Solar Panel Cost Guide in Yuma, AZ (2023 Update)
- Yuma Solar Installation Cost: $9,338
- 25-Year Savings: $25,244
- Payback Period: 6.8 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated September 15, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in Yuma
Let's have a look at the average cost of solar in Yuma.
The national average cost of solar panels is $2.66 per watt, but in Yuma it's 2.61 per watt. The average solar panel system size in Yuma is around 5.1 kilowatts, meaning a cost of about $9,336 for a solar installation, or $13,350 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 factors unique to your home and what company you choose to go with. Many homeowners find installing a solar panel system is a sound investment. The average homeowner in Yuma can save around $26,000 on their energy bills over 20 years.
For a personalized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Yuma
| Year | Return on Investment |
|---|---|
| 1 years | $-9,222 |
| 3 years | $-8,992 |
| 5 years | $-8,761 |
| 7 years | $-8,531 |
| 9 years | $-8,300 |
| 11 years | $-8,070 |
| 13 years | $-7,839 |
| 15 years | $-7,609 |
| 17 years | $-7,378 |
| 19 years | $-7,147 |
| 21 years | $-6,917 |
| 23 years | $-6,686 |
| 25 years | $-6,456 |
Top Solar Installers in Yuma
Although you can install solar panels by yourself, it involves extra labor and handiness. That's why most homeowners choose to hire a solar panel installer. Plus, if you'd like to maximize your investment in solar energy, using a solar installer can help with that as well. Different providers can offer warranties, expertise on how to install solar panels and sometimes even information on local incentives, rebates and net metering programs.
There are various licensed solar professionals that can install solar panels for you. Here are our suggestions:
See all of the solar companies in Yuma
Factors that Affect Solar Panel Costs in Yuma
The cost of installing a solar system in Yuma can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The most significant one is the size of the system your home needs, and other factors include the equipment you choose, financing options and the solar installer you choose.
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 electricity your household uses, the larger your system will likely need to be. You can expect to spend around $2,610 per kilowatt in Yuma. The brand and type 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 come at a higher price than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have a small roof or just want maximum energy production, you can expect 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
Most solar companies in Yuma have solar loans, which reduce the initial cost of installing a solar system. Though solar loans make adopting solar energy more accessible for Yuma 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 cut back on how much interest you have to pay.
Solar Panel Installation Company
Finally, the company you choose to install your solar panels can affect your pricing. Yuma's solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies usually have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or additional services like electric vehicle 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 | $29,197 | 7.0 years |
| 8 kW | $2.66 | $14,908 | $39,221 | 6.9 years |
| 10 kW | $2.61 | $18,270 | $49,392 | 6.8 years |
| 12 kW | $2.56 | $21,486 | $59,709 | 6.6 years |
| 14 kW | $2.51 | $24,555 | $70,172 | 6.5 years |
| 16 kW | $2.45 | $27,478 | $80,781 | 6.3 years |
| 18 kW | $2.40 | $30,255 | $91,537 | 6.2 years |
| 20 kW | $2.35 | $32,886 | $102,438 | 6.1 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Warranty: A high-quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to get the job done well. Another way you can look into your installer's reputation is by reading reviews.
- Contract: Look through the contract terms thoroughly to make sure you understand the cost breakdown, completion timeline rebates and warranties.
- Solar Panel Brands: The model of solar panel you'd like to install plays a part in which company you should go with, since different companies provide different panels.
EcoWatch's Yuma, AZ Solar Cost FAQs
How much does it cost to install solar panels in Yuma?
This is a difficult question to answer precisely, because the cost depends on a few different 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 cost more if you want additional solar equipment or more efficient panels, or if you have above-average energy consumption. On the other hand, you can spend less if you go with a smaller solar panel system or less efficient solar panels.
Are solar panels free in Yuma?
You can't get solar panels for free in Yuma. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd prefer to own your solar panels, you can finance them with a solar loan.
Is switching to solar power worth it?
Whether or not solar panels are worth it depends on a variety of factors like local electricity rates and how much direct sunlight your roof gets.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and the amount of sunlight your roof gets. You can take a 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 get 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.