Are Solar Panels Worth It in Utah? Data-Backed Analysis
✓
Yes
Solar panels are a strong investment in Utah based on available data.
The Numbers
Average System Cost
$156,883
35.9 kW system
After Federal ITC
$109,818
30% tax credit applied
Total Installations
46,838
98% residential
Factors in Favor
- ✓46,838 installations demonstrate strong market adoption
- ✓Federal 30% Investment Tax Credit available to all homeowners
- ✓98% residential - strong homeowner adoption
Things to Consider
- !Above-average installation cost ($4.37/W vs national $4.18/W)
Utah vs National Average
| Metric | Utah | National |
|---|---|---|
| Cost per Watt | $4.37 | $4.18 |
| Total Installations | 46,838 | 3,426,466 |
| Total Capacity | 1,682 MW | - |
Frequently Asked Questions
The average solar system in Utah costs approximately $156,883 (avg 35.9 kW system at $4.37/W). After the 30% federal ITC, your net cost would be around $109,818.
All Utah homeowners are eligible for the federal 30% Investment Tax Credit (ITC), which reduces the cost by approximately $47,065. Additional state and local incentives may further reduce your costs. Visit our Utah incentives page for a complete breakdown.
Utah has 46,838 solar installations, showing strong market adoption. Combined with competitive costs and available incentives, solar is a strong investment in Utah.
Source: LBNL Tracking the Sun, U.S. Department of Energy, EIA. Costs and savings are estimates based on average residential installations and may vary.