Solar Panel Cost Guide in Livermore, CA (2023 Update)
- Livermore Solar Installation Cost: $5,754
- 25-Year Savings: $20,577
- Payback Period: 5.5 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Livermore
Let's have a look at the average cost of solar in Livermore.
Although the national average of solar panels is $2.66 per watt, solar panels in Livermore generally cost about 2.73. To cover the typical energy usage of the average home in Livermore, most homeowners require a 3.0-kilowatt system. Using the figure above, a solar installation costs around $5,752, or $8,225 before the federal solar tax credit of 30% is applied.
The actual price you pay can go above or below the average in Livermore depending on a variety of factors, such as the model of solar panels you choose and the solar company you hire. Many homeowners find installing a solar system is a fruitful investment. The average homeowner in Livermore can save around $33,000 on their electricity bills over 20 years.
You can click the button below to get connected with a top solar installer in Livermore for a quote for your home.
Solar savings over time in Livermore
| Year | Return on Investment |
|---|---|
| 1 years | $-4,216 |
| 3 years | $-1,140 |
| 5 years | $1,936 |
| 7 years | $5,011 |
| 9 years | $8,087 |
| 11 years | $11,163 |
| 13 years | $14,239 |
| 15 years | $17,315 |
| 17 years | $20,390 |
| 19 years | $23,466 |
| 21 years | $26,542 |
| 23 years | $29,618 |
| 25 years | $32,694 |
Top Solar Installers in Livermore
When making the switch to solar, many homeowners decide to use a solar installation company since DIY solar panel installation can be a challenging project. The payback period on a solar system will vary based on factors like your roof configuration and energy usage, but going with a solar installer can help you reach a break-even point sooner. Your provider will be able to help you get the most out of incentives available in your area.
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:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
See all of the solar companies in Livermore
Factors that Affect Solar Panel Costs in Livermore
While the average cost of a solar system in Livermore is $5,752, your actual cost may differ. There are many factors that can have a sizable impact on the cost of a solar system installation. Below are some of the more important things to take into consideration.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. That's why it's crucial to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs. Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Livermore, where sunlight is abundant, efficiency can quickly pay off. Plus, 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
Many homeowners find the average cost of solar in Livermore to be prohibitively expensive, even if the investment pays off over time. Fortunately, almost every solar installer in the area provides financing options. Solar loans substantially decrease upfront costs in most cases, but they also result in higher prices over time due to interest. It's a good idea to add the interest you'll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and the amount of time it'll take to pay off the loan.
Solar Panel Installation Company
The remaining key cost factor you should take into consideration is the installer you choose. Given the massive popularity of clean energy solutions in Livermore, you'll have plenty of options to choose from, but each comes at varying price points for labor and equipment. Additionally, some companies in Livermore know more about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for that service. 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 | $40,546 | 5.7 years |
| 8 kW | $2.78 | $15,594 | $54,367 | 5.6 years |
| 10 kW | $2.73 | $19,110 | $68,341 | 5.5 years |
| 12 kW | $2.68 | $22,473 | $82,468 | 5.4 years |
| 14 kW | $2.62 | $25,684 | $96,747 | 5.2 years |
| 16 kW | $2.57 | $28,741 | $111,180 | 5.1 years |
| 18 kW | $2.51 | $31,646 | $125,765 | 5.0 years |
| 20 kW | $2.46 | $34,398 | $140,504 | 4.9 years |
How to Save on Solar Panels
There are many companies available in Livermore, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be tough, so here are some tips to help you decide:
- Contract: Read the contract terms thoroughly to make sure you understand how much it will cost, completion timeline rebates and warranties.
- Reputation: Companies that have been in business for many years likely have a good reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Warranty: If you care about the durability of your solar system, verifying that your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and how much efficiency they need. Although there are many options for which brand of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to ask for their list of offerings before making your decision.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
EcoWatch's Livermore, CA Solar Cost FAQs
How much does it cost to install solar panels in Livermore?
The average cost of solar panels in Livermore 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 like the model of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Livermore?
You can't get solar panels for free in Livermore. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd prefer to own your solar panels, you can finance them with a solar loan.
Is it worth going solar in Livermore?
Solar panels can be a great investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your electricity bills are already fairly low, solar panels might not be for you.
How often do you have to replace solar panels?
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 higher amount 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.