Solar Panel Cost Guide in Snyderville, UT (2024 Update)
- Snyderville Solar Installation Cost: $11,965
- 25-Year Savings: $16,430
- Payback Period: 11.4 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Snyderville
Find out how much it might cost to switch to solar power in Snyderville.
The average cost of a solar system in Snyderville is 3 per watt.The average solar panel system size in Snyderville is around 5.2 kilowatts, meaning a cost of about $11,965 for a solar installation, or $17,110 before the 0 federal solar tax credit is applied.
Remember that the numbers above are only averages. The price you’ll pay for solar will differ based on your household energy needs, the type of solar panels you want to get, your solar contractor and more.For most homeowners, the upfront investment in solar power is worth paying. On average homeowners in Snyderville see about $19,000 in savings on energy bills over 20 years.
To calculate your potential ROI and connect with a local solar expert, click the button below.
Solar savings over time in Snyderville
| Year | Return on Investment |
|---|---|
| 1 years | $-10,969 |
| 3 years | $-8,977 |
| 5 years | $-6,984 |
| 7 years | $-4,992 |
| 9 years | $-3,000 |
| 11 years | $-1,008 |
| 13 years | $984 |
| 15 years | $2,977 |
| 17 years | $4,969 |
| 19 years | $6,961 |
| 21 years | $8,953 |
| 23 years | $10,946 |
| 25 years | $12,938 |
Top Solar Installers in Snyderville
Many homeowners choose to hire a solar panel company since installing solar panels yourself can be time-consuming. In addition, if you’d like to maximize your investment in solar energy, going with a solar installer can help with that too. Different providers can offer repairs, expertise on how to install solar panels and sometimes even information on local incentives and net metering programs.
If you're on the hunt for a solar installer in Snyderville, we've organized a list of our top suggestions here:
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 Snyderville
Factors that Affect Solar Panel Costs in Snyderville
Cost is often one of the most important factors for homeowners considering investing in solar. There are a few primary factors that determine your overall cost in Snyderville: solar equipment and system size, financing options and the solar installation company you choose. We’ll go over each of these briefly below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems that have higher efficiency or power production require better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,290.Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Snyderville, where sunlight is abundant, efficiency can quickly pay off. Also, if you have a small roof or limited 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
For some homeowners, paying for solar panels out of pocket can be a challenge. Solar loans are offered by most installers in Snyderville, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more affordable.Even though solar loans make switching to solar energy more accessible for Snyderville homeowners, they can also add to the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The remaining significant cost factor you should take into consideration is the installer you choose. Given the massive popularity of clean energy solutions in Snyderville, you’ll have plenty of options to choose from, but each comes at varying price points for labor and equipment.Some companies only sell products with high efficiency and therefore a higher price point — 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 choose a company that provides 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 | $3.42 | $14,371 | $15,859 | 11.9 years |
| 8 kW | $3.36 | $18,792 | $21,514 | 11.7 years |
| 10 kW | $3.29 | $23,030 | $27,353 | 11.4 years |
| 12 kW | $3.22 | $27,083 | $33,377 | 11.2 years |
| 14 kW | $3.16 | $30,952 | $39,584 | 11.0 years |
| 16 kW | $3.09 | $34,637 | $45,976 | 10.7 years |
| 18 kW | $3.03 | $38,138 | $52,552 | 10.5 years |
| 20 kW | $2.96 | $41,454 | $59,313 | 10.3 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because selecting a company can be a challenge, we have some tips to help you, such as:
- Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the completion timeline.
- Warranty: If you care about the endurance of your solar energy system, ensuring your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
- 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 likely has a solid reputation and is qualified to do the job well. Another way you can look into your installer’s reputation is by reading reviews.
- Solar Panel Brands: The brand of solar panel you want to install plays a part in which company you should opt for, since different companies have access to different panels.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
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 $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 certain factors such as the type of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in Snyderville?
Leasing solar panels can be an option if you can’t afford to pay upfront or secure a solar loan, but since you don’t own the system, you can’t take advantage of many solar incentives. Also your property 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 savings from going solar.
Is it worth going solar in Snyderville?
Solar panels can be a great investment for many homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your energy bills are already reasonably low, solar panels might not be for you.
How often do you have to replace solar panels?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is how much energy they produce will have decreased significantly after that point. You can replace them after having them for that long or you can continue to use them at a lower efficiency.
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.