Solar Panel Cost Guide in Clarkdale, AZ (2023 Update)
- Clarkdale Solar Installation Cost: $9,665
- 25-Year Savings: $26,304
- Payback Period: 6.7 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Clarkdale
We go over average solar pricing in Clarkdale.
The average cost of a solar panel system in Clarkdale is 2.61 per watt. The average Clarkdale homeowner needs a 5.3-kilowatt system, which would cost about $9,665 with the federal tax credit, or $13,821 before the 30% tax credit is applied.
Bear in mind that the figures above are only estimates based on the average energy use of Clarkdale homeowners. The price of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor. With typical savings of about $26,000 on electricity bills over 20 years, many homeowners in Clarkdale find installing solar panels can pay off big.
To get a free quote from a vetted solar installation company in Clarkdale, you can click the button below.
Solar savings over time in Clarkdale
| Year | Return on Investment |
|---|---|
| 1 years | $-8,226 |
| 3 years | $-5,349 |
| 5 years | $-2,471 |
| 7 years | $406 |
| 9 years | $3,284 |
| 11 years | $6,161 |
| 13 years | $9,039 |
| 15 years | $11,916 |
| 17 years | $14,794 |
| 19 years | $17,671 |
| 21 years | $20,549 |
| 23 years | $23,426 |
| 25 years | $26,304 |
Top Solar Installers in Clarkdale
Although you can install solar panels by yourself, it involves extra energy and knowledge. That's one of the reasons most people choose to hire a solar panel installer. Since solar panels are exposed to the elements every day, warranties and repairs from your solar company can help you get the most out of your investment in solar panels by avoiding potential costs down the line.
You can work with a local solar installer to get a free quote on how much your investment in solar could cost for your home. Here are some 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 Clarkdale
Factors that Affect Solar Panel Costs in Clarkdale
There are a number of criteria that can influence your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
When it comes to estimating the price of solar panels in Clarkdale, one of the most crucial 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 electricity bills. Your overall cost can increase by around $2,610 for each additional kilowatt you need. The solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more in the long run on your power bills. Additionally, extra products, such as solar batteries, can bring your total well above the Clarkdale average.
Solar Financing Terms
Most solar installers in Clarkdale offer solar loans, which reduce the initial cost of installing a solar system. When estimating your overall cost, you should also calculate the interest you'll pay if you decide on a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
The solar installer you hire to handle your switch to renewable energy can have an effect on your total costs. There are about 3 solar panel companies in Clarkdale, and each can charge varying amounts for labor and equipment. Additionally, some companies in Clarkdale are more knowledgeable about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could help you save more money in the long run.
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 | $29,403 | 7.0 years |
| 8 kW | $2.66 | $14,908 | $39,496 | 6.9 years |
| 10 kW | $2.61 | $18,270 | $49,735 | 6.7 years |
| 12 kW | $2.56 | $21,486 | $60,120 | 6.6 years |
| 14 kW | $2.51 | $24,555 | $70,652 | 6.4 years |
| 16 kW | $2.45 | $27,478 | $81,330 | 6.3 years |
| 18 kW | $2.40 | $30,255 | $92,154 | 6.2 years |
| 20 kW | $2.35 | $32,886 | $103,124 | 6.0 years |
How to Save on Solar Panels
Since the type of solar panels and the installer you choose considerably affects your costs and your system's efficiency, production, and durability, it's important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Contract: Before signing a contract with a solar installer, be sure to read it through carefully so you understand the terms. Also, ask questions if you aren't sure about some of the terms, such as what to do if a component breaks or malfunctions and what services you can expect from them.
- Reputation: Long-standing companies likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
- Installation Process: Homeowners should make sure they understand how exactly the installation process will go, as well as important factors like the project completion timeline.
- Solar Panel Brands: Different companies will carry different brands and types of panels. If you prefer a specific brand, make sure the solar panel company you're considering has it.
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Clarkdale, AZ Solar Cost FAQs
How much does it cost to install solar panels in Clarkdale?
This is a tough question to answer exactly, because the cost depends on a variety of factors. Broadly 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 above-average energy consumption. Conversely, you can spend less if you want a smaller solar panel system or cheaper solar panels.
Is it better to lease or buy solar panels in Clarkdale?
Leasing solar panels can be an attractive choice, as it commonly 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 option if you want to get the most savings.
How will installing solar panels impact my property value?
Solar panels can increase your property's value significantly as long as you buy or finance your panels and don't go for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing a solar system."
How long do solar panels last in Clarkdale?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level of energy production.
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.