Solar Panel Cost Guide in Loma Linda, CA (2023 Update)
- Loma Linda Solar Installation Cost: $5,485
- 25-Year Savings: $15,376
- Payback Period: 6.6 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Loma Linda
Find out what the average cost of solar panels are in Loma Linda.
In Loma Linda, solar panels cost about 2.73 per watt on average. Since a 2.9-kW system is needed to cover the energy needs of a typical home in Loma Linda, the average price of going solar will be about $5,485 after claiming the federal solar tax credit of 30%.
Keep in mind that the numbers above are only averages. The price you'll end up paying for solar may vary based on your household energy use, the type of equipment you choose, your solar contractor and more. Many homeowners find going solar is a fruitful investment. The average homeowner in Loma Linda can save around $28,000 on their energy bills over 20 years.
Click the button below to get connected to a top solar company in your area for a personalized quote.
Solar savings over time in Loma Linda
| Year | Return on Investment |
|---|---|
| 1 years | $-4,650 |
| 3 years | $-2,981 |
| 5 years | $-1,312 |
| 7 years | $357 |
| 9 years | $2,025 |
| 11 years | $3,694 |
| 13 years | $5,363 |
| 15 years | $7,032 |
| 17 years | $8,701 |
| 19 years | $10,370 |
| 21 years | $12,039 |
| 23 years | $13,708 |
| 25 years | $15,376 |
Top Solar Installers in Loma Linda
Putting up solar panels yourself can be a challenging project, which is why getting a solar installer is a good option for many homeowners. In addition, if you'd like to maximize your investment in solar energy, going with a solar company can help with that too. Different providers can offer repairs, expertise on installation and sometimes even information on local incentives.
You can get a free quote from a local solar installer on how much solar panels could cost 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 Loma Linda
Factors that Affect Solar Panel Costs in Loma Linda
For many Loma Linda homeowners, the decision to install a solar energy system comes down to cost. However, the range of solar installation costs can be quite wide in Loma Linda, with typical prices between $20,000 to $40,000. There are several factors that considerably influence the price you'll pay, which we'll go over below.
Solar Equipment
The size of the solar system you need, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $2,730. There are many different solar panel brands and the one you pick also changes the cost. Typically, the brands that have better efficiency tend to also cost more. Plus, the type of equipment you're looking to install can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
If paying for solar panels in cash is out of reach, solar loans are a solid option because they decrease your upfront costs and allow you to pay for your system over five to seven years on average. Although solar loans make going solar more accessible for Loma Linda homeowners, they can also add to the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The solar installer you choose will play a role in your total cost to go solar. Different companies will charge different amounts for the equipment and labor. Some companies only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It's best to do some research and decide on the company that provides the products, warranties and services you want and also fit into your budget.
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 | $31,675 | 6.8 years |
| 8 kW | $2.78 | $15,594 | $42,540 | 6.7 years |
| 10 kW | $2.73 | $19,110 | $53,557 | 6.6 years |
| 12 kW | $2.68 | $22,473 | $64,727 | 6.4 years |
| 14 kW | $2.62 | $25,684 | $76,050 | 6.3 years |
| 16 kW | $2.57 | $28,741 | $87,525 | 6.2 years |
| 18 kW | $2.51 | $31,646 | $99,154 | 6.0 years |
| 20 kW | $2.46 | $34,398 | $110,935 | 5.9 years |
How to Save on Solar Panels
Since the brand of solar panels and the installer you choose has an impact on your costs and your system's efficiency, production, and durability, it's important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Warranty: Each company may offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Solar Panel Brands: Different companies offer various brands and kinds of panels. If you know you want a specific brand, make sure the solar panel installer you're considering has it.
- Reputation: Solar panel 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.
- Contract: When reading over your solar installer's contract, ask for clarification about any terms you're not sure of and make sure you understand what happens in scenarios such as a system component breaking or the company going out of business.
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 Loma Linda, CA Solar Cost FAQs
What is the average cost of installing solar panels in Loma Linda?
This is a hard question to answer exactly, because the cost depends on a variety of 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. You can expect to pay more if you want additional solar equipment or more efficient panels, or if you have above-average energy needs. Conversely, you can spend less if you want a smaller solar panel system or less efficient solar panels.
Is it better to lease or buy solar panels in Loma Linda?
Leasing solar panels can be an option if you can't afford to pay upfront or secure a solar loan, but since you don't own the system, you can't take advantage of many solar incentives. Also your home 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 financial benefits from going solar.
How will having solar panels impact my home value?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Loma Linda is currently $342,044, so you can look forward to a value of about $14,024 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Loma Linda is a fruitful investment.
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 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.