Solar Panel Cost Guide in Grover Beach, CA (Mar 2023)
- Grover Beach Solar Installation Cost: $5,504
- 25-Year Savings: $20,827
- Payback Period: 5.2 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Grover Beach
Find out what the average cost of solar panel installation is in Grover Beach.
The average cost of a solar system in Grover Beach is 2.73 per watt. The average Grover Beach homeowner needs a 2.9-kilowatt system, which would cost about $5,504 with the federal tax credit, or $7,871 before the 30% tax credit is applied.
These figures are just averages, and your own solar costs will most likely differ based on your energy needs and what company you go with. With typical savings of about $35,000 on utility bills over 20 years, many homeowners in Grover Beach find installing solar panels has a decent ROI.
You can click the button below to get connected with a top solar installer in Grover Beach for a quote for your home.
Solar savings over time in Grover Beach
| Year | Return on Investment |
|---|---|
| 1 years | $-4,450 |
| 3 years | $-2,344 |
| 5 years | $-237 |
| 7 years | $1,869 |
| 9 years | $3,975 |
| 11 years | $6,082 |
| 13 years | $8,188 |
| 15 years | $10,295 |
| 17 years | $12,401 |
| 19 years | $14,508 |
| 21 years | $16,614 |
| 23 years | $18,721 |
| 25 years | $20,827 |
Top Solar Installers in Grover Beach
Trying to put up solar panels on your own can be a stressful project, which is why getting a solar installation company is a good option for many homeowners. Also, companies with an outstanding reputation that cost more upfront could actually save you money in the long run because of their warranties, repair services and expert design.
There are various licensed solar professionals that can take care of your solar installation project. 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 Technology
Tesla Energy
- 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 Grover Beach
Factors that Affect Solar Panel Costs in Grover Beach
Although the average cost of a solar system in Grover Beach is $5,504, your actual cost may be above or below the average. There are quite a few factors that can have a sizable impact on the cost of a residential solar panel installation. Below are some of the more crucial things to consider.
Solar Equipment
The size of the solar energy system you need to offset your energy usage, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $2,730. There are many different solar panel brands and the one you choose also affects the cost. Generally speaking, the brands that offer higher efficiency tend to also cost more. Additionally, the type of equipment you choose can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
If paying for a solar system in cash is out of reach, solar loans are a popular option because they cut back your upfront costs and let you pay for your system over five to seven years on average. You'll have to consider the long-term cost of financing options, including the total interest you'll pay over the length of the loan. If you're only able to 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 finding a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
The final key cost factor you should keep in mind is the installer you choose. Given the massive popularity of green energy solutions in Grover Beach, you'll have a great number of options to choose from, but each comes at varying price points for labor and equipment. The size of the company sometimes plays the most significant role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because of access to more resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger 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 | $43,009 | 5.4 years |
| 8 kW | $2.78 | $15,594 | $57,651 | 5.3 years |
| 10 kW | $2.73 | $19,110 | $72,446 | 5.2 years |
| 12 kW | $2.68 | $22,473 | $87,394 | 5.1 years |
| 14 kW | $2.62 | $25,684 | $102,494 | 5.0 years |
| 16 kW | $2.57 | $28,741 | $117,748 | 4.9 years |
| 18 kW | $2.51 | $31,646 | $133,154 | 4.8 years |
| 20 kW | $2.46 | $34,398 | $148,714 | 4.7 years |
How to Save on Solar Panels
Since the kind of solar panels and the installation company you choose has an impact on your costs and your system's durability and efficiency, it's important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Solar Panel Brands: Different companies will offer different brands and kinds of panels. If you want a specific brand, make sure the solar panel installer you're considering has it.
- Warranty: Warranties that provide coverage for panel repairs and maintenance over a couple decades are the best you can get in the business, and offering such a warranty is one mark of a good company.
- Reputation: Companies that have been in business for many years likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
- Contract: When looking through your solar installer's contract, ask questions about any terms you're not sure of and make sure you understand what happens in scenarios such as a system part breaking or the company going out of business.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Technology
Tesla Energy
- 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 Grover Beach, CA Solar Cost FAQs
What is the average cost of installing solar panels in Grover Beach?
The average cost of solar panels in Grover Beach 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 things like the kind of solar panels you want, what size system you need and how much energy you consume.
Is it better to lease or buy solar panels in Grover Beach?
Leasing solar panels can be an option if you are unable to pay upfront or get 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 financial benefits from going solar.
Does Grover Beach have a net metering program?
The majority of states offer net metering programs of some kind. Through these, you can get paid for the extra power your system produces or or receive credits to put toward future electricity bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is 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 level 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.