Solar Panel Cost Guide in Drexel Heights, AZ (2024 Update)

  • Drexel Heights Solar Installation Cost: $10,974
  • 25-Year Savings: $24,873
  • Payback Period: 8.0 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

Why you can trust EcoWatch

We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Drexel Heights

We break down average solar pricing in Drexel Heights.

The national average cost of solar panels is $2.66 per watt, but in Drexel Heights it’s 3 per watt.Since a 5.1-kW system is needed to cover the energy usage of a typical home in Drexel Heights, the average price of going solar will be about $10,974 after claiming the federal solar tax credit of 0.

Bear in mind that the figures above are only estimates based on the average energy use of Drexel Heights homeowners. The cost of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor.With average savings of about $25,000 on power bills over 20 years, many homeowners in Drexel Heights find going solar has a decent ROI.

To see your potential savings and connect with a local solar company, click the button below.

Solar savings over time in Drexel Heights

Year Return on Investment
1 years $-9,418
3 years $-6,306
5 years $-3,194
7 years $-82
9 years $3,030
11 years $6,142
13 years $9,253
15 years $12,365
17 years $15,477
19 years $18,589
21 years $21,701
23 years $24,813
25 years $27,925

Top Solar Installers in Drexel Heights

Many homeowners opt for a solar panel installer since installing solar panels by yourself can be a labor-intensive endeavor. Another great thing about choosing a reputable solar installer is that it'll likely provide warranties and free repairs, which help protect your investment.

If you're on the hunt for a solar installer in Drexel Heights, we've put together a list of our top suggestions here:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best for Leasing

Sunrun

★★★★★
4.0

  • Expansive service area
  • Many financing options
  • Some reported issues with customer service
  • Some reported issues with door-to-door sales

Best Social Impact

Palmetto Solar

★★★★★
4.0

  • Expansive service area
  • Makes charitable contributions
  • Certified B Corp
  • No leases or PPAs
  • Quality of installation may vary by location

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 is dependent on several factors. The most significant one is the size of the system your home needs, and other factors include the equipment you choose, financing options and the solar company you choose.

Solar Equipment

System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. Because of that, it’s important to accurately assess the size of the solar energy system needed for your home by figuring out your average energy use.The model of solar panels and equipment you get is another factor that will considerably affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Plus, solar equipment goes beyond just the solar panels themselves. You’ll also need to consider 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

For some homeowners, paying for a solar system out of pocket can be a challenge. Solar loans are available from most installers in Drexel Heights, which can lower, or in some cases eliminate, your upfront costs to make solar more accessible.However, the interest on solar loans also adds to your total costs, so it’s vital to keep that in mind as well. You can always lower the total you pay in interest and in some cases even your APR by putting more money down.

Solar Panel Installation Company

Lastly, the company you hire to install your solar panels can influence your pricing. Drexel Heights’s solar companies all have different labor costs and add varying upcharges to equipment. The size of the company sometimes plays the most considerable role in your costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have greater resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger names.

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 $26,775 8.3 years
8 kW $3.13 $17,536 $36,044 8.2 years
10 kW $3.07 $21,490 $45,485 8.0 years
12 kW $3.01 $25,272 $55,098 7.9 years
14 kW $2.95 $28,883 $64,882 7.7 years
16 kW $2.89 $32,321 $74,839 7.5 years
18 kW $2.82 $35,587 $84,967 7.4 years
20 kW $2.76 $38,682 $95,268 7.2 years

How to Save on Solar Panels

The solar panel company you opt for will be a major factor in determining not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should consider, such as:

  • Warranty: Many companies offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
  • Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the completion timeline.
  • Reputation: Make sure your solar system installer has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like EcoWatch.
  • Contract: It’s important to look over your solar installer’s contract well to understand what services they will provide, what the warranty covers and what you can expect about the installation process.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best for Leasing

Sunrun

★★★★★
4.0

  • Expansive service area
  • Many financing options
  • Some reported issues with customer service
  • Some reported issues with door-to-door sales

Best Social Impact

Palmetto Solar

★★★★★
4.0

  • Expansive service area
  • Makes charitable contributions
  • Certified B Corp
  • No leases or PPAs
  • Quality of installation may vary by location

EcoWatch's Drexel Heights, AZ Solar Cost FAQs

What is the average cost of installing solar panels in Drexel Heights?

This is a difficult question to answer precisely, because the cost depends on a variety of factors. Broadly speaking, it costs about $15,350 for a 5-kW system and $30,700 for a 10-kW system after the ITC is applied. You can expect to pay more if you want additional solar equipment or more efficient panels, or if you have above-average energy needs. On the flip side, you can spend less if you choose a smaller solar panel system or less efficient solar panels.

Are solar panels free in Drexel Heights?

You can’t get solar panels for free in Drexel Heights. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d rather own your solar panels, you can finance them with a solar loan.

How will having solar panels impact the value of my home?

Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Drexel Heights is currently $365,219, so you can expect a value of about $14,974 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Drexel Heights is a worthwhile investment.

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 once you've had 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.

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