Solar Panel Cost Guide in Greenacres, CA (2024 Update)

  • Greenacres Solar Installation Cost: $7,037
  • 25-Year Savings: $20,795
  • Payback Period: 6.7 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated May 20, 2024

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Greenacres

Let’s have a look at the average cost of solar in Greenacres.

In Greenacres, solar panels cost about 3 per watt on average.The average solar panel system size in Greenacres is around 2.9 kilowatts, meaning a cost of about $7,037 for a solar installation, or $10,063 before the 0 federal solar tax credit is applied.

These figures are just averages, and the cost of going solar for you will differ based on factors unique to your home and what company you choose to go with.For most homeowners, the upfront cost of solar power is worth paying. On average you could be looking at about $35,000 in savings on utility bills over 20 years.

You can click the button below to get connected with a pre-vetted solar installer in Greenacres that can help you get a more accurate cost estimate for your home.

Solar savings over time in Greenacres

YearReturn on Investment
1 years$-5,499
3 years$-2,424
5 years$652
7 years$3,728
9 years$6,804
11 years$9,880
13 years$12,955
15 years$16,031
17 years$19,107
19 years$22,183
21 years$25,259
23 years$28,334
25 years$31,410

Top Solar Installers in Greenacres

Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can take a lot of hard work. Going with an installer can make switching to solar power much easier. Companies can also offer access to a large variety of the best solar panels and help you pick which one will be best for your family.

There are various licensed solar professionals that can take care of your solar installation project. Here are our suggestions:

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 for Leasing

Sunrun

★★★★★
4.0
  • Expansive service area
  • Many financing options
  • Some reported issues with customer service
  • Some reported issues with door-to-door sales

Best Social Impact

Palmetto Solar

★★★★★
4.0
  • Expansive service area
  • Makes charitable contributions
  • Certified B Corp
  • No leases or PPAs
  • Quality of installation may vary by location

See all of the solar companies in Greenacres

Factors that Affect Solar Panel Costs in Greenacres

Cost is often one of the most important factors for homeowners who want to invest in solar. There are a few key factors that affect your total cost in Greenacres: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.

Solar Equipment

The size of the solar panel system you need, 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 $3,470. There are several different solar panel brands and the one you choose also affects the cost. In many cases, the brands that are more efficient tend to also cost more. Plus, the type of equipment you choose can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.

Solar Financing Terms

If paying for solar panels in cash is too expensive, solar loans are a popular option because they reduce your upfront costs and allow you to pay for your system over five to seven years on average.It’s a good idea to add 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 the amount of time it’ll take to pay off the loan.

Solar Panel Installation Company

The solar company you go with to handle your switch to sustainable energy can have an effect on your total costs. There are about 3 solar panel companies in Greenacres, and each can charge different amounts for labor and 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 vehicle charger installation, they might be cheaper overall.

Solar Panel Cost Data by System Size

System sizeCost per system wattSolar system cost25-Year savingsPayback period
6 kW$3.61$15,157$39,3746.9 years
8 kW$3.54$19,821$52,8876.8 years
10 kW$3.47$24,290$66,5956.7 years
12 kW$3.40$28,565$80,4976.5 years
14 kW$3.33$32,646$94,5936.4 years
16 kW$3.26$36,532$108,8836.3 years
18 kW$3.19$40,224$123,3686.1 years
20 kW$3.12$43,722$138,0476.0 years

How to Save on Solar Panels

The solar company you choose will impact not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are some important things you should keep in mind, such as:

  • Reputation: Companies that have been in business for many years 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.
  • Contract: Read the contract terms closely to make sure you understand the total cost, project timeline incentives and warranties.
  • Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the project completion timeline.
  • Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, durability and efficiency. They will come at different prices as well. The company you choose impacts which solar panel brands you have access to.

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 for Leasing

Sunrun

★★★★★
4.0
  • Expansive service area
  • Many financing options
  • Some reported issues with customer service
  • Some reported issues with door-to-door sales

Best Social Impact

Palmetto Solar

★★★★★
4.0
  • Expansive service area
  • Makes charitable contributions
  • Certified B Corp
  • No leases or PPAs
  • Quality of installation may vary by location

EcoWatch's Greenacres, CA Solar Cost FAQs

What is the average cost of installing solar panels in Greenacres?

This is a tough question to answer precisely, because the cost depends on many factors. Generally speaking, it costs about $17,350 for a 5-kW system and $34,700 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 consumption. On the flip side, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.

Can you get solar panels for free in Greenacres?

A solar panel system isn’t free in Greenacres, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.

Can you sell solar power back to the grid in Greenacres?

Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future energy bills.

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 the average daily 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 get between 20 and 35 panels to account for 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.