See how much it will cost to install solar panels for your home in Wyoming
Our estimates used by
Solar power in Wyoming
Last fact-checked on January 19, 2023, by Catherine Lane
There is some room for improvement when it comes to solar power in Wyoming. There are no state-based or utility-based incentives for installing solar. Also, there is no renewable portfolio standard, which is often what pushes utilities to create rebates for customers.
The bright side is that Wyoming receives a lot of sunlight, so a solar system here will produce more than a system would in other parts of the country.
Also, Wyoming has a statewide net metering policy in place so that solar customers receive compensation for the excess generation their solar system produces. Not to mention, Wyoming residents can take advantage of the 26% federal tax credit, as well.
Compare solar quotes from the top solar companies in Wyoming
Wyoming solar power facts
$2.56 watt
Average cost: 5kW solar power system
?6 Years 8 Months
Average payback time
$32,866
Average lifetime savings
?5¢ kWh
Levelized cost of solar energy
30¢ kWh
If you don't get solar
?5,857 kWh
Annual power production
Cash flow graph based on cash purchase of a 4.06kW system
This 4.06kW system would offset 100% of your energy usage if your typical monthly bill in Wyoming is $82, however, your situation may vary so try our solar calculator to get a result tailored to you.
How much can solar panels save you in Wyoming
Average total cost of solar panel installation in Wyoming
| System Size | Cash purchase After 30% solar tax credit |
Financed purchase After 30% solar tax credit |
|---|---|---|
| 3kw | $5,838 | $6,305 |
| 4kw | $7,476 | $8,074 |
| 5kw | $8,960 | $9,677 |
| 6kw | $10,248 | $11,068 |
| 7kw | $11,417 | $12,330 |
| 8kw | $12,432 | $13,427 |
| 9kw | $13,293 | $14,356 |
| 10kw | $14,000 | $15,120 |
How much do solar panels cost in Wyoming?
$2.56 per watt
Cash purchased solar system
Before 26% solar tax credit
$4.06 per watt
Financed solar system
Before 26% solar tax credit
$0.0¢ /kWh
Lease/PPA
Ave 15 year term, 2.5% price escalator
What are the pros and cons of installing solar panels in Wyoming?
The advantage of installing solar panels in Wyoming is the state’s net metering policy. Also, the state receives an abundant amount of sunshine, so a solar system here will produce more electricity than it would in other areas within the US.
The disadvantage of installing solar panels in Wyoming is that there are no state or utility-based incentives. Wyoming residents won’t be able to save as much as residents of other states.
However, the combination of full retail net metering and the 26% federal tax credit still creates an opportunity for great savings. The best time to make the switch to solar in Wyoming is now!
Best solar companies in Wyoming
Find local city information
Find local information for cities in Wyoming
Compare solar quotes from the top solar companies in Wyoming
How much electricity will solar panels produce in Wyoming
Solar panels produce different amounts of energy in different locations.
Around the Cheyenne area solar panels installed on a south-facing 30-degree pitch roof will typically produce:
1,610kWh
per year per 1kW of peak DC
(direct current) capacity
For more information about how your location, roof direction, and roof tilt affects solar power production use the solar panels calculator and enter your zip code.
I want to buy a solar panel kit and install it myself
What rebates, solar tax credits, and other solar incentives are available in Wyoming?
Net metering in Wyoming
Solar, by its nature, generates the most power during the middle of the day when most people are at work or school and little power is being used in the home. The net metering policy in Wyoming mandates that for every surplus kilowatt hour (kWh) generated by solar (like the excess energy your system creates during the day) a utility must provide compensation, either as a kWh credit or at another rate that must be approved by the Public Utilities Commission.
However, net metering is only available for systems up to 25 kilowatts (kW) in size. Most residential systems are smaller than this, but this means that larger systems, like those on businesses, are not eligible for net metering.
Wyoming Solar Calculator
Regardless of what you want to know about the economics of installing solar panels for your home or business in Wyoming, we have a solar calculator that can show you exactly the information you require.
What you can find out about installing solar panels in Wyoming using our full monthly solar calculator
This solar calculator requires you to input your address, utility company, your average monthly power spend - It tells you:
- What size solar system do you need?
- Answers the question of how many solar panels do I need?
- How many square feet of roof space you need for solar panels
- Solar electricity production in annual kWh (kilowatt-hours) you can expect from your solar system in Wyoming
- The value of solar tax credits and other incentives you are entitled to based on the estimated size of system you need, your location and your utility provider.
- Likely cost based on an average of prices charged for solar systems of that size in the last year in Wyoming or Cheyenne ;
- The likely payback period on your solar panels and your investment return.
- Your total lifetime solar savings based on each of the major solar finance options, a cash purchase, a cash purchase funded with a HELOC sol (home equity line of credit) and a zero-down PPA or third party lease product.
If you want to see all of the above but also see live pricing, the three best solar deals available in your city and get binding quotes from each of these solar companies then use this Wyoming solar panels calculator. This calculator requires you to also input your name and contact details because most of our 200+ installer partners will only authorize the sharing of their live solar pricing where we have validated that you are a real homeowner with a home in their service area. We respect the privacy of your data and only share your contact details with the solar companies you ask us to get binding quotes from.
Going solar in Wyoming
Check out all of the ways energy providers of Wyoming 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 |
| Net Metering | State | Net Metering |
Find your local rebates and incentives
Your city may have further incentives to offer. Please keep in mind that the best source of up-to-date information on incentives is the solar installers who specialize in your area.
