Solar Panel Cost Guide in Doney Park, AZ (2023 Update)
- Doney Park Solar Installation Cost: $10,109
- 25-Year Savings: $23,495
- Payback Period: 7.5 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Doney Park
Find out what the average cost of solar panel installation is in Doney Park.
Although the national average of solar panels is $2.66 per watt, solar panels in Doney Park generally cost about 2.61. To cover the typical energy needs of the average home in Doney Park, most homeowners require a 5.5-kilowatt system. Using the per-watt figure above, a solar installation costs about $10,103, or $14,447 before the federal solar tax credit of 30% is applied.
These figures are just estimates, and the cost of going solar for you will most likely differ based on your energy needs and what company you want to go with. Many homeowners find going solar is a fruitful investment. The average homeowner in Doney Park can save around $23,000 on their electricity bills over 20 years.
Click the button below to get connected to a reputable solar panel company in Doney Park for a personalized quote.
Solar savings over time in Doney Park
| Year | Return on Investment |
|---|---|
| 1 years | $-8,444 |
| 3 years | $-5,113 |
| 5 years | $-1,782 |
| 7 years | $1,549 |
| 9 years | $4,881 |
| 11 years | $8,212 |
| 13 years | $11,543 |
| 15 years | $14,874 |
| 17 years | $18,205 |
| 19 years | $21,536 |
| 21 years | $24,867 |
| 23 years | $28,198 |
| 25 years | $31,529 |
Top Solar Installers in Doney Park
When going solar, many homeowners choose to go with a solar installation company since putting up a solar system yourself can be a difficult project. Companies can also have access to various kinds of the best solar panels and help you pick which one will be right for you.
If you're searching for a solar installer in Doney Park, we've compiled a list of our top suggestions here:
See all of the solar companies in Doney Park
Factors that Affect Solar Panel Costs in Doney Park
Though 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 quite a few factors that can have a significant impact on the cost of a solar panel installation. Below are some of the more crucial things to consider.
Solar Equipment
When it comes to estimating the cost of a solar panel system in Doney Park, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home's energy consumption, which you can figure out by looking at past power bills. Your overall cost can increase by around $2,610 for each additional kilowatt you need. Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Doney Park, where sunlight is abundant, efficiency can quickly pay off. Also, if you have a small roof or you don't have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a big investment. That's why many Doney Park homeowners decide to finance their solar panel systems to make paying for solar more affordable. You'll have to consider the long-term cost of financing options, 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 getting a solar loan with a low interest rate could reduce your costs considerably.
Solar Panel Installation Company
Finally, the company you opt for to install your solar system can influence how much it costs. Doney Park's solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies usually have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or extra services like electric vehicle charger installation, they might be cheaper overall.
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 to choose from in Doney Park, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:
- Warranty: If you care about the durability of your solar panel system, ensuring your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to install your solar system. Another way you can check your installer's reputation is by reading reviews.
- Contract: It's important to read your solar installer's contract thoroughly to understand what services they will provide, what the warranty covers and what you can expect about the installation process.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and how much efficiency they need. Even though there are many options for which model of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to ask for their list of options before deciding.
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 real cost will depend on certain factors such as the model of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Doney Park?
You can't get solar panels for free in Doney Park. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
Can solar panels completely eradicate 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?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is how much energy they produce will have decreased significantly after that point. You can opt to 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.