Solar Panel Cost Guide in East San Gabriel, CA (2023 Update)
- East San Gabriel Solar Installation Cost: $5,444
- 25-Year Savings: $13,325
- Payback Period: 7.3 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in East San Gabriel
We break down average solar pricing in East San Gabriel.
The average cost of a solar panel system in East San Gabriel is 2.73 per watt. To cover the typical energy usage of the average home in East San Gabriel, most homeowners require a 2.9-kilowatt system. Using the per-watt figure above, a solar installation costs about $5,446, or $7,788 before the federal solar tax credit of 30% is applied.
Keep in mind that the numbers above are only averages. The price you'll end up paying for solar will differ based on your household energy consumption, the type of solar panels you want to get, your solar contractor and more. But, once you've paid the initial cost of installation, the return on investment for most homeowners is quite rewarding, with a net average savings of about $25,000 over 20 years on electricity bills.
You can click the button below to get connected with a pre-vetted solar installer in East San Gabriel that can help you get a more accurate cost estimate for your home.
Solar savings over time in East San Gabriel
Year | Return on Investment |
---|---|
1 years | $-5,382 |
3 years | $-5,257 |
5 years | $-5,132 |
7 years | $-5,007 |
9 years | $-4,881 |
11 years | $-4,756 |
13 years | $-4,631 |
15 years | $-4,506 |
17 years | $-4,381 |
19 years | $-4,256 |
21 years | $-4,131 |
23 years | $-4,006 |
25 years | $-3,880 |
Top Solar Installers in East San Gabriel
When going solar, many homeowners prefer to hire a solar company since putting up a solar system yourself can be a difficult project. Another good thing about choosing a reputable solar installer is that it'll provide warranties and free repairs, which help protect your solar investment.
If you'd like to make the switch to solar but still aren't certain which solar panel company to go with, here are our recommendations 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
See all of the solar companies in East San Gabriel
Factors that Affect Solar Panel Costs in East San Gabriel
There are a number of criteria that can affect your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
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, you can expect your total to increase by nearly $2,730. The brand and type of equipment you want for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often have a higher price tag 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. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in East San Gabriel to be too steep, even if the investment pays off over time. Thankfully, nearly every solar installer in the area offers financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also lead to paying more over time because of interest. It's a good idea to include the interest you'll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and the amount of time it'll take to pay off the loan.
Solar Panel Installation Company
A final consideration when trying to estimate the cost of solar for your home or business in East San Gabriel is the company you choose to install your solar system. As with choosing a company to build a deck or pool, for instance, there's no shortage of solar installers that offer a range of services at different price points. Some companies only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It's best to do some research and choose a company that provides the products, warranties and services you're looking for and also fits 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 | $2.84 | $11,925 | $27,602 | 7.5 years |
8 kW | $2.78 | $15,594 | $37,109 | 7.4 years |
10 kW | $2.73 | $19,110 | $46,769 | 7.3 years |
12 kW | $2.68 | $22,473 | $56,581 | 7.1 years |
14 kW | $2.62 | $25,684 | $66,546 | 7.0 years |
16 kW | $2.57 | $28,741 | $76,664 | 6.8 years |
18 kW | $2.51 | $31,646 | $86,935 | 6.7 years |
20 kW | $2.46 | $34,398 | $97,359 | 6.5 years |
How to Save on Solar Panels
Since the kind of solar panels and the company you choose has an impact on your costs and your system's efficiency, production, and durability, it's important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Warranty: Warranties that provide coverage for defective panels and repairs over around 25 years are the best you can get in the business, and offering such a warranty is one mark of a quality company.
- Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you hire.
- Installation Process: When going solar, it's essential to maintain an open line of communication with your solar installer. Make sure you understand how the installation process will go and the project completion timeline.
- Contract: Before signing a contract with a solar company, make sure to look it over carefully so you understand the terms. Also, ask questions if you're not sure about some of the terms, such as what to do if a component breaks or malfunctions and if there are any guarantees about energy production.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
EcoWatch's East San Gabriel, CA Solar Cost FAQs
How much does it cost to install solar panels in East San Gabriel?
This is a tough question to answer exactly, because the cost depends on a few different 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 other solar equipment or more efficient panels, or if you have above-average energy consumption. Conversely, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
Should I lease or buy solar panels in East San Gabriel?
Leasing solar panels can be an option if you can't pay upfront or get a solar loan, but since you don't own the system, you can't take advantage of 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 bang for your buck from going solar.
Do solar panels increase your home value?
Solar panels can increase your home 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 often do you have to replace solar panels?
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 higher amount 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.