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 national average cost of solar panels is $2.66 per watt, but in Grantsville it’s 3 per watt.Since a 5.4-kW system is needed to cover the energy usage 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.
These figures are only estimates, and the cost of going solar for you may vary based on factors unique to your home and what company you want to go with.With average savings of about $18,000 on power bills over 20 years, many homeowners in Grantsville find investing in solar can be quite rewarding.
Click the button below to get connected to a reputable solar installer in your area for a customized quote.
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
Putting up solar panels by yourself can be a challenging undertaking, which is why using a solar installer is a good option for many homeowners. The expertise that solar installers provide can be useful as well, particularly if you aren’t sure what brand of solar equipment would be right for your home.
There are several licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
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 Grantsville
Factors that Affect Solar Panel Costs in Grantsville
Although 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
When it comes to estimating the price of a solar energy system in Grantsville, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home’s energy consumption, which you can determine by looking at past power bills. Your overall cost can increase by about $3,290 for each additional kilowatt you need.There are a lot of different solar panel brands and the one you choose also changes the cost. Generally, the brands that have better efficiency tend to also cost more. Additionally, the type of equipment you’re looking to get can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar companies in Grantsville provide solar loans, which reduce the initial cost of installing a solar system.When figuring out your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The last key cost factor you should take into consideration is the installer you choose. Given the massive popularity of green energy solutions in Grantsville, you’ll have lots of options to choose from, but each comes at varying price points for labor and equipment.You may notice national solar installers that have lower prices because of their larger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or promotions 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 | $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
There are numerous companies to choose from in Grantsville, 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: Make sure you’re on the same page with the company in regard to how the installation process will go and what needs to be done before your solar panels are installed, such as repairing your electrical system or roof.
- Warranty: Warranties that cover defective panels 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 mark of a good company.
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, longevity and efficiency. They will come at different prices as well. The company you choose has an impact on which solar panel brands you have access to.
- Contract: Before signing a contract with a solar company, be sure to read it through fully so you understand the terms. Also, ask questions if you’re not certain about some of the terms, such as what to do if a component breaks or malfunctions and what services you can expect from them.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Grantsville, UT Solar Cost FAQs
How much does it cost to install solar panels in Grantsville?
The average cost of solar panels in Grantsville 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 certain factors such as the model of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider apart from cost when buying solar panels?
The upfront cost is a crucial factor to consider, but whether it’s the most important for you depends on why you decided to go solar. In places where rooftop space is limited, efficiency can trump the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.
Can solar panels significantly reduce my energy bills?
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 $966.73 per year.
How many solar panels do I need 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 take a 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.