Solar Panel Cost Guide in Casper, WY (2023 Update)
- Casper Solar Installation Cost: $26,859
- 25-Year Savings: $48,477
- Payback Period: 8.9 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Casper
We go over average solar pricing in Casper.
In Casper, solar panels cost about 2.57 per watt on average. Using this figure, a typical 14.9-kW system would cost about $26,859 before the 30% federal solar tax credit is applied.
These figures are only averages, and the cost of going solar for you will most likely differ based on your energy needs and what company you want to go with. With typical savings of about $19,000 on energy bills over 20 years, many homeowners in Casper find going solar can be quite rewarding.
For a customized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Casper
| Year | Return on Investment |
|---|---|
| 1 years | $-23,846 |
| 3 years | $-17,819 |
| 5 years | $-11,792 |
| 7 years | $-5,765 |
| 9 years | $262 |
| 11 years | $6,289 |
| 13 years | $12,316 |
| 15 years | $18,343 |
| 17 years | $24,370 |
| 19 years | $30,396 |
| 21 years | $36,423 |
| 23 years | $42,450 |
| 25 years | $48,477 |
Top Solar Installers in Casper
Trying to put up solar panels by yourself can be a stressful task, which is why using a solar installer is a good option for many homeowners. The payback period of solar panels will vary based on factors like your location and energy needs, but working with a solar company can shorten that period. Your provider will be able to help you apply for incentives available in your area.
There are various licensed solar professionals that can help you install your solar panels. Here are our suggestions:
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 Casper
Factors that Affect Solar Panel Costs in Casper
For many Casper homeowners, the decision to adopt solar energy depends on cost. However, the range of solar installation costs can be quite wide in Casper, with typical prices between $20,000 to $40,000. There are several factors that significantly influence the price you'll pay, which we'll go over below.
Solar Equipment
One of the most important factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more energy your household consumes, the larger your system will likely need to be. You can expect to pay around $2,570 per kilowatt in Casper. The brand and kind of equipment you want for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a big investment. That's why many Casper homeowners choose to finance their solar panel systems to make going solar more affordable. However, the interest on solar loans also adds to your all-in costs, so it's vital to consider that as well. You can always lower the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
A final factor to keep in mind when trying to figure out the cost of solar for your home or business in Casper is the company you choose to install your solar panel system. As with choosing a company to renovate your kitchen, for instance, you'll have many options for solar installers that provide a range of services at different price points. Larger national companies generally have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or extra services like electric car 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 | $2.67 | $11,226 | $19,052 | 9.3 years |
| 8 kW | $2.62 | $14,680 | $25,690 | 9.1 years |
| 10 kW | $2.57 | $17,990 | $32,473 | 8.9 years |
| 12 kW | $2.52 | $21,156 | $39,399 | 8.7 years |
| 14 kW | $2.47 | $24,179 | $46,469 | 8.6 years |
| 16 kW | $2.42 | $27,057 | $53,683 | 8.4 years |
| 18 kW | $2.36 | $29,791 | $61,041 | 8.2 years |
| 20 kW | $2.31 | $32,382 | $68,543 | 8.0 years |
How to Save on Solar Panels
There are numerous companies to choose from in Casper, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, so here are some tips to help you decide:
- Contract: Though reading through a contract can be tedious, it's important to do it fully so you can be sure you understand what services your solar company will provide and the terms of the warranty.
- Reputation: Your solar installer should have a sound reputation as a company and have verifiable 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 good reviews from past customers.
- Warranty: If you're concerned about the longevity of your solar panel system, checking if your company offers a 25-year, all-inclusive warranty can help put you at ease.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and energy needs. While there are many options for which model of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to take a look at their list of offerings before deciding.
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 Casper, WY Solar Cost FAQs
What is the average cost of installing solar panels in Casper?
The average cost of solar panels in Casper is about $12,850 for a 5-kW system and $25,700 for a 10-kW system before the ITC, but the real cost will depend on stuff such as the model of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Casper?
A solar panel system isn't free in Casper, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Does Casper have a net metering program?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just give you credit toward your future power bills.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and how much sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to cover their typical energy usage.
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.