Solar Panel Cost Guide in Larkspur, CA (Feb 2023)
- Larkspur Solar Installation Cost: $6,020
- 25-Year Savings: $20,311
- Payback Period: 5.7 Years
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Top Solar Installers in Larkspur
Trying to put up solar panels by yourself can be a stressful project, which is why hiring 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.
If you're on the hunt for a solar company in Larkspur, the EcoWatch team has organized a list of our top suggestions here:
See all of the solar companies in Larkspur
Factors that Affect Solar Panel Costs in Larkspur
For many Larkspur homeowners, the decision to adopt solar energy rests on cost. However, the range of solar installation costs can be quite wide in Larkspur, with typical prices between $20,000 to $40,000. There are a number of factors that considerably influence the price you'll pay, which we'll go over below.
When it comes to estimating the price of solar panels in Larkspur, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home's energy consumption, which you can determine by looking at past energy bills. Your total cost can increase by around $2,730 for each additional kilowatt you need. The brand of solar panels and equipment you choose is another factor that will substantially impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Further, solar equipment is more than just the solar panels themselves. You'll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when researching a solar system that falls within your budget.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a big investment. That's why many Larkspur homeowners opt to finance their solar panel systems to make going solar more affordable. When figuring out your overall cost, you should also calculate the interest you'll pay if you choose to go with a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
The last significant cost factor you should consider is the installer you choose. Given the massive popularity of renewable energy solutions in Larkspur, you'll have a great number of options to choose from, but each comes at varying price points for labor and equipment. The company's size sometimes plays the most considerable role in your costs. Larger national companies, like SunPro and Sunrun, often have lower prices due to 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 promotion 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||$38,220||5.9 years|
|8 kW||$2.78||$15,594||$51,266||5.8 years|
|10 kW||$2.73||$19,110||$64,465||5.7 years|
|12 kW||$2.68||$22,473||$77,816||5.6 years|
|14 kW||$2.62||$25,684||$91,321||5.5 years|
|16 kW||$2.57||$28,741||$104,978||5.4 years|
|18 kW||$2.51||$31,646||$118,788||5.3 years|
|20 kW||$2.46||$34,398||$132,751||5.1 years|
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since picking a company can be difficult, we have some tips to help you, such as:
- Reputation: Make sure your solar system installer has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like EcoWatch.
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you go with.
- Warranty: Warranties that provide coverage for defective panels and repairs over a couple decades are the gold standard in the business, and offering such a warranty is one indication of a quality company.
- Contract: It's important to read your solar installer's contract thoroughly to understand what services they will provide, what the warranty covers and what you can expect about the installation process.
EcoWatch's Larkspur, 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.