Is Solar Worth It in Wyoming in 2026?
Complete analysis of solar costs, incentives, net metering, and payback for Wyoming homeowners — without the federal ITC.
Cost Per Watt
$2.90
installed
Electricity Rate
$0.160
per kWh
Payback (No ITC)
15 yr
current reality
Payback (With 30% ITC)
10.5 yr
hypothetical
25-Year ROI
67%
return on investment
Incentive Breakdown — Wyoming
Available incentives for a typical 7kW residential solar system in Wyoming
Federal ITC (25D)
ExpiredThe federal solar Investment Tax Credit expired on January 1, 2026. No federal credit available for new installations.
State Tax Credit
NoneWyoming does not offer a state tax credit for solar installations.
SREC Market
Not AvailableWyoming does not have a traditional SREC market.
Property Tax Exemption
No statewide property tax exemption for solar
Sales Tax Exemption
No statewide sales tax exemption for solar
Key Incentives: No major state-level incentives currently available.
Solar Math — With vs Without Federal ITC
Cost breakdown for a typical 7kW residential system in Wyoming
2026 Reality (No Federal ITC)
- System Size
- 7 kW
- Cost per Watt
- $2.90/W
- Gross Cost
- $20,300
- Federal ITC
- $0
- Net Cost
- $20,300
- Annual Savings
- $1,354/yr
- Payback Period
- 15 years
Hypothetical (With 30% ITC)
- System Size
- 7 kW
- Cost per Watt
- $2.90/W
- Gross Cost
- $20,300
- Federal ITC (30%)
- -$6,090
- Net Cost
- $14,210
- Annual Savings
- $1,354/yr
- Payback Period
- 10.5 years
Impact: Without the federal ITC, Wyoming homeowners face a 4.5-year longer payback period — paying $6,090 more out of pocket.
Net Metering Policy — Wyoming
How Wyoming compensates your excess solar production
Reduced export credits or net billing — you earn less than retail for excess solar. Moderate impact on payback.
Wyoming mandates net metering but at the utility's avoided cost, below full retail rate.
Cost Per Watt Benchmark — Wyoming
Wyoming Average
$2.90/W
National Average
$3.05/W
Typical 7kW System
$20,300
Wyoming's average installed cost is below the national average of $3.05/W
Breakeven Timeline
Without the federal ITC, a typical 7kW system in Wyoming breaks even in 15.0 years. With the former 30% ITC, payback would drop to 10.5 years.
Without Federal ITC
15
years to break even
With Former 30% ITC
10.5
years to break even
Production Details
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