Solar Panel Cost Guide in Discovery Bay, CA (2024 Update)
- Discovery Bay Solar Installation Cost: $7,395
- 25-Year Savings: $20,513
- Payback Period: 7.0 Years
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Average Cost of Solar Panels in Discovery Bay
See how much it might cost to switch to solar power in Discovery Bay.
In Discovery Bay, solar panels cost about 3 per watt on average.To cover the typical energy usage of the average home in Discovery Bay, most homeowners require a 3.0-kilowatt system. Using the figure above, a solar installation costs around $7,395, or $10,575 before the federal solar tax credit of 0 is applied.
These figures are only averages, and your own solar costs will differ based on the amount of energy your home requires and what company you choose to go with.Many homeowners find going solar is a solid investment. The average homeowner in Discovery Bay can save about $33,000 on their energy bills over 20 years.
To get a free quote from a pre-vetted solar installation company in Discovery Bay, you can click the button below.
Solar savings over time in Discovery Bay
| Year | Return on Investment |
|---|---|
| 1 years | $-5,857 |
| 3 years | $-2,781 |
| 5 years | $295 |
| 7 years | $3,371 |
| 9 years | $6,446 |
| 11 years | $9,522 |
| 13 years | $12,598 |
| 15 years | $15,674 |
| 17 years | $18,750 |
| 19 years | $21,825 |
| 21 years | $24,901 |
| 23 years | $27,977 |
| 25 years | $31,053 |
Top Solar Installers in Discovery Bay
Trying to put up solar panels by yourself can be a stressful undertaking, which is why using a solar installer is a good option for many homeowners. Because solar panels are exposed to the elements every day, warranties and repairs from your solar company can help you get the most out of your investment in solar panels by avoiding potential costs down the line.
If you're looking for a solar company in Discovery Bay, we've compiled a list of our top suggestions here:
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 Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
See all of the solar companies in Discovery Bay
Factors that Affect Solar Panel Costs in Discovery Bay
Even though the average cost of a solar system in Discovery Bay is $7,395, your actual cost may differ. There are quite a few factors that can have a significant impact on the cost of a solar panel installation. Below are some of the more crucial things to take into consideration.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. For that reason, 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 brand and kind of equipment you want for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be challenging. Solar loans are provided by most installers in Discovery Bay, which can lower, or in some cases completely eliminate, your upfront costs to make solar more accessible.Even though solar loans make adopting solar energy more accessible for Discovery Bay homeowners, they can also increase the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar installer you go with to handle your switch to clean energy can play a role in your total costs. There are about 3 solar panel companies in Discovery Bay, and each can charge different amounts for labor and equipment.The company’s size sometimes plays the most considerable role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower prices because of greater resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing lower to compete with bigger names.
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 | $36,738 | 7.3 years |
| 8 kW | $3.54 | $19,821 | $49,373 | 7.2 years |
| 10 kW | $3.47 | $24,290 | $62,202 | 7.0 years |
| 12 kW | $3.40 | $28,565 | $75,225 | 6.9 years |
| 14 kW | $3.33 | $32,646 | $88,443 | 6.7 years |
| 16 kW | $3.26 | $36,532 | $101,855 | 6.6 years |
| 18 kW | $3.19 | $40,224 | $115,461 | 6.5 years |
| 20 kW | $3.12 | $43,722 | $129,262 | 6.3 years |
How to Save on Solar Panels
The solar panel company you choose will impact not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are some important things you should take into account, such as:
- Reputation: Your solar installer should have a solid reputation as a company and have proven expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from past customers.
- Contract: Read the contract terms thoroughly to make sure you understand the total cost, project timeline rebates and warranties.
- Solar Panel Brands: The brand of solar panel you need plays a role in which installer you should opt for, since different companies have different panels.
- Installation Process: Make sure you’re on the same page with the installer regarding how the installation process will go and what needs to be done before your solar system is installed, such as updating or replacing your electrical system or roof.
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 Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
EcoWatch's Discovery Bay, CA Solar Cost FAQs
How much does it cost to install solar panels in Discovery Bay?
This is a difficult question to answer exactly, because the cost depends on a variety of factors. Generally speaking, it costs about $17,350 for a 5-kW system and $34,700 for a 10-kW system after the ITC is applied. It will cost more if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy consumption. Conversely, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
Is it better to lease or buy solar panels in Discovery Bay?
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 don’t have access to 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 savings from going solar.
Can you sell solar power back to the grid in Discovery Bay?
The majority of states have net metering programs of some kind. Through these, you can either receive compensation for the extra power your system generates or or receive credits to put toward future utility bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How often do you have to replace solar panels?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is how much energy they produce will have decreased significantly after that point. You can decide to replace them after having them for that long or you can keep using them at a lower efficiency.
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.