Solar Panel Cost Guide in Taylor, AZ (2024 Update)
- Taylor Solar Installation Cost: $11,908
- 25-Year Savings: $25,850
- Payback Period: 8.3 Years
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Average Cost of Solar Panels in Taylor
Let’s take a look at the average cost of solar panels in Taylor.
While the national average of solar panels is $2.66 per watt, solar panels in Taylor generally cost about 3.Using this figure, a typical 5.5-kW system would cost about $11,908 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The true cost of making the switch to solar can vary quite a bit based on several factors, such as how many panels you need, your energy consumption and what installation company you go with.Many homeowners find installing a solar panel system is a solid investment. The average homeowner in Taylor can save around $25,000 on their electricity bills over 20 years.
You can click the button below to get connected with a top solar installer in Taylor for a quote for your home.
Solar savings over time in Taylor
| 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 Taylor
Although it's possible to install solar panels yourself, it requires extra labor and knowledge. Because of that, most people choose to hire a solar panel installer. Companies can also offer access to quality options of the best solar panels and help you decide which one will be right for your home.
If you’d like to start using solar energy but still aren’t certain which solar company to go with, here are our suggestions for providers in Taylor:
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 Taylor
Factors that Affect Solar Panel Costs in Taylor
While the average cost of a solar system in Taylor is $11,908, your actual cost may differ. There are several factors that can have a sizable impact on the cost of a residential solar panel installation. Below are some of the more crucial things to take into consideration.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems that have higher efficiency or power production require better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,070.The brand and type of equipment you get for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Also, if you want extra equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be difficult. Solar loans are provided by most installers in Taylor, which can lower, or in some cases eliminate, your upfront costs to make solar more accessible.However, the interest on solar loans also increases your all-in costs, so it’s important to keep that in mind as well. You can always lower the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
The remaining significant cost factor you should keep in mind is the installer you choose. Given the massive popularity of clean energy solutions in Taylor, you’ll have a great number of options to choose from, but each comes at varying price points for labor and equipment.Larger national companies typically have lower costs, but some local companies keep up with them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or add-on services like electric vehicle charger installation, they might be cheaper overall.
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 | $25,542 | 8.6 years |
| 8 kW | $3.13 | $17,536 | $34,400 | 8.4 years |
| 10 kW | $3.07 | $21,490 | $43,429 | 8.3 years |
| 12 kW | $3.01 | $25,272 | $52,631 | 8.1 years |
| 14 kW | $2.95 | $28,883 | $62,004 | 7.9 years |
| 16 kW | $2.89 | $32,321 | $71,550 | 7.8 years |
| 18 kW | $2.82 | $35,587 | $81,267 | 7.6 years |
| 20 kW | $2.76 | $38,682 | $91,156 | 7.4 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since selecting a company can be a tough decision, we have some tips to help you, such as:
- Contract: Before signing a contract with a solar installer, be sure to read it through fully so you understand the terms. Also, ask questions if you’re not sure about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
- 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 what the project timeline is.
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years most likely offer high-quality solar panel installation and expertise.
- Warranty: An all-inclusive, long-term warranty can help keep your solar system running for a long time and save you money on part replacement and repairs.
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 Taylor, AZ Solar Cost FAQs
What is the average cost of installing solar panels in Taylor?
The average cost of solar panels in Taylor 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 things like the kind of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Taylor?
You can’t get solar panels for free in Taylor. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d rather own your solar panels, you can finance them with a solar loan.
Do solar panels increase your property value?
Solar panels can increase the value of your home considerably as long as you buy or finance your panels and don’t choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."
How often do you have to replace solar panels?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is how much energy they produce will have decreased significantly after that point. You can decide to replace them after having them for that long or you can continue to use them at a lower efficiency.
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.