Solar Panel Cost Guide in Bisbee, AZ (2023 Update)
- Bisbee Solar Installation Cost: $9,431
- 25-Year Savings: $27,532
- Payback Period: 6.4 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Bisbee
Let's have a look at the average cost of solar panels in Bisbee.
The national average cost of solar panels is $2.66 per watt, but in Bisbee it's 2.61 per watt. The average solar panel system size in Bisbee is around 5.2 kilowatts, meaning a cost of about $9,427 for a solar installation, or $13,481 before the 30% federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you'll pay for solar may vary based on your household energy needs, the type of solar system you choose, your solar contractor and more. With average savings of about $27,000 on power bills over 20 years, many homeowners in Bisbee find investing in solar can pay off big.
To calculate your potential ROI and connect with a local solar expert, click the button below.
Solar savings over time in Bisbee
Year | Return on Investment |
---|---|
1 years | $-7,766 |
3 years | $-4,435 |
5 years | $-1,104 |
7 years | $2,228 |
9 years | $5,559 |
11 years | $8,890 |
13 years | $12,221 |
15 years | $15,552 |
17 years | $18,883 |
19 years | $22,214 |
21 years | $25,545 |
23 years | $28,876 |
25 years | $32,207 |
Top Solar Installers in Bisbee
DIY solar panel installation is a possibility, but it's an undertaking that can be a pain. Using a solar panel installer can make your switch to solar power much easier. Plus, if you aren't sure what brand of solar panels and equipment you need, a solar expert can help you figure that out after a site survey and consultation.
There are a number of licensed solar professionals that can help you install your solar system. Here are our suggestions:
See all of the solar companies in Bisbee
Factors that Affect Solar Panel Costs in Bisbee
Cost is typically one of the most important factors for homeowners wanting to invest in solar. There are a few key factors that will push your cost above or below the average in Bisbee: solar equipment and system size, financing options and the solar installation company you choose. We'll go over each of these briefly below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power production need better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,610. The kind of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more in the long run on your energy bills. In addition, add-on products, like solar batteries, can bring your total well above the Bisbee average.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be a challenge. Solar loans are offered by most installers in Bisbee, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more affordable. It's a good idea to add the interest you'll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and how long it'll take to pay back the loan.
Solar Panel Installation Company
The solar installer you go with to handle your switch to sustainable energy can play a part in your total costs. There are about 3 solar panel companies in Bisbee, and each can charge different amounts for labor and equipment. Some companies only sell high-efficiency and high-priced 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 has the products, warranties and services you want and also fits 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 | $31,562 | 6.6 years |
8 kW | $2.66 | $14,908 | $42,375 | 6.5 years |
10 kW | $2.61 | $18,270 | $53,334 | 6.4 years |
12 kW | $2.56 | $21,486 | $64,439 | 6.3 years |
14 kW | $2.51 | $24,555 | $75,691 | 6.1 years |
16 kW | $2.45 | $27,478 | $87,089 | 6.0 years |
18 kW | $2.40 | $30,255 | $98,632 | 5.9 years |
20 kW | $2.35 | $32,886 | $110,322 | 5.7 years |
How to Save on Solar Panels
The solar company you opt for will be a major factor in determining not only your total costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should take into account, such as:
- Solar Panel Brands: Each solar panel brand and kind has varying levels of quality, durability and efficiency. They will come at different price points as well. The company you choose has an impact on which solar panel brands you have access to.
- 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 installer, such as what permits you should acquire and what the project timeline is.
- Reputation: Solar system installers that have great reviews from their customers and that have been in business for many years likely provide quality solar panel installation and expertise.
- Contract: Before signing a contract with a solar installer, make sure to read it through completely so you understand the terms. Also, ask questions if you're unsure about some of the terms, such as what to do if a component breaks or malfunctions and what services you can expect from them.
EcoWatch's Bisbee, AZ Solar Cost FAQs
How much does it cost to install solar panels in Bisbee?
This is a difficult question to answer exactly, because the cost depends on many factors. Generally 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 be more expensive if you want additional solar equipment or higher quality panels, or if you have above-average energy needs. On the flip side, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
Is cost the most important consideration when buying solar panels?
Cost is definitely one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
How much can I save on electricity bills after switching to solar?
Solar panels can potentially eliminate your electricity bills depending on where you're located and how much sunlight your home gets. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $1,432.08 per year.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy needs 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 buy between 20 and 35 panels to account for 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.