Solar Panel Cost Guide in Corona de Tucson, AZ (2024 Update)
- Corona de Tucson Solar Installation Cost: $10,974
- 25-Year Savings: $26,502
- Payback Period: 7.7 Years
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Average Cost of Solar Panels in Corona de Tucson
Let’s have a look at the average cost of solar panels in Corona de Tucson.
In Corona de Tucson, solar panels cost about 3 per watt on average.The average Corona de Tucson homeowner needs a 5.1-kilowatt system, which would cost about $10,974 with the federal tax credit, or $15,693 before the 0 tax credit is applied.
The prices above are just estimates to give you an idea of how much a solar panel system could cost. The actual cost of installing solar panels can vary quite a bit depending on multiple factors, such as what size system you need, your energy usage and what solar installer you go with.With average savings of about $27,000 on utility bills over 20 years, many homeowners in Corona de Tucson find going solar can pay off big.
For a personalized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Corona de Tucson
Year | Return on Investment |
---|---|
1 years | $-9,418 |
3 years | $-6,306 |
5 years | $-3,194 |
7 years | $-82 |
9 years | $3,030 |
11 years | $6,142 |
13 years | $9,253 |
15 years | $12,365 |
17 years | $15,477 |
19 years | $18,589 |
21 years | $21,701 |
23 years | $24,813 |
25 years | $27,925 |
Top Solar Installers in Corona de Tucson
DIY solar panel installation is a possibility, but it's an undertaking that can be a pain. Hiring a solar company can make your switch to solar power much easier. Solar companies provide key benefits that can help you maximize your investment, like warranties, monitoring and free repairs.
If you're on the hunt for a solar company in Corona de Tucson, the EcoWatch team has compiled a list of our top suggestions here:
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 Corona de Tucson
Factors that Affect Solar Panel Costs in Corona de Tucson
Although the average cost of a solar system in Corona de Tucson is $10,974, your actual cost may differ. There are quite a few factors that can have a significant impact on the cost of a residential solar panel installation. Below are some of the more crucial things to take into consideration.
Solar Equipment
One of the most important factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more energy your household consumes, the larger your system will likely need to be. You can expect to spend around $3,070 per kilowatt in Corona de Tucson.The solar equipment you choose can bring your price up or down 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, more efficient panels could save you more in the long run on your power bills. In addition, extra products, like solar batteries, can bring your total well above the Corona de Tucson average.
Solar Financing Terms
Many homeowners find the average cost of solar in Corona de Tucson to be too expensive, even if the investment pays off over time. Thankfully, nearly every solar installer in the area offers financing options. Solar loans remarkably decrease upfront costs for most homeowners, but they also lead to a higher cost over time because of interest.You’ll have to consider the long-term cost of loans, including the total interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or securing a solar loan with a low interest rate could reduce your costs considerably.
Solar Panel Installation Company
Finally, the company you get to install your solar panel system can affect your pricing. Corona de Tucson’s solar companies all have different labor costs and add varying upcharges to equipment. The company’s size can sometimes play the most significant role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower prices because of access to greater resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing lower to compete with bigger companies.
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 | $28,689 | 8.0 years |
8 kW | $3.13 | $17,536 | $38,596 | 7.8 years |
10 kW | $3.07 | $21,490 | $48,675 | 7.7 years |
12 kW | $3.01 | $25,272 | $58,926 | 7.5 years |
14 kW | $2.95 | $28,883 | $69,348 | 7.4 years |
16 kW | $2.89 | $32,321 | $79,943 | 7.2 years |
18 kW | $2.82 | $35,587 | $90,709 | 7.0 years |
20 kW | $2.76 | $38,682 | $101,648 | 6.9 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because selecting a company can be difficult, we have some tips to help you, such as:
- Solar Panel Brands: Different companies will offer different brands and models of panels. If you prefer a specific brand, make sure the solar company you’re considering has it.
- Warranty: A comprehensive, long-term warranty can help keep your solar system running smoothly and save you money on part replacement and repairs.
- Contract: Even though reading through a contract can be tedious, it’s important to do it fully so you can be sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to do the job well. Another way you can verify your installer’s reputation is by reading reviews.
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 Corona de Tucson, AZ Solar Cost FAQs
How much does it cost to install solar panels in Corona de Tucson?
The average cost of solar panels in Corona de Tucson 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 stuff like the type of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in Corona de Tucson?
Leasing solar panels can be an appealing choice, because it commonly comes with low or $0 upfront payments. The drawback 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 tax rebates and credits and your home value won’t increase. Buying solar panels is a better way to go if you want to maximize your savings.
Can solar panels significantly reduce my power bills?
Solar panels can potentially eliminate your electricity bills depending on where you’re located and the efficiency of your system. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $1,403.30 per year.
How long do solar panels last in Corona de Tucson?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is their energy production will have decreased significantly after that point. You can replace them after having 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.