Solar Panel Cost Guide in Winslow, AZ (2024 Update)
- Winslow Solar Installation Cost: $11,908
- 25-Year Savings: $23,481
- Payback Period: 8.9 Years
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Average Cost of Solar Panels in Winslow
We go over average solar pricing in Winslow.
While the national average of solar panels is $2.66 per watt, solar panels in Winslow generally cost about 3.The average Winslow homeowner needs a 5.5-kilowatt system, which would cost about $11,908 with the federal tax credit, or $17,028 before the 0 tax credit is applied.
Bear in mind that the figures above are only estimates based on the average Winslow homeowner. The cost of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor.With typical savings of about $23,000 on utility bills over 20 years, many homeowners in Winslow find going solar can pay off big.
You can click the button below to get connected with a top solar installer in Winslow that can help you get a more accurate cost estimate for your home.
Solar savings over time in Winslow
Year | Return on Investment |
---|---|
1 years | $-10,243 |
3 years | $-6,911 |
5 years | $-3,580 |
7 years | $-249 |
9 years | $3,082 |
11 years | $6,413 |
13 years | $9,744 |
15 years | $13,075 |
17 years | $16,406 |
19 years | $19,737 |
21 years | $23,068 |
23 years | $26,399 |
25 years | $29,730 |
Top Solar Installers in Winslow
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can use up a lot of your time and energy. Using an installer can make your switch to solar power much easier. Solar warranties and repairs are typically included in the cost of installation when you go with a solar contractor too, which can save you more money after your upfront investment.
You can work with a local solar installer to get a free estimate on how much your investment in solar could cost for your home. Here are some in Winslow:
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Winslow
Factors that Affect Solar Panel Costs in Winslow
Although the average cost of a solar system in Winslow is $11,908, your actual cost may differ. There are quite a few factors that can have a sizable impact on the cost of a solar system installation. Below are some of the more important things to consider.
Solar Equipment
The size of the solar panel 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 nearly $3,070. The brand and kind of equipment you get for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want add-ons like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Solar panels can save you money on utility bills over many years, but they can also be a significant investment. That’s why many Winslow homeowners opt to finance their solar panel systems to offset upfront costs.Although solar loans make adopting solar energy more accessible for Winslow homeowners, they can also raise the total you pay for your system due to interest. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The solar panel installer you choose will play a role in your total cost to make the switch to solar energy. Different companies will charge different amounts for the equipment and labor.Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It’s best to do some research and choose a company that provides the products, warranties and services you want and also fit into your budget.
Solar Panel Cost Data by System Size
System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
---|---|---|---|---|
6 kW | $3.19 | $13,410 | $22,977 | 9.2 years |
8 kW | $3.13 | $17,536 | $30,979 | 9.0 years |
10 kW | $3.07 | $21,490 | $39,154 | 8.9 years |
12 kW | $3.01 | $25,272 | $47,501 | 8.7 years |
14 kW | $2.95 | $28,883 | $56,019 | 8.5 years |
16 kW | $2.89 | $32,321 | $64,709 | 8.3 years |
18 kW | $2.82 | $35,587 | $73,572 | 8.2 years |
20 kW | $2.76 | $38,682 | $82,606 | 8.0 years |
How to Save on Solar Panels
The solar company you go with will impact not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should keep in mind, such as:
- Contract: It’s important to read your solar installer’s contract closely to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system’s energy production.
- Warranty: If you care about the longevity of your solar panel system, ensuring your company offers a 25-year, all-inclusive warranty can help put you at ease.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and how much efficiency they need. Although there are many options for which kind of solar panel you can get, not every company will have the exact one you may want or need, so be sure to ask for their list of options before making your decision.
- Installation Process: Make sure you’re on the same page with the installer regarding how the installation process will go and what you need to do before your solar system is installed, such as updating or replacing your electrical system or roof.
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Winslow, AZ Solar Cost FAQs
How much does it cost to install solar panels in Winslow?
The average cost of solar panels in Winslow is about $15,350 for a 5-kW system and $30,700 for a 10-kW system before the ITC, but the real cost will depend on stuff such as the kind of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Winslow?
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 incentives and your home value won’t increase. Buying solar panels is a better way to go if you want to maximize your savings.
Is making the switch to solar worth it?
Solar panels can be a beneficial investment for a majority of homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your energy bills are already reasonably low, solar panels might not be for you.
How long do solar panels last in Winslow?
On average, solar panels can last 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 larger 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.