Solar Panel Cost Guide in Granite Hills, CA (2023 Update)
- Granite Hills Solar Installation Cost: $5,370
- 25-Year Savings: $17,670
- Payback Period: 5.8 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 Granite Hills
Here's how much it might cost to install solar panels in Granite Hills.
The average cost of a solar system in Granite Hills is 2.73 per watt. To cover the typical energy usage of the average home in Granite Hills, most homeowners require a 2.8-kilowatt system. Using the figure above, a solar installation costs around $5,370, or $7,679 before the federal solar tax credit of 30% is applied.
Keep in mind that the numbers above are only averages. The price you'll pay for solar may look quite different based on your household energy consumption, the type of solar panels you want, your solar contractor and more. Many homeowners find adopting solar power is a fruitful investment. The average homeowner in Granite Hills can save about $31,000 on their electricity bills over 20 years.
Click the button below to get connected to a highly rated solar panel company in your area for a custom estimate.
Solar savings over time in Granite Hills
| Year | Return on Investment |
|---|---|
| 1 years | $-4,448 |
| 3 years | $-2,605 |
| 5 years | $-762 |
| 7 years | $1,081 |
| 9 years | $2,924 |
| 11 years | $4,768 |
| 13 years | $6,611 |
| 15 years | $8,454 |
| 17 years | $10,297 |
| 19 years | $12,140 |
| 21 years | $13,984 |
| 23 years | $15,827 |
| 25 years | $17,670 |
Top Solar Installers in Granite Hills
Do-it-yourself solar panel installation is a choice some homeowners opt for, but it's an undertaking that can take a lot of hard work. Going with a solar company can make your swap to solar power much easier. Some solar installers, particularly local ones, can help you better understand incentives in Granite Hills, optimizing your ROI.
There are several licensed solar professionals that can help you install your solar panels. Here are our suggestions:
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 Granite Hills
Factors that Affect Solar Panel Costs in Granite Hills
Cost is often one of the most important factors for homeowners wanting to invest in solar. There are a few key factors that affect your total cost in Granite Hills: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.
Solar Equipment
The size of the solar energy system you need for your household, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by about $2,730. Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Granite Hills, where sunlight is abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. 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 Granite Hills to be prohibitively expensive, even if the investment pays off over time. Thankfully, almost every solar installer in the area provides access to financing options. Solar loans remarkably decrease upfront costs in most cases, but they also lead to higher prices over time due to interest. You'll have to consider the long-term cost of loans, including the amount of interest you'll pay over the length of the loan. If you can only 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 getting a solar loan with a low interest rate could reduce your costs remarkably.
Solar Panel Installation Company
The solar installer you hire to handle your switch to green energy can have an effect on your total costs. There are about 3 solar panel companies operating throughout Granite Hills, and each can charge different amounts for labor and equipment. Larger national companies typically have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or add-on services like electric vehicle charger installation, they might be cheaper overall.
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 | $37,188 | 6.1 years |
| 8 kW | $2.78 | $15,594 | $49,889 | 6.0 years |
| 10 kW | $2.73 | $19,110 | $62,744 | 5.8 years |
| 12 kW | $2.68 | $22,473 | $75,751 | 5.7 years |
| 14 kW | $2.62 | $25,684 | $88,911 | 5.6 years |
| 16 kW | $2.57 | $28,741 | $102,224 | 5.5 years |
| 18 kW | $2.51 | $31,646 | $115,690 | 5.4 years |
| 20 kW | $2.46 | $34,398 | $129,309 | 5.3 years |
How to Save on Solar Panels
The solar panel company you opt for will impact not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should consider, including:
- Reputation: Solar system installers that have great reviews from their customers and that have been in business for many years likely provide good-quality solar panel installation and expertise.
- Contract: It's important to look over your solar installer's contract thoroughly to understand what services they will provide, what the warranty covers and what you can expect about the cost.
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you opt for.
- Warranty: Each company may offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
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 Granite Hills, CA Solar Cost FAQs
How much does it cost to install solar panels in Granite Hills?
This is a tough question to answer precisely, because the cost depends on many 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 higher-than-average energy usage. On the flip side, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.
Can you get solar panels for free in Granite Hills?
Solar panels aren't free in Granite Hills, 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 help lower the cost.
How will solar panels impact the value of my home?
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 Granite Hills is currently $457,201, which means you can look forward to a value of about $18,745 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Granite Hills is a worthwhile investment.
How long do solar panels last in Granite Hills?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount 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.