Solar Panel Cost Guide in Whiteriver, AZ (2024 Update)
- Whiteriver Solar Installation Cost: $11,908
- 25-Year Savings: $25,857
- Payback Period: 8.3 Years
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Average Cost of Solar Panels in Whiteriver
Let’s take a look at the average cost of solar panels in Whiteriver.
The national average cost of solar panels is $2.66 per watt, but in Whiteriver it’s 3 per watt.The average solar panel system size in Whiteriver is around 5.5 kilowatts, meaning a cost of about $11,908 for a solar installation, or $17,028 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The true cost of making the switch to solar can vary based on multiple factors, such as what size system you need, your energy consumption and what company you go with.With typical savings of about $25,000 on energy bills over 20 years, many homeowners in Whiteriver find installing solar panels can be quite rewarding.
To calculate your potential ROI and connect with a local solar installer, click the button below.
Solar savings over time in Whiteriver
| Year | Return on Investment |
|---|---|
| 1 years | $-10,262 |
| 3 years | $-6,969 |
| 5 years | $-3,677 |
| 7 years | $-384 |
| 9 years | $2,908 |
| 11 years | $6,201 |
| 13 years | $9,494 |
| 15 years | $12,786 |
| 17 years | $16,079 |
| 19 years | $19,371 |
| 21 years | $22,664 |
| 23 years | $25,956 |
| 25 years | $29,249 |
Top Solar Installers in Whiteriver
Putting up solar panels by yourself can be a dangerous project, which is why getting a solar installer is a good option for many homeowners. Plus, warranties and repairs from your solar panel company can protect your investment and lower the cost of maintenance over time.
If you're looking for a solar installer in Whiteriver, 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 Whiteriver
Factors that Affect Solar Panel Costs in Whiteriver
There are a number of factors that can play into your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
One of the most significant 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 consumes, the larger your system will likely need to be. You can expect to spend about $3,070 per kilowatt in Whiteriver.The kind of solar panels and equipment you choose is another factor that will greatly influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more expensive. Plus, solar equipment consists of more than just the solar panels themselves. You’ll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when searching for a solar system that falls within your budget.
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 Whiteriver homeowners opt to finance their solar panel systems to make going solar more affordable.While solar loans make going solar more accessible for Whiteriver homeowners, they can also increase the total you pay for your system, depending on your interest rate. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The solar installer you pick will impact your total cost to adopt solar energy. Different companies will charge different amounts for the equipment and labor.Some companies only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It’s best to do some research and choose a company that offers the products, warranties and services you’re looking for 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 | $25,549 | 8.6 years |
| 8 kW | $3.13 | $17,536 | $34,410 | 8.4 years |
| 10 kW | $3.07 | $21,490 | $43,442 | 8.3 years |
| 12 kW | $3.01 | $25,272 | $52,646 | 8.1 years |
| 14 kW | $2.95 | $28,883 | $62,022 | 7.9 years |
| 16 kW | $2.89 | $32,321 | $71,570 | 7.8 years |
| 18 kW | $2.82 | $35,587 | $81,290 | 7.6 years |
| 20 kW | $2.76 | $38,682 | $91,181 | 7.4 years |
How to Save on Solar Panels
The solar installer you opt for 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 several important things you should keep in mind, such as:
- Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to clarify any details you should know with your solar company, such as what permits you should acquire and how long the project will take.
- Solar Panel Brands: Not all solar companies offer the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you hire.
- Contract: Although reading through a contract can take a lot of time, it’s important to do it thoroughly so you can be sure you understand what services your solar company will provide and the terms of the warranty.
- Reputation: Solar panel companies that have great reviews from their customers and that have been in business for many years likely offer high-quality solar panel installation and expertise.
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 Whiteriver, AZ Solar Cost FAQs
What is the average cost of installing solar panels in Whiteriver?
The average cost of solar panels in Whiteriver 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 consume.
Is cost the most important thing to keep in mind when buying solar panels?
Cost is without a doubt one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Is making the switch to solar worth it?
Solar panels can be a fruitful investment for many homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your electricity bills are already pretty low, solar panels might not be for you.
How many solar panels do I need to power my home?
To figure out how many solar panels you need, you should find out how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average home 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.