Solar Panel Cost Guide in Lemoore, CA (2024 Update)
- Lemoore Solar Installation Cost: $7,139
- 25-Year Savings: $16,934
- Payback Period: 7.9 Years
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Average Cost of Solar Panels in Lemoore
See how much it might cost to make the switch to solar in Lemoore.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Lemoore, the average cost of a solar system is 3 per watt.To cover the typical energy needs of the average home in Lemoore, most homeowners require a 2.9-kilowatt system. Using the figure above, a solar installation costs about $7,139, or $10,209 before the federal solar tax credit of 0 is applied.
Keep in mind that the figures above are only estimates based on the average Lemoore homeowner. The price of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor.Many homeowners find installing a solar system is a rewarding investment. The average homeowner in Lemoore can save about $29,000 on their electricity bills over 20 years.
To get a free quote from a highly rated solar company in Lemoore, you can click the button below.
Solar savings over time in Lemoore
| Year | Return on Investment |
|---|---|
| 1 years | $-5,601 |
| 3 years | $-2,525 |
| 5 years | $551 |
| 7 years | $3,626 |
| 9 years | $6,702 |
| 11 years | $9,778 |
| 13 years | $12,854 |
| 15 years | $15,930 |
| 17 years | $19,005 |
| 19 years | $22,081 |
| 21 years | $25,157 |
| 23 years | $28,233 |
| 25 years | $31,309 |
Top Solar Installers in Lemoore
Do-it-yourself solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a headache. Hiring a solar panel installer can make swapping over to solar power much easier. The payback period on an investment in solar panels will vary based on factors like your roof configuration and energy usage, but working with a solar company can shorten it. Your provider will be able to help you apply for incentives available in your area.
Working with a vetted solar company can help you make the most of your investment in solar. Here are our recommendations:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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
See all of the solar companies in Lemoore
Factors that Affect Solar Panel Costs in Lemoore
Although the average cost of a solar system in Lemoore is $7,139, your final cost may be higher or lower than that. There are several factors that can have a significant impact on the cost of a solar panel installation. Below are some of the more important things to keep in mind.
Solar Equipment
The size of the solar panel system you need, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $3,470. Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Lemoore, where sunlight is abundant, efficiency can quickly pay off. In addition, 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 difficult. Solar loans are offered by most installers in Lemoore, which can reduce, or in some cases totally eliminate, your upfront costs to make solar more accessible.Even though solar loans make adopting solar energy more accessible for Lemoore homeowners, they can also add to the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The solar installer you opt for to handle your switch to renewable energy can play a role in your total costs. There are about 3 solar panel companies in Lemoore, and each can charge varying amounts for labor and equipment.Larger national companies generally have lower costs, but some local companies undercut them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or add-on services like electric vehicle charger installation, they might be cheaper overall.
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 | $30,878 | 8.2 years |
| 8 kW | $3.54 | $19,821 | $41,559 | 8.1 years |
| 10 kW | $3.47 | $24,290 | $52,435 | 7.9 years |
| 12 kW | $3.40 | $28,565 | $63,505 | 7.8 years |
| 14 kW | $3.33 | $32,646 | $74,769 | 7.6 years |
| 16 kW | $3.26 | $36,532 | $86,228 | 7.4 years |
| 18 kW | $3.19 | $40,224 | $97,881 | 7.3 years |
| 20 kW | $3.12 | $43,722 | $109,728 | 7.1 years |
How to Save on Solar Panels
There are numerous companies available in Lemoore, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:
- Warranty: A quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the project timeline.
- Reputation: Solar installers that have great reviews from their customers and that have been operating for many years most likely provide good-quality solar panel installation and expertise.
- Contract: Before you sign a contract with a solar installer, make sure you read it through completely so you understand the terms. Also, ask questions if you’re not sure about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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
EcoWatch's Lemoore, CA Solar Cost FAQs
What is the average cost of installing solar panels in Lemoore?
This is a hard question to answer exactly, because the cost depends on many 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 cost more if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the flip side, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
Is it better to lease or buy solar panels in Lemoore?
Leasing solar panels can be an option if you can’t pay upfront or secure a solar loan, but since you don’t own the system, you don’t have access to many solar incentives. Also your home value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most bang for your buck from going solar.
Do solar panels increase how much your home is worth?
Solar panels can increase the value of your home considerably as long as you buy or finance your panels and don’t opt for 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."
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy usage and the average daily sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to get between 20 and 35 panels to cover their typical energy usage.
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.