Solar Panel Cost Guide in Rock Springs, WY (Oct 2022)

  • Rock Springs Solar Installation Cost: $26,032
  • 25-Year Savings: $43,480
  • Payback Period: 9.4 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 9/16/2022

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Average Cost of Solar Panels in Rock Springs

Find out how much it might cost to switch to solar power in Rock Springs.

Currently, the national average cost of solar panels is $2.66 per watt. However, in Rock Springs, the typical cost of solar panels is $3 per watt. The average Rock Springs homeowner needs a 14.5-kilowatt system, which would cost about $26,032, or $19,264 after the federal solar tax credit of 30% is applied.

The actual price you pay can go higher or lower than the average in Rock Springs based on a variety of factors, such as the brand of solar panels you choose and the solar installer you hire. With typical savings of about $18,000 on energy bills over 20 years, many homeowners in Rock Springs find installing solar panels has a decent ROI.

You can click the button below to get connected with a pre-vetted solar installer in Rock Springs that can help you get a more accurate cost estimate for your home.

Solar savings over time in Rock Springs

Year Return on Investment
1 years $-23,251
3 years $-17,690
5 years $-12,129
7 years $-6,568
9 years $-1,007
11 years $4,554
13 years $10,114
15 years $15,675
17 years $21,236
19 years $26,797
21 years $32,358
23 years $37,919
25 years $43,480

Top Solar Installers in Rock Springs

Many homeowners decide to use a solar installation company since trying to put up solar panels yourself can be a lot of work. Plus, if you aren't sure what type of solar panels and equipment you may need, a solar installer can help you figure that out after a site survey and consultation.

There are a number of licensed solar professionals that can take care of your solar installation project. Here are our suggestions:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • 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

★★★★★
4.5

  • 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 Rock Springs

Factors that Affect Solar Panel Costs in Rock Springs

Cost is often one of the most important factors for homeowners who are considering investing in solar. There are a few primary factors that affect your total cost in Rock Springs: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.

Solar Equipment Size

The cost of solar panels varies by thousands of dollars due to some different factors. One of the major factors is the system size. Solar power systems with higher efficiency or power production require 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 panels and equipment you get is another factor that will considerably influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more expensive. Plus, solar equipment consists of more than 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 looking for a solar system that's in your budget.

Solar Financing Terms

Solar panels can save you money on energy bills over time, but they can also be a significant investment. That's why many Rock Springs homeowners decide to finance their solar panel systems to offset upfront costs. It's a good idea 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 back the loan.

Solar Panel Installation Company

Finally, the company you hire to install your solar system can affect how much you pay. Rock Springs' solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies generally 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 additional 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 $2.67 $11,226 $17,594 9.7 years
8 kW $2.62 $14,680 $23,747 9.6 years
10 kW $2.57 $17,990 $30,043 9.4 years
12 kW $2.52 $21,156 $36,483 9.2 years
14 kW $2.47 $24,179 $43,068 9.0 years
16 kW $2.42 $27,057 $49,796 8.8 years
18 kW $2.36 $29,791 $56,668 8.6 years
20 kW $2.31 $32,382 $63,684 8.4 years

Solar Incentives in Rock Springs

Name Wyoming PACE Financing Program
More Info Click here

Name Questar Gas - Residential Energy Efficiency Rebate Programs
Website Visit here
More Info Click here

Name Residential Renewable Energy Tax Credit
Website Visit here
More Info Click here

How to Save on Solar Panels

There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you find the right company for you, here are some tips to keep in mind:

  • Warranty: Warranties that provide coverage for panel repairs and maintenance over a long period of time such as 25 years are the gold standard in the business, and offering that kind of warranty is one sign of a good company.
  • Contract: When reading through your solar company's contract, ask for clarification about any terms you're not sure of and make sure you understand what happens in scenarios such as a system component breaking or the company going out of business.
  • Solar Panel Brands: Different companies will carry different brands and kinds of panels. If you know you want a specific brand, make sure the solar installer you're considering has it.
  • Installation Process: When making the switch to solar, it's necessary to keep an open line of communication with your solar installer. Make sure you understand how the installation process will go and the project completion timeline.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • 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

★★★★★
4.5

  • Certified B Corp
  • Outstanding customer service
  • Many years of experience
  • Multitude of products and services
  • No leases or PPAs
  • Slightly expensive

EcoWatch's Rock Springs, WY Solar Cost FAQs

What is the average cost of installing solar panels in Rock Springs?

This is a tough question to answer precisely, because the cost depends on a variety of factors. Generally speaking, it costs about $12,850 for a 5-kW system and $25,700 for a 10-kW system after the ITC is applied. It will cost more if you want extra solar equipment or more efficient panels, or if you have higher-than-average energy needs. Conversely, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.

Can you get solar panels for free in Rock Springs?

You can't get solar panels for free in Rock Springs. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd prefer to own your solar panels, you can finance them with a solar loan.

Is switching to solar power worth it?

Solar panels can be a great investment for lots of homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your energy bills are already pretty low, solar panels might not be for you.

How many solar panels should I get to power my home?

To figure out how many solar panels you need, you should find out how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can typically 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.

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