Solar Panel Cost Guide in Vernal, UT (2024 Update)
- Vernal Solar Installation Cost: $12,009
- 25-Year Savings: $17,873
- Payback Period: 10.9 Years
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Average Cost of Solar Panels in Vernal
See how much it might cost to go solar in Vernal.
The national average cost of solar panels is $2.66 per watt, but in Vernal it’s 3 per watt.Because a 5.2-kW system is needed to cover the energy usage of a typical home in Vernal, the average price of going solar will be about $12,009 after claiming the federal solar tax credit of 0.
Keep in mind that the figures above are only estimates based on the average energy use of Vernal homeowners. The cost of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor.With average savings of about $20,000 on power bills over 20 years, many homeowners in Vernal find investing in solar has a decent ROI.
To get a free quote from a top solar installer in Vernal, you can click the button below.
Solar savings over time in Vernal
| Year | Return on Investment |
|---|---|
| 1 years | $-11,195 |
| 3 years | $-9,567 |
| 5 years | $-7,938 |
| 7 years | $-6,310 |
| 9 years | $-4,682 |
| 11 years | $-3,053 |
| 13 years | $-1,425 |
| 15 years | $203 |
| 17 years | $1,832 |
| 19 years | $3,460 |
| 21 years | $5,089 |
| 23 years | $6,717 |
| 25 years | $8,345 |
Top Solar Installers in Vernal
Although it's possible to install solar panels on your own, it requires extra labor and knowledge. That's why the majority of homeowners choose to hire a solar panel installer. Local solar installers can also help you optimize your return on investment by assisting with any local incentives and by providing warranties and repairs.
There are a number of licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Outstanding Local Installer
ES Solar
- Representatives are experts on local policies
- Lifetime workmanship warranty
- Outstanding customer service
- No leases or PPAs
- Energy audits only available 12 months after installation
Solar Veteran
Creative Energies
- Certified B Corp
- Outstanding customer service
- Many years of experience
- Multitude of products and services
- No leases or PPAs
- Slightly expensive
See all of the solar companies in Vernal
Factors that Affect Solar Panel Costs in Vernal
There are many factors that can determine your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household uses, the larger your system will likely need to be. You can expect to pay around $3,290 per kilowatt in Vernal.Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Vernal, where sunlight is abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited 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
Solar panels can save you money on power bills over many years, but they can also be a significant investment. That’s why many Vernal homeowners choose to finance their solar panel systems to make going solar more affordable.When trying to figure out your overall cost, you should also calculate the interest you’ll pay if you choose to go with a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Vernal is the company you choose to install your solar system. Similar to choosing a company to install new cabinets, for example, you’ll have many options for solar installers that offer a range of services for different budgets.Larger national companies generally have lower costs, but some local companies keep up with them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or add-on services like electric vehicle charger installation, they might be cheaper overall.
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 | $17,449 | 11.3 years |
| 8 kW | $3.36 | $18,792 | $23,634 | 11.1 years |
| 10 kW | $3.29 | $23,030 | $30,003 | 10.9 years |
| 12 kW | $3.22 | $27,083 | $36,557 | 10.6 years |
| 14 kW | $3.16 | $30,952 | $43,295 | 10.4 years |
| 16 kW | $3.09 | $34,637 | $50,216 | 10.2 years |
| 18 kW | $3.03 | $38,138 | $57,323 | 10.0 years |
| 20 kW | $2.96 | $41,454 | $64,613 | 9.8 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since choosing a company can be difficult, we have some tips to help you, such as:
- Reputation: Solar companies that have great reviews from their customers and that have been operating for many years most likely provide high-quality solar panel installation and expertise.
- Installation Process: Homeowners should make sure they know how exactly the installation process will go, as well as important factors like the project completion timeline.
- Contract: When looking through your solar company’s contract, ask questions about any terms you’re not sure of and make sure you understand what happens in scenarios like a system part breaking or if the company goes out of business.
- Warranty: If you’re worried about the longevity of your solar system, checking if your company offers a 25-year, all-inclusive warranty can help put you at ease.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Outstanding Local Installer
ES Solar
- Representatives are experts on local policies
- Lifetime workmanship warranty
- Outstanding customer service
- No leases or PPAs
- Energy audits only available 12 months after installation
Solar Veteran
Creative Energies
- Certified B Corp
- Outstanding customer service
- Many years of experience
- Multitude of products and services
- No leases or PPAs
- Slightly expensive
EcoWatch's Vernal, UT Solar Cost FAQs
How much does it cost to install solar panels in Vernal?
This is a hard question to answer exactly, because the cost depends on a few different factors. Generally speaking, it costs about $16,450 for a 5-kW system and $32,900 for a 10-kW system after the ITC is applied. It will cost more if you want extra solar equipment or more efficient panels, or if you have above-average energy usage. On the flip side, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
Are solar panels free in Vernal?
You can’t get solar panels for free in Vernal. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
How will installing solar panels impact how much my home is worth?
Solar panels can increase your home value considerably as long as you buy or finance your panels and don’t choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing a solar system."
How long do solar panels last in Vernal?
Even 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 their energy production will have decreased significantly after that point. You can opt to replace them once you've had them for that long or you can keep using 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.