Solar Panel Cost Guide in Whiteriver, AZ (2023 Update)
- Whiteriver Solar Installation Cost: $10,124
- 25-Year Savings: $25,857
- Payback Period: 7.0 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Whiteriver
We go over average solar pricing in Whiteriver.
In Whiteriver, solar panels cost about 2.61 per watt on average. Because a 5.5-kW system is needed to cover the energy consumption of a typical home in Whiteriver, the average price of going solar will be about $10,122 after claiming the federal solar tax credit of 30%.
These figures are only estimates, and your own solar costs will most likely look different based on the amount of energy your home requires and what company you go with. For many homeowners, the upfront investment in solar panels is worth paying. On average you could be looking at about $25,000 in savings on energy bills over 20 years.
Click the button below to get connected to a vetted solar company in Whiteriver for a customized estimate.
Solar savings over time in Whiteriver
| Year | Return on Investment |
|---|---|
| 1 years | $-8,478 |
| 3 years | $-5,185 |
| 5 years | $-1,892 |
| 7 years | $1,400 |
| 9 years | $4,693 |
| 11 years | $7,985 |
| 13 years | $11,278 |
| 15 years | $14,570 |
| 17 years | $17,863 |
| 19 years | $21,156 |
| 21 years | $24,448 |
| 23 years | $27,741 |
| 25 years | $31,033 |
Top Solar Installers in Whiteriver
Although you can install solar panels yourself, it takes extra energy and expertise. Because of that, almost all homeowners choose a solar panel installer. The expertise that solar installers provide can be helpful as well, especially if you don't quite know what type of solar equipment you need.
Working with a vetted solar installer can help your solar project go smoothly. Here are our recommendations:
See all of the solar companies in Whiteriver
Factors that Affect Solar Panel Costs in Whiteriver
While the average cost of a solar system in Whiteriver is $10,122, your final cost may be higher or lower than that. There are many factors that can have a significant impact on the cost of a residential solar panel installation. Below are some of the more crucial things to take into consideration.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. For that reason, it's crucial to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs. Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Whiteriver, where sunlight is abundant, efficiency can quickly pay off. In addition, 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
Most solar companies in Whiteriver have solar loans, which reduce your upfront costs of installing a solar system. You'll have to consider the long-term cost of loans, including the total 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 original cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs remarkably.
Solar Panel Installation Company
Lastly, the company you choose to install your solar panel system can impact the cost. Whiteriver's solar companies all have different labor costs and add varying upcharges to equipment. You may notice national solar installers that have lower prices due to 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 | $2.71 | $11,400 | $27,559 | 7.3 years |
| 8 kW | $2.66 | $14,908 | $37,037 | 7.2 years |
| 10 kW | $2.61 | $18,270 | $46,662 | 7.0 years |
| 12 kW | $2.56 | $21,486 | $56,433 | 6.9 years |
| 14 kW | $2.51 | $24,555 | $66,349 | 6.8 years |
| 16 kW | $2.45 | $27,478 | $76,413 | 6.6 years |
| 18 kW | $2.40 | $30,255 | $86,622 | 6.5 years |
| 20 kW | $2.35 | $32,886 | $96,977 | 6.3 years |
How to Save on Solar Panels
The company that does your solar 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 difficult, we have some tips to help you, such as:
- Contract: When reading through your solar installer's contract, ask questions about any terms you're not sure of and make sure you understand what happens in scenarios like a system part breaking or the company going out of business.
- Reputation: Make sure your solar panel installer has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like the EcoWatch team.
- Installation Process: Make sure you're on the same page with the installer with regard to how the installation process will go and what needs to be done before your solar panels are installed, such as repairing your electrical system or roof.
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, longevity and efficiency. They will come at different price points as well. The company you choose affects which solar panel brands you have access to.
EcoWatch's Whiteriver, AZ Solar Cost FAQs
How much does it cost to install solar panels in Whiteriver?
The average cost of solar panels in Whiteriver 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 stuff like the type of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Whiteriver?
A solar panel system isn't free in Whiteriver, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Does Whiteriver have a net metering program?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just give you credit toward your future power bills.
How many solar panels should I get to power my home?
To figure out what solar panel system size you need, you should find out how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average house will need 20 to 35 panels.
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.