Solar Panel Cost Guide in Maywood, CA (Feb 2023)
- Maywood Solar Installation Cost: $5,446
- 25-Year Savings: $12,848
- Payback Period: 7.4 Years
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Top Solar Installers in Maywood
Although you can install solar panels by yourself, it requires extra time and handiness. That's why the majority of homeowners choose to go with a solar panel installer. Companies can also offer access to quality options of the best solar panels and help you choose which one will be best for you.
If you're on the hunt for a solar company in Maywood, the EcoWatch team has organized a list of our top suggestions here:
See all of the solar companies in Maywood
Factors that Affect Solar Panel Costs in Maywood
There are a number of factors that can determine your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems that have higher efficiency or power production use better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $2,730. There are several different solar panel brands and the one you pick also changes the cost. In many cases, the brands that have better efficiency tend to also cost more. In addition, the type of equipment you're looking to install can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar companies in Maywood offer solar loans, which reduce the initial cost of installing solar. You'll have to consider the long-term cost of financing options, 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 more than the original cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs considerably.
Solar Panel Installation Company
The solar panel installer you choose will influence your total cost to go solar. Different companies will charge different amounts for the equipment and labor. Larger national companies generally have lower costs, but some local companies compete with them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or extra 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||$2.84||$11,925||$26,603||7.7 years|
|8 kW||$2.78||$15,594||$35,777||7.6 years|
|10 kW||$2.73||$19,110||$45,103||7.4 years|
|12 kW||$2.68||$22,473||$54,582||7.3 years|
|14 kW||$2.62||$25,684||$64,214||7.1 years|
|16 kW||$2.57||$28,741||$73,999||7.0 years|
|18 kW||$2.51||$31,646||$83,937||6.8 years|
|20 kW||$2.46||$34,398||$94,028||6.7 years|
How to Save on Solar Panels
There are numerous companies to choose from in Maywood, 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:
- Installation Process: When making the switch to solar power, it's essential to maintain an open line of communication with your solar panel installer. Confirm that you understand how the installation process will go and the project completion timeline.
- Reputation: Long-running companies 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 adequate aftercare and customer service, such as part repairs and replacements.
- Contract: It's important to look over your solar installer's contract thoroughly to understand what services they will provide, what the warranty covers and what you can expect about the installation process.
- Solar Panel Brands: Different companies carry different brands and models of panels. If you know you want a specific brand, make sure the solar panel company you're considering has it.
EcoWatch's Maywood, CA Solar Cost FAQs
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.