Solar Panel Cost Guide in Ephraim, UT (2025 Update)
- Ephraim Solar Installation Cost: $12,036
- 25-Year Savings: $16,372
- Payback Period: 11.5 Years
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Average Cost of Solar Panels in Ephraim
We break down average solar pricing in Ephraim.
In Ephraim, solar panels cost about 3 per watt on average.Since a 5.2-kW system is needed to cover the energy costs of a typical home in Ephraim, the average price of going solar will be about $12,036 after claiming the federal solar tax credit of 0.
Keep in mind that the numbers above are only averages. The price you’ll pay for solar will differ based on your household energy use, the type of equipment you choose, your solar contractor and more.With average savings of about $19,000 on energy bills over 20 years, many homeowners in Ephraim find going solar has a decent ROI.
Click the button below to get connected to a top solar company in Ephraim for a customized quote.
Solar savings over time in Ephraim
Year | Return on Investment |
---|---|
1 years | $-11,040 |
3 years | $-9,047 |
5 years | $-7,055 |
7 years | $-5,063 |
9 years | $-3,071 |
11 years | $-1,078 |
13 years | $914 |
15 years | $2,906 |
17 years | $4,898 |
19 years | $6,890 |
21 years | $8,883 |
23 years | $10,875 |
25 years | $12,867 |
Top Solar Installers in Ephraim
Although it's possible to install solar panels by yourself, it involves extra labor and knowledge. For that reason, most homeowners choose to go with a solar panel installer. Another good thing about choosing a reliable solar installer is that it'll provide warranties and free repairs, which help protect your solar system over time.
If you’d like to go solar but still aren’t sure which solar system company to go with, here are our recommendations for providers near you:
See all of the solar companies in Ephraim
Factors that Affect Solar Panel Costs in Ephraim
The cost of installing a solar system in Ephraim can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The biggest 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 some different factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power production 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 $3,290.Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Ephraim, where sunlight is abundant, efficiency can quickly pay off. In addition, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for solar panels in cash is out of reach, solar loans are a popular route because they decrease your upfront costs and allow you to pay for your system over five to seven years on average.However, the interest on solar loans also increases your overall costs, so it’s vital to include that in your estimate as well. You can always reduce the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
Finally, the company you get to install your solar system can play a part in determining how much you pay. Ephraim’s solar companies all have different labor costs and add varying upcharges to equipment. The size of the company can sometimes play the most considerable role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower prices due to access to greater resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger companies.
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 | $15,682 | 12.0 years |
8 kW | $3.36 | $18,792 | $21,278 | 11.7 years |
10 kW | $3.29 | $23,030 | $27,058 | 11.5 years |
12 kW | $3.22 | $27,083 | $33,022 | 11.3 years |
14 kW | $3.16 | $30,952 | $39,170 | 11.0 years |
16 kW | $3.09 | $34,637 | $45,503 | 10.8 years |
18 kW | $3.03 | $38,138 | $52,020 | 10.6 years |
20 kW | $2.96 | $41,454 | $58,721 | 10.3 years |
How to Save on Solar Panels
There are a lot of companies available in Ephraim, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years likely provide high-quality solar panel installation and expertise.
- Solar Panel Brands: Different companies carry various brands and kinds of panels. If you prefer a specific brand, make sure the solar panel company you’re considering has it.
- Contract: It’s important to read through your solar installer’s contract thoroughly to understand what services they will provide, what the warranty covers and what expectations you should have about the cost.
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to clarify any details you need to know with your solar installer, such as what permits you should acquire and how long the project will take.
EcoWatch's Ephraim, UT Solar Cost FAQs
What is the average cost of installing solar panels in Ephraim?
The average cost of solar panels in Ephraim is about $16,450 for a 5-kW system and $32,900 for a 10-kW system before the ITC, but the real cost will depend on stuff like the model of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Ephraim?
Leasing solar panels can be an attractive choice, because it typically 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 tax rebates and credits and your home value won’t increase. Buying solar panels is a better option if you want to get the most savings.
Is it worth going solar in Ephraim?
Whether or not solar panels are worth it depends on a variety of factors like the cost of electricity near you and how much direct sunlight your roof gets.
How long do solar panels last in Ephraim?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is how much energy they produce will have decreased significantly after that point. You can decide to replace them once you've had 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.