Solar Panel Cost Guide in Roosevelt, UT (2024 Update)
- Roosevelt Solar Installation Cost: $11,968
- 25-Year Savings: $8,281
- Payback Period: 16.6 Years
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Average Cost of Solar Panels in Roosevelt
We go over average solar pricing in Roosevelt.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Roosevelt, the average cost of solar panels is 3 per watt.To cover the typical energy needs of the average home in Roosevelt, most homeowners require a 5.2-kilowatt system. Using the per-watt figure above, a solar installation costs around $11,968, or $17,114 before the federal solar tax credit of 0 is applied.
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 solar panels you choose, your solar contractor and more.But, after you've paid the upfront cost of installation, the ROI for most homeowners is quite good, with a net average savings of about $13,000 over 20 years on electricity bills.
To calculate your potential savings and connect with a local solar company, click the button below.
Solar savings over time in Roosevelt
| Year | Return on Investment |
|---|---|
| 1 years | $-11,245 |
| 3 years | $-9,798 |
| 5 years | $-8,352 |
| 7 years | $-6,906 |
| 9 years | $-5,459 |
| 11 years | $-4,013 |
| 13 years | $-2,566 |
| 15 years | $-1,120 |
| 17 years | $327 |
| 19 years | $1,773 |
| 21 years | $3,220 |
| 23 years | $4,666 |
| 25 years | $6,113 |
Top Solar Installers in Roosevelt
Although it's possible to install solar panels yourself, it involves extra time and know-how. For that reason, the majority of homeowners choose a solar panel installer. Plus, warranties and repairs from your solar panel installer can protect your investment and reduce the cost of maintenance over the lifespan of your panels.
There are several 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
Outstanding Local Installer
ES Solar
- Representatives are experts on local policies
- Lifetime workmanship warranty
- Outstanding customer service
- No leases or PPAs
- Energy audits only available 12 months after installation
Solar Veteran
Creative Energies
- 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 Roosevelt
Factors that Affect Solar Panel Costs in Roosevelt
Although the average cost of a solar system in Roosevelt is $11,968, your actual cost may be higher or lower than that. There are several factors that can have a major impact on the cost of a solar system installation. Below are some of the more important things to keep in mind.
Solar Equipment
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 important to accurately gauge the size of the solar energy system needed for your home by figuring out your typical energy use.The type of solar panels and equipment you want is another factor that will significantly affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more pricey. Plus, solar equipment consists of more than just the solar panels themselves. You’ll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking into a solar system that falls within your budget.
Solar Financing Terms
If paying for a solar system out of pocket is out of reach, solar loans are a popular option because they lower your upfront costs and let you pay for your system over five to seven years on average.Even though solar loans make going solar more accessible for Roosevelt homeowners, they can also increase the total you pay for your system due to interest. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
Lastly, the company you get to install your solar panels can affect your pricing. Roosevelt’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Roosevelt know more about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, 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 | $3.42 | $14,371 | $6,447 | 17.3 years |
| 8 kW | $3.36 | $18,792 | $8,964 | 16.9 years |
| 10 kW | $3.29 | $23,030 | $11,666 | 16.6 years |
| 12 kW | $3.22 | $27,083 | $14,551 | 16.3 years |
| 14 kW | $3.16 | $30,952 | $17,621 | 15.9 years |
| 16 kW | $3.09 | $34,637 | $20,876 | 15.6 years |
| 18 kW | $3.03 | $38,138 | $24,314 | 15.3 years |
| 20 kW | $2.96 | $41,454 | $27,937 | 14.9 years |
How to Save on Solar Panels
There are a lot of companies available in Roosevelt, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be tough, so here are some tips to help you decide:
- Solar Panel Brands: Different companies will offer various brands and kinds of panels. If you prefer a specific brand, make sure the solar panel installer you’re considering has it.
- Installation Process: Make sure you’re aligned with the installer with regard to 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.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar panels running smoothly and save you money on repairs and maintenance.
- Reputation: Solar installers that have great reviews from their customers and that have been operating for many years in most cases provide quality solar panel installation and expertise.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Outstanding Local Installer
ES Solar
- Representatives are experts on local policies
- Lifetime workmanship warranty
- Outstanding customer service
- No leases or PPAs
- Energy audits only available 12 months after installation
Solar Veteran
Creative Energies
- Certified B Corp
- Outstanding customer service
- Many years of experience
- Multitude of products and services
- No leases or PPAs
- Slightly expensive
EcoWatch's Roosevelt, UT Solar Cost FAQs
What is the average cost of installing solar panels in Roosevelt?
This is a tough question to answer precisely, because the cost depends on a variety of factors. Broadly 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 cost more if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the flip side, you can spend less if you go with a smaller solar panel system or less efficient solar panels.
Can you get solar panels for free in Roosevelt?
A solar panel system isn’t free in Roosevelt, 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.
Does Roosevelt have a net metering program?
The majority of states have net metering programs of some kind. Through these, you can either receive compensation for the extra power your system produces or or receive credits to put toward future electricity 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?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is their energy production will have decreased significantly after that point. You can opt 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.