Solar Panel Cost Guide in Park City, KS (2024 Update)
- Park City Solar Installation Cost: $17,256
- 25-Year Savings: $28,622
- Payback Period: 10.3 Years
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Average Cost of Solar Panels in Park City
Let’s have a look at the average cost of solar in Park City.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Park City, the typical cost of solar panels is 3 per watt.Using this figure, a typical 7.4-kW system would cost about $17,256 before the 0 federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you’ll pay for solar will differ based on your household energy needs, the type of solar system you want to get, your solar contractor and more.But, after you've paid the initial cost of installation, the ROI for most homeowners is usually fruitful, with a net average savings of about $22,000 over 20 years on utility bills.
To receive a free quote from a vetted solar company in Park City, you can click the button below.
Solar savings over time in Park City
| Year | Return on Investment |
|---|---|
| 1 years | $-15,920 |
| 3 years | $-13,247 |
| 5 years | $-10,575 |
| 7 years | $-7,903 |
| 9 years | $-5,231 |
| 11 years | $-2,559 |
| 13 years | $113 |
| 15 years | $2,785 |
| 17 years | $5,457 |
| 19 years | $8,130 |
| 21 years | $10,802 |
| 23 years | $13,474 |
| 25 years | $16,146 |
Top Solar Installers in Park City
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can be a headache. Using a solar panel installer can make converting to solar power much easier. Solar installers offer key benefits that can help you maximize your investment, like warranties, monitoring and free repairs.
You can get a free quote from a local solar installer on the cost of solar panels for your home. Here are some in Park City:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Park City
Factors that Affect Solar Panel Costs in Park City
For many Park City homeowners, the decision to install a solar energy system rests on cost. However, the range of solar installation costs can be quite wide in Park City, with typical prices between $20,000 to $40,000. There are numerous factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. That’s why it’s important to accurately gauge the size of the solar energy system needed for your home by figuring out your average energy use.Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Park City, where sunlight is abundant, efficiency can quickly pay off. In addition, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar companies in Park City provide solar loans, which reduce the initial cost of installing a solar system.When figuring out your overall cost, you should also calculate the interest you’ll pay if you go with a solar loan. Also, paying more on your down payment can lower the total interest paid over time.
Solar Panel Installation Company
The solar company you go with to handle your switch to clean energy can have an effect on your total costs. There are about 3 solar panel companies in Park City, and each can charge different amounts for labor and equipment.You may notice national solar installers that have lower prices because of their larger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or specials to compete with those larger companies.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.47 | $14,589 | $19,557 | 10.7 years |
| 8 kW | $3.41 | $19,078 | $26,449 | 10.5 years |
| 10 kW | $3.34 | $23,380 | $33,529 | 10.3 years |
| 12 kW | $3.27 | $27,495 | $40,796 | 10.1 years |
| 14 kW | $3.21 | $31,423 | $48,250 | 9.9 years |
| 16 kW | $3.14 | $35,164 | $55,892 | 9.7 years |
| 18 kW | $3.07 | $38,717 | $63,720 | 9.4 years |
| 20 kW | $3.01 | $42,084 | $71,735 | 9.2 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you select the right company for you, here are some tips to keep in mind:
- Installation Process: An important thing to understand when adopting solar power is the installation process itself. Be sure to clarify any details you need to know with your solar installer, such as what permits you should secure and what the project timeline is.
- Warranty: Warranties that provide coverage for panel repairs and maintenance over around 25 years are the gold standard in the business, and offering such a warranty is one mark of a quality company.
- Reputation: Companies that have been in business for many years likely have a high reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
- Contract: It’s important to read through your solar installer’s contract closely to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system’s energy production.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Park City, KS Solar Cost FAQs
What is the average cost of installing solar panels in Park City?
This is a tough question to answer exactly, because the cost depends on many factors. Broadly speaking, it costs about $16,700 for a 5-kW system and $33,400 for a 10-kW system after the ITC is applied. It will be more expensive if you want extra solar equipment or more efficient panels, or if you have higher-than-average energy usage. On the other hand, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
Are solar panels free in Park City?
You can’t get solar panels for free in Park City. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
Does Park City have a net metering program?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future power bills.
How often do you have to replace solar panels?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is their energy production will have decreased significantly after that point. You can opt to replace them after having them for that long or you can keep using them at a lower efficiency.
Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.