Solar Panel Cost Guide in Buckeye, AZ (2023 Update)
- Buckeye Solar Installation Cost: $9,336
- 25-Year Savings: $26,633
- Payback Period: 6.5 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Buckeye
Find out what the average cost of solar panel installation is in Buckeye.
The national average cost of solar panels is $2.66 per watt, but in Buckeye it's 2.61 per watt. The average solar panel system size in Buckeye is around 5.1 kilowatts, meaning a cost of about $9,336 for a solar installation, or $13,350 before the 30% federal solar tax credit is applied.
The true cost of your system can go above or below the average in Buckeye based on several factors, such as the brand of solar panels you choose and the solar installer you hire. For many homeowners, the upfront cost of solar is worth paying. On average homeowners in Buckeye see about $27,000 in savings on utility bills over 20 years.
To receive a free estimate from a highly rated solar installer in Buckeye, you can click the button below.
Solar savings over time in Buckeye
| Year | Return on Investment |
|---|---|
| 1 years | $-7,897 |
| 3 years | $-5,020 |
| 5 years | $-2,142 |
| 7 years | $735 |
| 9 years | $3,613 |
| 11 years | $6,490 |
| 13 years | $9,368 |
| 15 years | $12,245 |
| 17 years | $15,123 |
| 19 years | $18,000 |
| 21 years | $20,878 |
| 23 years | $23,755 |
| 25 years | $26,633 |
Top Solar Installers in Buckeye
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can be a headache. Using a solar panel installer can make your switch to solar power much easier. The expertise that solar companies provide can be invaluable as well, especially if you aren't sure what type of solar equipment you need.
If you're looking for a solar company in Buckeye, the EcoWatch team has compiled a list of our top suggestions here:
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 Buckeye
Factors that Affect Solar Panel Costs in Buckeye
The cost of installing a solar system in Buckeye can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The biggest one is the size of the system you need, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
When it comes to estimating the price of a solar energy system in Buckeye, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home's energy usage, which you can determine by looking at past power bills. Your overall cost can increase by about $2,610 for each additional kilowatt you need. There are a lot of different solar panel brands and the one you choose also affects the cost. Generally, the brands that offer higher efficiency tend to also cost more. Additionally, the type of equipment you want to install 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 Buckeye to be prohibitively steep, even if the investment pays off over time. Fortunately, nearly every solar installer in the area offers financing options. Solar loans drastically decrease upfront costs for most homeowners, but they also result in paying more over time because of interest. It's wise 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 panel installer you pick will play a role in your total cost to adopt solar power. Different companies will charge different amounts for the equipment and labor. The company's size sometimes plays the most significant role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower prices because they have more resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing lower to compete with bigger names.
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 | $30,795 | 6.8 years |
| 8 kW | $2.66 | $14,908 | $41,352 | 6.6 years |
| 10 kW | $2.61 | $18,270 | $52,056 | 6.5 years |
| 12 kW | $2.56 | $21,486 | $62,905 | 6.4 years |
| 14 kW | $2.51 | $24,555 | $73,901 | 6.2 years |
| 16 kW | $2.45 | $27,478 | $85,043 | 6.1 years |
| 18 kW | $2.40 | $30,255 | $96,331 | 6.0 years |
| 20 kW | $2.35 | $32,886 | $107,765 | 5.8 years |
How to Save on Solar Panels
The solar company you opt for will be a major factor in determining not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should keep in mind, including:
- Installation Process: An important thing to understand when adopting solar energy is the installation process itself. Be sure to align on any details you should know with your solar company, such as what permits you should secure and how long the project will take.
- Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, longevity and efficiency. They will come at different prices as well. The company you choose plays a role in which solar panel brands you have access to.
- Warranty: Each company may offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Contract: Before you sign a contract with a solar company, be sure to look it over carefully so you understand the terms. Also, ask questions if you aren't sure about some of the terms, such as what to do if a component breaks or malfunctions and what services you can expect from them.
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Buckeye, AZ Solar Cost FAQs
What is the average cost of installing solar panels in Buckeye?
This is a hard question to answer precisely, 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. You can expect to pay more if you want other solar equipment or higher quality panels, or if you have above-average energy usage. On the flip side, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
Are solar panels free in Buckeye?
You can't get solar panels for free in Buckeye. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd prefer to own your solar panels, you can finance them with a solar loan.
Does Buckeye have a net metering program?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just give you credit toward your future electricity bills.
What solar power system size is right for 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 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 get 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.