Solar Panels Cost 3.9k-11k in Sun Lakes CDP, AZ | October, 2024

Solar Panels Cost $3.9k-$11k in Sun Lakes CDP, AZ | October, 2024

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How much do solar panels cost in Sun Lakes CDP, AZ in 2024?

The current cost per watt for solar in Sun Lakes CDP, AZ in October, 2024 is $2.8/W.

Put another way, solar panels will cost you $2,800 per 1 kW (or 1000 watts) of generation capacity. When you subtract the 30% federal tax credit, you can expect to spend about $9,800 for a 5 kW panel install in Sun Lakes CDP. Note that a more powerful system may be necessary to meet your energy demands.

To your left, you have the option to choose your county and view the average roof size along with the average maximum capacity for solar panel installations on homes in your area. Below, you can see an analysis of the price, payback period and 20 year average savings for a 5 kW system in your county.

Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Sun Lakes CDP: $9,800US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Sun Lakes CDP: 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.
Sun Lakes CDP: $20,147US Average: $15,784

Solar Potential in Sun Lakes CDP

Estimated system size and solar electricity production per median viable roof in
Sun Lakes CDP.

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

Electricity Costs in Sun Lakes CDP, AZ & What that Means for Your Solar Panel Pricing

Sun Lakes CDP residents generally consume 904 kWh of electricity each month, with bills around $142.28. Bear in mind that this statistic covers smaller residences including apartments, known for reduced energy use.

The rate of electricity in Sun Lakes CDP, AZ, on average, is 15.74¢ per kWh for October 2024.

If you’re an average electricity user in Sun Lakes CDP, you may need a solar panel system sized at 6 kW or above to take care of your electricity needs. Presently, a 6 kW setup costs $11,760 after the 30% federal income tax credit.

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Average solar panel costs by system size in Sun Lakes CDP

Displayed on the left, you will find a cost summary for multiple solar panel system sizes set up in Sun Lakes CDP. Naturally, a larger solar system requires a greater initial expense, but it also translates to more significant electricity savings and more substantial income tax credits.

The solar panel cost calculator, positioned down and to the right, provides a cost-benefit analysis using an average $142.28 electric bill for Sun Lakes CDP. For personalized results, update the $142.28 to whatever your usual electricity bill is.

System Size 2kW
Roof Size Min. space required
143 ft²
Electricity Value Annual Production $579 a year
Est. Price
$3,920
Savings from a 2kWthis system
  • Est. yearly production 3,619 kWh
  • Est. monthly savings $48
  • Full payback in 2 years
Environmental Impacts
  • Reduces CO2 emissions by 1.24 tons a year
  • Equivalent to planting 57 trees a year
  • Equivalent to driving 3,076 mi less a year
System Size 3kW
Roof Size Min. space required
215 ft²
Electricity Value Annual Production $869 a year
Est. Price
$5,880
Savings from a 3kWthis system
  • Est. yearly production 5,429 kWh
  • Est. monthly savings $72
  • Full payback in 3 years
Environmental Impacts
  • Reduces CO2 emissions by 1.86 tons a year
  • Equivalent to planting 86 trees a year
  • Equivalent to driving 4,613 mi less a year
System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $1,158 a year
Est. Price
$7,840
Savings from a 4kWthis system
  • Est. yearly production 7,239 kWh
  • Est. monthly savings $97
  • Full payback in 5 years
Environmental Impacts
  • Reduces CO2 emissions by 2.49 tons a year
  • Equivalent to planting 114 trees a year
  • Equivalent to driving 6,151 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,448 a year
Est. Price
$9,800
Savings from a 5kWthis system
  • Est. yearly production 9,048 kWh
  • Est. monthly savings $121
  • Full payback in 6 years
Environmental Impacts
  • Reduces CO2 emissions by 3.11 tons a year
  • Equivalent to planting 143 trees a year
  • Equivalent to driving 7,689 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,737 a year
Est. Price
$11,760
Savings from a 6kWthis system
  • Est. yearly production 10,858 kWh
  • Est. monthly savings $142
  • Full payback in 7 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

Sun Lakes CDP Solar Panel Installation Incentives & Rebates | 2024

The REAP Grant offers substantial financial support, potentially covering 80% to 100% of the costs for rural businesses and agricultural operations to install photovoltaic or wind energy systems. Think you might be eligible? Verify your qualification with our REAP Grant eligibility tool.

Thanks to the 30% federal income tax credit, residential solar installations are accessible for most people, turning solar power a sensible investment in various states. Furthermore, a variety of state and local programs are available to encourage solar adoption.

There are 12 solar rebate and incentive initiatives currently offered in Arizona by various utilities and government bodies.

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 your plan is to stay in your home past the time it takes to pay off your solar system, installing solar panels is a smart move in Sun Lakes CDP. With a 5 kW solar system in Sun Lakes CDP, AZ, the average savings over a 20 period is $24,347.2, with break even usually occurring at 6 years.

The cost of not having solar panels in Sun Lakes CDP, AZ

Without solar panels or another backup power source, you miss out on the savings highlighted previously and rely entirely on your electric utility for electricity. Recent media examples have revealed that complete dependence on your utility company isn't always the best condition.

Residents in Sun Lakes CDP have seen an average of 0.85 utility outages per year in recent times. Outages typically last for an average of 49.9 minutes. Major occurrences like vandalism, grid management errors or hurricanes can lead to a significant rise in these time frames.

Owning a solar panel system, with or without a backup battery, could reduce the pressure of any 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 Sun Lakes CDP, AZ?

Your Energy Needs - With larger solar panel systems, the cost per watt declines, despite the greater upfront expense. Homeowners often realize that setting up a solar system that can cover their entire electric bill is advantageous, resulting in optimal savings.

Make & Model - Solar panels come in a range of makes and models. Considering the brand preferences that your installer may have, it's essential to select a reputable installer. For consumers desiring a better long-term experience, investing in superior quality makes and models is critical.

Solar Panel Type - For many good reasons, monocrystalline panels are now the standard in the industry. Even though they are pricier, they generate additional energy. Many installers utilize panels made from this material.

Your Property - Each property and home is one of a kind. Uneven ground, trees, or additional hindrances can increase the difficulty of installing solar panels. By using satellite images, the majority of solar installers nowadays can evaluate your home and incorporate these factors into the initial cost estimate.

Labor Rates - Employees are paid varied wages from different companies, and these costs are handed down to the consumers. Paying higher wages typically results in companies receiving better reviews for their work and customer service.

Permitting & Interconnection - Permitting and utility interconnection fees change locally and will influence your installation cost. Quality installers will factor these costs into your first quotes to prevent unexpected expenses.

See what solar panels cost in other AZ cities

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Who are the best solar installers in Sun Lakes CDP?

Freedom Forever

Temecula, CA(800) 685-1850

Services

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

Erus Energy

Phoenix, AZ(844) 272-8336

Services

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

ABCO Solar

Tucson, AZ(800) 292-2280

Services

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

Powur PBC

Del Mar, CA(866) 467-6987

Services

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

Micrometer Engineering

Scottsdale, AZ(602) 790-5749

Services

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

Solgen Power

Pasco, WA(855) 220-0778

Services

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

Sunny Energy

Tempe, AZ(480) 257-3283

Services

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

Sunlink Energy

Maricopa, AZ(480) 624-8105

Services

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

SunPro Solar

Mandeville, LA(866) 599-3643

Services

  • Auditing of energy requirements for independent energy generation.
  • 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.
  • Consulting on all things solar related.

Solar Gain

Tucson, AZ(520) 822-8377

Services

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

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

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

Entero Energy

Austin, TX(512) 551-0742

Services

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

CNR Electric

Mesa, AZ(480) 737-1524

Services

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

SunPower Corporation

San Jose, CA(800) 786-7693

Services

  • 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.
  • Solar systems for selling electricity back to the grid.

Fusion Power

Chandler, AZ(844) 387-6797

Services

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

Sunnova Energy

Houston, TX(866) 786-6682

Services

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

Sunrun

San Francisco, CA(833) 394-3384

Services

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

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

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

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

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

Precision Renewables

Snyderville CDP, UT(435) 602-4120

Services

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

Sun Valley Solar Solutions

Chandler, AZ(480) 689-5000

Services

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

Badass Energy

Claremont, CA(909) 320-9860

Services

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

Sun Lakes CDP, AZ Solar Panel Cost FAQs

  • In Sun Lakes CDP, AZ, the mean cost per watt for solar panels as recorded in October, 2024 is $2.8/W. The cost of installing a 5 kW solar panel system in Sun Lakes CDP, AZ is about $9,800 post federal tax credit.
  • Right now, Arizona has 12 rebates and incentives available through a variety of utility companies and government entities. In addition, the 30% federal income tax credit is available to almost everyone.
  • Opting for cash payments results in the highest savings, but there are now numerous financing options for solar panels that are financially sensible. Many installers have partnerships with financing companies and will provide this information in your initial quotes.
  • Yes, in Sun Lakes CDP, AZ, the average time for 5 kW solar panel systems to pay for themselves is 6 years, leading to electricity savings of $24,347.2 over a 20-year period.
Alex Zdanov
Last Reviewed By: Alex Zdanov
Published: 2024-10-01