Solar Panel Cost Guide in Fountain Valley, CA (2023 Update)
- Fountain Valley Solar Installation Cost: $5,504
- 25-Year Savings: $13,265
- Payback Period: 7.3 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Fountain Valley
We go over average solar pricing in Fountain Valley.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Fountain Valley, the average cost of solar panels is 2.73 per watt. To account for the typical energy needs of the average home in Fountain Valley, most homeowners require a 2.9-kilowatt system. Using the figure above, a solar installation costs around $5,504, or $7,871 before the federal solar tax credit of 30% is applied.
How much you pay can be higher or lower than the average in Fountain Valley based on a few factors, such as the brand of solar panels you choose and the solar contractor you hire. Many homeowners find going solar is a rewarding investment. The average homeowner in Fountain Valley can save around $25,000 on their energy bills over 20 years.
To receive a free quote from a pre-vetted solar installation company in Fountain Valley, you can click the button below.
Solar savings over time in Fountain Valley
Year | Return on Investment |
---|---|
1 years | $-4,753 |
3 years | $-3,251 |
5 years | $-1,750 |
7 years | $-248 |
9 years | $1,253 |
11 years | $2,755 |
13 years | $4,256 |
15 years | $5,758 |
17 years | $7,259 |
19 years | $8,761 |
21 years | $10,262 |
23 years | $11,764 |
25 years | $13,265 |
Top Solar Installers in Fountain Valley
Although it's possible to install solar panels by yourself, it requires extra energy and expertise. For that reason, the majority of homeowners choose to hire a solar panel installer. The expertise that solar companies provide can be invaluable as well, particularly if you don't quite know what type of solar equipment you need.
You can get a free quote 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 Fountain Valley
Factors that Affect Solar Panel Costs in Fountain Valley
There are several criteria that can influence your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment
The size of the solar system you need, 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 about $2,730. The type of solar panels and equipment you want is another factor that will significantly affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Moreover, solar equipment is more than just the solar panels themselves. You'll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when researching a solar system that's in your budget.
Solar Financing Terms
Solar panels can save you money on energy bills over time, but they can also be a significant investment. That's why many Fountain Valley homeowners decide to finance their solar panel systems to offset upfront costs. When figuring out your overall cost, you should also calculate the interest you'll pay if you choose to go with a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
The remaining significant cost factor you should take into consideration is the installer you choose. Given the massive popularity of green energy solutions in Fountain Valley, you'll have lots of options to choose from, but each comes at different price points for labor and equipment. The size of the company can sometimes play the most significant role in your costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have access to greater 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 | $27,120 | 7.6 years |
8 kW | $2.78 | $15,594 | $36,466 | 7.5 years |
10 kW | $2.73 | $19,110 | $45,965 | 7.3 years |
12 kW | $2.68 | $22,473 | $55,617 | 7.2 years |
14 kW | $2.62 | $25,684 | $65,421 | 7.0 years |
16 kW | $2.57 | $28,741 | $75,379 | 6.9 years |
18 kW | $2.51 | $31,646 | $85,489 | 6.8 years |
20 kW | $2.46 | $34,398 | $95,752 | 6.6 years |
How to Save on Solar Panels
Since the model of solar panels and the installer you choose has an impact on your costs and your system's efficiency, production, and durability, it's important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Reputation: Companies that have been operating for many years likely have a high reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and how much efficiency they need. Even though there are many options for which type of solar panel you can get, not every company will have the exact one you may want or need, so be sure to peruse their list of options before deciding.
- Installation Process: When going solar, it's important to maintain an open line of communication with your solar installer. See to it that you understand how the installation process will go and the project timeline.
- Contract: It's important to look over your solar installer's contract well to understand what services they will provide, what the warranty covers and what you can expect about your solar system's energy production.
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 Fountain Valley, CA Solar Cost FAQs
What is the average cost of installing solar panels in Fountain Valley?
This is a difficult question to answer precisely, 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 cost more if you want extra solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the flip side, you can spend less if you want a smaller solar panel system or less expensive solar panels.
Should I lease or buy solar panels in Fountain Valley?
Leasing solar panels can be an attractive choice, because it typically comes with low or $0 upfront payments. The downside is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any incentives and your home value won't increase. Buying solar panels is a better way to go if you want to maximize your savings.
Is it worth going solar in Fountain Valley?
Solar panels can be a beneficial investment for many homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your energy bills are already reasonably low, solar panels might not be for you.
How many solar panels should I get to power my home?
To figure out how many solar panels you need, you should find out 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 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.