Solar Panel Cost Guide in Mount Pleasant, UT (2023 Update)
- Mount Pleasant Solar Installation Cost: $9,811
- 25-Year Savings: $16,365
- Payback Period: 9.4 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Mount Pleasant
We go over average solar pricing in Mount Pleasant.
The average cost of a solar system in Mount Pleasant is 2.68 per watt. To cover the typical energy needs of the average home in Mount Pleasant, most homeowners require a 5.2-kilowatt system. Using the figure above, a solar installation costs about $9,811, or $14,030 before the federal solar tax credit of 30% is applied.
These figures are only averages, and the cost of going solar for you may look different based on factors unique to your home and what company you go with. Many homeowners find adopting solar power is a sound investment. The average homeowner in Mount Pleasant can save about $19,000 on their electricity bills over 20 years.
Click the button below to get connected to a vetted solar company in Mount Pleasant for a personalized quote.
Solar savings over time in Mount Pleasant
| Year | Return on Investment |
|---|---|
| 1 years | $-8,764 |
| 3 years | $-6,670 |
| 5 years | $-4,576 |
| 7 years | $-2,482 |
| 9 years | $-388 |
| 11 years | $1,706 |
| 13 years | $3,800 |
| 15 years | $5,894 |
| 17 years | $7,989 |
| 19 years | $10,083 |
| 21 years | $12,177 |
| 23 years | $14,271 |
| 25 years | $16,365 |
Top Solar Installers in Mount Pleasant
Many homeowners decide to use a solar installer since trying to put up solar panels by yourself can be challenging. Another benefit of utilizing a solar installer is that they can help you maximize your ROI by bringing down your future costs of repairs and replacements due to warranties and informing you of local incentives you can take advantage of.
If you'd like to make the switch to solar but still aren't sure which solar company to go with, here are our recommendations for providers near you:
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 Mount Pleasant
Factors that Affect Solar Panel Costs in Mount Pleasant
For many Mount Pleasant homeowners, the decision to go solar depends on cost. However, the range of solar installation costs can be quite wide in Mount Pleasant, with typical prices between $20,000 to $40,000. There are a few factors that considerably influence the price you'll pay, which we'll go over below.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power generation need better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $2,680. Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Mount Pleasant, where sunlight is abundant, efficiency can quickly pay off. Also, if you have a small roof or you don't have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar companies in Mount Pleasant offer solar loans, which reduce your upfront costs of installing a solar system. However, the interest on solar loans also adds to your overall costs, so it's vital to include that in your estimate as well. You can always lower the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
A final factor to consider when trying to estimate the cost of solar for your home or business in Mount Pleasant is the company you get to install your solar panel system. Similar to choosing a company to renovate your kitchen, for example, there are plenty of solar installers that offer a range of services for different budgets. You may come across national solar installers that have lower prices due to their bigger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or specials 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 | $18,346 | 9.7 years |
| 8 kW | $2.73 | $15,308 | $24,762 | 9.6 years |
| 10 kW | $2.68 | $18,760 | $31,328 | 9.4 years |
| 12 kW | $2.63 | $22,062 | $38,043 | 9.2 years |
| 14 kW | $2.57 | $25,213 | $44,909 | 9.0 years |
| 16 kW | $2.52 | $28,215 | $51,925 | 8.8 years |
| 18 kW | $2.47 | $31,067 | $59,091 | 8.6 years |
| 20 kW | $2.41 | $33,768 | $66,407 | 8.4 years |
How to Save on Solar Panels
Since the type of solar panels and the installation company you choose has an impact on your costs and your system's durability and efficiency, it's important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- 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 expectations you should have about the project timeline.
- Reputation: Your solar installer should have a good 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 positive reviews from past customers.
- Warranty: Warranties that provide coverage for defective panels and repairs over a long period of time such as 25 years are the best you can get in the business, and offering such a warranty is one sign of a good company.
- Solar Panel Brands: Different companies offer different brands and kinds of panels. If you prefer a specific brand, make sure the solar installer you're considering has it.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Mount Pleasant, UT Solar Cost FAQs
What is the average cost of installing solar panels in Mount Pleasant?
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. You can expect to pay more if you want other solar equipment or more efficient panels, or if you have above-average energy needs. On the flip side, you can spend less if you want a smaller solar panel system or less efficient solar panels.
What other factors should I consider apart from cost when buying solar panels?
The upfront cost is a key 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 trump the cost. Other factors that are important to take into account are the quality and durability of your solar panels.
Can you sell solar power back to the grid in Mount Pleasant?
Most states have net metering programs of some kind. Through these, you can receive compensation for the extra power your system produces or or receive credits to put toward future energy bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
How many solar panels do I need to power my home?
To figure out how many solar panels you need, you need to know how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average home will need 20 to 35 panels.
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.