Solar Panel Cost Guide in Bullhead City, AZ (2023 Update)
- Bullhead City Solar Installation Cost: $9,828
- 25-Year Savings: $18,028
- Payback Period: 8.8 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Bullhead City
Here's how much it might cost to install solar panels in Bullhead City.
In Bullhead City, solar panels cost about 2.61 per watt on average. To account for the typical energy usage of the average home in Bullhead City, most homeowners require a 5.4-kilowatt system. Using the figure above, a solar installation costs about $9,829, or $14,055 before the federal solar tax credit of 30% is applied.
Keep in mind that the numbers above are only averages. The price you'll pay for solar will differ based on your household energy consumption, the type of solar system you want to get, your solar contractor and more. But, after you've paid the initial cost of installation, the payback for most homeowners is usually rewarding, with a net average savings of about $20,000 over 20 years on power bills.
To get a free estimate from a top solar company in Bullhead City, you can click the button below.
Solar savings over time in Bullhead City
| Year | Return on Investment |
|---|---|
| 1 years | $-9,735 |
| 3 years | $-9,549 |
| 5 years | $-9,364 |
| 7 years | $-9,178 |
| 9 years | $-8,992 |
| 11 years | $-8,806 |
| 13 years | $-8,621 |
| 15 years | $-8,435 |
| 17 years | $-8,249 |
| 19 years | $-8,064 |
| 21 years | $-7,878 |
| 23 years | $-7,692 |
| 25 years | $-7,507 |
Top Solar Installers in Bullhead City
Although it's possible to install solar panels yourself, it takes extra energy and know-how. For that reason, the majority of homeowners choose to hire a solar panel installer. Also, companies with a high reputation that cost more upfront could actually save you money in the long run because of their warranties, repair services and expert design.
You can work with a local solar installer to get a free estimate on the cost of solar panels for your home. Here are some near you:
See all of the solar companies in Bullhead City
Factors that Affect Solar Panel Costs in Bullhead City
Even though the average cost of a solar system in Bullhead City is $9,829, your actual cost may be above or below the average. There are many factors that can have a significant impact on the cost of a residential solar panel installation. Below are some of the more crucial things to consider.
Solar Equipment
When it comes to estimating the price of solar panels in Bullhead City, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home's energy usage, which you can gauge by looking at past electricity bills. Your overall cost can increase by around $2,610 for each additional kilowatt you need. The kind of solar panels and equipment you choose is another factor that will substantially influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Furthermore, solar equipment goes beyond just the solar panels themselves. You'll also need to decide on 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 for a solar system that falls within your budget.
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 Bullhead City homeowners decide to finance their solar panel systems to make going solar more affordable. When considering your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying more on your down payment can lower the total interest paid over time.
Solar Panel Installation Company
The remaining significant cost factor you should take into consideration is the installer you choose. Given the massive popularity of clean energy solutions in Bullhead City, you'll have many options to choose from, but each comes at various price points for labor and equipment. Some companies only sell products with high efficiency and therefore a higher price point — 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 offers 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 | $19,670 | 9.2 years |
| 8 kW | $2.66 | $14,908 | $26,519 | 9.0 years |
| 10 kW | $2.61 | $18,270 | $33,514 | 8.8 years |
| 12 kW | $2.56 | $21,486 | $40,655 | 8.6 years |
| 14 kW | $2.51 | $24,555 | $47,943 | 8.5 years |
| 16 kW | $2.45 | $27,478 | $55,376 | 8.3 years |
| 18 kW | $2.40 | $30,255 | $62,956 | 8.1 years |
| 20 kW | $2.35 | $32,886 | $70,682 | 7.9 years |
How to Save on Solar Panels
Since the brand of solar panels and the installer you choose has an impact on your costs and your system's efficiency, production, and durability, it's important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Reputation: Make sure your solar system installer has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like EcoWatch.
- Warranty: Each company may offer different types of warranties that cover different things. 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 fully so you understand the terms. Also, ask questions if you're unsure about some of the terms, such as what the warranty covers and what services you can expect from them.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and energy needs. Although there are many options for which kind of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you peruse their list of offerings before making your decision.
EcoWatch's Bullhead City, AZ Solar Cost FAQs
How much does it cost to install solar panels in Bullhead City?
The average cost of solar panels in Bullhead City is about $13,050 for a 5-kW system and $26,100 for a 10-kW system before the ITC, but the actual cost will depend on things like the kind of solar panels you want, what size system you need and how much energy you use.
Is cost the most important thing to consider when buying solar panels?
The upfront cost is a crucial 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 trump the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.
How much can I save on power 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 $1,035.68 per year.
What solar power system size is right for my home?
To figure out how many solar panels you need, you should find out how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average house will need 20 to 35 panels.
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.