Solar Panel Cost Guide in Bear Valley Springs, CA (Mar 2023)
- Bear Valley Springs Solar Installation Cost: $5,542
- 25-Year Savings: $15,748
- Payback Period: 6.5 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Bear Valley Springs
We break down average solar pricing in Bear Valley Springs.
The national average cost of solar panels is $2.66 per watt, but in Bear Valley Springs it's 2.73 per watt. The average Bear Valley Springs homeowner needs a 2.9-kilowatt system, which would cost about $5,542 with the federal tax credit, or $7,925 before the 30% tax credit is applied.
These figures are only averages, and your own solar costs will most likely differ based on your specific situation and what company you want to go with. Despite the significant upfront cost, the average Bear Valley Springs homeowner can save around $28,000 on their electricity bills over 20 years, which is one of the perks of solar.
To receive a free quote from a highly rated solar installation company in Bear Valley Springs, you can click the button below.
Solar savings over time in Bear Valley Springs
| Year | Return on Investment |
|---|---|
| 1 years | $-4,690 |
| 3 years | $-2,987 |
| 5 years | $-1,284 |
| 7 years | $419 |
| 9 years | $2,122 |
| 11 years | $3,826 |
| 13 years | $5,529 |
| 15 years | $7,232 |
| 17 years | $8,935 |
| 19 years | $10,638 |
| 21 years | $12,341 |
| 23 years | $14,045 |
| 25 years | $15,748 |
Top Solar Installers in Bear Valley Springs
Do-it-yourself solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a headache. Using an installer can make swapping over to solar power much easier. Plus, if you're not certain what type of solar panels and equipment you need, a solar company can help you figure that out after a site survey and consultation.
You can work with a local solar installer to get a free quote on how much solar panels could cost for your home. Here are some near you:
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 Bear Valley Springs
Factors that Affect Solar Panel Costs in Bear Valley Springs
There are several factors that can affect your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power generation need better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,730. The 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, more efficient panels could save you more over time on your power bills. In addition, extra products, like solar batteries, can bring your total well above the Bear Valley Springs average.
Solar Financing Terms
Most solar companies in Bear Valley Springs provide solar loans, which reduce the initial cost of installing solar. However, the interest on solar loans also adds to your all-in costs, so it's vital to consider that as well. You can always reduce the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
A final factor to keep in mind when trying to figure out the cost of solar for your home or business in Bear Valley Springs is the company you hire to install your PV 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. Larger national companies usually have lower costs, but some local companies keep up with them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or extra services like electric car 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 | $32,166 | 6.8 years |
| 8 kW | $2.78 | $15,594 | $43,194 | 6.6 years |
| 10 kW | $2.73 | $19,110 | $54,374 | 6.5 years |
| 12 kW | $2.68 | $22,473 | $65,708 | 6.4 years |
| 14 kW | $2.62 | $25,684 | $77,194 | 6.2 years |
| 16 kW | $2.57 | $28,741 | $88,833 | 6.1 years |
| 18 kW | $2.51 | $31,646 | $100,625 | 6.0 years |
| 20 kW | $2.46 | $34,398 | $112,570 | 5.9 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Installation Process: Make sure you're aligned with the installer regarding how the installation process will go and what needs to be done before your solar system is installed, such as repairing your electrical system or roof.
- Contract: Review the contract terms closely to make sure you understand the cost breakdown, project completion timeline rebates and warranties.
- Reputation: Your solar installer should have a sound reputation as a company and have verifiable expertise in the field. Two ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from past customers.
- Solar Panel Brands: The type of solar panel you want to get plays a part in which installer you should opt for, since different companies have different panels.
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 Bear Valley Springs, CA Solar Cost FAQs
What is the average cost of installing solar panels in Bear Valley Springs?
The average cost of solar panels in Bear Valley Springs is about $13,650 for a 5-kW system and $27,300 for a 10-kW system before the ITC, but the actual cost will depend on certain factors such as the kind of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important thing to think about when buying solar panels?
The upfront cost is a very important factor to consider, but whether it's the most important for you depends on why you decided to go solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to take into account are the quality and durability of your solar panels.
Do solar panels increase your property value?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Bear Valley Springs is currently $270,100, so you could be looking at a value of about $11,074 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Bear Valley Springs is a rewarding investment.
How long do solar panels last in Bear Valley Springs?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level of energy production.
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.