Solar Panel Cost Guide in South Jordan, UT (Oct 2022)
- South Jordan Solar Installation Cost: $9,830
- 25-Year Savings: $16,346
- Payback Period: 9.4 Years
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Updated 9/16/2022
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Average Cost of Solar Panels in South Jordan
Find out what the average cost of a solar system is in South Jordan.
In South Jordan, solar panels cost about $3 per watt on average. The average solar panel system size in South Jordan is around 5.2 kilowatts, meaning a cost of about $9,830 for a solar installation, or $7,274 after the 30% federal solar tax credit is applied.
These figures are only averages, and your own solar costs will differ based on the amount of energy your home requires and what company you want to go with. Many homeowners find going solar is a solid investment. The average homeowner in South Jordan can save around $19,000 on their power bills over 20 years.
For a customized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in South Jordan
| Year | Return on Investment |
|---|---|
| 1 years | $-8,783 |
| 3 years | $-6,689 |
| 5 years | $-4,595 |
| 7 years | $-2,501 |
| 9 years | $-407 |
| 11 years | $1,687 |
| 13 years | $3,782 |
| 15 years | $5,876 |
| 17 years | $7,970 |
| 19 years | $10,064 |
| 21 years | $12,158 |
| 23 years | $14,252 |
| 25 years | $16,346 |
Top Solar Installers in South Jordan
Trying to install solar panels yourself can be a challenging project, which is why using a solar installer is a good option for many homeowners. Since solar panels are exposed to the elements every day, warranties and repairs from your solar company can help you get the most out of your investment in solar panels by reducing potential costs down the line.
You can work with a local solar installer to get a free estimate on how much your investment in solar could cost for your home. Here are some in South Jordan:
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 South Jordan
Factors that Affect Solar Panel Costs in South Jordan
For many South Jordan homeowners, the decision to install a solar energy system comes down to cost. However, the range of solar installation costs can be quite wide in South Jordan, with typical prices between $20,000 to $40,000. There are numerous factors that greatly influence the price you'll pay, which we'll go over below.
Solar Equipment Size
The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the major factors is the system size. Solar power systems that have higher efficiency or power production use 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 $2,680. Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like South Jordan, 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
If paying for solar panels in cash is out of reach, solar loans are a popular option because they reduce your upfront costs and let you pay for your system over five to seven years on average. 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're only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the original 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
Lastly, the company you choose to install your solar panel system can influence how much it costs. South Jordan's solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in South Jordan are more knowledgeable about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save more money in the long run.
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 |
Solar Incentives in South Jordan
| 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 South Jordan, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be tough, so here are some tips to help you decide:
- Warranty: Warranties that provide coverage for panel repairs and maintenance over a long period of time such as 25 years are the best you can get in the business, and offering such a warranty is one indication of a quality company.
- Installation Process: When making the switch to solar energy, it's crucial to maintain an open line of communication with your solar company. Make sure you understand how the installation process works and the project completion timeline.
- Contract: It's important to look over your solar installer's contract carefully to understand what services they will provide, what the warranty covers and what you can expect about the cost.
- Solar Panel Brands: Different companies offer different brands and types of panels. If you know you want a specific brand, make sure the solar installer you're considering has it.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
EcoWatch's South Jordan, UT Solar Cost FAQs
What is the average cost of installing 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 things such as the kind of solar panels you want, what size system you need and how much energy you use.
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 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.
Does South Jordan have a net metering program?
Most states offer net metering programs of some kind. Through these, you can receive compensation for the extra power your system produces 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.
What solar power system size is right for 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 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.
