Solar Panel Cost Guide in Pleasant Grove, UT (2023 Update)
- Pleasant Grove Solar Installation Cost: $9,771
- 25-Year Savings: $14,867
- Payback Period: 9.9 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Pleasant Grove
Here's how much it might cost to switch to solar power in Pleasant Grove.
Although the national average of solar panels is $2.66 per watt, solar panels in Pleasant Grove typically cost around 2.68. Since a 5.2-kW system is needed to cover the energy usage of a typical home in Pleasant Grove, the average price of going solar will be about $9,774 after claiming the federal solar tax credit of 30%.
The actual price you pay can be higher or lower than the average in Pleasant Grove depending on a variety of factors, such as the type of solar panels you choose and the solar contractor you hire. Despite the high initial cost, the average Pleasant Grove homeowner can save about $18,000 on their power bills over 20 years, which is one of the benefits of solar.
To get a free quote from a pre-vetted solar installation company in Pleasant Grove, you can click the button below.
Solar savings over time in Pleasant Grove
| Year | Return on Investment |
|---|---|
| 1 years | $-8,775 |
| 3 years | $-6,783 |
| 5 years | $-4,791 |
| 7 years | $-2,799 |
| 9 years | $-806 |
| 11 years | $1,186 |
| 13 years | $3,178 |
| 15 years | $5,170 |
| 17 years | $7,163 |
| 19 years | $9,155 |
| 21 years | $11,147 |
| 23 years | $13,139 |
| 25 years | $15,131 |
Top Solar Installers in Pleasant Grove
Although you can install solar panels on your own, it requires extra labor and handiness. Because of that, most homeowners choose a solar panel installer. Another good thing about choosing a top solar installer is that it'll likely provide warranties and free repairs, which help protect your solar system over time.
There are various licensed solar professionals that can help you install your solar system. 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 Pleasant Grove
Factors that Affect Solar Panel Costs in Pleasant Grove
For many Pleasant Grove homeowners, the decision to adopt solar energy rests on cost. However, the range of solar installation costs can be quite wide in Pleasant Grove, with typical prices between $20,000 to $40,000. There are several factors that significantly influence the price you'll pay, which we'll go over below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power generation require better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,680. The type 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. On the other hand, more efficient panels could save you more in the long run on your energy bills. Additionally, extra products, like solar batteries, can bump up your total well above the Pleasant Grove average.
Solar Financing Terms
If paying for a solar system in cash is too expensive, solar loans are a popular route because they lower your upfront costs and let you pay for your system over five to seven years on average. However, the interest on solar loans also adds to your overall costs, so it's important to take that into consideration as well. You can always bring down the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
The remaining significant cost factor you should keep in mind is the installer you choose. Given the massive popularity of sustainable energy solutions in Pleasant Grove, you'll have plenty of options to choose from, but each comes at different price points for labor and equipment. Larger national companies generally have lower costs, but some local companies keep up with them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or additional 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 | $16,676 | 10.3 years |
| 8 kW | $2.73 | $15,308 | $22,534 | 10.1 years |
| 10 kW | $2.68 | $18,760 | $28,543 | 9.9 years |
| 12 kW | $2.63 | $22,062 | $34,702 | 9.7 years |
| 14 kW | $2.57 | $25,213 | $41,011 | 9.5 years |
| 16 kW | $2.52 | $28,215 | $47,470 | 9.3 years |
| 18 kW | $2.47 | $31,067 | $54,079 | 9.1 years |
| 20 kW | $2.41 | $33,768 | $60,838 | 8.9 years |
How to Save on Solar Panels
The solar panel company you choose will impact not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should take into account, such as:
- Contract: It's important to read your solar installer's contract well to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system's energy production.
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, longevity and energy efficiency. They will come at different prices as well. The company you choose impacts which solar panel brands you have access to.
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to clarify any details you need to know with your solar installer, such as what permits you should acquire and what the project timeline is.
- Warranty: Warranties that cover panel repairs and maintenance over around 25 years are the gold standard in the business, and offering such a warranty is one sign of a good company.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Pleasant Grove, UT Solar Cost FAQs
What is the average cost of installing solar panels in Pleasant Grove?
The average cost of solar panels in Pleasant Grove 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 such as the kind of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Pleasant Grove?
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 get the most savings.
Can solar panels completely eradicate my power bills?
It is possible to erase your electricity bills with solar panels, but for most homeowners in Pleasant Grove, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you'll want to check with a local solar installer to see how many panels can fit on your roof.
How many solar panels do I need to power my home?
To figure out what solar panel system size you need, you need to know how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average household 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.