Calculate how much it will cost to install solar panels for your home in Sandy
Our estimates used by
Solar power in Sandy, Utah
Rocky Mountain Power offer net metering in Sandy valuing exported power at retail value.
Utah offers a state tax credit up to $2,000 or 25% of project costs. After subtracting all other incentives, part of the remaining balance — 26% in 2020, or 22% in 2021 — can be claimed as a deduction to federal taxes with the option to spread the incentive over multiple tax periods.
With a third of more of upfront costs covered, and net metering available, solar in Sandy is a complete no brainer. If you're still on the fence about signing up a free estimate by entering your bill spend and address can never hurt.
Net Metering Broken Down
Rocky Mountain Power net metering program in Sandy values exported power at retail value. When more energy is sent to the grid than consumed credit is given to future bills still at the retail rate. Unfortunately, credit at the end of the yearly billing cycle expires without compensation. At least wiping out your bill is made easy!
The average cost of installing residential solar panels in Sandy,
Utah in 2024 is
$2.67 per watt. The average system size
in the US is 6 kilowatts, which means the average price of a solar system
in Sandy, UT
is $13,350.
(after claiming 26% tax credit and other rebates)
The 26% federal solar tax credit explained
If you have a federal income tax liability, 26% of the cost of your solar system can be claimed as a deduction to your taxes. This incentive is claimed when you do your taxes. In order to receive the tax credit quicker it's best to do your taxes as soon as possible after installation.
What if my tax liability is less than 26% of my systems costThere is the option to claim this incentive over several years if your tax liability is less than 26% of the system cost.
How much will solar panels on my home save me?
The answer to this question depends on your electricity usage. Generally speaking the greater your power usage the greater the potential savings from installing solar.
The average monthly usage in Utah is only 793kWh per month however, you are most likely using a lot more than this since this average includes condos and small apartments.
The Sandy solar panel savings calculator below will convert your monthly power spend into power usage (in kWh's) and then work out exactly how many solar panels you need to offset your usage, how much they will cost based on the prices of local solar companies and the amount you will save. Our Utah solar savings calculator can do this because it contains a database of the electric rates charged by City of Murray, PacifiCorp
How much can solar panels save you in Sandy
What does the cost of a real solar system look like?
Facts about installing a 12.72kW solar system in Sandy, UT
This system would offset 100% of your energy usage if your typical monthly bill is $173, however your situation may vary so try our Sandy solar calculator to get a result tailored to you.
$20,250
Net cost of system
8 Years 3 Months
Average payback time
17,743 kWh
Annual power production
5¢/kWh
Levelized cost of solar energy
21¢/kWh
If you don't get solar
Cash flow graph based on cash purchase of this 12.72kW system
Life-time savings on this system over the next 25 years
$63,091
(Prices shown after repayments of capital)
84
Solar companies in Sandy, UT that provide pricing through the Solar-Estimate marketplace.
Average total cost of solar panel installation in Sandy
| System Size |
Cash purchase After 30% solar tax credit |
Financed purchase After 30% solar tax credit |
|---|---|---|
| 3kw | $6,027 | $6,509 |
| 4kw | $7,840 | $8,467 |
| 5kw | $9,555 | $10,319 |
| 6kw | $11,214 | $12,111 |
| 7kw | $12,740 | $13,759 |
| 8kw | $14,168 | $15,301 |
| 9kw | $15,561 | $16,806 |
| 10kw | $16,800 | $18,144 |
Find out what system size you need for your home
Going solar in Utah
Check out all of the ways energy providers of Utah can help you be more energy efficient and save money.
The following programs are available:
| Incentive Name | Eligibility | Type |
|---|---|---|
| Residential Clean Energy Tax Credit | Federal | Personal Tax Credit |
| Renewable Energy Systems State Tax Credit | State | Personal Tax Credit |
| Net Billing | State | Net Metering |
Find your local rebates and incentives
Please keep in mind that the best source of up-to-date information on incentives are the solar installers who specialize in your area.
