Cost of solar in Pleasant Grove, UT
Electricity Consumption in Pleasant Grove
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.
Find local city information
Solar power in Pleasant Grove, Utah
RMP offers a pretty average net metering plan to its solar customers. Each kWh of unused solar generation sent to the grid offsets the cost of drawing a kWh at a later time eg. at night or on a cloudy day. RMP does let you use excess credit after covering your bill to offset the cost of future bills but they do not credit your account if at the end of the billing cycle you still have credit, it just disappears.
There is a state tax credit for 25% of the system cost up to $2,000. After deducting the state tax credit you may claim 30% of the remaining cost as a deduction to federal taxes. This incentive may be spread over several years and no matter the system size 30% is always covered. Overall incentives are great in Pleasant Grove and with RMP trying to reduce net metering even further don't wait another moment!
Even if you are not convinced about solar we recommend that at the very least you use the solar panel calculator to find out:
- How many solar panels you need to cover your power bill;
- How suitable your house is for solar;
- What incentives your house may be eligible for;
- The cost of solar panel installation in Pleasant Grove and whether you are eligible for zero down solar deals; and
- Your likely payback period and return on investment from installing solar
Estimate your solar savings
The average cost of installing residential solar panels in Pleasant Grove, 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 Pleasant Grove, 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 5.28kW solar system in Pleasant Grove, UT
This system would offset 100% of your energy usage if your typical monthly bill is $83, however your situation may vary so try our solar calculator to get a result tailored to you.
$11,610
Net cost of system
Cash - after 30% solar tax credit
9 Years 6 Months
Average payback time
7,661
kWh
Annual power production
6¢
/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 5.28kW system
Life-time savings on this system over the next 25 years
$27,515
(Prices shown after repayments of capital)
Solar companies in Pleasant Grove, UT that provide pricing through the Solar-Estimate marketplace
69
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.