Solar Panel Cost Guide in Saratoga Springs, UT (Oct 2022)

  • Saratoga Springs Solar Installation Cost: $9,774
  • 25-Year Savings: $13,942
  • Payback Period: 10.3 Years

See cost of a solar system near you:

GET QUOTES
EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 9/16/2022

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 Saratoga Springs

Find out what the average cost of installing solar panels is in Saratoga Springs.

Although the national average of solar panels is $2.66 per watt, solar panels in Saratoga Springs generally cost about $3. The average solar panel system size in Saratoga Springs is around 5.2 kilowatts, meaning a cost of about $9,774 for a solar installation, or $7,233 after the 30% federal solar tax credit is applied.

Remember that the numbers above are only averages. The price you'll pay for solar may vary based on your household energy use, the type of solar panels you want, your solar contractor and more. Many homeowners find adopting solar power is a fruitful investment. The average homeowner in Saratoga Springs can save around $17,000 on their energy bills over 20 years.

To receive a free estimate from a pre-vetted solar installer in Saratoga Springs, you can click the button below.

Solar savings over time in Saratoga Springs

Year Return on Investment
1 years $-8,825
3 years $-6,928
5 years $-5,031
7 years $-3,133
9 years $-1,236
11 years $661
13 years $2,558
15 years $4,456
17 years $6,353
19 years $8,250
21 years $10,148
23 years $12,045
25 years $13,942

Top Solar Installers in Saratoga Springs

Although it's possible to install solar panels by yourself, it involves extra time and expertise. That's one of the reasons the majority of homeowners choose to hire a solar panel installer. Solar warranties and repairs are usually included in the cost of installation when you hire a solar contractor too, which can save you more money after your upfront investment.

If you're searching for a solar installer in Saratoga Springs, 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 (coming 2022)

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 Saratoga Springs

Factors that Affect Solar Panel Costs in Saratoga Springs

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

Solar Equipment Size

The size of the system you need is one of the largest factors that influences the overall cost of going solar. For that reason, it's important to accurately ascertain the size of the solar energy system needed for your home by figuring out your energy needs. Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Saratoga Springs, 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 a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.

Solar Financing Terms

Many homeowners find the average cost of solar in Saratoga Springs to be prohibitively expensive, even if the investment pays off over time. Thankfully, nearly every solar installer in the area offers financing options. Solar loans greatly decrease upfront costs for most homeowners, but they also result in higher prices over time due to interest. You'll have to consider the long-term cost of financing options, including the total interest you'll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or securing a solar loan with a low interest rate could reduce your costs significantly.

Solar Panel Installation Company

The remaining major cost factor you should take into consideration is the installer you choose. Given the massive popularity of green energy solutions in Saratoga Springs, you'll have lots of options to choose from, but each comes at various price points for labor and equipment. You may come across national solar installers that have lower prices because of their bigger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or specials to compete with those major players.

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 $15,613 10.7 years
8 kW $2.73 $15,308 $21,117 10.5 years
10 kW $2.68 $18,760 $26,772 10.3 years
12 kW $2.63 $22,062 $32,576 10.1 years
14 kW $2.57 $25,213 $38,531 9.9 years
16 kW $2.52 $28,215 $44,636 9.7 years
18 kW $2.47 $31,067 $50,891 9.5 years
20 kW $2.41 $33,768 $57,296 9.3 years

Solar Incentives in Saratoga Springs

Name Renewable Energy Systems Tax Credit (Corporate)
Website Visit here
More Info Click here

Name Renewable Energy Systems Tax Credit (Personal)
Website Visit here
More Info Click here

Name Rocky Mountain Power - wattsmart Residential Efficiency Program
Website Visit here
More Info Click here

Name Residential Renewable Energy Tax Credit
Website Visit here
More Info Click here

How to Save on Solar Panels

There are a lot of companies available in Saratoga Springs, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:

  • Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you choose.
  • Installation Process: When making the switch to solar, it's crucial to maintain an open line of communication with your solar panel installer. Make sure you understand how the installation process will go and the project completion timeline.
  • Warranty: An all-inclusive, long-term warranty can help keep your solar panel system running for a long time and save you money on part replacement and repairs.
  • Contract: Though reading through a contract can take a lot of time, it's important to do it carefully so you can be sure you understand what services your solar company will provide and how part repairs and replacements will be handled.

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 (coming 2022)

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 Saratoga Springs, UT Solar Cost FAQs

How much does it cost to install solar panels in Saratoga Springs?

The average cost of solar panels in Saratoga Springs 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 kind 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 Saratoga Springs?

Leasing solar panels can be an option if you can't pay upfront or get a solar loan, but since you don't own the system, you can't take advantage of many solar incentives. Also your home value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most bang for your buck from going solar.

Can you sell solar power back to the grid in Saratoga Springs?

The majority of states offer net metering programs of some kind. Through these, you can either be compensated for the extra power your system generates or or receive credits to put toward future energy 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?

On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount of energy production.

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.

solar panel and sunny sky
Invest in clean solar energy, save thousands of dollars.

Save $$ on your electricity bill by getting a free quote today.

Follow us