Solar Panel Cost Guide in Camp Verde, AZ (2024 Update)
- Camp Verde Solar Installation Cost: $11,366
- 25-Year Savings: $22,726
- Payback Period: 8.8 Years
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Average Cost of Solar Panels in Camp Verde
Let’s have a look at the average cost of solar panels in Camp Verde.
The national average cost of solar panels is $2.66 per watt, but in Camp Verde it’s 3 per watt.The average solar panel system size in Camp Verde is around 5.3 kilowatts, meaning a cost of about $11,366 for a solar installation, or $16,253 before the 0 federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you’ll end up paying for solar will differ based on your household energy needs, the type of solar panels you want to get, your solar contractor and more.Many homeowners find going solar is a rewarding investment. The average homeowner in Camp Verde can save around $23,000 on their power bills over 20 years.
For a free quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Camp Verde
| Year | Return on Investment |
|---|---|
| 1 years | $-9,701 |
| 3 years | $-6,370 |
| 5 years | $-3,039 |
| 7 years | $292 |
| 9 years | $3,624 |
| 11 years | $6,955 |
| 13 years | $10,286 |
| 15 years | $13,617 |
| 17 years | $16,948 |
| 19 years | $20,279 |
| 21 years | $23,610 |
| 23 years | $26,941 |
| 25 years | $30,272 |
Top Solar Installers in Camp Verde
Putting up solar panels by yourself can be a difficult undertaking, which is why getting a solar installer is a good option for many homeowners. The expertise that solar installers offer can be useful as well, particularly if you don’t quite know what kind of solar equipment would be right for your home.
There are several licensed solar professionals that can install solar panels for you. Here are our suggestions:
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 Camp Verde
Factors that Affect Solar Panel Costs in Camp Verde
Cost is usually one of the most important factors for homeowners considering investing in solar. There are a few major factors that will push your cost above or below the average in Camp Verde: 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
One of the most significant factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more energy your household uses, the larger your system will likely need to be. You can expect to spend around $3,070 per kilowatt in Camp Verde.The brand of solar panels and equipment you want is another factor that will significantly impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more costly. Plus, solar equipment goes beyond 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 searching for a solar system that falls within your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Camp Verde to be too costly, even if the investment pays off over time. Fortunately, 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 higher prices over time due to 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 how long it’ll take to pay off the loan.
Solar Panel Installation Company
The solar company you opt for to handle your switch to solar energy can play a part in your total costs. There are about 3 solar installation companies in Camp Verde, and each can charge different amounts for labor and equipment.Larger national companies typically have lower costs, but some local companies keep up with them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or extra services like electric car charger installation, they might be cheaper overall.
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 | $23,332 | 9.1 years |
| 8 kW | $3.13 | $17,536 | $31,454 | 8.9 years |
| 10 kW | $3.07 | $21,490 | $39,747 | 8.8 years |
| 12 kW | $3.01 | $25,272 | $48,212 | 8.6 years |
| 14 kW | $2.95 | $28,883 | $56,849 | 8.4 years |
| 16 kW | $2.89 | $32,321 | $65,658 | 8.2 years |
| 18 kW | $2.82 | $35,587 | $74,639 | 8.1 years |
| 20 kW | $2.76 | $38,682 | $83,792 | 7.9 years |
How to Save on Solar Panels
Since the kind of solar panels and the installer you choose considerably impacts your costs and your system’s durability and efficiency, it’s important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Solar Panel Brands: Not all solar companies offer the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you go with.
- Contract: Look through the contract terms thoroughly to make sure you understand how much it will cost, project timeline incentives and warranties.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to get the job done well. Another way you can research your installer’s reputation is by reading reviews.
- Warranty: A high-quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
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 Camp Verde, AZ Solar Cost FAQs
How much does it cost to install solar panels in Camp Verde?
This is a hard question to answer exactly, because the cost depends on many factors. Generally 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 additional 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 less expensive solar panels.
What other factors should I consider aside from cost when buying solar panels?
Cost is a very important factor to consider, but whether it’s the most important for you depends on your goals for going solar. In areas where rooftop space is limited, efficiency can trump the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.
Does Camp Verde have a net metering program?
The majority of states offer net metering programs of some kind. Through these, you can either be compensated for the extra power your system generates or or receive credits to put toward future electricity bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy needs and the average daily 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 cover 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.