Cost of solar in Syracuse, UT

Electricity Consumption in Syracuse

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 Syracuse, Utah

RMP do offer some okay incentives for their solar customers, although their net metering plan is a bit below average, a state tax credit is available and if you're lucky a rebate. Under RMP's net metering customers are credited at the retail rate for power for their unused solar generation and after covering the cost of power drawn from the grid credit is given at the retail power rate and can be carried forward to be used on bills within the same 12 month cycle. Sadly if more power is exported than consumed at the end of the year no compensation is offered however just being able to wipe out your bill is nice. At the start of each year RMP does offer a $1,100 per kW rebate up to $4,400 however, only enough funding is provided to offer 125 $4,400 rebates so the program ends quick!

Utah does offer a 25% of the system cost tax credit up to $2,000. There is also the 30% federal solar tax credit at 30% regardless of system size. You may also spread this over several years. Do note that the federal solar tax credit covers 30% of the remaining cost after rebates and other tax credits. Incentives are excellent making solar a must have home investment in Syracuse.

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 Syracuse, 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 Syracuse, 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 5.46kW solar system in Syracuse, UT

This system would offset 100% of your energy usage if your typical monthly bill is $84, however your situation may vary so try our solar calculator to get a result tailored to you.

$11,977

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

9 Years 8 Months

Average payback time

7,753
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 5.46kW system

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

$27,515

(Prices shown after repayments of capital)

 


 

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

60

 


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.