How Much Are Solar Panels In Utah

A review of the current net metering agreement from the utah solar energy association.

How much are solar panels in utah.

How much energy does a solar panel produce. 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. Utah solar companies want solar and energy in general to remain affordable for all interested parties and to preserve the strong solar economy in the state of utah which currently employs over 5 000 citizens in its solar industry. From utah data it is shown that the average cost of a solar panel installation ranges from 12 708 to 17 192.

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

The average solar panel payback period is 7 to 12 years and solar energy saves 600 to 2 000 per year on electricity costs. More than 81 000 solar panels installed at the new plant near holden in millard county are generating solar energy for more than 3 200 residential commercial and community customers who signed up for the subscriber solar program. Solar panel cost data utah 2020 updated. 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.

Most solar panels last for 50 years have a 25 year warranty and start generating a return on investment after 8. For the sake of example if you are getting 5 hours of direct sunlight per day in a sunny state like california you can calculate your solar panel output this way. Thus the output for each solar panel in your array would. How much do solar panels cost in utah.

As of august 2020 the average cost of solar panels per watt in utah is 4 05 watt. Don t worry because after tax breaks and energy savings your first year costs will be considerably less than that. What is the current average solar panel cost in utah based on current offers. That s cheaper than solar has ever been but it still might seem like a big investment.

Installing a typical 5 kw solar system should start at about 20 000. 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. Here s how the numbers work for a 5 kw rooftop solar system in utah. 5 hours x 290 watts an example wattage of a premium solar panel 1 450 watts hours or roughly 1 5 kilowatt hours kwh.