Are you curious in the price of solar panels in Salt Lake City? You’re not the only one who feels this way! We’ve been developing solar energy systems across the area at Roofing Utah, and one of the first concerns we get from residential and commercial clients is about pricing. Read on to learn more about Roofing Utah’s contemporary solar panels’ price.
Solar panels are excessively costly, according to a prevalent misconception among Salt Lake City residents and business property managers. While there are some upfront expenses for materials, labor, and regulatory fees, the overall cost of installing solar systems has decreased dramatically in recent years.
A common home photovoltaic (PV) system is 5 kilowatts (kW), with installations ranging from 2 to 10 kilowatts (kW). According to Energy Sage, a 10kW home system in Salt Lake City costs between $24,000 and $28,500 when federal tax incentives are taken into account. Local government and utility subsidies, which might further decrease the upfront cost, are not included in this number.
Importantly, while evaluating solar panel costs and choosing whether or not this clean energy source is suitable for you, you must consider the long-term savings and return on investment that solar panels will provide.
You’ll be able to break connections with your local energy provider, which will shield you from the average annual rate increase of roughly 6%.
Only by factoring in these long-term savings will you be able to accurately calculate the overall cost and possible ROI of your solar panels in Salt Lake City.
We offer a large selection of Salt Lake City built solar panels at Roofing Utah, and we engineer all of our systems in-house, allowing us to make tailored changes to increase system efficiency and, as a result, decrease expenses. We also offer useful solar energy resources so that our clients may learn more about their systems and make informed installation decisions.
Contact Roofing Utah now if you need assistance calculating your solar panel cost or would want to learn more about the various systems available.
Request a free consultation by calling or filling out our online form to the right of this page.
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