Rising electricity bills from Public Service Co of Colorado (an Xcel Energy company) have many Englewood homeowners looking for alternatives. Rooftop solar offers a way to generate your own power, creating more predictable energy costs for years to come. In 2026, the financial case for solar in Englewood is built on strong state incentives and one of the most favorable utility policies in the country: full retail net metering.
Ready for numbers matched to your utility and typical bill?
Open calculatorBenchmark Cost Analysis
What Do Solar Panels Cost in Englewood in 2026?
After seeing the potential savings, the next question is about the upfront cost. For a 6.3 kW system sized for an average Englewood home, the estimated gross cost is $17,325. It is important for homeowners to budget for this amount, as the default 30% federal tax credit for residential solar is not available for systems placed in service in 2026. The financial viability now rests on state-level benefits and the power of net metering.
Incentives & Tax Credits
Colorado Incentives That Make Solar Work
While the federal landscape has shifted, Colorado provides a robust framework of support for homeowners going solar:
- No Property Tax Increase: In Colorado, adding solar panels to your home will not increase your property taxes. The state fully exempts the added value of a renewable energy system, a benefit that saves you money every year.
- No Sales Tax on Equipment: You won't pay state sales tax on the purchase of your solar panels, inverters, and racking. This directly lowers the total cost of your installation.
These two state policies, combined with Xcel's excellent net metering program, create a strong financial foundation for going solar in Englewood.
Net Metering: Public Service Co of Colorado
Retail Net Metering
Optional
Understanding Net Metering with Xcel Energy
The key to solar savings in Englewood is Xcel Energy's net metering program. This policy allows you to get full retail credit for any excess electricity your solar panels generate and send to the grid. For every kilowatt-hour (kWh) you export, you get a one-for-one credit to offset a kWh you pull from the grid later (like at night). This simple, fair exchange ensures that 100% of your solar production works to lower your electric bill, which is crucial for a strong return on investment.
Projected Savings
How Much Can You Save on Your Xcel Bill?
A typical 6.3 kW solar system in Englewood is modeled to save a homeowner approximately $1,227 in the first year alone. Based on current system costs and Xcel's electricity rates, the estimated payback period is around 11.7 years.
This investment provides more than just monthly savings. By producing your own electricity, you insulate your budget from future rate hikes. Long-term utility inflation can significantly improve the value of your solar investment over its 25+ year lifespan. Furthermore, an owned solar system can be a valuable feature that enhances your home's resale appeal.