Solar Panels Cost $8.7k-$17k in Canyon County, ID | November, 2024
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How much do solar panels cost in Canyon County, ID in 2024?
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Getting solar panels costs about $3.12/W in November, 2024 in Canyon County, ID.
Using this rate per watt, expect the price to be $3,120, on average, for every 1000 watts (or 1 kW) of solar energy your system will need to produce. With a 30% federal tax credit, the average expense for a 5 kW system in Canyon County is about $10,920. A larger system may be required to ensure your energy needs are met.
To the left, you have the option to select your county and find out the average roof size along with the average maximum capacity for residential solar in homes in your area. Displayed below is a summary of the costs, 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.
Canyon County: $10,920US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Canyon County: 8 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Canyon County: $10,790US Average: $16,169
Solar Potential in Canyon County
Estimated system size and solar electricity production per median viable roof in Canyon County.
Roof size 822sq. ft.
Capacity 11.5kW DC
Electricity 15.5kkWh AC per yr.
Electricity Costs in Canyon County, ID & What that Means for Your Solar Panel Pricing
The average electric bill for an electricity consumer in Canyon County is 109.96 and the average number of kWh used each month per household is 927. Small houses, such as studios and apartments, are also factored in the numbers cited in the prior sentence.
Canyon County, ID's electricity rate is 11.86¢ per kWh in November 2024.
The estimated cost for an 8 kW solar panel installation will be $24,960 before incentives, but after a 30% federal tax credit, the price is $17,472.
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in Canyon County
On the left, you will find a cost breakdown for various solar panel system sizes installed in Canyon County. The initial cost for bigger solar systems is larger, but they also offer more significant electricity savings and higher income tax credits.
View a cost benefit analysis in the solar panel cost calculator down and to the right, for an average electric bill of $109.96 in Canyon County. For results that are customized, change the $109.96 to reflect your average electricity bill.
System Size
Roof Size Min. space required
Electricity Value Annual Production
Est. Price
System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $723 a year
Est. Price
$8,736
Savings from a 4kWthis system
Est. yearly production 6,028 kWh
Est. monthly savings $60
Full payback in 7 years
Environmental Impacts
Reduces CO2 emissions by 1.18 tons a year
Equivalent to planting 54 trees a year
Equivalent to driving 2,925 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $904 a year
Est. Price
$10,920
Savings from a 5kWthis system
Est. yearly production 7,535 kWh
Est. monthly savings $75
Full payback in 8 years
Environmental Impacts
Reduces CO2 emissions by 1.48 tons a year
Equivalent to planting 68 trees a year
Equivalent to driving 3,657 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,085 a year
Est. Price
$13,104
Savings from a 6kWthis system
Est. yearly production 9,042 kWh
Est. monthly savings $90
Full payback in 10 years
Environmental Impacts
Reduces CO2 emissions by 1.77 tons a year
Equivalent to planting 81 trees a year
Equivalent to driving 4,388 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,266 a year
Est. Price
$15,288
Savings from a 7kWthis system
Est. yearly production 10,549 kWh
Est. monthly savings $105
Full payback in 12 years
Environmental Impacts
Reduces CO2 emissions by 2.07 tons a year
Equivalent to planting 95 trees a year
Equivalent to driving 5,119 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,447 a year
Est. Price
$17,472
Savings from a 8kWthis system
Est. yearly production 12,056 kWh
Est. monthly savings $110
Full payback in 13 years
Environmental Impacts
Reduces CO2 emissions by 2.16 tons a year
Equivalent to planting 99 trees a year
Equivalent to driving 5,338 mi less a year
Canyon County Solar Panel Installation Incentives & Rebates | 2024
Eligible rural small businesses and agricultural operations might have their photovoltaic or wind turbine installation costs covered by the REAP Grant, ranging from 80% to 100%. Believe you fit the criteria? Confirm your eligibility with our REAP Grant eligibility tool.
Homeowners can take advantage of a 30% federal income tax credit for setting up residential solar panels, which makes solar power a feasible option in much of the country. Together with federal efforts, state and local programs help to support the use of solar power.
Idaho features 7 solar rebate and incentive initiatives provided by multiple utilities and government organizations.
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 Canyon County, ID?
If you plan living in your home longer than the solar system's payback period, installing solar panels is an smart decision in Canyon County. If you install a 5 kW solar system in Canyon County, ID, you might save $15,470.4 over 20 years on average, with a break even point at approximately 8 years.
The cost of not having solar panels in Canyon County, ID
The absence of solar panels or an alternative energy backup means that you forgo the savings mentioned earlier and are wholly reliant on your electric utility for electricity. As shown by numerous recent news reports, complete dependence on your utility is not always ideal.
On average, customers in Canyon County have faced 1.16 utility outages per year over the past few years. The typical duration of each outage is 142.53 minutes. When significant events such as lightning strikes, overloaded power grids, or planned maintenance occur, these time frames can become much longer.
Take a look at the component below to see the number of current electricity customers without power in Canyon County.
A solar energy system could reduce the effects of future outages, whether or not it has a backup battery.
Power Outages
Currently, 0 customers are being tracked in Canyon County.
What impacts the cost of solar panels in Canyon County, ID?
Your Energy Needs - Investing in larger solar panel systems costs more upfront, but the price per watt is decreased as the system size grows. Installing a solar panel system that can cover the electric bill is useful to individuals because of the reduced long-term costs.
Make & Model - Just like other products, solar panels come in a wide variety of makes and models. The system preferences of your chosen installer can make it essential to choose a reputable company. Opting for better quality equipment can provide a much better long-term experience for the buyer.
Solar Panel Type - For valid reasons, monocrystalline panels have become the standard in the industry. They are costlier but provide more energy. Many professionals in solar installation work with panels made from this material.
Your Property - Every home and property differs in its own way. Challenges such as sloping terrain, trees, or other considerations can increase the difficulty of installing solar panels. Solar installers now have the ability to leverage satellite images to evaluate your home and include these considerations in the initial cost estimate.
Labor Rates - The pay employees receive from their employers differ, and these expenses are borne by the consumers. Paying higher wages frequently results in companies receiving better reviews for their work and customer service.
Permitting & Interconnection - Permitting and utility interconnection fees differ locally and will influence your installation cost. Quality local installers will integrate these numbers into your initial quotes to avoid any surprises.
See what solar panels cost in other Canyon County cities
Solar systems for selling electricity back to the grid.
Consulting on all things solar related.
Canyon County, ID Solar Panel Cost FAQs
In November, 2024, the typical price per watt for solar panels in Canyon County, ID is $3.12/W. The approximate cost of a 5 kW solar panel system in Canyon County, ID, after deducting federal tax credits, is $10,920.
Utilities and government agencies in Idaho are currently offering 7 different rebates and incentives. Furthermore, the majority of people qualify for the 30% federal tax credit.
Paying cash offers the highest savings, but there are now numerous financing options for solar panels that are also financially beneficial. Installers frequently provide financing options and will specify them in your initial quotes.
Yes, the average 5 kW solar panel payback time in Canyon County, ID is 8 years, with expected savings of $15,470.4 on electricity over 20 years.