Solar Panel Cost Guide in Fetters Hot Springs-Agua Caliente, CA (2023 Update)
- Fetters Hot Springs-Agua Caliente Solar Installation Cost: $5,897
- 25-Year Savings: $20,434
- Payback Period: 5.6 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Fetters Hot Springs-Agua Caliente
We break down average solar pricing in Fetters Hot Springs-Agua Caliente.
The national average cost of solar panels is $2.66 per watt, but in Fetters Hot Springs-Agua Caliente it's 2.73 per watt. Since a 3.1-kW system is needed to cover the energy consumption of a typical home in Fetters Hot Springs-Agua Caliente, the average price of going solar will be about $5,905 after 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 panel system. The exact cost of going solar can vary quite a bit based on several factors, such as what size system you need, your energy usage and what company you go with. For many homeowners, the upfront investment in solar is worth paying. On average Fetters Hot Springs-Agua Caliente homeowners see about $32,000 in savings on utility bills over 20 years.
You can click the button below to get connected with a top solar installer in Fetters Hot Springs-Agua Caliente for a quote for your home.
Solar savings over time in Fetters Hot Springs-Agua Caliente
| Year | Return on Investment |
|---|---|
| 1 years | $-4,359 |
| 3 years | $-1,284 |
| 5 years | $1,792 |
| 7 years | $4,868 |
| 9 years | $7,944 |
| 11 years | $11,020 |
| 13 years | $14,095 |
| 15 years | $17,171 |
| 17 years | $20,247 |
| 19 years | $23,323 |
| 21 years | $26,398 |
| 23 years | $29,474 |
| 25 years | $32,550 |
Top Solar Installers in Fetters Hot Springs-Agua Caliente
Do-it-yourself solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a pain. Going with a solar company can make your switch to solar power much easier. Companies can also provide access to quality options of the best solar panels and help you choose which one will be right for your home.
If you'd like to go solar but still aren't sure which solar system company to go with, here are our suggestions for providers near you:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
See all of the solar companies in Fetters Hot Springs-Agua Caliente
Factors that Affect Solar Panel Costs in Fetters Hot Springs-Agua Caliente
Cost is usually one of the most important factors for homeowners who want to invest in solar. There are a few major factors that affect your total cost in Fetters Hot Springs-Agua Caliente: solar equipment and system size, financing options and the solar installation company you choose. We'll go over each of these briefly below.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a variety of factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power generation 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. Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Fetters Hot Springs-Agua Caliente, where sunlight is abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar companies in Fetters Hot Springs-Agua Caliente provide solar loans, which reduce the initial cost of installing solar panels. It's a good idea to add the interest you'll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and the amount of time it'll take to pay off the loan.
Solar Panel Installation Company
The solar panel installation company you pick will affect your total cost to adopt solar power. Different companies will charge different amounts for the equipment and labor. The size of the company can sometimes play the most considerable role in the cost. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have access to greater resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing lower to compete with bigger names.
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
Since the model of solar panels and the company you choose significantly influences your costs and your system's durability and efficiency, it's important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Reputation: Solar companies that have great reviews from their customers and that have been operating for many years most likely offer quality solar panel installation and expertise.
- Contract: Read the contract terms carefully to make sure you understand how much it will cost, completion timeline rebates and warranties.
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you go with.
- Warranty: A comprehensive, 25-year warranty can help keep your solar system running for years to come and save you money on part replacement and repairs.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
EcoWatch's Fetters Hot Springs-Agua Caliente, CA Solar Cost FAQs
How much does it cost to install solar panels in Fetters Hot Springs-Agua Caliente?
This is a hard question to answer exactly, because the cost depends on many factors. Broadly speaking, it costs about $13,650 for a 5-kW system and $27,300 for a 10-kW system after the ITC is applied. It will be more expensive if you want extra solar equipment or more efficient panels, or if you have above-average energy usage. Conversely, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
Are solar panels free in Fetters Hot Springs-Agua Caliente?
Solar panels aren't free in Fetters Hot Springs-Agua Caliente, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Does Fetters Hot Springs-Agua Caliente have a net metering program?
Most states have net metering programs of some kind. Through these, you can be compensated for the extra power your system produces or or receive credits to put toward future electricity bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
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 larger amount 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.