Utah Solar Panel Cost

How long does it take to earn back your initial investment in solar panels.

Utah solar panel cost.

A solar panel lease costs 100 per month on average with most spending between 50 and 250 per month depending on their location and energy needs. September 17 2020 as of sep 2020 the average cost of solar panels in utah is 2 66 per watt making a typical 6000 watt 6 kw solar system 11 797 after claiming the 26 federal solar tax credit now available. Solar panel cost data utah 2020 updated. That s how big your loan will need to be to cover the system cost.

Given a solar panel system size of 5 kilowatts kw an average solar installation in utah ranges in cost from 12 878 to 17 422 with the average gross price for solar in utah coming in at 15 150. This is 2 66 per watt. Due to the steep upfront costs of around 32 000 in cash only those upper income families can afford to install solar arrays. Leasing solar panels is cost effective and typically saves 50 to 100 per month on your electricity bills with little to no down payment.

Solar panel cost in utah the average cost for an installed residential solar system in utah is currently 11 797 after claiming the 26 federal solar tax credit. As of september 2020 the average solar panel cost in utah is 3 03 w. From utah data it is shown that the average cost of a solar panel installation ranges from 12 708 to 17 192. Installing a typical 5 kw solar system should start at about 15 600 after rmp s 4 400 rebate.

On a cost per watt w basis a solar panel installation in utah ranges in price from 2 54 to 3 44. Green energy chronicles is however looking to change that. Utah is one of the best states in the country if you want to go solar but only if you re rich enough. Here s how the numbers pencil out for a utah homeowner who makes a solar purchase with a heloc.