Solar Panel Cost Guide in Saratoga Springs, UT (2024 Update)
- Saratoga Springs Solar Installation Cost: $11,996
- 25-Year Savings: $13,945
- Payback Period: 12.6 Years
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Average Cost of Solar Panels in Saratoga Springs
See how much it might cost to install solar panels in Saratoga Springs.
The national average cost of solar panels is $2.66 per watt, but in Saratoga Springs it’s 3 per watt.Since a 5.2-kW system is needed to cover the energy costs of a typical home in Saratoga Springs, the average price of going solar will be about $11,996 after claiming the federal solar tax credit of 0.
These figures are only averages, and your own solar costs will look different based on the amount of energy your home requires and what company you want to go with.Despite the significant upfront cost, the average Saratoga Springs homeowner can save about $17,000 on their power bills over 20 years, which is one of the benefits of solar.
You can click the button below to get connected with a pre-vetted solar company in Saratoga Springs for a quote for your home.
Solar savings over time in Saratoga Springs
| Year | Return on Investment |
|---|---|
| 1 years | $-10,999 |
| 3 years | $-9,007 |
| 5 years | $-7,015 |
| 7 years | $-5,023 |
| 9 years | $-3,030 |
| 11 years | $-1,038 |
| 13 years | $954 |
| 15 years | $2,946 |
| 17 years | $4,938 |
| 19 years | $6,931 |
| 21 years | $8,923 |
| 23 years | $10,915 |
| 25 years | $12,907 |
Top Solar Installers in Saratoga Springs
Although it's possible to install solar panels yourself, it takes extra energy and handiness. For that reason, the majority of homeowners choose a solar panel installer. The payback period on a solar system will vary based on factors like your roof configuration and energy use, but working with a solar company can shorten that period. Your provider will be able to help you get the most out of incentives available in your area.
There are several licensed solar professionals that can take care of your solar installation project. 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 Saratoga Springs
Factors that Affect Solar Panel Costs in Saratoga Springs
The cost of installing a solar system in Saratoga Springs can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The largest one is the size of the system your home needs, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
When it comes to estimating the cost of solar panels in Saratoga Springs, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home’s energy usage, which you can gauge by looking at past power bills. Your total cost can increase by about $3,290 for each additional kilowatt you need.There are several different solar panel brands and the one you choose also changes the cost. Usually, the brands that offer higher efficiency tend to also cost more. Plus, the type of equipment you’re looking to get can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be financially overwhelming. Solar loans are available from most installers in Saratoga Springs, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more accessible.It’s a good idea to add the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it’ll take to pay off the loan.
Solar Panel Installation Company
The last major cost factor you should consider is the installer you choose. Given the massive popularity of green energy solutions in Saratoga Springs, you’ll have many options to choose from, but each comes at different price points for labor and 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 want and also is 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 | $3.42 | $14,371 | $12,948 | 13.2 years |
| 8 kW | $3.36 | $18,792 | $17,633 | 12.9 years |
| 10 kW | $3.29 | $23,030 | $22,502 | 12.6 years |
| 12 kW | $3.22 | $27,083 | $27,555 | 12.4 years |
| 14 kW | $3.16 | $30,952 | $32,792 | 12.1 years |
| 16 kW | $3.09 | $34,637 | $38,214 | 11.9 years |
| 18 kW | $3.03 | $38,138 | $43,820 | 11.6 years |
| 20 kW | $2.96 | $41,454 | $49,610 | 11.4 years |
How to Save on Solar Panels
The solar panel company you opt for will affect not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should keep in mind, including:
- Warranty: Companies typically offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Reputation: Solar companies that have great reviews from their customers and that have been operating for many years likely offer good-quality solar panel installation and expertise.
- Installation Process: When going solar, it’s necessary to maintain an open line of communication with your solar panel company. Confirm that you understand how the installation process works and the completion timeline.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and energy needs. While there are many options for which model of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to peruse their list of options before making your decision.
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 Saratoga Springs, UT Solar Cost FAQs
What is the average cost of installing solar panels in Saratoga Springs?
The average cost of solar panels in Saratoga Springs is about $16,450 for a 5-kW system and $32,900 for a 10-kW system before the ITC, but the actual cost will depend on stuff like the model of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Saratoga Springs?
You can’t get solar panels for free in Saratoga Springs. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
Can solar panels completely eradicate my power bills?
It is possible to erase your electricity bills with solar panels, but for most homeowners in Saratoga Springs, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you’ll want to contact a local solar installer to see how many panels can fit on your roof.
How long do solar panels last in Saratoga Springs?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger 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.