Solar Panel Cost Guide in Elverta, CA (2023 Update)
- Elverta Solar Installation Cost: $5,886
- 25-Year Savings: $17,569
- Payback Period: 6.3 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Elverta
Let's take a look at the average cost of solar in Elverta.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Elverta, the average cost of a solar system is 2.73 per watt. The average solar panel system size in Elverta is around 3.1 kilowatts, meaning a cost of about $5,886 for a solar installation, or $8,417 before the 30% federal solar tax credit is applied.
These figures are just estimates, and your own solar costs will most likely vary based on your specific situation and what company you choose to go with. Despite the high initial cost, the average Elverta homeowner can save about $29,000 on their electricity bills over 20 years, which is one of the advantages of solar.
You can click the button below to get connected with a top solar company in Elverta for a quote for your home.
Solar savings over time in Elverta
| Year | Return on Investment |
|---|---|
| 1 years | $-4,948 |
| 3 years | $-3,071 |
| 5 years | $-1,195 |
| 7 years | $682 |
| 9 years | $2,558 |
| 11 years | $4,434 |
| 13 years | $6,311 |
| 15 years | $8,187 |
| 17 years | $10,064 |
| 19 years | $11,940 |
| 21 years | $13,816 |
| 23 years | $15,693 |
| 25 years | $17,569 |
Top Solar Installers in Elverta
When making the switch to solar, many homeowners opt to go with a solar installer since handling can be a time-consuming project. Solar installers offer key benefits that can help you get the most out of your investment, like warranties, monitoring and free repairs.
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 Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
See all of the solar companies in Elverta
Factors that Affect Solar Panel Costs in Elverta
The cost of installing a solar system in Elverta 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 your home needs, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power production use 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 kind of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more in the long run on your electric bills. In addition, add-on products, like solar batteries, can bring your total well above the Elverta average.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a big investment. That's why many Elverta homeowners decide to finance their solar panel systems to offset upfront costs. However, the interest on solar loans also adds to your all-in costs, so it's important to include that in your estimate as well. You can always lower the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
The solar company you opt for to handle your switch to green energy can have an effect on your total costs. There are about 3 solar panel companies in Elverta, and each can charge different amounts for labor and equipment. The company's size sometimes plays the most significant role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower prices because of access to more resources and better 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 discount can bring their pricing down 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 | $33,708 | 6.5 years |
| 8 kW | $2.78 | $15,594 | $45,249 | 6.4 years |
| 10 kW | $2.73 | $19,110 | $56,944 | 6.3 years |
| 12 kW | $2.68 | $22,473 | $68,791 | 6.2 years |
| 14 kW | $2.62 | $25,684 | $80,791 | 6.0 years |
| 16 kW | $2.57 | $28,741 | $92,944 | 5.9 years |
| 18 kW | $2.51 | $31,646 | $105,250 | 5.8 years |
| 20 kW | $2.46 | $34,398 | $117,709 | 5.7 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since picking a company can be a challenge, we have some tips to help you, such as:
- Solar Panel Brands: The type of solar panel you want to get plays a part in which installer you should choose, since different companies have different panels.
- Installation Process: Make sure you're aligned with the company regarding how the installation process will go and what needs to be done before your solar panels are installed, such as updating or replacing your electrical system or roof.
- Warranty: Warranties that cover defective panels and repairs over around 25 years are the gold standard in the business, and offering such a warranty is one indication of a quality company.
- Contract: Review the contract terms closely to make sure you understand the total cost, completion timeline incentives and warranties.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Elverta, CA Solar Cost FAQs
What is the average cost of installing solar panels in Elverta?
This is a hard question to answer precisely, because the cost depends on a variety of 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. You can expect to pay more if you want other solar equipment or more efficient panels, or if you have higher-than-average energy needs. Conversely, you can spend less if you want a smaller solar panel system or less efficient solar panels.
What other factors should I consider other than cost when buying solar panels?
Cost is definitely one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Is switching to solar power worth it?
Solar panels can be a fruitful investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your power bills are already pretty 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 uses 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.