Solar Panel Cost Guide in Fetters Hot Springs Agua Caliente, CA (Mar 2023)
- Fetters Hot Springs Agua Caliente Solar Installation Cost: $5,905
- 25-Year Savings: $20,426
- Payback Period: 5.6 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Fetters Hot Springs Agua Caliente
Let's have a look at the average cost of solar panels in Fetters Hot Springs Agua Caliente.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Fetters Hot Springs Agua Caliente, the typical cost of solar panels is 2.73 per watt. Since a 3.1-kW system is needed to cover the energy usage 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%.
These figures are only averages, and how much solar costs for you will most likely vary based on your energy needs and what company you go with. With typical savings of about $32,000 on electricity bills over 20 years, many homeowners in Fetters Hot Springs Agua Caliente find investing in solar can be quite rewarding.
For a customized quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Fetters Hot Springs Agua Caliente
Year | Return on Investment |
---|---|
1 years | $-4,852 |
3 years | $-2,745 |
5 years | $-639 |
7 years | $1,468 |
9 years | $3,574 |
11 years | $5,681 |
13 years | $7,787 |
15 years | $9,894 |
17 years | $12,000 |
19 years | $14,107 |
21 years | $16,213 |
23 years | $18,320 |
25 years | $20,426 |
Top Solar Installers in Fetters Hot Springs Agua Caliente
Although it's possible to install solar panels yourself, it involves extra time and knowledge. That's why most homeowners choose to go with a solar panel installer. Also, companies with a good reputation that are more expensive upfront could actually save you money in the long term with their warranties, repair services and expert design.
You can get a free estimate from a local solar installer on how much your investment in solar could cost for your home. Here are some 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
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 Fetters Hot Springs Agua Caliente
Factors that Affect Solar Panel Costs in Fetters Hot Springs Agua Caliente
Even though the average cost of a solar system in Fetters Hot Springs Agua Caliente is $5,905, your final cost may differ. There are many factors that can have a significant impact on the cost of a solar system installation. Below are some of the more important things to keep in mind.
Solar Equipment
When it comes to estimating the cost of a solar panel system in Fetters Hot Springs Agua Caliente, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home's energy usage, which you can gauge by looking at past energy bills. Your total cost can increase by about $2,730 for each additional kilowatt you need. The brand and type of equipment you want for your solar system can increase or decrease the price quite significantly. If you prefer a 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 can expect 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 increase the cost.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be difficult. Solar loans are available from most installers in Fetters Hot Springs Agua Caliente, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more affordable. However, the interest on solar loans also adds to your total costs, so it's vital to include that in your estimate as well. You can always lower the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
The last key cost factor you should keep in mind is the installer you choose. Given the massive popularity of green energy solutions in Fetters Hot Springs Agua Caliente, you'll have many options to choose from, but each comes at different price points for labor and equipment. Some companies only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It's best to do some research and find a company that provides the products, warranties and services you're looking for and also is within your budget.
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
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Warranty: A quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and how much efficiency they need. While there are many options for which kind of solar panel you can get, not every company will have the exact one you may want or need, so be sure to take a look at their list of offerings before making your decision.
- Contract: It's important to look over your solar installer's contract fully to understand what services they will provide, what the warranty covers and what expectations you should have about the cost.
- Reputation: Your solar installer should have a good reputation as a company and have verifiable expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from past customers.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
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 Fetters Hot Springs Agua Caliente, CA Solar Cost FAQs
What is the average cost of installing solar panels in Fetters Hot Springs Agua Caliente?
The average cost of solar panels in Fetters Hot Springs Agua Caliente is about $13,650 for a 5-kW system and $27,300 for a 10-kW system before the ITC, but the real cost will depend on certain factors like the type of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider other than cost when buying solar panels?
The initial cost is a crucial factor to consider, but whether it's the most important for you depends on why you decided to go solar. In places where rooftop space is limited, efficiency can trump the cost. Other factors that are important to take into account are the quality and durability of your solar panels.
How will installing solar panels impact my property value?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Fetters Hot Springs Agua Caliente is currently $689,600, so you could be looking at a value of about $28,274 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Fetters Hot Springs Agua Caliente is a fruitful investment.
How many solar panels should I get to power my home?
To figure out how many solar panels you need, you need to know how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average household 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.