Best 4 Solar Companies in Prescott, AZ

How To Choose the Best Solar Company in Prescott

The purchase price and performance of solar panels often rely on which company mounted them. Make your choice based on the following essential elements.

Licensing and Training

Arizona's Registrar of Contractors grants specialty licenses for solar thermal and PV installers. To install solar thermal systems, a contractor must be a licensed plumber, and for solar PV systems, they must be a licensed electrician. Solar installers can also pursue certificates from standards organizations and trade groups. The most prestigious ones in the industry come from the North American Board of Certified Energy Practitioners. Most company websites will prominently display earned credentials, but you should also ask your estimator for more information.

Cost of Solar Panels in Prescott

Different solar panel types look and perform differently. Monocrystalline panels offer the best energy production but cost more than other options and generally have the highest quality. Polycrystalline panels provide a lower price point but produce less power. Thin-film panels work well for small projects like RVs and sheds, but they're not ideal for larger installations due to their low performance.

Additional components, such as battery storage and electric vehicle (EV) chargers, will increase your overall installation costs. However, they might make your solar system more efficient and convenient to use. Not all solar companies provide these add-ons, so look for a contractor that sells them if it's essential for you.

You can plan to spend about $15,350 on average for a five-kilowatt solar energy system in Prescott. Check the table in this section to get an idea of how much Prescott solar companies might quote for your specific solar system's price.

Financing Solar Energy in Prescott

There are many ways to pay for new solar panels, and the right one will minimize your overhead. A few of the most common options include cash payments, leases, loans, and power purchase agreements (PPAs). We advise making a cash payment or securing a solar loan for the highest return on investment (ROI). Cash payments require a hefty sum up-front, but you’ll pay the least long-term by avoiding interest. You’ll also have full ownership of your system and can apply for solar panel incentives to minimize your total costs. Solar loans are another good option if you don’t want to make a big initial investment. You can pay for your system in installments while still benefiting from energy bill savings and solar incentives. However, you’ll pay more in total due to accruing interest. Solar leases involve paying a set monthly rate to use rooftop panels. A PPA (Power Purchase Agreement) lets you pay a monthly rate determined by the energy you use, similar to an electric bill. We usually don’t recommend these two choices because you won't own the solar system and cannot use solar incentives. Look for installers that offer several payment plans to find the right fit for your financial needs.

The table below lists the average payback periods for different capacities of solar systems in Prescott.

You can claim a 26% federal solar tax credit from the IRS for new residential solar systems purchased before 2032. Additionally, local governments and utilities may have their own financing plans and rebates that could reduce your total cost even more.