Solar Panel Cost Guide in Roosevelt, UT (2023 Update)
- Roosevelt Solar Installation Cost: $9,749
- 25-Year Savings: $8,281
- Payback Period: 13.5 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Roosevelt
We break down average solar pricing in Roosevelt.
In Roosevelt, solar panels cost about 2.68 per watt on average. Because a 5.2-kW system is needed to cover the energy costs of a typical home in Roosevelt, the average price of going solar will be about $9,755 after claiming the federal solar tax credit of 30%.
Bear in mind that the figures above are only estimates based on the average Roosevelt homeowner. The cost of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor. For most homeowners, the upfront cost of solar is worth paying. On average Roosevelt homeowners see about $13,000 in savings on electricity bills over 20 years.
To receive a free estimate from a vetted solar installer in Roosevelt, you can click the button below.
Solar savings over time in Roosevelt
| Year | Return on Investment |
|---|---|
| 1 years | $-9,026 |
| 3 years | $-7,579 |
| 5 years | $-6,133 |
| 7 years | $-4,687 |
| 9 years | $-3,240 |
| 11 years | $-1,794 |
| 13 years | $-347 |
| 15 years | $1,099 |
| 17 years | $2,546 |
| 19 years | $3,992 |
| 21 years | $5,439 |
| 23 years | $6,885 |
| 25 years | $8,332 |
Top Solar Installers in Roosevelt
Although it's possible to install solar panels on your own, it requires extra effort and expertise. That's one of the reasons most people choose a solar panel installer. A solar company can also help save you money in the long run by providing warranties, repairs and part replacements.
If you'd like to make the switch to solar but still aren't sure which solar panel company to go with, here are our recommendations for providers near you:
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 Roosevelt
Factors that Affect Solar Panel Costs in Roosevelt
There are a number of criteria that can determine your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
When it comes to estimating the cost of a solar panel system in Roosevelt, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home's energy consumption, which you can gauge by looking at past power bills. Your overall cost can increase by around $2,680 for each additional kilowatt you need. There are many different solar panel brands and the one you pick also changes the cost. Usually, the brands that have better efficiency tend to also cost more. In addition, the type of equipment you're looking to get can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar installers in Roosevelt have solar loans, which reduce the initial cost of installing a solar system. However, the interest on solar loans also increases your total costs, so it's vital to include that in your estimate as well. You can always bring down the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
The solar panel installation company you select will influence your total cost to go solar. Different companies will bill different amounts for the equipment and labor. The company's size sometimes plays the most considerable role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have more resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing down to compete with bigger names.
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 | $9,111 | 14.1 years |
| 8 kW | $2.73 | $15,308 | $12,448 | 13.8 years |
| 10 kW | $2.68 | $18,760 | $15,936 | 13.5 years |
| 12 kW | $2.63 | $22,062 | $19,573 | 13.2 years |
| 14 kW | $2.57 | $25,213 | $23,360 | 13.0 years |
| 16 kW | $2.52 | $28,215 | $27,298 | 12.7 years |
| 18 kW | $2.47 | $31,067 | $31,385 | 12.4 years |
| 20 kW | $2.41 | $33,768 | $35,623 | 12.2 years |
How to Save on Solar Panels
Since the brand of solar panels and the installer you choose considerably influences 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:
- Reputation: Make sure your solar company has a good reputation by verifying it has certifications and licenses, checking how long it's been in business and reading reviews by past customers and solar experts like the EcoWatch team.
- Installation Process: Make sure you're aligned with the company in regard to how the installation process will go and what needs to be done before your solar panels are installed, such as repairing your electrical system or roof.
- Solar Panel Brands: Different companies will carry various brands and models of panels. If you know you want a specific brand, make sure the solar panel company you're considering has it.
- Contract: Before you sign a contract with a solar company, make sure you read it through carefully so you understand the terms. Also, ask questions if you're not certain about some of the terms, such as what the warranty covers and what services you can expect from them.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Roosevelt, UT Solar Cost FAQs
What is the average cost of installing solar panels in Roosevelt?
The average cost of solar panels in Roosevelt 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 stuff such as the model of solar panels you want, what size system you need and how much energy you consume.
Is it better to lease or buy solar panels in Roosevelt?
Leasing solar panels can be an attractive choice, because it often comes with low or $0 upfront payments. The downside 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 maximize your savings.
Does Roosevelt have a net metering program?
The majority of states offer net metering programs of some kind. Through these, you can get paid for the extra power your system generates 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 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 needs and how much sunlight your home gets. For a general estimate, however, since each panel can generally 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.