Solar Panel Cost Guide in Youngtown, AZ (2024 Update)
- Youngtown Solar Installation Cost: $10,991
- 25-Year Savings: $26,624
- Payback Period: 7.6 Years
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Average Cost of Solar Panels in Youngtown
Find out how much it might cost to go solar in Youngtown.
The national average cost of solar panels is $2.66 per watt, but in Youngtown it’s 3 per watt.The average Youngtown homeowner needs a 5.1-kilowatt system, which would cost about $10,991 with the federal tax credit, or $15,717 before the 0 tax credit is applied.
These figures are only estimates, and how much solar costs for you may vary based on the amount of energy your home requires and what company you choose to go with.For many homeowners, the upfront cost of solar is worth paying. On average you could be looking at about $27,000 in savings on energy bills over 20 years.
To receive a free estimate from a pre-vetted solar installer in Youngtown, you can click the button below.
Solar savings over time in Youngtown
| Year | Return on Investment |
|---|---|
| 1 years | $-9,326 |
| 3 years | $-5,995 |
| 5 years | $-2,664 |
| 7 years | $668 |
| 9 years | $3,999 |
| 11 years | $7,330 |
| 13 years | $10,661 |
| 15 years | $13,992 |
| 17 years | $17,323 |
| 19 years | $20,654 |
| 21 years | $23,985 |
| 23 years | $27,316 |
| 25 years | $30,647 |
Top Solar Installers in Youngtown
Trying to put up solar panels yourself can be a time-consuming task, which is why getting a solar installer is a good option for many homeowners. Plus, if you’re not certain what kind of solar panels and equipment you may need, a solar expert can help you find the right equipment for you after a site survey and consultation.
You can get a free quote from a local solar installer on how much your investment in solar could cost for your home. Here are some in Youngtown:
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 Youngtown
Factors that Affect Solar Panel Costs in Youngtown
For many Youngtown homeowners, the decision to adopt solar energy comes down to cost. However, the range of solar installation costs can be quite wide in Youngtown, with typical prices between $20,000 to $40,000. There are various factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
One of the most significant 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 energy your household consumes, the larger your system will likely need to be. You can expect to pay about $3,070 per kilowatt in Youngtown.The kind of solar panels and equipment you get is another factor that will considerably impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more costly. Furthermore, solar equipment goes beyond just the solar panels themselves. You’ll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when searching for a solar system that falls within your budget.
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 Youngtown homeowners opt to finance their solar panel systems to make going solar more affordable.Though solar loans make adopting solar energy more accessible for Youngtown homeowners, they can also raise the total you pay for your system due to interest. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
Finally, the company you opt for to install your solar panels can impact how much you pay. Youngtown’s solar companies all have different labor costs and add varying upcharges to equipment. The company’s size can sometimes play the most significant role in your costs. Larger national companies, like SunPro and Sunrun, often have lower prices because they have access to greater resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion 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 | $28,786 | 7.9 years |
| 8 kW | $3.13 | $17,536 | $38,725 | 7.8 years |
| 10 kW | $3.07 | $21,490 | $48,836 | 7.6 years |
| 12 kW | $3.01 | $25,272 | $59,118 | 7.5 years |
| 14 kW | $2.95 | $28,883 | $69,573 | 7.3 years |
| 16 kW | $2.89 | $32,321 | $80,200 | 7.2 years |
| 18 kW | $2.82 | $35,587 | $90,999 | 7.0 years |
| 20 kW | $2.76 | $38,682 | $101,969 | 6.9 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 a challenge, we have some tips to help you, such as:
- Warranty: A high-quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: When looking through your solar installer’s contract, ask questions about any terms you’re not sure of and be sure you understand what happens in scenarios such as a system component breaking or if the company goes out of business.
- Reputation: Long-standing companies likely have a good 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.
- Solar Panel Brands: Different companies offer various brands and models of panels. If you want a specific brand, make sure the solar panel installer you’re considering has it.
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 Youngtown, AZ Solar Cost FAQs
What is the average cost of installing solar panels in Youngtown?
The average cost of solar panels in Youngtown is about $15,350 for a 5-kW system and $30,700 for a 10-kW system before the ITC, but the actual cost will depend on things such as the model of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in Youngtown?
Leasing solar panels can be an appealing choice, because it often comes with low or $0 upfront payments. The downside 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 way to go if you want to maximize your savings.
Does Youngtown have a net metering program?
The majority of states have net metering programs of some kind. Through these, you can be compensated for the extra power your system generates or or receive credits to put toward future utility bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
What solar power system size is right for my home?
To figure out how many solar panels you need, you should find out how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can usually 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.