Solar Panels Cost 9.3k-18k in Hayden, ID | October, 2024

Solar Panels Cost $9.3k-$18k in Hayden, ID | October, 2024

High Power Bills?

Reduce or replace your electricity bill with solar

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

To go solar in October, 2024 in Hayden, ID is, on average, $3.35/W.

In accordance with this cost per watt, you can come to the conclusion that for every 1 kW (1000 watts) your solar panels can produce, you will need to invest, on average, $3,350 for installation. In Hayden, you will spend about $11,725 for a 5 kW panel install once the 30% federal income tax credit is factored in. However, a 5kW system may not be sufficient to fulfill your energy demands.

To the left,choose your area to determine the average roof size and the average maximum capacity of solar panels for homes in your county. Below is a complete 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.
Hayden: $11,725US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Hayden: 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.
Hayden: $11,661US Average: $15,784

Solar Potential in Hayden

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

Roof size 787sq. ft.
Capacity 11kW DC
Electricity 12.6kkWh AC per yr.

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

In Hayden, the standard electric bill is $118.38 per month, and residents use 1,024 kWh. These statistics also account for apartments and other compact residences with less energy needs.

As of October 2024, the mean rate for electricity per kWh in Hayden, ID is 11.56¢.

In Hayden, average consumers need a system size of 8 kW or greater to fully satisfy their full energy consumption requirements. Currently, an 8 kW setup costs around $18,760 after incentives.

Go Solar for less than your cell phone bill.

Average solar panel costs by system size in Hayden

Shown on the left, you will find a price breakdown for different solar panel system sizes set up in Hayden. Although a more extensive solar installation does come with a higher price tag, it also provides greater electricity savings and more substantial income tax credits.

Check a cost benefit analysis in the solar panel cost calculator down and to the right, for an average electric bill of $118.38 in Hayden. To get results more personalized, change the $118.38 to align with your regular electricity bill.

System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $758 a year
Est. Price
$9,380
Savings from a 4kWthis system
  • Est. yearly production 6,314 kWh
  • Est. monthly savings $63
  • Full payback in 7 years
Environmental Impacts
  • Reduces CO2 emissions by 1.1 tons a year
  • Equivalent to planting 51 trees a year
  • Equivalent to driving 2,728 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $947 a year
Est. Price
$11,725
Savings from a 5kWthis system
  • Est. yearly production 7,893 kWh
  • Est. monthly savings $79
  • Full payback in 8 years
Environmental Impacts
  • Reduces CO2 emissions by 1.38 tons a year
  • Equivalent to planting 63 trees a year
  • Equivalent to driving 3,411 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,137 a year
Est. Price
$14,070
Savings from a 6kWthis system
  • Est. yearly production 9,472 kWh
  • Est. monthly savings $95
  • Full payback in 10 years
Environmental Impacts
  • Reduces CO2 emissions by 1.65 tons a year
  • Equivalent to planting 76 trees a year
  • Equivalent to driving 4,093 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,326 a year
Est. Price
$16,415
Savings from a 7kWthis system
  • Est. yearly production 11,050 kWh
  • Est. monthly savings $111
  • 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 4,775 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,515 a year
Est. Price
$18,760
Savings from a 8kWthis system
  • Est. yearly production 12,629 kWh
  • Est. monthly savings $118
  • 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

Hayden Solar Panel Installation Incentives & Rebates | 2024

The REAP Grant can fund anywhere from 80% to 100% of the expenses involved in setting up solar or wind turbines for rural small businesses and farms. If you believe yourself eligible, we recommend utilizing our REAP Grant eligibility tool to confirm your qualification.

Almost all residents can take advantage of a 30% federal income tax credit for residential solar, making it a practical option in various areas of the United States. Together with federal efforts, state and local programs help to promote the use of solar power.

A total of 7 solar rebates and incentives are available in Idaho through multiple utility companies and government departments.

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 your goal is to own your home well past the payback period of your solar system, solar panels are an obvious choice in Hayden. By installing a 5 kW solar system in Hayden, ID, you can expect to save roughly $16,686.2 over 20 years, with the break even point typically being 8 years.

The cost of not having solar panels in Hayden, ID

Choosing not to install solar panels or a different backup energy solution results in you missing out on the savings mentioned earlier and makes you fully reliant on your electric utility for electricity. The media has shown several cases where complete reliance on your utility isn't always ideal.

Lately, the utilities in Hayden have experienced an average of 1.62 outages per customer annually. Outages typically last for an average of 174.43 minutes. Major occurrences like high winds, grid management errors, or wildlife damage can lead to a significant rise in these time frames.

A solar panel system could alleviate the strain of future outages, even if it doesn't have a backup battery.

Power Outages

Currently, 0 customers are being tracked in Kootenai County.

Learn more

Customers Out:

0

Go Solar for less than your cell phone bill.

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

Your Energy Needs - With larger solar panel systems, the cost per watt declines, despite the greater upfront expense. Setting up a solar panel system that can fully offset the electric bill is advantageous to consumers because of the money saved.

Make & Model - There are numerous brands and models of solar panels and mounting equipment. Your installer’s brand preferences might necessitate selecting a reputable company. The use of superior materials is likely to result in a more satisfactory long-term experience for buyers.

Solar Panel Type - Monocrystalline panels have become the industry standard, and rightly so. Even though they are costlier, they produce more energy. The majority of installers utilize panels constructed from this material.

Your Property - No two properties or homes are identical. Uneven ground, trees, or other impediments can increase the difficulty of the installation. Nowadays, the majority of solar installers can assess your home with satellite images and include these considerations in the first cost estimate.

Labor Rates - The wage differences between companies cause costs that are passed on to the consumers. Reviews for work and customer service are usually higher for companies that pay higher wages.

Permitting & Interconnection - The local permitting and utility interconnection fees, which change by region, will influence your final installation price. Experienced local installers will integrate these numbers into your preliminary quotes to avoid any surprises.

Go Solar for less than your cell phone bill.

Who are the best solar installers in Hayden?

Freedom Forever

Temecula, CA(800) 685-1850

Services

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

Douglass Colony Group

Commerce City, CO(877) 288-0650

Services

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

Northwest Renewables

Spokane, WA(509) 443-4526

Services

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

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

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

SunPower Corporation

San Jose, CA(800) 786-7693

Services

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

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

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

Altenergy

Charlottesville, VA(434) 293-3763

Services

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

Infinity Energy

Rocklin, CA(888) 244-2513

Services

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

Empire Solar Group

Salt Lake City, UT(800) 467-4562

Services

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

Hayden, ID Solar Panel Cost FAQs

  • As of October, 2024, the average solar panel installation cost in Hayden, ID has reached $3.35/W. Post federal tax credit, a 5 kW solar panel system installation in Hayden, ID will roughly cost $11,725.

  • Various utility providers and government organizations in Idaho are offering 7 rebates and incentives at this time. On top of that, most individuals are eligible for the 30% federal income tax credit.

  • While cash payments offer the most savings, there are now many financing options for solar panels that are also advantageous. Many installers will include information about financing options in their initial quotes.

  • Yes, in Hayden, ID, the average time for 5 kW solar panel systems to pay for themselves is 8 years, leading to electricity savings of $16,686.2 over a 20-year period.
King Manalo
Last Reviewed By: King Manalo
Published: 2024-10-01