State ID
Utah is among the seven US states with the highest solar power potential. Utah aims to obtain 20% of its electricity from renewable resources by 2025 due to its cost-effectiveness.
Solar Incentives
When you install a solar panel system on your home in Utah, the state government will give you a credit towards next year’s income taxes to reduce your solar costs. Utah’s solar easements law allows you to work with your neighbors to make sure that nothing shades your solar panel system while the sun is shining. Net metering in Utah allows customers to offset their energy use and transfer energy back to their electric companies in exchange for a credit. In addition, you qualify for the federal solar tax credit.
Frequently asked questions
FAQ
Growth Projection and Ranking: 1,186 MW over the next 5 years (ranks 26th)
Total Solar Investment in State: 3.9 billion.
As of March 2022, the average solar panel cost in Utah is $2.82/W
Given a solar panel system size of 5 kW, an average solar installation in Utah ranges in cost from $11,985 to $16,215, with the average gross price for solar in Utah coming in at $14,100.
Generally, homes with solar energy systems sell for more than homes without. In most parts of the country, going solar can increase your property’s value by 4.1 to 9.9%, depending on where you live. Please note: The value of your property will only increase if you own, rather than lease, your solar system. However, a leased solar system may increase your home’s marketability.
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