Solar Panel Cost Guide in Rawlins, WY (2025 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.Using this figure, a typical 14.6-kW system would cost about $36,683 before the 0 federal solar tax credit is applied.
The true price you pay can go above or below the average in Rawlins depending on several factors, such as the kind of solar panels you choose and the solar installer you hire.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 quote from a pre-vetted solar installation 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
Putting up solar panels by yourself can be a stressful undertaking, which is why using a solar installer is a good option for many homeowners. Some solar installers, particularly local ones, can help you make the most of incentives in Rawlins, therefore optimizing your ROI.
Working with a vetted solar company can make going solar easier. Here are our recommendations:
See all of the solar companies in Rawlins
Factors that Affect Solar Panel Costs in Rawlins
There are many factors that can affect your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment
One of the most important 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 consumes, the larger your system will likely need to be. You can expect to spend around $3,580 per kilowatt in Rawlins.The brand of solar panels and equipment you want is another factor that will considerably affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Furthermore, solar equipment is more than just the solar panels themselves. You’ll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking for a solar system that’s in your budget.
Solar Financing Terms
Most solar installers in Rawlins provide solar loans, which reduce the initial cost of installing a solar system.You’ll have to consider the long-term cost of loans, including the total 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 securing a solar loan with a low interest rate could reduce your costs remarkably.
Solar Panel Installation Company
A final factor to keep in mind when trying to evaluate the cost of solar for your home or business in Rawlins is the company you hire to install your solar system. As with choosing a company to install new cabinets, for instance, there’s no shortage of solar installers that offer a range of services at different costs.Larger national companies usually have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or add-on services like electric vehicle 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 | $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 company that does your system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because choosing a company can be a challenge, we have some tips to help you, such as:
- Contract: It’s important to read your solar installer’s contract thoroughly to understand what services they will provide, what the warranty covers and what you can expect about the project timeline.
- Installation Process: When going solar, it’s essential to keep an open line of communication with your solar panel company. Confirm that you understand how the installation process works and the project completion timeline.
- Reputation: Solar panel companies that have great reviews from their customers and that have been in business for many years in most cases offer high-quality solar panel installation and expertise.
- Solar Panel Brands: Different companies will have various brands and models of panels. If you know you want a specific brand, make sure the solar panel company you’re considering has it.
EcoWatch's Rawlins, WY Solar Cost FAQs
What is the average cost of installing solar panels in Rawlins?
This is a tough 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 install 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?
Most states offer net metering programs of some kind. Through these, you can be compensated for the extra power your system generates or or receive credits to put toward future utility bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy usage 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 install 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.