Solar Panel Cost Guide in Green Valley, AZ (2024 Update)
- Green Valley Solar Installation Cost: $10,974
- 25-Year Savings: $20,530
- Payback Period: 8.6 Years
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Average Cost of Solar Panels in Green Valley
We break down average solar pricing in Green Valley.
The national average cost of solar panels is $2.66 per watt, but in Green Valley it’s 3 per watt.Using this figure, a typical 5.1-kW system would cost about $10,974 before the 0 federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average Green Valley homeowner. The price of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor.But, after you've paid the initial cost of installation, the payback for most homeowners is typically fruitful, with a net average savings of about $24,000 over 20 years on power bills.
You can click the button below to get connected with a vetted solar company in Green Valley for a quote for your home.
Solar savings over time in Green Valley
| Year | Return on Investment |
|---|---|
| 1 years | $-9,714 |
| 3 years | $-7,194 |
| 5 years | $-4,674 |
| 7 years | $-2,153 |
| 9 years | $367 |
| 11 years | $2,887 |
| 13 years | $5,408 |
| 15 years | $7,928 |
| 17 years | $10,449 |
| 19 years | $12,969 |
| 21 years | $15,489 |
| 23 years | $18,010 |
| 25 years | $20,530 |
Top Solar Installers in Green Valley
Although it's possible to install solar panels on your own, it takes extra effort and knowledge. That's one of the reasons the majority of homeowners choose to hire a solar panel installer. Solar companies offer key benefits that can help you get the most out of your investment, like warranties, monitoring and free repairs.
Working with a licensed solar installer can make going solar easier. Here are our recommendations:
Best for Leasing
Sunrun
- 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
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
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
See all of the solar companies in Green Valley
Factors that Affect Solar Panel Costs in Green Valley
Though the average cost of a solar system in Green Valley is $10,974, your actual cost may be above or below the average. There are quite a few factors that can have a sizable impact on the cost of a solar system installation. Below are some of the more important things to take into consideration.
Solar Equipment
The size of the solar 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 $3,070. The type of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more in the long run on your energy bills. Additionally, add-on products, such as solar batteries, can bump up your total well above the Green Valley average.
Solar Financing Terms
Most solar installers in Green Valley have solar loans, which reduce the initial cost of installing solar panels.It’s wise to include the interest you’ll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and the amount of time it’ll take to pay off the loan.
Solar Panel Installation Company
The solar installer you go with to handle your switch to renewable energy can play a role in your total costs. There are about 3 solar installation companies in Green Valley, and each can charge different amounts for labor and equipment.Larger national companies typically have lower costs, but some local companies undercut 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 car 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 | $3.19 | $13,410 | $24,088 | 8.9 years |
| 8 kW | $3.13 | $17,536 | $32,462 | 8.8 years |
| 10 kW | $3.07 | $21,490 | $41,007 | 8.6 years |
| 12 kW | $3.01 | $25,272 | $49,724 | 8.4 years |
| 14 kW | $2.95 | $28,883 | $58,613 | 8.3 years |
| 16 kW | $2.89 | $32,321 | $67,674 | 8.1 years |
| 18 kW | $2.82 | $35,587 | $76,907 | 7.9 years |
| 20 kW | $2.76 | $38,682 | $86,312 | 7.7 years |
How to Save on Solar Panels
The solar installer you go with will affect not only your total costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are several important things you should keep in mind, such as:
- Contract: When looking through your solar installer’s contract, ask questions about any terms you’re not sure of and be sure you understand what happens in scenarios such as a system component breaking or the company going out of business.
- Reputation: Solar installers that have great reviews from their customers and that have been in business for many years in most cases provide high-quality solar panel installation and expertise.
- Warranty: Warranties that cover panel repairs and maintenance over a couple decades are the gold standard in the business, and offering that kind of warranty is one sign of a quality company.
- Solar Panel Brands: Different companies will offer different brands and types of panels. If you want a specific brand, make sure the solar panel installer you’re considering has it.
Best for Leasing
Sunrun
- 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
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
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
EcoWatch's Green Valley, AZ Solar Cost FAQs
What is the average cost of installing solar panels in Green Valley?
The average cost of solar panels in Green Valley is about $15,350 for a 5-kW system and $30,700 for a 10-kW system before the ITC, but the actual cost will depend on certain factors like the kind of solar panels you want, what size system you need and how much energy you consume.
Is it better to lease or buy solar panels in Green Valley?
Leasing solar panels can be an option if you can’t pay upfront or get a solar loan, but since you don’t own the system, you don’t have access to many solar incentives. Also your property value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most bang for your buck from going solar.
Is it worth going solar in Green Valley?
Solar panels can be a good investment for lots of homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your power bills are already pretty low, solar panels might not be for you.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy needs and the amount of sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to get between 20 and 35 panels to cover their typical energy usage.
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.