Solar Panel Cost Guide in Atherton, CA (2024 Update)
- Atherton Solar Installation Cost: $7,454
- 25-Year Savings: $20,467
- Payback Period: 7.1 Years
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Average Cost of Solar Panels in Atherton
We go over average solar pricing in Atherton.
While the national average of solar panels is $2.66 per watt, solar panels in Atherton generally cost around 3.The average solar panel system size in Atherton is around 3.1 kilowatts, meaning a cost of about $7,454 for a solar installation, or $10,659 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much a solar energy system could cost. The actual cost of installing solar panels can vary depending on a few factors, such as how many panels you need, your energy usage and what company you go with.With typical savings of about $33,000 on electricity bills over 20 years, many homeowners in Atherton find investing in solar can be quite rewarding.
You can click the button below to get connected with a top solar installer in Atherton that can help you get a more accurate cost estimate for your home.
Solar savings over time in Atherton
Year | Return on Investment |
---|---|
1 years | $-5,916 |
3 years | $-2,840 |
5 years | $236 |
7 years | $3,312 |
9 years | $6,388 |
11 years | $9,463 |
13 years | $12,539 |
15 years | $15,615 |
17 years | $18,691 |
19 years | $21,767 |
21 years | $24,842 |
23 years | $27,918 |
25 years | $30,994 |
Top Solar Installers in Atherton
DIY solar panel installation is a possibility, but it's an undertaking that can take a lot of hard work. Taking advantage of a solar company can make your switch to solar power much easier. Another good thing about choosing a vetted solar installer is that it'll likely provide warranties and free repairs, which help protect your investment.
If you’d like to switch to solar energy but still aren’t certain which solar panel company to go with, here are our recommendations for providers nearby:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
See all of the solar companies in Atherton
Factors that Affect Solar Panel Costs in Atherton
Cost is often one of the most important factors for homeowners considering investing in solar. There are a few major factors that will push your cost above or below the average in Atherton: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power generation need better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,470.The brand and type of equipment you want for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want extra equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
If paying for solar panels out of pocket is too expensive, solar loans are an affordable route because they reduce your upfront costs and let you pay for your system over five to seven years on average.Though solar loans make switching to solar energy more accessible for Atherton homeowners, they can also raise the total you pay for your system due to interest. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
A final factor to keep in mind when trying to estimate the cost of solar for your home or business in Atherton is the company you get to install your solar system. Similar to choosing a company to install new cabinets, for example, there’s no shortage of solar installers that offer a range of services at different price points.You may see national solar installers that have lower prices due to their larger brand name and access to bulk prices, 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 | $3.61 | $15,157 | $36,328 | 7.4 years |
8 kW | $3.54 | $19,821 | $48,826 | 7.2 years |
10 kW | $3.47 | $24,290 | $61,518 | 7.1 years |
12 kW | $3.40 | $28,565 | $74,404 | 6.9 years |
14 kW | $3.33 | $32,646 | $87,485 | 6.8 years |
16 kW | $3.26 | $36,532 | $100,760 | 6.7 years |
18 kW | $3.19 | $40,224 | $114,230 | 6.5 years |
20 kW | $3.12 | $43,722 | $127,894 | 6.4 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because selecting a company can be difficult, we have some tips to help you, such as:
- Installation Process: Get detailed information from your solar company about the installation process and what to expect, including when the site survey will be completed and what the project timeline is.
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years likely offer high-quality solar panel installation and expertise.
- Warranty: A high-quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: Before you sign a contract with a solar company, make sure you look it over carefully so you understand the terms. Also, ask questions if you aren’t sure about some of the terms, such as what to do if a part breaks or malfunctions and if there are any guarantees about energy production.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's Atherton, CA Solar Cost FAQs
How much does it cost to install solar panels in Atherton?
This is a hard question to answer precisely, because the cost depends on a few different factors. Broadly speaking, it costs about $17,350 for a 5-kW system and $34,700 for a 10-kW system after the ITC is applied. You can expect to pay more if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy usage. On the other hand, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
Should I lease or buy solar panels in Atherton?
Leasing solar panels can be an attractive choice, as it often comes with low or $0 upfront payments. The downside is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any incentives and your home value won’t increase. Buying solar panels is a better way to go if you want to maximize your savings.
Is making the switch to solar worth it?
Whether or not solar panels are worth it depends on a variety of factors like local electricity rates and the amount of direct sunlight your roof gets.
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 needs and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average house 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.