Solar Panel Cost Guide in Worland, WY (2024 Update)
- Worland Solar Installation Cost: $37,549
- 25-Year Savings: $54,475
- Payback Period: 11.5 Years
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Average Cost of Solar Panels in Worland
Let’s have a look at the average cost of solar in Worland.
In Worland, solar panels cost about 4 per watt on average.The average solar panel system size in Worland is around 15.0 kilowatts, meaning a cost of about $37,549 for a solar installation, or $53,695 before the 0 federal solar tax credit is applied.
The true cost of your system can go above or below the average in Worland based on several factors, such as the model of solar panels you choose and the solar installer you hire.With typical savings of about $21,000 on electricity bills over 20 years, many homeowners in Worland find going solar can be quite rewarding.
Click the button below to get connected to a vetted solar installer in your area for a customized estimate.
Solar savings over time in Worland
| Year | Return on Investment |
|---|---|
| 1 years | $-36,427 |
| 3 years | $-34,182 |
| 5 years | $-31,937 |
| 7 years | $-29,692 |
| 9 years | $-27,447 |
| 11 years | $-25,202 |
| 13 years | $-22,957 |
| 15 years | $-20,712 |
| 17 years | $-18,467 |
| 19 years | $-16,222 |
| 21 years | $-13,977 |
| 23 years | $-11,731 |
| 25 years | $-9,486 |
Top Solar Installers in Worland
Many homeowners choose to use a solar panel company since trying to install solar panels by yourself can be challenging. Some solar installers, especially local ones, can help you take advantage of incentives in Worland, thereby optimizing your ROI.
Working with a professional solar company can make going solar easier. 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 Worland
Factors that Affect Solar Panel Costs in Worland
There are many factors that can influence your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. That’s why it’s a priority to accurately ascertain the size of the solar energy system needed for your home by figuring out your energy needs.The kind of solar panels and equipment you want is another factor that will considerably impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Moreover, solar equipment goes beyond 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 into a solar system that falls within your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Worland to be too expensive, even if the investment pays off over time. Fortunately, nearly every solar installer in the area provides access to financing options. Solar loans greatly decrease upfront costs in most cases, but they also lead to paying more over time due to interest.However, the interest on solar loans also adds to your overall costs, so it’s important to take that into consideration as well. You can always reduce the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
The last major cost factor you should keep in mind is the installer you choose. Given the booming popularity of sustainable energy solutions in Worland, you’ll have plenty of options to choose from, but each comes at different price points for labor and equipment.You may notice national solar installers that have lower prices because of their bigger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or specials to compete with those major players.
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 | $16,970 | 12.0 years |
| 8 kW | $3.65 | $20,449 | $23,028 | 11.8 years |
| 10 kW | $3.58 | $25,060 | $29,286 | 11.5 years |
| 12 kW | $3.51 | $29,471 | $35,744 | 11.3 years |
| 14 kW | $3.44 | $33,681 | $42,403 | 11.1 years |
| 16 kW | $3.37 | $37,690 | $49,263 | 10.8 years |
| 18 kW | $3.29 | $41,499 | $56,323 | 10.6 years |
| 20 kW | $3.22 | $45,108 | $63,583 | 10.4 years |
How to Save on Solar Panels
Since the brand of solar panels and the installer 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 tips to keep in mind to help with your decision:
- Reputation: Your solar installer should have a good reputation as a company and have demonstrated expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from past customers.
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the project completion timeline.
- Contract: Before you sign a contract with a solar installer, make sure you look it over fully so you understand the terms. Also, ask questions if you’re not certain about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
- Solar Panel Brands: Different companies carry different brands and kinds of panels. If you want a specific brand, make sure the solar panel installer you’re considering has it.
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 Worland, WY Solar Cost FAQs
How much does it cost to install solar panels in Worland?
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 extra solar equipment or more efficient panels, or if you have higher-than-average energy consumption. On the flip side, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
Is cost the most important thing to keep in mind when buying solar panels?
Cost is definitely one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Is it worth going solar in Worland?
Whether or not solar panels are worth it depends on some different 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 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 household 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.