Solar Panel Cost Guide in Hanford, CA (Feb 2023)

  • Hanford Solar Installation Cost: $5,618
  • 25-Year Savings: $16,932
  • Payback Period: 6.2 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated January 20, 2023

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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 Hanford

Let's take a look at the average cost of solar panels in Hanford.

The average cost of a solar panel system in Hanford is $3 per watt. The average solar panel system size in Hanford is around 2.9 kilowatts, meaning a cost of about $5,618 for a solar installation, or $4,157 after the 30% federal solar tax credit is applied.

The actual price you pay can be above or below the average in Hanford based on a few factors, such as the type of solar panels you choose and the solar company you hire. With average savings of about $29,000 on electricity bills over 20 years, many homeowners in Hanford find investing in solar can pay off big.

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

Solar savings over time in Hanford

Year Return on Investment
1 years $-4,716
3 years $-2,912
5 years $-1,108
7 years $696
9 years $2,500
11 years $4,304
13 years $6,108
15 years $7,912
17 years $9,716
19 years $11,520
21 years $13,324
23 years $15,128
25 years $16,932

Top Solar Installers in Hanford

Trying to install solar panels on your own can be a stressful undertaking, which is why hiring a solar installer is a good option for many homeowners. Also, companies with a good reputation that cost more upfront could actually save you money in the long run with their warranties, repair services and expert design.

Working with a licensed solar company can help you make the most of your investment in solar. Here are our recommendations:

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

Tesla Energy

★★★★★
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 Hanford

Factors that Affect Solar Panel Costs in Hanford

The cost of installing a solar system in Hanford can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The most significant one is your system size, and other factors include equipment choices, financing options and the solar installer you choose.

Solar Equipment

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 power your household consumes, the larger your system will likely need to be. You can expect to pay about $2,730 per kilowatt in Hanford. The brand and kind of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want extra equipment like an electric vehicle charger or solar batteries, this will also increase the cost.

Solar Financing Terms

Solar panels can save you money on energy bills over many years, but they can also be a significant investment. That's why many Hanford homeowners decide to finance their solar panel systems to offset upfront costs. While solar loans make adopting solar energy more accessible for Hanford homeowners, they can also increase the total you pay for your system, depending on your interest rate. If you make a larger down payment, though, you can cut back on how much interest you have to pay.

Solar Panel Installation Company

The solar company you hire to handle your switch to clean energy can have an effect on your total costs. There are about 3 solar panel companies in Hanford, and each can charge different amounts for labor and equipment. The size of the company sometimes plays the most significant role in your costs. Larger national companies, like SunPro and Sunrun, often have lower prices because of access to more resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower to compete with bigger names.

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 $34,110 6.5 years
8 kW $2.78 $15,594 $45,786 6.4 years
10 kW $2.73 $19,110 $57,615 6.2 years
12 kW $2.68 $22,473 $69,597 6.1 years
14 kW $2.62 $25,684 $81,731 6.0 years
16 kW $2.57 $28,741 $94,019 5.9 years
18 kW $2.51 $31,646 $106,459 5.7 years
20 kW $2.46 $34,398 $119,052 5.6 years

How to Save on Solar Panels

There are a lot of companies to choose from in Hanford, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be tough, so here are some tips to help you decide:

  • Solar Panel Brands: The type of solar panel you want plays a role in which company you should go with, since different companies offer different panels.
  • Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to get the job done well. Another way you can check your installer's reputation is by reading reviews.
  • Contract: When reading over your solar installer's contract, ask for clarification about any terms you're not sure of and be sure you understand what happens in scenarios such as a system part breaking or the company going out of business.
  • Installation Process: Homeowners should make sure they understand how exactly the installation process will go, as well as important factors like the project 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

Tesla Energy

★★★★★
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 Hanford, CA Solar Cost FAQs

How much does it cost to install solar panels in Hanford?

The average cost of solar panels in Hanford 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 type of solar panels you want, what size system you need and how much energy you consume.

What other factors should I consider apart from cost when buying solar panels?

Cost is a very important factor to consider, but whether it's the most important for you depends on your reasons for going solar. In areas where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to take into account are the quality and durability of your solar panels.

Is making the switch to solar worth it?

Solar panels can be a fruitful investment for lots of homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your electricity bills are already reasonably low, solar panels might not be for you.

What solar power system size is right for my home?

The exact number of solar panels you need depends on your household energy consumption and the amount of sunlight your roof gets. You can 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 install between 20 and 35 panels to cover 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.

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