Solar Panel Cost Guide in Apache Junction, AZ (2023 Update)
- Apache Junction Solar Installation Cost: $9,373
- 25-Year Savings: $21,186
- Payback Period: 7.7 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Apache Junction
Let's take a look at the average cost of solar panels in Apache Junction.
In Apache Junction, solar panels cost about 2.61 per watt on average. The average solar panel system size in Apache Junction is around 5.1 kilowatts, meaning a cost of about $9,373 for a solar installation, or $13,403 before the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The exact cost of going solar can vary quite a bit depending on a few factors, such as what size system you need, your energy usage and what solar installer you go with. But, after you've paid the initial cost of installation, the return on investment for most homeowners is typically fruitful, with a net average savings of about $23,000 over 20 years on utility bills.
You can click the button below to get connected with a pre-vetted solar company in Apache Junction for a quote for your home.
Solar savings over time in Apache Junction
| Year | Return on Investment |
|---|---|
| 1 years | $-8,150 |
| 3 years | $-5,706 |
| 5 years | $-3,261 |
| 7 years | $-816 |
| 9 years | $1,628 |
| 11 years | $4,073 |
| 13 years | $6,518 |
| 15 years | $8,962 |
| 17 years | $11,407 |
| 19 years | $13,852 |
| 21 years | $16,296 |
| 23 years | $18,741 |
| 25 years | $21,186 |
Top Solar Installers in Apache Junction
Many homeowners opt for a solar installer since installing solar panels on your own can be challenging. Plus, warranties and repairs from your solar panel company can protect your investment and lower the cost of maintenance over time.
If you'd like to start using solar energy but still aren't sure which solar system company to go with, here are our recommendations for providers near you:
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
See all of the solar companies in Apache Junction
Factors that Affect Solar Panel Costs in Apache Junction
The cost of installing a solar system in Apache Junction can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The most significant one is the size of the system your home needs, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
The size of the solar panel system you need, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $2,610. Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Apache Junction, where sunlight is abundant, efficiency can quickly pay off. Plus, 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
Many homeowners find the average cost of solar in Apache Junction to be prohibitively steep, even if the investment pays off over time. Fortunately, nearly every solar company in the area provides access to financing options. Solar loans greatly decrease upfront costs in most cases, but they also result in paying more over time because of interest. You'll have to consider the long-term cost of loans, including the amount of interest you'll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or finding a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Apache Junction is the company you get to install your solar system. As with choosing a company to install new cabinets, for instance, you'll have many options for solar installers that provide a range of services at different price points. 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 want and also is within 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 | $2.71 | $11,400 | $24,317 | 8.0 years |
| 8 kW | $2.66 | $14,908 | $32,714 | 7.8 years |
| 10 kW | $2.61 | $18,270 | $41,258 | 7.7 years |
| 12 kW | $2.56 | $21,486 | $49,949 | 7.5 years |
| 14 kW | $2.51 | $24,555 | $58,785 | 7.4 years |
| 16 kW | $2.45 | $27,478 | $67,767 | 7.2 years |
| 18 kW | $2.40 | $30,255 | $76,896 | 7.1 years |
| 20 kW | $2.35 | $32,886 | $86,171 | 6.9 years |
How to Save on Solar Panels
There are many companies to choose from in Apache Junction, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be tough, so here are some tips to help you decide:
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and how much efficiency they need. While there are many options for which kind of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to peruse their list of options before making your decision.
- Warranty: A comprehensive, 25-year warranty can help keep your solar panels running smoothly and save you money on repairs and maintenance.
- Contract: Though reading through a contract can take a lot of time, it's important to do it thoroughly so you can be sure you understand how much the equipment and services will cost and the terms of the warranty.
- Installation Process: Get details from your solar company about the installation process and what to expect, including when the site survey will be completed and how long it will take.
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Apache Junction, AZ Solar Cost FAQs
What is the average cost of installing solar panels in Apache Junction?
This is a hard question to answer exactly, because the cost depends on a few different factors. Broadly speaking, it costs about $13,050 for a 5-kW system and $26,100 for a 10-kW system after the ITC is applied. You can expect to pay more if you want other solar equipment or higher quality panels, or if you have higher-than-average energy usage. Conversely, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
Is cost the most important thing to consider when buying solar panels?
Cost is certainly one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Do solar panels increase how much your home is worth?
Solar panels can increase the value of your home remarkably as long as you buy or finance your panels and don't choose 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 a solar system."
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy consumption and how much 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.