Solar Panel Cost Guide in Goshen, CA (2023 Update)
- Goshen Solar Installation Cost: $5,657
- 25-Year Savings: $16,893
- Payback Period: 6.3 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated May 04, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in Goshen
We go over average solar pricing in Goshen.
The average cost of solar panels in Goshen is 2.73 per watt. To account for the typical energy usage of the average home in Goshen, most homeowners require a 3.0-kilowatt system. Using the figure above, a solar installation costs about $5,657, or $8,090 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 making the switch to solar can vary depending on several factors, such as how many panels you need, your energy usage and what solar installer you go with. Many homeowners find installing a solar system is a rewarding investment. The average homeowner in Goshen can save around $29,000 on their power bills over 20 years.
You can click the button below to get connected with a pre-vetted solar company in Goshen that can help you get a more accurate cost estimate for your home.
Solar savings over time in Goshen
| Year | Return on Investment |
|---|---|
| 1 years | $-4,755 |
| 3 years | $-2,951 |
| 5 years | $-1,147 |
| 7 years | $657 |
| 9 years | $2,461 |
| 11 years | $4,265 |
| 13 years | $6,069 |
| 15 years | $7,873 |
| 17 years | $9,677 |
| 19 years | $11,481 |
| 21 years | $13,285 |
| 23 years | $15,089 |
| 25 years | $16,893 |
Top Solar Installers in Goshen
When making the switch to solar, many homeowners prefer to use a solar company since DIY solar panel installation can be a time-consuming project. Also, companies with a good reputation that cost more upfront could actually save you money in the long term due to 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
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
See all of the solar companies in Goshen
Factors that Affect Solar Panel Costs in Goshen
Even though the average cost of a solar system in Goshen is $5,657, your final cost may be higher or lower than that. There are several factors that can have a major impact on the cost of a residential solar panel installation. Below are some of the more important things to take into consideration.
Solar Equipment
When it comes to estimating the cost of a solar energy system in Goshen, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home's energy consumption, which you can determine by looking at past electricity bills. Your overall cost can increase by about $2,730 for each additional kilowatt you need. The type of solar panels and equipment you want is another factor that will substantially affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Plus, solar equipment consists of more than just the solar panels themselves. You'll also need to decide on 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
If paying for solar panels in cash is too expensive, solar loans are an affordable route because they decrease your upfront costs and let you pay for your system over five to seven years on average. However, the interest on solar loans also increases your overall costs, so it's important to keep that in mind as well. You can always lower the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
The solar installer you opt for to handle your switch to green energy can play a part in your total costs. There are about 3 solar installation companies in Goshen, and each can charge varying amounts for labor and equipment. Companies that 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 with an above-average cost. It's best to do some research and go with the company that provides the products, warranties and services you want and also fits 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 | $33,803 | 6.5 years |
| 8 kW | $2.78 | $15,594 | $45,377 | 6.4 years |
| 10 kW | $2.73 | $19,110 | $57,103 | 6.3 years |
| 12 kW | $2.68 | $22,473 | $68,983 | 6.1 years |
| 14 kW | $2.62 | $25,684 | $81,015 | 6.0 years |
| 16 kW | $2.57 | $28,741 | $93,200 | 5.9 years |
| 18 kW | $2.51 | $31,646 | $105,538 | 5.8 years |
| 20 kW | $2.46 | $34,398 | $118,029 | 5.6 years |
How to Save on Solar Panels
Since the brand of solar panels and the installer you choose significantly affects your costs and your system's durability and efficiency, it's important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Contract: When looking over your solar company's contract, ask for clarification about any terms you're not sure of and be sure you understand what happens in scenarios such as a system part breaking or the company going out of business.
- Installation Process: Homeowners should make sure they understand how exactly the installation process will go, as well as important factors like the completion timeline.
- Solar Panel Brands: Not all solar companies have the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you opt for.
- Reputation: Solar system installers that have great reviews from their customers and that have been in business for many years in most cases provide good-quality solar panel installation and expertise.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Goshen, CA Solar Cost FAQs
What is the average cost of installing solar panels in Goshen?
This is a tough question to answer exactly, because the cost depends on a few different 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 other solar equipment or higher quality panels, or if you have higher-than-average energy usage. Conversely, you can spend less if you want a smaller solar panel system or less expensive solar panels.
Are solar panels free in Goshen?
You can't get solar panels for free in Goshen. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd rather own your solar panels, you can finance them with a solar loan.
Do solar panels increase how much your home is worth?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Goshen is currently $267,200, which means you could be looking at a value of about $10,955 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Goshen is a fruitful investment.
How often do you have to replace solar panels?
On average, solar panels can last 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 level 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.