Solar Panel Cost Guide in Mapleton, UT (Mar 2023)
- Mapleton Solar Installation Cost: $9,774
- 25-Year Savings: $13,987
- Payback Period: 10.3 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Mapleton
Let's take a look at the average cost of solar panels in Mapleton.
The national average cost of solar panels is $2.66 per watt, but in Mapleton it's 2.68 per watt. Using this figure, a typical 5.2-kW system would cost about $9,774 before the 30% federal solar tax credit is applied.
Remember that the numbers above are only averages. The price you'll end up paying for solar may vary based on your household energy use, the type of equipment you want, your solar contractor and more. Many homeowners find adopting solar power is a solid investment. The average homeowner in Mapleton can save about $17,000 on their electricity bills over 20 years.
Click the button below to get connected to a highly rated solar installer in Mapleton for a customized quote.
Solar savings over time in Mapleton
| Year | Return on Investment |
|---|---|
| 1 years | $-8,824 |
| 3 years | $-6,923 |
| 5 years | $-5,022 |
| 7 years | $-3,121 |
| 9 years | $-1,220 |
| 11 years | $681 |
| 13 years | $2,582 |
| 15 years | $4,482 |
| 17 years | $6,383 |
| 19 years | $8,284 |
| 21 years | $10,185 |
| 23 years | $12,086 |
| 25 years | $13,987 |
Top Solar Installers in Mapleton
When switching to solar energy, many homeowners choose to hire a solar company since putting up a solar system yourself can be a difficult project. Another great thing about going with a vetted solar installer is that it'll usually provide warranties and free repairs, which help protect your solar system over time.
There are a number of licensed solar professionals that can help you install your solar system. Here are our suggestions:
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 Mapleton
Factors that Affect Solar Panel Costs in Mapleton
Although the average cost of a solar system in Mapleton is $9,774, your final cost may be higher or lower than that. There are several factors that can have a sizable impact on the cost of a solar panel installation. Below are some of the more crucial things to consider.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power generation need 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. There are many different solar panel brands and the one you choose also affects the cost. In many cases, the brands that have better efficiency tend to also cost more. In addition, the type of equipment you choose can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be challenging. Solar loans are offered by most installers in Mapleton, which can lower, or in some cases completely eliminate, your upfront costs to make solar more affordable. However, the interest on solar loans also adds to your all-in costs, so it's important to keep that in mind as well. You can always bring down the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
Finally, the company you hire to install your solar panel system can influence the cost. Mapleton's solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies generally have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or add-on 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 | $2.79 | $11,706 | $15,664 | 10.7 years |
| 8 kW | $2.73 | $15,308 | $21,185 | 10.5 years |
| 10 kW | $2.68 | $18,760 | $26,857 | 10.3 years |
| 12 kW | $2.63 | $22,062 | $32,679 | 10.1 years |
| 14 kW | $2.57 | $25,213 | $38,650 | 9.9 years |
| 16 kW | $2.52 | $28,215 | $44,772 | 9.7 years |
| 18 kW | $2.47 | $31,067 | $51,044 | 9.5 years |
| 20 kW | $2.41 | $33,768 | $57,466 | 9.3 years |
How to Save on Solar Panels
Since the type of solar panels and the company you choose significantly influences your costs and your system's efficiency, production, and durability, it's important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you choose.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to install your solar system. Another way you can research your installer's reputation is by reading reviews.
- Installation Process: Make sure you're aligned with the company with regard to how the installation process will go and what you need to do before your solar panel system is installed, such as repairing your electrical system or roof.
- Contract: Even though reading through a contract can take a lot of time, it's important to do it thoroughly so you can be sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
EcoWatch's Mapleton, UT Solar Cost FAQs
How much does it cost to install solar panels in Mapleton?
This is a tough question to answer exactly, because the cost depends on many 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 extra solar equipment or more efficient panels, or if you have above-average energy consumption. On the other hand, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
Should I lease or buy solar panels in Mapleton?
Leasing solar panels can be an option if you can't pay upfront or secure a solar loan, but since you don't own the system, you can't take advantage of many solar incentives. Also your home 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 Mapleton?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just give you credit toward your future energy bills.
How long do solar panels last in Mapleton?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is their energy production will have decreased significantly after that point. You can decide to replace them after having them for that long or you can keep using them at a lower efficiency.
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.