Solar Panel Cost Guide in Cedar Hills, UT (2023 Update)
- Cedar Hills Solar Installation Cost: $9,771
- 25-Year Savings: $14,355
- Payback Period: 10.1 Years
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Updated September 15, 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 solar panels 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.
The true price you pay can go above or below the average in Cedar Hills based on several factors, such as the type of solar panels you choose and the solar company you hire. For most homeowners, the upfront cost of solar panels is worth paying. On average you could be looking at about $18,000 in savings on energy bills over 20 years.
Click the button below to get connected to a highly rated solar panel company in Cedar Hills for a personalized quote.
Solar savings over time in Cedar Hills
| Year | Return on Investment |
|---|---|
| 1 years | $-9,691 |
| 3 years | $-9,530 |
| 5 years | $-9,369 |
| 7 years | $-9,209 |
| 9 years | $-9,048 |
| 11 years | $-8,887 |
| 13 years | $-8,726 |
| 15 years | $-8,565 |
| 17 years | $-8,404 |
| 19 years | $-8,243 |
| 21 years | $-8,083 |
| 23 years | $-7,922 |
| 25 years | $-7,761 |
Top Solar Installers in Cedar Hills
Many homeowners opt for a solar panel installer since installing solar panels yourself can be hard. Also, companies with a high reputation that cost more upfront could actually save you money in the long term due to their warranties, repair services and expert design.
Working with a vetted solar company can make going solar easier. Here are our recommendations:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
See all of the solar companies in Cedar Hills
Factors that Affect Solar Panel Costs in Cedar Hills
There are several criteria that can play into your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
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 several different solar panel brands and the one you choose also affects the cost. Generally speaking, the brands that offer higher efficiency tend to also cost more. In addition, the type of equipment you choose can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be a challenge. Solar loans are offered by most installers in Cedar Hills, which can bring down, or in some cases eliminate, your upfront costs to make solar more affordable. It's a good idea to include the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it'll take to pay off the loan.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Cedar Hills is the company you choose to install your PV system. As with choosing a company to install new cabinets, for instance, there's no shortage of solar installers that offer a range of services for different budgets. You may see national solar installers that have lower prices due to their larger brand name and access to bulk 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 | $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
There are a large number of companies to choose from in Cedar Hills, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be challenging, so here are some tips to help you decide:
- Reputation: Make sure your solar company has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like the EcoWatch team.
- Warranty: Warranties that provide coverage for defective panels and repairs over around 25 years are the gold standard in the business, and offering that kind of warranty is one indication of a quality company.
- Solar Panel Brands: Not all solar companies offer the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you hire.
- Contract: Before you sign a contract with a solar company, make sure you look it over fully so you understand the terms. Also, ask questions if you aren't sure about some of the terms, such as what to do if a component breaks or malfunctions and what services you can expect from them.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Cedar Hills, UT Solar Cost FAQs
How much does it cost to install solar panels in Cedar Hills?
The average cost of solar panels in Cedar Hills is about $13,400 for a 5-kW system and $26,800 for a 10-kW system before the ITC, but the real 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 consume.
Should I lease or buy solar panels in Cedar Hills?
Leasing solar panels can be an attractive choice, as it commonly comes with low or $0 upfront payments. The drawback is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any incentives and your home value won't increase. Buying solar panels is a better way to go if you want to get the most savings.
Can you sell solar power back to the grid in Cedar Hills?
Most states offer net metering programs of some kind. Through these, you can either get paid for the extra power your system produces or or receive credits to put toward future energy bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy consumption 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.