Solar Panel Cost Guide in Three Points, AZ (2024 Update)
- Three Points Solar Installation Cost: $10,974
- 25-Year Savings: $26,382
- Payback Period: 7.7 Years
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Average Cost of Solar Panels in Three Points
We break down average solar pricing in Three Points.
The national average cost of solar panels is $2.66 per watt, but in Three Points it’s 3 per watt.The average solar panel system size in Three Points is around 5.1 kilowatts, meaning a cost of about $10,974 for a solar installation, or $15,693 before the 0 federal solar tax credit is applied.
How much you pay can go higher or lower than the average in Three Points based on several factors, such as the kind of solar panels you choose and the solar company you hire.With average savings of about $27,000 on electricity bills over 20 years, many homeowners in Three Points find going solar can be quite rewarding.
To receive a free estimate from a vetted solar installation company in Three Points, you can click the button below.
Solar savings over time in Three Points
| Year | Return on Investment |
|---|---|
| 1 years | $-9,307 |
| 3 years | $-5,973 |
| 5 years | $-2,639 |
| 7 years | $696 |
| 9 years | $4,030 |
| 11 years | $7,364 |
| 13 years | $10,698 |
| 15 years | $14,033 |
| 17 years | $17,367 |
| 19 years | $20,701 |
| 21 years | $24,036 |
| 23 years | $27,370 |
| 25 years | $30,704 |
Top Solar Installers in Three Points
Although you can install solar panels by yourself, it takes extra labor and knowledge. That's why almost all homeowners choose to hire a solar panel installer. Another upside of working with a solar company is that they can help you maximize your investment by bringing down your future costs of repairs and replacements with the help of warranties and helping you learn about local incentives you can take advantage of.
If you're on the hunt for a solar company in Three Points, 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 Three Points
Factors that Affect Solar Panel Costs in Three Points
There are many factors that can influence your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. That’s why it’s crucial to accurately ascertain the size of the solar energy system needed for your home by figuring out your energy needs.There are many different solar panel brands and the one you pick also changes the cost. In general, the brands that offer higher efficiency tend to also cost more. In addition, the type of equipment you choose 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
If paying for a solar system in cash is difficult, solar loans are a popular route because they lower your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years.It’s wise to add 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
Lastly, the company you choose to install your solar panel system can impact your pricing. Three Points’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Three Points have more knowledge about local solar incentives and can help you make good use of 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 | $28,548 | 8.0 years |
| 8 kW | $3.13 | $17,536 | $38,408 | 7.8 years |
| 10 kW | $3.07 | $21,490 | $48,440 | 7.7 years |
| 12 kW | $3.01 | $25,272 | $58,644 | 7.5 years |
| 14 kW | $2.95 | $28,883 | $69,020 | 7.4 years |
| 16 kW | $2.89 | $32,321 | $79,568 | 7.2 years |
| 18 kW | $2.82 | $35,587 | $90,287 | 7.1 years |
| 20 kW | $2.76 | $38,682 | $101,179 | 6.9 years |
How to Save on Solar Panels
The solar installer you go with will be a major factor in determining not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should keep in mind, such as:
- Installation Process: Make sure you’re aligned with the company with regard to how the installation process will go and what needs to be done before your solar panel system is installed, such as updating or replacing your electrical system or roof.
- 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.
- 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 previous customers and solar experts like the EcoWatch team.
- Solar Panel Brands: Different companies have different brands and models of panels. If you prefer a specific brand, make sure the solar installer you’re considering has it.
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 Three Points, AZ Solar Cost FAQs
How much does it cost to install solar panels in Three Points?
The average cost of solar panels in Three Points is about $15,350 for a 5-kW system and $30,700 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as the type of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider apart from cost when buying solar panels?
Cost is a crucial 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 trump the cost. Other factors that are important to think about are the quality and durability of your solar panels.
Can solar panels significantly reduce my electricity bills?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners throughout Three Points, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you’ll want to check with a local solar installer to see how many panels can fit on your roof.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you need to know how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can typically 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.