Solar Panel Cost Guide in Anthem, AZ (2024 Update)
- Anthem Solar Installation Cost: $10,991
- 25-Year Savings: $26,624
- Payback Period: 7.6 Years
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Average Cost of Solar Panels in Anthem
Here’s how much it might cost to switch to solar power in Anthem.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Anthem, the typical cost of a solar system is 3 per watt.Using this figure, a typical 5.1-kW system would cost about $10,991 before the 0 federal solar tax credit is applied.
These figures are only averages, and how much solar costs for you may look different based on the amount of energy your home requires and what company you choose to go with.Many homeowners find adopting solar power is a solid investment. The average homeowner in Anthem can save around $27,000 on their energy bills over 20 years.
For a personalized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Anthem
| Year | Return on Investment |
|---|---|
| 1 years | $-9,326 |
| 3 years | $-5,995 |
| 5 years | $-2,664 |
| 7 years | $668 |
| 9 years | $3,999 |
| 11 years | $7,330 |
| 13 years | $10,661 |
| 15 years | $13,992 |
| 17 years | $17,323 |
| 19 years | $20,654 |
| 21 years | $23,985 |
| 23 years | $27,316 |
| 25 years | $30,647 |
Top Solar Installers in Anthem
DIY solar panel installation is a possibility, but it's an undertaking that can be a pain. Going with a solar panel installer can make converting to solar power much easier. Plus, if you aren’t sure what kind of solar panels and equipment you want, a solar installer can help you figure that out after a site survey and consultation.
There are a number of licensed solar professionals that can help you install your solar panels. Here are our suggestions:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
See all of the solar companies in Anthem
Factors that Affect Solar Panel Costs in Anthem
There are many factors that can determine your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment
The size of the solar system you need to offset your energy usage, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $3,070. There are a lot of different solar panel brands and the one you choose also affects the cost. Generally speaking, the brands that have better efficiency tend to also be more expensive. Additionally, the type of equipment you’re looking to install can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a big investment. That’s why many Anthem homeowners opt to finance their solar panel systems to offset upfront costs.Though solar loans make adopting solar energy more accessible for Anthem homeowners, they can also increase the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar company you pick will impact your total cost to make the switch to solar power. Different companies will bill different amounts for the equipment and labor.The size of the company can sometimes play the most significant role in your costs. Larger national companies, like SunPro and Sunrun, often have lower pricing due to greater resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing down to compete with bigger companies.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.19 | $13,410 | $28,786 | 7.9 years |
| 8 kW | $3.13 | $17,536 | $38,725 | 7.8 years |
| 10 kW | $3.07 | $21,490 | $48,836 | 7.6 years |
| 12 kW | $3.01 | $25,272 | $59,118 | 7.5 years |
| 14 kW | $2.95 | $28,883 | $69,573 | 7.3 years |
| 16 kW | $2.89 | $32,321 | $80,200 | 7.2 years |
| 18 kW | $2.82 | $35,587 | $90,999 | 7.0 years |
| 20 kW | $2.76 | $38,682 | $101,969 | 6.9 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you find the right company for you, here are some tips to keep in mind:
- Warranty: An all-inclusive, long-term warranty can help keep your solar system running for a long time and save you money on repairs and maintenance.
- Reputation: Your solar installer should have a sound reputation as a company and have demonstrated expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from past customers.
- Installation Process: An important thing to understand when adopting solar power is the installation process itself. Be sure to clarify any details you need to know with your solar company, such as what permits you should acquire and what the project timeline is.
- Contract: Before signing a contract with a solar installer, make sure you look it over carefully so you understand the terms. Also, ask questions if you’re not sure about some of the terms, such as what the warranty covers and what services you can expect from them.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
EcoWatch's Anthem, AZ Solar Cost FAQs
How much does it cost to install solar panels in Anthem?
The average cost of solar panels in Anthem is about $15,350 for a 5-kW system and $30,700 for a 10-kW system before the ITC, but the actual cost will depend on certain factors like the type of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Anthem?
A solar panel system isn’t free in Anthem, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Can you sell solar power back to the grid in Anthem?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just give you credit toward your future utility bills.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and the amount of sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to account for their typical energy usage.
Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.