Solar Panel Cost Guide in Coolidge, AZ (2024 Update)
- Coolidge Solar Installation Cost: $11,072
- 25-Year Savings: $24,841
- Payback Period: 8.1 Years
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Average Cost of Solar Panels in Coolidge
Find out what the average cost of a solar system is in Coolidge.
The average cost of solar panels in Coolidge is 3 per watt.To account for the typical energy usage of the average home in Coolidge, most homeowners require a 5.2-kilowatt system. Using the per-watt figure above, a solar installation costs around $11,072, or $15,833 before the federal solar tax credit of 0 is applied.
These figures are only averages, and your own solar costs will look different based on factors unique to your home and what company you want to go with.Many homeowners find installing solar panels is a rewarding investment. The average homeowner in Coolidge can save around $25,000 on their power bills over 20 years.
To calculate your potential ROI and connect with a local solar installer, click the button below.
Solar savings over time in Coolidge
| Year | Return on Investment |
|---|---|
| 1 years | $-9,407 |
| 3 years | $-6,076 |
| 5 years | $-2,744 |
| 7 years | $587 |
| 9 years | $3,918 |
| 11 years | $7,249 |
| 13 years | $10,580 |
| 15 years | $13,911 |
| 17 years | $17,242 |
| 19 years | $20,573 |
| 21 years | $23,904 |
| 23 years | $27,235 |
| 25 years | $30,566 |
Top Solar Installers in Coolidge
Installing solar panels yourself can be a difficult task, which is why using a solar installer is a good option for many homeowners. Plus, if you aren’t sure what type of solar panels and equipment you want, a solar expert can help you figure that out after a site survey and consultation.
If you’d like to go solar but still aren’t certain which solar system installer to go with, here are our recommendations for providers near you:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
See all of the solar companies in Coolidge
Factors that Affect Solar Panel Costs in Coolidge
There are a number of criteria that can play into your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a variety of factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power generation use better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,070.The brand and type of equipment you choose for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
If paying for a solar system in cash is difficult, solar loans are a popular choice because they reduce your upfront costs and allow you to pay for your system over five to seven years on average.However, the interest on solar loans also increases your all-in costs, so it’s important to take that into consideration as well. You can always lower the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
The solar company you opt for to handle your switch to green energy can play a part in your total costs. There are about 3 solar installation companies operating throughout Coolidge, and each can charge different amounts for labor and equipment.Additionally, some companies in Coolidge know more about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, 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 | $3.19 | $13,410 | $26,481 | 8.4 years |
| 8 kW | $3.13 | $17,536 | $35,652 | 8.2 years |
| 10 kW | $3.07 | $21,490 | $44,994 | 8.1 years |
| 12 kW | $3.01 | $25,272 | $54,509 | 7.9 years |
| 14 kW | $2.95 | $28,883 | $64,196 | 7.8 years |
| 16 kW | $2.89 | $32,321 | $74,054 | 7.6 years |
| 18 kW | $2.82 | $35,587 | $84,085 | 7.4 years |
| 20 kW | $2.76 | $38,682 | $94,287 | 7.3 years |
How to Save on Solar Panels
The solar company you opt for will influence not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should consider, such as:
- 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.
- 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 panel system is installed, such as updating or replacing your electrical system or roof.
- Contract: Look through the contract terms closely to make sure you understand the overall cost, project completion timeline rebates and warranties.
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you opt for.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
EcoWatch's Coolidge, AZ Solar Cost FAQs
What is the average cost of installing solar panels in Coolidge?
The average cost of solar panels in Coolidge is about $15,350 for a 5-kW system and $30,700 for a 10-kW system before the ITC, but the real cost will depend on things like the kind of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Coolidge?
A solar panel system isn’t free in Coolidge, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Can you sell solar power back to the grid in Coolidge?
The majority of states offer net metering programs of some kind. Through these, you can receive compensation 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.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy usage and the amount of sunlight your roof gets. You can take a 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 install between 20 and 35 panels to account for 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.