Solar Panel Cost Guide in Doney Park, AZ (Mar 2023)
- Doney Park Solar Installation Cost: $10,103
- 25-Year Savings: $23,501
- Payback Period: 7.5 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Doney Park
We break down average solar pricing in Doney Park.
The average cost of a solar system in Doney Park is 2.61 per watt. The average solar panel system size in Doney Park is around 5.5 kilowatts, meaning a cost of about $10,103 for a solar installation, or $14,447 before the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The true cost of installing solar panels can vary quite a bit based on several factors, such as how many panels you need, your energy consumption and what installation company you go with. Many homeowners find going solar is a rewarding investment. The average homeowner in Doney Park can save about $23,000 on their power bills over 20 years.
To see your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in Doney Park
Year | Return on Investment |
---|---|
1 years | $-8,759 |
3 years | $-6,071 |
5 years | $-3,382 |
7 years | $-694 |
9 years | $1,994 |
11 years | $4,683 |
13 years | $7,371 |
15 years | $10,059 |
17 years | $12,748 |
19 years | $15,436 |
21 years | $18,124 |
23 years | $20,813 |
25 years | $23,501 |
Top Solar Installers in Doney Park
Although you can install solar panels yourself, it takes extra time and handiness. Because of that, the majority of homeowners choose to hire a solar panel installer. A solar installer can also help save you money over time by offering warranties, repairs and part replacements.
Working with a licensed solar company can help your solar project go smoothly. Here are our recommendations:
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
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 Doney Park
Factors that Affect Solar Panel Costs in Doney Park
While the average cost of a solar system in Doney Park is $10,103, your actual cost may be higher or lower than that. There are several factors that can have a major impact on the cost of a solar panel installation. Below are some of the more crucial things to take into consideration.
Solar Equipment
The size of the solar system you need for your home, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $2,610. The brand and kind of equipment you want for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often have a higher price tag 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 will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want extra equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Most solar companies in Doney Park offer solar loans, which reduce the initial cost of installing solar panels. When trying to figure out your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Doney Park is the company you hire to install your solar panel system. As with choosing a company to renovate your kitchen, for instance, there are plenty of solar installers that provide a range of services at different costs. Companies that only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It's best to do some research and go with the company that provides the products, warranties and services you want and also fit into your budget.
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 | $25,038 | 7.8 years |
8 kW | $2.66 | $14,908 | $33,676 | 7.7 years |
10 kW | $2.61 | $18,270 | $42,461 | 7.5 years |
12 kW | $2.56 | $21,486 | $51,392 | 7.4 years |
14 kW | $2.51 | $24,555 | $60,468 | 7.2 years |
16 kW | $2.45 | $27,478 | $69,691 | 7.1 years |
18 kW | $2.40 | $30,255 | $79,060 | 6.9 years |
20 kW | $2.35 | $32,886 | $88,576 | 6.8 years |
How to Save on Solar Panels
There are a lot of companies available in Doney Park, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be difficult, so here are some tips to help you decide:
- Contract: When looking over your solar installer's contract, ask for clarification about any terms you're not sure of and make sure you understand what happens in scenarios such as a system component breaking or the company going out of business.
- Reputation: Companies that have been operating for many years likely have a solid reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, longevity and energy efficiency. They will come at different prices as well. The company you choose has an impact on which solar panel brands you have access to.
- Warranty: If you're worried about the endurance of your solar panel system, checking if your company offers a 25-year, all-inclusive warranty can help put you at ease.
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
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 $13,050 for a 5-kW system and $26,100 for a 10-kW system before the ITC, but the actual cost will depend on certain factors such as the kind of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important consideration when buying solar panels?
Cost is definitely one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Can solar panels significantly reduce my electricity bills?
Solar panels can potentially eliminate your electricity bills depending on your location and how much sunlight your home gets. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $1,214.62 per year.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount of energy production.
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.