Solar Panel Cost Guide in Cedar City, UT (2024 Update)
- Cedar City Solar Installation Cost: $11,376
- 25-Year Savings: $12,268
- Payback Period: 13.2 Years
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Average Cost of Solar Panels in Cedar City
Find out what the average cost of solar panels are in Cedar City.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Cedar City, the average cost of solar panels is 3 per watt.Because a 4.9-kW system is needed to cover the energy needs of a typical home in Cedar City, the average price of going solar will be about $11,376 after claiming the federal solar tax credit of 0.
These figures are just estimates, and your own solar costs will vary based on your specific situation and what company you want to go with.But, after you've paid the upfront cost of installation, the savings for most homeowners is quite rewarding, with a net average savings of about $17,000 over 20 years on electricity bills.
To get a free estimate from a highly rated solar installer in Cedar City, you can click the button below.
Solar savings over time in Cedar City
| Year | Return on Investment |
|---|---|
| 1 years | $-10,380 |
| 3 years | $-8,388 |
| 5 years | $-6,396 |
| 7 years | $-4,404 |
| 9 years | $-2,411 |
| 11 years | $-419 |
| 13 years | $1,573 |
| 15 years | $3,565 |
| 17 years | $5,558 |
| 19 years | $7,550 |
| 21 years | $9,542 |
| 23 years | $11,534 |
| 25 years | $13,526 |
Top Solar Installers in Cedar City
Although it's possible to install solar panels on your own, it takes extra energy and handiness. That's why most people choose to hire a solar panel installer. The payback period on an investment in solar panels will vary based on factors like your roof configuration and energy usage, but going with a solar company can shorten it. Your provider will be able to help you apply for incentives available in your area.
Working with a vetted solar installer can help your solar project go smoothly. Here are our recommendations:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Outstanding Local Installer
ES Solar
- Representatives are experts on local policies
- Lifetime workmanship warranty
- Outstanding customer service
- No leases or PPAs
- Energy audits only available 12 months after installation
Solar Veteran
Creative Energies
- Certified B Corp
- Outstanding customer service
- Many years of experience
- Multitude of products and services
- No leases or PPAs
- Slightly expensive
See all of the solar companies in Cedar City
Factors that Affect Solar Panel Costs in Cedar City
The cost of installing a solar system in Cedar City can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The most significant one is your system size, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power generation require better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,290.Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Cedar City, where sunlight is abundant, efficiency can quickly pay off. Also, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Cedar City to be too steep, even if the investment pays off over time. Thankfully, nearly every solar installer in the area provides access to financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also result in paying more over time because of interest.It’s a good idea to add the interest you’ll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and how long it’ll take to pay off the loan.
Solar Panel Installation Company
The final significant cost factor you should take into consideration is the installer you choose. Given the massive popularity of clean energy solutions in Cedar City, you’ll have many options to choose from, but each comes at various price points for labor and equipment.Additionally, some companies in Cedar City have more knowledge about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could help you save more money in the long run.
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 | $11,785 | 13.7 years |
| 8 kW | $3.36 | $18,792 | $16,082 | 13.5 years |
| 10 kW | $3.29 | $23,030 | $20,563 | 13.2 years |
| 12 kW | $3.22 | $27,083 | $25,229 | 12.9 years |
| 14 kW | $3.16 | $30,952 | $30,079 | 12.7 years |
| 16 kW | $3.09 | $34,637 | $35,112 | 12.4 years |
| 18 kW | $3.03 | $38,138 | $40,331 | 12.2 years |
| 20 kW | $2.96 | $41,454 | $45,733 | 11.9 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: Different companies will carry various brands and models of panels. If you want a specific brand, make sure the solar panel installer you’re considering has it.
- Installation Process: Make sure you’re on the same page with the installer with regard to how the installation process will go and what you need to do before your solar panels are installed, such as updating your electrical system or roof.
- Warranty: A high-quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: It’s important to read through your solar installer’s contract well to understand what services they will provide, what the warranty covers and what expectations you should have about the project timeline.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Outstanding Local Installer
ES Solar
- Representatives are experts on local policies
- Lifetime workmanship warranty
- Outstanding customer service
- No leases or PPAs
- Energy audits only available 12 months after installation
Solar Veteran
Creative Energies
- Certified B Corp
- Outstanding customer service
- Many years of experience
- Multitude of products and services
- No leases or PPAs
- Slightly expensive
EcoWatch's Cedar City, UT Solar Cost FAQs
How much does it cost to install solar panels in Cedar City?
The average cost of solar panels in Cedar City is about $16,450 for a 5-kW system and $32,900 for a 10-kW system before the ITC, but the actual cost will depend on certain factors such as the type of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Cedar City?
You can’t get solar panels for free in Cedar City. However, you may still be able to install 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.
How will having solar panels impact the value of my home?
Solar panels can increase the value of your home considerably as long as you buy or finance your panels and don’t choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing solar panels."
How often do you have to replace solar panels?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount of energy production.
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.