Solar Panel Cost Guide in Sun City West, AZ (2024 Update)
- Sun City West Solar Installation Cost: $10,991
- 25-Year Savings: $26,624
- Payback Period: 7.6 Years
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Average Cost of Solar Panels in Sun City West
Let’s take a look at the average cost of solar panels in Sun City West.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Sun City West, the typical cost of a solar system is 3 per watt.To account for the typical energy needs of the average home in Sun City West, most homeowners require a 5.1-kilowatt system. Using the per-watt figure above, a solar installation costs around $10,991, or $15,717 before the federal solar tax credit of 0 is applied.
Remember that the numbers above are only averages. The price you’ll pay for solar will differ based on your household energy consumption, the type of equipment you want, your solar contractor and more.But, once you've paid the upfront cost of installation, the payback for most homeowners is usually good, with a net average savings of about $27,000 over 20 years on power bills.
To calculate your potential ROI and connect with a local solar installer, click the button below.
Solar savings over time in Sun City West
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 Sun City West
Many homeowners opt for a solar installation company since figuring out how to install solar panels yourself can be a labor-intensive endeavor. Plus, warranties and repairs from your solar panel installer can protect your investment and reduce the cost of maintenance over the lifespan of your panels.
If you’d like to start using solar energy 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 Sun City West
Factors that Affect Solar Panel Costs in Sun City West
For many Sun City West homeowners, the decision to go solar depends on cost. However, the range of solar installation costs can be quite wide in Sun City West, with typical prices between $20,000 to $40,000. There are various factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more power your household consumes, the larger your system will likely need to be. You can expect to pay around $3,070 per kilowatt in Sun City West.The solar equipment you choose can bring your price up or down 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. However, more efficient panels could save you more in the long run on your electric bills. In addition, extra products, like solar batteries, can bring your total well above the Sun City West average.
Solar Financing Terms
If paying for solar panels in cash is out of reach, solar loans are an affordable option because they decrease your upfront costs and allow you to pay for your system over five to seven years on average.Even though solar loans make adopting solar energy more accessible for Sun City West homeowners, they can also add to the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
Finally, the company you hire to install your solar panel system can affect your pricing. Sun City West’s solar companies all have different labor costs and add varying upcharges to equipment. You may see national solar installers that have lower prices because of their larger brand name and access to bulk pricing, 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 | $28,786 | 7.9 years |
8 kW | $3.13 | $17,536 | $38,725 | 7.8 years |
10 kW | $3.07 | $21,490 | $48,836 | 7.6 years |
12 kW | $3.01 | $25,272 | $59,118 | 7.5 years |
14 kW | $2.95 | $28,883 | $69,573 | 7.3 years |
16 kW | $2.89 | $32,321 | $80,200 | 7.2 years |
18 kW | $2.82 | $35,587 | $90,999 | 7.0 years |
20 kW | $2.76 | $38,682 | $101,969 | 6.9 years |
How to Save on Solar Panels
There are numerous companies to choose from in Sun City West, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be difficult, so here are some tips to help you decide:
- Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the completion timeline.
- Contract: When looking over your solar company’s contract, ask questions about any terms you’re not sure of and make sure you understand what happens in scenarios like a system component breaking or if the company goes out of business.
- Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, longevity and efficiency. They will come at different price points as well. The company you choose has an impact on which solar panel brands you have access to.
- Warranty: Warranties that cover defective panels and repairs over a long period of time such as 25 years are the best you can get in the business, and offering that kind of warranty is one indication of a quality company.
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 Sun City West, AZ Solar Cost FAQs
What is the average cost of installing solar panels in Sun City West?
The average cost of solar panels in Sun City West is about $15,350 for a 5-kW system and $30,700 for a 10-kW system before the ITC, but the actual cost will depend on stuff like 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 Sun City West?
Leasing solar panels can be an appealing choice, as it typically 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 tax rebates and credits and your home value won’t increase. Buying solar panels is a better option if you want to get the most savings.
How will having solar panels impact my home value?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Sun City West is currently $422,266, so you could be looking at a value of about $17,313 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Sun City West is a worthwhile investment.
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.