Solar Panel Cost Guide in Kingman, AZ (2023 Update)
- Kingman Solar Installation Cost: $9,829
- 25-Year Savings: $19,649
- Payback Period: 8.3 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Kingman
See how much it might cost to switch to solar power in Kingman.
The average cost of a solar panel system in Kingman is 2.61 per watt. The average solar panel system size in Kingman is around 5.4 kilowatts, meaning a cost of about $9,829 for a solar installation, or $14,055 before the 30% federal solar tax credit is applied.
The actual price you pay can be above or below the average in Kingman based on a variety of factors, such as the type of solar panels you choose and the solar installer you hire. But, once you've paid the initial cost of installation, the ROI for most homeowners is quite fruitful, with a net average savings of about $21,000 over 20 years on utility bills.
To see your potential ROI and connect with a local solar installer, click the button below.
Solar savings over time in Kingman
| Year | Return on Investment |
|---|---|
| 1 years | $-8,650 |
| 3 years | $-6,292 |
| 5 years | $-3,934 |
| 7 years | $-1,575 |
| 9 years | $783 |
| 11 years | $3,141 |
| 13 years | $5,500 |
| 15 years | $7,858 |
| 17 years | $10,216 |
| 19 years | $12,574 |
| 21 years | $14,933 |
| 23 years | $17,291 |
| 25 years | $19,649 |
Top Solar Installers in Kingman
Although you can install solar panels by yourself, it involves extra time and know-how. That's one of the reasons most homeowners choose a solar panel installer. A solar installer can also help save you money in the long run by providing warranties, repairs and component replacements.
Working with a vetted solar company can make going solar easier. Here are our recommendations:
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 Kingman
Factors that Affect Solar Panel Costs in Kingman
There are a number of criteria that can influence your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. For that reason, it's crucial to accurately ascertain the size of the solar energy system needed for your home by figuring out your energy needs. The brand of solar panels and equipment you want is another factor that will greatly influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Moreover, solar equipment is more than just the solar panels themselves. You'll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when researching a solar system that's in your budget.
Solar Financing Terms
Solar panels can save you money on utility bills over many years, but they can also be a big investment. That's why many Kingman homeowners choose to finance their solar panel systems to make going solar more affordable. When considering your overall cost, you should also calculate the interest you'll pay if you decide on a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The solar installer you choose will influence your total cost to make the switch to solar . Different companies will charge different amounts for the equipment and labor. You may come across 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 specials 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 | $21,480 | 8.7 years |
| 8 kW | $2.66 | $14,908 | $28,932 | 8.5 years |
| 10 kW | $2.61 | $18,270 | $36,530 | 8.3 years |
| 12 kW | $2.56 | $21,486 | $44,275 | 8.2 years |
| 14 kW | $2.51 | $24,555 | $52,165 | 8.0 years |
| 16 kW | $2.45 | $27,478 | $60,202 | 7.8 years |
| 18 kW | $2.40 | $30,255 | $68,385 | 7.7 years |
| 20 kW | $2.35 | $32,886 | $76,715 | 7.5 years |
How to Save on Solar Panels
There are many companies available in Kingman, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be tough, so here are some tips to help you decide:
- Contract: Even though reading through a contract can be tedious, it's important to do it fully so you can be sure you understand what services your solar company will provide and the terms of the warranty.
- Installation Process: Get details from your solar installer about the installation process and what to expect, such as when the site survey will be done and how long it will take.
- Reputation: Make sure your solar company 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.
- Solar Panel Brands: The kind of solar panel you'd like plays a role in which installer you should opt for, since different companies offer different panels.
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Kingman, AZ Solar Cost FAQs
How much does it cost to install solar panels in Kingman?
The average cost of solar panels in Kingman 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 like the type 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 Kingman?
Leasing solar panels can be an option if you can't afford to pay upfront or secure a solar loan, but since you don't own the system, you don't have access to many solar incentives. Also your home 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 financial benefits from going solar.
Is it worth going solar in Kingman?
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 fairly low, solar panels might not be for you.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption and the average daily sunlight your roof gets. You can 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.