Solar Panel Cost Guide in American Fork, UT (2025 Update)
- American Fork Solar Installation Cost: $11,996
- 25-Year Savings: $13,945
- Payback Period: 12.6 Years
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Average Cost of Solar Panels in American Fork
Let’s have a look at the average cost of solar panels in American Fork.
The average cost of solar panels in American Fork is 3 per watt.The average solar panel system size in American Fork is around 5.2 kilowatts, meaning a cost of about $11,996 for a solar installation, or $17,154 before the 0 federal solar tax credit is applied.
These figures are only estimates, and your own solar costs will differ based on your energy needs and what company you choose to go with.But, after you've paid the upfront cost of installation, the ROI for most homeowners is quite good, with a net average savings of about $17,000 over 20 years on energy bills.
For a free quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in American Fork
| Year | Return on Investment |
|---|---|
| 1 years | $-10,999 |
| 3 years | $-9,007 |
| 5 years | $-7,015 |
| 7 years | $-5,023 |
| 9 years | $-3,030 |
| 11 years | $-1,038 |
| 13 years | $954 |
| 15 years | $2,946 |
| 17 years | $4,938 |
| 19 years | $6,931 |
| 21 years | $8,923 |
| 23 years | $10,915 |
| 25 years | $12,907 |
Top Solar Installers in American Fork
Many homeowners opt for a solar installer since figuring out how to install solar panels yourself can be challenging. A solar installer can also help save you money over the lifespan of your system by providing warranties, repairs and system component replacements.
Working with a professional solar company can make going solar easier. Here are our recommendations:
See all of the solar companies in American Fork
Factors that Affect Solar Panel Costs in American Fork
There are several criteria that can determine your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more power your household consumes, the larger your system will likely need to be. You can expect to spend around $3,290 per kilowatt in American Fork.The brand and type of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Solar panels can save you money on energy bills over time, but they can also be a significant investment. That’s why many American Fork homeowners opt to finance their solar panel systems to make paying for solar more affordable.When trying to figure out your overall cost, you should also calculate the interest you’ll pay if you choose to go with a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
Finally, the company you hire to install your solar system can affect your pricing. American Fork’s solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies usually have lower costs, but some local companies keep up with them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or additional services like electric car charger installation, they might be cheaper overall.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.42 | $14,371 | $12,948 | 13.2 years |
| 8 kW | $3.36 | $18,792 | $17,633 | 12.9 years |
| 10 kW | $3.29 | $23,030 | $22,502 | 12.6 years |
| 12 kW | $3.22 | $27,083 | $27,555 | 12.4 years |
| 14 kW | $3.16 | $30,952 | $32,792 | 12.1 years |
| 16 kW | $3.09 | $34,637 | $38,214 | 11.9 years |
| 18 kW | $3.03 | $38,138 | $43,820 | 11.6 years |
| 20 kW | $2.96 | $41,454 | $49,610 | 11.4 years |
How to Save on Solar Panels
Since the kind of solar panels and the installer you choose significantly impacts your costs and your system’s efficiency, production, and durability, it’s important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and how much efficiency they need. While there are many options for which model of solar panel you can get, not every company will have the exact one you may want or need, so be sure to take a look at their list of options before making your decision.
- Warranty: Warranties that provide coverage for defective panels and repairs over a couple decades are the gold standard in the business, and offering that kind of warranty is one indication of a good company.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to install your solar system. Another way you can look into your installer’s reputation is by reading reviews.
- Contract: Before you sign a contract with a solar company, make sure to look it over completely so you understand the terms. Also, ask questions if you’re unsure about some of the terms, such as what to do if a component breaks or malfunctions and what services you can expect from them.
EcoWatch's American Fork, UT Solar Cost FAQs
What is the average cost of installing solar panels in American Fork?
This is a tough question to answer precisely, because the cost depends on many factors. Broadly speaking, it costs about $16,450 for a 5-kW system and $32,900 for a 10-kW system after the ITC is applied. It will be more expensive if you want additional solar equipment or higher quality panels, or if you have above-average energy consumption. Conversely, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
Can you get solar panels for free in American Fork?
Solar panels aren’t free in American Fork, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
How will solar panels impact the value of my home?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in American Fork is currently $515,912, which means you could be looking at a value of about $21,152 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in American Fork is a fruitful investment.
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 the amount of energy they produce will have decreased significantly after that point. You can replace them once you've had 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.