Solar Panel Cost Guide in Show Low, AZ (2024 Update)
- Show Low Solar Installation Cost: $11,908
- 25-Year Savings: $25,851
- Payback Period: 8.3 Years
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Average Cost of Solar Panels in Show Low
Let’s have a look at the average cost of solar in Show Low.
The national average cost of solar panels is $2.66 per watt, but in Show Low it’s 3 per watt.The average Show Low homeowner needs a 5.5-kilowatt system, which would cost about $11,908 with the federal tax credit, or $17,028 before the 0 tax credit is applied.
Keep in mind that the figures above are only estimates based on the average Show Low 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.With average savings of about $25,000 on utility bills over 20 years, many homeowners in Show Low find installing solar panels can be quite rewarding.
Click the button below to get connected to a top solar panel company in your area for a customized quote.
Solar savings over time in Show Low
| Year | Return on Investment |
|---|---|
| 1 years | $-10,243 |
| 3 years | $-6,911 |
| 5 years | $-3,580 |
| 7 years | $-249 |
| 9 years | $3,082 |
| 11 years | $6,413 |
| 13 years | $9,744 |
| 15 years | $13,075 |
| 17 years | $16,406 |
| 19 years | $19,737 |
| 21 years | $23,068 |
| 23 years | $26,399 |
| 25 years | $29,730 |
Top Solar Installers in Show Low
When going solar, many homeowners decide to use a solar installation company since overseeing your solar installation yourself can be a challenging project. Another good thing about choosing a reputable solar installer is that it'll provide warranties and free repairs, which help protect your investment.
You can work with a local solar installer to get a free quote on how much your investment in solar could cost for your home. Here are some nearby:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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
See all of the solar companies in Show Low
Factors that Affect Solar Panel Costs in Show Low
Cost is often one of the most important factors for homeowners who are considering investing in solar. There are a few key factors that will push your cost above or below the average in Show Low: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.
Solar Equipment
One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more power your household uses, the larger your system will likely need to be. You can expect to spend around $3,070 per kilowatt in Show Low.The solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. On the other hand, more efficient panels could save you more over time on your power bills. Additionally, extra products, such as solar batteries, can bring your total well above the Show Low average.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be a challenge. Solar loans are available from most installers in Show Low, which can lower, or in some cases totally eliminate, your upfront costs to make solar more accessible.When considering your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
The final major cost factor you should consider is the installer you choose. Given the massive popularity of sustainable energy solutions in Show Low, you’ll have lots of options to choose from, but each comes at different price points for labor and equipment.The size of the company sometimes plays the most significant role in your costs. Larger national companies, like SunPro and Sunrun, often have lower prices due to more resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount 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 | $3.19 | $13,410 | $25,543 | 8.6 years |
| 8 kW | $3.13 | $17,536 | $34,401 | 8.4 years |
| 10 kW | $3.07 | $21,490 | $43,431 | 8.3 years |
| 12 kW | $3.01 | $25,272 | $52,633 | 8.1 years |
| 14 kW | $2.95 | $28,883 | $62,007 | 7.9 years |
| 16 kW | $2.89 | $32,321 | $71,553 | 7.8 years |
| 18 kW | $2.82 | $35,587 | $81,271 | 7.6 years |
| 20 kW | $2.76 | $38,682 | $91,161 | 7.4 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because picking a company can be difficult, we have some tips to help you, such as:
- Installation Process: Get details from your solar installer about the installation process and what to expect, including when the site survey will be done and what the project timeline is.
- Reputation: Make sure your solar system installer has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like EcoWatch.
- Contract: When looking through your solar installer’s contract, ask for clarification about any terms you’re not sure of and make sure you understand what happens in scenarios like a system part breaking or if the company goes out of business.
- Warranty: Each company may offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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
EcoWatch's Show Low, AZ Solar Cost FAQs
How much does it cost to install solar panels in Show Low?
This is a hard question to answer precisely, because the cost depends on a few different factors. Generally speaking, it costs about $15,350 for a 5-kW system and $30,700 for a 10-kW system after the ITC is applied. It will cost more if you want additional solar equipment or more efficient panels, or if you have above-average energy usage. On the other hand, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
What other factors should I consider aside from cost when buying solar panels?
Cost is certainly one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
How much can I save on energy bills after switching to solar?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners throughout Show Low, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you’ll want to check with a local solar installer to see how many panels can fit on your roof.
How many solar panels should I get to power my home?
To figure out what solar panel system size you need, you should find out how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.
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.