Solar Panel Cost Guide in Rawlins, WY (2024 Update)
- Rawlins Solar Installation Cost: $36,683
- 25-Year Savings: $52,464
- Payback Period: 11.6 Years
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Average Cost of Solar Panels in Rawlins
We break down average solar pricing in Rawlins.
The average cost of solar panels in Rawlins is 4 per watt.To account for the typical energy usage of the average home in Rawlins, most homeowners require a 14.6-kilowatt system. Using the figure above, a solar installation costs about $36,683, or $52,457 before the federal solar tax credit of 0 is applied.
These figures are only averages, and your own solar costs will most likely differ based on your specific situation and what company you choose to go with.For most homeowners, the upfront investment in solar power is worth paying. On average you could be looking at about $20,000 in savings on electricity bills over 20 years.
To get a free estimate from a vetted solar company in Rawlins, you can click the button below.
Solar savings over time in Rawlins
| Year | Return on Investment |
|---|---|
| 1 years | $-35,561 |
| 3 years | $-33,316 |
| 5 years | $-31,071 |
| 7 years | $-28,826 |
| 9 years | $-26,581 |
| 11 years | $-24,336 |
| 13 years | $-22,091 |
| 15 years | $-19,846 |
| 17 years | $-17,600 |
| 19 years | $-15,355 |
| 21 years | $-13,110 |
| 23 years | $-10,865 |
| 25 years | $-8,620 |
Top Solar Installers in Rawlins
When going solar, many homeowners decide to use a solar company since putting up a solar system yourself can be a challenging project. The payback period on an investment in solar panels will vary depending on factors like your roof configuration and energy usage, but working with a solar installer can shorten it. Your provider will be able to help you apply for incentives available in your area.
Working with a professional solar installer can help your solar project go smoothly. Here are our recommendations:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 Rawlins
Factors that Affect Solar Panel Costs in Rawlins
The cost of installing a solar system in Rawlins can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The largest one is your system size, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
The size of the solar panel system you need for your household, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by about $3,580. The brand of solar panels and equipment you want is another factor that will significantly influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more pricey. Moreover, solar equipment goes beyond just the solar panels themselves. You’ll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when searching for a solar system that’s in your budget.
Solar Financing Terms
Most solar installers in Rawlins have solar loans, which reduce your upfront costs of installing solar.However, the interest on solar loans also increases your all-in costs, so it’s vital to keep that in mind as well. You can always reduce the total you pay in interest and in some cases even your APR by putting more money down.
Solar Panel Installation Company
The final major cost factor you should take into consideration is the installer you choose. Given the massive popularity of green energy solutions in Rawlins, you’ll have plenty of options to choose from, but each comes at different price points for labor and equipment.Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It’s best to do some research and go with the company that has the products, warranties and services you want and also fits within your budget.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.72 | $15,637 | $16,661 | 12.1 years |
| 8 kW | $3.65 | $20,449 | $22,615 | 11.9 years |
| 10 kW | $3.58 | $25,060 | $28,770 | 11.6 years |
| 12 kW | $3.51 | $29,471 | $35,126 | 11.4 years |
| 14 kW | $3.44 | $33,681 | $41,682 | 11.2 years |
| 16 kW | $3.37 | $37,690 | $48,439 | 10.9 years |
| 18 kW | $3.29 | $41,499 | $55,396 | 10.7 years |
| 20 kW | $3.22 | $45,108 | $62,553 | 10.5 years |
How to Save on Solar Panels
The solar company you choose will impact not only your total costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should take into account, including:
- Contract: Review the contract terms thoroughly to make sure you understand the cost breakdown, project timeline rebates and warranties.
- Installation Process: Make sure you’re on the same page with the installer with regard to how the installation process will go and what needs to be done before your solar panel system is installed, such as updating or replacing your electrical system or roof.
- Reputation: Solar installers that have great reviews from their customers and that have been in business for many years in most cases offer good-quality solar panel installation and expertise.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and how much efficiency they need. Even though there are many options for which model of solar panel you can get, not every company will have the exact one you may want or need, so make sure you ask for their list of options before deciding.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 Rawlins, WY Solar Cost FAQs
How much does it cost to install solar panels in Rawlins?
This is a difficult question to answer exactly, because the cost depends on a variety of factors. Broadly speaking, it costs about $17,900 for a 5-kW system and $35,800 for a 10-kW system after the ITC is applied. It will cost more if you want additional solar equipment or higher quality panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.
Are solar panels free in Rawlins?
You can’t get solar panels for free in Rawlins. However, you may still be able to get 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.
Can you sell solar power back to the grid in Rawlins?
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 offer you credit toward your future energy 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 get between 20 and 35 panels to account for 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.