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.

How much are solar panels in utah.

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. 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 data utah 2020 updated. 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.

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. 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. That s cheaper than solar has ever been but it still might seem like a big investment.

This is 2 66 per watt. Here s how the numbers work for a 5 kw rooftop solar system in utah. Installing a typical 5 kw solar system should start at about 20 000. The average solar panel payback period is 7 to 12 years and solar energy saves 600 to 2 000 per year on electricity costs.

From utah data it is shown that the average cost of a solar panel installation ranges from 12 708 to 17 192. Thus the output for each solar panel in your array would. 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.

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. What is the current average solar panel cost in utah based on current offers. 5 hours x 290 watts an example wattage of a premium solar panel 1 450 watts hours or roughly 1 5 kilowatt hours kwh. How much energy does a solar panel produce.

As of september 2020 the average solar panel cost in utah is 2 99 w. Right here 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. Most solar panels last for 50 years have a 25 year warranty and start generating a return on investment after 8.