Utah Solar Panel Quotes | Salt Lake City - 123SolarPower

Utah Incentives

When one thinks of Utah, images of colorful, rocky desert, outcroppings and canyons come to mind along with the vastness of the Great Salt Lake. This sunny desert environment provides 6.5 kilowatt hours of sunlight per square meter in some regions and 6.0 kWh in the rest of the state. This sunlight makes Utah a prime candidate for solar power installations, especially for residential solar panels Utah. Combine this with the financial incentive programs available such as net metering, tax incentives, and rebates offered by some utilities and there is great motivation for homeowners to install photovoltaic (solar panel) systems. This motivation is further augmented by the fact that Utah allows third party ownership, or leasing, of solar equipment to residents who would not be able to afford purchasing and installing their own system.

Utah, despite its abundant sunshine, ranks only 23rd in the nation for photovoltaic installs. This means home solar panels Utah are even more significant for the state to reach its voluntary renewable portfolio goal of 20 percent renewable resource produced electricity by the year 2025. At present, the greatest portion of electrical power is generated by coal burning power plants. The remainder is obtained by hydroelectric and natural gas fired plants as well as two geothermal power plants.

Utah Net Metering

The net metering law requires investor owned utilities and cooperative utilities to offer net metering to customers with solar panels Utah. Rocky Mountain Power, the state’s only investor owned utility, must net meter up to 20 percent of the previous year’s peak demand. For the cooperative utilities the figure is set at only 0.1 percent. Municipal utilities are exempt from the program. Rocky Mountain Power credits customers at the retail rate for all power fed back into the grid. The cooperatives credit customers for avoided costs of additional generation. Residential customers with systems up to 25 KW are eligible for net metering. Commercial customers are capped at 2 megawatts. Despite being exempt, some cities and municipalities have voluntarily adopted net metering programs. It is now very common to see solar panels Salt Lake City and their number keeps growing every day. Customers are urged to contact their local utilities or check their websites for net metering information.

Utah Renewable Energy Tax Credit

Residents of Utah may apply for a tax credit of $2,000 or 20 percent of the materials and installation costs of a photovoltaic system. Builders can also take a tax credit for the installation of solar systems on newly constructed homes. Applying for the credit is a two-step process. First an application must be filed with the Utah State Energy Program. Next tax form TC-40A must be filled out and submitted with the annual state tax filing. This can be done up to four years after the project is completed. Complete documentation such as invoices, receipts and plans must be provided. In addition residents may also take advantage of the federal solar tax credit of 30 percent by filing form 5695 along with form 1040. Read more about Utah's tax credits here.

123SolarPower Guides and Provides

The State of Utah has offered solar rebate programs in the past which were available until a determined capacity was reached. These programs become available at certain times until filled. At 123SolarPower, a leading provider of photovoltaic systems, solar installers Utah are available to help you realize which rebate program is in effect and until when. They will also help you navigate the incentive system on a state and local level for any other programs that are available. Our solar professionals will also determine the most cost effective KW system to provide you with the maximum benefit. For further information and a free customized consultation, simply fill out the easy online form on this site or call 800-294-2397. We truly look forward to helping you save energy and money too.

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Frequently Asked Questions

When making any modifications to the home, questions always arise. In order to discern whether adding solar panels is a good idea for a given home, having answers to the most frequently asked questions can help. These answers can not only help a homeowner decide whether or not to install solar panels on their home, but they may also help to alleviate some fears and/or concerns that homeowners have about solar power.

Will solar panels benefit my home if I do not have constant access to the sun?

It is a myth that only sunny places like California and Hawaii can benefit from the installation of solar panels. While solar panels do generate more power in areas that have more access to the sun, there are solar panels that are capable of capitalizing on diffused solar rays. These are the kind of solar rays that fall on overcast days.

What incentives are available to me?

There are many incentives in place to help convince homeowners to install solar panels. For example there are tax credits at both the state and federal levels. While the tax credit value varies by state, to the credit ranges to upwards of 25% on installation up to $1,000. Furthermore, most solar power devices are sales tax exempt. The federal tax credit is 30% on installation with no limit. For more information about tax incentives in your state, call 800-294-2397 to speak with a solar consultant.

What is the difference between on the grid and off the grid?

On the grid refers to one still being attached to the electric grid and essentially creates a solar/electric hybrid system. Off the grid refers to relying solely on solar power as the home is completely disconnected from any electric grid.

While solar panels may be expensive to install, the long-term savings (both personally and as a member of society) really outweigh the upfront costs. Moreover, the tax breaks available (through 2016) can also help to recoup some of the costs.

Adding solar panels to your home can benefit you in many ways—including tax credits and a decrease in your electric bill. For more information, please complete the online form or call 800-294-2397.

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