The cost of solar panels in Chino Valley, AZ (2024)

Updated Jul 9, 2024

  • You'll pay an average of $12,096 to install a 5 kilowatt solar panel system in Chino Valley, AZ, before incentives.

  • The federal investment tax credit (ITC) lowers that price by 30% of all your solar equipment and installation costs.

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Written by: Emily Walker

As of July 2024, the average solar panel system costs $2.42/W including installation in Chino Valley, AZ. For a 5 kW installation, this comes out to about $12,096 before incentives, though prices range from $10,282 to $13,910. After the federal tax credit, the average price drops by 30%.

Average price of a 5 kW solar panel installation in Chino Valley, AZ

Good Price
$10,282 or less
Market Average
$12,096
High Price
$13,910 or more

You'll probably pay even less than what we show here. It doesn't include the federal ITC or Chino Valley, AZ state incentives, which will lower this price by at least a few thousand dollars.

Your solar panel cost depends on your system's size

It may seem obvious but larger solar panel systems cost more money. We use cost per watt ($/W) so you can easily compare quotes, controlling for slight variations in system size.

While a 5 kW system will only cost you $12,096 in Chino Valley, AZ, doubling the system size effectively doubles the price, so you'll pay about twice that for a 10 kW system. The higher the price tag, though, the more you'll get back as a credit towards your federal tax bill.

Average solar cost by system size in Chino Valley, AZ

System Size
System Cost
System Cost (after ITC)
3 kW$7,258$5,080
4 kW$9,677$6,774
5 kW$12,096$8,467
6 kW$14,516$10,161
7 kW$16,935$11,854
8 kW$19,354$13,548
9 kW$21,773$15,241
10 kW$24,193$16,935

Are solar panels worth it in Chino Valley, AZ?

Solar panels are worth it in most areas, including Chino Valley, AZ. Certain factors, including the cost of electricity, incentives, climate, and the angle at which the sun hits your roof impact how quickly you break even on your investment relative to other areas around the U.S. 

If you pay for your system with cash, you'll save about $29,283 over 20 years on electricity costs with a 5 kW system in Chino Valley, AZ. We generate this estimate based on real solar quote data from our Marketplace. It considers your system's cost, the federal tax credit, and inflation rates.

If you don't have access to net metering, these estimates don't account for utility net billing rates.

Payback Period
8.68 Years
20-Year Savings
$29,283
Cost-per-Watt
$2.42

If you can't shell out $12,096 in cash to pay for solar, don't sweat it. You can choose to finance your system with a loan instead. Some companies even offer $0-down loans so you can start saving on day one if your loan payments are less than your current electric bills. Just keep in mind that your long-term savings will be lower with a loan due to interest rates.

Find out what solar panels cost in your area in 2024
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The numbers we're showing are averages. The price you'll pay for solar depends on many factors unique to you and your home:

If you're looking for solar companies in AZ, here are some popular suggestions:

  • IntegrateSun, LLC
    Phoenix, AZ
    Established 2010
    Elite+ Installer
    IntegrateSun is an Earth based company that is successfully navigating oily waters. We chose to be in the busines...
    Elite+ Installer
    Screened & Verified

    IntegrateSun is an Earth based company that is successfully navigating oily waters. We chose to be in the busines...
  • Solar Optimum
    Peoria, AZ
    Established 2008
    Elite+ Installer
    Since 2008, Solar Optimum continues to be the leader in supplying solar energy systems, back-up battery storage a...
    Elite+ Installer
    Screened & Verified

    Since 2008, Solar Optimum continues to be the leader in supplying solar energy systems, back-up battery storage a...
  • Simple Solar
    Phoenix, AZ
    Established 2022
    Elite Installer
    Simple Solar is a local Arizona-based vertical integrator, which means we handle all aspects of your solar projec...
    Elite Installer
    Screened & Verified
    5.0 /5.0
    32 Reviews

    Simple Solar is a local Arizona-based vertical integrator, which means we handle all aspects of your solar projec...
  • Sunny Energy
    Tempe, AZ
    Established 2009
    Elite Installer
    We believe that going solar should not be complicated or expensive. When you combine the best installation practi...
    Elite Installer
    Screened & Verified

    We believe that going solar should not be complicated or expensive. When you combine the best installation practi...
  • Elevation
    Chandler, AZ
    Established 2014
    Elite Installer
    Elevation is one of the nation’s largest providers of residential solar, storage, energy efficiency, and energy i...
    Elite Installer
    Screened & Verified

    Elevation is one of the nation’s largest providers of residential solar, storage, energy efficiency, and energy i...

Solar is a major purchase, but you can get the price tag to come down a bit by being an educated shopper. Taking advantage of incentives and rebates and shopping around for quotes can bring down your cost of solar in Chino Valley, AZ.

Take advantage of federal and local solar incentives

As long as your federal tax bill is high enough, you can take advantage of the federal tax credit in Chino Valley, AZ. This incentive allows you to apply 30% of your solar installation and equipment costs toward your federal tax bill. If the amount exceeds your tax bill, you can roll over the remaining credit to the following year. Many states also offer great local incentives and rebates.

Get quotes from multiple installers

Comparing multiple solar quotes can save you money through competition and transparency. Each additional quote you receive for solar will help you find the right solar panel system at the right price.

This is where EnergySage can help. With funding from the Department of Energy’s SunShot Prize, EnergySage opened the country’s first (and now the largest) marketplace for home solar panel installations. We gather custom solar quotes from local installers on your behalf and put them in an easy-to-compare format. When you compare quotes for solar panels on the EnergySage Marketplace, you can expect to see prices up to 20% lower than if you work with a single solar company.

Why shop with EnergySage?

Save time & money

Request free quotes from vetted installers in minutes

Unbiased support

Our expert Energy Advisors will help you make the right decision

Trusted, local installers

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