Solar Panel Cost Guide in Guadalupe, AZ (2023 Update)
- Guadalupe Solar Installation Cost: $9,344
- 25-Year Savings: $21,135
- Payback Period: 7.7 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Guadalupe
Let's have a look at the average cost of solar in Guadalupe.
The national average cost of solar panels is $2.66 per watt, but in Guadalupe it's 2.61 per watt. To cover the typical energy needs of the average home in Guadalupe, most homeowners require a 5.1-kilowatt system. Using the figure above, a solar installation costs around $9,336, or $13,350 before the federal solar tax credit of 30% is applied.
Remember 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 equipment you want to get, your solar contractor and more. With typical savings of about $23,000 on power bills over 20 years, many homeowners in Guadalupe find going solar can pay off big.
To calculate your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in Guadalupe
| Year | Return on Investment |
|---|---|
| 1 years | $-9,243 |
| 3 years | $-9,040 |
| 5 years | $-8,836 |
| 7 years | $-8,633 |
| 9 years | $-8,430 |
| 11 years | $-8,227 |
| 13 years | $-8,024 |
| 15 years | $-7,820 |
| 17 years | $-7,617 |
| 19 years | $-7,414 |
| 21 years | $-7,211 |
| 23 years | $-7,008 |
| 25 years | $-6,804 |
Top Solar Installers in Guadalupe
When going solar, many homeowners choose to hire a solar company since overseeing your solar installation yourself can be a challenging project. Companies can also have access to quality options of the best solar panels and help you choose which one will be right for your home.
If you're on the hunt for a solar company in Guadalupe, we've put together a list of our top suggestions here:
See all of the solar companies in Guadalupe
Factors that Affect Solar Panel Costs in Guadalupe
Though the average cost of a solar system in Guadalupe is $9,336, your actual cost may differ. There are many factors that can have a significant impact on the cost of a solar panel installation. Below are some of the more important things to take into consideration.
Solar Equipment
When it comes to estimating the cost of solar panels in Guadalupe, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly 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. The brand of solar panels and equipment you choose is another factor that will largely affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Moreover, solar equipment goes beyond just the solar panels themselves. You'll also need to decide on 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's in your budget.
Solar Financing Terms
If paying for solar panels out of pocket is too expensive, solar loans are a popular option because they decrease your upfront costs and let you pay for your system over five to seven years on average. You'll have to consider the long-term cost of loans, 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 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 keep in mind when trying to figure out the cost of solar for your home or business in Guadalupe is the company you get to install your solar panel system. As with choosing a company to renovate your kitchen, for example, there are plenty of solar installers that provide a range of services at different price points. Larger national companies usually have lower costs, but some local companies undercut them by promoting sales and discounts. While the smaller companies might not have 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 | $24,355 | 8.0 years |
| 8 kW | $2.66 | $14,908 | $32,765 | 7.8 years |
| 10 kW | $2.61 | $18,270 | $41,322 | 7.7 years |
| 12 kW | $2.56 | $21,486 | $50,025 | 7.5 years |
| 14 kW | $2.51 | $24,555 | $58,874 | 7.4 years |
| 16 kW | $2.45 | $27,478 | $67,869 | 7.2 years |
| 18 kW | $2.40 | $30,255 | $77,010 | 7.1 years |
| 20 kW | $2.35 | $32,886 | $86,298 | 6.9 years |
How to Save on Solar Panels
There are a lot of companies to choose from in Guadalupe, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be challenging, so here are some tips to help you decide:
- Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, durability and efficiency. They will come at different costs as well. The company you choose plays a role in which solar panel brands you have access to.
- Installation Process: Make sure you're on the same page with the company with regard to how the installation process will go and what needs to be done before your solar panel system is installed, such as updating your electrical system or roof.
- Contract: When reading 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 part breaking or if the company goes out of business.
- Warranty: An all-inclusive, long-term warranty can help keep your solar panels running for a long time and save you money on part replacement and repairs.
EcoWatch's Guadalupe, AZ Solar Cost FAQs
How much does it cost to install solar panels in Guadalupe?
The average cost of solar panels in Guadalupe 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 stuff such as the model of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in Guadalupe?
Leasing solar panels can be an appealing choice, because it usually comes with low or $0 upfront payments. The drawback is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any incentives and your home value won't increase. Buying solar panels is a better option if you want to maximize your savings.
Do solar panels increase how much your home is worth?
Solar panels can increase your property's value considerably as long as you buy or finance your panels and don't choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing a solar system."
How often do you have to replace solar panels?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher level of energy production.
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.