Solar Panel Cost Guide in Rawlins, WY (2023 Update)
- Rawlins Solar Installation Cost: $26,334
- 25-Year Savings: $52,464
- Payback Period: 8.4 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated September 15, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in Rawlins
Find out what the average cost of solar panel installation is in Rawlins.
While the national average of solar panels is $2.66 per watt, solar panels in Rawlins typically cost about 2.57. The average solar panel system size in Rawlins is around 14.6 kilowatts, meaning a cost of about $26,337 for a solar installation, or $37,662 before the 30% federal solar tax credit is applied.
These figures are only estimates, and your own solar costs may look different based on your energy needs and what company you want to go with. With typical savings of about $20,000 on energy bills over 20 years, many homeowners in Rawlins find installing solar panels can be quite rewarding.
To receive a free quote from a highly rated solar installer in Rawlins, you can click the button below.
Solar savings over time in Rawlins
| Year | Return on Investment |
|---|---|
| 1 years | $-26,071 |
| 3 years | $-25,546 |
| 5 years | $-25,021 |
| 7 years | $-24,495 |
| 9 years | $-23,970 |
| 11 years | $-23,445 |
| 13 years | $-22,919 |
| 15 years | $-22,394 |
| 17 years | $-21,869 |
| 19 years | $-21,343 |
| 21 years | $-20,818 |
| 23 years | $-20,293 |
| 25 years | $-19,768 |
Top Solar Installers in Rawlins
Putting up solar panels by yourself can be a time-consuming task, which is why hiring a solar installer is a good option for many homeowners. Plus, if you'd like to maximize your investment in solar, using a solar installer can help with that as well. Different providers can offer warranties, expertise on installation and sometimes even information on local incentives and net metering programs.
You can get a free estimate from a local solar installer on the cost of solar panels for your home. Here are some near you:
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
Cost is often one of the most important factors for homeowners considering investing in solar. There are a few key factors that determine your overall cost in Rawlins: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power production need better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $2,570. The kind of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more over time on your power bills. Additionally, extra products, like solar batteries, can bring your total well above the Rawlins average.
Solar Financing Terms
Many homeowners find the average cost of solar in Rawlins to be too steep, even if the investment pays off over time. Fortunately, nearly every solar installer in the area offers financing options. Solar loans remarkably decrease upfront costs for most homeowners, but they also lead to higher prices over time because of interest. You'll have to consider the long-term cost of financing options, including the amount of interest you'll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs considerably.
Solar Panel Installation Company
A final consideration when trying to estimate the cost of solar for your home or business in Rawlins is the company you choose to install your solar system. Similar to choosing a company to install new cabinets, for example, you'll have many options for solar installers that provide a range of services for different budgets. The size of the company can sometimes play the most considerable role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower prices because of access to more resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing down to compete with bigger names.
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
The solar installer you choose will be a major factor in determining not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should take into account, including:
- Contract: It's important to read through your solar installer's contract carefully to understand what services they will provide, what the warranty covers and what you can expect about your solar system's energy production.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to do the job well. Another way you can check your installer's reputation is by reading reviews.
- Solar Panel Brands: The model of solar panel you need to get plays a role in which company you should opt for, since different companies have different panels.
- Warranty: Each company may offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
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?
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 model of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Rawlins?
A solar panel system isn't free in Rawlins, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Is it worth going solar in Rawlins?
Whether or not solar panels are worth it depends on a variety of factors like the cost of electricity near you and the amount of direct sunlight your roof gets.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average home will need 20 to 35 panels.
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.