Solar Panel Cost Guide in El Mirage, AZ (2024 Update)
- El Mirage Solar Installation Cost: $10,991
- 25-Year Savings: $24,874
- Payback Period: 8.0 Years
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Average Cost of Solar Panels in El Mirage
We break down average solar pricing in El Mirage.
Currently, the national average cost of solar panels is $2.66 per watt. However, in El Mirage, the average cost of a solar system is 3 per watt.To account for the typical energy usage of the average home in El Mirage, most homeowners require a 5.1-kilowatt system. Using the figure above, a solar installation costs around $10,991, or $15,717 before the federal solar tax credit of 0 is applied.
Keep in mind that the figures above are only estimates based on the average energy use of El Mirage homeowners. The cost of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor.Many homeowners find installing a solar panel system is a solid investment. The average homeowner in El Mirage can save about $25,000 on their energy bills over 20 years.
To receive a free estimate from a pre-vetted solar installer in El Mirage, you can click the button below.
Solar savings over time in El Mirage
| 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 El Mirage
Although it's possible to install solar panels yourself, it involves extra effort and expertise. Because of that, the majority of homeowners choose to hire a solar panel installer. Companies can also offer access to a large variety of the best solar panels and help you pick which one will be right for your family.
You can get a free estimate from a local solar installer on the cost of solar panels 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 El Mirage
Factors that Affect Solar Panel Costs in El Mirage
Although the average cost of a solar system in El Mirage is $10,991, your actual cost may differ. There are quite a few factors that can have a major impact on the cost of a residential solar panel installation. Below are some of the more crucial things to consider.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. Because of that, it’s a priority to accurately ascertain the size of the solar energy system needed for your home by figuring out your average energy use.The type of solar panels and equipment you get is another factor that will substantially affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Further, solar equipment goes beyond just the solar panels themselves. You’ll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when searching for a solar system that falls within your budget.
Solar Financing Terms
Most solar companies in El Mirage have solar loans, which reduce your upfront costs of installing a solar system.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 more on your down payment can lower the total interest paid over time.
Solar Panel Installation Company
The solar panel installation company you select will play a role in your total cost to make the switch to solar power. Different companies will bill different amounts for the equipment and labor.Larger national companies generally have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or extra 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 | $26,732 | 8.4 years |
| 8 kW | $3.13 | $17,536 | $35,986 | 8.2 years |
| 10 kW | $3.07 | $21,490 | $45,413 | 8.0 years |
| 12 kW | $3.01 | $25,272 | $55,011 | 7.9 years |
| 14 kW | $2.95 | $28,883 | $64,781 | 7.7 years |
| 16 kW | $2.89 | $32,321 | $74,723 | 7.5 years |
| 18 kW | $2.82 | $35,587 | $84,837 | 7.4 years |
| 20 kW | $2.76 | $38,682 | $95,123 | 7.2 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:
- Contract: Review the contract terms thoroughly to make sure you understand how much it will cost, project completion timeline rebates and warranties.
- Installation Process: Get details from your solar company about the installation process and what to expect, such as when the site survey will be completed and what the project timeline is.
- Solar Panel Brands: Different companies will have different brands and models of panels. If you know you want a specific brand, make sure the solar installer you’re considering has it.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to do the job well. Another way you can verify your installer’s reputation is by reading reviews.
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 El Mirage, AZ Solar Cost FAQs
How much does it cost to install solar panels in El Mirage?
This is a hard question to answer exactly, because the cost depends on many factors. Generally speaking, it costs about $15,350 for a 5-kW system and $30,700 for a 10-kW system after the ITC is applied. It will be more expensive if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the flip side, you can spend less if you go with a smaller solar panel system or less efficient solar panels.
What other factors should I consider apart from cost when buying solar panels?
Cost is without a doubt one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
How will installing solar panels impact how much my home is worth?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in El Mirage is currently $354,678, so you can look forward to a value of about $14,542 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in El Mirage is a rewarding investment.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy usage and how much 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 install 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.