Solar Panel Cost Guide in El Rio, CA (2024 Update)
- El Rio Solar Installation Cost: $6,958
- 25-Year Savings: $13,295
- Payback Period: 9.3 Years
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Average Cost of Solar Panels in El Rio
Here’s how much it might cost to go solar in El Rio.
Although the national average of solar panels is $2.66 per watt, solar panels in El Rio typically cost around 3.Using this figure, a typical 2.9-kW system would cost about $6,958 before the 0 federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average energy use of El Rio homeowners. The cost of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor.For most homeowners, the upfront investment in solar panels is worth paying. On average you could be looking at about $25,000 in savings on electricity bills over 20 years.
To get a free estimate from a vetted solar installer in El Rio, you can click the button below.
Solar savings over time in El Rio
Year | Return on Investment |
---|---|
1 years | $-5,773 |
3 years | $-3,403 |
5 years | $-1,034 |
7 years | $1,336 |
9 years | $3,705 |
11 years | $6,075 |
13 years | $8,444 |
15 years | $10,814 |
17 years | $13,183 |
19 years | $15,553 |
21 years | $17,922 |
23 years | $20,292 |
25 years | $22,661 |
Top Solar Installers in El Rio
When making the switch to solar, many homeowners decide to go with a solar installation company since putting up solar panels yourself can be a time-consuming project. Another advantage of working with a solar company is that they can help you make the most of your ROI by cutting back on future costs of repairs and replacements due to warranties and helping you learn about local incentives you can take advantage of.
You can work with a local solar installer to get a free estimate on how much solar panels could cost for your home. Here are some 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 for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
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 El Rio
Factors that Affect Solar Panel Costs in El Rio
The cost of installing a solar system in El Rio can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The biggest one is the size of the system you need, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
One of the most important factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more power your household uses, the larger your system will likely need to be. You can expect to spend about $3,470 per kilowatt in El Rio.The brand and kind of equipment you choose for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these are often more expensive 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 extra equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be financially overwhelming. Solar loans are offered by most installers in El Rio, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more affordable.It’s a good idea to add 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 how long it’ll take to pay back the loan.
Solar Panel Installation Company
The solar installer you go with to handle your switch to renewable energy can have an effect on your total costs. There are about 3 solar panel companies operating throughout El Rio, and each can charge different amounts for labor and equipment.Larger national companies generally have lower costs, but some local companies undercut them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or additional services like electric car 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 | $3.61 | $15,157 | $24,158 | 9.6 years |
8 kW | $3.54 | $19,821 | $32,600 | 9.5 years |
10 kW | $3.47 | $24,290 | $41,236 | 9.3 years |
12 kW | $3.40 | $28,565 | $50,066 | 9.1 years |
14 kW | $3.33 | $32,646 | $59,090 | 8.9 years |
16 kW | $3.26 | $36,532 | $68,309 | 8.7 years |
18 kW | $3.19 | $40,224 | $77,722 | 8.5 years |
20 kW | $3.12 | $43,722 | $87,329 | 8.3 years |
How to Save on Solar Panels
There are a lot of companies to choose from in El Rio, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be difficult, so here are some tips to help you decide:
- Reputation: Long-standing companies likely have a solid 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 service, such as part repairs and replacements.
- Warranty: A high-quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: Different companies carry various brands and kinds of panels. If you know you want a specific brand, make sure the solar panel company you’re considering has it.
- Contract: When reading over your solar company’s contract, ask questions about any terms you’re not sure of and be sure you understand what happens in scenarios such as a system part breaking or if the company goes out of business.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
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 El Rio, CA Solar Cost FAQs
What is the average cost of installing solar panels in El Rio?
This is a tough question to answer exactly, because the cost depends on a variety of factors. Generally speaking, it costs about $17,350 for a 5-kW system and $34,700 for a 10-kW system after the ITC is applied. It will cost more if you want extra solar equipment or higher quality panels, or if you have above-average energy consumption. Conversely, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
Is it better to lease or buy solar panels in El Rio?
Leasing solar panels can be an option if you can’t pay upfront or secure 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 savings from going solar.
Is it worth going solar in El Rio?
Solar panels can be a beneficial investment for many homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your electricity bills are already fairly low, solar panels might not be for you.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you should find out how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average house will need 20 to 35 panels.
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.