Solar Panel Cost Guide in Tanque Verde, AZ (2024 Update)
- Tanque Verde Solar Installation Cost: $10,974
- 25-Year Savings: $25,751
- Payback Period: 7.8 Years
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Average Cost of Solar Panels in Tanque Verde
Here’s how much it might cost to make the switch to solar in Tanque Verde.
In Tanque Verde, solar panels cost about 3 per watt on average.Using this figure, a typical 5.1-kW system would cost about $10,974 before the 0 federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average Tanque Verde homeowner. The cost of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.But, once you've paid the upfront cost of installation, the return on investment for most homeowners is usually rewarding, with a net average savings of about $26,000 over 20 years on utility bills.
For a free quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Tanque Verde
| Year | Return on Investment |
|---|---|
| 1 years | $-9,364 |
| 3 years | $-6,142 |
| 5 years | $-2,921 |
| 7 years | $301 |
| 9 years | $3,522 |
| 11 years | $6,744 |
| 13 years | $9,966 |
| 15 years | $13,187 |
| 17 years | $16,409 |
| 19 years | $19,630 |
| 21 years | $22,852 |
| 23 years | $26,073 |
| 25 years | $29,295 |
Top Solar Installers in Tanque Verde
Trying to put up solar panels on your own can be a time-consuming project, which is why hiring a solar installer is a good option for many homeowners. Also, companies with an outstanding reputation that cost more upfront could actually save you money in the long run because of their warranties, repair services and expert design.
If you're searching for a solar installer in Tanque Verde, we've compiled a list of our top suggestions here:
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 Tanque Verde
Factors that Affect Solar Panel Costs in Tanque Verde
The cost of installing a solar system in Tanque Verde can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The largest one is your system size, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
When it comes to estimating the price of a solar system in Tanque Verde, one of the most crucial 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 consumption, which you can figure out by looking at past energy bills. Your overall cost can increase by about $3,070 for each additional kilowatt you need.Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Tanque Verde, where sunlight is abundant, efficiency can quickly pay off. In addition, if you have a small roof or limited 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
If paying for a solar system out of pocket is too expensive, solar loans are a popular choice because they lower your upfront costs and allow you to pay for your system over five to seven years on average.It’s a good idea to factor 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 the amount of time it’ll take to pay back the loan.
Solar Panel Installation Company
The final key cost factor you should keep in mind is the installer you choose. Given the massive popularity of clean energy solutions in Tanque Verde, you’ll have a great number of options to choose from, but each comes at various price points for labor and equipment.Additionally, some companies in Tanque Verde are more knowledgeable about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you 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 | $27,807 | 8.1 years |
| 8 kW | $3.13 | $17,536 | $37,419 | 8.0 years |
| 10 kW | $3.07 | $21,490 | $47,204 | 7.8 years |
| 12 kW | $3.01 | $25,272 | $57,160 | 7.7 years |
| 14 kW | $2.95 | $28,883 | $67,289 | 7.5 years |
| 16 kW | $2.89 | $32,321 | $77,589 | 7.4 years |
| 18 kW | $2.82 | $35,587 | $88,061 | 7.2 years |
| 20 kW | $2.76 | $38,682 | $98,706 | 7.0 years |
How to Save on Solar Panels
There are numerous companies to choose from in Tanque Verde, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, so here are some tips to help you decide:
- Warranty: A high-quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Installation Process: Make sure you’re aligned with the installer with regard to how the installation process will go and what you need to do before your solar panel system is installed, such as updating or replacing your electrical system or roof.
- Contract: When reading through your solar company’s contract, ask questions about any terms you’re not sure of and make sure you understand what happens in scenarios such as a system component breaking or if the company goes out of business.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to install your solar system. 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 Tanque Verde, AZ Solar Cost FAQs
What is the average cost of installing solar panels in Tanque Verde?
This is a tough question to answer exactly, because the cost depends on a variety of 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 cost more if you want extra solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you want a smaller solar panel system or less efficient solar panels.
Can you get solar panels for free in Tanque Verde?
Solar panels aren’t free in Tanque Verde, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Is switching to solar power worth it?
Whether or not solar panels are worth it depends on a variety of factors like how much you pay for electricity and how much direct sunlight your roof gets.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy consumption 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.