Solar Panel Cost Guide in Citrus Park, AZ (2023 Update)
- Citrus Park 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 Citrus Park
Find out what the average cost of solar panel installation is in Citrus Park.
The national average cost of solar panels is $2.66 per watt, but in Citrus Park it's 2.61 per watt. To account for the typical energy needs of the average home in Citrus Park, most homeowners require a 5.1-kilowatt system. Using the per-watt figure above, a solar installation costs about $9,336, or $13,350 before the federal solar tax credit of 30% is applied.
The true cost of your system can be above or below the average in Citrus Park based on several factors, such as the type of solar panels you choose and the solar installer you hire. Many homeowners find going solar is a sound investment. The average homeowner in Citrus Park can save around $27,000 on their power bills over 20 years.
You can click the button below to get connected with a top solar installer in Citrus Park for a quote for your home.
Solar savings over time in Citrus Park
| 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 Citrus Park
When making the switch to solar, many homeowners decide to hire a solar installation company since putting up a solar system yourself can be a difficult project. Solar warranties and repairs are ordinarily included in the cost of installation when you go with a solar contractor too, which can save you more money after your initial investment.
If you'd like to go solar but still aren't certain which solar installer to go with, here are our suggestions for providers nearby:
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 Citrus Park
Factors that Affect Solar Panel Costs in Citrus Park
While the average cost of a solar system in Citrus Park is $9,336, your actual cost may differ. There are quite a few factors that can have a significant impact on the cost of a solar panel installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
When it comes to estimating the cost of solar panels in Citrus Park, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely 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. Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Citrus Park, where sunlight is abundant, efficiency can quickly pay off. Plus, 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
Most solar installers in Citrus Park offer solar loans, which reduce your upfront costs of installing solar panels. When figuring out your overall cost, you should also calculate the interest you'll pay if you go with a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
Finally, the company you hire to install your solar panels can affect the cost. Citrus Park's solar companies all have different labor costs and add varying upcharges to equipment. You may come across national solar installers that have lower prices due to their larger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or specials 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 | $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
There are a large number of companies to choose from in Citrus Park, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be difficult, so here are some tips to help you decide:
- 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 your solar installer's contract fully to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system's energy production.
- Installation Process: Make sure you're aligned with the installer in regard to how the installation process will go and what you need to do before your solar panels are installed, such as updating your electrical system or roof.
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, durability and energy efficiency. They will come at different costs as well. The company you choose has an impact on 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 Citrus Park, AZ Solar Cost FAQs
What is the average cost of installing solar panels in Citrus Park?
This is a hard question to answer precisely, because the cost depends on a few different 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. It will cost more if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy consumption. On the flip side, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.
Should I lease or buy solar panels in Citrus Park?
Leasing solar panels can be an attractive choice, as it typically comes with low or $0 upfront payments. The downside is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any incentives and your home value won't increase. Buying solar panels is a better way to go if you want to get the most savings.
Is switching to solar power worth it?
Solar panels can be a great investment for many homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your energy bills are already fairly low, solar panels might not be for you.
How often do you have to replace solar panels?
Although 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 decide 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.