Solar Panel Cost Guide in Somerton, AZ (2024 Update)
- Somerton Solar Installation Cost: $10,983
- 25-Year Savings: $24,782
- Payback Period: 8.0 Years
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Average Cost of Solar Panels in Somerton
We break down average solar pricing in Somerton.
The national average cost of solar panels is $2.66 per watt, but in Somerton it’s 3 per watt.The average Somerton homeowner needs a 5.1-kilowatt system, which would cost about $10,983 with the federal tax credit, or $15,706 before the 0 tax credit is applied.
These figures are only estimates, and the cost of going solar for you will vary based on your specific situation and what company you want to go with.Despite the large upfront cost, the average Somerton homeowner can save around $25,000 on their power bills over 20 years, which is one of the perks of solar.
To receive a free estimate from a top solar installation company in Somerton, you can click the button below.
Solar savings over time in Somerton
| Year | Return on Investment |
|---|---|
| 1 years | $-9,318 |
| 3 years | $-5,987 |
| 5 years | $-2,656 |
| 7 years | $675 |
| 9 years | $4,007 |
| 11 years | $7,338 |
| 13 years | $10,669 |
| 15 years | $14,000 |
| 17 years | $17,331 |
| 19 years | $20,662 |
| 21 years | $23,993 |
| 23 years | $27,324 |
| 25 years | $30,655 |
Top Solar Installers in Somerton
Although it's possible to install solar panels yourself, it involves extra time and expertise. That's one of the reasons most people choose a solar panel installer. Local solar installation companies can also help you maximize your return on investment by walking you through any local incentives you can benefit from and by offering warranties and repairs.
There are a number of licensed solar professionals that can help you install your solar panels. Here are our suggestions:
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 Somerton
Factors that Affect Solar Panel Costs in Somerton
There are many criteria that can influence your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of adopting solar energy 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 pay about $3,070 per kilowatt in Somerton.The type of solar equipment you choose can increase or decrease your cost 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. On the other hand, higher efficiency could save you more over time on your power bills. Additionally, extra products, such as solar batteries, can bring your total well above the Somerton average.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be a challenge. Solar loans are provided by most installers in Somerton, which can lower, or in some cases totally eliminate, your upfront costs to make solar more affordable.You’ll have to consider the long-term cost of financing options, including the total 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 finding a solar loan with a low interest rate could reduce your costs considerably.
Solar Panel Installation Company
The solar panel installer you select will impact your total cost to make the switch to solar . Different companies will charge different amounts for the equipment and labor.The company’s size can sometimes play the most considerable role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have more resources and better 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 down 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 | $26,645 | 8.4 years |
| 8 kW | $3.13 | $17,536 | $35,870 | 8.2 years |
| 10 kW | $3.07 | $21,490 | $45,268 | 8.0 years |
| 12 kW | $3.01 | $25,272 | $54,837 | 7.9 years |
| 14 kW | $2.95 | $28,883 | $64,578 | 7.7 years |
| 16 kW | $2.89 | $32,321 | $74,491 | 7.6 years |
| 18 kW | $2.82 | $35,587 | $84,576 | 7.4 years |
| 20 kW | $2.76 | $38,682 | $94,833 | 7.2 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you find the right company for you, here are some tips to keep in mind:
- Warranty: If you’re concerned about the endurance of your solar system, making sure your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Contract: Before you sign a contract with a solar installer, make sure you read it through completely so you understand the terms. Also, ask questions if you’re not certain about some of the terms, such as what the warranty covers and what services you can expect from them.
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, durability and energy efficiency. They will come at different price points as well. The company you choose plays a role in which solar panel brands you have access to.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to do the job well. Another way you can look into your installer’s reputation is by reading reviews.
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 Somerton, AZ Solar Cost FAQs
What is the average cost of installing solar panels in Somerton?
This is a tough question to answer exactly, because the cost depends on a few different factors. Broadly 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 extra solar equipment or more efficient panels, or if you have higher-than-average energy consumption. Conversely, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
Should I lease or buy solar panels in Somerton?
Leasing solar panels can be an attractive choice, because it commonly comes with low or $0 upfront payments. The downside 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 way to go if you want to maximize your savings.
How much can I save on power bills after installing solar panels?
It is possible to erase your electricity bills with solar panels, but for most homeowners in Somerton, 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.
What solar power system size is right for 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 usually produce about 250 to 400 watt-hours per hour, the average house 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.