Solar Panel Cost Guide in Provo, UT (2023 Update)

  • Provo Solar Installation Cost: $9,771
  • 25-Year Savings: $14,346
  • Payback Period: 10.1 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated September 15, 2023

Why you can trust EcoWatch

We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Provo

Let's have a look at the average cost of solar panels in Provo.

While the national average of solar panels is $2.66 per watt, solar panels in Provo typically cost around 2.68. Since a 5.2-kW system is needed to cover the energy costs of a typical home in Provo, the average price of going solar will be about $9,774 after claiming the federal solar tax credit of 30%.

Remember that the numbers above are only averages. The price you'll pay for solar may look quite different based on your household energy use, the type of equipment you want, your solar contractor and more. For many homeowners, the upfront investment in solar power is worth paying. On average Provo homeowners see about $18,000 in savings on utility bills over 20 years.

To see your potential ROI and connect with a local solar company, click the button below.

Solar savings over time in Provo

Year Return on Investment
1 years $-8,757
3 years $-6,727
5 years $-4,698
7 years $-2,668
9 years $-639
11 years $1,391
13 years $3,420
15 years $5,450
17 years $7,479
19 years $9,509
21 years $11,538
23 years $13,568
25 years $15,597

Top Solar Installers in Provo

Many homeowners opt for a solar panel installer since installing solar panels yourself can be challenging. Plus, warranties and repairs from your solar panel company can protect your investment and reduce the cost of maintenance over the lifespan of your panels.

If you're on the hunt for a solar installer in Provo, we've organized a list of our top suggestions here:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Outstanding Local Installer

ES Solar

★★★★★
4.5

  • Representatives are experts on local policies
  • Lifetime workmanship warranty
  • Outstanding customer service
  • No leases or PPAs
  • Energy audits only available 12 months after installation

See all of the solar companies in Provo

Factors that Affect Solar Panel Costs in Provo

For many Provo homeowners, the decision to install solar panels rests on cost. However, the range of solar installation costs can be quite wide in Provo, with typical prices between $20,000 to $40,000. There are various factors that considerably influence the price you'll pay, which we'll go over below.

Solar Equipment

One of the most important factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household consumes, the larger your system will likely need to be. You can expect to pay about $2,680 per kilowatt in Provo. The brand and type of equipment you want for your solar system can increase or decrease the price quite significantly. If you prefer a 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 limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Also, if you want extra equipment like an electric vehicle charger or solar batteries, this will also raise the cost.

Solar Financing Terms

For some homeowners, paying for solar panels out of pocket can be a challenge. Solar loans are available from most installers in Provo, which can lower, or in some cases totally eliminate, your upfront costs to make solar more affordable. Even though solar loans make switching to solar energy more accessible for Provo homeowners, they can also increase the total you pay for your system, depending on your interest rate. 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

A final factor to consider when trying to figure out the cost of solar for your home or business in Provo is the company you get to install your PV system. As with choosing a company to renovate your kitchen, for instance, you'll have many options for solar installers that provide a range of services at different price points. Additionally, some companies in Provo have more knowledge about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save more money in the long run.

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 $16,076 10.5 years
8 kW $2.73 $15,308 $21,734 10.3 years
10 kW $2.68 $18,760 $27,543 10.1 years
12 kW $2.63 $22,062 $33,502 9.9 years
14 kW $2.57 $25,213 $39,611 9.7 years
16 kW $2.52 $28,215 $45,870 9.5 years
18 kW $2.47 $31,067 $52,279 9.3 years
20 kW $2.41 $33,768 $58,838 9.1 years

How to Save on Solar Panels

The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because choosing a company can be difficult, we have some tips to help you, such as:

  • Contract: When reading over your solar installer's contract, ask for clarification about any terms you're not sure of and be sure you understand what happens in scenarios such as a system component breaking or the company going out of business.
  • Warranty: A comprehensive, 25-year warranty can help keep your solar panel system running smoothly and save you money on repairs and maintenance.
  • Solar Panel Brands: The kind of solar panel you need to install plays a role in which installer you should go with, since different companies offer different panels.
  • Installation Process: Get details from your solar company about the installation process and what to expect, such as when the site survey will be done and what the project timeline is.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Outstanding Local Installer

ES Solar

★★★★★
4.5

  • Representatives are experts on local policies
  • Lifetime workmanship warranty
  • Outstanding customer service
  • No leases or PPAs
  • Energy audits only available 12 months after installation

EcoWatch's Provo, UT Solar Cost FAQs

How much does it cost to install solar panels in Provo?

This is a difficult question to answer precisely, because the cost depends on a variety of factors. Generally speaking, it costs about $13,400 for a 5-kW system and $26,800 for a 10-kW system after the ITC is applied. You can expect to pay more if you want additional solar equipment or higher quality panels, or if you have higher-than-average energy usage. On the other hand, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.

Is it better to lease or buy solar panels in Provo?

Leasing solar panels can be an attractive 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 way to go if you want to get the most savings.

How much can I save on energy bills after switching to solar?

It is possible to eliminate your electricity bills with solar panels, but for most homeowners throughout Provo, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you'll want to contact a local solar installer to see how many panels can fit on your roof.

How many solar panels should I get to power my home?

To figure out how many solar panels you need, you need to know how much energy your home uses 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 home 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.

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