Solar Panels Cost 5.7k-13k in Goodyear, AZ | December, 2024

Solar Panels Cost $5.7k-$13k in Goodyear, AZ | December, 2024

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How much do solar panels cost in Goodyear, AZ in 2024?

On average, in Goodyear, AZ in the month of December, 2024, the cost per watt of solar systems is $2.76/W.

Using this price, you should expect to pony up $2,760, on average, for every 1000 watts (or 1 kW) of solar energy your solar panels will need to generate. With a 30% federal tax credit, the average cost for a 5 kW system in Goodyear is approximately $9,660. It's vital to consider that a higher capacity system may be essential to fully meet your energy requirements.

By selecting your county on the left, you can find out the typical roof size and the average maximum capacity for residential solar panel systems in your area. Below is a breakdown of the costs, payback period, and 20-year average savings for a 5 kW system installed in your county.

Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Goodyear: $9,660US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Goodyear: 6 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Goodyear: $21,163US Average: $16,152

Solar Potential in Goodyear

Estimated system size and solar electricity production per median viable roof in
Goodyear.

Roof size 1,090sq. ft.
Capacity 15.25kW DC
Electricity 24.8kkWh AC per yr.

Electricity Costs in Goodyear, AZ & What that Means for Your Solar Panel Pricing

With an average consumption of 1,028 kWh per month, Goodyear households pay about $145.68 for electricity each month. This data also encompasses the energy consumption patterns of smaller residences, such as apartments.

The electricity rate per kWh in Goodyear, AZ for December 2024 is on average 14.17¢.

To satisfy the electricity requirements of an average consumer in Goodyear, a solar panel system of 7 kW or higher is a must. Upfront, a 7 kW solar system is approximately $19,320, with the federal tax credit returning 30% of your investment amount, which cuts down the total to $13,524.

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Average solar panel costs by system size in Goodyear

To the left side and below, you can find the pricing details for multiple sizes of the solar panel systems installed in Goodyear. Naturally, with a more extensive solar system, there will be a greater initial expense, but the advantages include higher electricity savings and larger income tax credits.

Check a cost benefit analysis in the solar panel cost calculator below and to the right, for an average electric bill of $145.68 in Goodyear. Adjust the $145.68 to your usual bill payment for personalized results.

System Size 3kW
Roof Size Min. space required
215 ft²
Electricity Value Annual Production $762 a year
Est. Price
$5,796
Savings from a 3kWthis system
  • Est. yearly production 5,440 kWh
  • Est. monthly savings $63
  • Full payback in 3 years
Environmental Impacts
  • Reduces CO2 emissions by 1.58 tons a year
  • Equivalent to planting 73 trees a year
  • Equivalent to driving 3,908 mi less a year
System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $1,016 a year
Est. Price
$7,728
Savings from a 4kWthis system
  • Est. yearly production 7,254 kWh
  • Est. monthly savings $85
  • Full payback in 4 years
Environmental Impacts
  • Reduces CO2 emissions by 2.11 tons a year
  • Equivalent to planting 97 trees a year
  • Equivalent to driving 5,211 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,269 a year
Est. Price
$9,660
Savings from a 5kWthis system
  • Est. yearly production 9,067 kWh
  • Est. monthly savings $106
  • Full payback in 6 years
Environmental Impacts
  • Reduces CO2 emissions by 2.63 tons a year
  • Equivalent to planting 121 trees a year
  • Equivalent to driving 6,514 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,523 a year
Est. Price
$11,592
Savings from a 6kWthis system
  • Est. yearly production 10,881 kWh
  • Est. monthly savings $127
  • Full payback in 7 years
Environmental Impacts
  • Reduces CO2 emissions by 3.16 tons a year
  • Equivalent to planting 145 trees a year
  • Equivalent to driving 7,817 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,777 a year
Est. Price
$13,524
Savings from a 7kWthis system
  • Est. yearly production 12,694 kWh
  • Est. monthly savings $146
  • Full payback in 8 years
Environmental Impacts
  • Reduces CO2 emissions by 3.63 tons a year
  • Equivalent to planting 167 trees a year
  • Equivalent to driving 8,990 mi less a year

Goodyear Solar Panel Installation Incentives & Rebates | 2024

If you run a small business or farm in a rural area, you could receive REAP Grant support that covers 80% to 100% of your photovoltaic or wind turbine installation costs. To determine your eligibility, use our REAP Grant eligibility tool.

Installing residential solar panels comes with a 30% federal tax credit, accessible to almost all homeowners, making it a wise option for numerous areas across the country. Additionally, various state and local programs exist to further support the adoption of solar power.

Several utilities and government organizations in Arizona currently offer 12 solar rebates and incentives.

Solar incentives in AZ

Residential Solar and Wind Energy Systems Tax Credit

Value:Up to $1,000

Arizona is offering a Solar Energy Credit to individual taxpayers who install a solar or wind energy device at their Arizona residence. The credit can be applied against their personal income tax; the credit is one-fourth of the cost of solar or wind energy, up to $1000. The number of devices does not matter. The credit may be claimed in the year that the devices are installed or up to five years if the amount exceeds their tax liability. Taxpayers who lease the system or enter into a third-party power purchase agreement are not eligible to receive the credit.

Mohave Electric Cooperative - Renewable Energy Incentive Program

Value:Up to $2,500

Mohave Electric Cooperation has incentives to encourage its customers to install renewable energy systems in the homes and businesses, and thus help them save money on electric bills. It provides rebates for small commercial and residential photovoltaic and wind systems; however, rebates for solar water heaters are available for residential systems only. These rebates should help offset the price of those systems, making them more attractive to potential buyers and eventually helping them to help better the environment. Also, residential and business customers must meet all applicable terms and conditions with the appropriate forms submitted through their website.

Southwest Gas Corporation - Commercial High-Efficiency Equipment Rebate Program

Value:Varies

The Southwest Gas Corporation offers rebates to commercial customers in Arizona who purchase energy-efficient natural gas equipment in order to better assist environmental measures. Customers of the natural gas company may apply for custom incentives. Those commercial customers interested in obtaining a rebate for their natural gas equipment should refer to the Southwest Gas Corporation website for more information. A list of rebates available through the Southwest Gas Corporation may found here. The rebates should encourage customers of the company to better access more energy-efficient equipment for their companies' needs.

SRP - Solar Water Heating Program

Value:Varies

The Salt River Project's Solar Water Heating program provides incentives to encourage its residential customers to purchase solar water heating systems as back-ups to their electric systems, in hopes that the residential customers will use the renewable energy systems in preference to their familiar systems. The usual incentive for residential solar water heating systems is $0.30 per kilowatt-hour of the estimated annual energy savings, determined by calculating current use to determine estimated use for the next year. The incentives are pro-rated ($0.24 per kilowatt-hour) for systems where solar collectors are installed in sub-optimal locations, such as shady areas.

Sulphur Springs Valley EC - SunWatts Rebate Program

Value:Varies

The SunWatts program offers home and business owners incentives for purchasing solar water heating systems. The ideal is that residential and business customers of various companies will take advantage of the incentives offered through the SunWatts program and upgrade their homes. Also, the solar water heating systems may encourage the homeowners and business owners to try other renewable energy systems, especially once they see how much the heating systems save them. Systems must meet all program requirements, and incentives are usually available through local companies. See the SunWatts program website for complete details on rebates offered and other incentives.

Renewable Energy Tax Credit for International Operations Centers (Corporate)

Value:Varies

A 2014 act of the Arizona legislature created tax incentives on new solar, wind, or other renewable energy systems used to power "international operations centers." To qualify for the credit, systems should be rated for at least 20 MW of generation capacity or produce 40,000 megawatt hours of electricity per year. "International operations center" certification is obtained through ten years of investment records in new Arizona-located capital. Additional information is available from the state department of revenue.

Solar Contractor Licensing

Value:Varies

The Arizona Registrar of Contractors does not offer a general solar electric contractor license, but the state's R-11 and C-11 electric licenses cover solar electric installations. The Registrar also has licenses for solar water heaters. There are also licenses for space heating and cooling systems, including solar thermal systems. For those interested in working with pools that include a solar pool heating system, there is another license. All contractors that work with solar energy systems must have four years of applicable work experience and pass an exam in order to obtain a license in Arizona.

Trico Electric Cooperative - SunWatts Incentive Program

Value:Varies

The Trico Electric Cooperative offers its residential and business customers a rebate for installing solar water heaters into their homes and businesses, thus helping to encourage the use of sustainable energy in those homes and businesses. Rebates equal $.40 per kilowatt that is expected to be saved in the first year of the use of solar water heating systems, as compared to the systems that they are used to using to heat their water. The rebates are offered through the SunWatts program, and should encourage its residential and business customers to look for another way to use renewable energy sources in their homes and businesses.

Renewable Energy Standard

Value:Varies

The Arizona Corporation Commission is debating changes to the state's Renewable Energy Standard to expand the standard to 15% by 2025, with 30% of the renewable energy coming from distributed energy technologies. The new rules were certified as constitutional and were allowed to go forward. Prior to the 2006 rules, Arizona's original Environmental Portfolio Standard required Arizona 0.4% of its energy from renewable sources; this was increased incrementally to 60% by 2012. The RES should allow Arizona to meet its goals, and to eventually see more of its energy needs being met by renewable energy sources.

SRP - Net Metering

Value:Varies

The Salt River Project modified its net-metering program for residential customers in February 2015. Effective with the April 2015 billing cycle, residential customers who generate part of the electricity onsite are billed under the Customer Generation Price Plan. Customers that have purchased their distributed energy system or signed a lease agreement before December 8, 2014, may keep their original plan for twenty years. Net-metering allows customers discounts on the energy bill if they produce more electricity than they use. While the Arizona Corporation Commission adopted net-metering rules in October 2008, the state's rules do not apply to Salt River Project customers.

Interconnection Guidelines

Value:Varies

The Arizona Corporation Commission initiated a rule-making process to establish statewide interconnection standards for distributed generation. The proceedings are still in effect, and the commission has recommended that the utilities use the Interconnection Document as a guide. The state's utilities developed interconnection agreements prior to the ACC's ongoing proceedings. Each utility has adopted its own standards, sometimes based on different metrics than other utilities. It is likely that Arizona's regulated utilities will adopt the ACC's interconnection standards when the final rules are adopted in order to provide a system that will enable all utilities to provide consistent service across the state.

Renewable Energy Tax Credit for International Operations Centers (Personal)

Value:Varies

S.B. 1484 of 2014 provides a tax credit for renewable energy systems used in manufacturing that produce energy. H.B. 2528 of 2017 removes manufacturer eligibility in 2018. Eligible systems must be capable of creating at least 20 megawatts of energy or a typical annual generation of at least 40,000 megawatt-hours. The tax credit of $5 million per year for five years for each facility. Taxpayers must apply to the Department of Revenue; the sooner you apply the better as when the $10 million is gone it is gone.

Are solar panels worth it in Arizona?

For those planning to stay in their home past the solar system's payback period, solar panels are a smart investment in Goodyear. If you install a 5 kW solar system in Goodyear, AZ, you might save $25,303.2 over 20 years on average, with a break even point at around 6 years.

The cost of not having solar panels in Goodyear, AZ

If you don't install solar panels or an alternative backup power source, you forgo the aforementioned savings and your household is entirely dependent on your electric utility for electricity. Numerous recent news reports have illustrated that total reliance on your utility isn't always the best idea.

In Goodyear, there are about 0.95 outages per customer annually. Each outage lasts an average of 79.04 minutes. In the case of major events such as heavy rain and flooding, vandalism, or equipment failure, this period can increase substantially.

Even without a backup battery, a solar panel system can reduce the stress of future outages you may experience.

Power Outages

Currently, 0 customers are being tracked in Maricopa County.

Learn more

Customers Out:

0

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What impacts the cost of solar panels in Goodyear, AZ?

Your Energy Needs - With larger solar panel systems, the cost per watt declines, despite the larger upfront expense. Installing a solar panel system that can fully offset the electric bill is beneficial to homeowners because of the money saved.

Make & Model - There are a wide variety of makes and models of solar panels. The installer’s preference for system makes it crucial to pick a reputable company. Buyers generally find that utilizing higher quality equipment provides a more satisfactory long-term experience.

Solar Panel Type - The industry standard is now monocrystalline panels, and rightly so. Even though they are costlier, they provide more energy. Most installers work with panels constructed from this material.

Your Property - No two properties or homes are identical. Trees, irregular terrain, or other considerations can increase the difficulty of the installation. These days, the majority of solar installers can use satellite imagery to assess your home and include these elements into the first cost estimate.

Labor Rates - Employees get varying wages from different companies, and these costs are handed down to the consumers. Paying higher wages frequently results in companies receiving better reviews for their services and customer service.

Permitting & Interconnection - Your final installation price will be affected by the permitting and utility interconnection fees, which change by area. Quality local installers will include these figures in your first estimates to provide transparency.

See what solar panels cost in other AZ cities

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Who are the best solar installers in Goodyear?

Freedom Forever

Temecula, CA(800) 685-1850

Services

  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Consulting on all things solar related.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.

Harmon Solar

Phoenix, AZ(800) 281-3189

Services

  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.
  • Installation of batteries for energy storage.

Erus Energy

Phoenix, AZ(888) 907-0067

Services

  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

ABCO Solar

Tucson, AZ(800) 292-2280

Services

  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Solar systems for selling electricity back to the grid.
  • Reparation of solar arrays.

Powur PBC

Del Mar, CA(866) 467-6987

Services

  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.

Micrometer Engineering

Scottsdale, AZ(602) 790-5749

Services

  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.

Core Development Group

(201) 825-2195

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Consulting on all things solar related.
  • Expertise in consulting on advantageous financing for solar.

Solgen Power

Pasco, WA(855) 709-1181

Services

  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

Sunny Energy

Tempe, AZ(480) 864-2483

Services

  • Expertise in consulting on advantageous financing for solar.
  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.

Sunlink Energy

Gilbert, AZ(480) 624-8105

Services

  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.
  • Solar systems for selling electricity back to the grid.
  • Monitoring of independent energy generation.
  • Installation of solar arrays.

SunPro Solar

Mandeville, LA(866) 599-3643

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Auditing of energy requirements for independent energy generation.
  • Monitoring of independent energy generation.
  • Expertise in consulting on advantageous financing for solar.
  • Solar systems for selling electricity back to the grid.
  • Consulting on all things solar related.

Solar Gain

Tucson, AZ(520) 822-8377

Services

  • Reparation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Solar systems for selling electricity back to the grid.
  • Installation of batteries for energy storage.
  • Installation of solar arrays.

Rooftop Solar

Flagstaff, AZ(928) 213-5670

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Solar systems for selling electricity back to the grid.
  • Installation of batteries for energy storage.

Hunt Electric

Salt Lake City, UT(801) 975-8844

Services

  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Solar systems for selling electricity back to the grid.

Palmetto Solar

Charleston, SC(855) 339-1831

Services

  • Reparation of solar arrays.
  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

Entero Energy

Austin, TX(512) 551-0742

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.

CNR Electric

Mesa, AZ(480) 737-1524

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Solar systems for selling electricity back to the grid.

SunPower Corporation

San Jose, CA(800) 786-7693

Services

  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.
  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Monitoring of independent energy generation.

Interior Electric

Orange, CA(714) 771-9098

Services

  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.

Fusion Power

Chandler, AZ(480) 676-1433

Services

  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.
  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Reparation of solar arrays.
  • Reparation of batteries.
  • Monitoring of independent energy generation.

Sunnova Energy

Houston, TX(866) 786-6682

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Reparation of batteries.
  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

Sunrun

San Francisco, CA(833) 394-3384

Services

  • Monitoring of independent energy generation.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.

Sun Logix Energy

Palm Desert, CA(760) 656-6151

Services

  • Reparation of solar arrays.
  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

Entegrity

Little Rock, AR(800) 700-1414

Services

  • Expertise in consulting on advantageous financing for solar.
  • Monitoring of independent energy generation.
  • Auditing of energy requirements for independent energy generation.
  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Consulting on all things solar related.

Solar Electric Freedom

Mesa, AZ(877) 765-2748

Services

  • Consulting on all things solar related.
  • Installation of batteries for energy storage.
  • Reparation of batteries.
  • Auditing of energy requirements for independent energy generation.
  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.
  • Reparation of solar arrays.
  • Installation of solar arrays.

PE Solar

Tempe, AZ(480) 264-0690

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of batteries for energy storage.
  • Consulting on all things solar related.

City Electric Supply

Dallas, TX(866) 634-9853

Services

  • Expertise in consulting on advantageous financing for solar.
  • Monitoring of independent energy generation.
  • Auditing of energy requirements for independent energy generation.
  • Installation of solar arrays.

Empire Solar Group

Salt Lake City, UT(800) 467-4562

Services

  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.

Solar Service

Austin, TX(512) 883-1411

Services

  • Installation of batteries for energy storage.
  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.
  • Reparation of solar arrays.

KGT Renewables

Phoenix, IL

Services

  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.

Precision Renewables

(435) 602-4120

Services

  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.

Sun Valley Solar Solutions

Chandler, AZ(480) 689-5000

Services

  • Installation of solar arrays.
  • Consulting on all things solar related.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of batteries for energy storage.

Badass Energy

Claremont, CA(909) 320-9860

Services

  • Installation of batteries for energy storage.
  • Consulting on all things solar related.
  • Installation of solar arrays.

Goodyear, AZ Solar Panel Cost FAQs

  • During December, 2024, the average price for solar panel installations in Goodyear, AZ is $2.76/W. A 5 kW solar panel system will cost you around $9,660 in Goodyear, AZ after the federal tax credit is applied.
  • At present, there are 12 rebates and incentives available to Arizona residents from various utility and government programs. Furthermore, almost all individuals are entitled to the 30% federal income tax credit.
  • Paying in cash provides the highest savings, but there are multiple financing options available today for solar panels that are also beneficial. Many installers have partnerships with financing companies and will provide this information in your initial quotes.
  • Yes, the payback period for 5 kW solar energy systems in Goodyear, AZ averages 6 years, with electricity savings of about $25,303.2 over 20 years.
Alex Zdanov
Last Reviewed By: Alex Zdanov
Published: 2024-12-08