Solar Panel Cost Guide in Granite Bay, CA (2024 Update)
- Granite Bay Solar Installation Cost: $7,514
- 25-Year Savings: $18,861
- Payback Period: 7.6 Years
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Average Cost of Solar Panels in Granite Bay
Let’s have a look at the average cost of solar panels in Granite Bay.
The national average cost of solar panels is $2.66 per watt, but in Granite Bay it’s 3 per watt.The average solar panel system size in Granite Bay is around 3.1 kilowatts, meaning a cost of about $7,514 for a solar installation, or $10,745 before the 0 federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average Granite Bay homeowner. The cost of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.Many homeowners find adopting solar power is a solid investment. The average homeowner in Granite Bay can save around $30,000 on their power bills over 20 years.
For a customized quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Granite Bay
| Year | Return on Investment |
|---|---|
| 1 years | $-5,976 |
| 3 years | $-2,900 |
| 5 years | $175 |
| 7 years | $3,251 |
| 9 years | $6,327 |
| 11 years | $9,403 |
| 13 years | $12,479 |
| 15 years | $15,554 |
| 17 years | $18,630 |
| 19 years | $21,706 |
| 21 years | $24,782 |
| 23 years | $27,858 |
| 25 years | $30,933 |
Top Solar Installers in Granite Bay
Many homeowners decide to use a solar panel company since trying to put up solar panels by yourself can be time-consuming. Because solar panels are exposed to the elements every day, warranties and repairs from your solar company can help you get the most out of your investment in solar panels by reducing potential costs down the line.
You can work with a local solar installer to get a free estimate on the cost of solar panels for your home. Here are some near you:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
See all of the solar companies in Granite Bay
Factors that Affect Solar Panel Costs in Granite Bay
The cost of installing a solar system in Granite Bay can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The most significant one is the size of the system your home needs, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
When it comes to estimating the price of a solar system in Granite Bay, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home’s energy usage, which you can gauge by looking at past electricity bills. Your overall cost can increase by about $3,470 for each additional kilowatt you need.Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Granite Bay, where sunlight is abundant, efficiency can quickly pay off. Also, if you have a small roof or limited 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
For some homeowners, paying for solar out of pocket can be financially overwhelming. Solar loans are offered by most installers in Granite Bay, which can reduce, or in some cases totally eliminate, your upfront costs to make solar more affordable.When estimating your overall cost, you should also calculate the interest you’ll pay if you choose to go with a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The last major cost factor you should consider is the installer you choose. Given the massive popularity of renewable energy solutions in Granite Bay, you’ll have lots of options to choose from, but each comes at different price points for labor and equipment.You may see national solar installers that have lower prices due to their larger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or specials 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 | $3.61 | $15,157 | $32,891 | 7.9 years |
| 8 kW | $3.54 | $19,821 | $44,243 | 7.7 years |
| 10 kW | $3.47 | $24,290 | $55,790 | 7.6 years |
| 12 kW | $3.40 | $28,565 | $67,531 | 7.4 years |
| 14 kW | $3.33 | $32,646 | $79,466 | 7.3 years |
| 16 kW | $3.26 | $36,532 | $91,596 | 7.1 years |
| 18 kW | $3.19 | $40,224 | $103,920 | 7.0 years |
| 20 kW | $3.12 | $43,722 | $116,438 | 6.8 years |
How to Save on Solar Panels
The solar installer you opt for will influence not only your overall 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, including:
- 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 panels are installed, such as repairing your electrical system or roof.
- Solar Panel Brands: The type of solar panel you need to get plays a role in which company you should go with, since different companies offer different panels.
- Warranty: Warranties that provide coverage for panel repairs and maintenance over a long period of time such as 25 years are the gold standard in the business, and offering that kind of warranty is one mark of a quality company.
- Reputation: Solar system installers that have great reviews from their customers and that have been operating for many years most likely provide good-quality solar panel installation and expertise.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
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 $17,350 for a 5-kW system and $34,700 for a 10-kW system before the ITC, but the actual cost will depend on certain factors like the model of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Granite Bay?
A solar panel system isn’t free in Granite Bay, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Is making the switch to solar worth it?
Whether or not solar panels are worth it depends on a variety of factors like local electricity rates and how much direct sunlight your roof gets.
How many solar panels should I get to power 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 take a 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 install 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.