Solar Panels Cost 7.6k-15k in Goodyear Village CDP, AZ | October, 2024

Solar Panels Cost $7.6k-$15k in Goodyear Village CDP, AZ | October, 2024

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

You'll pay approximately $2.75/W to go solar in Goodyear Village CDP, AZ in the month of October, 2024.

You should expect to spend $2,750, on average, for every 1 kW (or 1000 watts) of solar energy your panels can generate. In Goodyear Village CDP, a 5 kW solar setup will require you to pay, on average, $9,625 after the 30% federal income tax credit. Your electricity use habits might need a larger system.

On the left-hand side, you can choose your county to find out the typical roof size and the maximum capacity for solar panels in residences in your area. The following outline, below, highlights 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 Village CDP: $9,625US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Goodyear Village CDP: 5 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 Village CDP: $23,599US Average: $15,784

Solar Potential in Goodyear Village CDP

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

Roof size 1,001sq. ft.
Capacity 14kW DC
Electricity 23.1kkWh AC per yr.

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

For Goodyear Village CDP energy consumers, the typical electric bill is $155.62 per month, with a usage of 1,205 kWh. Compact apartments are also encompassed in the statistics mentioned in the previous sentence. The lower energy use in these types of residences impacts those averages.

The average electricity rate in Goodyear Village CDP, AZ in October 2024 is 12.92¢ per kWh.

To satisfy the electricity consumption of a typical consumer in Goodyear Village CDP, a solar system of 8 kW or more is necessary. Presently, an 8 kW solar installation will cost you roughly $22,000at first, but thanks to the 30% federal tax credit, you get a 30% reimbursement, lowering the price to $15,400.

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Average solar panel costs by system size in Goodyear Village CDP

Located below and to the left, there is the cost summary for multiple sizes of the solar panel systems set up in Goodyear Village CDP. Bigger solar installations carry a larger expense, yet they also yield greater electricity savings and higher income tax credits.

The solar panel cost calculator, located to the right and below, provides a breakdown of costs and benefits using an average $155.62 electric bill for Goodyear Village CDP. If you prefer more customized results, just modify the $155.62 to whatever your average electricity bill is.

System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $941 a year
Est. Price
$7,700
Savings from a 4kWthis system
  • Est. yearly production 7,239 kWh
  • Est. monthly savings $78
  • Full payback in 4 years
Environmental Impacts
  • Reduces CO2 emissions by 1.84 tons a year
  • Equivalent to planting 84 trees a year
  • Equivalent to driving 4,549 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,176 a year
Est. Price
$9,625
Savings from a 5kWthis system
  • Est. yearly production 9,048 kWh
  • Est. monthly savings $98
  • Full payback in 5 years
Environmental Impacts
  • Reduces CO2 emissions by 2.3 tons a year
  • Equivalent to planting 106 trees a year
  • Equivalent to driving 5,687 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,412 a year
Est. Price
$11,550
Savings from a 6kWthis system
  • Est. yearly production 10,858 kWh
  • Est. monthly savings $118
  • Full payback in 6 years
Environmental Impacts
  • Reduces CO2 emissions by 2.76 tons a year
  • Equivalent to planting 127 trees a year
  • Equivalent to driving 6,824 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,647 a year
Est. Price
$13,475
Savings from a 7kWthis system
  • Est. yearly production 12,668 kWh
  • Est. monthly savings $137
  • Full payback in 7 years
Environmental Impacts
  • Reduces CO2 emissions by 3.22 tons a year
  • Equivalent to planting 148 trees a year
  • Equivalent to driving 7,961 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,882 a year
Est. Price
$15,400
Savings from a 8kWthis system
  • Est. yearly production 14,477 kWh
  • Est. monthly savings $156
  • Full payback in 8 years
Environmental Impacts
  • Reduces CO2 emissions by 3.66 tons a year
  • Equivalent to planting 168 trees a year
  • Equivalent to driving 9,050 mi less a year

Goodyear Village CDP Solar Panel Installation Incentives & Rebates | 2024

Between 80% and 100% of your solar energy or wind turbine installation costs may be covered by the REAP Grant if you own a rural small business or farm. If you believe yourself eligible, we recommend using our REAP Grant eligibility tool to confirm your qualification.

Most residents can take advantage of a 30% federal income tax credit for residential solar, which makes it a feasible option in various areas of the United States. In addition, numerous state and local programs work to further encourage the adoption of solar power.

Different utilities and government organizations in Arizona have 12 solar rebate and incentive programs.

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?

If you intend to own your residence longer than the solar system's payback period, solar panels are a good investment in Goodyear Village CDP. Over a 20 year period, a 5 kW solar system in Goodyear Village CDP, AZ could save you approximately $27,723.8, with the average break even time being 5 years.

The cost of not having solar panels in Goodyear Village CDP, AZ

Besides missing out on the previously mentioned savings, not having solar panels or any backup energy system leaves you totally reliant on your electric utility for power. As demonstrated by recent news, total dependence on your utility isn't always the most favorable situation.

Lately, utilities in Goodyear Village CDP have reported an average of 0.85 outages per customer annually. On average, each outage lasts for 49.9 minutes. Major events like tornadoes, equipment failure, or wildlife damage can considerably extend these durations.

Regardless of whether a backup battery is there or not, a solar panel system could reduce the pressure of potential future outages.

Power Outages

Currently, 0 customers are being tracked in Pinal County.

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Customers Out:

0

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

Your Energy Needs - Even though larger solar panel systems have a higher initial cost, the cost per watt declines. Many consumers find it advantageous to install a system that can generate enough electricity to offset the entirety of their electric bill. This math makes the most sense for optimal savings.

Make & Model - Just like any other product, solar panels and mounting equipment are available in a variety of makes and models. The potential brand preferences of your chosen installer make it crucial to pick a recommended contractor. Opting for better quality equipment usually provides a more satisfying long-term experience for the buyer.

Solar Panel Type - Monocrystalline panels have become the industry standard, and for good reason. They are costlier but generate more energy. Most professionals in solar installation work with panels crafted from this material.

Your Property - Each property and home has its own characteristics. Factors such as trees, sloping terrain, or additional considerations can make the installation more challenging. Using satellite images, most solar installers these days can evaluate your home and incorporate these considerations into the preliminary cost estimate.

Labor Rates - Various wages are paid to employees by various companies, and these expenses are transferred to the consumers. Businesses paying higher wages typically get better reviews for their work and customer service.

Permitting & Interconnection - Depending on the area, local permitting and utility interconnection fees will influence the cost of your installation. Reliable local installers will build these figures into your first estimates to eliminate any surprises.

See what solar panels cost in other AZ cities

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Who are the best solar installers in Goodyear Village CDP?

Freedom Forever

Temecula, CA(800) 685-1850

Services

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

Powur PBC

Del Mar, CA(866) 467-6987

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.

Micrometer Engineering

Scottsdale, AZ(602) 790-5749

Services

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

Solgen Power

Pasco, WA(855) 220-0778

Services

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

Sunny Energy

Tempe, AZ(480) 257-3283

Services

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

Sunlink Energy

Maricopa, AZ(480) 624-8105

Services

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

SunPro Solar

Mandeville, LA(866) 599-3643

Services

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

Solar Gain

Tucson, AZ(520) 822-8377

Services

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

Rooftop Solar

Flagstaff, AZ(928) 213-5670

Services

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

Hunt Electric

Salt Lake City, UT(801) 975-8844

Services

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

Palmetto Solar

Charleston, SC(855) 339-1831

Services

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

Entero Energy

Austin, TX(512) 551-0742

Services

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

SunPower Corporation

San Jose, CA(800) 786-7693

Services

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

Fusion Power

Chandler, AZ(844) 387-6797

Services

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

Sunnova Energy

Houston, TX(866) 786-6682

Services

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

Sunrun

San Francisco, CA(833) 394-3384

Services

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

Sun Logix Energy

Palm Desert, CA(760) 531-4400

Services

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

Entegrity

Little Rock, AR(800) 700-1414

Services

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

PE Solar

Tempe, AZ(480) 264-0690

Services

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

City Electric Supply

Dallas, TX(866) 634-9853

Services

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

Empire Solar Group

Salt Lake City, UT(800) 467-4562

Services

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

KGT Renewables

Phoenix, IL

Services

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

Precision Renewables

Snyderville CDP, UT(435) 602-4120

Services

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

Sun Valley Solar Solutions

Chandler, AZ(480) 689-5000

Services

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

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 Village CDP, AZ Solar Panel Cost FAQs

  • The typical cost per watt for solar panels in Goodyear Village CDP, AZ as of October, 2024 is $2.75/W. For a 5 kW solar panel system, the total cost in Goodyear Village CDP, AZ after federal tax credits is around $9,625.
  • At present, there are 12 rebates and incentives available to Arizona residents from various utility and government programs. Furthermore, the majority of people qualify for the 30% federal tax credit.
  • While cash payments offer the most savings, there are now many financing options for solar panels that are also advantageous. Information about financing options is typically detailed in initial quotes provided by installers.
  • Yes, homeowners in Goodyear Village CDP, AZ generally see a payback time of 5 years for 5 kW solar panel systems, with electricity savings averaging $27,723.8 over a 20-year period.
Ginalyn Gelera
Last Reviewed By: Ginalyn Gelera
Published: 2024-10-01