Cost & Savings Breakdown
Based on $150/month electric bill in Laramie
System Size
10.1 kW
Annual Production
15,699 kWh
Gross System Cost
$29,418
Federal Tax Credit (30%)
-$8,825
State Incentive
None
Net Cost
$20,592
Monthly Savings
$122
CO₂ Offset/yr
14,443 lbs
25-Year Savings Projection
Utility & Net Metering
Local UtilityRocky Mountain Power WY
Net Metering PolicyFull Retail
Compensation RateFull retail rate
Capacity LimitNo overall limit
Electricity Rate$0.093/kWh
Peak Sun Hours5.3 hrs/day
Available Incentives
30%
Federal ITC — Deduct 30% of your system cost from federal taxes. Available through 2032.
Common Questions
How much does solar cost in Laramie?
Solar in Laramie, Wyoming costs approximately $29,418 for a 10.1 kW system. After the 30% federal tax credit, your net cost is about $20,592.
What is the solar payback period in Laramie?
The estimated payback period for solar in Laramie is 14.1 years, based on a $150/month electric bill and local sun hours of 5.3 hrs/day.
Does Rocky Mountain Power WY offer net metering?
Rocky Mountain Power WY offers Full Retail net metering. Full retail rate.