Solar Panel Cost Guide in Flowing Wells, AZ (2024 Update)
- Flowing Wells Solar Installation Cost: $10,974
- 25-Year Savings: $23,741
- Payback Period: 8.3 Years
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Average Cost of Solar Panels in Flowing Wells
Find out what the average cost of solar panels are in Flowing Wells.
The national average cost of solar panels is $2.66 per watt, but in Flowing Wells it’s 3 per watt.Since a 5.1-kW system is needed to cover the energy consumption of a typical home in Flowing Wells, the average price of going solar will be about $10,974 after claiming the federal solar tax credit of 0.
The prices above are just estimates to give you an idea of the cost of a solar energy system. The true cost of installing solar panels can vary quite a bit based on a few factors, such as how many panels you need, your energy consumption and what company you go with.For most homeowners, the upfront investment in solar panels is worth paying. On average homeowners in Flowing Wells see about $25,000 in savings on energy bills over 20 years.
You can click the button below to get connected with a vetted solar installer in Flowing Wells that can help you get a more accurate cost estimate for your home.
Solar savings over time in Flowing Wells
| Year | Return on Investment |
|---|---|
| 1 years | $-9,418 |
| 3 years | $-6,306 |
| 5 years | $-3,194 |
| 7 years | $-82 |
| 9 years | $3,030 |
| 11 years | $6,142 |
| 13 years | $9,253 |
| 15 years | $12,365 |
| 17 years | $15,477 |
| 19 years | $18,589 |
| 21 years | $21,701 |
| 23 years | $24,813 |
| 25 years | $27,925 |
Top Solar Installers in Flowing Wells
DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can take a lot of hard work. Taking advantage of an installer can make switching to solar power much easier. A solar installer can also help save you money in the long run by offering warranties, repairs and part replacements.
There are several licensed solar professionals that can take care of your solar installation project. 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 Flowing Wells
Factors that Affect Solar Panel Costs in Flowing Wells
For many Flowing Wells homeowners, the decision to install solar panels rests on cost. However, the range of solar installation costs can be quite wide in Flowing Wells, with typical prices between $20,000 to $40,000. There are various factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. That’s why it’s important to accurately assess the size of the solar energy system needed for your home by figuring out your average energy use.There are many different solar panel brands and the one you pick also changes the cost. Generally speaking, the brands that have better efficiency tend to also cost more. Plus, the type of equipment you choose can affect your total cost. If you just 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 time, but they can also be a big investment. That’s why many Flowing Wells homeowners choose to finance their solar panel systems to offset upfront costs.It’s a good idea to include the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it’ll take to pay back the loan.
Solar Panel Installation Company
A final factor to consider when trying to estimate the cost of solar for your home or business in Flowing Wells is the company you get to install your solar panel system. As with choosing a company to renovate your kitchen, for instance, you’ll have no shortage of solar installers that offer a range of services for different budgets.Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It’s best to do some research and choose a company that offers the products, warranties and services you want and also fit into your budget.
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 | $25,445 | 8.6 years |
| 8 kW | $3.13 | $17,536 | $34,271 | 8.5 years |
| 10 kW | $3.07 | $21,490 | $43,268 | 8.3 years |
| 12 kW | $3.01 | $25,272 | $52,438 | 8.1 years |
| 14 kW | $2.95 | $28,883 | $61,779 | 8.0 years |
| 16 kW | $2.89 | $32,321 | $71,292 | 7.8 years |
| 18 kW | $2.82 | $35,587 | $80,977 | 7.6 years |
| 20 kW | $2.76 | $38,682 | $90,834 | 7.5 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 picking a company can be difficult, we have some tips to help you, such as:
- Contract: It’s important to look over your solar installer’s contract fully to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system’s energy production.
- Warranty: Warranties that provide coverage for replacement parts and repairs over around 25 years are the best you can get in the business, and offering such a warranty is one indication of a good company.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to get the job done well. Another way you can verify your installer’s reputation is by reading reviews.
- Installation Process: Make sure you’re on the same page with the company with regard to how the installation process will go and what needs to be done before your solar system is installed, such as repairing your electrical system or roof.
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 Flowing Wells, AZ Solar Cost FAQs
How much does it cost to install solar panels in Flowing Wells?
The average cost of solar panels in Flowing Wells 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 things like the kind of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Flowing Wells?
Solar panels aren’t free in Flowing Wells, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Can you sell solar power back to the grid in Flowing Wells?
Most states have net metering programs of some kind. Through these, you can receive compensation for the extra power your system produces or or receive credits to put toward future electricity bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How many solar panels should I get to power my home?
To figure out how many solar panels you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.
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.