Solar Panel Cost Guide in Goodyear, AZ (Oct 2022)

  • Goodyear Solar Installation Cost: $9,336
  • 25-Year Savings: $25,086
  • Payback Period: 6.8 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 9/16/2022

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Average Cost of Solar Panels in Goodyear

Let's take a look at the average cost of solar panels in Goodyear.

In Goodyear, solar panels cost about $3 per watt on average. To account for the typical energy needs of the average home in Goodyear, most homeowners require a 5.1-kilowatt system. Using the per-watt figure above, a solar installation costs about $9,336, or $6,909 after the federal solar tax credit of 30% is applied.

How much you pay can go above or below the average in Goodyear based on a variety of factors, such as the brand of solar panels you choose and the solar company you hire. For most homeowners, the upfront investment in solar power is worth paying. On average Goodyear homeowners see about $26,000 in savings on energy bills over 20 years.

Click the button below to get connected to a highly rated solar panel company in Goodyear for a customized estimate.

Solar savings over time in Goodyear

Year Return on Investment
1 years $-7,959
3 years $-5,205
5 years $-2,452
7 years $302
9 years $3,056
11 years $5,810
13 years $8,563
15 years $11,317
17 years $14,071
19 years $16,825
21 years $19,578
23 years $22,332
25 years $25,086

Top Solar Installers in Goodyear

When making the switch to solar, many homeowners decide to use a solar installer since overseeing your solar installation yourself can be a challenging project. The expertise that solar installers provide can be useful as well, especially if you aren't sure what type of solar equipment you need.

Working with a professional solar installer can help you make the most of your investment in solar. Here are our recommendations:

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 Technology

The Green Panel

★★★★★
4.5

  • 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

★★★★★
4.0

  • Industry-leading warranty coverage
  • Expansive service area
  • Some reported communication issues
  • No leases or PPAs

See all of the solar companies in Goodyear

Factors that Affect Solar Panel Costs in Goodyear

Cost is usually one of the most important factors for homeowners who want to invest in solar. There are a few primary factors that determine your overall cost in Goodyear: solar equipment and system size, financing options and the solar installation company you choose. We'll go over each of these briefly below.

Solar Equipment Size

The size of the solar energy system you need for your household is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $2,610. There are several different solar panel brands and the one you pick also affects the cost. Generally, the brands that have better efficiency tend to also cost more. Additionally, the type of equipment you're looking to install can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.

Solar Financing Terms

For some homeowners, paying for solar panels out of pocket can be financially overwhelming. Solar loans are provided by most installers in Goodyear, which can reduce, or in some cases eliminate, your upfront costs to make solar more accessible. 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 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 securing a solar loan with a low APR could reduce your costs remarkably.

Solar Panel Installation Company

The last major cost factor you should take into consideration is the installer you choose. Given the massive popularity of green energy solutions in Goodyear, you'll have a great number of options to choose from, but each comes at different price points for labor and equipment. The company's size can sometimes play the most significant role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because of access 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 promotion can bring their pricing lower 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 $2.71 $11,400 $28,980 7.1 years
8 kW $2.66 $14,908 $38,932 6.9 years
10 kW $2.61 $18,270 $49,031 6.8 years
12 kW $2.56 $21,486 $59,275 6.7 years
14 kW $2.51 $24,555 $69,666 6.5 years
16 kW $2.45 $27,478 $80,203 6.4 years
18 kW $2.40 $30,255 $90,886 6.2 years
20 kW $2.35 $32,886 $101,715 6.1 years

Solar Incentives in Goodyear

Name Solar and Wind Equipment Sales Tax Exemption
More Info Click here

Name Residential Solar and Wind Energy Systems Tax Credit
Incentive Amount 25%
Website Visit here
More Info Click here

Name Qualifying Wood Stove Deduction
More Info Click here

Name Energy Equipment Property Tax Exemption
More Info Click here

Name SRP - Solar Water Heating Program
Website Visit here
More Info Click here

Name Residential Renewable Energy Tax Credit
Website Visit here
More Info Click here

How to Save on Solar Panels

The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because selecting a company can be a tough decision, we have some tips to help you, such as:

  • Solar Panel Brands: Different companies carry various brands and kinds of panels. If you know you want a specific brand, make sure the solar panel installer you're considering has it.
  • Contract: Before signing a contract with a solar company, be sure to look it over fully so you understand the terms. Also, ask questions if you aren't sure about some of the terms, such as what to do if a component breaks or malfunctions and if there are any guarantees about energy production.
  • Reputation: Your solar installer should have a solid reputation as a company and have proven expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from past customers.
  • Installation Process: When making the switch to solar, it's essential to maintain an open line of communication with your solar panel installer. See to it that you understand how the installation process will go and the project timeline.

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 Technology

The Green Panel

★★★★★
4.5

  • 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

★★★★★
4.0

  • Industry-leading warranty coverage
  • Expansive service area
  • Some reported communication issues
  • No leases or PPAs

EcoWatch's Goodyear, AZ Solar Cost FAQs

What is the average cost of installing solar panels in Goodyear?

The average cost of solar panels in Goodyear 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 like the model of solar panels you want, what size system you need and how much energy you use.

Are solar panels free in Goodyear?

You can't get solar panels for free in Goodyear. 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'd prefer to own your solar panels, you can finance them with a solar loan.

How much can I save on energy bills after switching to solar?

It is possible to erase your electricity bills with solar panels, but for most homeowners in Goodyear, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you'll want to contact a local solar installer to see how many panels can fit on your roof.

How long do solar panels last in Goodyear?

Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is how much energy they produce will have decreased significantly after that point. You can 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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