Cost of solar in Peoria, AZ

Electricity Consumption in Peoria

Electricity Consumption by Arizona residents averages 1061 kWh per month. It ranks #8 in the nation for savings from installing solar panels on the home.

Find local city information


Solar power in Peoria, Arizona

Solar customers in Goodyear are eligible for net metering with APS or if you're just a little out of the city SRP as well. Net metering in Arizona requires your utility to record how much unused electricity is sent to the grid and how much power is pulled from the grid eg. at night and only bill you for energy exported minus energy imported. Especially in Arizona with so much sun more energy is usually exported than consumed and this energy is credited 1 for 1 per kWh with the retail power rate. Net metering will make you some serious money. There is also the 30% federal tax credit which has no size limit and may be extended over many years. Arizona also offers a 25% up to $1,000 state tax credit applied before the 30% federal. With incentives set to expire or step down and power companies fighting net metering hard don't mess about!

Even if you are not convinced about solar we recommend that at the very least you use the solar panel calculator to find out:

 

Estimate your solar savings

 

Solar power in Arizona

The average cost of installing residential solar panels in Peoria, Arizona in 2018 is $3.62 per watt. The average system size in the US is 6 kilowatts, which means the average price of a solar system in Peoria, AZ is $18,100. (before claiming 30% tax credit and other rebates)

What does the cost of a real solar system look like?

Facts about installing a 5.53kW solar system in Peoria, AZ

This system would offset 100% of your energy usage if your typical monthly bill is $131, however your situation may vary so try our solar calculator to get a result tailored to you.

$13,507

Net cost of system
Cash - after 30% solar tax credit

7 Years 5 Months

Average payback time

8,637
kWh

Annual power production


/kWh

levilized cost of solar energy

32¢
/kWh

If you don't get solar
The forecast average utility price over the next 25 years

Cash flow graph based on cash purchase of this 5.53kW system

Life-time savings on this system over the next 25 years

$50,425

(Prices shown after repayments of capital)

 


 

Solar companies in Peoria, AZ that provide pricing through the Solar-Estimate marketplace

105

 


Solar calculator and quote comparison tool

Average total cost of solar panel installation in Arizona

System Size Cash purchase
After 30% solar tax credit
Financed purchase
After 30% solar tax credit
3kw $8,337 $9,004
4kw $10,780 $11,642
5kw $13,055 $14,099
6kw $15,204 $16,420
7kw $17,150 $18,522
8kw $18,928 $20,442
9kw $20,601 $22,249
10kw $22,050 $23,814

 

Design your own solar panel system for your home

Going solar in Arizona

Check out all of the ways energy providers of Arizona can help you be more energy efficient and save money.

The following programs are available:
Incentive Name Eligibility Type
Residential Renewable Energy Tax Credit Federal Personal Tax Credit
Residential Solar and Wind Energy Systems State Tax Credit State Personal Tax Credit
Find your local rebates and incentives

Please keep in mind that the best source of up-to-date information on incentives are the solar installers who specialize in your area.