Solar Panel Cost Guide in Grass Valley, CA (Oct 2022)

  • Grass Valley Solar Installation Cost: $5,886
  • 25-Year Savings: $19,566
  • Payback Period: 5.8 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 9/16/2022

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Average Cost of Solar Panels in Grass Valley

Find out how much it might cost to make the switch to solar in Grass Valley.

The national average cost of solar panels is $2.66 per watt, but in Grass Valley it's $3 per watt. To account for the typical energy needs of the average home in Grass Valley, most homeowners require a 3.1-kilowatt system. Using the per-watt figure above, a solar installation costs about $5,886, or $4,356 after the federal solar tax credit of 30% is applied.

The true price you pay can be higher or lower than the average in Grass Valley based on a variety of factors, such as the type of solar panels you choose and the solar installer you hire. Even with the large upfront cost, the average Grass Valley homeowner can save about $31,000 on their power bills over 20 years, which is one of the positives of solar.

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 Grass Valley

Year Return on Investment
1 years $-4,868
3 years $-2,832
5 years $-796
7 years $1,241
9 years $3,277
11 years $5,313
13 years $7,349
15 years $9,385
17 years $11,421
19 years $13,457
21 years $15,494
23 years $17,530
25 years $19,566

Top Solar Installers in Grass Valley

When switching to solar energy, many homeowners decide to use a solar installation company since overseeing your solar installation yourself can be a difficult project. Also, companies with an outstanding reputation that are more expensive upfront could actually save you money in the long term with their warranties, repair services and expert design.

If you're searching for a solar company in Grass Valley, the EcoWatch team has put together a list of our top suggestions here:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best Technology

The Green Panel

★★★★★
4.5

  • 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 Grass Valley

Factors that Affect Solar Panel Costs in Grass Valley

For many Grass Valley homeowners, the decision to install a solar energy system rests on cost. However, the range of solar installation costs can be quite wide in Grass Valley, with typical prices between $20,000 to $40,000. There are numerous factors that considerably influence the price you'll pay, which we'll go over below.

Solar Equipment Size

One of the most important 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 electricity your household uses, the larger your system will likely need to be. You can expect to pay about $2,730 per kilowatt in Grass Valley. The model of solar panels and equipment you get is another factor that will substantially impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more costly. Plus, solar equipment goes beyond just the solar panels themselves. You'll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when looking for a solar system that's in your budget.

Solar Financing Terms

Many homeowners find the average cost of solar in Grass Valley to be too expensive, even if the investment pays off over time. Thankfully, almost every solar company in the area provides financing options. Solar loans greatly decrease upfront costs for most homeowners, but they also result in a higher cost over time because of interest. When trying to figure out your overall cost, you should also calculate the interest you'll pay if you go with a solar loan. Also, paying more on your down payment can lower the total interest paid over time.

Solar Panel Installation Company

Lastly, the company you choose to install your solar panels can influence how much it costs. Grass Valley's solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies generally have lower costs, but some local companies compete with them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or add-on services like electric car 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 $37,610 6.0 years
8 kW $2.78 $15,594 $50,453 5.9 years
10 kW $2.73 $19,110 $63,448 5.8 years
12 kW $2.68 $22,473 $76,597 5.7 years
14 kW $2.62 $25,684 $89,898 5.6 years
16 kW $2.57 $28,741 $103,352 5.4 years
18 kW $2.51 $31,646 $116,959 5.3 years
20 kW $2.46 $34,398 $130,719 5.2 years

Solar Incentives in Grass Valley

Name Property Tax Exclusion for Solar Energy Systems and Solar Plus Storage System
Website Visit here
More Info Click here

Name Local Option - Municipal Energy Districts
More Info Click here

Name Self-Generation Incentive Program
Website Visit here
More Info Click here

Name Renewable Market Adjusting Tariff (ReMAT)
Incentive Amount
Website Visit here
More Info Click here

Name LADWP - Feed-in Tariff (FiT) Program
Website Visit here
More Info Click here

Name California Solar Initiative - Solar Thermal Program
Website Visit here
More Info Click here

Name Residential Renewable Energy Tax Credit
Website Visit here
More Info Click here

How to Save on Solar Panels

The solar company you opt for will impact not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should keep in mind, including:

  • Contract: It's important to look over your solar installer's contract well to understand what services they will provide, what the warranty covers and what expectations you should have about the project timeline.
  • Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to install your solar system. Another way you can research your installer's reputation is by reading reviews.
  • Solar Panel Brands: Different companies carry different brands and models of panels. If you want a specific brand, make sure the solar panel company you're considering has it.
  • Installation Process: When making the switch to solar, it's essential to keep an open line of communication with your solar installer. Confirm that you understand how the installation process will go and the completion timeline.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best Technology

The Green Panel

★★★★★
4.5

  • 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 Grass Valley, CA Solar Cost FAQs

How much does it cost to install solar panels in Grass Valley?

This is a tough question to answer exactly, 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. You can expect to pay more if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the flip side, you can spend less if you want a smaller solar panel system or cheaper solar panels.

Should I lease or buy solar panels in Grass Valley?

Leasing solar panels can be an option if you can't pay upfront or secure a solar loan, but since you don't own the system, you can't take advantage of many solar incentives. Also your property value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.

How much can I save on electricity bills after switching to solar?

Solar panels can potentially eliminate your electricity bills depending on your location and the efficiency of your system. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $1,651.17 per year.

How many solar panels do I need to power my home?

To figure out how many solar panels you need, you need to know how much energy your home needs 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 home 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.

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.

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