Solar Panel Cost Guide in Valencia West, AZ (2023 Update)
- Valencia West Solar Installation Cost: $9,336
- 25-Year Savings: $25,433
- Payback Period: 6.7 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Valencia West
We go over average solar pricing in Valencia West.
Although the national average of solar panels is $2.66 per watt, solar panels in Valencia West generally cost about 2.61. To cover the typical energy needs of the average home in Valencia West, most homeowners require a 5.1-kilowatt system. Using the per-watt figure above, a solar installation costs around $9,336, or $13,350 before the federal solar tax credit of 30% is applied.
Bear in mind that the figures above are only estimates based on the average Valencia West homeowner. The cost 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 $26,000 on power bills over 20 years, many homeowners in Valencia West find investing in solar can be quite rewarding.
You can click the button below to get connected with a pre-vetted solar company in Valencia West for a quote for your home.
Solar savings over time in Valencia West
| Year | Return on Investment |
|---|---|
| 1 years | $-7,945 |
| 3 years | $-5,164 |
| 5 years | $-2,382 |
| 7 years | $399 |
| 9 years | $3,181 |
| 11 years | $5,962 |
| 13 years | $8,744 |
| 15 years | $11,525 |
| 17 years | $14,307 |
| 19 years | $17,088 |
| 21 years | $19,870 |
| 23 years | $22,651 |
| 25 years | $25,433 |
Top Solar Installers in Valencia West
When switching to solar energy, many homeowners prefer to use a solar company since installing a solar system yourself can be a difficult project. Local solar installers can also help you maximize your return on investment by assisting with any local incentives you can take advantage of and by offering warranties and repairs.
If you'd like to go solar but still aren't sure which solar panel installer to go with, here are our suggestions for providers in Valencia West:
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 Valencia West
Factors that Affect Solar Panel Costs in Valencia West
Cost is often one of the most important factors for homeowners considering investing in solar. There are a few primary factors that determine your overall cost in Valencia West: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
Solar Equipment
The size of the solar system you need for your household, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $2,610. There are a lot of different solar panel brands and the one you choose also changes the cost. Generally, the brands that are more efficient tend to also be more expensive. Plus, the type of equipment you choose can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar companies in Valencia West provide solar loans, which reduce the initial cost of installing solar. However, the interest on solar loans also increases your overall costs, so it's vital to consider that as well. You can always reduce the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
The remaining key cost factor you should take into consideration is the installer you choose. Given the massive popularity of renewable energy solutions in Valencia West, you'll have lots of options to choose from, but each comes at varying price points for labor and equipment. Larger national companies usually have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have 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 | $2.71 | $11,400 | $29,449 | 7.0 years |
| 8 kW | $2.66 | $14,908 | $39,558 | 6.8 years |
| 10 kW | $2.61 | $18,270 | $49,813 | 6.7 years |
| 12 kW | $2.56 | $21,486 | $60,214 | 6.6 years |
| 14 kW | $2.51 | $24,555 | $70,762 | 6.4 years |
| 16 kW | $2.45 | $27,478 | $81,455 | 6.3 years |
| 18 kW | $2.40 | $30,255 | $92,295 | 6.2 years |
| 20 kW | $2.35 | $32,886 | $103,280 | 6.0 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 a challenge, we have some tips to help you, such as:
- Reputation: Make sure your solar company has a good reputation by confirming it has certifications and licenses, checking its number of years in business and reading reviews by previous customers and solar experts like the EcoWatch team.
- Warranty: A quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, longevity and energy efficiency. They will come at different prices as well. The company you choose has an impact on which solar panel brands you have access to.
- Contract: Read the contract terms carefully to make sure you understand the cost breakdown, completion timeline incentives and warranties.
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Valencia West, AZ Solar Cost FAQs
How much does it cost to install solar panels in Valencia West?
This is a difficult question to answer exactly, because the cost depends on many factors. Broadly speaking, it costs about $13,050 for a 5-kW system and $26,100 for a 10-kW system after the ITC is applied. It will be more expensive if you want extra solar equipment or more efficient panels, or if you have above-average energy consumption. On the other hand, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
Is it better to lease or buy solar panels in Valencia West?
Leasing solar panels can be an appealing choice, because it typically comes with low or $0 upfront payments. The drawback 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 option if you want to maximize your savings.
How will solar panels impact my home value?
Solar panels can increase your home value significantly as long as you buy or finance your panels and don't go for 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."
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy usage and the amount of sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to get between 20 and 35 panels to cover their typical energy usage.
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.