Solar Panel Cost Guide in El Dorado Hills, CA (Sep 2022)

  • El Dorado Hills Solar Installation Cost: $5,886
  • 25-Year Savings: $19,007
  • Payback Period: 5.9 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 9/16/2022

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Average Cost of Solar Panels in El Dorado Hills

Here's how much it might cost to install solar panels in El Dorado Hills.

Currently, the national average cost of solar panels is $2.66 per watt. However, in El Dorado Hills, the average cost of solar panels is $3 per watt. Since a 3.1-kW system is needed to cover the energy usage of a typical home in El Dorado Hills, the average price of going solar will be about $5,886 before claiming the federal solar tax credit of 30%.

The prices above are just estimates to give you an idea of the cost of a solar energy system. The true cost of going solar can vary quite a bit based on several factors, such as what size system you need, your energy consumption and what solar installer you go with. But, after you've paid the upfront cost of installation, the savings for most homeowners is quite good, with a net average savings of about $31,000 over 20 years on electricity bills.

For a customized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.

Solar savings over time in El Dorado Hills

Year Return on Investment
1 years $-4,890
3 years $-2,899
5 years $-907
7 years $1,084
9 years $3,076
11 years $5,067
13 years $7,058
15 years $9,050
17 years $11,041
19 years $13,033
21 years $15,024
23 years $17,016
25 years $19,007

Top Solar Installers in El Dorado Hills

Many homeowners opt for a solar panel installer since figuring out how to install solar panels by yourself can be a lot of work. Also, companies with a high reputation that are more expensive upfront could actually save you money in the long term due to their warranties, repair services and expert design.

You can get a free estimate from a local solar installer on how much your investment in solar could cost for your home. Here are some near you:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best Technology

The Green Panel

★★★★★
4.5

  • 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 El Dorado Hills

Factors that Affect Solar Panel Costs in El Dorado Hills

Cost is typically one of the most important factors for homeowners who are considering investing in solar. There are a few key factors that affect your total cost in El Dorado Hills: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.

Solar Equipment Size

One of the most important factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more power your household consumes, the larger your system will likely need to be. You can expect to pay about $2,730 per kilowatt in El Dorado Hills. There are many different solar panel brands and the one you choose also affects the cost. Generally, the brands that are more efficient tend to also cost more. Plus, the type of equipment you're looking to install can affect your total cost. If you just 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 financially overwhelming. Solar loans are provided by most installers in El Dorado Hills, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more affordable. Though solar loans make going solar more accessible for El Dorado Hills homeowners, they can also raise the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.

Solar Panel Installation Company

The solar installer you go with to handle your switch to green energy can play a role in your total costs. There are about 3 solar installation companies in El Dorado Hills, and each can charge varying amounts for labor and equipment. Larger national companies typically have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or additional services like electric vehicle charger installation, they might be cheaper overall.

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 $36,493 6.2 years
8 kW $2.78 $15,594 $48,963 6.0 years
10 kW $2.73 $19,110 $61,586 5.9 years
12 kW $2.68 $22,473 $74,361 5.8 years
14 kW $2.62 $25,684 $87,290 5.7 years
16 kW $2.57 $28,741 $100,372 5.6 years
18 kW $2.51 $31,646 $113,606 5.4 years
20 kW $2.46 $34,398 $126,993 5.3 years

Solar Incentives in El Dorado Hills

Name Renewable Market Adjusting Tariff (ReMAT)
Website Visit here
More Info Click here

Name ITC
Type Tax Incentive
Incentive Amount 26% of installation cost
Website Visit here

Name Local Option - Municipal Energy Districts
More Info Click here

Name SMUD - PV Residential Retrofit Buy-Down
Incentive Amount $300
Website Visit here
More Info Click here

Name Property Tax Exclusion for Solar Energy Systems and Solar Plus Storage System
Incentive Amount 100% of system value; 75% of system value exemption for dual-use equipment
Incentive Max Not specified.
Website Visit here
More Info Click here

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. Because selecting a company can be difficult, we have some tips to help you, such as:

  • Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to get the job done well. Another way you can check your installer's reputation is by reading reviews.
  • Contract: It's important to look over your solar installer's contract closely to understand what services they will provide, what the warranty covers and what expectations you should have about the cost.
  • Solar Panel Brands: Different companies will carry different brands and kinds of panels. If you prefer a specific brand, make sure the solar company you're considering has it.
  • Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the project timeline.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best Technology

The Green Panel

★★★★★
4.5

  • 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 El Dorado Hills, CA Solar Cost FAQs

How much does it cost to install solar panels in El Dorado Hills?

The average cost of solar panels in El Dorado Hills 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 like the kind of solar panels you want, what size system you need and how much energy you consume.

What other factors should I consider apart from cost when buying solar panels?

The initial cost is a crucial factor to consider, but whether it's the most important for you depends on why you decided to go solar. In places where rooftop space is limited, efficiency can trump the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.

Is making the switch to solar worth it?

Whether or not solar panels are worth it depends on a variety of factors like local electricity rates and the amount of direct sunlight your roof gets.

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 goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher 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.

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