Solar Savings Calculator for Gillette, WY
Homeowners in Gillette pay an average of $115/month for electricity through Rocky Mountain Power. With 5 peak sun hours per day, solar panels can significantly reduce your energy costs.
$115
Avg Monthly Bill
12.2¢/kWh
Electricity Rate
5h/day
Peak Sun Hours
$35,292
Est. 25-Year Savings
Calculate Your Savings in Gillette
Adjust Your Details for Gillette, WY
$
$50$1,000
50010,000
5¢50¢
Your Estimated Solar Savings
System Size
6.4 kW
Panel Count
16 panels
Total System Cost
$18,240
Federal Tax Credit (30%)
-$5,472
Net Cost
$12,768
Annual Savings
$1,380
Payback Period
9.3 years
25-Year Savings
$35,292
Return on Investment
276%
* Estimates based on 5 peak sun hours/day in Gillette, WY, system cost of $2.85/watt, 30% federal ITC, 3% annual electricity inflation, and 0.5% annual panel degradation over 25 years. Actual results may vary.
Local Solar Details for Gillette
Utility & Permits
- Utility Company
- Rocky Mountain Power
- Permit Cost
- $225
- Permit Timeline
- 2-3 weeks
- Net Metering
- full
System Estimates
- Recommended Size
- 6.4 kW
- Panel Count
- 16 panels
- Gross Cost
- $18,240
- Net Cost (after credits)
- $12,768
Available Incentives for Gillette, WY
Federal Solar Investment Tax Credit (ITC)
Reduces federal income tax liability by 30% of the total cost of a solar energy system, including equipment and installation.
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