Solar Panel Cost Guide in Mountain Green, UT (2023 Update)
- Mountain Green Solar Installation Cost: $9,568
- 25-Year Savings: $16,609
- Payback Period: 9.1 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Mountain Green
Here's how much it might cost to install solar panels in Mountain Green.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Mountain Green, the average cost of solar panels is 2.68 per watt. To cover the typical energy usage of the average home in Mountain Green, most homeowners require a 5.1-kilowatt system. Using the per-watt figure above, a solar installation costs around $9,568, or $13,682 before the federal solar tax credit of 30% is applied.
Keep in mind that the numbers above are only averages. The price you'll pay for solar will differ based on your household energy needs, the type of solar panels you want to get, your solar contractor and more. With typical savings of about $20,000 on utility bills over 20 years, many homeowners in Mountain Green find installing solar panels has a decent ROI.
Click the button below to get connected to a top solar panel company in your area for a personalized quote.
Solar savings over time in Mountain Green
Year | Return on Investment |
---|---|
1 years | $-8,521 |
3 years | $-6,426 |
5 years | $-4,332 |
7 years | $-2,238 |
9 years | $-144 |
11 years | $1,950 |
13 years | $4,044 |
15 years | $6,138 |
17 years | $8,232 |
19 years | $10,327 |
21 years | $12,421 |
23 years | $14,515 |
25 years | $16,609 |
Top Solar Installers in Mountain Green
Trying to put up solar panels yourself can be a difficult task, which is why hiring a solar installer is a good option for many homeowners. Also, companies with an outstanding reputation that cost more upfront could actually save you money in the long term due to their warranties, repair services and expert design.
You can work with a local solar installer to get a free quote on how much solar panels could cost for your home. Here are some in Mountain Green:
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 Mountain Green
Factors that Affect Solar Panel Costs in Mountain Green
Although the average cost of a solar system in Mountain Green is $9,568, your actual cost may differ. There are quite a few factors that can have a significant impact on the cost of a solar system installation. Below are some of the more important things to keep in mind.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. That's why it's important to accurately gauge the size of the solar energy system needed for your home by figuring out your typical energy use. The 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, add-on products, like solar batteries, can bring your total well above the Mountain Green average.
Solar Financing Terms
Solar panels can save you money on power bills over many years, but they can also be a significant investment. That's why many Mountain Green homeowners choose to finance their solar panel systems to make going solar more affordable. When considering your overall cost, you should also calculate the interest you'll pay if you go with a solar loan. Also, paying more on your down payment can lower the total interest paid over time.
Solar Panel Installation Company
A final factor to keep in mind when trying to figure out the cost of solar for your home or business in Mountain Green is the company you hire to install your solar system. Similar to choosing a company to renovate your kitchen, for instance, there's no shortage of solar installers that offer a range of services for different budgets. Larger national companies generally have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or extra services like electric car charger installation, they might be cheaper overall.
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 | $19,092 | 9.5 years |
8 kW | $2.73 | $15,308 | $25,756 | 9.3 years |
10 kW | $2.68 | $18,760 | $32,570 | 9.1 years |
12 kW | $2.63 | $22,062 | $39,534 | 9.0 years |
14 kW | $2.57 | $25,213 | $46,648 | 8.8 years |
16 kW | $2.52 | $28,215 | $53,913 | 8.6 years |
18 kW | $2.47 | $31,067 | $61,327 | 8.4 years |
20 kW | $2.41 | $33,768 | $68,892 | 8.2 years |
How to Save on Solar Panels
The solar panel company you go with will affect not only your total costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should take into account, including:
- Installation Process: Homeowners should make sure they understand how exactly the installation process will go, as well as important factors like the project completion timeline.
- Reputation: Your solar installer should have a sound reputation as a company and have verifiable expertise in the field. A couple of 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.
- Solar Panel Brands: Different companies will have various brands and types of panels. If you know you want a specific brand, make sure the solar panel company you're considering has it.
- Contract: Though reading through a contract can take a lot of time, it's important to do it fully so you can be sure you understand what services your solar company will provide and the terms of the warranty.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Mountain Green, UT Solar Cost FAQs
What is the average cost of installing solar panels in Mountain Green?
The average cost of solar panels in Mountain Green is about $13,400 for a 5-kW system and $26,800 for a 10-kW system before the ITC, but the actual cost will depend on certain factors like the kind of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Mountain Green?
You can't get solar panels for free in Mountain Green. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
Does Mountain Green have a net metering program?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just give you credit toward your future power bills.
How long do solar panels last in Mountain Green?
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 larger amount 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.