Solar Panel Cost Guide in Tolleson, AZ (2024 Update)
- Tolleson Solar Installation Cost: $10,991
- 25-Year Savings: $23,998
- Payback Period: 8.2 Years
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Average Cost of Solar Panels in Tolleson
We go over average solar pricing in Tolleson.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Tolleson, the typical cost of solar panels is 3 per watt.The average Tolleson homeowner needs a 5.1-kilowatt system, which would cost about $10,991 with the federal tax credit, or $15,717 before the 0 tax credit is applied.
How much you pay can be higher or lower than the average in Tolleson depending on a variety of factors, such as the type of solar panels you choose and the solar installer you hire.But, once you've paid the initial cost of installation, the savings for most homeowners is usually fruitful, with a net average savings of about $25,000 over 20 years on energy bills.
Click the button below to get connected to a reputable solar company in your area for a custom estimate.
Solar savings over time in Tolleson
| Year | Return on Investment |
|---|---|
| 1 years | $-9,401 |
| 3 years | $-6,220 |
| 5 years | $-3,040 |
| 7 years | $141 |
| 9 years | $3,321 |
| 11 years | $6,502 |
| 13 years | $9,682 |
| 15 years | $12,863 |
| 17 years | $16,043 |
| 19 years | $19,224 |
| 21 years | $22,405 |
| 23 years | $25,585 |
| 25 years | $28,766 |
Top Solar Installers in Tolleson
Although it's possible to install solar panels on your own, it requires extra time and knowledge. That's why most people choose to go with a solar panel installer. Because solar panels are exposed to rain, snow, hail and wind, depending on the climate, warranties and repairs from your solar installer can help you get the most out of your investment in solar panels by avoiding potential costs down the line.
You can get a free estimate from a local solar installer on how much your investment in solar could cost 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 Tolleson
Factors that Affect Solar Panel Costs in Tolleson
The cost of installing a solar system in Tolleson can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The biggest one is your system size, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems that have higher efficiency or power generation require better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,070.There are a lot of different solar panel brands and the one you choose also changes the cost. In many cases, the brands that are more efficient tend to also be more expensive. Plus, the type of equipment you’re looking to get can affect your total cost. If you only 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 power bills over many years, but they can also be a big investment. That’s why many Tolleson homeowners opt to finance their solar panel systems to make going solar more affordable.When figuring out your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
The solar panel installer you pick will affect your total cost to make the switch to solar power. Different companies will bill different amounts for the equipment and labor.The size of the company sometimes plays the most significant role in the cost. Larger national companies, like SunPro and Sunrun, often have lower pricing due to greater resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing down to compete with bigger names.
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 | $25,705 | 8.6 years |
| 8 kW | $3.13 | $17,536 | $34,617 | 8.4 years |
| 10 kW | $3.07 | $21,490 | $43,701 | 8.2 years |
| 12 kW | $3.01 | $25,272 | $52,957 | 8.1 years |
| 14 kW | $2.95 | $28,883 | $62,385 | 7.9 years |
| 16 kW | $2.89 | $32,321 | $71,985 | 7.7 years |
| 18 kW | $2.82 | $35,587 | $81,756 | 7.6 years |
| 20 kW | $2.76 | $38,682 | $91,700 | 7.4 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because selecting a company can be a tough decision, we have some tips to help you, such as:
- Installation Process: Make sure you’re on the same page with the installer in regard to how the installation process will go and what needs to be done before your solar panel system is installed, such as updating your electrical system or roof.
- Reputation: Well-established companies likely have a solid reputation. This is important because it ensures that it will not only see your solar project through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
- Contract: Look through the contract terms thoroughly to make sure you understand the total cost, project completion timeline incentives and warranties.
- Warranty: Companies typically offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
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 Tolleson, AZ Solar Cost FAQs
What is the average cost of installing solar panels in Tolleson?
The average cost of solar panels in Tolleson 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 certain factors such as the kind of solar panels you want, what size system you need and how much energy you consume.
Is it better to lease or buy solar panels in Tolleson?
Leasing solar panels can be an attractive choice, because it often comes with low or $0 upfront payments. The downside is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any incentives and your home value won’t increase. Buying solar panels is a better option if you want to get the most savings.
Do solar panels increase your home value?
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 Tolleson is currently $387,160, so you can expect a value of about $15,874 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Tolleson 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 consumption and the average daily 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.