Solar Panel Cost Guide in Vernal, UT (Mar 2023)
- Vernal Solar Installation Cost: $9,774
- 25-Year Savings: $17,882
- Payback Period: 8.8 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated March 14, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in Vernal
We go over average solar pricing in Vernal.
Although the national average of solar panels is $2.66 per watt, solar panels in Vernal typically cost around 2.68. To account for the typical energy needs of the average home in Vernal, most homeowners require a 5.2-kilowatt system. Using the figure above, a solar installation costs about $9,774, or $13,977 before the federal solar tax credit of 30% is applied.
Keep in mind that the figures above are only estimates based on the average Vernal homeowner. 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. Many homeowners find installing a solar panel system is a sound investment. The average homeowner in Vernal can save around $20,000 on their power bills over 20 years.
To see your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in Vernal
| Year | Return on Investment |
|---|---|
| 1 years | $-8,668 |
| 3 years | $-6,455 |
| 5 years | $-4,243 |
| 7 years | $-2,030 |
| 9 years | $182 |
| 11 years | $2,394 |
| 13 years | $4,607 |
| 15 years | $6,819 |
| 17 years | $9,032 |
| 19 years | $11,244 |
| 21 years | $13,457 |
| 23 years | $15,669 |
| 25 years | $17,882 |
Top Solar Installers in Vernal
When going solar, many homeowners decide to use a solar installation company since installing solar panels yourself can be a difficult project. Local solar companies can also help you optimize your return on investment by assisting with any local incentives and by providing warranties and repairs.
You can get a free quote from a local solar installer on how much your investment in solar could cost for your home. Here are some in Vernal:
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 Vernal
Factors that Affect Solar Panel Costs in Vernal
There are several factors that can play into 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
When it comes to estimating the cost of solar panels in Vernal, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home's energy consumption, which you can determine by looking at past energy bills. Your total cost can increase by around $2,680 for each additional kilowatt you need. The type of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more in the long run on your energy bills. Additionally, extra products, like solar batteries, can bring your total well above the Vernal average.
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 (coming 2022)
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.