Solar Panel Cost Guide in Loma Linda, CA (2024 Update)
- Loma Linda Solar Installation Cost: $6,973
- 25-Year Savings: $15,375
- Payback Period: 8.4 Years
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Average Cost of Solar Panels in Loma Linda
Let’s have a look at the average cost of solar panels in Loma Linda.
In Loma Linda, solar panels cost about 3 per watt on average.The average Loma Linda homeowner needs a 2.9-kilowatt system, which would cost about $6,973 with the federal tax credit, or $9,971 before the 0 tax credit is applied.
These figures are just estimates, and your own solar costs may vary based on the amount of energy your home requires and what company you choose to go with.With average savings of about $28,000 on power bills over 20 years, many homeowners in Loma Linda find installing solar panels can pay off big.
For a customized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Loma Linda
Year | Return on Investment |
---|---|
1 years | $-5,788 |
3 years | $-3,419 |
5 years | $-1,049 |
7 years | $1,320 |
9 years | $3,690 |
11 years | $6,059 |
13 years | $8,429 |
15 years | $10,798 |
17 years | $13,168 |
19 years | $15,537 |
21 years | $17,907 |
23 years | $20,276 |
25 years | $22,646 |
Top Solar Installers in Loma Linda
Although you can install solar panels on your own, it involves extra energy and know-how. That's one of the reasons almost all homeowners choose to go with a solar panel installer. Plus, if you’re not certain what type of solar panels and equipment you want, a solar expert can help you find the right equipment for you after a site survey and consultation.
You can get a free quote from a local solar installer 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 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 Loma Linda
Factors that Affect Solar Panel Costs in Loma Linda
Though the average cost of a solar system in Loma Linda is $6,973, your final cost may be above or below the average. There are many factors that can have a sizable impact on the cost of a solar panel installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. That’s why it’s crucial to accurately gauge the size of the solar energy system needed for your home by figuring out your energy needs.The kind of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more in the long run on your energy bills. In addition, extra products, such as solar batteries, can bring your total well above the Loma Linda average.
Solar Financing Terms
If paying for solar panels in cash is too expensive, solar loans are a solid choice 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.However, the interest on solar loans also increases your overall costs, so it’s crucial to include that in your estimate as well. You can always lower the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
The solar company you go with to handle your switch to green energy can have an effect on your total costs. There are about 3 solar panel companies operating in Loma Linda, and each can charge varying amounts for labor and equipment.Larger national companies usually 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 | $28,443 | 8.7 years |
8 kW | $3.54 | $19,821 | $38,313 | 8.5 years |
10 kW | $3.47 | $24,290 | $48,377 | 8.4 years |
12 kW | $3.40 | $28,565 | $58,635 | 8.2 years |
14 kW | $3.33 | $32,646 | $69,088 | 8.0 years |
16 kW | $3.26 | $36,532 | $79,735 | 7.9 years |
18 kW | $3.19 | $40,224 | $90,576 | 7.7 years |
20 kW | $3.12 | $43,722 | $101,611 | 7.5 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since picking a company can be a tough decision, we have some tips to help you, such as:
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, durability and efficiency. They will come at different price points as well. The company you choose plays a role in which solar panel brands you have access to.
- Warranty: A high-quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years most likely provide high-quality solar panel installation and expertise.
- Installation Process: Get details from your solar company about the installation process and what to expect, including when the site survey will be completed and what the project timeline is.
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 Loma Linda, CA Solar Cost FAQs
How much does it cost to install solar panels in Loma Linda?
This is a tough question to answer exactly, because the cost depends on a variety of 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 be more expensive if you want additional solar equipment or higher quality panels, or if you have higher-than-average energy consumption. Conversely, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
Can you get solar panels for free in Loma Linda?
A solar panel system isn’t free in Loma Linda, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Is going solar worth it?
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 consumption and the average daily sunlight your roof gets. You can take a 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 install 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.