Solar Panel Cost Guide in La Verkin, UT (2024 Update)
- La Verkin Solar Installation Cost: $11,097
- 25-Year Savings: $15,517
- Payback Period: 11.3 Years
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Average Cost of Solar Panels in La Verkin
Find out what the average cost of solar panels are in La Verkin.
The national average cost of solar panels is $2.66 per watt, but in La Verkin it’s 3 per watt.Because a 4.8-kW system is needed to cover the energy needs of a typical home in La Verkin, the average price of going solar will be about $11,097 after claiming the federal solar tax credit of 0.
The true cost of your system can go above or below the average in La Verkin based on a few factors, such as the brand of solar panels you choose and the solar company you hire.For many homeowners, the upfront cost of solar panels is worth paying. On average you could be looking at about $19,000 in savings on energy bills over 20 years.
For a personalized quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in La Verkin
| Year | Return on Investment |
|---|---|
| 1 years | $-10,101 |
| 3 years | $-8,109 |
| 5 years | $-6,116 |
| 7 years | $-4,124 |
| 9 years | $-2,132 |
| 11 years | $-140 |
| 13 years | $1,853 |
| 15 years | $3,845 |
| 17 years | $5,837 |
| 19 years | $7,829 |
| 21 years | $9,821 |
| 23 years | $11,814 |
| 25 years | $13,806 |
Top Solar Installers in La Verkin
Trying to put up solar panels on your own can be a challenging task, which is why using a solar installer is a good option for many homeowners. Another perk of using a solar installer is that they can help you maximize your ROI by reducing your future costs of repairs and replacements due to warranties and informing you of local incentives you can take advantage of.
If you're searching for a solar installer in La Verkin, we've put together a list of our top suggestions here:
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 La Verkin
Factors that Affect Solar Panel Costs in La Verkin
The cost of installing a solar system in La Verkin can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The biggest one is the size of the system you need, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. That’s why it’s crucial to accurately assess the size of the solar energy system needed for your home by figuring out your typical energy use.The brand and type of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often have a higher price tag 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 more savings over time. Plus, if you want add-ons like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Most solar installers in La Verkin have solar loans, which reduce your upfront costs of installing solar.You’ll have to consider the long-term cost of loans, including the amount of interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or getting a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
The remaining significant cost factor you should consider is the installer you choose. Given the massive popularity of sustainable energy solutions in La Verkin, you’ll have many options to choose from, but each comes at different price points for labor and equipment.The size of the company can sometimes play the most significant role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower prices because they have access to greater resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount 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 | $16,207 | 11.7 years |
| 8 kW | $3.36 | $18,792 | $21,978 | 11.5 years |
| 10 kW | $3.29 | $23,030 | $27,932 | 11.3 years |
| 12 kW | $3.22 | $27,083 | $34,072 | 11.1 years |
| 14 kW | $3.16 | $30,952 | $40,395 | 10.8 years |
| 16 kW | $3.09 | $34,637 | $46,903 | 10.6 years |
| 18 kW | $3.03 | $38,138 | $53,595 | 10.4 years |
| 20 kW | $2.96 | $41,454 | $60,471 | 10.2 years |
How to Save on Solar Panels
There are a large number of companies available in La Verkin, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be challenging, so here are some tips to help you decide:
- Solar Panel Brands: Different companies offer different brands and kinds of panels. If you know you want a specific brand, make sure the solar panel company you’re considering has it.
- Reputation: Your solar installer should have a sound reputation as a company and have verifiable expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from previous customers.
- Installation Process: Make sure you’re on the same page with the installer in regard to how the installation process will go and what you need to do before your solar panels are installed, such as updating or replacing your electrical system or roof.
- Warranty: Many companies offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
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 La Verkin, UT Solar Cost FAQs
How much does it cost to install solar panels in La Verkin?
This is a tough question to answer precisely, because the cost depends on many 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 other solar equipment or higher quality panels, or if you have higher-than-average energy consumption. On the other hand, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
What other factors should I consider in addition to cost when buying solar panels?
Cost is definitely one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Is it worth going solar in La Verkin?
Solar panels can be a great investment for lots of homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your power bills are already reasonably low, solar panels might not be for you.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount 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.