Solar Panel Cost Guide in Moab, UT (2023 Update)
- Moab Solar Installation Cost: $11,778
- 25-Year Savings: $16,583
- Payback Period: 11.2 Years
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Updated October 25, 2023
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Average Cost of Solar Panels in Moab
Find out how much it might cost to install solar panels in Moab.
The national average cost of solar panels is $2.66 per watt, but in Moab it's 2.68 per watt.The average solar panel system size in Moab is around 5.1 kilowatts, meaning a cost of about $9,586 for a solar installation, or $13,708 before the 30% federal solar tax credit is applied.
These figures are only averages, and your own solar costs will differ based on your energy needs and what company you choose to go with.Even with the significant upfront cost, the average Moab homeowner can save about $19,000 on their energy bills over 20 years, which is one of the perks of solar.
To see your potential savings and connect with a local solar company, click the button below.
Solar savings over time in Moab
| Year | Return on Investment |
|---|---|
| 1 years | $-10,781 |
| 3 years | $-8,789 |
| 5 years | $-6,797 |
| 7 years | $-4,805 |
| 9 years | $-2,812 |
| 11 years | $-820 |
| 13 years | $1,172 |
| 15 years | $3,164 |
| 17 years | $5,156 |
| 19 years | $7,149 |
| 21 years | $9,141 |
| 23 years | $11,133 |
| 25 years | $13,125 |
Top Solar Installers in Moab
Although it's possible to install solar panels yourself, it takes extra effort and handiness. That's why most homeowners choose to hire a solar panel installer. Companies can also provide access to various kinds of the best solar panels and help you pick which one will be right for you.
If you're searching for a solar installer in Moab, 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
See all of the solar companies in Moab
Factors that Affect Solar Panel Costs in Moab
There are many factors that can determine your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
When it comes to estimating the cost of a solar energy system in Moab, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home's energy consumption, which you can figure out by looking at past power bills. Your total cost can increase by around $2,680 for each additional kilowatt you need.The brand of solar panels and equipment you want is another factor that will significantly impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more expensive. Plus, solar equipment is more than just the solar panels themselves. You'll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when looking for a solar system that's in your budget.
Solar Financing Terms
Solar panels can save you money on power bills over many years, but they can also be a big investment. That's why many Moab homeowners choose to finance their solar panel systems to make paying for solar more affordable.However, the interest on solar loans also increases your total costs, so it's important to consider that as well. You can always lower the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
Finally, the company you choose to install your solar system can play a role in determining how much it costs. Moab's solar companies all have different labor costs and add varying upcharges to equipment. You may see national solar installers that have lower prices because of their bigger brand name and access to bulk equipment prices, 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 | $16,341 | 11.7 years |
| 8 kW | $3.36 | $18,792 | $22,156 | 11.5 years |
| 10 kW | $3.29 | $23,030 | $28,156 | 11.2 years |
| 12 kW | $3.22 | $27,083 | $34,340 | 11.0 years |
| 14 kW | $3.16 | $30,952 | $40,708 | 10.8 years |
| 16 kW | $3.09 | $34,637 | $47,260 | 10.6 years |
| 18 kW | $3.03 | $38,138 | $53,997 | 10.3 years |
| 20 kW | $2.96 | $41,454 | $60,917 | 10.1 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since selecting a company can be a tough decision, we have some tips to help you, such as:
- Solar Panel Brands: Not all solar companies have the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you go with.
- Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to clarify any details you need to know with your solar company, such as what permits you should acquire and what the project timeline is.
- Contract: Even though reading through a contract can take a lot of time, it's important to do it carefully so you can be sure you understand how much the equipment and services will cost and the terms of the warranty.
- Reputation: Your solar installer should have a solid 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 that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from past customers.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Moab, UT Solar Cost FAQs
What is the average cost of installing solar panels in Moab?
This is a hard question to answer exactly, because the cost depends on a few different factors. Generally 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 other solar equipment or higher quality panels, or if you have above-average energy needs. Conversely, you can spend less if you want a smaller solar panel system or less expensive solar panels.
Can you get solar panels for free in Moab?
Solar panels aren't free in Moab, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Is switching to solar power worth it?
Whether or not solar panels are worth it depends on some different factors like local electricity rates and the amount of direct sunlight your roof gets.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy consumption 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 get 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.