Solar Panel Cost Guide in Village of Oak Creek, AZ (2023 Update)
- Village of Oak Creek Solar Installation Cost: $9,663
- 25-Year Savings: $26,306
- Payback Period: 6.7 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Village of Oak Creek
Find out what the average cost of installing solar panels is in Village of Oak Creek.
In Village of Oak Creek, solar panels cost about 2.61 per watt on average. Since a 5.3-kW system is needed to cover the energy consumption of a typical home in Village of Oak Creek, the average price of going solar will be about $9,665 after claiming the federal solar tax credit of 30%.
The true price you pay can go higher or lower than the average in Village of Oak Creek depending on a few factors, such as the type of solar panels you choose and the solar installer you hire. With typical savings of about $26,000 on power bills over 20 years, many homeowners in Village of Oak Creek find installing solar panels has a decent ROI.
Click the button below to get connected to a highly rated solar installer in Village of Oak Creek for a customized estimate.
Solar savings over time in Village of Oak Creek
| Year | Return on Investment |
|---|---|
| 1 years | $-9,543 |
| 3 years | $-9,303 |
| 5 years | $-9,064 |
| 7 years | $-8,824 |
| 9 years | $-8,584 |
| 11 years | $-8,344 |
| 13 years | $-8,104 |
| 15 years | $-7,865 |
| 17 years | $-7,625 |
| 19 years | $-7,385 |
| 21 years | $-7,145 |
| 23 years | $-6,905 |
| 25 years | $-6,666 |
Top Solar Installers in Village of Oak Creek
Many homeowners decide to use a solar panel company since trying to install solar panels by yourself can be a lot of work. Plus, if you're not certain what kind of solar panels and equipment you want, a solar expert can help you figure that out after a site survey and consultation.
You can get a free estimate from a local solar installer on the cost of solar panels for your home. Here are some in Village of Oak Creek:
See all of the solar companies in Village of Oak Creek
Factors that Affect Solar Panel Costs in Village of Oak Creek
Cost is often one of the most important factors for homeowners wanting to invest in solar. There are a few key factors that determine your overall cost in Village of Oak Creek: 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 energy system you need to offset your energy usage, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $2,610. Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Village of Oak Creek, where sunlight is abundant, efficiency can quickly pay off. Also, if you have a small roof or you don't have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Solar panels can save you money on energy bills over time, but they can also be a big investment. That's why many Village of Oak Creek homeowners choose to finance their solar panel systems to offset upfront costs. It's wise to include the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it'll take to pay off the loan.
Solar Panel Installation Company
The solar company you opt for to handle your switch to renewable energy can play a part in your total costs. There are about 3 solar installation companies operating in Village of Oak Creek, and each can charge varying amounts for labor and equipment. Larger national companies typically have lower costs, but some local companies compete with them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or additional services like electric car 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 | $29,403 | 7.0 years |
| 8 kW | $2.66 | $14,908 | $39,496 | 6.9 years |
| 10 kW | $2.61 | $18,270 | $49,735 | 6.7 years |
| 12 kW | $2.56 | $21,486 | $60,120 | 6.6 years |
| 14 kW | $2.51 | $24,555 | $70,652 | 6.4 years |
| 16 kW | $2.45 | $27,478 | $81,330 | 6.3 years |
| 18 kW | $2.40 | $30,255 | $92,154 | 6.2 years |
| 20 kW | $2.35 | $32,886 | $103,124 | 6.0 years |
How to Save on Solar Panels
The solar company you choose will affect not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should take into account, including:
- Reputation: Well-established companies likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar panel system running smoothly and save you money on repairs and maintenance.
- Contract: Although reading through a contract can take a lot of time, it's important to do it thoroughly so you can be sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Solar Panel Brands: Not all solar installers offer the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you hire.
EcoWatch's Village of Oak Creek, AZ Solar Cost FAQs
How much does it cost to install solar panels in Village of Oak Creek?
The average cost of solar panels in Village of Oak Creek 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 certain factors like the kind of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Village of Oak Creek?
A solar panel system isn't free in Village of Oak Creek, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Is it worth going solar in Village of Oak Creek?
Solar panels can be a fruitful investment for a majority 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?
Even though 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 replace them once you've had them for that long or you can keep using 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.