Solar Panel Cost Guide in Granite Bay, CA (Jan 2023)
- Granite Bay Solar Installation Cost: $5,905
- 25-Year Savings: $18,868
- Payback Period: 6.0 Years
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Updated January 20, 2023
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Average Cost of Solar Panels in Granite Bay
We go over average solar pricing in Granite Bay.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Granite Bay, the typical cost of solar panels is $3 per watt. The average solar panel system size in Granite Bay is around 3.1 kilowatts, meaning a cost of about $5,905 for a solar installation, or $4,370 after the 30% federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Granite Bay homeowners. The cost of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor. Even with the high initial cost, the average Granite Bay homeowner can save about $30,000 on their power bills over 20 years, which is one of the advantages of solar.
To see your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in Granite Bay
| Year | Return on Investment |
|---|---|
| 1 years | $-4,914 |
| 3 years | $-2,932 |
| 5 years | $-950 |
| 7 years | $1,031 |
| 9 years | $3,013 |
| 11 years | $4,995 |
| 13 years | $6,977 |
| 15 years | $8,959 |
| 17 years | $10,940 |
| 19 years | $12,922 |
| 21 years | $14,904 |
| 23 years | $16,886 |
| 25 years | $18,868 |
Top Solar Installers in Granite Bay
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can be a headache. Using a solar company can make switching to solar power much easier. A solar installer can also help save you money in the long run by offering warranties, repairs and part replacements.
You can get a free quote from a local solar installer on how much solar panels could cost for your home. Here are some in Granite Bay:
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 Granite Bay
Factors that Affect Solar Panel Costs in Granite Bay
Although the average cost of a solar system in Granite Bay is $5,905, your actual cost may differ. There are quite a few factors that can have a significant impact on the cost of a solar panel installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more power your household consumes, the larger your system will likely need to be. You can expect to spend about $2,730 per kilowatt in Granite Bay. The brand and type of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have limited roof space or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to more savings over time. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Most solar companies in Granite Bay have solar loans, which reduce your upfront costs of installing a solar system. It's wise to include the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it'll take to pay off the loan.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Granite Bay is the company you hire to install your solar system. As with choosing a company to renovate your kitchen, for example, there are plenty of solar installers that offer a range of services for different budgets. The company's size sometimes plays the most significant role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower pricing due to access to more 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 | $36,123 | 6.2 years |
| 8 kW | $2.78 | $15,594 | $48,470 | 6.1 years |
| 10 kW | $2.73 | $19,110 | $60,970 | 6.0 years |
| 12 kW | $2.68 | $22,473 | $73,623 | 5.8 years |
| 14 kW | $2.62 | $25,684 | $86,428 | 5.7 years |
| 16 kW | $2.57 | $28,741 | $99,387 | 5.6 years |
| 18 kW | $2.51 | $31,646 | $112,498 | 5.5 years |
| 20 kW | $2.46 | $34,398 | $125,762 | 5.4 years |
How to Save on Solar Panels
There are a large number of companies to choose from in Granite Bay, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be tough, so here are some tips to help you decide:
- Reputation: Long-standing companies likely have a good 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 service, such as part repairs and replacements.
- 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.
- Solar Panel Brands: Not all solar installers offer the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you choose.
- Contract: Review the contract terms closely to make sure you understand the overall cost, project completion timeline rebates and warranties.
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 Granite Bay, CA Solar Cost FAQs
What is the average cost of installing solar panels in Granite Bay?
The average cost of solar panels in Granite Bay is about $13,650 for a 5-kW system and $27,300 for a 10-kW system before the ITC, but the real cost will depend on things 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 thing to keep in mind when buying solar panels?
Cost is without a doubt one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Can you sell solar power back to the grid in Granite Bay?
The majority of states have net metering programs of some kind. Through these, you can be compensated for the extra power your system generates or or receive credits to put toward future utility bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
How long do solar panels last in Granite Bay?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is how much energy they produce will have decreased significantly after that point. You can replace them once you've had them for that long or you can keep using them at a lower efficiency.
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.