Solar Panel Cost in Wyoming (2023 Local Savings Guide)

Here’s a quick look at the estimated cost of solar in Wyoming:

  • Average Cost Per Watt: $2.57
  • Cost of Average System: $16,191 *
  • Cost of Energy Without Solar: $38,089
  • Payback Period: 13 Years**
  • Lifetime Savings of Going Solar: $14,959

*Average system size is calculated using data from the Energy Information Administration. This price is after tax credit.
**Payback period is calculated assuming the system is purchased in cash.

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Cost of Solar Panels in Wyoming

The typical cost of solar panels in Wyoming is $2.57 per watt, which is cheaper than the national average of $2.66 per watt. According to our market research, the average Wyoming resident needs a 9-kilowatt solar energy system to offset their energy costs. 

Plugging those figures into our solar calculator, installing a solar panel system in Wyoming would cost a homeowner $23,130 on average, or $16,191 after claiming the 30% federal solar tax credit.

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Creative Energies Solar

Solar Veteran

Regional Service

EcoWatch rating

Average cost

Pros

  • Certified B Corp
  • Outstanding customer service
  • Many years of experience
  • Multitude of products and services

Cons

  • No leases or PPAs
  • Slightly expensive
Badge icon

Apollo Energy

Great Social Impact

Regional Service

EcoWatch rating

Average cost

Pros

  • Women-owned
  • Bilingual service associates
  • Certified B Corp
  • NABCEP-certified technicians
  • Makes charitable contributions

Cons

  • Relatively young company
  • No leases or PPAs
Badge icon

The Solar Guys

Outstanding Regional Installer

Regional Service

EcoWatch rating

Average cost

Pros

  • Comprehensive service offerings
  • Locally owned and operated
  • Outstanding customer service

Cons

  • Limited service area
  • Limited information available on website
  • Relatively young company

Solar Panel System Installation Cost in Wyoming

Based on the company you choose and the size of the solar system needed to power your home, we’ve estimated that the average solar panel installation in Wyoming will cost between $15,420 and $30,840 before applying any tax incentives or solar rebates.

The table below shows the average prices for a solar panel system in Wyoming before and after the 30% federal tax credit:

Size of Solar Panel System Wyoming Solar Panel Cost Cost After Federal Tax Credit
6 kW $15,420 $10,794
7 kW $17,990 $12,593
8 kW $20,560 $14,392
9 kW $23,130 $16,191
10 kW $25,700 $17,990
11 kW $28,270 $19,789
12 kW $30,840 $21,588

Looking for the best solar companies in Wyoming? We’ve vetted all of the solar installers in the Cowboy State to find the most reputable and affordable companies. Click here to learn more.

See also: See how much you can save by going solar with the EcoWatch Solar Calculator

solar panels on a brick tile house roof

What Determines the Cost of Solar Panels in Wyoming?

Your choice of installation company, solar equipment and financing option will all contribute to the overall cost of your solar panel system. However, you must also consider the discount that the federal solar tax credit and Wyoming’s statewide net metering will provide when adding up the total value you’ll receive from your solar panels.

Solar Equipment

What solar equipment you decide to install on your home will depend largely on the climate and weather of your location, as well as how much sunlight strikes your roof. This can vary within the state and even between homes. In general, Wyoming experiences hot summers and cold winters, and extreme weather events are relatively uncommon. 

That’s good news for homeowners looking to install a solar panel system in Wyoming. Talk to your local contractor to see if you should invest in high-efficiency solar panels if your space is limited, a comprehensive warranty or extra equipment like batteries based on the needs of your home.

Solar Financing in Wyoming

Wyoming doesn’t offer much in terms of statewide incentives or financing assistance. But there are certainly options that are still available to homeowners. 

If you have built up home equity and a good credit score, a home equity line of credit (HELOC) may be a great financing option for your solar panel system in Wyoming. This program allows you to use your home as collateral for a zero-down solar loan with low interest. 

Banks offering solar loans throughout Wyoming include US Bank, Wells Fargo, Bank of the West and First Interstate. Many local banks and credit unions offer solar-specific loans as well. You can learn more about what banks offer solar loans in Wyoming here.

close-up of blue solar panels

Wyoming Solar Installation Company

Although Wyoming is not a leader in solar energy, there are still plenty of solar installers to choose from. Each installer will offer varying estimates based on your proximity to them, as well as the quality of their equipment, warranties and workmanship. 

In general, larger companies offer pricier equipment, but cheaper labor. In contrast, local companies tend to offer more affordable equipment, but costlier labor. 

Check out our top brand highlights below and read more on our best solar companies in Wyoming page: 

  • Creative Energies Solar: Has locations in Wyoming, Utah and Idaho, has a long-standing reputation, offers a variety of services, donates to nonprofits furthering solar access 
  • Apollo Energy: Local, woman-owned solar company, offers 100% American-made solar panels, works with nonprofits to offer employment and solar solutions to lower-income households 
  • The Solar Guys: Founded in 2019, locally based in Wyoming, overall positive reviews 

You can also look at the Wyoming renewables website to find other local solar contractors. 

Additional Considerations and Costs in Wyoming

You’ll also want to be aware of these additional considerations and costs when installing solar panels in Wyoming: 

  • Permits: The permit requirement for installing solar panels in Wyoming varies by county. Check with your local government to see if you need a permit before installing your system. 
  • Warranties: Most solar panel companies offer a standard 25-year warranty on their equipment. You should read the conditions of your warranty carefully so that you know when you will be covered. 
  • HOAs: Wyoming currently does not have any established solar access rights that stop homeowners associations (HOAs) from forbidding solar panel installations. However, the state does have in the books that “the beneficial use of solar energy is a property right.” If you are part of an HOA, it’s a good idea to check with the organization before installing any panels. 
  • Environmental zoning: Residential solar projects usually do not require special zoning. However, check with your local government to make sure you are permitted to install solar on your property.

Wyoming Solar Panel Incentives

Wyoming is not one of the top states for solar, and that could be because there aren’t many state-manded solar incentives or solar tax exemptions there. However, many Wyoming residents are still reaping other benefits of solar energy sources, like lower electricity rates and  independence from utility companies.

Whatever your reason for making the switch to clean energy alternatives, we still want you to get the maximum reward. Here are some solar financial incentives you can capitalize on in Wyoming:

Wyoming Solar Incentive How it Affects the Cost of Solar Panels in Wyoming
Wyoming PACE Financing Program Property Assessed Clean Energy (PACE) financing allows property owners to cover the upfront costs of energy improvements. While it may not reduce the price of your solar system, it will provide you more time to pay them off so you can use some of the savings from your electricity.
Net Metering Wyoming established a statewide net metering program in 2001. As the law stands, an investor-owned utility, electric cooperative or irrigation district has to compensate solar users for the net excess generation (NEG) they provide to the grid. The NEG is treated as a kilowatt-hour credit or compensation on the solar user’s net bill. At the beginning of the calendar year, the energy provider will purchase any unused credits at the utility’s “avoided cost” (basically “wholesale”) rate.
Local Solar Rebates & Incentives Some Wyoming utility companies will offer incentives for energy efficiency upgrades, like Rocky Mountain Power’s “Wattsmart Residential Efficiency Program.” However, as of early 2022, none of them seem to offer any incentives specifically for solar. We encourage you to ask your solar installation company if there are any solar manufacturer rebates available for you.
Federal Solar Tax Credit The Solar Investment Tax Credit (ITC) is a tax incentive that allows solar adopters to claim 30% of their total solar equipment and installation costs as a tax credit on their next federal filing. The 30% credit is in effect for any solar project purchased through 2032. 

The Best Solar Panel Brands Available in Wyoming

Solar panel availability will vary greatly based on the solar installer that you select. Some companies only offer a few based on their current inventories. In general, the following are the most common solar panel brands that you’ll encounter, as well as their relative pricing in Wyoming.

Solar Panel Brand Average Cost Per Watt ($-$$$$$)
Canadian Solar $$
JA Solar $$
Mission Solar $$
Panasonic $$
Q Cells $$
REC $$$
Silfab $$$
SunPower $$$$$
Tesla $$
Trina Solar $$$

Ready to see how much solar panels would cost for your Wyoming home? To get a free, no-obligation quote based on your household’s energy needs, select one of our top providers below to connect with a verified installer. 

Read More About Going Solar

FAQs: Solar Panel Cost Wyoming

At EcoWatch, we’re happy to get questions about the process and costs of getting rooftop solar from Wyoming residents. Below are some of the questions we see most often, along with our responses. If you have specific questions that aren’t answered here, reach out to our team of solar experts at solar@ecowatch.com.

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Article author
Karsten is an editor and energy specialist focused on environmental, social and cultural development. His work has been shared by sources including NPR, the World Economic Forum, Marketwatch and the SEIA, and he is certified in ESG with the CFA Institute. Before joining EcoWatch, Karsten worked in the solar energy sector, studying energy policy, climate tech and environmental education. A lover of music and the outdoors, Karsten might be found rock climbing, canoeing or writing songs when away from the workplace.
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Expert reviewer
Melissa is an avid writer, scuba diver, backpacker and all-around outdoor enthusiast. She graduated from the University of Florida with degrees in journalism and sustainability studies. Before joining EcoWatch, Melissa worked as the managing editor of Scuba Diving magazine and the communications manager of The Ocean Agency, a nonprofit that’s featured in the Emmy award-winning documentary Chasing Coral.

Comparing authorized solar partners

EcoWatch rating
Average cost
Pros
Cons
BBB Rating
Year founded
Service Area
Brands of Solar Equipment Offered
Warranty Coverage
  • 4.5
    • Certified B Corp
    • Outstanding customer service
    • Many years of experience
    • Multitude of products and services
    • No leases or PPAs
    • Slightly expensive
    Not Rated
    Solar Veteran

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