Solar Panel Cost Guide in New Kingman-Butler, AZ (2024 Update)
- New Kingman-Butler Solar Installation Cost: $11,560
- 25-Year Savings: $18,028
- Payback Period: 10.4 Years
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Average Cost of Solar Panels in New Kingman-Butler
We go over average solar pricing in New Kingman-Butler.
The national average cost of solar panels is $2.66 per watt, but in New Kingman-Butler it’s 3 per watt.To cover the typical energy needs of the average home in New Kingman-Butler, most homeowners require a 5.4-kilowatt system. Using the per-watt figure above, a solar installation costs about $11,560, or $16,531 before the federal solar tax credit of 0 is applied.
The prices above are just estimates to give you an idea of the cost of a solar energy system. The exact cost of going solar can vary quite a bit depending on multiple factors, such as what size system you need, your energy usage and what solar installer you go with.With typical savings of about $20,000 on power bills over 20 years, many homeowners in New Kingman-Butler find installing solar panels has a decent ROI.
To get a free estimate from a vetted solar company in New Kingman-Butler, you can click the button below.
Solar savings over time in New Kingman-Butler
| Year | Return on Investment |
|---|---|
| 1 years | $-10,300 |
| 3 years | $-7,779 |
| 5 years | $-5,259 |
| 7 years | $-2,739 |
| 9 years | $-218 |
| 11 years | $2,302 |
| 13 years | $4,822 |
| 15 years | $7,343 |
| 17 years | $9,863 |
| 19 years | $12,383 |
| 21 years | $14,904 |
| 23 years | $17,424 |
| 25 years | $19,945 |
Top Solar Installers in New Kingman-Butler
Although it's possible to install solar panels yourself, it requires extra energy and handiness. That's one of the reasons most homeowners choose to go with a solar panel installer. Solar installers provide key benefits that can help you maximize your investment, like warranties, monitoring and free repairs.
If you’d like to switch to solar energy but still aren’t certain which solar system company to go with, here are our suggestions for providers near you:
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 New Kingman-Butler
Factors that Affect Solar Panel Costs in New Kingman-Butler
The cost of installing a solar system in New Kingman-Butler can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The largest one is the size of the system your home needs, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
One of the most important factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household uses, the larger your system will likely need to be. You can expect to pay around $3,070 per kilowatt in New Kingman-Butler.There are a lot of different solar panel brands and the one you pick also changes 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 get can affect your total cost. If you just 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 energy bills over many years, but they can also be a big investment. That’s why many New Kingman-Butler homeowners choose to finance their solar panel systems to make paying for solar more affordable.When trying to figure out your overall cost, you should also calculate the interest you’ll pay if you choose to go with a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
Lastly, the company you hire to install your solar system can influence how much you pay. New Kingman-Butler’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in New Kingman-Butler are more knowledgeable about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could help you save more money in the long run.
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 | $17,661 | 10.8 years |
| 8 kW | $3.13 | $17,536 | $23,891 | 10.6 years |
| 10 kW | $3.07 | $21,490 | $30,294 | 10.4 years |
| 12 kW | $3.01 | $25,272 | $36,868 | 10.2 years |
| 14 kW | $2.95 | $28,883 | $43,615 | 10.0 years |
| 16 kW | $2.89 | $32,321 | $50,533 | 9.8 years |
| 18 kW | $2.82 | $35,587 | $57,624 | 9.5 years |
| 20 kW | $2.76 | $38,682 | $64,886 | 9.3 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you find the right company for you, here are some tips to keep in mind:
- Reputation: Make sure your solar system installer has a good reputation by verifying it has certifications and licenses, checking how long it's been in business and reading reviews by past customers and solar experts like the EcoWatch team.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and how much efficiency they need. While there are many options for which model of solar panel you can get, not every company will have the exact one you may want or need, so be sure to take a look at their list of options before deciding.
- Warranty: Many companies offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Installation Process: Get details from your solar company about the installation process and what to expect, including when the site survey will be completed and what the project timeline is.
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 New Kingman-Butler, AZ Solar Cost FAQs
How much does it cost to install solar panels in New Kingman-Butler?
This is a difficult question to answer precisely, because the cost depends on many factors. Broadly speaking, it costs about $15,350 for a 5-kW system and $30,700 for a 10-kW system after the ITC is applied. You can expect to pay more if you want other solar equipment or more efficient panels, or if you have higher-than-average energy consumption. On the flip side, you can spend less if you want a smaller solar panel system or cheaper solar panels.
Is it better to lease or buy solar panels in New Kingman-Butler?
Leasing solar panels can be an option if you can’t afford to pay upfront or secure a solar loan, but since you don’t own the system, you can’t take advantage of many solar incentives. Also your home value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most financial benefits from going solar.
Is making the switch to solar worth it?
Whether or not solar panels are worth it depends on some different factors like the cost of electricity near you and the amount of direct sunlight your roof gets.
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level of energy production.
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.