Solar Panel Cost Guide in Rawlins, WY (Mar 2023)
- Rawlins Solar Installation Cost: $26,337
- 25-Year Savings: $52,461
- Payback Period: 8.4 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Rawlins
Find out how much it might cost to switch to solar power in Rawlins.
While the national average of solar panels is $2.66 per watt, solar panels in Rawlins generally cost about 2.57. Using this figure, a typical 14.6-kW system would cost about $26,337 before the 30% federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average Rawlins homeowner. The price of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor. With typical savings of about $20,000 on energy bills over 20 years, many homeowners in Rawlins find installing solar panels has a decent ROI.
To calculate your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in Rawlins
| Year | Return on Investment |
|---|---|
| 1 years | $-23,185 |
| 3 years | $-16,882 |
| 5 years | $-10,578 |
| 7 years | $-4,274 |
| 9 years | $2,030 |
| 11 years | $8,334 |
| 13 years | $14,638 |
| 15 years | $20,942 |
| 17 years | $27,246 |
| 19 years | $33,550 |
| 21 years | $39,853 |
| 23 years | $46,157 |
| 25 years | $52,461 |
Top Solar Installers in Rawlins
Many homeowners choose to hire a solar installation company since trying to install solar panels yourself can be time-consuming. Some solar companies, especially local ones, can help you make the most of incentives in Rawlins, thereby optimizing your ROI.
If you'd like to start using solar energy but still aren't sure which solar panel installer to go with, here are our suggestions for providers in Rawlins:
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
There are many criteria 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
One of the most significant factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more power your household uses, the larger your system will likely need to be. You can expect to pay about $2,570 per kilowatt in Rawlins. There are a lot of different solar panel brands and the one you choose also affects the cost. In general, the brands that offer higher efficiency tend to also be more expensive. Plus, the type of equipment you want to install 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
Solar panels can save you money on energy bills over many years, but they can also be a significant investment. That's why many Rawlins homeowners decide to finance their solar panel systems to make paying for solar more affordable. It's wise to add the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it'll take to pay off the loan.
Solar Panel Installation Company
The solar panel installation company you pick will affect your total cost to make the switch to solar power. Different companies will charge different amounts for the equipment and labor. Some companies 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 cost more. It's best to do some research and decide on the company that provides the products, warranties and services you're looking for 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 | $2.67 | $11,226 | $21,073 | 8.7 years |
| 8 kW | $2.62 | $14,680 | $28,385 | 8.5 years |
| 10 kW | $2.57 | $17,990 | $35,840 | 8.4 years |
| 12 kW | $2.52 | $21,156 | $43,440 | 8.2 years |
| 14 kW | $2.47 | $24,179 | $51,184 | 8.0 years |
| 16 kW | $2.42 | $27,057 | $59,072 | 7.9 years |
| 18 kW | $2.36 | $29,791 | $67,103 | 7.7 years |
| 20 kW | $2.31 | $32,382 | $75,279 | 7.5 years |
How to Save on Solar Panels
Since the brand of solar panels and the company you choose considerably influences your costs and your system's efficiency, production, and durability, it's important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Contract: Review the contract terms thoroughly to make sure you understand the total cost, project timeline incentives and warranties.
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, longevity and efficiency. They will come at different prices as well. The company you choose has an impact on which solar panel brands you have access to.
- Warranty: If you care about the longevity of your solar panel system, verifying that your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Reputation: Long-standing companies likely have a high reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
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
What is the average cost of installing solar panels in Rawlins?
The average cost of solar panels in Rawlins 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 things like the kind of solar panels you want, what size system you need and how much energy you consume.
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 goals for going solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.
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 give you credit toward your future electricity 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 take a 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 buy 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.