Solar Panel Cost Guide in Mayfair, CA (2024 Update)
- Mayfair Solar Installation Cost: $7,234
- 25-Year Savings: $20,639
- Payback Period: 6.9 Years
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Average Cost of Solar Panels in Mayfair
We go over average solar pricing in Mayfair.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Mayfair, the typical cost of a solar system is 3 per watt.Using this figure, a typical 3.0-kW system would cost about $7,234 before the 0 federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Mayfair homeowners. The cost of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor.With average savings of about $34,000 on utility bills over 20 years, many homeowners in Mayfair find installing solar panels can pay off big.
Click the button below to get connected to a vetted solar panel company in Mayfair for a custom quote.
Solar savings over time in Mayfair
| Year | Return on Investment |
|---|---|
| 1 years | $-5,696 |
| 3 years | $-2,621 |
| 5 years | $455 |
| 7 years | $3,531 |
| 9 years | $6,607 |
| 11 years | $9,683 |
| 13 years | $12,758 |
| 15 years | $15,834 |
| 17 years | $18,910 |
| 19 years | $21,986 |
| 21 years | $25,062 |
| 23 years | $28,137 |
| 25 years | $31,213 |
Top Solar Installers in Mayfair
Although it's possible to install solar panels by yourself, it involves extra energy and know-how. That's one of the reasons almost all homeowners choose to hire a solar panel installer. Companies can also provide access to various kinds of the best solar panels and help you pick which one will be right for you.
You can get a free estimate from a local solar installer on how much solar panels could cost for your home. Here are some 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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Mayfair
Factors that Affect Solar Panel Costs in Mayfair
Cost is typically one of the most important factors for homeowners considering investing in solar. There are a few primary factors that affect your total cost in Mayfair: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. That’s why it’s important to accurately ascertain the size of the solar energy system needed for your home by figuring out your typical energy use.The type of solar equipment you choose can bring your price up or down 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. On the other hand, more efficient panels could save you more over time on your energy bills. Additionally, add-on products, such as solar batteries, can bring your total well above the Mayfair average.
Solar Financing Terms
Most solar installers in Mayfair have solar loans, which reduce the initial cost of installing a solar system.It’s a good idea to add the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it’ll take to pay off the loan.
Solar Panel Installation Company
The solar company you choose to handle your switch to renewable energy can play a part in your total costs. There are about 3 solar panel companies in Mayfair, and each can charge different amounts for labor and equipment.Companies that only sell high-efficiency and high-priced products — 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 find a company that offers 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 | $3.61 | $15,157 | $37,888 | 7.1 years |
| 8 kW | $3.54 | $19,821 | $50,906 | 7.0 years |
| 10 kW | $3.47 | $24,290 | $64,119 | 6.9 years |
| 12 kW | $3.40 | $28,565 | $77,525 | 6.7 years |
| 14 kW | $3.33 | $32,646 | $91,126 | 6.6 years |
| 16 kW | $3.26 | $36,532 | $104,922 | 6.5 years |
| 18 kW | $3.19 | $40,224 | $118,911 | 6.3 years |
| 20 kW | $3.12 | $43,722 | $133,095 | 6.2 years |
How to Save on Solar Panels
There are numerous companies to choose from in Mayfair, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:
- Reputation: Solar installers that have great reviews from their customers and that have been operating for many years in most cases provide high-quality solar panel installation and expertise.
- Warranty: A comprehensive, 25-year warranty can help keep your solar panel system running for years to come and save you money on repairs and maintenance.
- Installation Process: Homeowners should make sure they understand how exactly the installation process will be carried out, as well as important factors like the project completion timeline.
- Solar Panel Brands: The type of solar panel you need to install plays a part in which company you should opt for, since different companies have different panels.
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
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Mayfair, CA Solar Cost FAQs
How much does it cost to install solar panels in Mayfair?
This is a hard question to answer exactly, 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. You can expect to pay more if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy usage. On the other hand, you can spend less if you want a smaller solar panel system or less expensive solar panels.
Can you get solar panels for free in Mayfair?
A solar panel system isn’t free in Mayfair, but there are some options that can make getting them more affordable, 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 it worth going solar in Mayfair?
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 long do solar panels last in Mayfair?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is their energy production will have decreased significantly after that point. You can replace them once you've had them for that long or you can continue to use them at a lower efficiency.
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.