Solar Panel Cost Guide in Lemon Hill, CA (Feb 2023)
- Lemon Hill Solar Installation Cost: $5,886
- 25-Year Savings: $14,693
- Payback Period: 7.2 Years
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Top Solar Installers in Lemon Hill
When switching to solar energy, many homeowners choose to hire a solar company since overseeing your solar installation yourself can be a difficult project. Companies can also offer access to quality options of the best solar panels and help you choose which one will be best for your home.
If you'd like to switch to solar energy but still aren't certain which solar system company to go with, here are our suggestions for providers near you:
See all of the solar companies in Lemon Hill
Factors that Affect Solar Panel Costs in Lemon Hill
Cost is often one of the most important factors for homeowners who are considering investing in solar. There are a few key factors that determine your overall cost in Lemon Hill: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.
When it comes to estimating the cost of a solar energy system in Lemon Hill, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home's energy usage, which you can determine by looking at past electricity bills. Your overall cost can increase by about $2,730 for each additional kilowatt you need. The kind of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more over time on your power bills. In addition, add-on products, such as solar batteries, can bring your total well above the Lemon Hill average.
Solar Financing Terms
If paying for solar panels out of pocket is out of reach, solar loans are a popular option because they lower your upfront costs and allow you to pay for your system over five to seven years on average. You'll have to consider the long-term cost of financing options, including the total 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 considerably.
Solar Panel Installation Company
The last key cost factor you should consider is the installer you choose. Given the massive popularity of renewable energy solutions in Lemon Hill, you'll have lots of options to choose from, but each comes at various price points for labor and equipment. Additionally, some companies in Lemon Hill have more knowledge about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you more money in the long run.
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||$28,112||7.4 years|
|8 kW||$2.78||$15,594||$37,789||7.3 years|
|10 kW||$2.73||$19,110||$47,618||7.2 years|
|12 kW||$2.68||$22,473||$57,601||7.0 years|
|14 kW||$2.62||$25,684||$67,736||6.9 years|
|16 kW||$2.57||$28,741||$78,024||6.7 years|
|18 kW||$2.51||$31,646||$88,465||6.6 years|
|20 kW||$2.46||$34,398||$99,059||6.4 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:
- Contract: When looking over your solar company's contract, ask questions about any terms you're not sure of and make sure you understand what happens in scenarios such as a system component breaking or the company going out of business.
- Warranty: A comprehensive, long-term warranty can help keep your solar panels running smoothly and save you money on part replacement and repairs.
- Solar Panel Brands: Different companies have different brands and kinds of panels. If you know you want a specific brand, make sure the solar installer you're considering has it.
- Reputation: Solar installers that have great reviews from their customers and that have been operating for many years in most cases provide high-quality solar panel installation and expertise.
EcoWatch's Lemon Hill, 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.