Solar Panel Cost Guide in El Rio, CA (Feb 2023)
- El Rio Solar Installation Cost: $5,465
- 25-Year Savings: $13,304
- Payback Period: 7.3 Years
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Top Solar Installers in El Rio
Many homeowners opt for a solar installation company since trying to install solar panels by yourself can be a lot of work. The expertise that solar companies provide can be helpful as well, particularly if you don't quite know what kind of solar equipment would be right for your home.
If you're searching for a solar company in El Rio, the EcoWatch team has organized a list of our top suggestions here:
See all of the solar companies in El Rio
Factors that Affect Solar Panel Costs in El Rio
For many El Rio homeowners, the decision to install a solar energy system rests on cost. However, the range of solar installation costs can be quite wide in El Rio, with typical prices between $20,000 to $40,000. There are several factors that greatly influence the price you'll pay, which we'll go over below.
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power generation need 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. The brand and type of equipment you get for your solar system can raise or lower the price quite significantly. If you prefer a trusted 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 a small roof or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want add-ons like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
If paying for solar panels in cash is out of reach, solar loans are a solid option because they lower your upfront costs and let you 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 decide on a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
The solar installer you choose to handle your switch to green energy can play a part in your total costs. There are about 3 solar panel companies in El Rio, and each can charge varying amounts for labor and equipment. You may come across national solar installers that have lower prices due to their bigger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or specials to compete with those major players.
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||$27,391||7.6 years|
|8 kW||$2.78||$15,594||$36,827||7.4 years|
|10 kW||$2.73||$19,110||$46,416||7.3 years|
|12 kW||$2.68||$22,473||$56,157||7.1 years|
|14 kW||$2.62||$25,684||$66,052||7.0 years|
|16 kW||$2.57||$28,741||$76,100||6.9 years|
|18 kW||$2.51||$31,646||$86,300||6.7 years|
|20 kW||$2.46||$34,398||$96,653||6.6 years|
How to Save on Solar Panels
The solar panel company you go with will impact not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should take into account, such as:
- Contract: Look through the contract terms closely to make sure you understand the overall cost, project completion timeline incentives and warranties.
- Reputation: Companies that have been operating for many years likely have a good reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
- Warranty: Companies typically offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and how much efficiency they need. Although there are many options for which brand of solar panel you can get, not every company will have the exact one you may want or need, so make sure you peruse their list of options before deciding.
EcoWatch's El Rio, CA Solar Cost FAQs
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.