Solar Panel Cost Guide in Greenfield, CA (2023 Update)
- Greenfield Solar Installation Cost: $5,542
- 25-Year Savings: $20,789
- Payback Period: 5.3 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Greenfield
Let's have a look at the average cost of solar panels in Greenfield.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Greenfield, the average cost of solar panels is 2.73 per watt. Because a 2.9-kW system is needed to cover the energy consumption of a typical home in Greenfield, the average price of going solar will be about $5,542 after claiming the federal solar tax credit of 30%.
Bear in mind that the figures above are only estimates based on the average Greenfield homeowner. The price 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. But, after you've paid the upfront cost of installation, the payback for most homeowners is quite fruitful, with a net average savings of about $34,000 over 20 years on power bills.
For a customized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Greenfield
| Year | Return on Investment |
|---|---|
| 1 years | $-4,489 |
| 3 years | $-2,382 |
| 5 years | $-276 |
| 7 years | $1,831 |
| 9 years | $3,937 |
| 11 years | $6,044 |
| 13 years | $8,150 |
| 15 years | $10,257 |
| 17 years | $12,363 |
| 19 years | $14,470 |
| 21 years | $16,576 |
| 23 years | $18,683 |
| 25 years | $20,789 |
Top Solar Installers in Greenfield
When switching to solar energy, many homeowners choose to hire a solar installation company since overseeing your solar installation yourself can be a difficult project. The expertise that solar companies provide can be invaluable as well, particularly if you don't quite know what brand of solar equipment would be right for your home.
If you're looking for a solar company in Greenfield, we've compiled a list of our top suggestions here:
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 Greenfield
Factors that Affect Solar Panel Costs in Greenfield
The cost of installing a solar system in Greenfield can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The biggest one is your system size, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. Because of that, it's crucial to accurately gauge the size of the solar energy system needed for your home by figuring out your energy needs. Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Greenfield, 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 Greenfield to be too steep, even if the investment pays off over time. Fortunately, almost every solar installer in the area offers financing options. Solar loans drastically decrease upfront costs for most homeowners, but they also lead to a higher cost over time because of interest. It's a good idea to add the interest you'll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and how long it'll take to pay back the loan.
Solar Panel Installation Company
Lastly, the company you hire to install your solar panel system can affect how much it costs. Greenfield's solar companies all have different labor costs and add varying upcharges to equipment. You may notice national solar installers that have lower prices due to their larger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or specials to compete with those larger 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 | $42,509 | 5.5 years |
| 8 kW | $2.78 | $15,594 | $56,984 | 5.4 years |
| 10 kW | $2.73 | $19,110 | $71,612 | 5.3 years |
| 12 kW | $2.68 | $22,473 | $86,394 | 5.2 years |
| 14 kW | $2.62 | $25,684 | $101,328 | 5.1 years |
| 16 kW | $2.57 | $28,741 | $116,414 | 5.0 years |
| 18 kW | $2.51 | $31,646 | $131,654 | 4.8 years |
| 20 kW | $2.46 | $34,398 | $147,047 | 4.7 years |
How to Save on Solar Panels
Since the kind of solar panels and the company you choose significantly influences your costs and your system's efficiency, production, and durability, it's important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Contract: Though reading through a contract can be tedious, it's important to do it carefully so you can make sure you understand what services your solar company will provide and the terms of the warranty.
- Warranty: A comprehensive, 25-year warranty can help keep your solar system running for a long time and save you money on repairs and maintenance.
- Reputation: Make sure your solar system installer has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like the EcoWatch team.
- Solar Panel Brands: Different companies will offer various brands and kinds of panels. If you want a specific brand, make sure the solar panel installer you're considering has it.
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 Greenfield, CA Solar Cost FAQs
What is the average cost of installing solar panels in Greenfield?
The average cost of solar panels in Greenfield is about $13,650 for a 5-kW system and $27,300 for a 10-kW system before the ITC, but the actual cost will depend on certain factors like the type of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider apart from cost when buying solar panels?
Cost is definitely one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Do solar panels increase how much your home is worth?
Solar panels can increase the value of your home significantly as long as you buy or finance your panels and don't choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing a solar system."
How often do you have to replace solar panels?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can choose to 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.