Solar Panels Cost 4.7k-14k in Taylorsville, UT | October, 2024

Solar Panels Cost $4.7k-$14k in Taylorsville, UT | October, 2024

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How much do solar panels cost in Taylorsville, UT in 2024?

In Taylorsville, UT in the month of October, 2024 you will spend about $3.39 per watt to go solar.

It will cost you $3,390, on average, for every 1K (or 1000 watts) of capacity that your solar panels have. After receiving the 30% federal tax credit, you can expect to pay around $11,865 for a 5 kW solar setup in Taylorsville. Please keep in mind that a bigger system might be needed to adequately cover your energy consumption.

To the left, you can choose your county to see the average roof size and average maximum capacity for solar panels on homes in your area. Below is an analysis 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.
Taylorsville: $11,865US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Taylorsville: 12 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Taylorsville: $3,397US Average: $15,784

Solar Potential in Taylorsville

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

Roof size 715sq. ft.
Capacity 10kW DC
Electricity 13.8kkWh AC per yr.

Electricity Costs in Taylorsville, UT & What that Means for Your Solar Panel Pricing

On average, Taylorsville residents pay $84.78 for their electric bill each month and use 750 kWh. These statistics also include apartments and other smaller residences with reduced energy demand.

The average rate for electricity in Taylorsville, UT in October, 2024 is 11.3¢ per kWh.

Average citizens in Taylorsville will want a solar panel system with a generation capacity of 6 kW or larger to satisfy their full electricity consumption requirements. Installing a a 6 kW solar panel installation will be priced at about $20,340 initially, but with the 30% federal tax credit, you can receive a 30% reimbursement, reducing the cost to $14,238.

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Average solar panel costs by system size in Taylorsville

Located below and to the left, there is the price breakdown for different sizes of the solar panel systems set up in Taylorsville. The bigger the solar array, the higher the initial expense, but also the greater electricity savings and income tax credits you'll get.

The solar panel cost and benefit breakdown, shown in the calculator below and to the right, is based on an average electric bill of $84.78 in Taylorsville. Change the $84.78 to match your average electricity bill payment for custom results.

System Size 2kW
Roof Size Min. space required
143 ft²
Electricity Value Annual Production $364 a year
Est. Price
$4,746
Savings from a 2kWthis system
  • Est. yearly production 3,306 kWh
  • Est. monthly savings $30
  • Full payback in 5 years
Environmental Impacts
  • Reduces CO2 emissions by 2.17 tons a year
  • Equivalent to planting 100 trees a year
  • Equivalent to driving 5,369 mi less a year
System Size 3kW
Roof Size Min. space required
215 ft²
Electricity Value Annual Production $546 a year
Est. Price
$7,119
Savings from a 3kWthis system
  • Est. yearly production 4,959 kWh
  • Est. monthly savings $45
  • Full payback in 7 years
Environmental Impacts
  • Reduces CO2 emissions by 3.25 tons a year
  • Equivalent to planting 149 trees a year
  • Equivalent to driving 8,054 mi less a year
System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $727 a year
Est. Price
$9,492
Savings from a 4kWthis system
  • Est. yearly production 6,612 kWh
  • Est. monthly savings $61
  • Full payback in 9 years
Environmental Impacts
  • Reduces CO2 emissions by 4.34 tons a year
  • Equivalent to planting 199 trees a year
  • Equivalent to driving 10,739 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $909 a year
Est. Price
$11,865
Savings from a 5kWthis system
  • Est. yearly production 8,265 kWh
  • Est. monthly savings $76
  • Full payback in 12 years
Environmental Impacts
  • Reduces CO2 emissions by 5.42 tons a year
  • Equivalent to planting 249 trees a year
  • Equivalent to driving 13,424 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,091 a year
Est. Price
$14,238
Savings from a 6kWthis system
  • Est. yearly production 9,918 kWh
  • Est. monthly savings $85
  • Full payback in 14 years
Environmental Impacts
  • Reduces CO2 emissions by 6.08 tons a year
  • Equivalent to planting 279 trees a year
  • Equivalent to driving 15,060 mi less a year

Taylorsville Solar Panel Installation Incentives & Rebates | 2024

The REAP Grant can potentially cover between 80% and 100% of the installation costs for solar or wind turbines for rural small businesses and agricultural businesses. If you feel you might be eligible, we suggest utilizing our REAP Grant eligibility tool to verify your qualification.

The federal government offers a 30% tax credit for residential solar systems, making solar practical and practical for a diverse set of homeowners. A variety of state and local incentives are offered to promote the use of solar energy.

Utah features 13 solar rebate and incentive initiatives provided by multiple utilities and government organizations.

Solar incentives in UT

Renewable Energy Systems Tax Credit (Corporate)

Value:Up to $2,000

The City of Brenham, in September 2010 passed an ordinance that instituted net metering and interconnection procedures. Customers are eligible for these procedures if they have generators up to 10 megawatts (MW). Homeowners with generators systems of 20 kilowatts (kW) or less are eligible for a separate rider and expedited interconnection. It’s the responsibility of the utility company to install and maintain a meter capable of measuring the flow of electricity in both directions. Every month, net excess generation (NEG) is credited at the utility’s voided cost rate. Customers must supply all the required equipment to meet safety, power quality, and interconnection standards as outlined by the National Electric Code (NEC), the National Electrical Safety Code, the Institute of Electrical and Electronics Engineers (IEEE), Underwriters Laboratories (UL), and any other applicable local, state, or federal agencies.

Dominion Energy - Commercial Energy Efficiency Rebate Program

Value:Up to $75

San Antonio’s municipal utility, CPS Energy, will provide rebates to its customers who install solar photovoltaic (PV) systems on their homes, schools, or businesses. In the case of a third-party-owned system (i.e. PV systems that are leased), the homeowner is not eligible for rebates under this program. To qualify for the rebate, you must be a CPS Energy customer with at least one kilowatt (kW)-AC. Rebates are capped at $25,000 per residential account and $80,000 per commercial account in a given year. Rebate recipients must sign an agreement granting all renewable energy credits (RECs) produced by the system to CPS Energy.

Renewable Energy Systems Tax Credit (Personal)

Value:Up to $2,000

On the statewide level, Texas lacks a net metering system as the term is conventionally apprehended. Retail electricity providers may, but are not required to, compensate their customers for electricity attained from renewable energy generation systems exported to the grid. Green Mountain Energy Company is one company that purchases electricity under its Renewable Rewards product. To earn this benefit, the customer must enter into an interconnection agreement with the retail supplier. The electricity market in Texas remains largely deregulated to include the large metro areas of Houston, Dallas, Fort Worth, and Arlington.

Dominion Energy - Residential Energy Efficiency Rebate Programs

Value:Varies

Small, medium, and large commercial customers are all eligible for rebates from Austin Energy after installing install photovoltaic systems. Incentives are granted after installation and per kilowatt. The rate of the rebate can range anywhere from $0.02-$0.08/kWh. The latest specifics of this program, including updates to the program’s rebate and its rates, should be found on the program’s website or by contacting Austin Energy directly.

Solar Contractor Licensing

Value:Varies

Denton Municipal Electric (DME) had offered rebates on an ongoing basis; however, as of December 2020 funding for solar rebates has been exhausted with the program now suspended. Interested parties should continue to monitor the program, since it is expected that additional funding could be provided again in October 2021. The rebate is offered to DME electric customers for the installation of solar photovoltaic (PV) and solar water heating systems. The solar rebates are designed primarily for residential and small commercial customers to include existing improvements and new constructions.

Alternative Energy Development Incentive (Corporate)

Value:Varies

In 2003, the Dallas City Council signed a resolution into law requiring all newly planned municipal buildings in excess of 10,000 feet must conform to U.S. Green Building Council Leadership in Energy and Environmental Design (LEED) Silver Certification standards. This ordinance was subsequently updated to ensure newly constructed buildings comply with the 2006 bond program to LEED Gold Certification. In December 2005, the Jack Evans Police Headquarters was the first building to attain LEED Silver Certification. By 2015, Dallas had constructed 26 LEED-certified facilities.

Net Billing

Value:Varies

The TNMP SCORE/CitySmart program is designed to assist education and local government facilities identify opportunities to increase energy efficiency in their existing and newly-planned facilities. The program’s aim is to help government facilities discover financial incentives to aid in implementing their energy-efficient projects. Funded by TNMP, SCORE/CitySmart program is available at no cost to its participants. Similarly, Commercial Solutions, also funded by TNMP, helps commercial enterprises other than schools and governments find a diversity of solutions to their high energy costs. This program is similarly free to those who are eligible and choose to participate.

Alternative Energy Manufacturing Tax Credit

Value:Varies

Height limitations exemptions for solar installations are found in Zoning Code (Chapter 25-2) of the Austin City Code. Solar installations, in some cases, may exceed the maximum zoning district height by 15% or the amount necessary to remain in compliance with either federal or state regulation, whichever is greater. This element of the Zoning Code also provides for preservation plans in designated historical districts to incorporate energy-efficient upgrades to the home’s energy generation and delivery systems.

Alternative Energy Development Incentive (Personal)

Value:Varies

Under Texas statutes, if it becomes necessary for a utility to construct a line extension for its customer and requires of the customer a pre-payment charge, a Contribution in Aid to Construction (CIAC), or a signed commitment to one-year contract term or greater, the utility must supply the customer with information about on-site renewable energy and distributed generation (DG) technology as an alternative. This must necessarily be provided at the time of any pre-payment or estimate on the part of the CIAC. Furthermore, this material provided must adhere to the guideline as set forth by the Public Utilities Commission of Texas (PUCT), and the information has to be supplied before any contract of a year or longer is signed.

Local Option - Industrial Facilities and Development Bonds

Value:Varies

Texas companies that solely and exclusively manufacture, sell, or install solar or wind-based energy devices are exempt from the franchise tax. The franchise tax is equal to a corporate tax, if not one and the same. This exemption is without ceiling and is meant to substantially incentivize solar and wind business in the state of Texas. A solar energy device, for the purposes of this exemption, means a system or connected series of mechanisms engineered to provide heating, cooling, or electrical power through the collection and transference of solar-generated energy. Wind energy is also eligible under this same definition.

Dominion Energy - Residential Solar Assisted Water Heating Rebate Program

Value:Varies

Commercial multifamily owners of five or more are eligible for rebate incentives on their multifamily properties through Austin Energy. The rebates are meant to assist Austin Energy customers who own dwellings of five or more units with the installation of solar PV systems. A qualifying energy system must have at least 2kW (AC) per unit. Or, alternately, the system unit must be estimated to produce 50% of annual electric consumption. The precise and most up-to-date details of this program can be obtained by contacting Austin Energy directly or by visiting the program website.

Utah Commercial PACE financing program

Value:Varies

In July of 2021, Austin, Texas, was awarded 6th place on the EPA Green Power Top 30 Local Government list. Austin sets itself apart on this list as the largest U.S. city to have each of its city-owned buildings and facilities powered by renewable energy resources. That’s to say that 100% of all municipal buildings have drawn their energy from renewable power sources since 2011. Austin City Council passed Resolution 20140410-024 into law, establishing a time frame for net-zero emissions for its city facilities by 2050 or earlier. The renewable power is sourced, through Austin Energy, the seventh-largest municipal utility in the US, from six utility-scale solar farms from across Texas.

Dominion Energy - Home Builder Gas Appliance Rebate Program

Value:Varies

The Municipality of San Marcos provides a Distributed Generation Rebate Program for the costs associated with installing grid-tied renewable energy systems. To qualify for the Distributed Generation Rebate Program you must be a San Marcos Electric Utility (SMEU) customer in addition to being pre-approved by this utility. Single-family dwellings are required to meet certain energy requirements as specified by the utility. All systems must be installed to professional specifications. More specific details are supplied on the program website.

Are solar panels worth it in Utah?

For those expecting to remain in their homes after the solar system's payback period, installing solar panels is a obvious choice in Taylorsville. By installing a 5 kW solar system in Taylorsville, UT, you can expect to save roughly $8,482.2 over 20 years, with the break even point usually being 12 years.

The cost of not having solar panels in Taylorsville, UT

Without solar panels or another backup power source, you miss out on the savings discussed previously and rely entirely on your electric utility for electricity. As we've seen in many recent news reports, full reliance on your utility isn't always ideal.

Recently, the average number of utility outages per customer in Taylorsville has been 1.05 annually. Outages generally last for an average of 106.74 minutes. During major occurrences like landslides, aging infrastructure, or construction accidents, these times can extend significantly.

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

Power Outages

Currently, 0 customers are being tracked in Salt Lake County.

Learn more

Customers Out:

0

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What impacts the cost of solar panels in Taylorsville, UT?

Your Energy Needs - Larger solar panel systems require more upfront investment, but the cost per watt decreases as the size of the system increases. Many people find it useful to install a solar energy system that can replace their entire electric bill. This results in optimal savings.

Make & Model - There are a variety of makes and models of solar panels and mounting equipment. Taking into account the certain brand preferences an installer might have, picking a reputable contractor is important. Choosing superior quality equipment usually provides a more favorable long-term experience for the buyer.

Solar Panel Type - Monocrystalline panels have emerged as the standard in the industry, and deservedly so. They have a higher price, but they provide more energy. Most solar panel installers choose this type of material.

Your Property - Trees, sloped land, or additional considerations can increase the complexity of the installation. Nowadays, the majority of solar installers can assess your home with satellite images and incorporate these elements in the preliminary cost estimate.

Labor Rates - Companies compensate their employees in varying amounts, and these costs are passed down to consumers. Higher wages frequently lead to companies getting better reviews for their services and customer service.

Permitting & Interconnection - The local permitting and utility interconnection fees, which vary by region, will affect your final installation price. Quality installers will factor these costs into your preliminary quotes to prevent unexpected expenses.

See what solar panels cost in other UT cities

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Who are the best solar installers in Taylorsville?

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

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

IonSOLAR

Provo, UT(888) 781-7074

Services

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

Spring Solar

Bluffdale, UT(801) 520-0955

Services

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

Dividend Finance

San Francisco, CA(415) 805-7000

Services

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

Hunt Electric

Salt Lake City, UT(801) 975-8844

Services

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

Summit Energy Group

Weymouth Town, MA(888) 578-6648

Services

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

Gardner Energy

West Haven, UT(801) 689-2618

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

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

Bright Skies

Pleasant Grove, UT(608) 293-1163

Services

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

Fluent Solar

Lindon, UT(866) 736-1253

Services

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

Sunnova Energy

Houston, TX(866) 786-6682

Services

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

Knight Electric

Ogden, UT(801) 782-8219

Services

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

Entegrity

Little Rock, AR(800) 700-1414

Services

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

Empire Solar Group

Salt Lake City, UT(800) 467-4562

Services

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

Badass Energy

Claremont, CA(909) 320-9860

Services

  • Consulting on all things solar related.
  • Installation of batteries for energy storage.
  • Installation of solar arrays.

Taylorsville, UT Solar Panel Cost FAQs

  • The average solar panel cost in Taylorsville, UT as of October, 2024 is estimated at $3.39/W. Post federal tax credit, a 5 kW solar panel system installation in Taylorsville, UT will roughly cost $11,865.
  • Currently, Utah residents can benefit from 13 rebates and incentives available through various utilities and government bodies. On top of that, nearly everyone can qualify for the 30% federal tax credit.
  • Paying cash provides the most savings, yet there are many financing options available today for solar panels that are also beneficial. Financing options are frequently available through installers and will be included in your initial quotes.
  • Yes, the average 5 kW solar panel payback time in Taylorsville, UT is 12 years, with expected savings of $8,482.2 on electricity over 20 years.
Matt Hope
Last Reviewed By: Matt Hope
Published: 2024-10-01