Solar Panels Cost 7.3k-17k in Chubbuck, ID | October, 2024

Solar Panels Cost $7.3k-$17k in Chubbuck, ID | October, 2024

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How much do solar panels cost in Chubbuck, ID in 2024?

For the month of October, 2024, the cost per watt for solar systems in Chubbuck, ID is $3.48/W.

Expect to pay $3,480, on average, for every 1000 watts (or 1 kW) of solar energy your system can generate. We are able to come to this conclusion by using this rate price cost per watt. In Chubbuck, the cost of a 5 kW solar system is typically $12,180, after the 30% federal tax credit. Please keep in mind that a more extensive system could be necessary to meet your energy requirements.

To the left, you can choose your county to view the average roof size and the maximum capacity of solar panels for houses in your area. Displayed below is an outline of the costs, payback period, and 20-year average savings for a 5 kW system installed in your county.

Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Chubbuck: $12,180US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Chubbuck: 9 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Chubbuck: $8,503US Average: $15,784

Solar Potential in Chubbuck

Estimated system size and solar electricity production per median viable roof in
Chubbuck.

Roof size 679sq. ft.
Capacity 9.5kW DC
Electricity 12.5kkWh AC per yr.

Electricity Costs in Chubbuck, ID & What that Means for Your Solar Panel Pricing

Chubbuck residents generally consume 908 kWh of electricity each month, with bills around $107.93. These statistics also reflects the energy consumption patterns of smaller residences, such as apartments.

Chubbuck, ID's electricity rate is 11.89¢ per kWh in October 2024.

For the typical energy consumer in Chubbuck, a system size of 7 kW or more is needed to cover their full power consumption demands. Right now, a 7 kW solar panel installation will cost you approximately $24,360, but the federal tax credit reduces the price by 30%, making it $17,052.

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Average solar panel costs by system size in Chubbuck

On your left, you will see a detailed cost analysis for various solar panel system sizes set up in Chubbuck. When you opt for a bigger solar system, the cost is greater, but it also leads to more significant electricity savings and a larger income tax credit.

The calculator below and to the right offers a detailed summary of solar panel costs and benefits, based on an average electric bill of $107.93 in Chubbuck. Custom results can be achieved by changing the $107.93 to your usual bill amount.

System Size 3kW
Roof Size Min. space required
215 ft²
Electricity Value Annual Production $568 a year
Est. Price
$7,308
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 0.9 tons a year
  • Equivalent to planting 41 trees a year
  • Equivalent to driving 2,236 mi less a year
System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $758 a year
Est. Price
$9,744
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 1.2 tons a year
  • Equivalent to planting 55 trees a year
  • Equivalent to driving 2,981 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $947 a year
Est. Price
$12,180
Savings from a 5kWthis system
  • Est. yearly production 7,893 kWh
  • Est. monthly savings $79
  • Full payback in 9 years
Environmental Impacts
  • Reduces CO2 emissions by 1.51 tons a year
  • Equivalent to planting 69 trees a year
  • Equivalent to driving 3,726 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,137 a year
Est. Price
$14,616
Savings from a 6kWthis system
  • Est. yearly production 9,472 kWh
  • Est. monthly savings $95
  • Full payback in 11 years
Environmental Impacts
  • Reduces CO2 emissions by 1.81 tons a year
  • Equivalent to planting 83 trees a year
  • Equivalent to driving 4,472 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,326 a year
Est. Price
$17,052
Savings from a 7kWthis system
  • Est. yearly production 11,050 kWh
  • Est. monthly savings $108
  • Full payback in 13 years
Environmental Impacts
  • Reduces CO2 emissions by 2.06 tons a year
  • Equivalent to planting 95 trees a year
  • Equivalent to driving 5,099 mi less a year

Chubbuck Solar Panel Installation Incentives & Rebates | 2024

If you run a small business or farm in a rural area, you could receive REAP Grant support that covers 80% to 100% of your solar or wind turbine installation costs. Believe you fit this category? Check your qualification with our REAP Grant eligibility tool.

Adding residential solar panels comes with a 30% federal tax credit, available to most homeowners, making it a good option for numerous areas across the country. Alongside federal efforts, state and local programs help to encourage the use of solar power.

Idaho features 7 solar rebate and incentive initiatives available from different utilities and government organizations.

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 Idaho?

If you're intending to stay in your home past the period required to pay back your solar investment, opting for solar panels is a wise decision in Chubbuck. A 5 kW system in Chubbuck, ID will enable you to save the average homeowner, on average, $13,723.2 over a 20 period and the average break even point is 9 years.

The cost of not having solar panels in Chubbuck, ID

In addition to forgoing the savings, the absence of solar panels or another backup energy source results in full dependence on your electric utility for your power needs. Recent news stories have demonstrated that complete dependence on your utility is not always ideal.

Lately, customers in Chubbuck have typically experienced 0.97 utility outages per year. The average duration of each outage is 140.25 minutes. During severe events like vandalism, overloaded power grids or landslides, these times can grow significantly longer.

Whether or not a backup battery is included, a solar panel system could ease the impact of future power outages you might experience.

Power Outages

Currently, 0 customers are being tracked in Bannock County.

Learn more

Customers Out:

0

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What impacts the cost of solar panels in Chubbuck, ID?

Your Energy Needs - The upfront cost for larger solar panel systems is larger, but the cost per watt decreases as the system size increases. Many people find it advantageous to set up a solar energy system that can fully cover their entire electric bill. This ensures optimal savings.

Make & Model - Similar to other items, solar panels come in a variety of makes and models. As your installer may prefer certain systems, it's essential to choose a reputable contractor. Higher quality makes and models often result in a more satisfactory long-term experience for buyers.

Solar Panel Type - For numerous good reasons, monocrystalline panels are now the standard in the industry. They are associated with a higher price, but they provide more energy. Most solar panel installers opt for this kind of material.

Your Property - Elements such as trees, sloping terrain, or other obstructions might complicate the installation process. Using satellite imagery, solar installers can now assess your home and include these considerations into the initial cost estimate.

Labor Rates - Different companies have varying pay scales for their employees, and these costs are ultimately passed on to consumers. Businesses that invest in higher wages often see higher reviews for their work and customer service.

Permitting & Interconnection - Local permitting and utility level interconnection fees change by area and will affect your final install price. Experienced local installers will incorporate these numbers into your first quotes to prevent any surprises.

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Who are the best solar installers in Chubbuck?

Freedom Forever

Temecula, CA(800) 685-1850

Services

  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

Douglass Colony Group

Commerce City, CO(877) 288-0650

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Reparation of solar arrays.

Powur PBC

Del Mar, CA(866) 467-6987

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.

RISE Power

Richardson, TX(855) 747-3769

Services

  • Monitoring of independent energy generation.
  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Consulting on all things solar related.

Hunt Electric

Salt Lake City, UT(801) 975-8844

Services

  • Installation of solar arrays.
  • Solar systems for selling electricity back to the grid.
  • Installation of batteries for energy storage.

Creative Energies

Salt Lake City, UT(801) 487-6489

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.

SunPower Corporation

San Jose, CA(800) 786-7693

Services

  • Consulting on all things solar related.
  • Solar systems for selling electricity back to the grid.
  • Monitoring of independent energy generation.
  • Installation of batteries for energy storage.
  • Reparation of solar arrays.
  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

Fluent Solar

Lindon, UT(866) 736-1253

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

Knight Electric

Ogden, UT(801) 782-8219

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Reparation of solar arrays.

Entegrity

Little Rock, AR(800) 700-1414

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.

Altenergy

Charlottesville, VA(434) 293-3763

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

Infinity Energy

Rocklin, CA(888) 244-2513

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.

Empire Solar Group

Salt Lake City, UT(800) 467-4562

Services

  • Installation of solar arrays.
  • Solar systems for selling electricity back to the grid.
  • Installation of batteries for energy storage.

Chubbuck, ID Solar Panel Cost FAQs

  • As of October, 2024, the average cost for solar panels in Chubbuck, ID is $3.48/W. In Chubbuck, ID, installing a 5 kW solar panel system will set you back approximately $12,180 after federal tax incentives.

  • Utilities and government agencies in Idaho are currently offering 7 different rebates and incentives. Furthermore, almost all individuals are entitled to the 30% federal income tax credit.

  • Opting to pay in cash provides the highest savings, but there are now various financing options for solar panels that are financially beneficial. Many installers will detail information about financing options in their initial quotes.

  • Yes, in Chubbuck, ID, the average payback period for 5 kW solar panels is 9 years, resulting in average electricity savings of $13,723.2 over 20 years.
Matt Hope
Last Reviewed By: Matt Hope
Published: 2024-10-01