Solar Panel Cost Guide in Bay Point, CA (2023 Update)
- Bay Point Solar Installation Cost: $5,818
- 25-Year Savings: $20,513
- Payback Period: 5.5 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated September 15, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in Bay Point
We break down average solar pricing in Bay Point.
The national average cost of solar panels is $2.66 per watt, but in Bay Point it's 2.73 per watt. Since a 3.0-kW system is needed to cover the energy needs of a typical home in Bay Point, the average price of going solar will be about $5,809 after claiming the federal solar tax credit of 30%.
The prices above are just estimates to give you an idea of the cost of solar panels. The actual cost of going solar can vary depending on several factors, such as how many panels you need, your energy usage and what solar installer you go with. With typical savings of about $33,000 on power bills over 20 years, many homeowners in Bay Point find installing solar panels can be quite rewarding.
To receive a free estimate from a top solar installer in Bay Point, you can click the button below.
Solar savings over time in Bay Point
| Year | Return on Investment |
|---|---|
| 1 years | $-4,280 |
| 3 years | $-1,204 |
| 5 years | $1,872 |
| 7 years | $4,948 |
| 9 years | $8,023 |
| 11 years | $11,099 |
| 13 years | $14,175 |
| 15 years | $17,251 |
| 17 years | $20,327 |
| 19 years | $23,402 |
| 21 years | $26,478 |
| 23 years | $29,554 |
| 25 years | $32,630 |
Top Solar Installers in Bay Point
When making the switch to solar, many homeowners prefer to go with a solar installation company since installing a solar system yourself can be a difficult project. Plus, if you're not certain what type of solar panels and equipment you need, a solar company can help you find the right equipment for you after a site survey and consultation.
You can get a free estimate from a local solar installer on how much your investment in solar could cost for your home. Here are some nearby:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
See all of the solar companies in Bay Point
Factors that Affect Solar Panel Costs in Bay Point
For many Bay Point homeowners, the decision to install a solar energy system depends on cost. However, the range of solar installation costs can be quite wide in Bay Point, with typical prices between $20,000 to $40,000. There are various factors that greatly influence the price you'll pay, which we'll go over below.
Solar Equipment
The size of the solar panel system you need for your home, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $2,730. The type of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more in the long run on your power bills. Additionally, add-on products, such as solar batteries, can bump up your total well above the Bay Point average.
Solar Financing Terms
Many homeowners find the average cost of solar in Bay Point to be too steep, even if the investment pays off over time. Thankfully, almost every solar installer in the area provides financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also lead to higher prices over time because of interest. Even though solar loans make going solar more accessible for Bay Point 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 avoid paying as much in interest.
Solar Panel Installation Company
The last key cost factor you should take into consideration is the installer you choose. Given the massive popularity of green energy solutions in Bay Point, you'll have lots of options to choose from, but each comes at different price points for labor and equipment. Larger national companies usually have lower costs, but some local companies compete with them by offering sales and discounts. While the smaller companies might not have access to 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 | $39,971 | 5.7 years |
| 8 kW | $2.78 | $15,594 | $53,600 | 5.6 years |
| 10 kW | $2.73 | $19,110 | $67,382 | 5.5 years |
| 12 kW | $2.68 | $22,473 | $81,317 | 5.4 years |
| 14 kW | $2.62 | $25,684 | $95,405 | 5.3 years |
| 16 kW | $2.57 | $28,741 | $109,646 | 5.2 years |
| 18 kW | $2.51 | $31,646 | $124,039 | 5.1 years |
| 20 kW | $2.46 | $34,398 | $138,586 | 5.0 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because selecting a company can be a tough decision, we have some tips to help you, such as:
- Reputation: Companies that have been operating for many years likely have a good reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Contract: Though reading through a contract can take a lot of time, it's important to do it thoroughly so you can make sure you understand how much the equipment and services will cost and the terms of the warranty.
- Warranty: Companies typically offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you choose.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
EcoWatch's Bay Point, CA Solar Cost FAQs
What is the average cost of installing solar panels in Bay Point?
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 higher-than-average energy usage. Conversely, you can spend less if you go with a smaller solar panel system or less efficient solar panels.
Should I lease or buy solar panels in Bay Point?
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 bang for your buck from going solar.
Is it worth going solar in Bay Point?
Whether or not solar panels are worth it depends on a variety of factors like how much you pay for electricity and how much direct sunlight your roof gets.
How long do solar panels last in Bay Point?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is their energy production will have decreased significantly after that point. You can replace them once you've had them for that long or you can continue to use them at a lower efficiency.
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.