Solar Panel Cost Guide in Meiners Oaks, CA (Jan 2023)
- Meiners Oaks Solar Installation Cost: $5,465
- 25-Year Savings: $13,304
- Payback Period: 7.3 Years
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Top Solar Installers in Meiners Oaks
Although it's possible to install solar panels yourself, it involves extra labor and know-how. Because of that, most homeowners choose to hire a solar panel installer. Another great thing about choosing a vetted solar installer is that it'll likely provide warranties and free repairs, which help protect your investment.
If you're searching for a solar installer in Meiners Oaks, we've put together a list of our top suggestions here:
See all of the solar companies in Meiners Oaks
Factors that Affect Solar Panel Costs in Meiners Oaks
Cost is often one of the most important factors for homeowners considering investing in solar. There are a few primary factors that affect your total cost in Meiners Oaks: solar equipment and system size, financing options and the solar installation company you choose. We'll go over each of these briefly below.
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 a priority to accurately gauge the size of the solar energy system needed for your home by figuring out your average energy use. The type of solar panels and equipment you want is another factor that will substantially influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more expensive. Moreover, solar equipment goes beyond 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
Many homeowners find the average cost of solar in Meiners Oaks to be too steep, even if the investment pays off over time. Thankfully, nearly every solar company in the area provides access to financing options. Solar loans greatly decrease upfront costs in most cases, but they also lead to higher prices over time because of interest. However, the interest on solar loans also adds to your all-in costs, so it's crucial to consider that as well. You can always bring down the total you pay in interest and in some cases even your APR by putting more money down.
Solar Panel Installation Company
The remaining significant cost factor you should keep in mind is the installer you choose. Given the massive popularity of green energy solutions in Meiners Oaks, you'll have a great number of options to choose from, but each comes at various price points for labor and equipment. Larger national companies usually have lower costs, but some local companies keep up with them by offering 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||$2.84||$11,925||$27,391||7.6 years|
|8 kW||$2.78||$15,594||$36,827||7.4 years|
|10 kW||$2.73||$19,110||$46,416||7.3 years|
|12 kW||$2.68||$22,473||$56,157||7.1 years|
|14 kW||$2.62||$25,684||$66,052||7.0 years|
|16 kW||$2.57||$28,741||$76,100||6.9 years|
|18 kW||$2.51||$31,646||$86,300||6.7 years|
|20 kW||$2.46||$34,398||$96,653||6.6 years|
How to Save on Solar Panels
There are numerous companies to choose from in Meiners Oaks, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be difficult, so here are some tips to help you decide:
- Installation Process: When making the switch to solar energy, it's necessary to maintain an open line of communication with your solar company. See to it that you understand how the installation process works and the project timeline.
- Contract: Before you sign a contract with a solar installer, make sure to read it through carefully so you understand the terms. Also, ask questions if you aren't sure about some of the terms, such as what the warranty covers and what services you can expect from them.
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, longevity and energy 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: Each company may offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
EcoWatch's Meiners Oaks, 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.