Solar Panel Cost Guide in Lake Arrowhead, CA (Feb 2023)
- Lake Arrowhead Solar Installation Cost: $5,485
- 25-Year Savings: $13,284
- Payback Period: 7.3 Years
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Top Solar Installers in Lake Arrowhead
Trying to put up solar panels by yourself can be a stressful undertaking, which is why using a solar installation company is a good option for many homeowners. The expertise that solar installers provide can be invaluable as well, particularly if you don't quite know what type of solar equipment would be right for your home.
There are several licensed solar professionals that can install solar panels for you. Here are our suggestions:
See all of the solar companies in Lake Arrowhead
Factors that Affect Solar Panel Costs in Lake Arrowhead
For many Lake Arrowhead homeowners, the decision to install solar panels rests on cost. However, the range of solar installation costs can be quite wide in Lake Arrowhead, 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.
The cost of solar panels varies by thousands of dollars due to a variety of factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power generation need better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $2,730. There are a lot of different solar panel brands and the one you pick also changes the cost. Generally, the brands that have better efficiency tend to also cost more. Plus, the type of equipment you want to install can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Many homeowners find the average cost of solar in Lake Arrowhead to be prohibitively steep, even if the investment pays off over time. Thankfully, nearly every solar company in the area provides access to financing options. Solar loans remarkably decrease upfront costs in most cases, but they also result in paying more over time because of interest. When estimating your overall cost, you should also calculate the interest you'll pay if you go with a solar loan. Also, paying more on your down payment can lower the total interest paid over time.
Solar Panel Installation Company
The remaining significant cost factor you should consider is the installer you choose. Given the massive popularity of clean energy solutions in Lake Arrowhead, you'll have many options to choose from, but each comes at various price points for labor and equipment. The company's size sometimes plays the most significant role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower pricing due to access to greater 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||$27,303||7.6 years|
|8 kW||$2.78||$15,594||$36,710||7.5 years|
|10 kW||$2.73||$19,110||$46,270||7.3 years|
|12 kW||$2.68||$22,473||$55,982||7.2 years|
|14 kW||$2.62||$25,684||$65,848||7.0 years|
|16 kW||$2.57||$28,741||$75,866||6.9 years|
|18 kW||$2.51||$31,646||$86,038||6.7 years|
|20 kW||$2.46||$34,398||$96,362||6.6 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 brands and price points. To help you find the right company for you, here are some tips to keep in mind:
- Installation Process: Get details from your solar installer about the installation process and what to expect, including when the site survey will be completed and what the project timeline is.
- Contract: It's important to read through your solar installer's contract closely to understand what services they will provide, what the warranty covers and what you can expect about the cost.
- Reputation: Make sure your solar 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 carry various brands and kinds of panels. If you know you want a specific brand, make sure the solar installer you're considering has it.
EcoWatch's Lake Arrowhead, CA Solar Cost FAQs
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.