How Much Are Solar Panels In Utah

Most solar panels last for 50 years have a 25 year warranty and start generating a return on investment after 8.

How much are solar panels in utah.

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. 5 hours x 290 watts an example wattage of a premium solar panel 1 450 watts hours or roughly 1 5 kilowatt hours kwh. 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 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. That s cheaper than solar has ever been but it still might seem like a big investment. Don t worry because after tax breaks and energy savings your first year costs will be considerably less than that.

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. Here s how the numbers work for a 5 kw rooftop solar system in utah. 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. 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.

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. 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. How much do solar panels cost in utah. 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.

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. This is 2 66 per watt. How much energy does a solar panel produce. Thus the output for each solar panel in your array would.

A review of the current net metering agreement from the utah solar energy association. On a cost per watt w basis a solar panel installation in utah ranges in price from 2 54 to 3 44. What is the current average solar panel cost in utah based on current offers. Installing a typical 5 kw solar system should start at about 20 000.