Solar Panel Cost Guide in La Verkin, UT (2024 Update)

  • La Verkin Solar Installation Cost: $11,097
  • 25-Year Savings: $15,517
  • Payback Period: 11.3 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in La Verkin

Find out what the average cost of solar panels are in La Verkin.

The national average cost of solar panels is $2.66 per watt, but in La Verkin it’s 3 per watt.The average La Verkin homeowner needs a 4.8-kilowatt system, which would cost about $11,097 with the federal tax credit, or $15,869 before the 0 tax credit is applied.

How much you pay can be higher or lower than the average in La Verkin depending on a variety of factors, such as the model of solar panels you choose and the solar contractor you hire.With average savings of about $19,000 on energy bills over 20 years, many homeowners in La Verkin find going solar has a decent ROI.

To receive a free quote from a top solar company in La Verkin, you can click the button below.

Solar savings over time in La Verkin

Year Return on Investment
1 years $-10,101
3 years $-8,109
5 years $-6,116
7 years $-4,124
9 years $-2,132
11 years $-140
13 years $1,853
15 years $3,845
17 years $5,837
19 years $7,829
21 years $9,821
23 years $11,814
25 years $13,806

Top Solar Installers in La Verkin

Putting up solar panels on your own can be a time-consuming undertaking, which is why getting a solar installation company is a good option for many homeowners. Local solar installation companies can also help you maximize your return on investment by walking you through any local incentives and by providing warranties and repairs.

If you're looking for a solar installer in La Verkin, the EcoWatch team has compiled a list of our top suggestions here:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Solar Veteran

Creative Energies

★★★★★
4.5

  • Certified B Corp
  • Outstanding customer service
  • Many years of experience
  • Multitude of products and services
  • No leases or PPAs
  • Slightly expensive

See all of the solar companies in La Verkin

Factors that Affect Solar Panel Costs in La Verkin

There are several criteria that can determine your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.

Solar Equipment

One of the most significant factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more power your household uses, the larger your system will likely need to be. You can expect to spend about $3,290 per kilowatt in La Verkin.The model of solar panels and equipment you want is another factor that will substantially affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Moreover, solar equipment goes beyond just the solar panels themselves. You’ll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking for a solar system that falls within your budget.

Solar Financing Terms

Most solar installers in La Verkin have solar loans, which reduce the initial cost of installing solar.When trying to figure out your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying a higher down payment can lower the total interest paid over time.

Solar Panel Installation Company

The remaining significant cost factor you should keep in mind is the installer you choose. Given the massive popularity of sustainable energy solutions in La Verkin, you’ll have lots of options to choose from, but each comes at varying price points for labor and equipment.Additionally, some companies in La Verkin 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 help you save 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 $16,207 11.7 years
8 kW $3.36 $18,792 $21,978 11.5 years
10 kW $3.29 $23,030 $27,932 11.3 years
12 kW $3.22 $27,083 $34,072 11.1 years
14 kW $3.16 $30,952 $40,395 10.8 years
16 kW $3.09 $34,637 $46,903 10.6 years
18 kW $3.03 $38,138 $53,595 10.4 years
20 kW $2.96 $41,454 $60,471 10.2 years

How to Save on Solar Panels

The solar company you choose will influence not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should take into account, such as:

  • Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you go with.
  • Reputation: Your solar installer should have a sound reputation as a company and have demonstrated expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from past customers.
  • Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to clarify any details you need to know with your solar company, such as what permits you should secure and what the project timeline is.
  • Warranty: A high-quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Solar Veteran

Creative Energies

★★★★★
4.5

  • Certified B Corp
  • Outstanding customer service
  • Many years of experience
  • Multitude of products and services
  • No leases or PPAs
  • Slightly expensive

EcoWatch's La Verkin, UT Solar Cost FAQs

What is the average cost of installing solar panels in La Verkin?

The average cost of solar panels in La Verkin is about $16,450 for a 5-kW system and $32,900 for a 10-kW system before the ITC, but the real cost will depend on things like the model of solar panels you want, what size system you need and how much energy you use.

What other factors should I consider aside from cost when buying solar panels?

Cost is definitely one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.

Is it worth going solar in La Verkin?

Solar panels can be a great investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your energy bills are already fairly low, solar panels might not be for you.

How often do you have to replace solar panels?

Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is how much energy they produce will have decreased significantly after that point. You can choose to replace them after having them for that long or you can keep using them at a lower efficiency.

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.

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