Solar Panel Cost Guide in Clinton, UT (2024 Update)
- Clinton Solar Installation Cost: $12,120
- 25-Year Savings: $16,304
- Payback Period: 11.6 Years
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Average Cost of Solar Panels in Clinton
Here’s how much it might cost to make the switch to solar in Clinton.
The national average cost of solar panels is $2.66 per watt, but in Clinton it’s 3 per watt.The average solar panel system size in Clinton is around 5.3 kilowatts, meaning a cost of about $12,120 for a solar installation, or $17,332 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 may look quite different based on your household energy use, the type of equipment you choose, your solar contractor and more.But, once you've paid the initial cost of installation, the return on investment for most homeowners is quite good, with a net average savings of about $19,000 over 20 years on utility bills.
For a customized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Clinton
Year | Return on Investment |
---|---|
1 years | $-11,124 |
3 years | $-9,132 |
5 years | $-7,140 |
7 years | $-5,147 |
9 years | $-3,155 |
11 years | $-1,163 |
13 years | $829 |
15 years | $2,822 |
17 years | $4,814 |
19 years | $6,806 |
21 years | $8,798 |
23 years | $10,791 |
25 years | $12,783 |
Top Solar Installers in Clinton
Trying to put up solar panels on your own can be a dangerous project, which is why hiring a solar installer is a good option for many homeowners. In addition, if you’d like to maximize your investment in solar energy, going with a solar installer can help with that as well. Different providers can offer warranties, expertise on solar panel installation and sometimes even information on local incentives and net metering programs.
If you're looking for a solar company in Clinton, we've put together a list of our top suggestions here:
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 Clinton
Factors that Affect Solar Panel Costs in Clinton
There are a number of criteria that can affect your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment
The size of the solar energy system you need for your home, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $3,290. The type of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more in the long run on your power bills. In addition, extra products, like solar batteries, can bump up your total well above the Clinton average.
Solar Financing Terms
Many homeowners find the average cost of solar in Clinton to be prohibitively expensive, even if the investment pays off over time. Thankfully, nearly every solar installer in the area provides financing options. Solar loans drastically decrease upfront costs in most cases, but they also result in a higher cost over time because of interest.You’ll have to consider the long-term cost of financing options, including the amount of interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or securing a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
The solar company you choose to handle your switch to green energy can have an effect on your total costs. There are about 3 solar panel companies in Clinton, and each can charge different amounts for labor and equipment.Some companies only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It’s best to do some research and decide on the company that has the products, warranties and services you want and also fit into your budget.
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 | $15,473 | 12.0 years |
8 kW | $3.36 | $18,792 | $20,999 | 11.8 years |
10 kW | $3.29 | $23,030 | $26,709 | 11.6 years |
12 kW | $3.22 | $27,083 | $32,603 | 11.3 years |
14 kW | $3.16 | $30,952 | $38,682 | 11.1 years |
16 kW | $3.09 | $34,637 | $44,945 | 10.9 years |
18 kW | $3.03 | $38,138 | $51,392 | 10.6 years |
20 kW | $2.96 | $41,454 | $58,024 | 10.4 years |
How to Save on Solar Panels
The solar installer you choose will influence not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should consider, including:
- Contract: It’s important to look over your solar installer’s contract fully to understand what services they will provide, what the warranty covers and what you can expect about the cost.
- Reputation: Make sure your solar system installer 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 replacement parts and repairs over a long period of time such as 25 years are the best you can get in the business, and offering that kind of warranty is one indication of a good company.
- Installation Process: When making the switch to solar, it’s crucial to keep an open line of communication with your solar panel installer. Confirm that you understand how the installation process will go and the project completion timeline.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Clinton, UT Solar Cost FAQs
How much does it cost to install solar panels in Clinton?
This is a hard 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 cost more if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy usage. On the flip side, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
Should I lease or buy solar panels in Clinton?
Leasing solar panels can be an attractive choice, because it typically comes with low or $0 upfront payments. The downside 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 maximize your savings.
Can you sell solar power back to the grid in Clinton?
The majority of states offer net metering programs of some kind. Through these, you can either get paid for the extra power your system generates 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 long do solar panels last in Clinton?
On average, solar panels can last 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 higher level 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.