Solar Panel Cost Guide in Grantsville, UT (2024 Update)
- Grantsville Solar Installation Cost: $12,472
- 25-Year Savings: $16,017
- Payback Period: 11.9 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Grantsville
We go over average solar pricing in Grantsville.
The average cost of solar panels in Grantsville is 3 per watt.Because a 5.4-kW system is needed to cover the energy costs of a typical home in Grantsville, the average price of going solar will be about $12,472 after claiming the federal solar tax credit of 0.
The prices above are just estimates to give you an idea of how much solar panels could cost. The actual cost of making the switch to solar can vary quite a bit depending on several factors, such as what size system you need, your energy usage and what solar installer you go with.For most homeowners, the upfront investment in solar power is worth paying. On average homeowners in Grantsville see about $18,000 in savings on energy bills over 20 years.
You can click the button below to get connected with a top solar installer in Grantsville for a quote for your home.
Solar savings over time in Grantsville
| Year | Return on Investment |
|---|---|
| 1 years | $-11,476 |
| 3 years | $-9,483 |
| 5 years | $-7,491 |
| 7 years | $-5,499 |
| 9 years | $-3,507 |
| 11 years | $-1,514 |
| 13 years | $478 |
| 15 years | $2,470 |
| 17 years | $4,462 |
| 19 years | $6,455 |
| 21 years | $8,447 |
| 23 years | $10,439 |
| 25 years | $12,431 |
Top Solar Installers in Grantsville
Many homeowners opt for a solar panel installer since trying to put up solar panels by yourself can be hard. A solar installer can also help save you money over the lifespan of your system by offering warranties, repairs and part replacements.
If you’d like to start using solar energy but still aren’t certain which solar system installer to go with, here are our suggestions for providers in Grantsville:
Best National Provider
SunPower
- 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
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Outstanding Local Installer
ES Solar
- 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 Grantsville
Factors that Affect Solar Panel Costs in Grantsville
Even though the average cost of a solar system in Grantsville is $12,472, your final cost may be higher or lower than that. There are several factors that can have a significant impact on the cost of a solar system installation. Below are some of the more important things to take into consideration.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household uses, the larger your system will likely need to be. You can expect to pay about $3,290 per kilowatt in Grantsville.The brand and kind of equipment you get for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want extra equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Solar panels can save you money on power bills over time, but they can also be a big investment. That’s why many Grantsville homeowners choose to finance their solar panel systems to make going 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 pay a larger down payment, you can reduce your total costs and how long it’ll take to pay off the loan.
Solar Panel Installation Company
The remaining significant cost factor you should take into consideration is the installer you choose. Given the massive popularity of renewable energy solutions in Grantsville, you’ll have plenty of options to choose from, but each comes at various price points for labor and equipment.Larger national companies usually have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or extra services like electric vehicle charger installation, they might be cheaper overall.
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 | $14,631 | 12.4 years |
| 8 kW | $3.36 | $18,792 | $19,877 | 12.1 years |
| 10 kW | $3.29 | $23,030 | $25,307 | 11.9 years |
| 12 kW | $3.22 | $27,083 | $30,921 | 11.7 years |
| 14 kW | $3.16 | $30,952 | $36,719 | 11.4 years |
| 16 kW | $3.09 | $34,637 | $42,702 | 11.2 years |
| 18 kW | $3.03 | $38,138 | $48,868 | 11.0 years |
| 20 kW | $2.96 | $41,454 | $55,219 | 10.7 years |
How to Save on Solar Panels
The solar company you opt for will be a major factor in determining not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should keep in mind, such as:
- Installation Process: When going solar, it’s important to maintain an open line of communication with your solar installer. Make sure you understand how the installation process will go and the project completion timeline.
- Warranty: Warranties that cover replacement parts and repairs over a couple decades are the best you can get in the business, and offering such a warranty is one indication of a good company.
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, durability and energy efficiency. They will come at different costs as well. The company you choose impacts which solar panel brands you have access to.
- Contract: Read the contract terms closely to make sure you understand the overall cost, project completion timeline rebates and warranties.
Best National Provider
SunPower
- 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
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Outstanding Local Installer
ES Solar
- 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 Grantsville, UT Solar Cost FAQs
How much does it cost to install solar panels in Grantsville?
This is a hard question to answer exactly, because the cost depends on a few different factors. Generally 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 be more expensive if you want extra solar equipment or higher quality panels, or if you have above-average energy usage. Conversely, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
Is cost the most important thing to consider when buying solar panels?
Cost is certainly one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
How much can I save on electricity bills after switching to solar?
Solar panels can potentially eliminate your electricity bills depending on where you’re located and the efficiency of your system. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $966.73 per year.
How many solar panels do I need to power my home?
To figure out what solar panel system size you need, you need to know how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.
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.