Cost & Savings Breakdown
Based on $150/month electric bill in Orem
System Size
7.6 kW
Annual Production
13,394 kWh
Gross System Cost
$21,789
Federal Tax Credit (30%)
-$6,537
State Incentive
-$1,600
Net Cost
$13,652
Monthly Savings
$122
CO₂ Offset/yr
12,323 lbs
25-Year Savings Projection
Utility & Net Metering
Local UtilityRocky Mountain Power
Net Metering PolicyFull Retail
Compensation RateFull retail rate
Capacity LimitNo overall limit
Electricity Rate$0.109/kWh
Peak Sun Hours6 hrs/day
Available Incentives
30%
Federal ITC — Deduct 30% of your system cost from federal taxes. Available through 2032.
$1,600
Utah State Incentive — Utah offers a 25% state tax credit up to $1,600.
Common Questions
How much does solar cost in Orem?
Solar in Orem, Utah costs approximately $21,789 for a 7.6 kW system. After the 30% federal tax credit, your net cost is about $13,652.
What is the solar payback period in Orem?
The estimated payback period for solar in Orem is 9.4 years, based on a $150/month electric bill and local sun hours of 6 hrs/day.
Does Rocky Mountain Power offer net metering?
Rocky Mountain Power offers Full Retail net metering. Full retail rate.