Solar Panel Cost Guide in North Ogden, UT (2023 Update)
- North Ogden Solar Installation Cost: $9,736
- 25-Year Savings: $16,440
- Payback Period: 9.3 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in North Ogden
Let's have a look at the average cost of solar in North Ogden.
The average cost of solar panels in North Ogden is 2.68 per watt. To cover the typical energy needs of the average home in North Ogden, most homeowners require a 5.2-kilowatt system. Using the per-watt figure above, a solar installation costs about $9,736, or $13,922 before the federal solar tax credit of 30% is applied.
How much you pay can be higher or lower than the average in North Ogden depending on a variety of factors, such as the type of solar panels you choose and the solar company you hire. With average savings of about $19,000 on utility bills over 20 years, many homeowners in North Ogden find installing solar panels can be quite rewarding.
To calculate your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in North Ogden
| Year | Return on Investment |
|---|---|
| 1 years | $-8,689 |
| 3 years | $-6,595 |
| 5 years | $-4,501 |
| 7 years | $-2,407 |
| 9 years | $-313 |
| 11 years | $1,781 |
| 13 years | $3,875 |
| 15 years | $5,969 |
| 17 years | $8,064 |
| 19 years | $10,158 |
| 21 years | $12,252 |
| 23 years | $14,346 |
| 25 years | $16,440 |
Top Solar Installers in North Ogden
Although you can install solar panels by yourself, it takes extra energy and expertise. That's why almost all homeowners choose to hire a solar panel installer. Companies can also offer access to quality options of the best solar panels and help you pick which one will be right for you.
If you'd like to make the switch to solar but still aren't certain which solar installer to go with, here are our suggestions 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 North Ogden
Factors that Affect Solar Panel Costs in North Ogden
While the average cost of a solar system in North Ogden is $9,736, your final cost may be higher or lower than that. There are several factors that can have a sizable impact on the cost of a solar system installation. Below are some of the more crucial things to consider.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more power your household uses, the larger your system will likely need to be. You can expect to pay around $2,680 per kilowatt in North Ogden. The type of solar panels and equipment you want is another factor that will largely impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Furthermore, solar equipment is more than just the solar panels themselves. You'll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when researching a solar system that's in your budget.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be difficult. Solar loans are provided by most installers in North Ogden, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more accessible. You'll have to consider the long-term cost of financing options, including the amount of interest you'll pay over the length of the loan. If you're only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or getting a solar loan with a low interest rate could reduce your costs considerably.
Solar Panel Installation Company
The solar installer you choose will affect your total cost to make the switch to solar . Different companies will charge different amounts for the equipment and labor. You may come across national solar installers that have lower prices because of their bigger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or specials to compete with those major players.
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 | $18,583 | 9.7 years |
| 8 kW | $2.73 | $15,308 | $25,078 | 9.5 years |
| 10 kW | $2.68 | $18,760 | $31,722 | 9.3 years |
| 12 kW | $2.63 | $22,062 | $38,517 | 9.1 years |
| 14 kW | $2.57 | $25,213 | $45,461 | 8.9 years |
| 16 kW | $2.52 | $28,215 | $52,556 | 8.7 years |
| 18 kW | $2.47 | $31,067 | $59,801 | 8.5 years |
| 20 kW | $2.41 | $33,768 | $67,196 | 8.4 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since picking a company can be a tough decision, we have some tips to help you, such as:
- Contract: Although reading through a contract can be tedious, it's important to do it thoroughly so you can make sure you understand what services your solar company will provide and the terms of the warranty.
- Solar Panel Brands: The kind of solar panel you need plays a part in which company you should choose, since different companies offer different panels.
- Installation Process: When making the switch to solar energy, it's important to keep an open line of communication with your solar panel installer. Make sure you understand how the installation process works and the completion timeline.
- Reputation: Make sure your solar panel installer has a good reputation by confirming it has certifications and licenses, checking its number of years in business and reading reviews by past customers and solar experts like EcoWatch.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's North Ogden, UT Solar Cost FAQs
How much does it cost to install solar panels in North Ogden?
This is a tough 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 be more expensive if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy needs. Conversely, you can spend less if you want a smaller solar panel system or less efficient solar panels.
Can you get solar panels for free in North Ogden?
A solar panel system isn't free in North Ogden, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
How will having solar panels impact my home value?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in North Ogden is currently $229,453, which means you could be looking at a value of about $9,408 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in North Ogden is a rewarding investment.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is 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.