Solar Panel Cost Guide in La Palma, CA (Mar 2023)
- La Palma Solar Installation Cost: $5,504
- 25-Year Savings: $13,265
- Payback Period: 7.3 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in La Palma
Find out what the average cost of installing solar panels is in La Palma.
The national average cost of solar panels is $2.66 per watt, but in La Palma it's 2.73 per watt. The average solar panel system size in La Palma is around 2.9 kilowatts, meaning a cost of about $5,504 for a solar installation, or $7,871 before the 30% federal solar tax credit is applied.
These figures are only estimates, and your own solar costs will look different based on the amount of energy your home requires and what company you go with. Many homeowners find installing solar panels is a rewarding investment. The average homeowner in La Palma can save about $25,000 on their electricity bills over 20 years.
To receive a free estimate from a vetted solar company in La Palma, you can click the button below.
Solar savings over time in La Palma
| Year | Return on Investment |
|---|---|
| 1 years | $-4,753 |
| 3 years | $-3,251 |
| 5 years | $-1,750 |
| 7 years | $-248 |
| 9 years | $1,253 |
| 11 years | $2,755 |
| 13 years | $4,256 |
| 15 years | $5,758 |
| 17 years | $7,259 |
| 19 years | $8,761 |
| 21 years | $10,262 |
| 23 years | $11,764 |
| 25 years | $13,265 |
Top Solar Installers in La Palma
Although it's possible to install solar panels on your own, it takes extra effort and know-how. That's why almost all homeowners choose a solar panel installer. The expertise that solar installers offer can be invaluable as well, especially if you don't quite know what kind of solar equipment you need.
There are various licensed solar professionals that can install solar panels for you. 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 La Palma
Factors that Affect Solar Panel Costs in La Palma
For many La Palma homeowners, the decision to install a solar energy system rests on cost. However, the range of solar installation costs can be quite wide in La Palma, with typical prices between $20,000 to $40,000. There are numerous factors that greatly influence the price you'll pay, which we'll go over below.
Solar Equipment
One of the most significant 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 energy your household consumes, the larger your system will likely need to be. You can expect to pay about $2,730 per kilowatt in La Palma. There are a lot of different solar panel brands and the one you pick also affects the cost. In general, the brands that offer higher efficiency tend to also cost more. In addition, the type of equipment you're looking to install can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a big investment. That's why many La Palma homeowners opt to finance their solar panel systems to make paying for solar more affordable. You'll have to consider the long-term cost of financing options, 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 securing a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
Finally, the company you hire to install your solar system can affect the cost. La Palma's solar companies all have different labor costs and add varying upcharges to equipment. The company's size can sometimes play the most significant role in your costs. Larger national companies, like SunPro and Sunrun, often have lower prices because they have 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 down 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 | $27,120 | 7.6 years |
| 8 kW | $2.78 | $15,594 | $36,466 | 7.5 years |
| 10 kW | $2.73 | $19,110 | $45,965 | 7.3 years |
| 12 kW | $2.68 | $22,473 | $55,617 | 7.2 years |
| 14 kW | $2.62 | $25,684 | $65,421 | 7.0 years |
| 16 kW | $2.57 | $28,741 | $75,379 | 6.9 years |
| 18 kW | $2.51 | $31,646 | $85,489 | 6.8 years |
| 20 kW | $2.46 | $34,398 | $95,752 | 6.6 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because choosing a company can be a challenge, we have some tips to help you, such as:
- Warranty: A high-quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to do the job well. Another way you can verify your installer's reputation is by reading reviews.
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, durability and energy efficiency. They will come at different prices as well. The company you choose has an impact on which solar panel brands you have access to.
- Contract: Although reading through a contract can take a lot of time, 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.
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 La Palma, CA Solar Cost FAQs
What is the average cost of installing solar panels in La Palma?
This is a difficult question to answer exactly, because the cost depends on a variety of factors. Broadly speaking, it costs about $13,650 for a 5-kW system and $27,300 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 usage. On the other hand, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
Is cost the most important consideration when buying solar panels?
Cost is definitely one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Does La Palma have a net metering program?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just offer you credit toward your future electricity bills.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you should find out how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.
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.