Benefits and Incentives

Solar is a complicated decision. We’ve compiled the highlights of everything you need to know, from state and federal tax incentives, to the best financing options. Our goal is to provide you with premier service, so you can see why Mynt is the top rated solar and roofing company in the area.

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Solar Trends in Utah

Renewable energy is on the rise in the state of Utah. As of 2019, Utah was 10th on SEIA’s national solar rankings, up from 27th the year before. The state currently gets about 6.5% of its energy from solar.

Cost of Solar Panels in Utah

Solar technology has advanced to the point where there are lots of excellent options out there. However, it may not always be in your best interest to put the most powerful panels available on your roof. If your goal is to offset the cost of your power bill at the lowest possible price, a more practical and efficient system usually makes the most sense. Mynt will provide a free analysis, based on your exact situation and recommend the system that make the most sense for you financially. Don’t get sold a Lamborghini when what you really need is a safe and efficient sedan.

Solar Incentives in Utah

If you install a solar panel system on your home in Utah, the state government will give you a tax credit of 25 percent of your total equipment and installation costs, up to $1,600.

Federal Solar Tax Incentives

The investment tax credit (ITC), also known as the federal solar tax credit, allows you to deduct 26 percent of the total system cost

on your federal taxes. The ITC applies to both residential and commercial systems, and there is no cap on its value. On average, this credit amounts to $5,000-$7,000 and is dispersed either all at once, or incrementally, based on your total tax liability. 

Solar Financing in Utah

Mynt offers some of the best solar financing options available on the market. Rates start as low as 2.99% and come with a variety of term options (usually either 12 or 20 yrs). Mynt financing is always $0 down. Or for the best possible price, you can always pay cash. In this case, we require 50% at signing and 50% once the system is up and running.  

TOP Utah SOLAR Service Areas

Other Utah Service AreaS

  • Solar in Alpine, UT

  • Solar in American Fork, UT

  • Solar in Bluffdale, UT

  • Solar in Bountiful, UT

  • Solar in Brigham City, UT

  • Solar in Cedar City, UT

  • Solar in Cedar Hills, UT

  • Solar in Centerville, UT

  • Solar in Clearfield, UT

  • Solar in Clinton, UT

  • Solar in Cottonwood Heights, UT

  • Solar in Draper, UT

  • Solar in Eagle Mountain, UT

  • Solar in Farmington, UT

  • Solar in Heber, UT

  • Solar in Herriman, UT

  • Solar in Highland, UT

  • Solar in Holladay, UT

  • Solar in Hurricane, UT

  • Solar in Kaysville, UT

  • Solar in Lehi, UT

  • Solar in Lindon, UT

  • Solar in Logan, UT

  • Solar in Midvale, UT

  • Solar in Murray, UT

  • Solar in North Ogden, UT

  • Solar in North Salt Lake, UT

  • Solar in Payson, UT

  • Solar in Pleasant Grove, UT

  • Solar in Riverton, UT

  • Solar in Roy, UT

  • Solar in Santaquin, UT

  • Solar in Saratoga Springs, UT

  • Solar in Smithfield, UT

  • Solar in South Jordan, UT

  • Solar in South Ogden, UT

  • Solar in South Salt Lake, UT

  • Solar in Spanish Fork, UT

  • Solar in Springville, UT

  • Solar in Syracuse, UT

  • Solar in Tooele, UT

  • Solar in Vernal, UT

  • Solar in Washington, UT

  • Solar in West Haven, UT

  • Solar in West Point, UT

  • Solar in Woods Cross, UT

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