Solar Panel Cost Guide in East Foothills, CA (2023 Update)
- East Foothills Solar Installation Cost: $5,695
- 25-Year Savings: $20,636
- Payback Period: 5.4 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in East Foothills
Find out what the average cost of solar panels are in East Foothills.
Currently, the national average cost of solar panels is $2.66 per watt. However, in East Foothills, the typical cost of a solar system is 2.73 per watt. The average East Foothills homeowner needs a 3.0-kilowatt system, which would cost about $5,695 with the federal tax credit, or $8,144 before the 30% tax credit is applied.
These figures are only averages, and your own solar costs will most likely vary based on your specific situation and what company you go with. But, after you've paid the initial cost of installation, the return on investment for most homeowners is typically rewarding, with a net average savings of about $34,000 over 20 years on energy bills.
You can click the button below to get connected with a pre-vetted solar installer in East Foothills that can help you get a more accurate cost estimate for your home.
Solar savings over time in East Foothills
Year | Return on Investment |
---|---|
1 years | $-4,642 |
3 years | $-2,535 |
5 years | $-429 |
7 years | $1,678 |
9 years | $3,784 |
11 years | $5,891 |
13 years | $7,997 |
15 years | $10,104 |
17 years | $12,210 |
19 years | $14,317 |
21 years | $16,423 |
23 years | $18,530 |
25 years | $20,636 |
Top Solar Installers in East Foothills
Many homeowners opt for a solar panel installer since trying to put up solar panels by yourself can be challenging. Another great thing about choosing a top solar installer is that it'll provide warranties and free repairs, which help protect your solar system over time.
If you'd like to start using solar energy but still aren't sure which solar company to go with, here are our suggestions for providers 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 East Foothills
Factors that Affect Solar Panel Costs in East Foothills
There are several criteria that can influence your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems that have higher efficiency or power production require better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,730. There are several different solar panel brands and the one you pick also affects the cost. Generally speaking, the brands that offer higher efficiency tend to also cost more. Additionally, the type of equipment you want to install can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be a challenge. Solar loans are provided by most installers in East Foothills, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more accessible. You'll have to consider the long-term cost of loans, including the amount of interest you'll pay over the length of the loan. If you're only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or finding a solar loan with a low APR could reduce your costs considerably.
Solar Panel Installation Company
A final factor to keep in mind when trying to evaluate the cost of solar for your home or business in East Foothills is the company you get to install your solar panel system. As with choosing a company to renovate your kitchen, for instance, there's no shortage of solar installers that provide a range of services for different budgets. Additionally, some companies in East Foothills are more knowledgeable about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, 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 | $2.84 | $11,925 | $41,015 | 5.6 years |
8 kW | $2.78 | $15,594 | $54,993 | 5.5 years |
10 kW | $2.73 | $19,110 | $69,123 | 5.4 years |
12 kW | $2.68 | $22,473 | $83,407 | 5.3 years |
14 kW | $2.62 | $25,684 | $97,843 | 5.2 years |
16 kW | $2.57 | $28,741 | $112,432 | 5.1 years |
18 kW | $2.51 | $31,646 | $127,174 | 5.0 years |
20 kW | $2.46 | $34,398 | $142,069 | 4.9 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since selecting a company can be a challenge, we have some tips to help you, such as:
- Contract: Review the contract terms closely to make sure you understand the cost breakdown, project timeline rebates and warranties.
- Warranty: Warranties that cover panel repairs and maintenance over a long period of time such as 25 years are the gold standard in the business, and offering that kind of warranty is one indication of a good company.
- Solar Panel Brands: The kind of solar panel you want to install plays a role in which installer you should choose, since different companies have access to different panels.
- Installation Process: An important thing to understand when adopting solar power is the installation process itself. Be sure to clarify any details you should know with your solar company, such as what permits you should secure and how long the project will take.
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 East Foothills, CA Solar Cost FAQs
What is the average cost of installing solar panels in East Foothills?
This is a hard question to answer exactly, because the cost depends on a variety of 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 higher-than-average energy usage. On the other hand, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
What other factors should I consider in addition to cost when buying solar panels?
Cost is definitely one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
How will installing solar panels impact my home value?
Solar panels can increase your property's value significantly as long as you buy or finance your panels and don't go for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing a solar system."
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy usage and the amount of sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to get between 20 and 35 panels to cover their typical energy usage.
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.