Wyoming / Sheridan

Is solar worth it in Sheridan?

Powder River Energy Corp averages 11.7¢/kWh. With 4.6 peak sun hours a day, a typical 7.7 kW system makes ~10,410 kWh a year and saves about $1,221 in year one.

14.2years to pay off
Electric rate11.7¢per kWh
Peak sun4.6hrs/day
System7.7 kW≈$21,175
25-yr net$23,355after cost

No federal tax credit is included. The 30% homeowner credit (IRS §25D) ended for systems installed after Dec 31, 2025. What changed in 2026 →

How Sheridan compares

That is slower than the Wyoming average of 12.4 years, mainly because Sheridan's rate is below the state average of 13.0¢/kWh. Your own payback depends on your bill: enter your ZIP and monthly bill above for your number.

Nearby cityRatePayback25-yr net
Gillette11.7¢14.1 yrs$23,261
Cody13.4¢12.9 yrs$29,129
Casper13.4¢12.0 yrs$31,082
Riverton13.4¢11.8 yrs$31,432
Jackson6.4¢21.9 yrs$4,094
Rock Springs13.4¢11.6 yrs$31,741
Laramie13.4¢12.0 yrs$31,082
Green River13.4¢11.6 yrs$31,741

Questions

How long does solar take to pay off in Sheridan, WY?

About 14.2 years for a typical 7.7 kW system at 11.7 cents/kWh, assuming $2.75/W installed, full net metering and 3% yearly rate increases, with no federal tax credit.

Is solar worth it in Sheridan?

Only in some cases; payback is long. Our estimate is $1,221 saved in year one and $23,355 net over 25 years after paying for the system.

How much does a solar system cost in Sheridan?

A 7.7 kW system sized for an average home (863 kWh/month) is about $21,175 before any local rebates, at $2.75 per watt. Real quotes vary by roof and installer.

Is there a federal solar tax credit in 2026?

Not for homeowners who buy their system. The 30% Residential Clean Energy Credit (IRS section 25D) does not apply to installations completed after December 31, 2025. State rebates, SRECs and utility incentives may still apply.

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