Solar Panel Cost Guide in Moab, UT (Mar 2023)
- Moab Solar Installation Cost: $9,586
- 25-Year Savings: $16,590
- Payback Period: 9.2 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Moab
Find out what the average cost of solar panel installation is in Moab.
The national average cost of solar panels is $2.66 per watt, but in Moab it's 2.68 per watt. To account for the typical energy usage of the average home in Moab, most homeowners require a 5.1-kilowatt system. Using the per-watt figure above, a solar installation costs about $9,586, or $13,708 before the federal solar tax credit of 30% is applied.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The true cost of going solar can vary based on several factors, such as what size system you need, your energy consumption and what installation company you go with. For most homeowners, the upfront investment in solar panels is worth paying. On average you could be looking at about $19,000 in savings on energy bills over 20 years.
You can click the button below to get connected with a pre-vetted solar company in Moab for a quote for your home.
Solar savings over time in Moab
| Year | Return on Investment |
|---|---|
| 1 years | $-8,539 |
| 3 years | $-6,445 |
| 5 years | $-4,351 |
| 7 years | $-2,257 |
| 9 years | $-163 |
| 11 years | $1,931 |
| 13 years | $4,025 |
| 15 years | $6,120 |
| 17 years | $8,214 |
| 19 years | $10,308 |
| 21 years | $12,402 |
| 23 years | $14,496 |
| 25 years | $16,590 |
Top Solar Installers in Moab
Many homeowners opt for a solar panel company since installing solar panels by yourself can be a lot of work. Also, companies with a high reputation that are more expensive upfront could actually save you money in the long run because of their warranties, repair services and expert design.
There are several licensed solar professionals that can take care of your solar installation project. 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 Moab
Factors that Affect Solar Panel Costs in Moab
The cost of installing a solar system in Moab can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The most significant one is your system size, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
The size of the solar panel system you need for your home, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by about $2,680. The type of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more in the long run on your power bills. Additionally, extra products, like solar batteries, can bring your total well above the Moab average.
Solar Financing Terms
Many homeowners find the average cost of solar in Moab to be prohibitively steep, even if the investment pays off over time. Fortunately, nearly every solar installer in the area provides financing options. Solar loans remarkably decrease upfront costs for most homeowners, but they also lead to paying more over time because of interest. However, the interest on solar loans also increases your all-in costs, so it's important to include that in your estimate as well. You can always reduce the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
The solar installer you select will affect your total cost to adopt solar power. Different companies will bill different amounts for the equipment and labor. You may see national solar installers that have lower prices because of their larger 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 | $2.79 | $11,706 | $19,005 | 9.5 years |
| 8 kW | $2.73 | $15,308 | $25,640 | 9.3 years |
| 10 kW | $2.68 | $18,760 | $32,426 | 9.2 years |
| 12 kW | $2.63 | $22,062 | $39,361 | 9.0 years |
| 14 kW | $2.57 | $25,213 | $46,447 | 8.8 years |
| 16 kW | $2.52 | $28,215 | $53,682 | 8.6 years |
| 18 kW | $2.47 | $31,067 | $61,068 | 8.4 years |
| 20 kW | $2.41 | $33,768 | $68,603 | 8.2 years |
How to Save on Solar Panels
There are many companies to choose from in Moab, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be difficult, so here are some tips to help you decide:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to install your solar system. Another way you can look into your installer's reputation is by reading reviews.
- Solar Panel Brands: Not all solar installers 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 opt for.
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the project timeline.
- Contract: It's important to look over your solar installer's contract carefully to understand what services they will provide, what the warranty covers and what you can expect about the project timeline.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
EcoWatch's Moab, UT Solar Cost FAQs
How much does it cost to install solar panels in Moab?
This is a difficult question to answer exactly, because the cost depends on a variety of 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 cost more if you want additional solar equipment or higher quality panels, or if you have above-average energy usage. On the flip side, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
Are solar panels free in Moab?
Solar panels aren't free in Moab, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Can solar panels eliminate my electricity bills?
It is possible to erase your electricity bills with solar panels, but for most homeowners throughout Moab, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you'll want to contact a local solar installer to see how many panels can fit on your roof.
How long do solar panels last in Moab?
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 higher 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.