Solar Panel Cost Guide in Buckeye, AZ (2024 Update)

  • Buckeye Solar Installation Cost: $10,991
  • 25-Year Savings: $26,624
  • Payback Period: 7.6 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Buckeye

Let’s take a look at the average cost of solar in Buckeye.

In Buckeye, solar panels cost about 3 per watt on average.The average Buckeye homeowner needs a 5.1-kilowatt system, which would cost about $10,991 with the federal tax credit, or $15,717 before the 0 tax credit is applied.

Keep in mind that the figures above are only estimates based on the average energy use of Buckeye homeowners. The price of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor.For many homeowners, the upfront investment in solar is worth paying. On average Buckeye homeowners see about $27,000 in savings on energy bills over 20 years.

To receive a free quote from a top solar company in Buckeye, you can click the button below.

Solar savings over time in Buckeye

Year Return on Investment
1 years $-9,326
3 years $-5,995
5 years $-2,664
7 years $668
9 years $3,999
11 years $7,330
13 years $10,661
15 years $13,992
17 years $17,323
19 years $20,654
21 years $23,985
23 years $27,316
25 years $30,647

Top Solar Installers in Buckeye

When making the switch to solar, many homeowners decide to hire a solar installation company since overseeing your solar installation yourself can be a difficult project. Solar companies offer key benefits that can help you maximize your investment, like warranties, monitoring and free repairs.

There are various licensed solar professionals that can take care of your solar installation project. Here are our suggestions:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.0

  • 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

★★★★★
4.0

  • 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 Buckeye

Factors that Affect Solar Panel Costs in Buckeye

Cost is typically one of the most important factors for homeowners who want to invest in solar. There are a few primary factors that will push your cost above or below the average in Buckeye: 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 variety of factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power generation need better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,070.The model of solar panels and equipment you choose is another factor that will greatly affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more pricey. Moreover, solar equipment is more than just the solar panels themselves. You’ll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking into a solar system that’s in your budget.

Solar Financing Terms

Many homeowners find the average cost of solar in Buckeye to be prohibitively steep, even if the investment pays off over time. Fortunately, nearly every solar company in the area provides financing options. Solar loans greatly decrease upfront costs for most homeowners, but they also lead to a higher cost over time due to interest.You’ll have to consider the long-term cost of financing options, 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 more than the original cost. Making a larger down payment or securing a solar loan with a low APR could reduce your costs considerably.

Solar Panel Installation Company

The final major cost factor you should take into consideration is the installer you choose. Given the massive popularity of sustainable energy solutions in Buckeye, you’ll have a great number of options to choose from, but each comes at various price points for labor and equipment.You may notice national solar installers that have lower prices due to their larger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or specials 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 $3.19 $13,410 $28,786 7.9 years
8 kW $3.13 $17,536 $38,725 7.8 years
10 kW $3.07 $21,490 $48,836 7.6 years
12 kW $3.01 $25,272 $59,118 7.5 years
14 kW $2.95 $28,883 $69,573 7.3 years
16 kW $2.89 $32,321 $80,200 7.2 years
18 kW $2.82 $35,587 $90,999 7.0 years
20 kW $2.76 $38,682 $101,969 6.9 years

How to Save on Solar Panels

The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since choosing a company can be a tough decision, we have some tips to help you, such as:

  • Warranty: Companies typically offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
  • Installation Process: Make sure you’re on the same page with the company with regard to how the installation process will go and what needs to be done before your solar system is installed, such as updating or replacing your electrical system or roof.
  • Solar Panel Brands: The model of solar panel you need plays a role in which company you should choose, since different companies offer different panels.
  • Contract: When looking over your solar installer’s contract, ask for clarification about any terms you’re not sure of and be sure you understand what happens in scenarios like a system component breaking or if the company goes out of business.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.0

  • 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

★★★★★
4.0

  • Expansive service area
  • Makes charitable contributions
  • Certified B Corp
  • No leases or PPAs
  • Quality of installation may vary by location

EcoWatch's Buckeye, AZ Solar Cost FAQs

How much does it cost to install solar panels in Buckeye?

The average cost of solar panels in Buckeye is about $15,350 for a 5-kW system and $30,700 for a 10-kW system before the ITC, but the real cost will depend on certain factors like the type of solar panels you want, what size system you need and how much energy you use.

Should I lease or buy solar panels in Buckeye?

Leasing solar panels can be an attractive choice, as it typically comes with low or $0 upfront payments. The downside is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any tax rebates and credits and your home value won’t increase. Buying solar panels is a better way to go if you want to maximize your savings.

How will having solar panels impact my property value?

Solar panels can increase the value of your home significantly as long as you buy or finance your panels and don’t go 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 a solar system."

How long do solar panels last in Buckeye?

On average, the lifespan of solar panels is 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.

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