What Should You Pay For Solar In Wyoming?

Find Out For Your Home Based On Recent Installations In Your ZIP

Solar power in Wyoming

Last fact checked on July 30, 2019 by Catherine Lane

There is some room for improvement when it comes to solar power in Wyoming. There are no state-based or utility-based incentives for installing solar. Also, there is no renewable portfolio standard, which is often what pushes utilities to create rebates for customers. 

The bright side is that Wyoming receives a lot of sunlight, so a solar system here will produce more than a system would in other parts of the country. 

Also, Wyoming has a statewide net metering policy in place so that solar customers receive compensation for the excess generation their solar system produces. Not to mention, Wyoming residents can take advantage of the 30% federal tax credit, as well.

 

Estimate your solar savings

 

Solar power in Wyoming

Wyoming solar power facts

$3.56
/watt

Average cost of a 5kw solar power system in 2019
Price shown before incentives

8 Years 10 Months

Average payback time

$28,736

Average lifetime savings
Price shown after repayments of capital


/kWh

levelized cost of solar energy

30¢
/kWh

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

5,857
kWh

Annual power production

Cash flow graph based on cash purchase of a 4.06kW system

This 4.06kW system would offset 100% of your energy usage if your typical monthly bill in Wyoming is $82, however your situation may vary so try our solar calculator to get a result tailored to you.


Best solar offers currently available in Wyoming


Solar calculator and quote comparison tool

Compare solar quotes from the top solar companies in Wyoming

How much do solar panels cost in Wyoming

$3.56 per watt

Cash purchased solar system
Before 30% solar tax credit

$4.06 per watt

Financed solar system
Before 30% solar tax credit

N/A cents/kWh

Lease/PPA
Av. 15 year term, 2.5% price escalator

What are the pros and cons of buying solar panels for your home in Wyoming

The advantage of installing solar panels in Wyoming is the state’s net metering policy. Also, the state receives an abundant amount of sunshine, so a solar system here will produce more electricity than it would in other areas within the US.  

SolarPowerRocks provides a great breakdown of solar incentives and policy for each state within the US.

The disadvantage of installing solar panels in Wyoming is that there are no state or utility-based incentives. Wyoming residents won’t be able to save as much as residents of other states. 

However, the combination of full retail net metering and the 30% federal tax credit still creates an opportunity for great savings. The federal tax credit starts to decrease in 2020, so the best time to make the switch to solar in Wyoming is now!

Enter your details to calculate the cost and savings you are likely to get from installing solar panels for your home.

Find local city information


Best brands of solar panels

To find the best brands of solar panels you can use America's most trusted solar panel comparison and reviews website, SolarReviews.

However, reviews of solar panels can be a bit meaningless because most consumer owners have not had any issues and so whilst solar company reviews are very important when choosing solar installers they are of less use when choosing solar panels.

For more information to help you make an informed decision about this topic, I would recommend this article about buying solar panels.

 

Unlock live pricing on the best solar panel brands!

 

How much electricity will solar panels produce in Wyoming

Solar panels produce different amounts of energy in different locations.

Around the Cheyenne area solar panels installed on a south facing 30 degree pitch roof will typically produce:

1,610kWh per year per 1kw of peak DC (direct current) capacity

For more information about how your location, roof direction and roof tilt affects solar power production use the solar panels calculator and enter your zipcode below.

 

See how much electricity your solar panels could produce

I want to buy a solar panel kit and install it myself

What rebates, solar tax credits, and other solar incentives are available in Wyoming?

Net metering in Wyoming

Solar, by its nature, generates the most power during the middle of the day when most people are at work or school and little power is being used in the home. The net metering policy in Wyoming mandates that for every surplus kilowatt hour (kWh) generated by solar (like the excess energy your system creates during the day) a utility must provide compensation, either as a kWh credit or at another rate that must be approved by the Public Utilities Commission. 

However, net metering is only available for systems up to 25 kilowatts (kW) in size. Most residential systems are smaller than this, but this means that larger systems, like those on businesses, are not eligible for net metering.

Wyoming Solar Calculator

Regardless of what you want to know about the economics of installing solar panels for your home or business in Wyoming we have a solar calculator that can show you exactly the information your require.


 


 

What you can find out about installing solar panels in Wyoming using our full monthly solar calculator

This solar calculator requires you to input your address, utility company, your average monthly power spend - It tells you:

If you want to see all of the above but also see live pricing, the three best solar deals available in your city and get binding quotes from each of these solar companies then use this Wyoming solar panels calculator. This calculator requires you to also input your name and contact details because most of our 200+ installer partners will only authorize the sharing of their live solar pricing where we have validated that you are a real homeowner with a home in their service area. We respect the privacy of your data and only share your contact details with the solar companies you ask us to get binding quotes from.

 

Unlock live pricing in your state!

 

Solar calculator

Going solar in Wyoming

Check out all of the ways energy providers of Wyoming 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
Net Metering State Net Metering
Find your local rebates and incentives

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