Solar Panel Cost Guide in Artesia, CA (Jan 2023)
- Artesia Solar Installation Cost: $5,446
- 25-Year Savings: $13,323
- Payback Period: 7.3 Years
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Updated January 20, 2023
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Average Cost of Solar Panels in Artesia
Find out what the average cost of solar panels are in Artesia.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Artesia, the average cost of a solar system is $3 per watt. Using this figure, a typical 2.9 would cost about $5,446 before the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar energy system. The true cost of installing solar panels can vary quite a bit based on several factors, such as how many panels you need, your energy usage and what company you go with. But, once you've paid the initial cost of installation, the return on investment for most homeowners is quite fruitful, with a net average savings of about $25,000 over 20 years on utility bills.
For a free quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Artesia
Year | Return on Investment |
---|---|
1 years | $-4,696 |
3 years | $-3,194 |
5 years | $-1,693 |
7 years | $-191 |
9 years | $1,310 |
11 years | $2,812 |
13 years | $4,314 |
15 years | $5,815 |
17 years | $7,317 |
19 years | $8,818 |
21 years | $10,320 |
23 years | $11,821 |
25 years | $13,323 |
Top Solar Installers in Artesia
Although it's possible to install solar panels by yourself, it requires extra labor and handiness. For that reason, the majority of homeowners choose a solar panel installer. Companies can also provide access to various kinds of the best solar panels and help you choose which one will be right for your home.
There are various licensed solar professionals that can install solar panels for you. Here are our suggestions:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Artesia
Factors that Affect Solar Panel Costs in Artesia
There are many criteria that can determine your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
The size of the solar panel system you need for your household, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by about $2,730. There are a lot of different solar panel brands and the one you choose also changes the cost. In many cases, the brands that have better efficiency tend to also cost more. In addition, the type of equipment you choose can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a significant investment. That's why many Artesia homeowners decide to finance their solar panel systems to make going solar more affordable. When considering your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
The solar panel installation company you select will play a role in your total cost to go solar. Different companies will charge different amounts for the equipment and labor. Larger national companies usually have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or extra services like electric vehicle charger installation, they might be cheaper overall.
Solar Panel Cost Data by System Size
System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
---|---|---|---|---|
6 kW | $2.84 | $11,925 | $27,602 | 7.5 years |
8 kW | $2.78 | $15,594 | $37,109 | 7.4 years |
10 kW | $2.73 | $19,110 | $46,769 | 7.3 years |
12 kW | $2.68 | $22,473 | $56,581 | 7.1 years |
14 kW | $2.62 | $25,684 | $66,546 | 7.0 years |
16 kW | $2.57 | $28,741 | $76,664 | 6.8 years |
18 kW | $2.51 | $31,646 | $86,935 | 6.7 years |
20 kW | $2.46 | $34,398 | $97,359 | 6.5 years |
How to Save on Solar Panels
There are a lot of companies available in Artesia, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, so here are some tips to help you decide:
- Warranty: If you're concerned about the longevity of your solar panel system, ensuring your company offers a 25-year, all-inclusive warranty can help put you at ease.
- Installation Process: Homeowners should make sure they understand how exactly the installation process will be carried out, as well as important factors like the completion timeline.
- Solar Panel Brands: Different companies will carry different brands and types of panels. If you want a specific brand, make sure the solar company you're considering has it.
- Contract: Before you sign a contract with a solar company, make sure you look it over completely so you understand the terms. Also, ask questions if you're not sure about some of the terms, such as what the warranty covers and what services you can expect from them.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Artesia, CA Solar Cost FAQs
How much does it cost to install solar panels in Artesia?
The average cost of solar panels in Artesia is about $13,650 for a 5-kW system and $27,300 for a 10-kW system before the ITC, but the real cost will depend on stuff such as the type of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in Artesia?
Leasing solar panels can be an option if you can't afford to pay upfront or get a solar loan, but since you don't own the system, you don't have access to many solar incentives. Also your home value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.
Can you sell solar power back to the grid in Artesia?
Most states offer net metering programs of some kind. Through these, you can either receive compensation for the extra power your system produces or or receive credits to put toward future energy bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
What solar power system size is right for my home?
To figure out how many solar panels you need, you need to know how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average home will need 20 to 35 panels.
Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.