Solar Panel Cost Guide in El Verano, CA (Feb 2023)
- El Verano Solar Installation Cost: $5,905
- 25-Year Savings: $20,426
- Payback Period: 5.6 Years
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Top Solar Installers in El Verano
Putting up solar panels by yourself can be a time-consuming project, which is why hiring a solar installer is a good option for many homeowners. Because solar panels are exposed to rain, snow, hail and wind, depending on the climate, warranties and repairs from your solar company can help you get the most out of your investment in solar panels by reducing potential costs down the line.
Working with a vetted solar installer can make going solar easier. Here are our recommendations:
See all of the solar companies in El Verano
Factors that Affect Solar Panel Costs in El Verano
For many El Verano homeowners, the decision to adopt solar energy comes down to cost. However, the range of solar installation costs can be quite wide in El Verano, with typical prices between $20,000 to $40,000. There are various factors that significantly influence the price you'll pay, which we'll go over below.
One of the most significant 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 electricity your household consumes, the larger your system will likely need to be. You can expect to spend about $2,730 per kilowatt in El Verano. 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 are often more expensive 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 can expect a higher equipment cost, but this can typically lead to more savings over time. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Solar panels can save you money on energy bills over time, but they can also be a big investment. That's why many El Verano homeowners opt to finance their solar panel systems to make paying for solar more affordable. Although solar loans make going solar more accessible for El Verano homeowners, they can also add to 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
A final consideration when trying to estimate the cost of solar for your home or business in El Verano is the company you hire to install your solar system. Similar to choosing a company to renovate your kitchen, for example, you'll have no shortage of solar installers that provide a range of services for different budgets. The size of the company can sometimes play the most significant role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have access to more resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes 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||$39,269||5.8 years|
|8 kW||$2.78||$15,594||$52,664||5.7 years|
|10 kW||$2.73||$19,110||$66,213||5.6 years|
|12 kW||$2.68||$22,473||$79,914||5.5 years|
|14 kW||$2.62||$25,684||$93,768||5.4 years|
|16 kW||$2.57||$28,741||$107,775||5.3 years|
|18 kW||$2.51||$31,646||$121,935||5.2 years|
|20 kW||$2.46||$34,398||$136,248||5.0 years|
How to Save on Solar Panels
The solar company you choose will be a major factor in determining not only your total costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should take into account, including:
- Installation Process: When going solar, it's essential to keep an open line of communication with your solar installer. Make sure you understand how the installation process will go and the project timeline.
- Contract: Look through the contract terms closely to make sure you understand the overall cost, project timeline rebates and warranties.
- Reputation: Well-established companies likely have a solid reputation. This is important because it ensures that it will not only see your solar project through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
- Solar Panel Brands: The model of solar panel you want to install plays a part in which company you should choose, since different companies provide different panels.
EcoWatch's El Verano, 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.