Cost of solar in American Fork, UT

Electricity Consumption in American Fork

Electricity Consumption by Utah residents averages 793 kWh per month. It ranks #14 in the nation for savings from installing solar panels on the home.

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Solar power in American Fork, Utah

Rocky Mountain Power provide net metering to their American Fork solar customers. Net metering credits each kWh exported to the grid at the same value as another drawn from the grid. With solar producing the most during the day when people are usually out of the house net metering makes paying off your electric bill easy. Sadly you can only carry over credit to reduce bills within the same 12 month billing cycle, any credit left at the end of the 12 months expires without compensation.

25% of the system cost up to $2,000 may be claimed as a deduction to state taxes. After the state tax deduction you may also claim 30% of the system cost as a federal tax deduction. The federal solar tax credit has no size limit and can be spread over many years. With incentives this good solar is an easy choice, don't wait for them to expire!

Even if you are not convinced about solar we recommend that at the very least you use the solar panel calculator to find out:

 

Estimate your solar savings

 

Solar power in Utah

The average cost of installing residential solar panels in American Fork, Utah in 2018 is $3.44 per watt. The average system size in the US is 6 kilowatts, which means the average price of a solar system in American Fork, UT is $17,200. (before claiming 30% tax credit and other rebates)

What does the cost of a real solar system look like?

Facts about installing a 5.22kW solar system in American Fork, UT

This system would offset 100% of your energy usage if your typical monthly bill is $82, however your situation may vary so try our solar calculator to get a result tailored to you.

$11,499

Net cost of system
Cash - after 30% solar tax credit

9 Years 7 Months

Average payback time

7,569
kWh

Annual power production


/kWh

levilized cost of solar energy

23¢
/kWh

If you don't get solar
The forecast average utility price over the next 25 years

Cash flow graph based on cash purchase of this 5.22kW system

Life-time savings on this system over the next 25 years

$27,144

(Prices shown after repayments of capital)

 


 

Solar companies in American Fork, UT that provide pricing through the Solar-Estimate marketplace

69

 


Solar calculator and quote comparison tool

Average total cost of solar panel installation in Utah

System Size Cash purchase
After 30% solar tax credit
Financed purchase
After 30% solar tax credit
3kw $7,938 $8,573
4kw $10,276 $11,098
5kw $12,460 $13,457
6kw $14,448 $15,604
7kw $16,317 $17,622
8kw $18,032 $19,475
9kw $19,593 $21,160
10kw $21,000 $22,680

 

Design your own solar panel system for your home

Going solar in Utah

Check out all of the ways energy providers of Utah can help you be more energy efficient and save money.

The following programs are available:
Incentive Name Eligibility Type
Residential Renewable Energy Tax Credit Federal Personal Tax Credit
Renewable Energy Systems State Tax Credit State Personal Tax Credit
Find your local rebates and incentives

Please keep in mind that the best source of up-to-date information on incentives are the solar installers who specialize in your area.