Average Cost To Install Solar Panels In Utah

What is the current average solar panel cost in utah based on current offers.

Average cost to install solar panels in utah. Installation for the average 5kw system ranges from 11 100 22 400. 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. They are custom based on the home roof type shading and utility.

This is 2 66 per watt. As of september 2020 the average solar panel cost in utah is 2 99 w. As of august 2020 the average cost of solar panels per watt in utah is 4 05 watt. 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.

Most solar panels last for 50 years have a 25 year warranty and start generating a return on investment after 8 years. From utah data it is shown that the average cost of a solar panel installation ranges from 12 708 to 17 192. How long does it take to earn back your initial investment in solar panels. 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.

No two solar power systems are the same. On a cost per watt w basis a solar panel installation in utah ranges in price from 2 54 to 3 44. The average solar panel payback period is 7 to 12 years and solar energy saves 600 to 2 000 per year on electricity costs. The average cost to install solar panels is from 10 626 to 26 460 after tax credit for a 6kw to 12kw system to power an entire house.