Solar Panel Cost Guide in Lindsay, CA (2023 Update)
- Lindsay Solar Installation Cost: $5,657
- 25-Year Savings: $13,112
- Payback Period: 7.5 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Lindsay
We break down average solar pricing in Lindsay.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Lindsay, the typical cost of a solar system is 2.73 per watt. The average Lindsay homeowner needs a 3.0-kilowatt system, which would cost about $5,657 with the federal tax credit, or $8,090 before the 30% tax credit 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 making the switch to solar can vary quite a bit depending on several factors, such as how many panels you need, your energy consumption and what company you go with. Even with the large upfront cost, the average Lindsay homeowner can save about $24,000 on their electricity bills over 20 years, which is one of the positives of solar.
To get a free estimate from a pre-vetted solar installation company in Lindsay, you can click the button below.
Solar savings over time in Lindsay
| Year | Return on Investment |
|---|---|
| 1 years | $-4,906 |
| 3 years | $-3,404 |
| 5 years | $-1,903 |
| 7 years | $-401 |
| 9 years | $1,100 |
| 11 years | $2,602 |
| 13 years | $4,103 |
| 15 years | $5,605 |
| 17 years | $7,106 |
| 19 years | $8,608 |
| 21 years | $10,109 |
| 23 years | $11,611 |
| 25 years | $13,112 |
Top Solar Installers in Lindsay
Although it's possible to install solar panels by yourself, it takes extra labor and expertise. That's one of the reasons most homeowners choose to hire a solar panel installer. The expertise that solar installers offer can be invaluable as well, especially if you don't quite know what kind of solar equipment would be right for your home.
If you're looking for a solar company in Lindsay, we've organized 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 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 Lindsay
Factors that Affect Solar Panel Costs in Lindsay
Cost is usually one of the most important factors for homeowners considering investing in solar. There are a few primary factors that affect your total cost 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 adopting solar energy 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 spend about $2,730 per kilowatt in Lindsay. The brand and kind of equipment you get for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want extra equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
If paying for solar panels in cash is difficult, solar loans are a solid option because they decrease your upfront costs and let you pay for your system over five to seven years on average. When considering your overall cost, you should also calculate the interest you'll pay if you go with a solar loan. Also, paying a higher down payment 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 clean energy solutions in Lindsay, you'll have many options to choose from, but each comes at varying price points for labor and equipment. You may see national solar installers that have lower prices due to their bigger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or specials to compete with those major players.
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 | $26,136 | 7.8 years |
| 8 kW | $2.78 | $15,594 | $35,154 | 7.7 years |
| 10 kW | $2.73 | $19,110 | $44,325 | 7.5 years |
| 12 kW | $2.68 | $22,473 | $53,648 | 7.4 years |
| 14 kW | $2.62 | $25,684 | $63,125 | 7.2 years |
| 16 kW | $2.57 | $28,741 | $72,754 | 7.1 years |
| 18 kW | $2.51 | $31,646 | $82,536 | 6.9 years |
| 20 kW | $2.46 | $34,398 | $92,471 | 6.8 years |
How to Save on Solar Panels
There are a lot of companies available in Lindsay, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, so here are some tips to help you decide:
- Installation Process: Homeowners should make sure they know how exactly the installation process will go, as well as important factors like the project timeline.
- Contract: Before signing a contract with a solar installer, make sure you look it over fully so you understand the terms. Also, ask questions if you aren't sure about some of the terms, such as what to do if a component breaks or malfunctions and if there are any guarantees about energy production.
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you go with.
- Reputation: Your solar installer should have a good reputation as a company and have proven expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from past customers.
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 Lindsay, CA Solar Cost FAQs
How much does it cost to install solar panels in Lindsay?
The average cost of solar panels in Lindsay is about $13,650 for a 5-kW system and $27,300 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as the type of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in Lindsay?
Leasing solar panels can be an option if you are unable to pay upfront or get a solar loan, but since you don't own the system, you don't have access to many solar incentives. Also your property 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 savings from going solar.
Is it worth going solar in Lindsay?
Whether or not solar panels are worth it depends on some different factors like local electricity rates and how much direct sunlight your roof gets.
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 how much 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 account for 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.