Solar Panel Cost Guide in Huntington Park, CA (2024 Update)
- Huntington Park Solar Installation Cost: $6,920
- 25-Year Savings: $14,160
- Payback Period: 8.8 Years
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Average Cost of Solar Panels in Huntington Park
Let’s have a look at the average cost of solar panels in Huntington Park.
The average cost of a solar panel system in Huntington Park is 3 per watt.The average Huntington Park homeowner needs a 2.8-kilowatt system, which would cost about $6,920 with the federal tax credit, or $9,896 before the 0 tax credit is applied.
The prices above are just estimates to give you an idea of how much a solar energy system could cost. The exact cost of going solar can vary depending on several factors, such as how many panels you need, your energy consumption and what solar installer you go with.Even with the significant initial cost, the average Huntington Park homeowner can save about $26,000 on their electricity bills over 20 years, which is one of the benefits of solar.
Click the button below to get connected to a highly rated solar panel company in your area for a customized quote.
Solar savings over time in Huntington Park
Year | Return on Investment |
---|---|
1 years | $-5,736 |
3 years | $-3,366 |
5 years | $-997 |
7 years | $1,373 |
9 years | $3,742 |
11 years | $6,112 |
13 years | $8,481 |
15 years | $10,851 |
17 years | $13,220 |
19 years | $15,590 |
21 years | $17,959 |
23 years | $20,329 |
25 years | $22,698 |
Top Solar Installers in Huntington Park
DIY solar panel installation is a way to cut costs, but it's an undertaking that can be a pain. Going with an installer can make swapping over to solar power much easier. Another good thing about using a vetted solar installer is that it'll usually provide warranties and free repairs, which help protect your investment.
You can work with a local solar installer to get a free estimate on how much solar panels could cost for your home. Here are some in Huntington Park:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
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 Huntington Park
Factors that Affect Solar Panel Costs in Huntington Park
For many Huntington Park homeowners, the decision to adopt solar energy rests on cost. However, the range of solar installation costs can be quite wide in Huntington Park, with typical prices between $20,000 to $40,000. There are a few factors that considerably influence the price you’ll pay, which we'll go over below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems that have higher efficiency or power generation require better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,470.Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Huntington Park, 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 more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be financially overwhelming. Solar loans are provided by most installers in Huntington Park, which can bring down, or in some cases eliminate, your upfront costs to make solar more affordable.You’ll have to consider the long-term cost of loans, including the amount of interest you’ll pay over the length of the loan. If you can only 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 APR could reduce your costs considerably.
Solar Panel Installation Company
The solar company you go with to handle your switch to renewable energy can play a role in your total costs. There are about 3 solar panel companies operating throughout Huntington Park, and each can charge different amounts for labor and equipment.Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It’s best to do some research and find a company that has the products, warranties and services you’re looking for and also fit into your budget.
Solar Panel Cost Data by System Size
System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
---|---|---|---|---|
6 kW | $3.61 | $15,157 | $26,129 | 9.2 years |
8 kW | $3.54 | $19,821 | $35,227 | 9.0 years |
10 kW | $3.47 | $24,290 | $44,520 | 8.8 years |
12 kW | $3.40 | $28,565 | $54,007 | 8.6 years |
14 kW | $3.33 | $32,646 | $63,688 | 8.5 years |
16 kW | $3.26 | $36,532 | $73,564 | 8.3 years |
18 kW | $3.19 | $40,224 | $83,633 | 8.1 years |
20 kW | $3.12 | $43,722 | $93,898 | 7.9 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Reputation: Your solar installer should have a good reputation as a company and have demonstrated expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from previous customers.
- Warranty: Warranties that provide coverage for panel repairs and maintenance over a long period of time such as 25 years are the gold standard in the business, and offering that kind of warranty is one sign of a good company.
- Contract: Even though reading through a contract can be tedious, it’s important to do it thoroughly so you can be sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Solar Panel Brands: The brand of solar panel you need to get plays a role in which company you should opt for, since different companies provide different panels.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
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 Huntington Park, CA Solar Cost FAQs
What is the average cost of installing solar panels in Huntington Park?
This is a difficult question to answer exactly, because the cost depends on a few different factors. Broadly 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 be more expensive if you want extra solar equipment or more efficient panels, or if you have higher-than-average energy usage. On the flip side, you can spend less if you want a smaller solar panel system or less efficient solar panels.
Are solar panels free in Huntington Park?
You can’t get solar panels for free in Huntington Park. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d prefer to own your solar panels, you can finance them with a solar loan.
Do solar panels increase your home value?
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?
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 higher amount 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.