Solar Panel Cost Guide in Arizona City, AZ (2024 Update)
- Arizona City Solar Installation Cost: $11,072
- 25-Year Savings: $25,225
- Payback Period: 8.0 Years
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Average Cost of Solar Panels in Arizona City
Let’s have a look at the average cost of solar in Arizona City.
The average cost of a solar system in Arizona City is 3 per watt.Because a 5.2-kW system is needed to cover the energy usage of a typical home in Arizona City, the average price of going solar will be about $11,072 after claiming the federal solar tax credit of 0.
Bear in mind that the figures above are only estimates based on the average energy use of Arizona City homeowners. The cost of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor.Despite the significant upfront cost, the average Arizona City homeowner can save about $26,000 on their electricity bills over 20 years, which is one of the perks of solar.
To get a free quote from a top solar company in Arizona City, you can click the button below.
Solar savings over time in Arizona City
Year | Return on Investment |
---|---|
1 years | $-9,407 |
3 years | $-6,076 |
5 years | $-2,744 |
7 years | $587 |
9 years | $3,918 |
11 years | $7,249 |
13 years | $10,580 |
15 years | $13,911 |
17 years | $17,242 |
19 years | $20,573 |
21 years | $23,904 |
23 years | $27,235 |
25 years | $30,566 |
Top Solar Installers in Arizona City
Although you can install solar panels by yourself, it takes extra effort and expertise. Because of that, the majority of homeowners choose a solar panel installer. Solar companies provide key benefits that can help you maximize your investment, like warranties, monitoring and free repairs.
If you're searching for a solar installer in Arizona City, the EcoWatch team has compiled a list of our top suggestions here:
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 Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Arizona City
Factors that Affect Solar Panel Costs in Arizona City
Cost is often one of the most important factors for homeowners considering investing in solar. There are a few major factors that determine your overall cost in Arizona City: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.
Solar Equipment
When it comes to estimating the cost of a solar panel system in Arizona City, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home’s energy usage, which you can gauge by looking at past electricity bills. Your total cost can increase by around $3,070 for each additional kilowatt you need.Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Arizona City, where sunlight is abundant, efficiency can quickly pay off. Plus, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be financially overwhelming. Solar loans are offered by most installers in Arizona City, which can bring down, or in some cases eliminate, your upfront costs to make solar more accessible.However, the interest on solar loans also increases your total costs, so it’s important to include that in your estimate as well. You can always reduce the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Arizona City is the company you get to install your solar system. Similar to choosing a company to build a deck or pool, for example, there are plenty of solar installers that provide a range of services at different costs.Larger national companies typically have lower costs, but some local companies compete with them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or add-on services like electric vehicle charger installation, they might be cheaper overall.
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 | $26,927 | 8.3 years |
8 kW | $3.13 | $17,536 | $36,247 | 8.2 years |
10 kW | $3.07 | $21,490 | $45,738 | 8.0 years |
12 kW | $3.01 | $25,272 | $55,402 | 7.8 years |
14 kW | $2.95 | $28,883 | $65,237 | 7.7 years |
16 kW | $2.89 | $32,321 | $75,244 | 7.5 years |
18 kW | $2.82 | $35,587 | $85,424 | 7.4 years |
20 kW | $2.76 | $38,682 | $95,775 | 7.2 years |
How to Save on Solar Panels
Since the kind of solar panels and the installation company you choose has an impact on your costs and your system’s durability and efficiency, it’s important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Solar Panel Brands: Each solar panel brand and kind has varying levels of quality, durability and energy efficiency. They will come at different prices as well. The company you choose plays a role in which solar panel brands you have access to.
- Contract: It’s important to read your solar installer’s contract closely to understand what services they will provide, what the warranty covers and what you can expect about the cost.
- Installation Process: Make sure you’re on the same page with the installer in regard to how the installation process will go and what you need to do before your solar panels are installed, such as updating your electrical system or roof.
- Warranty: Each company may offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
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 Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Arizona City, AZ Solar Cost FAQs
What is the average cost of installing solar panels in Arizona City?
The average cost of solar panels in Arizona City is about $15,350 for a 5-kW system and $30,700 for a 10-kW system before the ITC, but the real cost will depend on stuff like the model of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider apart from cost when buying solar panels?
Cost is definitely one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Do solar panels increase your home value?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Arizona City is currently $311,563, so you can look forward to a value of about $12,774 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Arizona City is a worthwhile investment.
How often do you have to replace solar panels?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can opt to replace them after having them for that long or you can keep using them at a lower efficiency.
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.