Average Cost To Install Solar Panels In Utah

This is 2 66 per watt.

Average cost to install solar panels in utah.

What is the current average solar panel cost in utah based on current offers. Most solar panels last for 50 years have a 25 year warranty and start generating a return on investment after 8 years. A typical 6000 watt 6 kw solar system is 24 302 before the federal solar credit and 17 984 after claiming the federal solar tax credit. On a cost per watt w basis a solar panel installation in utah ranges in price from 2 54 to 3 44.

They are custom based on the home roof type shading and utility. No two solar power systems are the same. How long does it take to earn back your initial investment in solar panels. 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 2 99 w. After accounting for the 26 federal investment tax credit itc and other state and local solar incentives the net price you ll pay for solar can fall by thousands of dollars. Given a solar panel system size of 5 kilowatts kw an average solar installation in utah ranges in cost from 12 708 to 17 192 with the average gross price for solar in utah coming in at 14 950. Explore solar panel installation services.

In utah another very competitive solar market where the average system size needed is 5 7 kw and the average system cost per watt is 2 73 the average cost of an installed residential solar system is 15 561 before the tax credit and around 11 515 after the 26 solar tax credit. The average solar panel payback period is 7 to 12 years and solar energy saves 600 to 2 000 per year on electricity costs. As of august 2020 the average cost of solar panels per watt in utah is 4 05 watt. From utah data it is shown that the average cost of a solar panel installation ranges from 12 708 to 17 192.