Solar Panel Cost Guide in St George, UT (Mar 2023)
- St George Solar Installation Cost: $9,042
- 25-Year Savings: $12,938
- Payback Period: 10.3 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in St George
Find out how much it might cost to switch to solar power in St George.
Currently, the national average cost of solar panels is $2.66 per watt. However, in St George, the typical cost of a solar system is 2.68 per watt. Because a 4.8-kW system is needed to cover the energy usage of a typical home in St George, the average price of going solar will be about $9,042 after claiming the federal solar tax credit of 30%.
The actual price you pay can be above or below the average in St George depending on a variety of factors, such as the model of solar panels you choose and the solar company you hire. Many homeowners find going solar is a solid investment. The average homeowner in St George can save about $17,000 on their electricity bills over 20 years.
For a free quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in St George
Year | Return on Investment |
---|---|
1 years | $-8,163 |
3 years | $-6,405 |
5 years | $-4,646 |
7 years | $-2,888 |
9 years | $-1,129 |
11 years | $629 |
13 years | $2,387 |
15 years | $4,146 |
17 years | $5,904 |
19 years | $7,663 |
21 years | $9,421 |
23 years | $11,180 |
25 years | $12,938 |
Top Solar Installers in St George
Trying to install solar panels by yourself can be a stressful undertaking, which is why hiring a solar installer is a good option for many homeowners. The expertise that solar companies provide can be invaluable as well, especially if you aren't sure what type of solar equipment you need.
There are a number of licensed solar professionals that can install solar panels for you. Here are our suggestions:
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 St George
Factors that Affect Solar Panel Costs in St George
For many St George homeowners, the decision to adopt solar energy depends on cost. However, the range of solar installation costs can be quite wide in St George, 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
When it comes to estimating the cost of a solar system in St George, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home's energy usage, which you can gauge by looking at past electricity bills. Your overall cost can increase by about $2,680 for each additional kilowatt you need. There are several different solar panel brands and the one you choose also changes the cost. In many cases, the brands that are more efficient tend to also be more expensive. Plus, the type of equipment you want to install can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on power bills over time, but they can also be a significant investment. That's why many St George homeowners opt to finance their solar panel systems to offset upfront costs. While solar loans make switching to solar energy more accessible for St George homeowners, they can also raise the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar installer you opt for to handle your switch to clean energy can have an effect on your total costs. There are about 3 solar installation companies operating throughout St George, and each can charge different amounts for labor and equipment. Companies that 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 come with an above-average cost. It's best to do some research and go with the company that offers 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 | $2.79 | $11,706 | $15,664 | 10.7 years |
8 kW | $2.73 | $15,308 | $21,185 | 10.5 years |
10 kW | $2.68 | $18,760 | $26,856 | 10.3 years |
12 kW | $2.63 | $22,062 | $32,678 | 10.1 years |
14 kW | $2.57 | $25,213 | $38,649 | 9.9 years |
16 kW | $2.52 | $28,215 | $44,771 | 9.7 years |
18 kW | $2.47 | $31,067 | $51,043 | 9.5 years |
20 kW | $2.41 | $33,768 | $57,465 | 9.3 years |
How to Save on Solar Panels
The solar installer 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 take into account, such as:
- Reputation: Make sure your solar panel installer has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like EcoWatch.
- Contract: When reading through your solar installer'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.
- Warranty: Many companies offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, durability and efficiency. They will come at different costs as well. The company you choose affects which solar panel brands you have access to.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
EcoWatch's St George, UT Solar Cost FAQs
How much does it cost to install solar panels in St George?
The average cost of solar panels in St George 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 certain factors such as the kind of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in St George?
Leasing solar panels can be an option if you can't afford to pay upfront or get a solar loan, but since you don't own the system, you don't have access to 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.
How will solar panels impact the value of my home?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in St George is currently $289,370, so you can expect a value of about $11,864 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in St George is a worthwhile investment.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is 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 level 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.