Solar Panel Cost Guide in Fruit Heights, UT (2023 Update)
- Fruit Heights Solar Installation Cost: $9,868
- 25-Year Savings: $13,971
- Payback Period: 10.4 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Fruit Heights
See how much it might cost to switch to solar power in Fruit Heights.
In Fruit Heights, solar panels cost about 2.68 per watt on average. To account for the typical energy usage of the average home in Fruit Heights, most homeowners require a 5.3-kilowatt system. Using the per-watt figure above, a solar installation costs about $9,868, or $14,111 before the federal solar tax credit of 30% is applied.
Bear in mind that the figures above are only estimates based on the average Fruit Heights homeowner. The cost of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor. Even with the significant upfront cost, the average Fruit Heights homeowner can save about $17,000 on their power bills over 20 years, which is one of the advantages of solar.
To get a free estimate from a top solar installer in Fruit Heights, you can click the button below.
Solar savings over time in Fruit Heights
| Year | Return on Investment |
|---|---|
| 1 years | $-8,914 |
| 3 years | $-7,007 |
| 5 years | $-5,100 |
| 7 years | $-3,193 |
| 9 years | $-1,286 |
| 11 years | $621 |
| 13 years | $2,529 |
| 15 years | $4,436 |
| 17 years | $6,343 |
| 19 years | $8,250 |
| 21 years | $10,157 |
| 23 years | $12,064 |
| 25 years | $13,971 |
Top Solar Installers in Fruit Heights
When making the switch to solar, many homeowners choose to go with a solar company since putting up a solar system yourself can be a challenging project. Solar warranties and repairs are typically included in the cost of installation when you sign a contract with a solar company as well, which can save you more money over time.
Working with a vetted solar installer 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 Fruit Heights
Factors that Affect Solar Panel Costs in Fruit Heights
Cost is usually one of the most important factors for homeowners who are considering investing in solar. There are a few primary factors that affect your total cost in Fruit Heights: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
Solar Equipment
The size of the solar panel system you need for your home, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by about $2,680. The type of solar panels and equipment you want is another factor that will significantly affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more expensive. Moreover, solar equipment consists of more than just the solar panels themselves. You'll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when researching a solar system that falls within your budget.
Solar Financing Terms
Solar panels can save you money on power bills over time, but they can also be a significant investment. That's why many Fruit Heights homeowners decide to finance their solar panel systems to make going solar more affordable. When trying to figure out your overall cost, you should also calculate the interest you'll pay if you go with a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The last significant cost factor you should consider is the installer you choose. Given the massive popularity of clean energy solutions in Fruit Heights, you'll have lots of options to choose from, but each comes at different price points for labor and equipment. You may notice national solar installers that have lower prices because of their bigger brand name and access to bulk equipment 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 | $15,472 | 10.8 years |
| 8 kW | $2.73 | $15,308 | $20,930 | 10.6 years |
| 10 kW | $2.68 | $18,760 | $26,537 | 10.4 years |
| 12 kW | $2.63 | $22,062 | $32,295 | 10.1 years |
| 14 kW | $2.57 | $25,213 | $38,202 | 9.9 years |
| 16 kW | $2.52 | $28,215 | $44,260 | 9.7 years |
| 18 kW | $2.47 | $31,067 | $50,468 | 9.5 years |
| 20 kW | $2.41 | $33,768 | $56,826 | 9.3 years |
How to Save on Solar Panels
There are numerous companies to choose from in Fruit Heights, 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:
- Installation Process: When making the switch to solar, it's necessary to maintain an open line of communication with your solar installer. Confirm that you understand how the installation process will go and the project completion timeline.
- Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, longevity and efficiency. They will come at different costs as well. The company you choose affects which solar panel brands you have access to.
- Contract: Before you sign a contract with a solar company, make sure you read it through fully so you understand the terms. Also, ask questions if you aren't sure about some of the terms, such as what the warranty covers and what services you can expect from them.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar system running for years to come and save you money on repairs and maintenance.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Fruit Heights, UT Solar Cost FAQs
How much does it cost to install solar panels in Fruit Heights?
The average cost of solar panels in Fruit Heights is about $13,400 for a 5-kW system and $26,800 for a 10-kW system before the ITC, but the actual cost will depend on things like the type of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Fruit Heights?
A solar panel system isn't free in Fruit Heights, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
How much can I save on electricity bills after installing solar panels?
Solar panels can potentially eliminate your electricity bills depending on your location 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 $905.94 per year.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy usage 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.