Solar Panel Cost Guide in Hooper, UT (2024 Update)
- Hooper Solar Installation Cost: $11,942
- 25-Year Savings: $16,449
- Payback Period: 11.4 Years
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Average Cost of Solar Panels in Hooper
Let’s take a look at the average cost of solar panels in Hooper.
The average cost of a solar panel system in Hooper is 3 per watt.The average solar panel system size in Hooper is around 5.2 kilowatts, meaning a cost of about $11,942 for a solar installation, or $17,077 before the 0 federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average Hooper homeowner. The cost of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.Many homeowners find installing a solar panel system is a rewarding investment. The average homeowner in Hooper can save around $19,000 on their power bills over 20 years.
To calculate your potential ROI and connect with a local solar expert, click the button below.
Solar savings over time in Hooper
| Year | Return on Investment |
|---|---|
| 1 years | $-10,946 |
| 3 years | $-8,953 |
| 5 years | $-6,961 |
| 7 years | $-4,969 |
| 9 years | $-2,977 |
| 11 years | $-984 |
| 13 years | $1,008 |
| 15 years | $3,000 |
| 17 years | $4,992 |
| 19 years | $6,985 |
| 21 years | $8,977 |
| 23 years | $10,969 |
| 25 years | $12,961 |
Top Solar Installers in Hooper
When making the switch to solar, many homeowners prefer to go with a solar company since installing a solar system yourself can be a difficult project. Solar warranties and repairs are ordinarily included in the cost of installation when you go with a solar contractor too, which can save you more money after your initial investment.
If you're searching for a solar installer in Hooper, the EcoWatch team has put together a list of our top suggestions here:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Outstanding Local Installer
ES Solar
- Representatives are experts on local policies
- Lifetime workmanship warranty
- Outstanding customer service
- No leases or PPAs
- Energy audits only available 12 months after installation
See all of the solar companies in Hooper
Factors that Affect Solar Panel Costs in Hooper
Although the average cost of a solar system in Hooper is $11,942, your final cost may be above or below the average. There are several factors that can have a major impact on the cost of a solar system installation. Below are some of the more crucial things to take into consideration.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household consumes, the larger your system will likely need to be. You can expect to spend around $3,290 per kilowatt in Hooper.Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Hooper, where sunlight is abundant, efficiency can quickly pay off. In addition, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar companies in Hooper provide solar loans, which reduce your upfront costs of installing solar.You’ll have to consider the long-term cost of loans, including the total interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or securing a solar loan with a low interest rate could reduce your costs considerably.
Solar Panel Installation Company
Lastly, the company you choose to install your solar panel system can influence your pricing. Hooper’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Hooper are more knowledgeable about local solar incentives and can help you make good use of additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you more money in the long run.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.42 | $14,371 | $15,919 | 11.9 years |
| 8 kW | $3.36 | $18,792 | $21,593 | 11.6 years |
| 10 kW | $3.29 | $23,030 | $27,452 | 11.4 years |
| 12 kW | $3.22 | $27,083 | $33,495 | 11.2 years |
| 14 kW | $3.16 | $30,952 | $39,723 | 10.9 years |
| 16 kW | $3.09 | $34,637 | $46,134 | 10.7 years |
| 18 kW | $3.03 | $38,138 | $52,730 | 10.5 years |
| 20 kW | $2.96 | $41,454 | $59,510 | 10.3 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because picking a company can be a challenge, we have some tips to help you, such as:
- Reputation: Make sure your solar system installer has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like EcoWatch.
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, longevity and efficiency. They will come at different prices as well. The company you choose plays a role in which solar panel brands you have access to.
- Warranty: Warranties that provide coverage for defective panels and repairs over around 25 years are the gold standard in the business, and offering such a warranty is one sign of a quality company.
- Contract: Although reading through a contract can be tedious, it’s important to do it fully so you can make sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Outstanding Local Installer
ES Solar
- Representatives are experts on local policies
- Lifetime workmanship warranty
- Outstanding customer service
- No leases or PPAs
- Energy audits only available 12 months after installation
EcoWatch's Hooper, UT Solar Cost FAQs
What is the average cost of installing solar panels in Hooper?
The average cost of solar panels in Hooper is about $16,450 for a 5-kW system and $32,900 for a 10-kW system before the ITC, but the actual cost will depend on things like the kind of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Hooper?
You can’t get solar panels for free in Hooper. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d rather own your solar panels, you can finance them with a solar loan.
Can solar panels completely eradicate my power bills?
Solar panels can potentially eliminate your electricity bills depending on where you’re located and how much sunlight your home gets. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $1,009.64 per year.
How long do solar panels last in Hooper?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount of energy production.
Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.