Solar Panel Cost Guide in Coarsegold, CA (2024 Update)
- Coarsegold Solar Installation Cost: $7,303
- 25-Year Savings: $23,082
- Payback Period: 6.3 Years
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Average Cost of Solar Panels in Coarsegold
Find out what the average cost of solar panel installation is in Coarsegold.
The average cost of solar panels in Coarsegold is 3 per watt.To cover the typical energy usage of the average home in Coarsegold, most homeowners require a 3.0-kilowatt system. Using the figure above, a solar installation costs about $7,303, or $10,443 before the federal solar tax credit of 0 is applied.
These figures are just averages, and your own solar costs will vary based on your specific situation and what company you go with.With average savings of about $38,000 on energy bills over 20 years, many homeowners in Coarsegold find going solar has a decent ROI.
To receive a free estimate from a vetted solar installation company in Coarsegold, you can click the button below.
Solar savings over time in Coarsegold
| Year | Return on Investment |
|---|---|
| 1 years | $-5,765 |
| 3 years | $-2,690 |
| 5 years | $386 |
| 7 years | $3,462 |
| 9 years | $6,538 |
| 11 years | $9,614 |
| 13 years | $12,689 |
| 15 years | $15,765 |
| 17 years | $18,841 |
| 19 years | $21,917 |
| 21 years | $24,993 |
| 23 years | $28,068 |
| 25 years | $31,144 |
Top Solar Installers in Coarsegold
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can be a pain. Using a solar panel installer can make your switch to solar power much easier. Solar warranties and repairs are typically included in the cost of installation when you go with a solar company too, which can save you more money after your upfront investment.
If you're looking for a solar installer in Coarsegold, the EcoWatch team has compiled a list of our top suggestions here:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 Coarsegold
Factors that Affect Solar Panel Costs in Coarsegold
Though the average cost of a solar system in Coarsegold is $7,303, your actual cost may be above or below the average. There are quite a few factors that can have a significant impact on the cost of a solar system installation. Below are some of the more crucial things to consider.
Solar Equipment
One of the most important factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more energy your household uses, the larger your system will likely need to be. You can expect to pay around $3,470 per kilowatt in Coarsegold.The kind of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more over time on your power bills. Additionally, extra products, like solar batteries, can bring your total well above the Coarsegold average.
Solar Financing Terms
Many homeowners find the average cost of solar in Coarsegold to be too costly, even if the investment pays off over time. Fortunately, nearly every solar installer in the area offers financing options. Solar loans drastically decrease upfront costs in most cases, but they also lead to higher prices over time due to interest.It’s wise to factor the interest you’ll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and the amount of time it’ll take to pay off the loan.
Solar Panel Installation Company
The solar installer you choose will play a role in your total cost to make the switch to solar . Different companies will bill different amounts for the equipment and labor.Additionally, some companies in Coarsegold know more about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save more money in the long run.
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 | $42,370 | 6.6 years |
| 8 kW | $3.54 | $19,821 | $56,882 | 6.5 years |
| 10 kW | $3.47 | $24,290 | $71,589 | 6.3 years |
| 12 kW | $3.40 | $28,565 | $86,489 | 6.2 years |
| 14 kW | $3.33 | $32,646 | $101,584 | 6.1 years |
| 16 kW | $3.26 | $36,532 | $116,873 | 6.0 years |
| 18 kW | $3.19 | $40,224 | $132,357 | 5.8 years |
| 20 kW | $3.12 | $43,722 | $148,035 | 5.7 years |
How to Save on Solar Panels
Since the kind of solar panels and the installer 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 things to keep in mind to help with your decision:
- Installation Process: When making the switch to solar energy, it’s important to maintain an open line of communication with your solar company. Make sure you understand how the installation process will go and the project timeline.
- Contract: When reading through your solar installer’s contract, ask questions about any terms you’re not sure of and be sure you understand what happens in scenarios such as a system component breaking or if the company goes out of business.
- Warranty: Warranties that cover panel repairs and maintenance over a couple decades are the gold standard in the business, and offering that kind of warranty is one indication of a good company.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to do the job well. Another way you can check your installer’s reputation is by reading reviews.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 Coarsegold, CA Solar Cost FAQs
How much does it cost to install solar panels in Coarsegold?
This is a hard question to answer precisely, because the cost depends on many factors. Broadly 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 other solar equipment or more efficient panels, or if you have above-average energy consumption. On the flip side, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
Can you get solar panels for free in Coarsegold?
You can’t get solar panels for free in Coarsegold. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d prefer to own your solar panels, you can finance them with a solar loan.
How much can I save on energy bills after installing solar panels?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners in Coarsegold, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you’ll want to check with a local solar installer to see how many panels can fit on your roof.
How many solar panels should I get to power my home?
To figure out how many solar panels you need, you should find out how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average home will need 20 to 35 panels.
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.