Solar Panel Cost Guide in West Bountiful, UT (2024 Update)
- West Bountiful Solar Installation Cost: $12,120
- 25-Year Savings: $14,792
- Payback Period: 12.3 Years
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Average Cost of Solar Panels in West Bountiful
Find out what the average cost of installing solar panels is in West Bountiful.
Although the national average of solar panels is $2.66 per watt, solar panels in West Bountiful typically cost about 3.Because a 5.3-kW system is needed to cover the energy costs of a typical home in West Bountiful, the average price of going solar will be about $12,120 after claiming the federal solar tax credit of 0.
These figures are only averages, and your own solar costs may differ based on the amount of energy your home requires and what company you choose to go with.Despite the significant initial cost, the average West Bountiful homeowner can save around $18,000 on their power bills over 20 years, which is one of the advantages of solar.
For a customized quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in West Bountiful
| Year | Return on Investment |
|---|---|
| 1 years | $-11,124 |
| 3 years | $-9,132 |
| 5 years | $-7,140 |
| 7 years | $-5,147 |
| 9 years | $-3,155 |
| 11 years | $-1,163 |
| 13 years | $829 |
| 15 years | $2,822 |
| 17 years | $4,814 |
| 19 years | $6,806 |
| 21 years | $8,798 |
| 23 years | $10,791 |
| 25 years | $12,783 |
Top Solar Installers in West Bountiful
When going solar, many homeowners choose to go with a solar installation company since overseeing your solar installation yourself can be a challenging project. Since solar panels are exposed to temperature swings and extreme weather, warranties and repairs from your solar company can help you get the most out of your investment in solar panels by avoiding potential costs down the line.
Working with a licensed solar installer can help your solar project go smoothly. Here are our recommendations:
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 West Bountiful
Factors that Affect Solar Panel Costs in West Bountiful
The cost of installing a solar system in West Bountiful can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The biggest one is the size of the system your home needs, and other factors include the equipment you choose, financing options and the solar company you choose.
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 crucial to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs.There are many different solar panel brands and the one you pick also affects the cost. Generally, the brands that offer higher efficiency tend to also cost more. Additionally, 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 West Bountiful to be prohibitively steep, even if the investment pays off over time. Thankfully, almost every solar installer in the area offers financing options. Solar loans drastically decrease upfront costs for most homeowners, but they also lead to a higher cost over time due to interest.When figuring out your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
Finally, the company you get to install your solar panels can influence the cost. West Bountiful’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in West Bountiful 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 that service. Even if they cost more upfront, they could end up saving you 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 | $3.42 | $14,371 | $13,749 | 12.8 years |
| 8 kW | $3.36 | $18,792 | $18,700 | 12.5 years |
| 10 kW | $3.29 | $23,030 | $23,836 | 12.3 years |
| 12 kW | $3.22 | $27,083 | $29,156 | 12.0 years |
| 14 kW | $3.16 | $30,952 | $34,660 | 11.8 years |
| 16 kW | $3.09 | $34,637 | $40,348 | 11.5 years |
| 18 kW | $3.03 | $38,138 | $46,221 | 11.3 years |
| 20 kW | $2.96 | $41,454 | $52,278 | 11.1 years |
How to Save on Solar Panels
There are many companies available in West Bountiful, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be difficult, so here are some tips to help you decide:
- Contract: Read the contract terms carefully to make sure you understand the cost breakdown, project timeline rebates and warranties.
- Reputation: Your solar installer should have a sound reputation as a company and have demonstrated expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from past customers.
- Warranty: If you’re concerned about the endurance of your solar energy system, making sure your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, durability and efficiency. They will come at different costs as well. The company you choose has an impact on 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
EcoWatch's West Bountiful, UT Solar Cost FAQs
What is the average cost of installing solar panels in West Bountiful?
This is a tough question to answer precisely, because the cost depends on a variety of 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 higher-than-average energy consumption. On the flip side, you can spend less if you want a smaller solar panel system or cheaper solar panels.
Is cost the most important consideration when buying solar panels?
The initial cost is a very important factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In places where rooftop space is limited, efficiency can trump the cost. Other factors that are important to consider are the quality and durability of your solar panels.
Does West Bountiful have a net metering program?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future utility bills.
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 higher 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.