Is Solar Worth It in Salt Lake City, UT?
A data-driven analysis based on Salt Lake City's electricity rates, sun exposure, and available incentives.
Yes, Solar Is Worth It in Salt Lake City
With a 7.7-year payback and 350% ROI, solar is an excellent investment in Salt Lake City.
7.7 years
Payback Period
$39,645
25-Year Savings
350%
Return on Investment
$11,340
Net System Cost
$122
Monthly Savings
$1,464
Annual Savings
6 kW
System Size
$648
Home Value Boost
Why Solar Works in Salt Lake City
- +Excellent sun exposure (5.3 peak hours/day)
- +Full net metering — get retail credit for excess energy
- +Estimated $648 increase in home value
- +30% federal tax credit reduces upfront cost significantly
- +Protection against future electricity rate increases (avg 3%/year)
Considerations
- -Lower electricity rates (12.8¢/kWh) mean smaller immediate savings
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