Solar Panel Cost Guide in Snyderville, UT (Mar 2023)
- Snyderville Solar Installation Cost: $9,755
- 25-Year Savings: $16,421
- Payback Period: 9.3 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Snyderville
Let's take a look at the average cost of solar panels in Snyderville.
The average cost of a solar panel system in Snyderville is 2.68 per watt. Since a 5.2-kW system is needed to cover the energy usage of a typical home in Snyderville, the average price of going solar will be about $9,755 after claiming the federal solar tax credit of 30%.
The prices above are just estimates to give you an idea of the cost of a solar energy system. The actual cost of installing solar panels can vary depending on a few factors, such as what size system you need, your energy usage and what solar installer you go with. With average savings of about $19,000 on energy bills over 20 years, many homeowners in Snyderville find investing in solar can be quite rewarding.
To get a free quote from a vetted solar installation company in Snyderville, you can click the button below.
Solar savings over time in Snyderville
| Year | Return on Investment |
|---|---|
| 1 years | $-8,708 |
| 3 years | $-6,614 |
| 5 years | $-4,520 |
| 7 years | $-2,426 |
| 9 years | $-332 |
| 11 years | $1,762 |
| 13 years | $3,857 |
| 15 years | $5,951 |
| 17 years | $8,045 |
| 19 years | $10,139 |
| 21 years | $12,233 |
| 23 years | $14,327 |
| 25 years | $16,421 |
Top Solar Installers in Snyderville
Although it's possible to install solar panels by yourself, it involves extra effort and know-how. That's one of the reasons the majority of homeowners choose to go with a solar panel installer. Plus, if you're unsure what kind of solar panels and equipment you want, a solar expert can help you find the right equipment for you after a site survey and consultation.
Working with a licensed solar company can make going solar easier. Here are our recommendations:
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 Snyderville
Factors that Affect Solar Panel Costs in Snyderville
The cost of installing a solar system in Snyderville can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The most significant one is the size of the system your household needs, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. That's why it's crucial to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs. Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Snyderville, 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
Most solar installers in Snyderville have solar loans, which reduce your upfront costs of installing solar panels. When figuring out your overall cost, you should also calculate the interest you'll pay if you go with a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
The remaining significant cost factor you should keep in mind is the installer you choose. Given the massive popularity of clean energy solutions in Snyderville, you'll have many options to choose from, but each comes at varying price points for labor and equipment. Larger national companies typically have lower costs, but some local companies undercut them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or additional services like electric car charger installation, they might be cheaper overall.
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 | $18,524 | 9.7 years |
| 8 kW | $2.73 | $15,308 | $24,999 | 9.5 years |
| 10 kW | $2.68 | $18,760 | $31,623 | 9.3 years |
| 12 kW | $2.63 | $22,062 | $38,398 | 9.1 years |
| 14 kW | $2.57 | $25,213 | $45,323 | 8.9 years |
| 16 kW | $2.52 | $28,215 | $52,398 | 8.8 years |
| 18 kW | $2.47 | $31,067 | $59,624 | 8.6 years |
| 20 kW | $2.41 | $33,768 | $66,999 | 8.4 years |
How to Save on Solar Panels
Since the brand of solar panels and the installation company you choose greatly influences your costs and your system's efficiency, production, and durability, it's important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Installation Process: When going solar, it's necessary to maintain an open line of communication with your solar panel company. Make sure you understand how the installation process will go and the project timeline.
- Contract: When reading over your solar company's contract, ask questions about any terms you're not sure of and make sure you understand what happens in scenarios such as a system part breaking or if the company goes out of business.
- Solar Panel Brands: The brand of solar panel you want to get plays a role in which installer you should opt for, since different companies have access to different panels.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to do the job well. Another way you can verify your installer's reputation is by reading reviews.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
EcoWatch's Snyderville, UT Solar Cost FAQs
How much does it cost to install solar panels in Snyderville?
The average cost of solar panels in Snyderville is about $13,400 for a 5-kW system and $26,800 for a 10-kW system before the ITC, but the real cost will depend on things like the type of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important consideration when buying solar panels?
Cost is definitely one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Can you sell solar power back to the grid in Snyderville?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just give you credit toward your future electricity bills.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy needs and how much sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to get between 20 and 35 panels to account for their typical energy usage.
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.