Solar Panel Cost Guide in Park City, UT (2025 Update)
- Park City Solar Installation Cost: $11,889
- 25-Year Savings: $16,492
- Payback Period: 11.4 Years
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Average Cost of Solar Panels in Park City
We go over average solar pricing in Park City.
In Park City, solar panels cost about 3 per watt on average.Using this figure, a typical 5.2-kW system would cost about $11,889 before the 0 federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you’ll pay for solar may look quite different based on your household energy consumption, the type of solar system you want, your solar contractor and more.But, once you've paid the upfront cost of installation, the savings for most homeowners is quite rewarding, with a net average savings of about $19,000 over 20 years on utility bills.
To get a free quote from a pre-vetted solar installer in Park City, you can click the button below.
Solar savings over time in Park City
| Year | Return on Investment |
|---|---|
| 1 years | $-10,893 |
| 3 years | $-8,900 |
| 5 years | $-6,908 |
| 7 years | $-4,916 |
| 9 years | $-2,924 |
| 11 years | $-931 |
| 13 years | $1,061 |
| 15 years | $3,053 |
| 17 years | $5,045 |
| 19 years | $7,038 |
| 21 years | $9,030 |
| 23 years | $11,022 |
| 25 years | $13,014 |
Top Solar Installers in Park City
Many homeowners opt for a solar installation company since trying to put up solar panels on your own can be challenging. The expertise that solar installers provide can be invaluable as well, particularly if you don’t quite know what brand of solar equipment you need.
Working with a licensed solar company can help your solar project go smoothly. Here are our recommendations:
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 Park City
Factors that Affect Solar Panel Costs in Park City
There are several criteria that can affect your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. That’s why 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 kind of solar equipment you choose can increase or decrease your cost 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, higher efficiency could save you more over time on your electric bills. In addition, add-on products, like solar batteries, can bring your total well above the Park City average.
Solar Financing Terms
Most solar installers in Park City provide solar loans, which reduce your upfront costs of installing a solar system.When estimating your overall cost, you should also calculate the interest you’ll pay if you choose to go with a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
Lastly, the company you hire to install your solar panels can influence how much you pay. Park City’s solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies usually have lower costs, but some local companies compete with them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or add-on services like electric vehicle 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 | $3.42 | $14,371 | $16,054 | 11.8 years |
| 8 kW | $3.36 | $18,792 | $21,773 | 11.6 years |
| 10 kW | $3.29 | $23,030 | $27,677 | 11.4 years |
| 12 kW | $3.22 | $27,083 | $33,765 | 11.1 years |
| 14 kW | $3.16 | $30,952 | $40,038 | 10.9 years |
| 16 kW | $3.09 | $34,637 | $46,494 | 10.7 years |
| 18 kW | $3.03 | $38,138 | $53,135 | 10.4 years |
| 20 kW | $2.96 | $41,454 | $59,960 | 10.2 years |
How to Save on Solar Panels
Since the kind of solar panels and the 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:
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, including when the site survey will be completed and what the project timeline is.
- Contract: Before you sign a contract with a solar installer, make sure to read it through fully so you understand the terms. Also, ask questions if you aren’t sure about some of the terms, such as what to do if a part breaks or malfunctions and if there are any guarantees about energy production.
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, durability and efficiency. They will come at different costs as well. The company you choose impacts which solar panel brands you have access to.
- Warranty: A comprehensive, long-term warranty can help keep your solar panels running for years to come and save you money on part replacement and repairs.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Park City, UT Solar Cost FAQs
How much does it cost to install solar panels in Park City?
The average cost of solar panels in Park City is about $16,450 for a 5-kW system and $32,900 for a 10-kW system before the ITC, but the real cost will depend on stuff such as the type 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 a crucial factor to consider, but whether it’s the most important for you depends on your goals for going solar. In places where rooftop space is limited, efficiency can trump the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.
Can you sell solar power back to the grid in Park City?
The majority of states offer net metering programs of some kind. Through these, you can be compensated for the extra power your system generates 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 long do solar panels last in Park City?
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.