Solar Panel Cost Guide in Eagle Mountain, UT (Sep 2022)

  • Eagle Mountain Solar Installation Cost: $9,774
  • 25-Year Savings: $14,352
  • Payback Period: 10.1 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 9/16/2022

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Average Cost of Solar Panels in Eagle Mountain

Find out what the average cost of installing solar panels is in Eagle Mountain.

The average cost of a solar panel system in Eagle Mountain is $3 per watt. The average solar panel system size in Eagle Mountain is around 5.2 kilowatts, meaning a cost of about $9,774 for a solar installation, or $7,233 after the 30% federal solar tax credit is applied.

The true price you pay can be higher or lower than the average in Eagle Mountain depending on a variety of factors, such as the kind of solar panels you choose and the solar contractor you hire. Many homeowners find installing a solar system is a sound investment. The average homeowner in Eagle Mountain can save about $18,000 on their electricity bills over 20 years.

To see your potential savings and connect with a local solar expert, click the button below.

Solar savings over time in Eagle Mountain

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 Eagle Mountain

When switching to solar energy, many homeowners decide to use a solar installer since handling can be a time-consuming project. Some solar installers, particularly local ones, can help you better understand incentives in Eagle Mountain, optimizing your ROI.

If you'd like to start using solar energy but still aren't sure which solar panel installer to go with, here are our suggestions for providers in Eagle Mountain:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Outstanding Local Installer

ES Solar

★★★★★
4.5

  • Representatives are experts on local policies
  • Lifetime workmanship warranty
  • Outstanding customer service
  • No leases or PPAs
  • Energy audits only available 12 months after installation

See all of the solar companies in Eagle Mountain

Factors that Affect Solar Panel Costs in Eagle Mountain

The cost of installing a solar system in Eagle Mountain can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The largest one is your system size, and other factors include equipment choices, financing options and the solar company you choose.

Solar Equipment Size

Size is one of the largest factors that affects the overall cost of installing solar panels. For that reason, it's crucial to accurately assess the size of the solar energy system needed for your home by figuring out your typical energy use. The kind of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more over time on your energy bills. In addition, add-on products, like solar batteries, can bump up your total well above the Eagle Mountain average.

Solar Financing Terms

Most solar installers in Eagle Mountain provide solar loans, which reduce your upfront costs of installing solar. It's a good idea to add 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 how long it'll take to pay back the loan.

Solar Panel Installation Company

The solar panel installer you pick will affect your total cost to adopt solar power. Different companies will bill different amounts for the equipment and labor. You may see national solar installers that have lower prices due to their bigger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or promotions to compete with those major players.

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

Solar Incentives in Eagle Mountain

Name Renewable Energy Systems Tax Credit (Corporate)
Website Visit here
More Info Click here

Name Renewable Energy Systems Tax Credit (Personal)
Website Visit here
More Info Click here

Name Rocky Mountain Power - wattsmart Residential Efficiency Program
Website Visit here
More Info Click here

Name Residential Renewable Energy Tax Credit
Website Visit here
More Info Click here

How to Save on Solar Panels

There are a lot of companies available in Eagle Mountain, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be tough, so here are some tips to help you decide:

  • Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to do the job well. Another way you can research your installer's reputation is by reading reviews.
  • Warranty: If you're worried about the longevity of your solar energy system, checking your installer offers a 25-year, all-inclusive warranty can help put you at ease.
  • Contract: Before signing a contract with a solar installer, make sure to look it over fully so you understand the terms. Also, ask questions if you're unsure about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
  • Solar Panel Brands: Different companies will carry different brands and types of panels. If you know you want a specific brand, make sure the solar company you're considering has it.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Outstanding Local Installer

ES Solar

★★★★★
4.5

  • Representatives are experts on local policies
  • Lifetime workmanship warranty
  • Outstanding customer service
  • No leases or PPAs
  • Energy audits only available 12 months after installation

EcoWatch's Eagle Mountain, UT Solar Cost FAQs

What is the average cost of installing solar panels in Eagle Mountain?

This is a difficult question to answer precisely, because the cost depends on a variety of factors. Generally speaking, it costs about $13,400 for a 5-kW system and $26,800 for a 10-kW system after the ITC is applied. You can expect to pay more if you want additional solar equipment or more efficient panels, or if you have above-average energy usage. On the flip side, you can spend less if you choose a smaller solar panel system or less efficient solar panels.

What other factors should I consider in addition to cost when buying solar panels?

Cost is certainly one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.

Do solar panels increase your property value?

Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Eagle Mountain is currently $331,451, so you can expect about a value of about $13,589 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Eagle Mountain is a worthwhile investment.

How often do you have to replace solar panels?

Although 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 their energy production will have decreased significantly after that point. You can decide to replace them after having 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.

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.

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