Cost of solar in Salt Lake City, UT

Electricity Consumption in Salt Lake City

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 Salt Lake City, Utah

Rocky Mountain Power value every kWh of unused solar generation at retail value under their net metering program. When more energy is sent to the grid than consumed you will receive no bill and credit will be carried forward to future months at the same rate (remaining credit will expire at the end of the yearly billing cycle). 

Utah currently offers a state tax credit of 25% up to $2,000 used prior to the 30% federal ITC. With about 40% of upfront costs covered and net metering wiping out all or most of your power bill there isn't a reason not to go solar in Salt Lake City. Incentives are only going to decline as your power bill increases. Even if you aren't quite sure a free estimate by entering your zip code below can help you work out where you stand.

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 Salt Lake City, 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 Salt Lake City, 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 5.77kW solar system in Salt Lake City, UT

This system would offset 100% of your energy usage if your typical monthly bill is $80, however your situation may vary so try our solar calculator to get a result tailored to you.

$12,615

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

10 Years 6 Months

Average payback time

8,205
kWh

Annual power production


/kWh

levilized cost of solar energy

21¢
/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 5.77kW system

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

$24,452

(Prices shown after repayments of capital)

 


 

Solar companies in Salt Lake City, UT that provide pricing through the Solar-Estimate marketplace

83

 


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.