As of February 2024, the average cost of a solar panel system is $2.49/W Including installations in Yavapai County, Arizona. For a 5 kW installation, this would be approx. $12,471 Before incentives, however, prices range from $10,600 – $14,342. After the federal tax credit, the average price is 30% lower.
Average price for a 5 kW solar panel installation in Yavapai County, Arizona
It will probably be even cheaper than the amount shown here. This price does not include the federal ITC or state incentives from Yavapai County, Arizona, which would reduce the price by at least several thousand dollars.
The cost of solar panels varies depending on the size of the system
It may seem obvious, but the larger the solar panel system, the more it will cost. Using cost per watt ($/W), you can easily compare quotes while managing for small variations in system size.
In Yavapai County, Arizona, a 5 kW system costs just $12,471, but doubling the system size effectively doubles the price, so you could end up paying about twice as much for a 10 kW system. Become. However, the higher the price, the more money you will get back as a credit on your federal tax bill.
Average solar power cost by system size in Yavapai County, Arizona
Are solar panels worth it in Yavapai County, Arizona?
Solar panels have value in most areas, including Yavapai County, Arizona. Certain factors such as electricity costs, incentives, climate, and the angle of the sun hitting your roof will affect how quickly your investment breaks even compared to other parts of the United States.
If you pay for the system in cash, approximately $35,768 A 5 kW system in Yavapai County, Arizona saved us over 20 years of electricity bills. This quote is generated based on actual solar power quote data from the marketplace. System costs, federal tax credits, and inflation rates are taken into account.
If you do not have access to a net meter, these estimates do not take into account net utility bill rates.
If you can't come up with $12,471 in cash to pay for solar power, don't worry. Alternatively, you can choose to finance your system using a loan. Some companies offer zero down payment loans, so if your loan payments are less than your current electricity bill, you can start saving from day one. Keep in mind that taking out a loan will reduce your long-term savings due to interest rates.
The numbers shown are averages. The price you pay for solar power depends on many factors specific to you and your home.
If you're looking for a solar power company in Arizona, check out our general suggestions below.
Solar power is a big purchase, but savvy shoppers can bring the price down a bit. You can lower the cost of solar power in Yavapai County, Arizona by taking advantage of incentives and rebates and shopping around for quotes.
Take advantage of federal and local solar incentives
As long as your federal tax liability is high enough, you can take advantage of federal tax credits in Yavapai County, Arizona. This incentive allows 30% of the cost of solar installation and equipment to go toward federal taxes. If the amount exceeds your tax liability, you can carry the remaining credit forward to the next year. Many states also offer great local incentives and rebates.
Get quotes from multiple installation companies
Compare multiple solar power quotes to save money through competition and transparency. The additional quotes you receive for solar power will help you find the right solar panel system at the right price.
This is where EnergySage comes in handy. With funding from the Department of Energy's SunShot award, EnergySage has opened the nation's first (and now largest) marketplace for home solar panel installations. We collect custom solar power quotes from local installers on your behalf and compile them into a format that's easy to compare. When you compare solar panel quotes on the EnergySage Marketplace, you can expect to see prices up to: 20% lower Better than working with a single solar company.
