Solar Panel Cost Guide in Roosevelt, UT (2023 Update)
- Roosevelt Solar Installation Cost: $9,755
- 25-Year Savings: $8,275
- Payback Period: 13.5 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Roosevelt
Let's have a look at the average cost of solar panels in Roosevelt.
The national average cost of solar panels is $2.66 per watt, but in Roosevelt it's 2.68 per watt. The average solar panel system size in Roosevelt is around 5.2 kilowatts, meaning a cost of about $9,755 for a solar installation, or $13,950 before the 30% federal solar tax credit is applied.
Remember that the numbers above are only averages. The price you'll end up paying for solar may vary based on your household energy use, the type of solar panels you choose, your solar contractor and more. Despite the high initial cost, the average Roosevelt homeowner can save about $13,000 on their electricity bills over 20 years, which is one of the advantages of solar.
Click the button below to get connected to a reputable solar panel company in Roosevelt for a custom estimate.
Solar savings over time in Roosevelt
| Year | Return on Investment |
|---|---|
| 1 years | $-9,034 |
| 3 years | $-7,592 |
| 5 years | $-6,149 |
| 7 years | $-4,707 |
| 9 years | $-3,264 |
| 11 years | $-1,822 |
| 13 years | $-379 |
| 15 years | $1,063 |
| 17 years | $2,506 |
| 19 years | $3,948 |
| 21 years | $5,390 |
| 23 years | $6,833 |
| 25 years | $8,275 |
Top Solar Installers in Roosevelt
Trying to install solar panels on your own can be a stressful project, which is why using a solar installation company is a good option for many homeowners. Plus, if you're not certain what kind of solar panels and equipment you want, a solar company can help you figure that out after a site survey and consultation.
You can work with a local solar installer to get a free quote on how much your investment in solar could cost for your home. Here are some nearby:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
See all of the solar companies in Roosevelt
Factors that Affect Solar Panel Costs in Roosevelt
For many Roosevelt homeowners, the decision to go solar rests on cost. However, the range of solar installation costs can be quite wide in Roosevelt, 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
One of the most significant factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more power your household uses, the larger your system will likely need to be. You can expect to spend about $2,680 per kilowatt in Roosevelt. Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Roosevelt, where sunlight is abundant, efficiency can quickly pay off. Plus, if you have a small roof or you don't have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a big investment. That's why many Roosevelt homeowners choose to finance their solar panel systems to offset upfront costs. It's a good idea to add the interest you'll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and how long it'll take to pay off the loan.
Solar Panel Installation Company
Finally, the company you choose to install your solar panel system can affect the cost. Roosevelt's solar companies all have different labor costs and add varying upcharges to equipment. Companies that only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It's best to do some research and decide on the company that has the products, warranties and services you're looking for and also fits within your budget.
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
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since choosing a company can be a tough decision, we have some tips to help you, such as:
- Contract: Look through the contract terms closely to make sure you understand how much it will cost, project completion timeline incentives and warranties.
- Solar Panel Brands: The kind of solar panel you'd like to get plays a role in which company you should go with, since different companies provide different panels.
- Installation Process: When making the switch to solar, it's crucial to keep an open line of communication with your solar panel installer. See to it that you understand how the installation process will go and the project completion timeline.
- Reputation: Companies that have been operating for many years likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
EcoWatch's Roosevelt, UT Solar Cost FAQs
How much does it cost to install 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 certain factors like the model of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider in addition to cost when buying solar panels?
The upfront cost is a very important factor to consider, but whether it's the most important for you depends on why you decided to go solar. In areas where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to think about are the quality and durability of your solar panels.
Is it worth going solar in Roosevelt?
Whether or not solar panels are worth it depends on some different factors like how much you pay for electricity and the amount of direct sunlight your roof gets.
What solar power system size is right for my home?
To figure out what solar panel system size 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 typically 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.