Solar panel cost in Wyoming

The average cost for an installed residential solar system in Wyoming is currently $11,397 after claiming the 26% federal solar tax credit. This is $2.57 per watt.

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Prices based on a 5.7kW system, after 26% federal tax credit

Solar prices near you

Cost range of local prices


Net profit (savings less system cost)


Payback period

6-7.3 years

Recommended size for the selected utility bill


Chart 1: Distribution curve of WY residential solar cost 2020
SolarReviews average

Note: Prices after 26% Federal Solar Tax Credit

WY solar panel cost calculator

Cash flow graph based on cash purchase of a 5.7kW system

Wyoming solar power overview

There is some room for improvement when it comes to solar power in Wyoming. There are no state-based or utility-based incentives for installing solar. Also, there is no renewable portfolio standard, which is often what pushes utilities to create rebates for customers. 

The bright side is that Wyoming receives a lot of sunlight, so a solar system here will produce more than a system would in other parts of the country. 

Also, Wyoming has a statewide net metering policy in place so that solar customers receive compensation for the excess generation their solar system produces. Not to mention, Wyoming residents can take advantage of the 26% federal solar tax credit, as well.

Are solar panels worth it in Wyoming

Solar panels have fallen in price by more than 80% in the last ten years. In 2020 they also remain subsidized by the 26% federal tax credit and the net metering law, making them an excellent investment. They offer a return well above the long term average return from both the share market and also property investment.

Another way to look at this question is the levelized amount you will pay for each kWh of power you will use over the next 25 years with and without solar panels. As you can see below the savings are significant.

Levelized cost of solar energy
Levelized cost per kWh is the cost of the solar system divided by the total number of kWh produced by a solar system over it’s lifetime

4¢ /kWh

If you don't get solar

30¢ /kWh

(forecast avg Wyoming electric rates over the next 25 years)

Wyoming solar incentives & tax credits

Federal solar tax credit

The most significant incentive to install solar panels for homes and businesses is the federal solar tax credit. At the end of 2020, the amount of credit will decrease from 26% to 22% of the cost of the solar installation. Because home and business owners want to get the largest incentive amount possible, solar panel installation companies will likely be flooded with new projects before year’s end. In order to maximize your savings potential, the best time to go solar in Wyoming is now.

Net metering

Wyoming law requires utilities to offer net metering to their customers with solar systems that are less than 25 kilowatts (kW) in size. Utilities can opt for offering kilowatt-hour (kWh) credits, which would be equal to the full retail value of electricity, to be applied to monthly electricity bills.

They also have the option to propose an alternative rate at which to credit excess energy to the Public Utilities Commission.

Table 2: Available incentive programs
Eligibility: Federal incentive
Type: Personal Tax Credit
Eligibility: State incentive
Type: Net Metering

Top 10 solar panel brands installed in Wyoming in 2020

Average cost of solar panel installation in Wyoming by system size

System size*
Cash purchase

(After tax credit)

Financed purchase

(After tax credit)

4kW $11,204 $11,988
5kW $13,420 $14,359
6kW $15,402 $16,480
7kW $17,780 $19,025
8kW $20,560 $21,999
9kW $22,374 $23,940
10kW $24,590 $26,311

Best solar companies in the main cities of Wyoming

Different types of solar companies

Solar company reviews

Home solar basics

Is it better to lease or buy solar panels in Wyoming

You will save most money by buying your solar system rather than leasing it. Read more about the pros and cons of leasing vs buying solar.

How long do solar panels last?

Minimum of 25 years but generally 30 or more

How do solar panels work on a home?

Solar panels power your house when they can but your home uses the utility company for power at other times. In 2020 "solar systems with battery storage" are becoming more popular. These are known as hybrid systems.

How do solar panels work?

Grid-tied solar system

Solar panels are mounted on your roof and wired together in groups called solar arrays. The power they generate flows into a solar inverter where the direct current (DC) electricity is converted into alternating current (AC) electricity that can be used by your home or exported to the electric grid.

Off-grid solar system

Off-grid solar power involves meeting all your energy needs from the power of the sun. There’s no utility to fall back on. This means the solar installation needs to power the home not just during the day, when the sun is shining, but after dark as well.

Read more about types of home solar systems.

Do solar panels require regular maintenance?

No, but cleaning them can improve power generation if they are dirty.

Will residential solar power system cost fall in Wyoming in 2020?

Given this environment, and the effect of import tariffs placed on solar panels by the Trump administration during 2018, it is hard to see that solar power system prices in Wyoming will fall during 2020.

Can you buy DIY Solar Panel Kits and install them yourself in Wyoming?

Yes you can! In some cases, you can save $3,000 or more when you install solar yourself, even after receiving the federal tax credit. Despite the potential for savings, data from Lawrence Berkeley Labs shows that only about 3% of homeowners choose DIY solar. 

Reasons for this include:

  • The permitting and inspection process for the utility, the state, and municipalities can be quite complex.
  • The installation work is both dangerous and difficult, with electrical work having to be performed at heights.
  • Often times, solar electricity customers will be charged a premium for DIY installations, which can limit savings.
  • In some states, a solar system needs to be installed by a qualified solar contractor in order to take advantage of incentives. In Washington D.C., a solar installer must have an electrician’s license in order to be considered qualified. Utilities and incentive programs may have additional requirements.


SolarReviews does not recommend DIY solar installations unless you have suitable skills. However, for those who do, SolarReviews published a comparison table displaying solar panel kit prices from the top 10 leading solar kit websites in the US.

Buy DIY solar panel kits online

Prices don’t include installation, permits or inspections

How much electricity do solar panel systems generate in Wyoming?

Depending on the location, solar panels will generate different amounts of electricity.

A solar system that is installed on a south-facing 22-degree pitch roof Wyoming will generate 1,550kWh of peak DC (direct current) capacity per year per 1kW in Wyoming.

Enter your details into the solar panel calculator to see how your location, roof tilt, and roof direction impacts solar panel production.

What are the pros and cons of installing solar panels in Wyoming?

The advantage of installing solar panels in Wyoming is the state’s net metering policy. Also, the state receives an abundant amount of sunshine, so a solar system here will produce more electricity than it would in other areas within the US.

The disadvantage of installing solar panels in Wyoming is that there are no state or utility-based incentives. Wyoming residents won’t be able to save as much as residents of other states. However, the combination of net metering and the 26% federal tax credit still creates the opportunity for savings.

Enter your details to calculate the cost and savings you are likely to get from installing solar panels for your home.

What you can learn from our state solar panel calculator

This solar calculator requires you to input your address, utility company, your average monthly power spend - it tells you:

If you want to see all of the above but also see live pricing, the three best solar deals available in your city and get binding quotes from each of these solar companies then use this Wyoming solar panels calculator. This calculator requires you to also input your name and contact details because most of our 200+ installer partners will only authorize the sharing of their live solar pricing where we have validated that you are a real homeowner with a home in their service area. We respect the privacy of your data and only share your contact details with the solar companies you ask us to get binding quotes from.

Note: Please keep in mind that the best source of up-to-date information on incentives are the solar installers who specialize in your area.

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