Solar Panel Savings in Utah
Utah gets 5.5 peak sun hours per day with electricity at 11.5¢/kWh. See how much you can save with solar panels.
Solar Panel Cost & Savings by System Size in Utah
| System Size | Gross Cost | After Credits | Payback | 25-Year Savings | Annual kWh |
|---|---|---|---|---|---|
| 6 kW | $15,900 | $11,130 | 8.3 yrs | $32,621 | 12,045 |
| 8 kW | $21,200 | $14,840 | 10.7 yrs | $28,911 | 16,060 |
| 10 kW | $26,500 | $18,550 | 12.9 yrs | $25,201 | 20,075 |
| 12 kW | $31,800 | $22,260 | 15.0 yrs | $21,491 | 24,090 |
Includes 30% federal ITC + 0% Utah state credit. Assumes 3% annual electricity rate increase and 0.5% panel degradation.
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Is Solar Worth It in Utah?
Utah averages 5.5 peak sun hours per day, which means an 8 kW solar system would produce approximately 16,060 kWh per year. At the state's average electricity rate of 11.5¢/kWh, that translates to significant annual savings on your electric bill.
With the federal 30% Investment Tax Credit and Utah's 0% state incentive, an 8 kW system costing $21,200 drops to just $14,840 after credits — with a payback period of approximately 10.7 years.
Over 25 years, homeowners in Utah can expect to save $28,911 with an 8 kW system, factoring in panel degradation and rising electricity costs. The combination of excellent sun exposure and federal incentives makes solar a solid investment in Utah.