Solar Panel Cost Guide in Castroville, CA (2023 Update)
- Castroville Solar Installation Cost: $5,542
- 25-Year Savings: $20,789
- Payback Period: 5.3 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Castroville
We break down average solar pricing in Castroville.
While the national average of solar panels is $2.66 per watt, solar panels in Castroville generally cost about 2.73. Because a 2.9-kW system is needed to cover the energy needs of a typical home in Castroville, the average price of going solar will be about $5,542 after claiming the federal solar tax credit of 30%.
These figures are only estimates, and the cost of going solar for you will differ based on your specific situation and what company you go with. For most homeowners, the upfront investment in solar panels is worth paying. On average Castroville homeowners see about $34,000 in savings on energy bills over 20 years.
To see your potential savings and connect with a local solar expert, click the button below.
Solar savings over time in Castroville
Year | Return on Investment |
---|---|
1 years | $-4,489 |
3 years | $-2,382 |
5 years | $-276 |
7 years | $1,831 |
9 years | $3,937 |
11 years | $6,044 |
13 years | $8,150 |
15 years | $10,257 |
17 years | $12,363 |
19 years | $14,470 |
21 years | $16,576 |
23 years | $18,683 |
25 years | $20,789 |
Top Solar Installers in Castroville
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can use up a lot of your time and energy. Using a solar company can make swapping over to solar power much easier. The expertise that solar companies offer can be invaluable as well, particularly if you don't quite know what type of solar equipment you need.
You can get a free estimate from a local solar installer on how much your investment in solar 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 Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
See all of the solar companies in Castroville
Factors that Affect Solar Panel Costs in Castroville
Although the average cost of a solar system in Castroville is $5,542, your final cost may be above or below the average. There are many factors that can have a significant impact on the cost of a solar system installation. Below are some of the more important things to consider.
Solar Equipment
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, your total will most likely increase by about $2,730. There are a lot of different solar panel brands and the one you choose also affects the cost. In general, the brands that are more efficient tend to also cost more. Additionally, the type of equipment you're looking to install can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar companies in Castroville provide solar loans, which reduce your upfront costs of installing solar. Though solar loans make adopting solar energy more accessible for Castroville homeowners, they can also raise the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
A final consideration when trying to estimate the cost of solar for your home or business in Castroville is the company you hire to install your solar panel system. Similar to choosing a company to build a deck or pool, for example, you'll have many options for solar installers that offer a range of services at different price points. Larger national companies usually have lower costs, but some local companies compete with them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or additional services like electric vehicle 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 | $42,509 | 5.5 years |
8 kW | $2.78 | $15,594 | $56,984 | 5.4 years |
10 kW | $2.73 | $19,110 | $71,612 | 5.3 years |
12 kW | $2.68 | $22,473 | $86,394 | 5.2 years |
14 kW | $2.62 | $25,684 | $101,328 | 5.1 years |
16 kW | $2.57 | $28,741 | $116,414 | 5.0 years |
18 kW | $2.51 | $31,646 | $131,654 | 4.8 years |
20 kW | $2.46 | $34,398 | $147,047 | 4.7 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since choosing a company can be difficult, we have some tips to help you, such as:
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, longevity and energy efficiency. They will come at different price points as well. The company you choose plays a role in which solar panel brands you have access to.
- Contract: Before you sign a contract with a solar company, make sure to read it through carefully so you understand the terms. Also, ask questions if you're unsure about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
- Reputation: Long-running companies likely have a good reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Installation Process: When making the switch to solar energy, it's crucial to maintain an open line of communication with your solar installer. Make sure you understand how the installation process will go and the project timeline.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Castroville, CA Solar Cost FAQs
What is the average cost of installing solar panels in Castroville?
This is a tough question to answer exactly, because the cost depends on a few different factors. Generally speaking, it costs about $13,650 for a 5-kW system and $27,300 for a 10-kW system after the ITC is applied. It will be more expensive if you want extra solar equipment or higher quality panels, or if you have above-average energy needs. Conversely, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
Should I lease or buy solar panels in Castroville?
Leasing solar panels can be an option if you can't afford to pay upfront or secure a solar loan, but since you don't own the system, you can't take advantage of many solar incentives. Also your home value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most financial benefits from going solar.
Is it worth going solar in Castroville?
Whether or not solar panels are worth it depends on a variety of factors like the cost of electricity near you and how much direct sunlight your roof gets.
How long do solar panels last in Castroville?
On average, solar panels can last 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 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.