Solar Panel Cost Guide in Lindsay, CA (2024 Update)
- Lindsay Solar Installation Cost: $7,187
- 25-Year Savings: $13,115
- Payback Period: 9.6 Years
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Average Cost of Solar Panels in Lindsay
Let’s take a look at the average cost of solar in Lindsay.
The national average cost of solar panels is $2.66 per watt, but in Lindsay it’s 3 per watt.To cover the typical energy usage of the average home in Lindsay, most homeowners require a 3.0-kilowatt system. Using the per-watt figure above, a solar installation costs around $7,187, or $10,277 before the federal solar tax credit of 0 is applied.
The prices above are just estimates to give you an idea of how much a solar energy system could cost. The exact cost of installing solar panels can vary based on a few factors, such as what size system you need, your energy consumption and what installation company you go with.Even with the significant upfront cost, the average Lindsay homeowner can save around $24,000 on their electricity bills over 20 years, which is one of the advantages of solar.
You can click the button below to get connected with a vetted solar company in Lindsay for a quote for your home.
Solar savings over time in Lindsay
Year | Return on Investment |
---|---|
1 years | $-6,002 |
3 years | $-3,633 |
5 years | $-1,263 |
7 years | $1,106 |
9 years | $3,476 |
11 years | $5,845 |
13 years | $8,215 |
15 years | $10,584 |
17 years | $12,954 |
19 years | $15,323 |
21 years | $17,693 |
23 years | $20,062 |
25 years | $22,432 |
Top Solar Installers in Lindsay
Many homeowners opt for a solar installation company since trying to put up solar panels on your own can be hard. Another great thing about going with a top solar installer is that it'll provide warranties and free repairs, which help protect your investment.
If you're looking for a solar installer in Lindsay, the EcoWatch team has compiled a list of our top suggestions here:
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 Lindsay
Factors that Affect Solar Panel Costs in Lindsay
Cost is typically one of the most important factors for homeowners wanting to invest in solar. There are a few major factors that will push your cost above or below the average in Lindsay: solar equipment and system size, financing options and the solar installation company you choose. We’ll go over each of these briefly below.
Solar Equipment
One of the most important factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more power your household consumes, the larger your system will likely need to be. You can expect to pay around $3,470 per kilowatt in Lindsay.Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Lindsay, where sunlight is abundant, efficiency can quickly pay off. In addition, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar installers in Lindsay provide solar loans, which reduce the initial cost of installing solar panels.It’s a good idea to factor the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it’ll take to pay off the loan.
Solar Panel Installation Company
The solar panel installation company you select will influence your total cost to adopt solar energy. Different companies will charge different amounts for the equipment and labor.You may come across national solar installers that have lower prices because of their larger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or promotions to compete with those larger companies.
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 | $22,904 | 10.0 years |
8 kW | $3.54 | $19,821 | $30,927 | 9.8 years |
10 kW | $3.47 | $24,290 | $39,145 | 9.6 years |
12 kW | $3.40 | $28,565 | $47,557 | 9.4 years |
14 kW | $3.33 | $32,646 | $56,163 | 9.2 years |
16 kW | $3.26 | $36,532 | $64,963 | 9.0 years |
18 kW | $3.19 | $40,224 | $73,958 | 8.8 years |
20 kW | $3.12 | $43,722 | $83,147 | 8.6 years |
How to Save on Solar Panels
The solar panel company you choose will impact not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should take into account, such as:
- Reputation: Long-standing companies likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
- Solar Panel Brands: Different companies offer different brands and models of panels. If you want a specific brand, make sure the solar panel installer you’re considering has it.
- Warranty: Each company may offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Installation Process: An important thing to understand when adopting solar energy is the installation process itself. Be sure to align on any details you need to know with your solar installer, such as what permits you should acquire and how long the project will take.
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 Lindsay, CA Solar Cost FAQs
What is the average cost of installing solar panels in Lindsay?
This is a hard question to answer exactly, because the cost depends on many factors. Generally speaking, it costs about $17,350 for a 5-kW system and $34,700 for a 10-kW system after the ITC is applied. You can expect to pay more if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy needs. Conversely, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
Is cost the most important consideration when buying solar panels?
The initial cost is a crucial factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In areas where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to think about are the quality and durability of your solar panels.
Is it worth going solar in Lindsay?
Whether or not solar panels are worth it depends on a variety of factors like how much you pay for electricity and the amount of direct sunlight your roof gets.
How often do you have to replace solar panels?
On average, solar panels can last 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 higher 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.