Solar Panel Cost Guide in Canutillo, TX (2024 Update)
- Canutillo Solar Installation Cost: $15,545
- 25-Year Savings: $28,272
- Payback Period: 9.5 Years
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Average Cost of Solar Panels in Canutillo
Let’s have a look at the average cost of solar panels in Canutillo.
The national average cost of solar panels is $2.66 per watt, but in Canutillo it’s 3 per watt.The average Canutillo homeowner needs a 6.7-kilowatt system, which would cost about $15,545 with the federal tax credit, or $22,229 before the 0 tax credit is applied.
Bear in mind that the figures above are only estimates based on the average Canutillo homeowner. The price of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor.Despite the significant upfront cost, the average Canutillo homeowner can save about $24,000 on their energy bills over 20 years, which is one of the benefits of solar.
You can click the button below to get connected with a pre-vetted solar installer in Canutillo that can help you get a more accurate cost estimate for your home.
Solar savings over time in Canutillo
| Year | Return on Investment |
|---|---|
| 1 years | $-13,962 |
| 3 years | $-10,797 |
| 5 years | $-7,632 |
| 7 years | $-4,467 |
| 9 years | $-1,301 |
| 11 years | $1,864 |
| 13 years | $5,029 |
| 15 years | $8,194 |
| 17 years | $11,360 |
| 19 years | $14,525 |
| 21 years | $17,690 |
| 23 years | $20,855 |
| 25 years | $24,021 |
Top Solar Installers in Canutillo
When going solar, many homeowners decide to go with a solar company since putting up solar panels yourself can be a challenging project. Local solar installers can also help you maximize your return on investment by assisting with any local incentives and by providing warranties and repairs.
There are several licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
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 Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
See all of the solar companies in Canutillo
Factors that Affect Solar Panel Costs in Canutillo
Even though the average cost of a solar system in Canutillo is $15,545, your final cost may differ. There are quite a few factors that can have a sizable impact on the cost of a solar panel installation. Below are some of the more crucial things to consider.
Solar Equipment
The size of the solar energy system you need to offset your energy usage, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by about $3,330. There are several different solar panel brands and the one you pick also changes the cost. Generally, the brands that have better efficiency tend to also be more expensive. Additionally, 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
Many homeowners find the average cost of solar in Canutillo to be prohibitively expensive, even if the investment pays off over time. Thankfully, almost every solar company in the area provides financing options. Solar loans greatly decrease upfront costs in most cases, but they also result in a higher cost over time because of interest.It’s a good idea to include 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 off the loan.
Solar Panel Installation Company
The solar installer you hire to handle your switch to sustainable energy can play a role in your total costs. There are about 3 solar panel companies operating throughout Canutillo, and each can charge varying amounts for labor and equipment.Additionally, some companies in Canutillo have more knowledge about local solar incentives and can help you take advantage of 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 | $3.46 | $14,545 | $22,190 | 9.9 years |
| 8 kW | $3.40 | $19,021 | $29,959 | 9.7 years |
| 10 kW | $3.33 | $23,310 | $37,915 | 9.5 years |
| 12 kW | $3.26 | $27,413 | $46,057 | 9.3 years |
| 14 kW | $3.20 | $31,329 | $54,386 | 9.1 years |
| 16 kW | $3.13 | $35,058 | $62,902 | 8.9 years |
| 18 kW | $3.06 | $38,601 | $71,603 | 8.8 years |
| 20 kW | $3.00 | $41,958 | $80,492 | 8.6 years |
How to Save on Solar Panels
There are a lot of companies to choose from in Canutillo, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be difficult, so here are some tips to help you decide:
- Installation Process: Homeowners should make sure they understand how exactly the installation process will be carried out, as well as important factors like the project completion timeline.
- Warranty: Many companies offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Reputation: Long-running companies likely have a high reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you choose.
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 Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
EcoWatch's Canutillo, TX Solar Cost FAQs
How much does it cost to install solar panels in Canutillo?
The average cost of solar panels in Canutillo is about $16,650 for a 5-kW system and $33,300 for a 10-kW system before the ITC, but the actual cost will depend on stuff like the kind of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Canutillo?
A solar panel system isn’t free in Canutillo, 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.
How will having solar panels impact my property value?
Solar panels can increase the value of your home remarkably as long as you buy or finance your panels and don’t opt for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing solar panels."
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 amount 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.