Solar Panel Cost Guide in Riverdale, UT (2024 Update)

  • Riverdale Solar Installation Cost: $11,942
  • 25-Year Savings: $16,449
  • Payback Period: 11.4 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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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 Riverdale

See how much it might cost to install solar panels in Riverdale.

The national average cost of solar panels is $2.66 per watt, but in Riverdale it’s 3 per watt.Using this figure, a typical 5.2-kW system would cost about $11,942 before the 0 federal solar tax credit is applied.

Bear in mind that the figures above are only estimates based on the average Riverdale homeowner. The price of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.For many homeowners, the upfront cost of solar is worth paying. On average homeowners in Riverdale see about $19,000 in savings on electricity bills over 20 years.

Click the button below to get connected to a vetted solar panel company in Riverdale for a personalized estimate.

Solar savings over time in Riverdale

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 Riverdale

Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can use up a lot of your time and energy. Hiring an installer can make swapping over to solar power much easier. The expertise that solar companies offer can be useful as well, especially if you aren’t sure what kind of solar equipment you need.

There are several licensed solar professionals that can take care of your solar installation project. Here are our suggestions:

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

Solar Veteran

Creative Energies

★★★★★
4.5

  • Certified B Corp
  • Outstanding customer service
  • Many years of experience
  • Multitude of products and services
  • No leases or PPAs
  • Slightly expensive

See all of the solar companies in Riverdale

Factors that Affect Solar Panel Costs in Riverdale

While the average cost of a solar system in Riverdale is $11,942, your final cost may be above or below the average. There are several factors that can have a significant impact on the cost of a solar system installation. Below are some of the more important things to keep in mind.

Solar Equipment

Solar system size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. That’s why it’s important to accurately ascertain the size of the solar energy system needed for your home by figuring out your average 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, more efficient panels could save you more in the long run on your power bills. In addition, add-on products, like solar batteries, can bump up your total well above the Riverdale average.

Solar Financing Terms

Solar panels can save you money on power bills over time, but they can also be a significant investment. That’s why many Riverdale homeowners decide to finance their solar panel systems to offset upfront costs.Even though solar loans make going solar more accessible for Riverdale homeowners, they can also add to the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can avoid paying as much in interest.

Solar Panel Installation Company

The last significant cost factor you should consider is the installer you choose. Given the massive popularity of sustainable energy solutions in Riverdale, you’ll have many 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 offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or additional 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 $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

The solar panel company you go with will be a major factor in determining not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should keep in mind, such as:

  • Contract: It’s important to look over your solar installer’s contract closely to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system’s energy production.
  • Warranty: If you’re concerned about the durability of your solar panels, ensuring your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
  • Solar Panel Brands: The type of solar panel you’d like to get plays a part in which installer you should choose, since different companies provide different panels.
  • Installation Process: Make sure you’re on the same page with the installer regarding how the installation process will go and what needs to be done before your solar panels are installed, such as updating your electrical system or roof.

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

Solar Veteran

Creative Energies

★★★★★
4.5

  • Certified B Corp
  • Outstanding customer service
  • Many years of experience
  • Multitude of products and services
  • No leases or PPAs
  • Slightly expensive

EcoWatch's Riverdale, UT Solar Cost FAQs

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

This is a tough question to answer exactly, 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 other solar equipment or higher quality panels, or if you have above-average energy needs. Conversely, you can spend less if you choose a smaller solar panel system or less expensive solar panels.

Are solar panels free in Riverdale?

A solar panel system isn’t free in Riverdale, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.

Do solar panels increase your property value?

Solar panels can increase your property’s value significantly as long as you buy or finance your panels and don’t choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."

What solar power system size is right for my home?

The exact number of solar panels you need depends on your household energy needs and the amount of sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to cover their typical energy usage.

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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