Solar Panel Cost Guide in Moab, UT (2024 Update)
- Moab Solar Installation Cost: $11,778
- 25-Year Savings: $16,583
- Payback Period: 11.2 Years
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Average Cost of Solar Panels in Moab
See how much it might cost to go solar in Moab.
The average cost of solar panels in Moab is 3 per watt.Because a 5.1-kW system is needed to cover the energy consumption of a typical home in Moab, the average price of going solar will be about $11,778 after claiming the federal solar tax credit of 0.
Keep in mind that the figures above are only estimates based on the average energy use of Moab homeowners. The price of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor.Despite the large upfront cost, the average Moab homeowner can save about $19,000 on their electricity bills over 20 years, which is one of the benefits of solar.
Click the button below to get connected to a vetted solar panel company in your area for a personalized estimate.
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
Many homeowners opt for a solar panel installer since installing solar panels by yourself can be time-consuming. The payback period of solar panels will vary based on factors like your location and energy use, but working with a solar installer can shorten it. Your provider will be able to help you identify incentives available in your area.
You can get a free estimate from a local solar installer on the cost of solar panels for your home. Here are some nearby:
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 Moab
Factors that Affect Solar Panel Costs in Moab
Although the average cost of a solar system in Moab is $11,778, your final cost may be above or below the average. There are quite a few factors that can have a major impact on the cost of a solar system installation. Below are some of the more crucial things to take into consideration.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a variety of 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 use 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 $3,290.The brand and kind of equipment you want for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often come at a higher price 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 will be looking at a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be financially overwhelming. Solar loans are offered by most installers in Moab, which can reduce, or in some cases eliminate, your upfront costs to make solar more affordable.Even though solar loans make switching to solar energy more accessible for Moab homeowners, they can also add to the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar panel installation company you choose will influence your total cost to go solar. Different companies will bill different amounts for the equipment and labor.The size of the company sometimes plays the most significant role in the cost. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have access to more 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 promotion 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 | $16,341 | 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
There are a large number of companies to choose from in Moab, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, so here are some tips to help you decide:
- Solar Panel Brands: The model of solar panel you need to get plays a role in which company you should choose, since different companies provide different panels.
- Contract: Before you sign a contract with a solar company, be sure to read it through fully so you understand the terms. Also, ask questions if you’re not certain about some of the terms, such as what to do if a part breaks or malfunctions and if there are any guarantees about energy production.
- Installation Process: Get detailed information from your solar company about the installation process and what to expect, including when the site survey will be completed and what the project timeline is.
- Warranty: Warranties that provide coverage for defective panels and repairs over a couple decades are the best you can get in the business, and offering such a warranty is one indication of a quality company.
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 Moab, UT Solar Cost FAQs
What is the average cost of installing solar panels in Moab?
The average cost of solar panels in Moab is about $16,450 for a 5-kW system and $32,900 for a 10-kW system before the ITC, but the real cost will depend on stuff like the model of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important consideration when buying solar panels?
Cost is a very important factor to consider, but whether it’s the most important for you depends on your goals for going solar. In areas where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.
Do solar panels increase your home value?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Moab is currently $565,568, so you can expect a value of about $23,188 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Moab is a fruitful investment.
How long do solar panels last in Moab?
On average, solar panels can last 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 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.