Cost of Solar Panels In Idaho
Updated July 6, 2024 | 8 min read
Idaho is quickly becoming a beacon for solar energy in the US! Blessed with abundant sunshine and forward-thinking financial incentives, over 35,000+ homes and businesses in the Gem State have already made the switch to solar power.
Wondering about the cost of solar panels in Idaho? Explore the detailed breakdown of solar panel costs in our state below, or request a tailored solar quote for your home, in minutes!
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How Much Do Solar Panels Cost In Idaho?
The most recent solar industry data shows that the cost of solar panels in Idaho is ranges between $11,000 - $16,000, depending on the size of your home and energy needs. Given the average home size in Idaho is around 2,300 sq ft., the average cost of solar panels in Idaho is around $14,209 before utilizing any Idaho solar incentives.
Here is the complete cost breakdown of solar panel systems in Idaho, by home size.
Home Size (sq ft) |
System Size |
Average Costs |
---|---|---|
1,500 - 1,750 | 3 kW | $9,814 |
1,750 - 2,000 | 4 kW | $11,566 |
2,000 - 2,300 | 5 kW | $14,209 |
2,300 - 2,500 | 6 kW | $16,749 |
2,500 - 2,800 | 7 kW | $18,016 |
2,800 - 3,000 | 8 kW | $20,940 |
** It's important to note that these costs DO NOT include the thousands you can save by utilizing your Idaho Solar Incentives. See which solar financial incentives you qualify for by entering your zip code below!
Enter your zip code to see which Idaho Solar Incentives your qualify for!
Do I Qualify?
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Solar Costs in Idaho: What You Need to Know!
Choosing solar energy in Idaho can lead to some seriously sunny savings. Not only does it pave the way for a greener Idaho, but it also promises potential savings on those monthly energy bills. Now, the cost of transitioning to solar might have you scratching your head. Let's break down the main factors that affect solar pricing:
- Your Home's Energy Appetite: Just like you wouldn't buy shoes without knowing your size, understanding your home's energy needs is crucial before going solar.
- Type of Solar Panels: There are several types of panels out there. Your choice can influence the final bill.
- Optional Add-ons: Thinking about adding a solar battery or extra panels?
With these factors in play, Idaho homeowners are in for a treat. Many folks who've embraced solar in our state have seen a 40% - 60% drop in electric bills. And here's the cherry on top: your solar setup could very well pay for itself in under a decade!
Installation & Labor Costs
Transitioning to solar isn't just about buying panels. Remember to budget for installation, permits, and essential inspections. These combined can contribute to 10% - 20% of the total cost. But hey, don't let that discourage you! We've got some local tips and tricks in our "Idaho Solar Savings Guide" that might help reduce those upfront costs.
Breaking Down Equipment Costs
Diving into the details, around 60-70% of the solar cost in Idaho goes to the MVPs: solar panels, inverters, and mounts. These heroes work together to ensure you get reliable and sustainable energy for years.
Let's Talk Solar Taxes in Idaho
If you're on the solar bandwagon, it's smart to think about potential taxes when buying panels and any changes in property taxes. But, and this is a big but, Idaho is pretty solar-friendly when it comes to taxes. Our state has some sweet tax incentives for folks making the sun-powered shift. Want to know more? Just pop your zip code below for all the sunny details!
Enter your zip code to see which Idaho Solar Incentives your home qualifies for!
Do I Qualify?
Please enter a zip code
How to Reduce The Costs of Solar Panels in Idaho
The Gem State shines bright with financial opportunities for those eager to embrace solar energy. Motivated by a vision to bolster its renewable energy sources, Idaho offers an array of incentives that can lead to impressive savings.
Intrigued about the solar benefits you might qualify for? Request a free solar incentive report from the expert crew at EcoGen America. They'll help you navigate the available solar rebates, advise you on the application process, and offer insights into what a tailored solar panel system might set you back for your home.
ROI on Solar | Solar Payback Period
Considering how long it might take for solar panels to pay off in Idaho? The answer might just surprise you! With Idaho's electricity pricing and the state's generous solar benefits, numerous homeowners see a return on their investment in merely 8-10 years. After this window, your solar savings essentially translate to pure profit, showcasing why solar panels are becoming such a popular choice in Idaho.
Solar Financing Options
A bit hesitant about the initial solar costs? No need to fret. With solar financing methods like power purchase agreements (PPAs) and a spectrum of solar loans, turning to solar in Idaho has never been more financially achievable. Choosing a PPA or a solar-centric loan allows you to enjoy the solar perks without a significant upfront payment.
Keen on understanding how you can adopt solar without the large initial expenses? Explore our comprehensive guide titled "How to Get Free Solar Panels in Idaho."
Idaho Solar Incentives
Idaho is truly a contender in the solar incentives arena. Locals can enjoy a noteworthy federal solar tax credit, sidestep added taxes due to property value increments, and evade taxes on solar equipment purchases. Moreover, initiatives exclusive to Idaho reward you based on your solar system's energy production. Cumulatively, these advantages make the transition to solar in Idaho both a smart and prosperous decision.
Jumping on the solar bandwagon in Idaho is likely more budget-friendly than you initially thought. With Idaho's robust solar rewards combined with diverse financing pathways, you're primed to be part of the renewable energy movement, soaking up the sun's energy, and pocketing notable savings!
Enter your zip code below to see which Solar Incentives you qualify for!
Do I Qualify?
Please enter a zip code
Are Solar Panels Worth it in Idaho?
Definitely! Solar panels have proven to be a wise choice for homeowners in Idaho. Not only can they slash your monthly electricity bills, but they also promote a cleaner, more sustainable energy landscape for the Gem State. Thanks to the state's encouraging approach, with its range of appealing incentives and tax breaks, many Idahoans discover their solar installations break even in just 7-9 years. After this milestone, your solar panels keep on producing power, ensuring savings for an additional 20-30 years or more.
Read Also: Is Solar Worth it in Idaho?
Intrigued to learn more? It's a breeze! In a short span, you can get a complimentary solar panel estimate crafted for your home. This quote will detail how your residence can benefit from solar, highlight the state-specific perks you might qualify for, and project the savings you could achieve. And the best part? You can gain all these insights without any obligation to buy. Find out why so many Idaho residents are raving about the power of solar!
Make the switch to solar and start saving in Idaho!
Contact our team of local energy consultants and see how much you can save with solar!
- You may be eligible for FREE Installation
- All quotes are 100% free with no obligation.
Want to see how much you could save with solar in Idaho?
Use our Free Solar Savings Calculator to see your potential savings by switching to solar.