Solar Panel Cost Guide in Avenue B and C, AZ (2023 Update)
- Avenue B and C Solar Installation Cost: $9,338
- 25-Year Savings: $26,631
- Payback Period: 6.5 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Avenue B and C
Here's how much it might cost to make the switch to solar in Avenue B and C.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Avenue B and C, the typical cost of a solar system is 2.61 per watt. Because a 5.1-kW system is needed to cover the energy needs of a typical home in Avenue B and C, the average price of going solar will be about $9,336 after claiming the federal solar tax credit of 30%.
Remember that the numbers above are only averages. The price you'll end up paying for solar may vary based on your household energy needs, the type of solar panels you choose, your solar contractor and more. But, once you've paid the initial cost of installation, the savings for most homeowners is quite rewarding, with a net average savings of about $27,000 over 20 years on power bills.
To calculate your potential ROI and connect with a local solar installer, click the button below.
Solar savings over time in Avenue B and C
| Year | Return on Investment |
|---|---|
| 1 years | $-7,672 |
| 3 years | $-4,341 |
| 5 years | $-1,010 |
| 7 years | $2,321 |
| 9 years | $5,652 |
| 11 years | $8,983 |
| 13 years | $12,314 |
| 15 years | $15,645 |
| 17 years | $18,977 |
| 19 years | $22,308 |
| 21 years | $25,639 |
| 23 years | $28,970 |
| 25 years | $32,301 |
Top Solar Installers in Avenue B and C
Putting up solar panels on your own can be a stressful task, which is why hiring a solar installer is a good option for many homeowners. Plus, if you'd like to maximize your investment in solar power, opting for a solar installer can help with that too. Different providers can offer repairs, expertise on installation and sometimes even information on local incentives and net metering programs.
Working with a vetted solar installer can help your solar project go smoothly. Here are our recommendations:
See all of the solar companies in Avenue B and C
Factors that Affect Solar Panel Costs in Avenue B and C
While the average cost of a solar system in Avenue B and C is $9,336, your final cost may differ. There are several factors that can have a sizable impact on the cost of a residential solar panel installation. Below are some of the more important things to keep in mind.
Solar Equipment
When it comes to estimating the price of a solar panel system in Avenue B and C, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home's energy consumption, which you can determine by looking at past power bills. Your total cost can increase by around $2,610 for each additional kilowatt you need. The type of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more in the long run on your power bills. Additionally, extra products, such as solar batteries, can bump up your total well above the Avenue B and C average.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a big investment. That's why many Avenue B and C homeowners decide to finance their solar panel systems to make paying for solar more affordable. However, the interest on solar loans also adds to your total costs, so it's crucial to take that into consideration as well. You can always reduce the total you pay in interest and in some cases even your APR by putting more money down.
Solar Panel Installation Company
The solar panel installer you choose will affect your total cost to adopt solar power. Different companies will bill different amounts for the equipment and labor. You may see national solar installers that have lower prices due to their bigger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or promotions to compete with those larger companies.
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 | $30,825 | 6.7 years |
| 8 kW | $2.66 | $14,908 | $41,393 | 6.6 years |
| 10 kW | $2.61 | $18,270 | $52,106 | 6.5 years |
| 12 kW | $2.56 | $21,486 | $62,966 | 6.4 years |
| 14 kW | $2.51 | $24,555 | $73,972 | 6.2 years |
| 16 kW | $2.45 | $27,478 | $85,124 | 6.1 years |
| 18 kW | $2.40 | $30,255 | $96,422 | 6.0 years |
| 20 kW | $2.35 | $32,886 | $107,866 | 5.8 years |
How to Save on Solar Panels
Since the kind of solar panels and the company you choose has an impact on your costs and your system's durability and efficiency, it's important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, durability and efficiency. They will come at different price points as well. The company you choose affects which solar panel brands you have access to.
- Warranty: Companies typically offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Contract: It's important to look over your solar installer's contract well to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system's energy production.
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the completion timeline.
EcoWatch's Avenue B and C, AZ Solar Cost FAQs
What is the average cost of installing solar panels in Avenue B and C?
This is a tough question to answer exactly, because the cost depends on a variety of 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. It will cost more if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy consumption. Conversely, you can spend less if you want a smaller solar panel system or cheaper solar panels.
Is cost the most important thing to consider when buying solar panels?
Cost is a key factor to consider, but whether it's the most important for you depends on your reasons for going solar. In places where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.
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 Avenue B and C is currently $133,000, which means you can expect a value of about $5,453 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Avenue B and C is a fruitful investment.
How long do solar panels last in Avenue B and C?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher 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.