Solar Panel Cost Guide in Florin, CA (2023 Update)
- Florin Solar Installation Cost: $5,894
- 25-Year Savings: $14,686
- Payback Period: 7.2 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Florin
We break down average solar pricing in Florin.
The average cost of solar panels in Florin is 2.73 per watt. To cover the typical energy needs of the average home in Florin, most homeowners require a 3.1-kilowatt system. Using the per-watt figure above, a solar installation costs about $5,886, or $8,417 before the federal solar tax credit of 30% is applied.
The prices above are just estimates to give you an idea of the cost of a solar energy system. The exact cost of going solar can vary quite a bit depending on multiple factors, such as how many panels you need, your energy consumption and what company you go with. Even with the significant upfront cost, the average Florin homeowner can save about $25,000 on their power bills over 20 years, which is one of the advantages of solar.
To calculate your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in Florin
| Year | Return on Investment |
|---|---|
| 1 years | $-5,825 |
| 3 years | $-5,688 |
| 5 years | $-5,551 |
| 7 years | $-5,413 |
| 9 years | $-5,276 |
| 11 years | $-5,139 |
| 13 years | $-5,002 |
| 15 years | $-4,865 |
| 17 years | $-4,727 |
| 19 years | $-4,590 |
| 21 years | $-4,453 |
| 23 years | $-4,316 |
| 25 years | $-4,179 |
Top Solar Installers in Florin
Although it's possible to install solar panels by yourself, it requires extra labor and expertise. Because of that, almost all 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 because of their warranties, repair services and expert design.
Working with a licensed solar company can make going solar easier. Here are our recommendations:
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 Florin
Factors that Affect Solar Panel Costs in Florin
The cost of installing a solar system in Florin can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The largest one is your system size, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
The size of the solar energy system you need to offset your energy usage, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $2,730. Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Florin, where sunlight is abundant, efficiency can quickly pay off. Plus, if you have a small roof or you don't have a lot of 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
Solar panels can save you money on power bills over many years, but they can also be a big investment. That's why many Florin homeowners choose to finance their solar panel systems to make paying for solar more affordable. You'll have to consider the long-term cost of loans, including the amount of interest you'll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the original cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Florin is the company you choose to install your PV system. As with choosing a company to install new cabinets, for example, you'll have many options for solar installers that provide a range of services at different price points. The company's size can sometimes play the most significant role in the cost. Larger national companies, like SunPro and Sunrun, often have lower prices because they have access to greater 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 promotion 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 | $28,112 | 7.4 years |
| 8 kW | $2.78 | $15,594 | $37,789 | 7.3 years |
| 10 kW | $2.73 | $19,110 | $47,618 | 7.2 years |
| 12 kW | $2.68 | $22,473 | $57,601 | 7.0 years |
| 14 kW | $2.62 | $25,684 | $67,736 | 6.9 years |
| 16 kW | $2.57 | $28,741 | $78,024 | 6.7 years |
| 18 kW | $2.51 | $31,646 | $88,465 | 6.6 years |
| 20 kW | $2.46 | $34,398 | $99,059 | 6.4 years |
How to Save on Solar Panels
There are numerous companies to choose from in Florin, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be tough, so here are some tips to help you decide:
- Warranty: An all-inclusive, 25-year warranty can help keep your solar system running for years to come and save you money on part replacement and repairs.
- 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.
- Contract: When looking over your solar installer's contract, ask questions about any terms you're not sure of and make sure you understand what happens in scenarios such as a system part breaking or the company going out of business.
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, durability and energy efficiency. They will come at different costs as well. The company you choose has an impact on which solar panel brands you have access to.
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 Florin, CA Solar Cost FAQs
What is the average cost of installing solar panels in Florin?
The average cost of solar panels in Florin is about $13,650 for a 5-kW system and $27,300 for a 10-kW system before the ITC, but the actual cost will depend on certain factors such as the kind of solar panels you want, what size system you need and how much energy you use.
Is cost the most important consideration when buying solar panels?
Cost is certainly one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Can you sell solar power back to the grid in Florin?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just offer you credit toward your future utility bills.
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 higher 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.