Solar Panel Cost Guide in Winslow, AZ (2023 Update)
- Winslow Solar Installation Cost: $10,122
- 25-Year Savings: $23,483
- Payback Period: 7.5 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 Winslow
Here's how much it might cost to go solar in Winslow.
In Winslow, solar panels cost about 2.61 per watt on average. Since a 5.5-kW system is needed to cover the energy usage of a typical home in Winslow, the average price of going solar will be about $10,122 after claiming the federal solar tax credit of 30%.
The true cost of your system can be above or below the average in Winslow based on several factors, such as the kind of solar panels you choose and the solar contractor you hire. Many homeowners find going solar is a sound investment. The average homeowner in Winslow can save about $23,000 on their energy bills over 20 years.
To receive a free estimate from a vetted solar installation company in Winslow, you can click the button below.
Solar savings over time in Winslow
| Year | Return on Investment |
|---|---|
| 1 years | $-8,777 |
| 3 years | $-6,089 |
| 5 years | $-3,401 |
| 7 years | $-712 |
| 9 years | $1,976 |
| 11 years | $4,664 |
| 13 years | $7,353 |
| 15 years | $10,041 |
| 17 years | $12,729 |
| 19 years | $15,418 |
| 21 years | $18,106 |
| 23 years | $20,795 |
| 25 years | $23,483 |
Top Solar Installers in Winslow
DIY solar panel installation is a way to cut costs, but it's an undertaking that can be a headache. Going with a solar company can make your switch to solar power much easier. Plus, if you're unsure what type of solar panels and equipment you want, a solar expert can help you find the right equipment for you after a site survey and consultation.
If you're looking for a solar company in Winslow, we've put together a list of our top suggestions here:
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 Winslow
Factors that Affect Solar Panel Costs in Winslow
There are many criteria that can determine your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more power your household uses, the larger your system will likely need to be. You can expect to pay about $2,610 per kilowatt in Winslow. The type of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, more efficient panels could save you more over time on your electric bills. In addition, extra products, like solar batteries, can bump up your total well above the Winslow average.
Solar Financing Terms
If paying for solar panels in cash is difficult, solar loans are a popular choice because they cut back your upfront costs and allow you to pay for your system over five to seven years on average. 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 can only 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 securing a solar loan with a low APR could reduce your costs significantly.
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 solar panel system. As with choosing a company to build a deck or pool, for instance, there's no shortage of solar installers that offer a range of services at different price points. Companies that only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It's best to do some research and choose a company that has the products, warranties and services you want and also fits within 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 | $2.71 | $11,400 | $24,986 | 7.8 years |
| 8 kW | $2.66 | $14,908 | $33,607 | 7.7 years |
| 10 kW | $2.61 | $18,270 | $42,374 | 7.5 years |
| 12 kW | $2.56 | $21,486 | $51,287 | 7.4 years |
| 14 kW | $2.51 | $24,555 | $60,347 | 7.2 years |
| 16 kW | $2.45 | $27,478 | $69,552 | 7.1 years |
| 18 kW | $2.40 | $30,255 | $78,904 | 6.9 years |
| 20 kW | $2.35 | $32,886 | $88,402 | 6.8 years |
How to Save on Solar Panels
There are numerous companies to choose from in Winslow, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be difficult, so here are some tips to help you decide:
- Reputation: Your solar installer should have a sound reputation as a company and have demonstrated expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from previous customers.
- Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the project timeline.
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you go with.
- Contract: Even though reading through a contract can be tedious, it's important to do it carefully so you can make sure you understand how much the equipment and services will cost and the terms of the warranty.
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Winslow, AZ Solar Cost FAQs
What is the average cost of installing solar panels in Winslow?
The average cost of solar panels in Winslow 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 such as the kind of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider aside from cost when buying solar panels?
The initial cost is a crucial factor to consider, but whether it's the most important for you depends on your reasons for going solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to think about are the quality and durability of your solar panels.
How will solar panels impact my property value?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Winslow is currently $86,500, which means you can expect a value of about $3,546 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Winslow is a fruitful investment.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can typically 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.