Solar Panel Cost Guide in Tolleson, AZ (2023 Update)
- Tolleson Solar Installation Cost: $9,336
- 25-Year Savings: $24,007
- Payback Period: 7.0 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Tolleson
We break down average solar pricing in Tolleson.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Tolleson, the typical cost of solar panels is 2.61 per watt. To account for the typical energy needs of the average home in Tolleson, most homeowners require a 5.1-kilowatt system. Using the figure above, a solar installation costs around $9,336, or $13,350 before the federal solar tax credit of 30% is applied.
The prices above are just estimates to give you an idea of how much a solar panel system could cost. The exact cost of installing solar panels can vary depending on several factors, such as what size system you need, your energy usage and what installation company you go with. With average savings of about $25,000 on energy bills over 20 years, many homeowners in Tolleson find installing solar panels can pay off big.
You can click the button below to get connected with a top solar installer in Tolleson for a quote for your home.
Solar savings over time in Tolleson
| Year | Return on Investment |
|---|---|
| 1 years | $-8,002 |
| 3 years | $-5,335 |
| 5 years | $-2,667 |
| 7 years | $0 |
| 9 years | $2,667 |
| 11 years | $5,335 |
| 13 years | $8,002 |
| 15 years | $10,670 |
| 17 years | $13,337 |
| 19 years | $16,005 |
| 21 years | $18,672 |
| 23 years | $21,339 |
| 25 years | $24,007 |
Top Solar Installers in Tolleson
Many homeowners opt for a solar installation company since trying to put up solar panels by yourself can be a labor-intensive endeavor. A solar company can also help save you money over time by providing warranties, repairs and part replacements.
If you'd like to go solar but still aren't certain which solar system installer to go with, here are our recommendations for providers near you:
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
See all of the solar companies in Tolleson
Factors that Affect Solar Panel Costs in Tolleson
Cost is usually one of the most important factors for homeowners considering investing in solar. There are a few key factors that determine your overall cost in Tolleson: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. Because of that, it's a priority to accurately gauge the size of the solar energy system needed for your home by figuring out your energy needs. The brand and type of equipment you choose for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have a small roof or just want maximum energy production, you will be looking at 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 increase the cost.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be financially overwhelming. Solar loans are provided by most installers in Tolleson, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more accessible. You'll have to consider the long-term cost of financing options, including the amount of interest you'll pay over the length of the loan. If you're only able to 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 getting a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
Lastly, the company you hire to install your solar system can affect your pricing. Tolleson's solar companies all have different labor costs and add varying upcharges to equipment. The size of the company can sometimes play the most considerable role in the cost. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have access 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 promotion can bring their pricing down to compete with bigger companies.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $2.71 | $11,400 | $27,714 | 7.3 years |
| 8 kW | $2.66 | $14,908 | $37,244 | 7.1 years |
| 10 kW | $2.61 | $18,270 | $46,921 | 7.0 years |
| 12 kW | $2.56 | $21,486 | $56,744 | 6.9 years |
| 14 kW | $2.51 | $24,555 | $66,713 | 6.7 years |
| 16 kW | $2.45 | $27,478 | $76,828 | 6.6 years |
| 18 kW | $2.40 | $30,255 | $87,089 | 6.4 years |
| 20 kW | $2.35 | $32,886 | $97,496 | 6.3 years |
How to Save on Solar Panels
There are numerous companies available in Tolleson, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be tough, so here are some tips to help you decide:
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, durability and energy 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.
- Contract: Though reading through a contract can be tedious, it's important to do it fully so you can be sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Installation Process: Homeowners should make sure they know how exactly the installation process will go, as well as important factors like the completion timeline.
- Warranty: Each company may offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Tolleson, AZ Solar Cost FAQs
How much does it cost to install solar panels in Tolleson?
The average cost of solar panels in Tolleson is about $13,050 for a 5-kW system and $26,100 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.
Is it better to lease or buy solar panels in Tolleson?
Leasing solar panels can be an option if you can't afford to pay upfront or secure a solar loan, but since you don't own the system, you don't have access to many solar incentives. Also your property value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most bang for your buck from going solar.
Is switching to solar power worth it?
Solar panels can be a great investment for lots of homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your power bills are already reasonably low, solar panels might not be for you.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is 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 higher level 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.