Solar Panel Cost Guide in East Hemet, CA (Mar 2023)
- East Hemet Solar Installation Cost: $5,351
- 25-Year Savings: $14,911
- Payback Period: 6.6 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in East Hemet
Let's take a look at the average cost of solar panels in East Hemet.
In East Hemet, solar panels cost about 2.73 per watt on average. Using this figure, a typical 2.8-kW system would cost about $5,351 before the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar energy system. The exact cost of making the switch to solar can vary depending on multiple factors, such as how many panels you need, your energy usage and what solar installer you go with. Many homeowners find going solar is a fruitful investment. The average homeowner in East Hemet can save about $27,000 on their power bills over 20 years.
To get a free quote from a top solar company in East Hemet, you can click the button below.
Solar savings over time in East Hemet
| Year | Return on Investment |
|---|---|
| 1 years | $-4,540 |
| 3 years | $-2,919 |
| 5 years | $-1,298 |
| 7 years | $323 |
| 9 years | $1,944 |
| 11 years | $3,565 |
| 13 years | $5,186 |
| 15 years | $6,807 |
| 17 years | $8,428 |
| 19 years | $10,049 |
| 21 years | $11,669 |
| 23 years | $13,290 |
| 25 years | $14,911 |
Top Solar Installers in East Hemet
When making the switch to solar, many homeowners prefer to use a solar company since overseeing your solar installation yourself can be a challenging project. Another advantage of utilizing a solar company is that they can help you optimize your ROI by cutting back on future costs of repairs and replacements because of warranties and helping you learn about local incentives you can take advantage of.
If you'd like to start using solar energy but still aren't certain which solar installer to go with, here are our suggestions for providers nearby:
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 East Hemet
Factors that Affect Solar Panel Costs in East Hemet
There are several criteria that can play into your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
The size of the solar panel system you need, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by about $2,730. The brand and type of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have limited roof space or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want extra equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
If paying for solar panels out of pocket is too expensive, solar loans are a solid choice because they lower your upfront costs and allow you to pay for your system over five to seven years on average. When estimating your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
Lastly, the company you opt for to install your solar system can affect the cost. East Hemet's solar companies all have different labor costs and add varying upcharges to equipment. The size of the company can sometimes play the most considerable role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because of access to more resources and bulk 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 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 | $31,481 | 6.9 years |
| 8 kW | $2.78 | $15,594 | $42,280 | 6.7 years |
| 10 kW | $2.73 | $19,110 | $53,233 | 6.6 years |
| 12 kW | $2.68 | $22,473 | $64,338 | 6.5 years |
| 14 kW | $2.62 | $25,684 | $75,596 | 6.3 years |
| 16 kW | $2.57 | $28,741 | $87,007 | 6.2 years |
| 18 kW | $2.51 | $31,646 | $98,571 | 6.1 years |
| 20 kW | $2.46 | $34,398 | $110,288 | 5.9 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because choosing a company can be a challenge, we have some tips to help you, such as:
- Contract: Read the contract terms thoroughly to make sure you understand the cost breakdown, completion timeline incentives and warranties.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar panel system running for years to come and save you money on repairs and maintenance.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to install your solar system. Another way you can research your installer's reputation is by reading reviews.
- Solar Panel Brands: The model of solar panel you need plays a part in which installer you should choose, 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 East Hemet, CA Solar Cost FAQs
What is the average cost of installing solar panels in East Hemet?
The average cost of solar panels in East Hemet 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 such as the model of solar panels you want, what size system you need and how much energy you consume.
Is it better to lease or buy solar panels in East Hemet?
Leasing solar panels can be an attractive choice, as it commonly comes with low or $0 upfront payments. The downside is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any tax rebates and credits and your home value won't increase. Buying solar panels is a better option if you want to get the most savings.
Does East Hemet have a net metering program?
Most states offer net metering programs of some kind. Through these, you can either get paid 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 many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy consumption and the average daily sunlight your roof gets. You can take a 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 install 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.