Solar Panel Cost Guide in Arvin, CA (2023 Update)
- Arvin Solar Installation Cost: $5,542
- 25-Year Savings: $17,008
- Payback Period: 6.1 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Arvin
Let's have a look at the average cost of solar panels in Arvin.
In Arvin, solar panels cost about 2.73 per watt on average. To account for the typical energy needs of the average home in Arvin, most homeowners require a 2.9-kilowatt system. Using the figure above, a solar installation costs around $5,542, or $7,925 before the federal solar tax credit of 30% is applied.
Keep in mind that the figures above are only estimates based on the average Arvin homeowner. The cost of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor. Even with the significant initial cost, the average Arvin homeowner can save about $30,000 on their electricity bills over 20 years, which is one of the advantages of solar.
To calculate your potential ROI and connect with a local solar installer, click the button below.
Solar savings over time in Arvin
Year | Return on Investment |
---|---|
1 years | $-4,640 |
3 years | $-2,836 |
5 years | $-1,032 |
7 years | $772 |
9 years | $2,576 |
11 years | $4,380 |
13 years | $6,184 |
15 years | $7,988 |
17 years | $9,792 |
19 years | $11,596 |
21 years | $13,400 |
23 years | $15,204 |
25 years | $17,008 |
Top Solar Installers in Arvin
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can take a lot of hard work. Going with an installer can make your switch to solar power much easier. Companies can also have access to quality options of the best solar panels and help you choose which one will be right for your family.
There are several licensed solar professionals that can help you install your solar panels. 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 Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
See all of the solar companies in Arvin
Factors that Affect Solar Panel Costs in Arvin
Cost is often one of the most important factors for homeowners wanting to invest in solar. There are a few key factors that affect your total cost in Arvin: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. Because of that, it's crucial to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs. The kind of solar panels and equipment you choose is another factor that will greatly affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Moreover, solar equipment consists of more than just the solar panels themselves. You'll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when looking for a solar system that falls within your budget.
Solar Financing Terms
Solar panels can save you money on utility bills over many years, but they can also be a significant investment. That's why many Arvin homeowners choose to finance their solar panel systems to make going solar more affordable. However, the interest on solar loans also increases your total costs, so it's important to include that in your estimate as well. You can always reduce the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Arvin is the company you hire to install your solar panel system. Similar to choosing a company to renovate your kitchen, for instance, there are plenty of solar installers that provide a range of services for different budgets. You may come across national solar installers that have lower prices due to their bigger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or promotions to compete with those larger companies.
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 | $34,776 | 6.4 years |
8 kW | $2.78 | $15,594 | $46,674 | 6.3 years |
10 kW | $2.73 | $19,110 | $58,724 | 6.1 years |
12 kW | $2.68 | $22,473 | $70,928 | 6.0 years |
14 kW | $2.62 | $25,684 | $83,284 | 5.9 years |
16 kW | $2.57 | $28,741 | $95,793 | 5.8 years |
18 kW | $2.51 | $31,646 | $108,456 | 5.6 years |
20 kW | $2.46 | $34,398 | $121,271 | 5.5 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because picking a company can be a challenge, we have some tips to help you, such as:
- Solar Panel Brands: Each solar panel brand and kind has varying levels of quality, longevity and energy efficiency. They will come at different price points as well. The company you choose plays a role in which solar panel brands you have access to.
- Contract: When reading through your solar installer's contract, ask for clarification about any terms you're not sure of and be sure you understand what happens in scenarios like a system part breaking or the company going out of business.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to install your solar system. Another way you can verify your installer's reputation is by reading reviews.
- Warranty: A high-quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Arvin, CA Solar Cost FAQs
How much does it cost to install solar panels in Arvin?
This is a difficult question to answer precisely, because the cost depends on a few different factors. Generally speaking, it costs about $13,650 for a 5-kW system and $27,300 for a 10-kW system after the ITC is applied. It will be more expensive if you want extra solar equipment or higher quality panels, or if you have above-average energy consumption. On the flip side, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
Is it better to lease or buy solar panels in Arvin?
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 property 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 bang for your buck from going solar.
How much can I save on electricity bills after installing solar panels?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners throughout Arvin, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you'll want to check with a local solar installer to see how many panels can fit on your roof.
How many solar panels should I get to power my home?
To figure out how many solar panels you need, you need to know how much energy your home uses 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 household 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.