Solar Panel Cost Guide in Coolidge, AZ (2025 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 national average cost of solar panels is $2.66 per watt, but in Coolidge it’s 3 per watt.Using this figure, a typical 5.2-kW system would cost about $11,072 before the 0 federal solar tax credit is applied.
How much you pay can be higher or lower than the average in Coolidge depending on several factors, such as the brand of solar panels you choose and the solar installer you hire.But, once you've paid the initial cost of installation, the return on investment for most homeowners is quite good, with a net average savings of about $25,000 over 20 years on energy bills.
To receive a free quote from a highly rated solar company in Coolidge, you can 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
Although you can install solar panels on your own, it involves extra labor and handiness. That's why most people choose to hire a solar panel installer. Also, companies with a high reputation that cost more upfront could actually save you money in the long term due to their warranties, repair services and expert design.
If you’d like to switch to solar energy but still aren’t sure which solar company to go with, here are our suggestions for providers near you:
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 Coolidge
Factors that Affect Solar Panel Costs in Coolidge
Cost is typically one of the most important factors for homeowners wanting to invest in solar. There are a few primary factors that affect your total cost in Coolidge: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
When it comes to estimating the price of a solar system in Coolidge, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home’s energy consumption, which you can figure out by looking at past electricity bills. Your overall cost can increase by around $3,070 for each additional kilowatt you need.There are several different solar panel brands and the one you choose also affects the cost. Usually, the brands that have better efficiency tend to also cost more. In addition, the type of equipment you want to install can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on power bills over time, but they can also be a big investment. That’s why many Coolidge homeowners opt to finance their solar panel systems to offset upfront costs.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 the amount of time it’ll take to pay off the loan.
Solar Panel Installation Company
Finally, the company you opt for to install your solar panels can impact the cost. Coolidge’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Coolidge are more knowledgeable about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you 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
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Warranty: If you’re concerned about the endurance of your solar energy system, making sure your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Installation Process: Get details from your solar company about the installation process and what to expect, including when the site survey will be completed and what the project timeline is.
- Contract: When looking over your solar company’s contract, ask questions about any terms you’re not sure of and be sure you understand what happens in scenarios like a system part breaking or if the company goes out of business.
- Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you opt for.
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 Coolidge, AZ Solar Cost FAQs
What is the average cost of installing solar panels in Coolidge?
This is a difficult question to answer exactly, because the cost depends on a variety of factors. Broadly speaking, it costs about $15,350 for a 5-kW system and $30,700 for a 10-kW system after the ITC is applied. It will be more expensive if you want additional solar equipment or higher quality panels, or if you have above-average energy needs. Conversely, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
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 viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Does Coolidge have a net metering program?
Most states offer net metering programs of some kind. Through these, you can get paid 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?
To figure out how many solar panels you need, you should find out how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average home will need 20 to 35 panels.
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.