Solar Panel Cost Guide in Vernal, UT (2023 Update)
- Vernal Solar Installation Cost: $9,783
- 25-Year Savings: $17,873
- Payback Period: 8.8 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Vernal
Let's take a look at the average cost of solar in Vernal.
In Vernal, solar panels cost about 2.68 per watt on average. The average solar panel system size in Vernal is around 5.2 kilowatts, meaning a cost of about $9,774 for a solar installation, or $13,977 before the 30% federal solar tax credit is applied.
How much you pay can go above or below the average in Vernal depending on several factors, such as the brand of solar panels you choose and the solar company you hire. Many homeowners find installing a solar panel system is a solid investment. The average homeowner in Vernal can save around $20,000 on their electricity bills over 20 years.
Click the button below to get connected to a vetted solar company in Vernal for a customized quote.
Solar savings over time in Vernal
| Year | Return on Investment |
|---|---|
| 1 years | $-9,691 |
| 3 years | $-9,506 |
| 5 years | $-9,322 |
| 7 years | $-9,137 |
| 9 years | $-8,953 |
| 11 years | $-8,769 |
| 13 years | $-8,584 |
| 15 years | $-8,400 |
| 17 years | $-8,216 |
| 19 years | $-8,031 |
| 21 years | $-7,847 |
| 23 years | $-7,663 |
| 25 years | $-7,478 |
Top Solar Installers in Vernal
Many homeowners opt for a solar installation company since trying to install solar panels on your own can be time-consuming. The payback period of solar panels will vary depending on factors like your location and energy usage, but working with a solar company can help you reach a break-even point sooner. Your provider will be able to help you apply for incentives available in your area.
You can get a free estimate from a local solar installer on how much solar panels could cost for your home. Here are some nearby:
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 Vernal
Factors that Affect Solar Panel Costs in Vernal
For many Vernal 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 Vernal, with typical prices between $20,000 to $40,000. There are a number of factors that significantly influence the price you'll pay, which we'll go over below.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. For that reason, it's a priority to accurately gauge the size of the solar energy system needed for your home by figuring out your average energy use. There are several different solar panel brands and the one you choose also affects the cost. Generally speaking, the brands that are more efficient tend to also cost more. In addition, the type of equipment you choose can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Many homeowners find the average cost of solar in Vernal to be too costly, even if the investment pays off over time. Fortunately, nearly every solar company in the area provides financing options. Solar loans substantially decrease upfront costs in most cases, but they also lead to a higher cost over time due to interest. However, the interest on solar loans also increases your all-in costs, so it's crucial to include that in your estimate as well. You can always reduce the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
Finally, the company you opt for to install your solar system can play a part in determining your pricing. Vernal's solar companies all have different labor costs and add varying upcharges to equipment. You may see national solar installers that have lower prices due to their bigger brand name and access to bulk prices, or you might see small, local installation companies offering deals or specials to compete with those larger companies.
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 | $20,114 | 9.2 years |
| 8 kW | $2.73 | $15,308 | $27,119 | 9.0 years |
| 10 kW | $2.68 | $18,760 | $34,273 | 8.8 years |
| 12 kW | $2.63 | $22,062 | $41,578 | 8.7 years |
| 14 kW | $2.57 | $25,213 | $49,033 | 8.5 years |
| 16 kW | $2.52 | $28,215 | $56,639 | 8.3 years |
| 18 kW | $2.47 | $31,067 | $64,394 | 8.1 years |
| 20 kW | $2.41 | $33,768 | $72,299 | 8.0 years |
How to Save on Solar Panels
Since the brand of solar panels and the installer you choose has an impact on your costs and your system's efficiency, production, and durability, it's important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to get the job done well. Another way you can look into your installer's reputation is by reading reviews.
- Warranty: An all-inclusive, long-term warranty can help keep your solar panels running for years to come and save you money on repairs and maintenance.
- Contract: Before you sign a contract with a solar installer, be sure to read it through carefully so you understand the terms. Also, ask questions if you're not certain about some of the terms, such as what to do if a component breaks or malfunctions and what services you can expect from them.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and energy needs. While there are many options for which type of solar panel you can get, not every company will have the exact one you may want or need, so make sure you take a look at their list of options before deciding.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Vernal, UT Solar Cost FAQs
What is the average cost of installing solar panels in Vernal?
The average cost of solar panels in Vernal 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 stuff such as the kind of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Vernal?
You can't get solar panels for free in Vernal. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd rather own your solar panels, you can finance them with a solar loan.
Is it worth going solar in Vernal?
Whether or not solar panels are worth it depends on a variety of factors like how much you pay for electricity and how much direct sunlight your roof gets.
How many solar panels do I need to power my home?
To figure out how many solar panels you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.
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.