Solar Panels Cost 7.5k-17k in Jerome, ID | October, 2024

Solar Panels Cost $7.5k-$17k in Jerome, ID | October, 2024

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

Going solar in Jerome, ID is approximately $3.59/W in October, 2024.

It will cost you $3,590, on average, for every 1000 watts (1 kW) your solar panels can produce. Typically, the cost of a 5 kW solar installation in Jerome, after you deduct 30% federal tax credit, comes to $12,565. To meet your energy requirements, you could need a larger system.

On the left, select your area to find the typical roof size and the maximum production capacity for solar panels on homes in your county. Displayed below is an overview of 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.
Jerome: $12,565US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Jerome: 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.
Jerome: $7,953US Average: $15,784

Solar Potential in Jerome

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

Roof size 787sq. ft.
Capacity 11kW DC
Electricity 15.3kkWh AC per yr.

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

The average electricity cost for Jerome consumers is $107.93 per month, with a usage of 908 kWh. Small homes, such as micro-apartments, are also covered in the figures mentioned in the previous sentence.

For October 2024, Jerome, ID's average electricity rate is 11.89¢ per kWh.

To account for all of their energy consumption requirements of a typical user in Jerome, a solar power system of 7 kW or more is needed. The price of aa 7 kW solar setup comes to $25,130 initially, but with the 30% federal tax credit, the total cost drops to $17,591.

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Average solar panel costs by system size in Jerome

On the left side, you'll see a full pricing details of the various sizes of solar panel systems set up in Jerome. Although a bigger solar installation carries a larger expense, it also provides greater electricity savings and more substantial income tax credits.

In the solar panel cost calculator found down and to the right, you can examine a cost and benefit breakdown to match an average $107.93electric bill in Jerome. To obtain tailored results, adjust the $107.93 to match your usual electricity payment.

System Size 3kW
Roof Size Min. space required
215 ft²
Electricity Value Annual Production $568 a year
Est. Price
$7,539
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
$10,052
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
$12,565
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 1.51 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
$15,078
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 1.81 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
$17,591
Savings from a 7kWthis system
  • Est. yearly production 11,050 kWh
  • Est. monthly savings $108
  • Full payback in 14 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

Jerome Solar Panel Installation Incentives & Rebates | 2024

Between 80% and 100% of your solar energy or wind turbine installation costs may be covered by the REAP Grant if you own a rural small business or farm. Wondering if you fit this category? Check your eligibility with our REAP Grant eligibility tool.

When it comes to residential solar, the majority of people qualify for the 30% federal income tax credit, making solar a practical option across most regions of the nation. A range of state and local incentives are in place to promote the use of solar energy.

There are 7 solar rebate and incentive programs currently available in Idaho by various utilities and government agencies.

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?

For those looking to stay in their home past the solar system's payback period, solar panels are a wise investment in Jerome. Having a 5 kW solar system in Jerome, ID can potentially save you roughly $13,338.2 over a span of 20 years, with an average break even point of 10 years.

The cost of not having solar panels in Jerome, ID

Opting not to install solar panels or a separate backup energy solution results in you missing out on the savings mentioned earlier and leaves you fully reliant on your electric utility for electricity. Recent news has demonstrated that complete dependence on your utility company is not always ideal.

In recent times, customers in Jerome have encountered an average of 0.97 outages per year. On average, each outage lasts for 140.25 minutes. Major events like lightning strikes, overloaded power grids, or wildlife damage can considerably extend these durations.

A solar energy system could help mitigate the effects of future outages, whether or not it has a backup battery.

Power Outages

Currently, 0 customers are being tracked in Jerome County.

Learn more

Customers Out:

0

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

Your Energy Needs - The cost per watt is lower with larger solar panel systems, even though the initial cost is higher. Consumers often realize that setting up a solar system to replace their electric bill is a beneficial decision, resulting in the most savings.

Make & Model - There are a variety of makes and models of solar panels and mounting equipment. The potential system preferences of your chosen contractor make it crucial to choose a reputable company. Buyers who choose high-quality materials generally enjoy a better long-term experience.

Solar Panel Type - The industry standard is now monocrystalline panels, and rightly so. They are pricier but generate more energy. Many professionals in solar installation use panels crafted from this material.

Your Property - Uneven ground, trees, or other obstructions can make the installation process more challenging. Nowadays, the many solar installers can evaluate your home with satellite images and incorporate these factors in the first cost estimate.

Labor Rates - The different wages that companies give their employees lead to costs that are ultimately borne by consumers. Reviews for work and customer service are often higher for companies that pay higher wages.

Permitting & Interconnection - Regional differences in permitting and utility interconnection fees will influence your installation cost. Good installers will factor these costs into your initial quotes to prevent unexpected expenses.

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Who are the best solar installers in Jerome?

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.

Jerome, ID Solar Panel Cost FAQs

  • As recorded in October, 2024, the standard cost for solar panel installations in Jerome, ID is $3.59/W. After federal tax credits, the installation of a 5 kW solar panel system in Jerome, ID is estimated to cost $12,565.

  • Right now, Idaho has 7 rebates and incentives available through a variety of utility companies and government entities. In addition, nearly all people are eligible for the 30%federal tax credit.

  • Choosing to pay cash provides the most savings, but today there are many financing options for solar panels that are also cost-effective. Initial quotes from installers will frequently include information about available financing options.

  • Yes, solar panels systems of 5 kW in Jerome, ID typically have a payback period of 10years, with expected savings on electricity costs of $13,338.2 over 20 years.
King Manalo
Last Reviewed By: King Manalo
Published: 2024-10-01