Solar Panel Cost Guide in Cudahy, CA (2024 Update)
- Cudahy Solar Installation Cost: $6,920
- 25-Year Savings: $13,325
- Payback Period: 9.2 Years
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Average Cost of Solar Panels in Cudahy
Here’s how much it might cost to go solar in Cudahy.
The national average cost of solar panels is $2.66 per watt, but in Cudahy it’s 3 per watt.The average Cudahy homeowner needs a 2.8-kilowatt system, which would cost about $6,920 with the federal tax credit, or $9,896 before the 0 tax credit is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The actual cost of installing solar panels can vary quite a bit depending on several factors, such as what size system you need, your energy usage and what solar installer you go with.For most homeowners, the upfront investment in solar is worth paying. On average homeowners in Cudahy see about $25,000 in savings on energy bills over 20 years.
You can click the button below to get connected with a vetted solar installer in Cudahy that can help you get a more accurate cost estimate for your home.
Solar savings over time in Cudahy
Year | Return on Investment |
---|---|
1 years | $-5,736 |
3 years | $-3,366 |
5 years | $-997 |
7 years | $1,373 |
9 years | $3,742 |
11 years | $6,112 |
13 years | $8,481 |
15 years | $10,851 |
17 years | $13,220 |
19 years | $15,590 |
21 years | $17,959 |
23 years | $20,329 |
25 years | $22,698 |
Top Solar Installers in Cudahy
Although you can install solar panels by yourself, it involves extra labor and expertise. Because of that, the majority of homeowners choose to go with a solar panel installer. Plus, if you’d like to maximize your investment in solar, using a solar installer can help with that as well. Different providers can offer repairs, expertise on installation and sometimes even information on local incentives, rebates and net metering programs.
Working with a vetted solar installer can help you make the most of your investment in solar. Here are our recommendations:
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
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 Cudahy
Factors that Affect Solar Panel Costs in Cudahy
Although the average cost of a solar system in Cudahy is $6,920, your final cost may be higher or lower than that. There are many factors that can have a sizable impact on the cost of a solar system installation. Below are some of the more important things to consider.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of adopting solar energy 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 spend about $3,470 per kilowatt in Cudahy.The solar equipment you choose can increase or decrease your cost 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 over time on your electric bills. In addition, extra products, such as solar batteries, can bring your total well above the Cudahy average.
Solar Financing Terms
Solar panels can save you money on power bills over time, but they can also be a significant investment. That’s why many Cudahy homeowners decide 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 can only get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or securing a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
The remaining significant cost factor you should take into consideration is the installer you choose. Given the massive popularity of green energy solutions in Cudahy, you’ll have plenty of options to choose from, but each comes at different price points for labor and equipment.Some companies only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It’s best to do some research and find a company that offers the products, warranties and services you want and also is within your budget.
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 | $24,370 | 9.6 years |
8 kW | $3.54 | $19,821 | $32,882 | 9.4 years |
10 kW | $3.47 | $24,290 | $41,589 | 9.2 years |
12 kW | $3.40 | $28,565 | $50,489 | 9.0 years |
14 kW | $3.33 | $32,646 | $59,584 | 8.8 years |
16 kW | $3.26 | $36,532 | $68,874 | 8.7 years |
18 kW | $3.19 | $40,224 | $78,357 | 8.5 years |
20 kW | $3.12 | $43,722 | $88,035 | 8.3 years |
How to Save on Solar Panels
Since the type of solar panels and the installer you choose significantly impacts your costs and your system’s efficiency, production, and durability, it’s important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Reputation: Solar system installers that have great reviews from their customers and that have been operating for many years likely provide quality solar panel installation and expertise.
- Warranty: A high-quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, durability and energy efficiency. They will come at different costs as well. The company you choose impacts which solar panel brands you have access to.
- Installation Process: When going solar, it’s important to keep an open line of communication with your solar installer. Make sure you understand how the installation process works and the completion 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 for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
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 Cudahy, CA Solar Cost FAQs
What is the average cost of installing solar panels in Cudahy?
The average cost of solar panels in Cudahy is about $17,350 for a 5-kW system and $34,700 for a 10-kW system before the ITC, but the actual cost will depend on things such as the type of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in Cudahy?
Leasing solar panels can be an option if you can’t pay upfront or secure a solar loan, but since you don’t own the system, you don’t have access to many solar incentives. Also your property 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.
Does Cudahy have a net metering program?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just offer you credit toward your future energy bills.
How long do solar panels last in Cudahy?
On average, the lifespan of solar panels is 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.