Solar Panel Cost Guide in Kaysville, UT (Mar 2023)
- Kaysville Solar Installation Cost: $9,868
- 25-Year Savings: $13,971
- Payback Period: 10.4 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Kaysville
Let's have a look at the average cost of solar in Kaysville.
In Kaysville, solar panels cost about 2.68 per watt on average. To account for the typical energy usage of the average home in Kaysville, most homeowners require a 5.3-kilowatt system. Using the per-watt figure above, a solar installation costs around $9,868, or $14,111 before the federal solar tax credit of 30% is applied.
These figures are only estimates, and the cost of going solar for you will most likely differ based on factors unique to your home and what company you choose to go with. For many homeowners, the upfront cost of solar is worth paying. On average homeowners in Kaysville see about $17,000 in savings on electricity bills over 20 years.
Click the button below to get connected to a reputable solar installer in Kaysville for a customized quote.
Solar savings over time in Kaysville
| 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 Kaysville
Installing solar panels yourself can be a time-consuming task, which is why using a solar installer is a good option for many homeowners. A solar installer can also help save you money in the long run by providing warranties, repairs and component replacements.
If you're on the hunt for a solar installer in Kaysville, we've put together a list of our top suggestions here:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
See all of the solar companies in Kaysville
Factors that Affect Solar Panel Costs in Kaysville
Cost is often one of the most important factors for homeowners wanting to invest in solar. There are a few major factors that determine your overall cost in Kaysville: solar equipment and system size, financing options and the solar installation company you choose. We'll go over each of these briefly below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power production need better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $2,680. There are many different solar panel brands and the one you choose also affects the cost. In many cases, the brands that are more efficient tend to also cost more. Plus, 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
Solar panels can save you money on energy bills over many years, but they can also be a significant investment. That's why many Kaysville homeowners choose to finance their solar panel systems to make paying for solar more affordable. It's wise to include 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 the amount of time it'll take to pay off the loan.
Solar Panel Installation Company
The remaining key cost factor you should keep in mind is the installer you choose. Given the massive popularity of sustainable energy solutions in Kaysville, you'll have many options to choose from, but each comes at varying price points for labor and equipment. Companies that only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It's best to do some research and choose a company that has the products, warranties and services you're looking for and also is within your budget.
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
The solar installer you go with will be a major factor in determining not only your total costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should consider, including:
- Solar Panel Brands: Different companies offer different brands and models of panels. If you prefer a specific brand, make sure the solar installer you're considering has it.
- Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to align on any details you need to know with your solar company, such as what permits you should acquire and what the project timeline is.
- Warranty: If you're worried about the endurance of your solar system, verifying that your company offers a 25-year, all-inclusive warranty can help put you at ease.
- Contract: When reading through your solar company's contract, ask for clarification about any terms you're not sure of and be sure you understand what happens in scenarios such as a system part breaking or the company going out of business.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
EcoWatch's Kaysville, UT Solar Cost FAQs
What is the average cost of installing solar panels in Kaysville?
This is a hard question to answer exactly, because the cost depends on a few different factors. Broadly speaking, it costs about $13,400 for a 5-kW system and $26,800 for a 10-kW system after the ITC is applied. It will be more expensive if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the flip side, you can spend less if you want a smaller solar panel system or less efficient solar panels.
Is it better to lease or buy solar panels in Kaysville?
Leasing solar panels can be an attractive choice, because it often comes with low or $0 upfront payments. The downside 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 maximize your savings.
How will solar panels impact my home value?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Kaysville is currently $354,800, which means you can expect a value of about $14,547 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Kaysville is a fruitful investment.
How long do solar panels last in Kaysville?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level of energy production.
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.