Solar Panel Cost Guide in North Ogden, UT (2024 Update)
- North Ogden Solar Installation Cost: $11,942
- 25-Year Savings: $12,961
- Payback Period: 11.4 Years
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Average Cost of Solar Panels in North Ogden
Here’s how much it might cost to go solar in North Ogden.
In North Ogden, solar panels cost about 3 per watt on average.To account for the typical energy needs of the average home in North Ogden, most homeowners require a 5.2-kilowatt system. Using the figure above, a solar installation costs about $11,942, or $17,077 before the federal solar tax credit of 0 is applied.
The actual price you pay can be above or below the average in North Ogden depending on a few factors, such as the kind of solar panels you choose and the solar installer you hire.For most homeowners, the upfront cost of solar power is worth paying. On average homeowners in North Ogden see about $19,000 in savings on energy bills over 20 years.
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Solar savings over time in North Ogden
| Year | Return on Investment |
|---|---|
| 1 years | $-10,946 |
| 3 years | $-8,953 |
| 5 years | $-6,961 |
| 7 years | $-4,969 |
| 9 years | $-2,977 |
| 11 years | $-984 |
| 13 years | $1,008 |
| 15 years | $3,000 |
| 17 years | $4,992 |
| 19 years | $6,985 |
| 21 years | $8,977 |
| 23 years | $10,969 |
| 25 years | $12,961 |
Top Solar Installers in North Ogden
Installing solar panels by yourself can be a stressful project, which is why hiring a solar installation company is a good option for many homeowners. Another advantage of going with a solar installer is that they can help you optimize your ROI by bringing down your future costs of repairs and replacements because of warranties and giving you information on local incentives you can take advantage of.
There are a number of licensed solar professionals that can install solar panels for you. Here are our suggestions:
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
For many North Ogden homeowners, the decision to install solar panels rests on cost. However, the range of solar installation costs can be quite wide in North Ogden, with typical prices between $20,000 to $40,000. There are numerous factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. For that reason, it’s crucial to accurately ascertain the size of the solar energy system needed for your home by figuring out your typical energy use.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 often have a higher price tag than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof 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 add-ons like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Solar panels can save you money on utility bills over many years, but they can also be a big investment. That’s why many North Ogden homeowners choose to finance their solar panel systems to make going solar more affordable.Although solar loans make adopting solar energy more accessible for North Ogden homeowners, they can also raise the total you pay for your system due to interest. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The solar installer you opt for to handle your switch to green energy can have an effect on your total costs. There are about 3 solar installation companies operating throughout North Ogden, and each can charge varying amounts for labor and equipment.The size of the company can sometimes play the most significant role in your costs. Larger national companies, like SunPro and Sunrun, often have lower prices because they have access to greater resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger names.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.42 | $14,371 | $15,919 | 11.9 years |
| 8 kW | $3.36 | $18,792 | $21,593 | 11.6 years |
| 10 kW | $3.29 | $23,030 | $27,452 | 11.4 years |
| 12 kW | $3.22 | $27,083 | $33,495 | 11.2 years |
| 14 kW | $3.16 | $30,952 | $39,723 | 10.9 years |
| 16 kW | $3.09 | $34,637 | $46,134 | 10.7 years |
| 18 kW | $3.03 | $38,138 | $52,730 | 10.5 years |
| 20 kW | $2.96 | $41,454 | $59,510 | 10.3 years |
How to Save on Solar Panels
Since the brand of solar panels and the company you choose significantly influences your costs and your system’s efficiency, production, and durability, 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 read your solar installer’s contract fully to understand what services they will provide, what the warranty covers and what expectations you should have about the cost.
- Warranty: Companies typically offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you hire.
- Installation Process: Make sure you’re on the same page with the company with regard to how the installation process will go and what needs to be done before your solar panels are installed, such as repairing your electrical system or roof.
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
What is the average cost of installing solar panels in North Ogden?
This is a tough question to answer precisely, because the cost depends on a few different factors. Generally speaking, it costs about $16,450 for a 5-kW system and $32,900 for a 10-kW system after the ITC is applied. It will be more expensive if you want extra solar equipment or more efficient panels, or if you have above-average energy consumption. On the other hand, you can spend less if you want a smaller solar panel system or cheaper solar panels.
Should I lease or buy solar panels in North Ogden?
Leasing solar panels can be an appealing choice, because it often comes with low or $0 upfront payments. The drawback is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any incentives and your home value won’t increase. Buying solar panels is a better option if you want to maximize your savings.
Can you sell solar power back to the grid in North Ogden?
Most states offer 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 utility bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How often do you have to replace solar panels?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is their energy production will have decreased significantly after that point. You can choose to replace them once you've had them for that long or you can continue to use them at a lower efficiency.
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.