Cost & Savings Breakdown
Based on $150/month electric bill in Salt Lake City
System Size
8.1 kW
Annual Production
13,905 kWh
Gross System Cost
$23,002
Federal Tax Credit (30%)
-$6,901
State Incentive
-$1,600
Net Cost
$14,502
Monthly Savings
$122
CO₂ Offset/yr
12,792 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$0.105/kWh
Peak Sun Hours5.9 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 Salt Lake City?
Solar in Salt Lake City, Utah costs approximately $23,002 for a 8.1 kW system. After the 30% federal tax credit, your net cost is about $14,502.
What is the solar payback period in Salt Lake City?
The estimated payback period for solar in Salt Lake City is 9.9 years, based on a $150/month electric bill and local sun hours of 5.9 hrs/day.
Does Rocky Mountain Power offer net metering?
Rocky Mountain Power offers Full Retail net metering. Full retail rate.