Solar Panel Cost Guide in Wickenburg, AZ (2023 Update)
- Wickenburg Solar Installation Cost: $9,500
- 25-Year Savings: $26,468
- Payback Period: 6.6 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated May 04, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in Wickenburg
Let's have a look at the average cost of solar in Wickenburg.
The average cost of a solar panel system in Wickenburg is 2.61 per watt. The average solar panel system size in Wickenburg is around 5.2 kilowatts, meaning a cost of about $9,500 for a solar installation, or $13,585 before the 30% federal solar tax credit is applied.
These figures are only estimates, and the cost of going solar for you will most likely look different based on your specific situation and what company you choose to go with. But, after you've paid the upfront cost of installation, the savings for most homeowners is typically rewarding, with a net average savings of about $26,000 over 20 years on power bills.
Click the button below to get connected to a highly rated solar company in Wickenburg for a customized quote.
Solar savings over time in Wickenburg
| Year | Return on Investment |
|---|---|
| 1 years | $-8,062 |
| 3 years | $-5,184 |
| 5 years | $-2,307 |
| 7 years | $571 |
| 9 years | $3,448 |
| 11 years | $6,326 |
| 13 years | $9,203 |
| 15 years | $12,081 |
| 17 years | $14,958 |
| 19 years | $17,836 |
| 21 years | $20,713 |
| 23 years | $23,591 |
| 25 years | $26,468 |
Top Solar Installers in Wickenburg
Although you can install solar panels on your own, it requires extra energy and expertise. Because of that, almost all homeowners choose a solar panel installer. Also, if you'd like to maximize your investment in solar energy, opting for a solar installer can help with that too. Different providers can offer repairs, expertise on installation and sometimes even information on local incentives, rebates and net metering programs.
Working with a vetted solar installer can help you make the most of your investment in solar. Here are our recommendations:
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 Wickenburg
Factors that Affect Solar Panel Costs in Wickenburg
Cost is often one of the most important factors for homeowners considering investing in solar. There are a few primary factors that will push your cost above or below the average in Wickenburg: solar equipment and system size, financing options and the solar installation company you choose. We'll go over each of these briefly below.
Solar Equipment
The size of the solar energy 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, your total will most likely increase by nearly $2,610. Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Wickenburg, where sunlight is abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Solar panels can save you money on power bills over many years, but they can also be a big investment. That's why many Wickenburg homeowners opt to finance their solar panel systems to make going solar more affordable. You'll have to consider the long-term cost of financing options, 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 above the equipment and labor cost. Making a larger down payment or securing a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
A final factor to keep in mind when trying to evaluate the cost of solar for your home or business in Wickenburg is the company you choose to install your solar panel system. As with choosing a company to build a deck or pool, for example, you'll have many options for solar installers that provide a range of services at different price points. Larger national companies generally have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or extra 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 | $30,099 | 6.9 years |
| 8 kW | $2.66 | $14,908 | $40,424 | 6.7 years |
| 10 kW | $2.61 | $18,270 | $50,895 | 6.6 years |
| 12 kW | $2.56 | $21,486 | $61,513 | 6.5 years |
| 14 kW | $2.51 | $24,555 | $72,276 | 6.3 years |
| 16 kW | $2.45 | $27,478 | $83,186 | 6.2 years |
| 18 kW | $2.40 | $30,255 | $94,242 | 6.1 years |
| 20 kW | $2.35 | $32,886 | $105,445 | 5.9 years |
How to Save on Solar Panels
Since the model of solar panels and the company you choose has an impact on your costs and your system's durability and efficiency, it's important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Reputation: Companies that have been operating for many years likely have a high reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
- Warranty: A comprehensive, long-term warranty can help keep your solar panels running smoothly and save you money on part replacement and repairs.
- Solar Panel Brands: Not all solar companies have the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you hire.
- Contract: Review the contract terms closely to make sure you understand how much it will cost, project timeline rebates and warranties.
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Wickenburg, AZ Solar Cost FAQs
What is the average cost of installing solar panels in Wickenburg?
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 usage. Conversely, 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 Wickenburg?
Leasing solar panels can be an appealing choice, as it often 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 tax rebates and credits and your home value won't increase. Buying solar panels is a better option if you want to get the most savings.
Can you sell solar power back to the grid in Wickenburg?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future power bills.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption and how much 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 buy 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.