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.Using this figure, a typical 2.9-kW system would cost about $6,973 before the 0 federal solar tax credit is applied.
These figures are only averages, and your own solar costs will most likely look different based on the amount of energy your home requires and what company you want to go with.Even with the large upfront cost, the average Loma Linda homeowner can save around $28,000 on their electricity bills over 20 years, which is one of the advantages of solar.
To get a free estimate from a pre-vetted solar company in Loma Linda, you can 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
Many homeowners opt for a solar panel company since figuring out how to install solar panels by yourself can be hard. Also, companies with a high reputation that are more expensive upfront could actually save you money in the long term with their warranties, repair services and expert design.
You can get a free quote from a local solar installer on how much solar panels could cost for your home. Here are some in Loma Linda:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 differ. There are several factors that can have a significant impact on the cost of a solar panel installation. Below are some of the more crucial things to take into consideration.
Solar Equipment
The size of the solar panel system you need for your household, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $3,470. The type of solar panels and equipment you choose is another factor that will substantially impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more costly. Moreover, solar equipment is more than just the solar panels themselves. You’ll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking into a solar system that’s in your budget.
Solar Financing Terms
Most solar companies in Loma Linda have solar loans, which reduce the initial cost of installing solar.You’ll have to consider the long-term cost of loans, including the amount of interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs remarkably.
Solar Panel Installation Company
The final major cost factor you should consider is the installer you choose. Given the massive popularity of renewable energy solutions in Loma Linda, you’ll have lots of options to choose from, but each comes at different price points for labor and equipment.You may see national solar installers that have lower prices due to their larger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or promotions 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 | $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 system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since choosing a company can be a tough decision, we have some tips to help you, such as:
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, longevity and energy efficiency. They will come at different costs as well. The company you choose affects which solar panel brands you have access to.
- Warranty: If you care about the durability of your solar panel system, ensuring your company offers a 25-year, all-inclusive warranty can help put you at ease.
- Reputation: Well-established companies likely have a solid reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the project completion timeline.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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
What is the average cost of installing solar panels in Loma Linda?
This is a tough question to answer precisely, because the cost depends on many 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 other solar equipment or more efficient panels, or if you have above-average energy needs. Conversely, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
Are solar panels 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 feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Is it worth going solar in Loma Linda?
Whether or not solar panels are worth it depends on some different factors like the cost of electricity near you and how much direct sunlight your roof gets.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy needs and the average daily 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 buy 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.