Solar Panel Cost Guide in Drexel Heights, AZ (Mar 2023)
- Drexel Heights Solar Installation Cost: $9,336
- 25-Year Savings: $24,867
- Payback Period: 6.8 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Drexel Heights
Find out what the average cost of solar panel installation is in Drexel Heights.
The national average cost of solar panels is $2.66 per watt, but in Drexel Heights it's 2.61 per watt. Because a 5.1-kW system is needed to cover the energy costs of a typical home in Drexel Heights, the average price of going solar will be about $9,336 after claiming the federal solar tax credit of 30%.
Keep in mind that the numbers above are only averages. The price you'll end up paying for solar will differ based on your household energy consumption, the type of solar panels you want to get, your solar contractor and more. Even with the high initial cost, the average Drexel Heights homeowner can save around $25,000 on their electricity bills over 20 years, which is one of the positives of solar.
To get a free estimate from a pre-vetted solar installer in Drexel Heights, you can click the button below.
Solar savings over time in Drexel Heights
| Year | Return on Investment |
|---|---|
| 1 years | $-7,968 |
| 3 years | $-5,232 |
| 5 years | $-2,495 |
| 7 years | $241 |
| 9 years | $2,977 |
| 11 years | $5,713 |
| 13 years | $8,449 |
| 15 years | $11,186 |
| 17 years | $13,922 |
| 19 years | $16,658 |
| 21 years | $19,394 |
| 23 years | $22,131 |
| 25 years | $24,867 |
Top Solar Installers in Drexel Heights
Although it's possible to install solar panels by yourself, it requires extra energy and handiness. For that reason, most people choose to hire a solar panel installer. A solar company can also help save you money in the long run by offering warranties, repairs and component replacements.
There are several licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
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 Drexel Heights
Factors that Affect Solar Panel Costs in Drexel Heights
The cost of installing a solar system in Drexel Heights can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The most significant one is your system size, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
The size of the solar panel system you need to offset your energy usage, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $2,610. The brand and kind of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these are often more expensive 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 more savings over time. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Most solar installers in Drexel Heights have solar loans, which reduce your upfront costs of installing solar panels. You'll have to consider the long-term cost of financing options, including the amount of interest you'll pay over the length of the loan. If you're only able to 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 securing a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
A final factor to consider when trying to estimate the cost of solar for your home or business in Drexel Heights is the company you get to install your PV system. Similar to choosing a company to install new cabinets, for instance, there's no shortage of solar installers that offer a range of services at different costs. You may see national solar installers that have lower prices because of their larger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or promotions to compete with those larger companies.
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 | $28,784 | 7.1 years |
| 8 kW | $2.66 | $14,908 | $38,672 | 7.0 years |
| 10 kW | $2.61 | $18,270 | $48,705 | 6.8 years |
| 12 kW | $2.56 | $21,486 | $58,884 | 6.7 years |
| 14 kW | $2.51 | $24,555 | $69,210 | 6.5 years |
| 16 kW | $2.45 | $27,478 | $79,682 | 6.4 years |
| 18 kW | $2.40 | $30,255 | $90,300 | 6.3 years |
| 20 kW | $2.35 | $32,886 | $101,064 | 6.1 years |
How to Save on Solar Panels
There are a lot of companies to choose from in Drexel Heights, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be tough, so here are some tips to help you decide:
- Solar Panel Brands: The model of solar panel you'd like plays a part in which installer you should go with, since different companies have access to different panels.
- Contract: It's important to read your solar installer's contract carefully to understand what services they will provide, what the warranty covers and what you can expect about your solar system's energy production.
- Installation Process: When going solar, it's important to keep an open line of communication with your solar installer. See to it that you understand how the installation process will go and the completion timeline.
- Warranty: A comprehensive, 25-year warranty can help keep your solar panels running for years to come and save you money on part replacement and repairs.
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 Drexel Heights, AZ Solar Cost FAQs
How much does it cost to install solar panels in Drexel Heights?
The average cost of solar panels in Drexel Heights 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 type of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider apart from cost when buying solar panels?
Cost is certainly one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Can you sell solar power back to the grid in Drexel Heights?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just offer you credit toward your future power bills.
How long do solar panels last in Drexel Heights?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of 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 continue to use 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.