Solar Panel Cost Guide in Goshen, CA (2025 Update)
- Goshen Solar Installation Cost: $7,187
- 25-Year Savings: $16,896
- Payback Period: 8.0 Years
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Average Cost of Solar Panels in Goshen
Let’s have a look at the average cost of solar in Goshen.
The national average cost of solar panels is $2.66 per watt, but in Goshen it’s 3 per watt.The average Goshen homeowner needs a 3.0-kilowatt system, which would cost about $7,187 with the federal tax credit, or $10,277 before the 0 tax credit is applied.
The true cost of your system can be higher or lower than the average in Goshen based on several factors, such as the kind of solar panels you choose and the solar contractor you hire.With average savings of about $29,000 on energy bills over 20 years, many homeowners in Goshen find going solar has a decent ROI.
To get a free estimate from a top solar installer in Goshen, you can click the button below.
Solar savings over time in Goshen
Year | Return on Investment |
---|---|
1 years | $-5,826 |
3 years | $-3,103 |
5 years | $-380 |
7 years | $2,342 |
9 years | $5,065 |
11 years | $7,788 |
13 years | $10,510 |
15 years | $13,233 |
17 years | $15,956 |
19 years | $18,678 |
21 years | $21,401 |
23 years | $24,124 |
25 years | $26,846 |
Top Solar Installers in Goshen
Installing solar panels yourself can be a dangerous project, which is why getting a solar installation company is a good option for many homeowners. The payback period of solar panels will vary depending on factors like your location and energy usage, but going with a solar company can help you reach a break-even point sooner. Your provider will be able to help you apply for incentives available in your area.
If you’d like to switch to solar energy but still aren’t sure which solar system company to go with, here are our suggestions for providers nearby:
See all of the solar companies in Goshen
Factors that Affect Solar Panel Costs in Goshen
The cost of installing a solar system in Goshen can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The most significant one is the size of the system you need, and other factors include equipment choices, 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 affects the overall cost of installing solar panels. That’s why it’s important to accurately gauge the size of the solar energy system needed for your home by figuring out your energy needs.Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Goshen, where sunlight is abundant, efficiency can quickly pay off. Also, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Goshen to be prohibitively expensive, even if the investment pays off over time. Thankfully, almost every solar company in the area provides access to financing options. Solar loans drastically decrease upfront costs in most cases, but they also result in higher prices over time due to interest.You’ll have to consider the long-term cost of loans, including the total interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or securing a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
A final factor to consider when trying to figure out the cost of solar for your home or business in Goshen is the company you hire to install your PV system. Similar to choosing a company to install new cabinets, for instance, there are plenty of solar installers that provide a range of services for different budgets.Additionally, some companies in Goshen are more knowledgeable about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could end up saving you more money in the long run.
Solar Panel Cost Data by System Size
System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
---|---|---|---|---|
6 kW | $3.61 | $15,157 | $30,571 | 8.3 years |
8 kW | $3.54 | $19,821 | $41,150 | 8.1 years |
10 kW | $3.47 | $24,290 | $51,923 | 8.0 years |
12 kW | $3.40 | $28,565 | $62,891 | 7.8 years |
14 kW | $3.33 | $32,646 | $74,053 | 7.6 years |
16 kW | $3.26 | $36,532 | $85,409 | 7.5 years |
18 kW | $3.19 | $40,224 | $96,960 | 7.3 years |
20 kW | $3.12 | $43,722 | $108,705 | 7.2 years |
How to Save on Solar Panels
Since the type of solar panels and the installation company you choose greatly affects your costs and your system’s efficiency, production, and durability, it’s important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Warranty: If you care about the durability of your solar energy system, ensuring your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Contract: Before you sign a contract with a solar installer, be sure to look it over carefully so you understand the terms. Also, ask questions if you’re not sure about some of the terms, such as what to do if a component breaks or malfunctions and what services you can expect from them.
- Installation Process: Make sure you’re on the same page with the company in regard to how the installation process will go and what needs to be done before your solar system is installed, such as updating or replacing your electrical system or roof.
- Reputation: Make sure your solar system installer has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like EcoWatch.
EcoWatch's Goshen, CA Solar Cost FAQs
How much does it cost to install solar panels in Goshen?
The average cost of solar panels in Goshen is about $17,350 for a 5-kW system and $34,700 for a 10-kW system before the ITC, but the real cost will depend on certain factors such as the type of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Goshen?
A solar panel system isn’t free in Goshen, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
How much can I save on electricity bills after installing solar panels?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners throughout Goshen, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you’ll want to contact a local solar installer to see how many panels can fit on your roof.
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 generally 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.