Solar Panels Cost 5.8k-13k in Verde Village CDP, AZ | October, 2024

Solar Panels Cost $5.8k-$13k in Verde Village CDP, AZ | October, 2024

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

To go solar in Verde Village CDP, AZ in October, 2024 is approximately $2.8/W.

Each 1 kW (1000 watts) of solar power capacity will require an investment of $2,800 for installation. We can come to this conclusion in accordance with this rate price cost per watt. A 5 kW panel install in Verde Village CDP will generally cost you $9,800 after the 30% federal tax credit. Please note that a larger system may be needed to ensure your energy requirements are met.

By selecting your county on the left, you can discover the average roof size and the average maximum capacity for residential solar panel systems in your area. The following analysis, below, highlights the costs, 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.
Verde Village CDP: $9,800US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Verde 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.
Verde Village CDP: $25,127US Average: $15,784

Solar Potential in Verde Village CDP

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

Roof size 947sq. ft.
Capacity 13.25kW DC
Electricity 21.7kkWh AC per yr.

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

Energy consumers in Verde Village CDP typically use 1,025 kWh per month, with an average monthly bill of $163.03. This number also comprises data from smaller living spaces like apartments with less energy needs.This figure includes the energy usage patterns of smaller dwellings, including apartments.

In October 2024, the mean electricity rate in Verde Village CDP, AZ is 15.9¢ per kWh.

The average energy user in Verde Village CDP will need a 7 kW or larger solar setup to cover their full energy usage demands. You'll spend $13,720 on a 7 kW solar panel installation after including the 30% federal income tax credit in your calculations.

Go Solar for less than your cell phone bill.

Average solar panel costs by system size in Verde Village CDP

To the left, you'll see a detailed price breakdown of the various sizes of solar panel systems set up in Verde Village CDP. With larger solar systems, the price goes up, but so do the electricity savings and the income tax credits you can receive.

The solar panel cost and benefit breakdown, displayed in the calculator below and to the right, is based on an average electric bill of $163.03 in Verde Village CDP. Change the $163.03 to your average electricity bill payment for more detailed results.

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 1.62 tons a year
  • Equivalent to planting 75 trees a year
  • Equivalent to driving 4,019 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 4 years
Environmental Impacts
  • Reduces CO2 emissions by 2.16 tons a year
  • Equivalent to planting 99 trees a year
  • Equivalent to driving 5,359 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 5 years
Environmental Impacts
  • Reduces CO2 emissions by 2.71 tons a year
  • Equivalent to planting 124 trees a year
  • Equivalent to driving 6,699 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 $145
  • Full payback in 6 years
Environmental Impacts
  • Reduces CO2 emissions by 3.25 tons a year
  • Equivalent to planting 149 trees a year
  • Equivalent to driving 8,038 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $2,027 a year
Est. Price
$13,720
Savings from a 7kWthis system
  • Est. yearly production 12,668 kWh
  • Est. monthly savings $163
  • 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

Verde Village CDP Solar Panel Installation Incentives & Rebates | 2024

Rural small businesses and farms can benefit from the REAP Grant, which may cover between 80% and 100% of your solar energy or wind turbine installation costs. Believe you fall into this category? Check your qualification with our REAP Grant eligibility tool.

For those considering residential solar, the 30% federal income tax credit is offered to almost all homeowners, which makes solar power a smart investment in numerous parts of the country. Additionally, various state and local programs exist to further encourage the adoption of solar power.

Multiple utilities and governmental agencies in Arizona offer 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're intending to stay in your home past the period required to pay back your solar investment, installing solar panels is a good decision in Verde Village CDP. A 5 kW solar system in Verde Village CDP, AZ might save you an average of $29,327.2 over 20 years, with the break even point usually being 5 years.

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

In addition to forgoing the savings mentioned previously, not installing solar panels or another form of backup power results in you being completely dependent on your electric utility. Full reliance on your utility provider isn't always ideal, as recent examples in the news have shown.

On average, customers in Verde Village CDP have experienced 0.89 utility outages per year recently. On average, an outage lasts 84.05 minutes. When major events such as wildfires, planned maintenance, or equipment failure occur, these durations can increase significantly

With or without a backup battery, a solar panel system could reduce the stress of future power disruptions you might encounter.

Power Outages

Currently, 0 customers are being tracked in Yavapai County.

Learn more

Customers Out:

0

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

Your Energy Needs - The price per watt lowers with larger solar panel systems, even though the upfront cost is larger. For most consumers, installing a system that can produce enough power to reduce their entire electric bill is useful, providing significant savings.

Make & Model - Like many products, solar panels and mounting equipment are offered in a variety of makes and models. The system preferences of your selected installer can make it crucial to select a reputable installer. The use of better materials is probably will result in a more satisfactory long-term experience for buyers.

Solar Panel Type - For good reason why monocrystalline panels are now considered the industry standard. They come with a higher price but are more energy-efficient. The majority of solar panel installers use panels made of this material.

Your Property - No two properties or homes are identical. Trees, uneven landscapes, or additional hurdles can increase the difficulty of the installation. These days, the majority of solar installers can evaluate your home with satellite images and incorporate these elements in the preliminary cost estimate.

Labor Rates - Various wages are paid to employees by various companies, and these expenses are transferred to the consumers. It is often observed that companies with higher wages receive superior reviews for their services and customer service.

Permitting & Interconnection - Your final installation price will be influenced by the permitting and utility interconnection fees, which change by area. That said, experienced local installers will be able to build these numbers into your preliminary quotes so there are no surprises.

See what solar panels cost in other AZ cities

Go Solar for less than your cell phone bill.

Who are the best solar installers in Verde Village CDP?

Freedom Forever

Temecula, CA(800) 685-1850

Services

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

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

Sunny Energy

Tempe, AZ(480) 257-3283

Services

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

Sunlink Energy

Maricopa, AZ(480) 624-8105

Services

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

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

Verde Village CDP, AZ Solar Panel Cost FAQs

  • As of October, 2024, the typical cost for solar panels in Verde Village CDP, AZ is $2.8/W. In Verde Village CDP, AZ, the cost of installing a 5 kW solar panel system is approximately $9,800 after applying the federal tax credit.
  • At present, there are 12 rebates and incentives available to Arizona residents from various utility and government programs. Additionally, the vast majority qualify for the 30% federal tax credit.
  • Paying in cash provides the highest savings, but there are several financing options available today for solar panels that are also financially advantageous. Information about financing options is typically detailed in initial quotes provided by installers.
  • Yes, solar panels systems of 5 kW in Verde Village CDP, AZ typically have a payback period of 5years, with expected savings on electricity costs of $29,327.2 over 20 years.
Matt Hope
Last Reviewed By: Matt Hope
Published: 2024-10-01