Utah Solar Information

Utah isn't a bad state for solar but far from the strongest. There is a state tax credit that reduces your income tax. Along with basically wiping out your state income tax although not required by the state the three major utilities servicing all of Idaho offer net metering. As always in Idaho you are entitled to the 30% federal tax credit.
  • #9
    Utah ranks in America for savings from installing solar panels on
  • #6641.90 kWh
    AC Energy output every year in Utah in 4 kW system
  • #5.60 kWh
    Solar Radiation (kWh / m2 / day)
  • 10 ¢ /kWh
    The cost of electricity today in PacifiCorp
  • 22 ¢ /kWh
    If you don't get solar. The forecast average utility price over the next 25 years

California Solar Facts

  • $1.62
    Average cost of a 4kw solar power system in 2019.
  • 5 years
    Average system payback period.
  • $45 926
    Average lifetime savings.
  • 4 ¢ /kWh
    Levelized cost of solar energy.
  • 4 kW
    Recommended system size.

With so much sunshine and vast, open spaces, Utah ranks 9th in solar power compared to other states. The state receives a lot of sunlight throughout the year and has a great potential not only to become one of the leaders in solar adoption, but also a leader in solar energy generation in the nation. With almost perfect environmental conditions for solar and strong support from local utilities and state, it is definitely worth it to install a PV system in Utah.

Utah Solar Facts

  • Some of the largest retailers in Utah including IKEA and Patagonia have already switched to solar.
  • The total solar investment in the state is over $2,6 billion.
  • Utah’s law mandates that 20% of all state’s electricity should come from renewable sources by the year 2025.
  • Utah has one of the best Net Metering programs and Interconnection rules in the country. The application process is very simple, plus, the new solar power system does not need insurance coverage or external disconnect switch, which will save you even more money.

The Cost of Solar Panels in Utah

As of today, the average price of solar panels in Utah is $3.22 per watt. The installation of a 5kW solar power system will cost about $15,000. This price does not reflect the Federal Investment Tax Credit or Utah State solar credit. The total price will fall by a few thousands of dollars after claiming these credits.

Utah Solar Rebates and Tax Credits

The Federal Investment Tax Credit – federal government program that compensates you for solar energy investment. In the year following the installation of your solar panels, you will deduct 30% of the cost of solar panels, solar equipment, and labor from your federal taxes.

Utah Solar Tax Credit - one of the best in the nation, Utah Solar Tax credit is available for everyone who is installing a solar power system. A residential system's tax credit is 25 % of the cost of buying and installing the system, up to a maximum of $2,000.

Utah’s Solar Incentives

Net Metering Program – all utility companies in Utah are required under the law to provide their customers with Net Metering. This program monitors the amount of electricity the solar power system generates, how much of it the consumer uses, and allows for any excess energy to be credited back to the customer’s next month's electric bill.

  • How much do solar panels cost in Utah
  • $1.62
    per watt
  • $5 953
    total
  • 5
    years

Pros and Cons of Buying Solar Panels in Utah

Pros:

  • +

    Relatively short payback period

    In the United States, the average solar payback period is about 8 years. You need to determine the gross price of the solar system and the annual advantages that come with solar to calculate the payback time. For many homeowners, lower prices of solar systems combined with the support from the local and federal government make payback period shorter. Typical solar payback time in Utah is around 11 years.
  • +

    After the payback period, solar power is free

    You will begin earning money when you break-even on your solar panel installation. In addition to generating free energy, the solar energy system also offers you the chance to sell unused electricity, thus making a profit.
  • +

    Great savings on a monthly electric bill

    Due to higher utility electricity rates, you will start benefiting financially by producing your own electricity once the solar energy system is installed. The larger the photovoltaic system you go with, the higher the savings could be. After installing solar panels, Utah residents may expect to save about $80-$90 per month on their electric bill.
  • +

    Helping the environment since solar energy is clean, sustainable, and renewable.

    Solar power is an energy source that is renewable and clean. Unlike traditional fossil fuel, solar energy does not contaminate water and atmosphere, as it does not generate greenhouse gases, and will help significantly reduce global warming emissions. Solar energy is available to us all over the world and is unlimited, unlike very restricted carbon energy sources.
  • +

    Support from the government and the state

    Solar panel installation prices continue to fall, reaching the most affordable prices in years. In addition, you can save thousands on the solar power system with the federal and state assistance in the form of the Federal Tax Credit, Utah Solar Credit and Net Metering program available to all residents in Utah.
  • +

    Very low maintenance

    Most solar panels involve very minimal maintenance, which consists only of a light cleaning process. Since solar panels do not have any moving components, there is no wear and tear with use, and there are extremely small chances of breakage.
  • +

    Excellent warranty protection

    All solar panels nowadays come with an efficiency guarantee and product guarantee. For most brands of solar panels, performance warranty ensures at least 25 years of effective energy production. Extended product warranties guarantee that any faulty equipment is repaired or exchanged for up to 25 years.
  • +

    Increase in the property value

    The latest research by the Appraisal Institute discovered that homes with solar panels are selling much quicker and at greater rates than households without solar energy systems. Homebuyers regard solar arrays as an upgrade and are prepared to pay an average of $15,000 more for a house with a PV system installed.

Cons:

  • -

    The possible high initial cost

    The price of solar panels is one of the primary disadvantages. The initial price of the solar power system will include the costs of solar panels, battery, inverter, all the required accessories, mounting equipment, and the installation itself. That expense can be quite large. Fortunately, the Federal Solar Tax Credit and state solar programs will reduce the cost by thousands of dollars. In addition, with technology moving forward, prices inevitably fall, making solar as affordable as ever.
  • -

    Need to have a large, open area for installation

    Solar panels depend highly on sunlight to produce solar energy, so they need to be installed on open, vast, shade-free areas for efficient operation. However, not everyone is interested in getting a solar power system has that much room on the roof of their house. The good news is that if they still have access to sunlight, solar panels can also be mounted on the ground.
  • -

    Must be a property owner to install

    Unfortunately, you may not be able to install solar panels yet if you are a renter. Solar power systems are only available to homeowners with good credit and good earnings as of today.

Is It Worth Going Solar in Utah?

When looking at the benefits and disadvantages of solar energy in Utah, it is clear that the benefits greatly outweigh the disadvantages. With such low solar rates and plentiful Utah sunshine, there has not been a better time to adopt solar, start producing your own electricity, and help to keep Utah green and beautiful.





According to PacifiCorp, we received the cost of kWH in your area and calculated energy consumption based on an average electricity bill for 3 months.
I am claiming the 30% Federal Tax Credit (ends 2019) i

When you install your solar system, 30% of your project expenses apply toward a credit to offset any taxes you owe that year. This federal tax credit is a major incentive to go solar, but it is being phased out by 2022.

Most people are eligible to claim this credit (you must owe federal taxes to be eligible).

Relevant product for your system

Entry-level solar panels
See all panels
Entry-level microinverter
See all microinverters
Entry-level inverter
See all inverters
  • Mini
  • Small
  • Medium
  • Large
We recommended
3.68 kW medium system size
Provides up to 80% of electricity consumption
$1.62 per watt
Average system cost
  • image rec 3
    12 x 325 watt
    solar panels
  • +
  • image rec 3
    12 x 300 watt
    microinverter
  • +
  • image rec 3
    1 x 5 000 watt
    inverter
$79.18
in month. Estimated savings
on your average quarterly bill
  • $5 952.91
    Estimated system cost
    Excludes 30% Federal Tax Credit.
    This price does not include the installation cost.
  • 5 years
    Average system
    payback period
  • $45 925.67
    Estimated utility savings

Example of 4 kW system calculation in Minnesota for electricity bill $100

  • 10 ¢ /kWh
    The cost of electricity today in PacifiCorp
  • 22 ¢ /kWh
    If you don't get solar. The forecast average utility price over the next 25 years
  • 4 ¢ /kWh
    levelized cost of solar energy

Get the results of the calculation in the mail

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