Solar Panel Cost Guide in Camp Verde, AZ (2023 Update)
- Camp Verde Solar Installation Cost: $9,665
- 25-Year Savings: $22,724
- Payback Period: 7.5 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Camp Verde
See how much it might cost to go solar in Camp Verde.
In Camp Verde, solar panels cost about 2.61 per watt on average. Because a 5.3-kW system is needed to cover the energy consumption of a typical home in Camp Verde, the average price of going solar will be about $9,665 after claiming the federal solar tax credit of 30%.
How much you pay can be higher or lower than the average in Camp Verde depending on a variety of factors, such as the kind of solar panels you choose and the solar contractor you hire. Many homeowners find adopting solar power is a solid investment. The average homeowner in Camp Verde can save around $23,000 on their energy bills over 20 years.
To receive a free quote from a vetted solar company in Camp Verde, you can click the button below.
Solar savings over time in Camp Verde
| Year | Return on Investment |
|---|---|
| 1 years | $-8,369 |
| 3 years | $-5,778 |
| 5 years | $-3,187 |
| 7 years | $-596 |
| 9 years | $1,995 |
| 11 years | $4,586 |
| 13 years | $7,177 |
| 15 years | $9,769 |
| 17 years | $12,360 |
| 19 years | $14,951 |
| 21 years | $17,542 |
| 23 years | $20,133 |
| 25 years | $22,724 |
Top Solar Installers in Camp Verde
Putting up solar panels on your own can be a challenging undertaking, which is why using a solar installation company is a good option for many homeowners. Companies can also have access to a large variety of the best solar panels and help you choose which one will be right for your home.
If you'd like to start using solar energy but still aren't certain which solar panel installer to go with, here are our recommendations for providers near you:
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 Camp Verde
Factors that Affect Solar Panel Costs in Camp Verde
Though the average cost of a solar system in Camp Verde is $9,665, your actual cost may be above or below the average. There are quite a few factors that can have a significant impact on the cost of a solar system installation. Below are some of the more important things to keep in mind.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. For that reason, it's important to accurately ascertain the size of the solar energy system needed for your home by figuring out your average energy use. Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Camp Verde, 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 more impactful. 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 Camp Verde to be prohibitively expensive, even if the investment pays off over time. Fortunately, almost every solar installer in the area provides access to financing options. Solar loans remarkably decrease upfront costs for most homeowners, but they also lead to higher prices over time due to interest. Although solar loans make switching to solar energy more accessible for Camp Verde homeowners, they can also add to the total you pay for your system due to interest. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The solar panel installation company you pick will play a role in your total cost to make the switch to solar power. Different companies will charge different amounts for the equipment and labor. Companies that only sell high-quality, high-efficiency and high-price products — 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 decide on the company that provides the products, warranties and services you're looking for and also is 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 | $25,342 | 7.8 years |
| 8 kW | $2.66 | $14,908 | $34,081 | 7.6 years |
| 10 kW | $2.61 | $18,270 | $42,967 | 7.5 years |
| 12 kW | $2.56 | $21,486 | $51,999 | 7.3 years |
| 14 kW | $2.51 | $24,555 | $61,177 | 7.2 years |
| 16 kW | $2.45 | $27,478 | $70,501 | 7.0 years |
| 18 kW | $2.40 | $30,255 | $79,971 | 6.9 years |
| 20 kW | $2.35 | $32,886 | $89,588 | 6.7 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 selecting a company can be a tough decision, we have some tips to help you, such as:
- Reputation: Make sure your solar panel 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: A high-quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: When reading through your solar installer's contract, ask questions about any terms you're not sure of and be sure you understand what happens in scenarios such as a system component breaking or the company going out of business.
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, durability and energy efficiency. They will come at different costs as well. The company you choose affects which solar panel brands you have access to.
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Camp Verde, AZ Solar Cost FAQs
What is the average cost of installing solar panels in Camp Verde?
The average cost of solar panels in Camp Verde 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 certain factors like the kind of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in Camp Verde?
Leasing solar panels can be an option if you can't pay upfront or get a solar loan, but since you don't own the system, you can't take advantage of many solar incentives. Also your home value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.
Is it worth going solar in Camp Verde?
Whether or not solar panels are worth it depends on some different factors like how much you pay for electricity and the amount of direct sunlight your roof gets.
How long do solar panels last in Camp Verde?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can choose to replace them once you've had them for that long or you can keep using them at a lower efficiency.
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.