Wyoming Solar Panel Savings Calculator

Wyoming Solar Panel Savings Overview

Wyoming receives an average of 5.2 peak sun hours per day, making it an excellent state for solar energy production. With electricity rates averaging 11.6¢ per kWh — below the national average — longer payback periods are typical but savings still add up over time. The typical Wyoming homeowner with a 6kW system can expect to save approximately $1,020 per year.

Solar Energy Production in Wyoming

A standard 6kW residential solar panel system in Wyoming produces approximately 9,110 kWh per year. This accounts for a system efficiency factor of 80%, which includes panel degradation, inverter losses, and temperature effects. At 5.2 peak sun hours per day, Wyoming offers good solar production — enough to offset a significant portion of typical household electricity consumption.

Wyoming Electricity Rates and Solar Context

The average residential electricity rate in Wyoming is 11.6¢ per kWh according to EIA data. While this rate is below the national average, electricity costs are rising approximately 2-3% per year. Over a 25-year system lifetime, your cumulative savings will still be substantial. With utility rates increasing annually, your solar savings grow each year.

Wyoming Solar Incentive Programs

Net metering available. No state income tax. Federal 30% ITC. All Wyoming residents are eligible for the federal 30% Investment Tax Credit (ITC), which reduces the cost of a solar system by 30% of the total installed price. Wyoming also offers full retail net metering, allowing homeowners to earn credits for excess solar energy sent back to the grid.

Net Metering in Wyoming

Wyoming has full retail net metering, which is a significant financial benefit for solar homeowners. Under full retail net metering, you receive credit at the full retail electricity rate for every kilowatt-hour of excess solar energy you export to the grid. This is the most favorable policy for solar homeowners.

Best Cities for Solar in Wyoming

The best cities for solar panels in Wyoming include Cheyenne, Casper, Laramie, Gillette, Rock Springs. Solar production can vary by location within the state due to differences in cloud cover, local shading, and microclimates. Southern-facing roofs with minimal shading produce the most energy. Homeowners in Cheyenne and Casper can typically expect production close to the state average of 5.2 peak sun hours per day.

How Wyoming Compares to Neighboring States

Compared to neighboring states, Wyoming (11.6¢/kWh, 5.2 sun hours) has better sun exposure and has lower electricity rates. See how solar savings compare in Montana, South Dakota, and Nebraska.