Solar Panel Cost Guide in Garnet, CA (2023 Update)
- Garnet Solar Installation Cost: $5,352
- 25-Year Savings: $13,468
- Payback Period: 7.1 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Garnet
Find out what the average cost of installing solar panels is in Garnet.
The average cost of solar panels in Garnet is 2.73 per watt. To account for the typical energy usage of the average home in Garnet, most homeowners require a 2.8-kilowatt system. Using the per-watt figure above, a solar installation costs about $5,351, or $7,652 before the federal solar tax credit of 30% is applied.
The true cost of your system can go higher or lower than the average in Garnet based on a few factors, such as the model of solar panels you choose and the solar installer you hire. But, after you've paid the upfront cost of installation, the ROI for most homeowners is typically rewarding, with a net average savings of about $26,000 over 20 years on energy bills.
You can click the button below to get connected with a vetted solar company in Garnet that can help you get a more accurate cost estimate for your home.
Solar savings over time in Garnet
| Year | Return on Investment |
|---|---|
| 1 years | $-4,168 |
| 3 years | $-1,798 |
| 5 years | $571 |
| 7 years | $2,941 |
| 9 years | $5,310 |
| 11 years | $7,680 |
| 13 years | $10,049 |
| 15 years | $12,419 |
| 17 years | $14,788 |
| 19 years | $17,158 |
| 21 years | $19,527 |
| 23 years | $21,897 |
| 25 years | $24,266 |
Top Solar Installers in Garnet
Trying to install solar panels on your own can be a challenging undertaking, which is why using a solar installation company is a good option for many homeowners. Plus, if you aren't sure what kind of solar panels and equipment you need, a solar expert can help you find the right equipment for you after a site survey and consultation.
You can work with a local solar installer to get a free quote 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
See all of the solar companies in Garnet
Factors that Affect Solar Panel Costs in Garnet
The cost of installing a solar system in Garnet can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The biggest one is your system size, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. Because of that, it's crucial to accurately gauge the size of the solar energy system needed for your home by figuring out your energy needs. The brand of solar panels and equipment you want is another factor that will greatly influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more expensive. Moreover, solar equipment is more than just the solar panels themselves. You'll also need to think 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 searching for a solar system that's in your budget.
Solar Financing Terms
Most solar installers in Garnet provide solar loans, which reduce the initial cost of installing a solar system. Though solar loans make switching to solar energy more accessible for Garnet homeowners, they can also raise the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
A final factor to consider when trying to evaluate the cost of solar for your home or business in Garnet is the company you get to install your solar system. As with choosing a company to renovate your kitchen, for example, there's no shortage of solar installers that offer a range of services for different budgets. You may see national solar installers that have lower prices because of their bigger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or promotions to compete with those major players.
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 | $28,392 | 7.4 years |
| 8 kW | $2.78 | $15,594 | $38,162 | 7.3 years |
| 10 kW | $2.73 | $19,110 | $48,085 | 7.1 years |
| 12 kW | $2.68 | $22,473 | $58,161 | 7.0 years |
| 14 kW | $2.62 | $25,684 | $68,389 | 6.8 years |
| 16 kW | $2.57 | $28,741 | $78,770 | 6.7 years |
| 18 kW | $2.51 | $31,646 | $89,305 | 6.5 years |
| 20 kW | $2.46 | $34,398 | $99,992 | 6.4 years |
How to Save on Solar Panels
The solar installer you opt for will impact not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should keep in mind, such as:
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and energy needs. While there are many options for which brand of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you take a look at their list of options before making your decision.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to get the job done well. Another way you can look into your installer's reputation is by reading reviews.
- Warranty: A high-quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: When looking over your solar installer's contract, ask questions about any terms you're not sure of and be sure you understand what happens in scenarios such as a system component breaking or if the company goes out of business.
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 Garnet, CA Solar Cost FAQs
How much does it cost to install solar panels in Garnet?
This is a tough question to answer exactly, 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. It will cost more if you want additional solar equipment or more efficient panels, or if you have above-average energy consumption. On the other hand, you can spend less if you go with a smaller solar panel system or less efficient solar panels.
What other factors should I consider apart from cost when buying solar panels?
Cost is without a doubt one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
How will solar panels impact my property value?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Garnet is currently $176,407, which means you can look forward to a value of about $7,233 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Garnet is a rewarding investment.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and how much sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to cover their typical energy usage.
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.