Solar Panel Cost Guide in Moab, UT (Sep 2022)

  • Moab Solar Installation Cost: $9,586
  • 25-Year Savings: $16,590
  • Payback Period: 9.2 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 9/16/2022

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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 $3 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 $7,094 after 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 National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Outstanding Local Installer

ES Solar

★★★★★
4.5

  • 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

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 Size

The size of the solar panel system you need for your household is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $2,680. The brand and kind of equipment you choose for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these are often more expensive 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 extra equipment like an electric vehicle charger or solar batteries, this will also raise the cost.

Solar Financing Terms

If paying for a solar system out of pocket is too expensive, solar loans are a popular option because they lower your upfront costs and let you pay for your system over a term of, on average, between five and seven years. However, the interest on solar loans also increases your all-in costs, so it's crucial to keep that in mind as well. You can always reduce the total you pay in interest and possibly even your APR by making a larger down payment.

Solar Panel Installation Company

The final key cost factor you should keep in mind is the installer you choose. Given the massive popularity of sustainable energy solutions in Moab, you'll have many options to choose from, but each comes at various price points for labor and equipment. Additionally, some companies in Moab know more about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save more money in the long run.

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

Solar Incentives in Moab

Name Renewable Energy Systems Tax Credit (Corporate)
Website Visit here
More Info Click here

Name Renewable Energy Systems Tax Credit (Personal)
Website Visit here
More Info Click here

Name Rocky Mountain Power - wattsmart Residential Efficiency Program
Website Visit here
More Info Click here

Name Residential Renewable Energy Tax Credit
Website Visit here
More Info Click here

How to Save on Solar Panels

There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you pick the right company for you, here are some tips to keep in mind:

  • Solar Panel Brands: Not all solar companies offer 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.
  • Contract: When reading through your solar installer's contract, ask for clarification about any terms you're not sure of and be sure you understand what happens in scenarios such as a system part breaking or the company going out of business.
  • Reputation: Your solar installer should have a solid reputation as a company and have proven expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from past customers.
  • Installation Process: Homeowners should make sure they know how exactly the installation process will be carried out, as well as important factors like the project timeline.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Outstanding Local Installer

ES Solar

★★★★★
4.5

  • 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

How much does it cost to install solar panels in Moab?

The average cost of solar panels in Moab 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 things like the kind of solar panels you want, what size system you need and how much energy you use.

Is cost the most important consideration when buying solar panels?

Cost is without a doubt one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.

How will solar panels impact the value of my home?

Solar panels can increase your property's value significantly as long as you buy or finance your panels and don't go for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."

How often do you have to replace solar panels?

On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down 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.

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