Solar Panel Cost Guide in Cedar Hills, UT (2023 Update)
- Cedar Hills Solar Installation Cost: $9,774
- 25-Year Savings: $14,352
- Payback Period: 10.1 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Cedar Hills
We break down average solar pricing in Cedar Hills.
The average cost of a solar system in Cedar Hills is 2.68 per watt. Using this figure, a typical 5.2-kW system would cost about $9,774 before the 30% federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you'll pay for solar may vary based on your household energy needs, the type of equipment you want to get, your solar contractor and more. For most homeowners, the upfront cost of solar power is worth paying. On average you could be looking at about $18,000 in savings on energy bills over 20 years.
To see your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in Cedar Hills
| Year | Return on Investment |
|---|---|
| 1 years | $-8,809 |
| 3 years | $-6,879 |
| 5 years | $-4,949 |
| 7 years | $-3,019 |
| 9 years | $-1,089 |
| 11 years | $842 |
| 13 years | $2,772 |
| 15 years | $4,702 |
| 17 years | $6,632 |
| 19 years | $8,562 |
| 21 years | $10,492 |
| 23 years | $12,422 |
| 25 years | $14,352 |
Top Solar Installers in Cedar Hills
When going solar, many homeowners opt to go with a solar installer since putting up solar panels yourself can be a challenging project. The expertise that solar installers provide can be invaluable as well, particularly if you don't quite know what brand of solar equipment you need.
You can work with a local solar installer to get a free quote on the cost of solar panels for your home. Here are some in Cedar Hills:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
See all of the solar companies in Cedar Hills
Factors that Affect Solar Panel Costs in Cedar Hills
For many Cedar Hills homeowners, the decision to install a solar energy system depends on cost. However, the range of solar installation costs can be quite wide in Cedar Hills, with typical prices between $20,000 to $40,000. There are a few factors that greatly influence the price you'll pay, which we'll go over below.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power generation need 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 $2,680. There are a lot of different solar panel brands and the one you choose also changes the cost. Generally, the brands that are more efficient tend to also be more expensive. Plus, the type of equipment you're looking to install can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a significant investment. That's why many Cedar Hills homeowners choose to finance their solar panel systems to offset upfront costs. However, the interest on solar loans also adds to your all-in costs, so it's crucial to include that in your estimate as well. You can always reduce the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
The last key cost factor you should consider is the installer you choose. Given the massive popularity of sustainable energy solutions in Cedar Hills, you'll have lots of options to choose from, but each comes at different price points for labor and equipment. Larger national companies usually have lower costs, but some local companies undercut them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or add-on 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 | $2.79 | $11,706 | $16,085 | 10.5 years |
| 8 kW | $2.73 | $15,308 | $21,747 | 10.3 years |
| 10 kW | $2.68 | $18,760 | $27,559 | 10.1 years |
| 12 kW | $2.63 | $22,062 | $33,521 | 9.9 years |
| 14 kW | $2.57 | $25,213 | $39,633 | 9.7 years |
| 16 kW | $2.52 | $28,215 | $45,896 | 9.5 years |
| 18 kW | $2.47 | $31,067 | $52,308 | 9.3 years |
| 20 kW | $2.41 | $33,768 | $58,870 | 9.1 years |
How to Save on Solar Panels
The solar installer you go with will impact not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should consider, including:
- Reputation: Solar system installers that have great reviews from their customers and that have been in business for many years most likely offer quality solar panel installation and expertise.
- Warranty: If you're concerned about the longevity of your solar panels, verifying that your company offers a 25-year, all-inclusive warranty can help put you at ease.
- Solar Panel Brands: The brand of solar panel you need plays a role in which company you should go with, since different companies provide different panels.
- Contract: It's important to look over your solar installer's contract well to understand what services they will provide, what the warranty covers and what you can expect about the installation process.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
EcoWatch's Cedar Hills, UT Solar Cost FAQs
How much does it cost to install solar panels in Cedar Hills?
This is a difficult question to answer exactly, because the cost depends on a variety of factors. Broadly speaking, it costs about $13,400 for a 5-kW system and $26,800 for a 10-kW system after the ITC is applied. It will cost more 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 opt for a smaller solar panel system or cheaper solar panels.
Is cost the most important thing to consider when buying solar panels?
The initial cost is a very important factor to consider, but whether it's the most important for you depends on your goals for going solar. In cities where rooftop space is limited, efficiency can trump the cost. Other factors that are important to consider are the quality and durability of your solar panels.
Can solar panels significantly reduce my power bills?
Solar panels can potentially eliminate your electricity bills depending on where you're located and how much sunlight your home gets. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $926.38 per year.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and the average daily sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to cover their typical energy usage.
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.