The cost of solar panels in Spanish Fork, UT

Updated Jan 18, 2024

  • You'll pay an average of $14,685 to install a 5 kilowatt solar panel system in Spanish Fork, UT, before incentives.

  • The federal investment tax credit (ITC) lowers that price by 30% of all your solar equipment and installation costs.

  • With EnergySage's competitive marketplace, you can expect to see prices up to 20% lower than if you work with a single company.

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Written by: Emily Walker

As of February 2024, the average solar panel system costs $2.94/W including installation in Spanish Fork, UT. For a 5 kW installation, this comes out to about $14,685 before incentives, though prices range from $12,482 to $16,888. After the federal tax credit, the average price drops by 30%.

Average price of a 5 kW solar panel installation in Spanish Fork, UT

Good Price
$12,482 or less
Market Average
$14,685
High Price
$16,888 or more

You'll probably pay even less than what we show here. It doesn't include the federal ITC or Spanish Fork, UT state incentives, which will lower this price by at least a few thousand dollars.

Your solar panel cost depends on your system's size

It may seem obvious but larger solar panel systems cost more money. We use cost per watt ($/W) so you can easily compare quotes, controlling for slight variations in system size.

While a 5 kW system will only cost you $14,685 in Spanish Fork, UT, doubling the system size effectively doubles the price, so you'll pay about twice that for a 10 kW system. The higher the price tag, though, the more you'll get back as a credit towards your federal tax bill.

Average solar cost by system size in Spanish Fork, UT

System Size
System Cost
System Cost (after ITC)
3 kW$8,811$6,168
4 kW$11,748$8,224
5 kW$14,685$10,280
6 kW$17,622$12,335
7 kW$20,559$14,391
8 kW$23,496$16,447
9 kW$26,433$18,503
10 kW$29,370$20,559

Are solar panels worth it in Spanish Fork, UT?

Solar panels are worth it in most areas, including Spanish Fork, UT. Certain factors, including the cost of electricity, incentives, climate, and the angle at which the sun hits your roof impact how quickly you break even on your investment relative to other areas around the U.S. 

If you pay for your system with cash, you'll save about $13,481 over 20 years on electricity costs with a 5 kW system in Spanish Fork, UT. We generate this estimate based on real solar quote data from our Marketplace. It considers your system's cost, the federal tax credit, and inflation rates.

If you don't have access to net metering, these estimates don't account for utility net billing rates.

Payback Period
13.14 Years
20-Year Savings
$13,481
Cost-per-Watt
$2.94

If you can't shell out $14,685 in cash to pay for solar, don't sweat it. You can choose to finance your system with a loan instead. Some companies even offer $0-down loans so you can start saving on day one if your loan payments are less than your current electric bills. Just keep in mind that your long-term savings will be lower with a loan due to interest rates.

Find out what solar panels cost in your area in 2024
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The numbers we're showing are averages. The price you'll pay for solar depends on many factors unique to you and your home:

If you're looking for solar companies in UT, here are some popular suggestions:

  • Apollo Energy
    Ogden, UT
    Established 1999
    Advanced Installer
    Unfortunately, solar is not one size fits all.
    At Apollo Energy, we want to educate you on which system is best i...
    Advanced Installer
    Screened & Verified
    5.0 /5.0
    20 Reviews

    Unfortunately, solar is not one size fits all.
    At Apollo Energy, we want to educate you on which system is best i...
  • Avail Solar
    Salt Lake City, UT
    Advanced Installer
    Are you looking to minimize your electric bill and increase your energy independence? Discover Avail Solar - your...
    Advanced Installer
    Screened & Verified
    5.0 /5.0
    4 Reviews

    Are you looking to minimize your electric bill and increase your energy independence? Discover Avail Solar - your...
  • Smart Wave Solar
    Bluffdale, UT
    Advanced Installer
    At Smart Wave Solar we offer an amazing price, but that doesn't mean we cut corners! In fact, the opposite is tru...
    Advanced Installer
    Screened & Verified
    4.5 /5.0
    39 Reviews

    At Smart Wave Solar we offer an amazing price, but that doesn't mean we cut corners! In fact, the opposite is tru...
  • RedSun Solar LLC
    Herriman, UT
    Approved Installer
    RedSun Solar making solar make cents. Buying Direct from the contractor skipping the sales pitch.

    Redsun Solar pr...
    Approved Installer
    Screened & Verified
    5.0 /5.0
    7 Reviews

    RedSun Solar making solar make cents. Buying Direct from the contractor skipping the sales pitch.

    Redsun Solar pr...
  • ION SOLAR
    Provo, UT
    Established 2013
    Approved Installer
    Premium Experience
    Switching to solar shouldn’t be complicated. While other companies promise simplicity they sim...
    Approved Installer
    Screened & Verified

    Premium Experience
    Switching to solar shouldn’t be complicated. While other companies promise simplicity they sim...

Solar is a major purchase, but you can get the price tag to come down a bit by being an educated shopper. Taking advantage of incentives and rebates and shopping around for quotes can bring down your cost of solar in Spanish Fork, UT.

Take advantage of federal and local solar incentives

As long as your federal tax bill is high enough, you can take advantage of the federal tax credit in Spanish Fork, UT. This incentive allows you to apply 30% of your solar installation and equipment costs toward your federal tax bill. If the amount exceeds your tax bill, you can roll over the remaining credit to the following year. Many states also offer great local incentives and rebates.

Get quotes from multiple installers

Comparing multiple solar quotes can save you money through competition and transparency. Each additional quote you receive for solar will help you find the right solar panel system at the right price.

This is where EnergySage can help. With funding from the Department of Energy’s SunShot Prize, EnergySage opened the country’s first (and now the largest) marketplace for home solar panel installations. We gather custom solar quotes from local installers on your behalf and put them in an easy-to-compare format. When you compare quotes for solar panels on the EnergySage Marketplace, you can expect to see prices up to 20% lower than if you work with a single solar company.

Why shop with EnergySage?

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