Solar Panel Cost Guide in Capitola, CA (Jan 2023)
- Capitola Solar Installation Cost: $5,867
- 25-Year Savings: $20,464
- Payback Period: 5.6 Years
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Top Solar Installers in Capitola
Installing solar panels by yourself can be a stressful undertaking, which is why getting a solar installer is a good option for many homeowners. A solar installer can also help save you money in the long run by providing warranties, repairs and component replacements.
If you're on the hunt for a solar company in Capitola, the EcoWatch team has put together a list of our top suggestions here:
See all of the solar companies in Capitola
Factors that Affect Solar Panel Costs in Capitola
For many Capitola homeowners, the decision to go solar rests on cost. However, the range of solar installation costs can be quite wide in Capitola, with typical prices between $20,000 to $40,000. There are a number of factors that greatly influence the price you'll pay, which we'll go over below.
When it comes to estimating the cost of a solar panel system in Capitola, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home's energy usage, which you can determine by looking at past energy bills. Your overall cost can increase by around $2,730 for each additional kilowatt you need. 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, more efficient panels could save you more in the long run on your power bills. In addition, add-on products, such as solar batteries, can bring your total well above the Capitola average.
Solar Financing Terms
If paying for solar panels out of pocket is difficult, solar loans are a solid choice because they reduce your upfront costs and let you pay for your system over a term of, on average, between five and seven years. When figuring out your overall cost, you should also calculate the interest you'll pay if you choose to go with a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Capitola is the company you get to install your PV system. As with choosing a company to install new cabinets, for instance, you'll have no shortage of solar installers that offer a range of services at different costs. You may notice national solar installers that have lower prices because of their bigger brand name and access to bulk equipment prices, 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
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 find the right company for you, here are some tips to keep in mind:
- Warranty: If you care about the longevity of your solar panel system, making sure your company offers a 25-year, all-inclusive warranty can help put you at ease.
- 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 big role in the company you go with.
- Contract: When reading over your solar company's contract, ask questions 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.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to do the job well. Another way you can look into your installer's reputation is by reading reviews.
EcoWatch's Capitola, 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.