Solar Panel Cost Guide in Bear Valley Springs, CA (2023 Update)
- Bear Valley Springs Solar Installation Cost: $5,536
- 25-Year Savings: $15,753
- Payback Period: 6.5 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Bear Valley Springs
Find out how much it might cost to switch to solar power in Bear Valley Springs.
Although the national average of solar panels is $2.66 per watt, solar panels in Bear Valley Springs generally cost about 2.73. Since a 2.9-kW system is needed to cover the energy consumption of a typical home in Bear Valley Springs, the average price of going solar will be about $5,542 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 true cost of installing solar panels can vary quite a bit depending on a few factors, such as what size system you need, your energy consumption and what installation company you go with. With typical savings of about $28,000 on electricity bills over 20 years, many homeowners in Bear Valley Springs find going solar can be quite rewarding.
To calculate your potential savings and connect with a local solar company, click the button below.
Solar savings over time in Bear Valley Springs
| Year | Return on Investment |
|---|---|
| 1 years | $-5,466 |
| 3 years | $-5,324 |
| 5 years | $-5,182 |
| 7 years | $-5,040 |
| 9 years | $-4,898 |
| 11 years | $-4,756 |
| 13 years | $-4,614 |
| 15 years | $-4,472 |
| 17 years | $-4,330 |
| 19 years | $-4,188 |
| 21 years | $-4,046 |
| 23 years | $-3,904 |
| 25 years | $-3,762 |
Top Solar Installers in Bear Valley Springs
Many homeowners choose to use a solar installer since figuring out how to install solar panels yourself can be hard. Companies can also offer access to various kinds of the best solar panels and help you pick which one will be right for you.
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
See all of the solar companies in Bear Valley Springs
Factors that Affect Solar Panel Costs in Bear Valley Springs
The cost of installing a solar system in Bear Valley Springs can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The largest one is the size of the system your home needs, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power generation use 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 brand and type of equipment you get for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these are often more expensive 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. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Bear Valley Springs to be prohibitively costly, even if the investment pays off over time. Thankfully, nearly every solar installer in the area provides financing options. Solar loans remarkably decrease upfront costs for most homeowners, but they also result in paying more over time due to interest. It's wise to add the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it'll take to pay off the loan.
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 Bear Valley Springs is the company you get to install your solar system. Similar to choosing a company to renovate your kitchen, for example, there's no shortage of solar installers that offer a range of services for different budgets. Some companies only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It's best to do some research and decide on the company that has the products, warranties and services you want and also is within your budget.
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
The solar installer you go with will be a major factor in determining not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should consider, including:
- Contract: When reading over your solar company'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 component breaking or the company going out of business.
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to align on any details you need to know with your solar installer, such as what permits you should secure and how long the project will take.
- Reputation: Solar installers that have great reviews from their customers and that have been in business for many years in most cases offer high-quality solar panel installation and expertise.
- Solar Panel Brands: The brand of solar panel you need to get plays a role in which company you should go with, since different companies offer 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
EcoWatch's Bear Valley Springs, CA Solar Cost FAQs
What is the average cost of installing solar panels in Bear Valley Springs?
This is a tough question to answer precisely, because the cost depends on a variety of factors. Broadly speaking, it costs about $13,650 for a 5-kW system and $27,300 for a 10-kW system after the ITC is applied. You can expect to pay more if you want other solar equipment or more efficient panels, or if you have higher-than-average energy needs. Conversely, you can spend less if you go with a smaller solar panel system or less efficient solar panels.
What other factors should I consider aside from cost when buying solar panels?
Cost is definitely one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Can you sell solar power back to the grid in Bear Valley Springs?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just give you credit toward your future electricity bills.
How often do you have to replace solar panels?
Even 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 the amount of energy they produce will have decreased significantly after that point. You can decide to replace them after having them for that long or you can keep using 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.