Solar Panels Cost $7.5k-$17k in Bannock County, ID | November, 2024
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How much do solar panels cost in Bannock County, ID in 2024?
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For the month of November, 2024, the cost per watt for going solar in Bannock County, ID is $3.61/W, on average.
Stemming from the rate, you can come to the conclusion that for every 1 kW (1000 watts) your solar system can generate, you will need to invest $3,610 to have it installed. Typically, the expense for a 5 kW solar setup in Bannock County, after the 30% federal tax credit, comes to $12,635. Remember, a bigger system may be essential to ensure your energy needs are met effectively.
By selecting your county on the left, you can find out the typical roof size and the maximum capacity for residential solar on homes in your area. The following summary, below, highlights the price, payback period, and 20-year average savings for a 5 kW system in your county.
Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Bannock County: $12,635US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Bannock County: 10 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Bannock County: $7,716US Average: $16,169
Solar Potential in Bannock County
Estimated system size and solar electricity production per median viable roof in Bannock County.
Roof size 679sq. ft.
Capacity 9.5kW DC
Electricity 12.5kkWh AC per yr.
Electricity Costs in Bannock County, ID & What that Means for Your Solar Panel Pricing
An energy consumer in Bannock County typically uses 906 kWh per month, leading to an average electric bill of 107.36. These statistics also reflects the energy consumption patterns of smaller residences, such as apartments.
In November 2024, the electricity rate in Bannock County, ID averages 11.85¢ per kWh.
Before incentives, a 7 kW solar installation is priced at about $25,270, with the federal tax credit providing 30% back, reducing the price to $17,689.
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in Bannock County
To the left and below, you can find a detailed price breakdown for various solar panel system sizes installed in Bannock County. A bigger solar array will naturally cost more, but it will also provide higher electricity savings and increased income tax credits.
The breakdown of costs and benefits for solar panels, displayed in the calculator to the right and below, is based on an average electric bill of $107.36 in Bannock County. If you desire personalized results, modify the $107.36 to your average electricity bill amount.
System Size
Roof Size Min. space required
Electricity Value Annual Production
Est. Price
System Size 3kW
Roof Size Min. space required
215 ft²
Electricity Value Annual Production $568 a year
Est. Price
$7,581
Savings from a 3kWthis system
Est. yearly production 4,736 kWh
Est. monthly savings $47
Full payback in 6 years
Environmental Impacts
Reduces CO2 emissions by 0.97 tons a year
Equivalent to planting 44 trees a year
Equivalent to driving 2,390 mi less a year
System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $758 a year
Est. Price
$10,108
Savings from a 4kWthis system
Est. yearly production 6,314 kWh
Est. monthly savings $63
Full payback in 8 years
Environmental Impacts
Reduces CO2 emissions by 1.29 tons a year
Equivalent to planting 59 trees a year
Equivalent to driving 3,187 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $947 a year
Est. Price
$12,635
Savings from a 5kWthis system
Est. yearly production 7,893 kWh
Est. monthly savings $79
Full payback in 10 years
Environmental Impacts
Reduces CO2 emissions by 1.61 tons a year
Equivalent to planting 74 trees a year
Equivalent to driving 3,984 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,137 a year
Est. Price
$15,162
Savings from a 6kWthis system
Est. yearly production 9,472 kWh
Est. monthly savings $95
Full payback in 12 years
Environmental Impacts
Reduces CO2 emissions by 1.93 tons a year
Equivalent to planting 89 trees a year
Equivalent to driving 4,780 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,326 a year
Est. Price
$17,689
Savings from a 7kWthis system
Est. yearly production 11,050 kWh
Est. monthly savings $107
Full payback in 14 years
Environmental Impacts
Reduces CO2 emissions by 2.18 tons a year
Equivalent to planting 100 trees a year
Equivalent to driving 5,400 mi less a year
Bannock County Solar Panel Installation Incentives & Rebates | 2024
With the REAP Grant, up to 100% and no less than 80% of the installation costs for solar or wind turbines may be covered for rural small business owners and farmers. Curious if you fit this category? Check your eligibility with our REAP Grant eligibility tool.
For residential solar projects, most people are eligible for the 30% federal income tax credit, making solar a practical solution in numerous parts of the country. State and local efforts are also in place to enhance the growth of solar energy use.
A variety of utilities and governmental bodies in Idaho provide 7 solar rebate and incentive programs.
Solar incentives in IDIncentive Description Value
Questar Gas - Residential Energy Efficiency Rebate Programs
Value:Up to $50
Residential Questar Gas customers may be entitled to financial incentives for energy-efficient equipment or upgrades through the ThermWise program. Eligible projects will vary from time to time. Currently, HVAC and water heating/boiler systems, windows, insulation/weatherization, smart thermostats, and certain kitchen or laundry appliances may earn a rebate. To qualify, the equipment should conform to Questar's own standards and be installed by a participating program contractor. Additional information is available on the ThermSafe website.
Questar Gas - Home Builder Rebate Program
Value:Up to $50
Homebuilders in the Questar Gas service area are incentivized to follow energy-efficient building standards through the ThermSafe program. Rebates are offered for whole-house construction and specific parts and equipment. For the latter option, eligible projects will vary from time to time. Additional information and application forms are available from the ThermSafe website.
Questar Gas - Commercial Energy Efficiency Rebate Program
Value:Up to $75
Commercial Questar Gas customers may be entitled to financial incentives for energy-efficient equipment or building upgrades through the ThermWise program. Eligible projects will vary from time to time. Currently, HVAC and water heating systems, insulation/weatherization, and kitchen or laundry appliances may earn a rebate. The standard rebate amount is $1/saved therm for the first year, with a hard maximum of up to half of project costs. To apply, a business should submit a proposal with quantified details of expected gas usage reduction. Only projects approved with the proposal are eligible for incentives. Additional information is available from the ThermSafe website.
Idaho Power - Net Metering
Value:Varies
Idaho Power (IDP) is one of three Idaho utilities that may sign independent net metering contracts with renewable energy customers. Eligible generation technologies for net metering include solar, wind, biomass, fuel cell, and hydroelectric. At the beginning of the contract period, IDP will install or activate a bidirectional meter tracking net excess generation (NEG) sent back to the grid. Customers will receive monthly bill credits for NEG at a fixed rate. Should generation exceed consumption for a certain billing cycle, credits roll forward through the end of the year, at which point IDP will mail the customer a check for the outstanding amount. Certain capacity ceilings apply. Additional information is available through the IDP website.
Avista Utilities - Net Metering
Value:Varies
Avista Power is one of three Idaho utilities that may sign independent net metering contracts with renewable energy customers. Eligible generation technologies for net metering include solar, wind, biomass, fuel cell, and hydroelectric. At the beginning of the contract period, Avista will install or activate a bidirectional meter tracking net excess generation (NEG) sent back to the grid. Customers will receive monthly bill credits for NEG at a fixed rate. Should generation exceed consumption for a certain billing cycle, credits roll forward through the end of the year, at which point Avista will mail the customer a check for the outstanding amount. Certain capacity ceilings apply. Additional information is available through the Avista website.
Low-Interest Energy Loan Programs
Value:Varies
Residents and businesses in Idaho may be eligible for special financing on energy efficiency improvements through the State Energy Loan Program (SELP). Projects that qualify for loans include lighting, windows, insulation/weatherization, HVAC, certain large appliances, and new renewable energy systems (solar PV, small turbines, etc.) SELP applicants are subject to standard credit checks and must provide property or equipment collateral to secure the loan. Once approved, interest rates remain at 4% for a maximum 5-year payment term. A $100 (residential) or $250 (commercial) administrative fee must be paid between project approval and the credit check. Additional information is available from the Idaho Office of Energy Resources website.
Rocky Mountain Power - Net Metering
Value:Varies
Rocky Mountain Power is one of three Idaho utilities that may sign independent net metering contracts with renewable energy customers. Eligible generation technologies for net metering include solar, wind, biomass, fuel cell, and hydroelectric. At the beginning of the contract period, RMP will install or activate a bidirectional meter tracking net excess generation (NEG) sent back to the grid. Customers will receive monthly bill credits for NEG at a fixed rate. Should generation exceed consumption for a certain billing cycle, credits roll forward through the end of the year, at which point RMP will mail the customer a check for the outstanding amount. Certain capacity ceilings apply. Additional information is available through the RMP website.
Are solar panels worth it in Bannock County, ID?
For homeowners in Bannock County planning to remain in their homes after the payback period for solar panels, solar energy is a smart choice. Installing a 5 kW solar system in Bannock County, ID will, on average, save you $13,131.4 over 20 years, and you can expect to break even in about 10 years.
The cost of not having solar panels in Bannock County, ID
The absence of solar panels or another backup power source means missing out on the previously highlighted savings and full dependence on your electric utility for power. As recent examples in the news have shown, total dependence on your utility provider is not always ideal.
Recently, utilities in Bannock County have averaged an average of 1.06 outages per customer annually. On average, an outage lasts 124.96 minutes. When major events such as construction accidents, equipment failure or earthquakes occur, these durations can increase significantly
Take a look at the info below to see the number of current electricity customers without power in Bannock County.
A solar energy system, with or without a backup battery, could help reduce the effects of any future power interruptions you might experience.
Power Outages
Currently, 0 customers are being tracked in Bannock County.
What impacts the cost of solar panels in Bannock County, ID?
Your Energy Needs - Even if the initial expense is greater, the price per watt decreases with larger solar panel systems. Consumers often find that setting up a solar system that can fully cover their electric bill is extremely useful. This method leads to greater savings.
Make & Model - There are a variety of makes and models of solar panels. Because the installer you select might have specific brand preferences, choosing a reputable installer is especially important. For consumers wanting a superior long-term experience, opting for better quality models is important.
Solar Panel Type - Monocrystalline panels have earned their place as the standard in the industry, and for valid reasons. Although the cost is higher, they provide more energy. The majority of installers use these panels.
Your Property - Every home and property differs in its own way. Challenges like sloped land, trees, or other hindrances can increase the difficulty of installing solar panels. Many solar installers now are able to leverage satellite imagery to evaluate your home and incorporate these factors in the preliminary cost estimate.
Labor Rates - Employees get varying wages from different companies, and these costs are handed down to the consumers. Companies that invest in higher wages usually see higher reviews for their services and customer service.
Permitting & Interconnection - Your final installation price will be influenced by the permitting and utility interconnection fees, which vary by area. Good local installers will build these figures into your preliminary estimates to eliminate any surprises.
See what solar panels cost in other Bannock County cities
Solar systems for selling electricity back to the grid.
Consulting on all things solar related.
Bannock County, ID Solar Panel Cost FAQs
The average solar panel cost in Bannock County, ID as of November, 2024 is estimated at $3.61/W. After federal tax credits, the installation of a 5 kW solar panel system in Bannock County, ID is estimated to cost $12,635.
There are 7 rebates and incentives available in Idaho from a range of utility providers and government organizations. On top of that, most individuals are eligible for the 30% federal income tax credit.
Cash payments provide the greatest savings, but numerous financing options for solar panels that are financially advantageous are now available. Many installers work with financing partners and will include this information in your initial quotes.
Yes, the typical payback time for 5 kW solar panel systems in Bannock County, ID is 10 years, and the expected electricity cost savings over 20 years is $13,131.4.
Savings from 
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