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.To account for the typical energy needs of the average home in Winslow, most homeowners require a 5.5-kilowatt system. Using the per-watt figure above, a solar installation costs around $11,908, or $17,028 before the federal solar tax credit of 0 is applied.
The prices above are just estimates to give you an idea of how much a solar energy system could cost. The actual cost of going solar can vary quite a bit based on multiple factors, such as what size system you need, your energy usage and what installation company you go with.But, once you've paid the initial cost of installation, the savings for most homeowners is quite fruitful, with a net average savings of about $23,000 over 20 years on utility bills.
To see your potential ROI and connect with a local solar company, click the button below.
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
When making the switch to solar, many homeowners decide to hire a solar installation company since overseeing your solar installation yourself can be a challenging project. Plus, warranties and repairs from your solar panel installer can protect your investment and bring down the cost of maintenance in the long run.
There are various licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
See all of the solar companies in Winslow
Factors that Affect Solar Panel Costs in Winslow
For many Winslow homeowners, the decision to install a solar energy system rests on cost. However, the range of solar installation costs can be quite wide in Winslow, with typical prices between $20,000 to $40,000. There are several factors that considerably influence the price you’ll pay, which we'll go over below.
Solar Equipment
One of the most important factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more energy your household consumes, the larger your system will likely need to be. You can expect to spend around $3,070 per kilowatt in Winslow.The brand and kind of equipment you want for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often have a higher price tag 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 will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want additional equipment 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 time, but they can also be a significant investment. That’s why many Winslow homeowners decide to finance their solar panel systems to offset upfront costs.Although solar loans make going solar more accessible for Winslow homeowners, they can also add to the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
A final consideration when trying to estimate the cost of solar for your home or business in Winslow is the company you choose to install your PV system. As with choosing a company to build a deck or pool, for instance, you’ll have many options for solar installers that offer a range of services for different budgets.The company’s size can sometimes play the most considerable role in the cost. Larger national companies, like SunPro and Sunrun, often have lower prices due to more resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower to compete with bigger companies.
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
Since the type of solar panels and the company you choose has an impact on your costs and your system’s efficiency, production, and durability, it’s important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Contract: Look through the contract terms carefully to make sure you understand the total cost, project timeline rebates and warranties.
- Warranty: Warranties that provide coverage for defective panels and repairs over around 25 years are the gold standard in the business, and offering that kind of warranty is one sign of a quality company.
- Solar Panel Brands: The model of solar panel you need plays a part in which installer you should opt for, since different companies have different panels.
- Installation Process: Get details from your solar installer about the installation process and what to expect, such as when the site survey will be completed and how long it will take.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
EcoWatch's Winslow, AZ Solar Cost FAQs
What is the average cost of installing solar panels in Winslow?
This is a difficult question to answer precisely, because the cost depends on many factors. Generally speaking, it costs about $15,350 for a 5-kW system and $30,700 for a 10-kW system after the ITC is applied. It will cost more if you want other solar equipment or more efficient panels, or if you have higher-than-average energy consumption. On the flip side, you can spend less if you go with a smaller solar panel system or less efficient solar panels.
Is it better to lease or buy solar panels in Winslow?
Leasing solar panels can be an option if you are unable to pay upfront or get a solar loan, but since you don’t own the system, you can’t take advantage of many solar incentives. Also your property value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most bang for your buck from going solar.
Is going solar worth it?
Solar panels can be a great 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 energy bills are already pretty low, solar panels might not be for you.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is 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 higher amount 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.