Solar Panel Cost Guide in Blackhawk, CA (2024 Update)
- Blackhawk Solar Installation Cost: $7,395
- 25-Year Savings: $20,513
- Payback Period: 7.0 Years
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Average Cost of Solar Panels in Blackhawk
Find out how much it might cost to go solar in Blackhawk.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Blackhawk, the average cost of solar panels is 3 per watt.To cover the typical energy needs of the average home in Blackhawk, most homeowners require a 3.0-kilowatt system. Using the figure above, a solar installation costs about $7,395, or $10,575 before the federal solar tax credit of 0 is applied.
Bear in mind that the figures above are only estimates based on the average energy use of Blackhawk homeowners. The cost of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor.But, once you've paid the initial cost of installation, the ROI for most homeowners is usually good, with a net average savings of about $33,000 over 20 years on utility bills.
To get a free quote from a top solar company in Blackhawk, you can click the button below.
Solar savings over time in Blackhawk
Year | Return on Investment |
---|---|
1 years | $-5,857 |
3 years | $-2,781 |
5 years | $295 |
7 years | $3,371 |
9 years | $6,446 |
11 years | $9,522 |
13 years | $12,598 |
15 years | $15,674 |
17 years | $18,750 |
19 years | $21,825 |
21 years | $24,901 |
23 years | $27,977 |
25 years | $31,053 |
Top Solar Installers in Blackhawk
When switching to solar energy, many homeowners choose to hire a solar installation company since installing a solar system yourself can be a difficult project. Local solar installation companies can also help you optimize your return on investment by assisting with any local incentives you can take advantage of and by providing warranties and repairs.
If you’d like to go solar but still aren’t sure which solar system installer to go with, here are our recommendations for providers 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 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 Blackhawk
Factors that Affect Solar Panel Costs in Blackhawk
There are a number of criteria that can play into your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more power your household consumes, the larger your system will likely need to be. You can expect to spend about $3,470 per kilowatt in Blackhawk.The brand and kind of equipment you want for your solar system can raise or lower 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 will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want extra equipment 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 Blackhawk to be too costly, even if the investment pays off over time. Thankfully, nearly every solar company in the area offers financing options. Solar loans greatly decrease upfront costs for most homeowners, but they also lead to paying more over time due to interest.However, the interest on solar loans also increases your all-in costs, so it’s vital to take that into consideration as well. You can always lower the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
The solar installation company you select will affect your total cost to adopt solar energy. Different companies will bill different amounts for the equipment and labor.You may see national solar installers that have lower prices due to their bigger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or promotions to compete with those major players.
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 | $36,738 | 7.3 years |
8 kW | $3.54 | $19,821 | $49,373 | 7.2 years |
10 kW | $3.47 | $24,290 | $62,202 | 7.0 years |
12 kW | $3.40 | $28,565 | $75,225 | 6.9 years |
14 kW | $3.33 | $32,646 | $88,443 | 6.7 years |
16 kW | $3.26 | $36,532 | $101,855 | 6.6 years |
18 kW | $3.19 | $40,224 | $115,461 | 6.5 years |
20 kW | $3.12 | $43,722 | $129,262 | 6.3 years |
How to Save on Solar Panels
Since the brand of solar panels and the company you choose has an impact on your costs and your system’s efficiency, production, and durability, it’s important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Reputation: Make sure your solar panel installer has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like the EcoWatch team.
- Solar Panel Brands: Not all solar installers offer the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you choose.
- Installation Process: Homeowners should make sure they know how exactly the installation process will go, as well as important factors like the project timeline.
- Contract: Read the contract terms closely to make sure you understand the total cost, project completion timeline rebates and warranties.
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 Blackhawk, CA Solar Cost FAQs
How much does it cost to install solar panels in Blackhawk?
This is a hard question to answer exactly, because the cost depends on a variety of factors. Generally 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 additional solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.
What other factors should I consider apart from cost when buying solar panels?
Cost is certainly one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
How will solar panels impact the value of my home?
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 Blackhawk is currently $2,033,290, which means you could be looking at a value of about $83,365 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Blackhawk is a rewarding investment.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount 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.