Solar Panel Cost Guide in Camp Verde, AZ (2024 Update)
- Camp Verde Solar Installation Cost: $11,366
- 25-Year Savings: $22,726
- Payback Period: 8.8 Years
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Average Cost of Solar Panels in Camp Verde
Let’s have a look at the average cost of solar panels in Camp Verde.
The national average cost of solar panels is $2.66 per watt, but in Camp Verde it’s 3 per watt.To account for the typical energy needs of the average home in Camp Verde, most homeowners require a 5.3-kilowatt system. Using the figure above, a solar installation costs around $11,366, or $16,253 before the federal solar tax credit of 0 is applied.
How much you pay can be higher or lower than the average in Camp Verde based on several factors, such as the type of solar panels you choose and the solar installer you hire.But, after you've paid the upfront cost of installation, the ROI for most homeowners is typically fruitful, with a net average savings of about $23,000 over 20 years on electricity bills.
To receive a free quote from a highly rated solar installer in Camp Verde, you can click the button below.
Solar savings over time in Camp Verde
| Year | Return on Investment |
|---|---|
| 1 years | $-9,701 |
| 3 years | $-6,370 |
| 5 years | $-3,039 |
| 7 years | $292 |
| 9 years | $3,624 |
| 11 years | $6,955 |
| 13 years | $10,286 |
| 15 years | $13,617 |
| 17 years | $16,948 |
| 19 years | $20,279 |
| 21 years | $23,610 |
| 23 years | $26,941 |
| 25 years | $30,272 |
Top Solar Installers in Camp Verde
Trying to put up solar panels by yourself can be a stressful task, which is why hiring a solar installation company is a good option for many homeowners. Also, companies with a high reputation that cost more upfront could actually save you money in the long term because of their warranties, repair services and expert design.
You can get a free quote from a local solar installer on how much your investment in solar could cost for your home. Here are some nearby:
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 Camp Verde
Factors that Affect Solar Panel Costs in Camp Verde
Cost is usually one of the most important factors for homeowners wanting to invest in solar. There are a few primary factors that affect your total cost in Camp Verde: 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 price of a solar system in Camp Verde, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home’s energy usage, which you can determine by looking at past power bills. Your total cost can increase by around $3,070 for each additional kilowatt you need.There are a lot of different solar panel brands and the one you choose also changes the cost. In general, the brands that have better efficiency tend to also be more expensive. Additionally, the type of equipment you’re looking to get can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on power bills over many years, but they can also be a big investment. That’s why many Camp Verde homeowners opt to finance their solar panel systems to make going solar more affordable.When estimating your overall cost, you should also calculate the interest you’ll pay if you choose to go with a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
The solar company you choose to handle your switch to renewable energy can play a role in your total costs. There are about 3 solar panel companies in Camp Verde, and each can charge different amounts for labor and equipment.You may notice national solar installers that have lower prices because of their bigger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or specials to compete with those major players.
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 | $23,332 | 9.1 years |
| 8 kW | $3.13 | $17,536 | $31,454 | 8.9 years |
| 10 kW | $3.07 | $21,490 | $39,747 | 8.8 years |
| 12 kW | $3.01 | $25,272 | $48,212 | 8.6 years |
| 14 kW | $2.95 | $28,883 | $56,849 | 8.4 years |
| 16 kW | $2.89 | $32,321 | $65,658 | 8.2 years |
| 18 kW | $2.82 | $35,587 | $74,639 | 8.1 years |
| 20 kW | $2.76 | $38,682 | $83,792 | 7.9 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since selecting a company can be a challenge, we have some tips to help you, such as:
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, durability and efficiency. They will come at different price points as well. The company you choose impacts which solar panel brands you have access to.
- Contract: When looking over your solar installer’s contract, ask questions about any terms you’re not sure of and make sure you understand what happens in scenarios like a system part breaking or the company going out of business.
- Reputation: Long-running companies likely have a good reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Warranty: If you care about the endurance of your solar panels, verifying that your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
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 Camp Verde, AZ Solar Cost FAQs
How much does it cost to install solar panels in Camp Verde?
The average cost of solar panels in Camp Verde 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 such as the model of solar panels you want, what size system you need and how much energy you use.
Is cost the most important consideration when buying solar panels?
Cost is a key factor to consider, but whether it’s the most important for you depends on why you decided to go solar. In places where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to think about are the quality and durability of your solar panels.
Does Camp Verde have a net metering program?
Most states offer net metering programs of some kind. Through these, you can either get paid for the extra power your system produces or or receive credits to put toward future energy bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy usage and the amount of sunlight your roof gets. You can take a 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 buy between 20 and 35 panels to cover 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.