Solar Panel Cost Guide in Corona De Tucson, AZ (2023 Update)
- Corona De Tucson Solar Installation Cost: $9,336
- 25-Year Savings: $26,496
- Payback Period: 6.5 Years
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Updated May 04, 2023
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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.
The average cost of a solar panel system in Corona De Tucson is 2.61 per watt. To cover the typical energy needs of the average home in Corona De Tucson, 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.
Bear in mind that the figures above are only estimates based on the average Corona De Tucson homeowner. The cost of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor. Despite the large initial cost, the average Corona De Tucson homeowner can save about $27,000 on their electricity bills over 20 years, which is one of the benefits of solar.
To see your potential ROI and connect with a local solar expert, click the button below.
Solar savings over time in Corona De Tucson
| Year | Return on Investment |
|---|---|
| 1 years | $-7,903 |
| 3 years | $-5,036 |
| 5 years | $-2,170 |
| 7 years | $697 |
| 9 years | $3,564 |
| 11 years | $6,430 |
| 13 years | $9,297 |
| 15 years | $12,163 |
| 17 years | $15,030 |
| 19 years | $17,896 |
| 21 years | $20,763 |
| 23 years | $23,629 |
| 25 years | $26,496 |
Top Solar Installers in Corona De Tucson
When going solar, many homeowners decide to use a solar installation company since overseeing your solar installation yourself can be a time-consuming project. Solar installers offer key benefits that can help you get the most out of your investment, like warranties, monitoring and free repairs.
Working with a vetted solar company can make going solar easier. Here are our recommendations:
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 Corona De Tucson
Factors that Affect Solar Panel Costs in Corona De Tucson
While the average cost of a solar system in Corona De Tucson is $9,336, your final cost may be higher or lower than that. There are several factors that can have a significant impact on the cost of a solar system installation. Below are some of the more important things to consider.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power generation use better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,610. The brand and type of equipment you choose for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often come at a higher price 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 additional equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Most solar companies in Corona De Tucson provide solar loans, which reduce the initial cost of installing solar panels. When considering your overall cost, you should also calculate the interest you'll pay if you go with a solar loan. Also, paying more on your down payment can lower the total interest paid over time.
Solar Panel Installation Company
The last key cost factor you should consider is the installer you choose. Given the massive popularity of sustainable energy solutions in Corona De Tucson, you'll have lots of options to choose from, but each comes at varying price points for labor and equipment. Additionally, some companies in Corona De Tucson are more knowledgeable about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, they may charge more for that service. 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 | $2.71 | $11,400 | $30,698 | 6.8 years |
| 8 kW | $2.66 | $14,908 | $41,224 | 6.6 years |
| 10 kW | $2.61 | $18,270 | $51,895 | 6.5 years |
| 12 kW | $2.56 | $21,486 | $62,712 | 6.4 years |
| 14 kW | $2.51 | $24,555 | $73,676 | 6.2 years |
| 16 kW | $2.45 | $27,478 | $84,786 | 6.1 years |
| 18 kW | $2.40 | $30,255 | $96,042 | 6.0 years |
| 20 kW | $2.35 | $32,886 | $107,444 | 5.9 years |
How to Save on Solar Panels
The solar installer you choose will affect not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should take into account, including:
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the project completion timeline.
- Contract: Even though reading through a contract can take a lot of time, it's important to do it fully so you can make sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Reputation: Your solar installer should have a good reputation as a company and have verifiable expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from past customers.
- Solar Panel Brands: Different companies will offer various brands and types of panels. If you want a specific brand, make sure the solar panel installer 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 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 $13,050 for a 5-kW system and $26,100 for a 10-kW system before the ITC, but the real cost will depend on certain factors like the kind of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Corona De Tucson?
Leasing solar panels can be an attractive choice, because it usually 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 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 going solar worth it?
Whether or not solar panels are worth it depends on a variety of factors like local electricity rates and the amount of direct sunlight your roof gets.
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 requires and how much sunlight your home gets. For a general estimate, however, since each panel can typically 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.