Solar Panel Cost Guide in Bullhead City, AZ (2024 Update)
- Bullhead City Solar Installation Cost: $11,560
- 25-Year Savings: $18,028
- Payback Period: 10.4 Years
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Average Cost of Solar Panels in Bullhead City
Find out what the average cost of solar panels are in Bullhead City.
The national average cost of solar panels is $2.66 per watt, but in Bullhead City it’s 3 per watt.To account for the typical energy usage of the average home in Bullhead City, most homeowners require a 5.4-kilowatt system. Using the per-watt figure above, a solar installation costs around $11,560, or $16,531 before the federal solar tax credit of 0 is applied.
The prices above are just estimates to give you an idea of how much a solar panel system could cost. The actual cost of making the switch to solar can vary depending on a few factors, such as what size system you need, your energy consumption and what company you go with.But, after you've paid the initial cost of installation, the return on investment for most homeowners is usually good, with a net average savings of about $20,000 over 20 years on electricity bills.
To calculate your potential savings and connect with a local solar expert, click the button below.
Solar savings over time in Bullhead City
| Year | Return on Investment |
|---|---|
| 1 years | $-10,300 |
| 3 years | $-7,779 |
| 5 years | $-5,259 |
| 7 years | $-2,739 |
| 9 years | $-218 |
| 11 years | $2,302 |
| 13 years | $4,822 |
| 15 years | $7,343 |
| 17 years | $9,863 |
| 19 years | $12,383 |
| 21 years | $14,904 |
| 23 years | $17,424 |
| 25 years | $19,945 |
Top Solar Installers in Bullhead City
Do-it-yourself solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a headache. Using a solar panel installer can make switching to solar power much easier. Solar companies offer key benefits that can help you get the most out of your investment, like warranties, monitoring and free repairs.
You can work with a local solar installer to get a free estimate on how much solar panels could cost for your home. Here are some near you:
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
See all of the solar companies in Bullhead City
Factors that Affect Solar Panel Costs in Bullhead City
Although the average cost of a solar system in Bullhead City is $11,560, your final cost may be above or below the average. There are several factors that can have a sizable impact on the cost of a solar system installation. Below are some of the more crucial things to take into consideration.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. For that reason, it’s important to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs.Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Bullhead City, where sunlight is abundant, efficiency can quickly pay off. Also, 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 Bullhead City to be prohibitively costly, even if the investment pays off over time. Thankfully, almost every solar company in the area provides access to financing options. Solar loans remarkably decrease upfront costs in most cases, but they also result in paying more over time due to interest.You’ll have to consider the long-term cost of loans, including the total interest you’ll pay over the length of the loan. If you’re only able to 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 getting a solar loan with a low interest rate 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 Bullhead City is the company you hire to install your solar panel system. As with choosing a company to build a deck or pool, for example, there’s no shortage of solar installers that provide a range of services at different price points.You may see national solar installers that have lower prices because of their larger brand name and access to bulk pricing, 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 | $3.19 | $13,410 | $17,661 | 10.8 years |
| 8 kW | $3.13 | $17,536 | $23,891 | 10.6 years |
| 10 kW | $3.07 | $21,490 | $30,294 | 10.4 years |
| 12 kW | $3.01 | $25,272 | $36,868 | 10.2 years |
| 14 kW | $2.95 | $28,883 | $43,615 | 10.0 years |
| 16 kW | $2.89 | $32,321 | $50,533 | 9.8 years |
| 18 kW | $2.82 | $35,587 | $57,624 | 9.5 years |
| 20 kW | $2.76 | $38,682 | $64,886 | 9.3 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Installation Process: Get detailed information from your solar company about the installation process and what to expect, such as when the site survey will be done and what the project timeline is.
- Reputation: Solar installers that have great reviews from their customers and that have been operating for many years most likely offer good-quality solar panel installation and expertise.
- Warranty: If you’re concerned about the endurance of your solar energy system, verifying that your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Contract: It’s important to read through your solar installer’s contract thoroughly to understand what services they will provide, what the warranty covers and what you can expect about the project timeline.
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's Bullhead City, AZ Solar Cost FAQs
What is the average cost of installing solar panels in Bullhead City?
This is a hard question to answer precisely, because the cost depends on a few different factors. Broadly speaking, it costs about $15,350 for a 5-kW system and $30,700 for a 10-kW system after the ITC is applied. You can expect to pay more if you want other solar equipment or more efficient panels, or if you have higher-than-average energy usage. On the other hand, you can spend less if you want a smaller solar panel system or cheaper solar panels.
Can you get solar panels for free in Bullhead City?
You can’t get solar panels for free in Bullhead City. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
Is it worth going solar in Bullhead City?
Solar panels can be a beneficial investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your power bills are already pretty low, solar panels might not be for you.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy usage 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 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.