Is Solar Worth It in Gillette, WY?
A data-driven analysis based on Gillette's electricity rates, sun exposure, and available incentives.
Yes, Solar Is Worth It in Gillette
With a 9.3-year payback and 276% ROI, solar is an excellent investment in Gillette.
9.3 years
Payback Period
$35,292
25-Year Savings
276%
Return on Investment
$12,768
Net System Cost
$115
Monthly Savings
$1,380
Annual Savings
6.4 kW
System Size
$730
Home Value Boost
Why Solar Works in Gillette
- +Excellent sun exposure (5 peak hours/day)
- +Full net metering — get retail credit for excess energy
- +Estimated $730 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 (12.2¢/kWh) mean smaller immediate savings
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