Solar Panel Cost Guide in Lemoore, CA (2023 Update)
- Lemoore Solar Installation Cost: $5,618
- 25-Year Savings: $16,932
- Payback Period: 6.2 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated May 04, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in Lemoore
Here's how much it might cost to switch to solar power in Lemoore.
In Lemoore, solar panels cost about 2.73 per watt on average. Since a 2.9-kW system is needed to cover the energy consumption of a typical home in Lemoore, the average price of going solar will be about $5,618 after claiming the federal solar tax credit of 30%.
Keep in mind that the figures above are only estimates based on the average energy use of Lemoore homeowners. The cost of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor. Despite the high upfront cost, the average Lemoore homeowner can save about $29,000 on their power bills over 20 years, which is one of the positives of solar.
To see your potential ROI and connect with a local solar installer, click the button below.
Solar savings over time in Lemoore
| Year | Return on Investment |
|---|---|
| 1 years | $-4,716 |
| 3 years | $-2,912 |
| 5 years | $-1,108 |
| 7 years | $696 |
| 9 years | $2,500 |
| 11 years | $4,304 |
| 13 years | $6,108 |
| 15 years | $7,912 |
| 17 years | $9,716 |
| 19 years | $11,520 |
| 21 years | $13,324 |
| 23 years | $15,128 |
| 25 years | $16,932 |
Top Solar Installers in Lemoore
DIY solar panel installation is a way to cut costs, but it's an undertaking that can be a pain. Using an installer can make swapping over to solar power much easier. Companies can also have access to quality options of the best solar panels and help you pick which one will be best for you.
You can work with a local solar installer to get a free quote on the cost of solar panels for your home. Here are some nearby:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
See all of the solar companies in Lemoore
Factors that Affect Solar Panel Costs in Lemoore
For many Lemoore homeowners, the decision to adopt solar energy rests on cost. However, the range of solar installation costs can be quite wide in Lemoore, with typical prices between $20,000 to $40,000. There are numerous factors that significantly influence the price you'll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the cost of a solar panel system in Lemoore, 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 usage, which you can gauge by looking at past electricity bills. Your total cost can increase by about $2,730 for each additional kilowatt you need. Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Lemoore, where sunlight is abundant, efficiency can quickly pay off. Plus, if you have a small roof or you don't have a lot of 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
If paying for a solar system in cash is out of reach, solar loans are an affordable option because they reduce your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years. You'll have to consider the long-term cost of loans, including the amount of interest you'll pay over the length of the loan. If you're only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the original cost. Making a larger down payment or securing a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Lemoore is the company you hire to install your PV system. Similar to choosing a company to build a deck or pool, for example, there's no shortage of solar installers that provide a range of services for different budgets. Additionally, some companies in Lemoore know more about local solar incentives and can help you learn about 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 | $34,110 | 6.5 years |
| 8 kW | $2.78 | $15,594 | $45,786 | 6.4 years |
| 10 kW | $2.73 | $19,110 | $57,615 | 6.2 years |
| 12 kW | $2.68 | $22,473 | $69,597 | 6.1 years |
| 14 kW | $2.62 | $25,684 | $81,731 | 6.0 years |
| 16 kW | $2.57 | $28,741 | $94,019 | 5.9 years |
| 18 kW | $2.51 | $31,646 | $106,459 | 5.7 years |
| 20 kW | $2.46 | $34,398 | $119,052 | 5.6 years |
How to Save on Solar Panels
There are many companies available in Lemoore, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be tough, so here are some tips to help you decide:
- Solar Panel Brands: Different companies will carry various brands and kinds of panels. If you want a specific brand, make sure the solar panel installer you're considering has it.
- Contract: Read the contract terms thoroughly to make sure you understand how much it will cost, project timeline incentives and warranties.
- Installation Process: When making the switch to solar power, it's crucial to maintain an open line of communication with your solar installer. See to it that you understand how the installation process works and the project completion timeline.
- Reputation: Solar system installers that have great reviews from their customers and that have been operating for many years in most cases offer high-quality solar panel installation and expertise.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
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 precisely, because the cost depends on many 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 be more expensive if you want additional solar equipment or higher quality panels, or if you have higher-than-average energy consumption. On the other hand, you can spend less if you want a smaller solar panel system or cheaper solar panels.
Are solar panels free in Lemoore?
A solar panel system isn't free in Lemoore, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Can solar panels eliminate my power bills?
Solar panels can potentially eliminate your electricity bills depending on where you're located and how much sunlight your home gets. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $1,534.50 per year.
How long do solar panels last in Lemoore?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level of energy production.
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.