Solar Panel Cost Guide in Lindon, UT (Mar 2023)
- Lindon Solar Installation Cost: $9,774
- 25-Year Savings: $14,681
- Payback Period: 10.0 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Lindon
Find out how much it might cost to install solar panels in Lindon.
Although the national average of solar panels is $2.66 per watt, solar panels in Lindon typically cost about 2.68. Using this figure, a typical 5.2-kW system would cost about $9,774 before the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The actual cost of going solar can vary depending on several factors, such as how many panels you need, your energy consumption and what solar installer you go with. For most homeowners, the upfront investment in solar panels is worth paying. On average you could be looking at about $18,000 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 Lindon
| Year | Return on Investment |
|---|---|
| 1 years | $-8,796 |
| 3 years | $-6,839 |
| 5 years | $-4,883 |
| 7 years | $-2,926 |
| 9 years | $-970 |
| 11 years | $986 |
| 13 years | $2,943 |
| 15 years | $4,899 |
| 17 years | $6,856 |
| 19 years | $8,812 |
| 21 years | $10,768 |
| 23 years | $12,725 |
| 25 years | $14,681 |
Top Solar Installers in Lindon
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can be a headache. Hiring a solar company can make your switch to solar power much easier. Plus, if you aren't sure what type of solar panels and equipment you may need, a solar company can help you find the right equipment for you after a site survey and consultation.
You can work with a local solar installer to get a free estimate on the cost of solar panels for your home. Here are some in Lindon:
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 Lindon
Factors that Affect Solar Panel Costs in Lindon
While the average cost of a solar system in Lindon is $9,774, your actual cost may differ. There are several factors that can have a major impact on the cost of a solar panel installation. Below are some of the more important things to take into consideration.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power generation require better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,680. Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Lindon, where sunlight is abundant, efficiency can quickly pay off. Plus, if you have a small roof or you don't have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar installers in Lindon provide solar loans, which reduce the initial cost of installing a solar system. Even though solar loans make going solar more accessible for Lindon homeowners, they can also raise the total you pay for your system due to interest. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
Lastly, the company you get to install your solar system can influence the cost. Lindon's solar companies all have different labor costs and add varying upcharges to equipment. Some companies only sell products with high efficiency and therefore a higher price point — 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 find a company that offers the products, warranties and services you're looking for and also fit into 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 | $16,464 | 10.4 years |
| 8 kW | $2.73 | $15,308 | $22,252 | 10.2 years |
| 10 kW | $2.68 | $18,760 | $28,191 | 10.0 years |
| 12 kW | $2.63 | $22,062 | $34,279 | 9.8 years |
| 14 kW | $2.57 | $25,213 | $40,517 | 9.6 years |
| 16 kW | $2.52 | $28,215 | $46,906 | 9.4 years |
| 18 kW | $2.47 | $31,067 | $53,445 | 9.2 years |
| 20 kW | $2.41 | $33,768 | $60,133 | 9.0 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since picking a company can be a tough decision, we have some tips to help you, such as:
- Warranty: A high-quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Installation Process: Get details from your solar installer about the installation process and what to expect, such as when the site survey will be completed and what the project timeline is.
- Contract: Look through the contract terms closely to make sure you understand how much it will cost, project timeline rebates and warranties.
- Solar Panel Brands: Each solar panel brand and kind has varying levels of quality, longevity and energy efficiency. They will come at different price points as well. The company you choose affects which solar panel brands you have access to.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
EcoWatch's Lindon, UT Solar Cost FAQs
What is the average cost of installing solar panels in Lindon?
The average cost of solar panels in Lindon is about $13,400 for a 5-kW system and $26,800 for a 10-kW system before the ITC, but the real cost will depend on stuff like the kind of solar panels you want, what size system you need and how much energy you consume.
Is it better to lease or buy solar panels in Lindon?
Leasing solar panels can be an option if you are unable to pay upfront or get a solar loan, but since you don't own the system, you can't take advantage of many solar incentives. Also your property value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most financial benefits from going solar.
Can you sell solar power back to the grid in Lindon?
Most states have net metering programs of some kind. Through these, you can be compensated for the extra power your system produces or or receive credits to put toward future electricity bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and how much 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 account for 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.