Solar Panel Cost Guide in Paradise Valley, AZ (2025 Update)
- Paradise Valley Solar Installation Cost: $10,991
- 25-Year Savings: $23,998
- Payback Period: 8.2 Years
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Average Cost of Solar Panels in Paradise Valley
Let’s have a look at the average cost of solar in Paradise Valley.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Paradise Valley, the typical cost of solar panels is 3 per watt.Because a 5.1-kW system is needed to cover the energy consumption of a typical home in Paradise Valley, the average price of going solar will be about $10,991 after claiming the federal solar tax credit of 0.
Keep in mind that the numbers above are only averages. The price you’ll pay for solar will differ based on your household energy needs, the type of solar system you choose, your solar contractor and more.Even with the significant initial cost, the average Paradise Valley homeowner can save about $25,000 on their power bills over 20 years, which is one of the perks of solar.
To see your potential ROI and connect with a local solar expert, click the button below.
Solar savings over time in Paradise Valley
Year | Return on Investment |
---|---|
1 years | $-9,326 |
3 years | $-5,995 |
5 years | $-2,664 |
7 years | $668 |
9 years | $3,999 |
11 years | $7,330 |
13 years | $10,661 |
15 years | $13,992 |
17 years | $17,323 |
19 years | $20,654 |
21 years | $23,985 |
23 years | $27,316 |
25 years | $30,647 |
Top Solar Installers in Paradise Valley
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can use up a lot of your time and energy. Using a solar company can make your switch to solar power much easier. Another perk of working with a solar installer is that they can help you maximize your investment by bringing down your future costs of repairs and replacements due to warranties and informing you of local incentives you can take advantage of.
If you’d like to make the switch to solar but still aren’t certain which solar system company to go with, here are our suggestions for providers nearby:
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
See all of the solar companies in Paradise Valley
Factors that Affect Solar Panel Costs in Paradise Valley
The cost of installing a solar system in Paradise Valley can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The largest 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
The size of the solar panel 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, you can expect your total to increase by nearly $3,070. The type of solar panels and equipment you get is another factor that will considerably affect 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 make decisions 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 looking into a solar system that’s in your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Paradise Valley to be prohibitively steep, even if the investment pays off over time. Fortunately, almost every solar company in the area provides access to financing options. Solar loans drastically decrease upfront costs for most homeowners, but they also result in higher prices over time due to interest.However, the interest on solar loans also increases your all-in costs, so it’s vital to take that into consideration 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
The solar panel installation company you choose will affect your total cost to make the switch to solar energy. Different companies will bill different amounts for the equipment and labor.You may come across national solar installers that have lower prices due to their larger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or promotions to compete with those major players.
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 | $25,705 | 8.6 years |
8 kW | $3.13 | $17,536 | $34,617 | 8.4 years |
10 kW | $3.07 | $21,490 | $43,701 | 8.2 years |
12 kW | $3.01 | $25,272 | $52,957 | 8.1 years |
14 kW | $2.95 | $28,883 | $62,385 | 7.9 years |
16 kW | $2.89 | $32,321 | $71,985 | 7.7 years |
18 kW | $2.82 | $35,587 | $81,756 | 7.6 years |
20 kW | $2.76 | $38,682 | $91,700 | 7.4 years |
How to Save on Solar Panels
Since the brand of solar panels and the installer you choose greatly affects your costs and your system’s efficiency, production, and durability, it’s important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Warranty: If you’re concerned about the endurance of your solar panels, ensuring your company offers a 25-year, all-inclusive warranty can help put you at ease.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to install your solar system. Another way you can look into your installer’s reputation is by reading reviews.
- Installation Process: Make sure you’re on the same page with the installer in regard to how the installation process will go and what you need to do before your solar panel system is installed, such as repairing your electrical system or roof.
- Contract: It’s important to read through your solar installer’s contract fully to understand what services they will provide, what the warranty covers and what you can expect about the project timeline.
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's Paradise Valley, AZ Solar Cost FAQs
What is the average cost of installing solar panels in Paradise Valley?
The average cost of solar panels in Paradise Valley is about $15,350 for a 5-kW system and $30,700 for a 10-kW system before the ITC, but the real cost will depend on certain factors like the kind of solar panels you want, what size system you need and how much energy you use.
Is cost the most important consideration when buying solar panels?
Cost is without a doubt one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Is it worth going solar in Paradise Valley?
Whether or not solar panels are worth it depends on a variety of factors like how much you pay for electricity and the amount of direct sunlight your roof gets.
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount 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.