Solar Panel Cost Guide in Bonny Doon, CA (Feb 2023)
- Bonny Doon Solar Installation Cost: $5,867
- 25-Year Savings: $20,464
- Payback Period: 5.6 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Top Solar Installers in Bonny Doon
When switching to solar energy, many homeowners choose to go with a solar installation company since installing solar panels yourself can be a difficult project. Local solar companies can also help you optimize your return on investment by assisting with any local incentives and by offering warranties and repairs.
You can get a free estimate from a local solar installer on how much solar panels could cost for your home. Here are some nearby:
See all of the solar companies in Bonny Doon
Factors that Affect Solar Panel Costs in Bonny Doon
Cost is typically one of the most important factors for homeowners who are considering investing in solar. There are a few primary factors that will push your cost above or below the average in Bonny Doon: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
The size of the solar system you need to offset your energy usage, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $2,730. Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Bonny Doon, where sunlight is abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Solar panels can save you money on energy bills over time, but they can also be a significant investment. That's why many Bonny Doon homeowners choose to finance their solar panel systems to offset upfront costs. You'll have to consider the long-term cost of financing options, including the amount of interest you'll pay over the length of the loan. If you're only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
The solar company you pick will influence your total cost to adopt solar power. Different companies will bill different amounts for the equipment and labor. You may notice national solar installers that have lower prices due to their larger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or specials 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||$2.84||$11,925||$39,491||5.8 years|
|8 kW||$2.78||$15,594||$52,961||5.7 years|
|10 kW||$2.73||$19,110||$66,583||5.6 years|
|12 kW||$2.68||$22,473||$80,359||5.5 years|
|14 kW||$2.62||$25,684||$94,287||5.4 years|
|16 kW||$2.57||$28,741||$108,368||5.2 years|
|18 kW||$2.51||$31,646||$122,602||5.1 years|
|20 kW||$2.46||$34,398||$136,989||5.0 years|
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since choosing a company can be a challenge, we have some tips to help you, such as:
- Warranty: If you're concerned about the durability of your solar system, verifying that your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Contract: When looking through your solar company's contract, ask for clarification about any terms you're not sure of and make sure you understand what happens in scenarios like a system part breaking or the company going out of business.
- Solar Panel Brands: Different companies carry different brands and kinds of panels. If you prefer a specific brand, make sure the solar installer you're considering has it.
- Reputation: Companies that have been in business for many years likely have a high reputation. This is important because it ensures that it will not only see your solar project through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
EcoWatch's Bonny Doon, CA Solar Cost FAQs
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.