Solar Panel Cost in 82007

· Source: NREL and SEIA

Cheyenne, Wyoming · Moderate ROI

Payback 12.2 years

6kW System Cost Breakdown

Gross Installation Cost $18,000 $3/W installed
Federal Tax Credit (30%) −$5,400 ITC through 2032
Net Cost After Credit $12,600 Your out-of-pocket cost

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Savings & ROI for 82007

Annual Electricity Savings $1,033 At $0.111/kWh local rate
Annual Solar Production 9,305 kWh 5.31 kWh/m²/day irradiance
Break-Even Point 12.2 years Moderate ROI
25-Year Net Savings +$13,225 After total system cost

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Solar Resource in Cheyenne

Cheyenne (82007) receives an average of 5.31 kWh/m²/day of solar irradiance, based on latitude 41.165°N and Wyoming regional weather patterns from NREL data. At the local electricity rate of $0.111/kWh, a 6kW system generates roughly $1,033 per year in bill savings.

Solar irradiance vs. US average (4.5 kWh/m²/day)
07.5 kWh/m²/day

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How We Calculate Solar Costs for 82007

Costs are based on the average price per watt for Wyoming ($3/W), applied to a standard 6kW residential system. Solar irradiance is derived from NREL PVWatts data for latitude 41.165°N, adjusted for local weather patterns. Electricity rate uses the Wyoming EIA average of $0.111/kWh.

The 30% federal Investment Tax Credit (ITC) applies as a credit against your federal income tax liability. Many states offer additional credits; check your state's energy office for local incentives.

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