Solar Panel Cost Guide in South Jordan, UT (2023 Update)
- South Jordan Solar Installation Cost: $9,832
- 25-Year Savings: $16,344
- Payback Period: 9.4 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in South Jordan
Here's how much it might cost to go solar in South Jordan.
While the national average of solar panels is $2.66 per watt, solar panels in South Jordan generally cost around 2.68. Since a 5.2-kW system is needed to cover the energy consumption of a typical home in South Jordan, the average price of going solar will be about $9,830 after claiming the federal solar tax credit of 30%.
Bear in mind that the figures above are only estimates based on the average South Jordan homeowner. The price of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor. Despite the large upfront cost, the average South Jordan homeowner can save around $19,000 on their power bills over 20 years, which is one of the benefits of solar.
Click the button below to get connected to a top solar panel company in your area for a personalized estimate.
Solar savings over time in South Jordan
| Year | Return on Investment |
|---|---|
| 1 years | $-8,836 |
| 3 years | $-6,844 |
| 5 years | $-4,852 |
| 7 years | $-2,859 |
| 9 years | $-867 |
| 11 years | $1,125 |
| 13 years | $3,117 |
| 15 years | $5,109 |
| 17 years | $7,102 |
| 19 years | $9,094 |
| 21 years | $11,086 |
| 23 years | $13,078 |
| 25 years | $15,071 |
Top Solar Installers in South Jordan
Putting up solar panels by yourself can be a stressful undertaking, which is why getting a solar installer is a good option for many homeowners. Plus, warranties and repairs from your solar panel company can protect your investment and reduce the cost of maintenance over the lifespan of your panels.
If you're searching for a solar company in South Jordan, the EcoWatch team has 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 South Jordan
Factors that Affect Solar Panel Costs in South Jordan
Although the average cost of a solar system in South Jordan is $9,830, your actual cost may be higher or lower than that. There are quite a few factors that can have a sizable impact on the cost of a residential solar panel installation. Below are some of the more crucial things to take into consideration.
Solar Equipment
The size of the solar system you need for your household, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $2,680. The model of solar panels and equipment you get is another factor that will considerably impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Plus, solar equipment consists of more than just the solar panels themselves. You'll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when looking into a solar system that falls within your budget.
Solar Financing Terms
If paying for solar panels out of pocket is difficult, solar loans are a popular route because they lower your upfront costs and let you pay for your system over a term of, on average, between five and seven years. You'll have to consider the long-term cost of loans, including the amount of 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 more than the principal cost. Making a larger down payment or securing a solar loan with a low APR could reduce your costs considerably.
Solar Panel Installation Company
The solar panel installer you choose will influence your total cost to go solar. Different companies will bill different amounts for the equipment and labor. You may see national solar installers that have lower prices because of their larger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or promotions 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 | $18,260 | 9.8 years |
| 8 kW | $2.73 | $15,308 | $24,647 | 9.6 years |
| 10 kW | $2.68 | $18,760 | $31,184 | 9.4 years |
| 12 kW | $2.63 | $22,062 | $37,872 | 9.2 years |
| 14 kW | $2.57 | $25,213 | $44,709 | 9.0 years |
| 16 kW | $2.52 | $28,215 | $51,696 | 8.8 years |
| 18 kW | $2.47 | $31,067 | $58,833 | 8.6 years |
| 20 kW | $2.41 | $33,768 | $66,121 | 8.5 years |
How to Save on Solar Panels
The solar company you opt for will be a major factor in determining not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should consider, such as:
- Contract: It's important to read your solar installer's contract thoroughly to understand what services they will provide, what the warranty covers and what expectations you should have about the installation process.
- Solar Panel Brands: The type of solar panel you'd like plays a role in which company you should go with, since different companies have different panels.
- Warranty: Each company may offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to clarify any details you need to know with your solar company, such as what permits you should acquire and how long the project will take.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's South Jordan, UT Solar Cost FAQs
How much does it cost to install solar panels in South Jordan?
The average cost of solar panels in South Jordan 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 type 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 South Jordan?
Leasing solar panels can be an option if you can't pay upfront or secure a solar loan, but since you don't own the system, you don't have access to 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 bang for your buck from going solar.
Does South Jordan have a net metering program?
Each state has some kind 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 energy bills.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption and how much sunlight your roof gets. You can 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 buy between 20 and 35 panels to cover 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.