Solar Panel Cost Guide in Compton, CA (2023 Update)
- Compton Solar Installation Cost: $5,446
- 25-Year Savings: $13,945
- Payback Period: 7.0 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Compton
Let's take a look at the average cost of solar panels in Compton.
The national average cost of solar panels is $2.66 per watt, but in Compton it's 2.73 per watt. Since a 2.9-kW system is needed to cover the energy needs of a typical home in Compton, the average price of going solar will be about $5,446 after claiming the federal solar tax credit of 30%.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The exact cost of installing solar panels can vary based on multiple factors, such as how many panels you need, your energy consumption and what company you go with. For most homeowners, the upfront cost of solar is worth paying. On average homeowners in Compton see about $26,000 in savings on utility bills over 20 years.
To receive a free estimate from a vetted solar installation company in Compton, you can click the button below.
Solar savings over time in Compton
| Year | Return on Investment |
|---|---|
| 1 years | $-4,671 |
| 3 years | $-3,119 |
| 5 years | $-1,568 |
| 7 years | $-17 |
| 9 years | $1,534 |
| 11 years | $3,086 |
| 13 years | $4,637 |
| 15 years | $6,188 |
| 17 years | $7,740 |
| 19 years | $9,291 |
| 21 years | $10,842 |
| 23 years | $12,394 |
| 25 years | $13,945 |
Top Solar Installers in Compton
When going solar, many homeowners opt to go with a solar company since handling can be a challenging project. Solar warranties and repairs are usually included in the cost of installation when you hire a solar company as well, which can save you more money over time.
There are a number of licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Compton
Factors that Affect Solar Panel Costs in Compton
Though the average cost of a solar system in Compton is $5,446, your final cost may be higher or lower than that. There are quite a few factors that can have a major impact on the cost of a residential solar panel installation. Below are some of the more important things to consider.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. Because of that, it's crucial to accurately gauge the size of the solar energy system needed for your home by figuring out your average energy use. The solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more in the long run on your electric bills. In addition, extra products, like solar batteries, can bring your total well above the Compton average.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be difficult. Solar loans are available from most installers in Compton, which can reduce, or in some cases eliminate, your upfront costs to make solar more accessible. It's a good idea to add the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it'll take to pay back the loan.
Solar Panel Installation Company
The solar company you pick will affect your total cost to make the switch to solar . Different companies will bill different amounts for the equipment and labor. You may notice 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 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 | $28,913 | 7.3 years |
| 8 kW | $2.78 | $15,594 | $38,856 | 7.2 years |
| 10 kW | $2.73 | $19,110 | $48,952 | 7.0 years |
| 12 kW | $2.68 | $22,473 | $59,201 | 6.9 years |
| 14 kW | $2.62 | $25,684 | $69,603 | 6.7 years |
| 16 kW | $2.57 | $28,741 | $80,158 | 6.6 years |
| 18 kW | $2.51 | $31,646 | $90,866 | 6.5 years |
| 20 kW | $2.46 | $34,398 | $101,727 | 6.3 years |
How to Save on Solar Panels
The solar company you opt for will influence not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should take into account, such as:
- 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 such as a system component breaking or the company going out of business.
- Installation Process: When making the switch to solar power, it's essential to maintain an open line of communication with your solar panel installer. Make sure you understand how the installation process works and the project completion timeline.
- Warranty: A quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: The type of solar panel you need to install plays a part in which company you should go with, since different companies provide different panels.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Compton, CA Solar Cost FAQs
How much does it cost to install solar panels in Compton?
The average cost of solar panels in Compton is about $13,650 for a 5-kW system and $27,300 for a 10-kW system before the ITC, but the real cost will depend on stuff like the kind of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Compton?
You can't get solar panels for free in Compton. However, you may still be able to get 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 electricity bills after switching to solar?
Solar panels can potentially eliminate your electricity bills depending on where you're located and how much sunlight your home gets. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $1,361.25 per year.
How many solar panels should I get to power my home?
To figure out what solar panel system size you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average household 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.