Solar Panel Cost Guide in Doney Park, AZ (2025 Update)
- Doney Park Solar Installation Cost: $11,891
- 25-Year Savings: $23,495
- Payback Period: 8.8 Years
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Average Cost of Solar Panels in Doney Park
Find out what the average cost of installing solar panels is in Doney Park.
The national average cost of solar panels is $2.66 per watt, but in Doney Park it’s 3 per watt.Using this figure, a typical 5.5-kW system would cost about $11,891 before the 0 federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you’ll pay for solar may look quite different based on your household energy consumption, the type of solar panels you choose, your solar contractor and more.But, after you've paid the upfront cost of installation, the ROI for most homeowners is quite rewarding, with a net average savings of about $23,000 over 20 years on electricity bills.
For a free quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Doney Park
Year | Return on Investment |
---|---|
1 years | $-10,226 |
3 years | $-6,894 |
5 years | $-3,563 |
7 years | $-232 |
9 years | $3,099 |
11 years | $6,430 |
13 years | $9,761 |
15 years | $13,092 |
17 years | $16,423 |
19 years | $19,754 |
21 years | $23,085 |
23 years | $26,416 |
25 years | $29,747 |
Top Solar Installers in Doney Park
Trying to put up solar panels yourself can be a stressful undertaking, which is why getting a solar installer is a good option for many homeowners. The expertise that solar companies offer can be useful as well, especially if you aren’t sure what kind of solar equipment you need.
If you're looking for a solar company in Doney Park, the EcoWatch team has organized 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 Doney Park
Factors that Affect Solar Panel Costs in Doney Park
There are several factors 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 does the installation.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. For that reason, it’s important to accurately gauge the size of the solar energy system needed for your home by figuring out your typical energy use.The kind of solar panels and equipment you get is another factor that will greatly impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Further, solar equipment goes beyond just the solar panels themselves. You’ll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking for a solar system that falls within your budget.
Solar Financing Terms
Most solar installers in Doney Park have solar loans, which reduce the initial cost of installing solar panels.You’ll have to consider the long-term cost of loans, including the amount of 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 more than the principal cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
The final major cost factor you should take into consideration is the installer you choose. Given the massive popularity of clean energy solutions in Doney Park, you’ll have many options to choose from, but each comes at varying price points for labor and equipment.The size of the company can sometimes play the most considerable role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower pricing due to greater resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount 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 | $23,029 | 9.2 years |
8 kW | $3.13 | $17,536 | $31,049 | 9.0 years |
10 kW | $3.07 | $21,490 | $39,241 | 8.8 years |
12 kW | $3.01 | $25,272 | $47,605 | 8.7 years |
14 kW | $2.95 | $28,883 | $56,141 | 8.5 years |
16 kW | $2.89 | $32,321 | $64,848 | 8.3 years |
18 kW | $2.82 | $35,587 | $73,728 | 8.1 years |
20 kW | $2.76 | $38,682 | $82,780 | 8.0 years |
How to Save on Solar Panels
Since the model of solar panels and the installer you choose significantly affects your costs and your system’s durability and efficiency, it’s important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Contract: It’s important to read your solar installer’s contract fully to understand what services they will provide, what the warranty covers and what expectations you should have about the cost.
- Warranty: A high-quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years in most cases provide good-quality solar panel installation and expertise.
- 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 hire.
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 Doney Park, AZ Solar Cost FAQs
What is the average cost of installing solar panels in Doney Park?
The average cost of solar panels in Doney Park 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 such as the type of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Doney Park?
Leasing solar panels can be an option if you can’t afford to pay upfront or secure a solar loan, but since you don’t own the system, you don’t have access to many solar incentives. Also your property value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.
How will 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."
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.