Solar Panel Cost Guide in Midway City, CA (2024 Update)
- Midway City Solar Installation Cost: $7,006
- 25-Year Savings: $13,257
- Payback Period: 9.3 Years
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Average Cost of Solar Panels in Midway City
Find out what the average cost of solar panels are in Midway City.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Midway City, the typical cost of solar panels is 3 per watt.Using this figure, a typical 2.9-kW system would cost about $7,006 before the 0 federal solar tax credit is applied.
The actual price you pay can be higher or lower than the average in Midway City based on several factors, such as the kind of solar panels you choose and the solar company you hire.Many homeowners find going solar is a rewarding investment. The average homeowner in Midway City can save about $25,000 on their power bills over 20 years.
You can click the button below to get connected with a pre-vetted solar installer in Midway City that can help you get a more accurate cost estimate for your home.
Solar savings over time in Midway City
| Year | Return on Investment |
|---|---|
| 1 years | $-5,821 |
| 3 years | $-3,451 |
| 5 years | $-1,082 |
| 7 years | $1,288 |
| 9 years | $3,657 |
| 11 years | $6,027 |
| 13 years | $8,396 |
| 15 years | $10,766 |
| 17 years | $13,135 |
| 19 years | $15,505 |
| 21 years | $17,874 |
| 23 years | $20,244 |
| 25 years | $22,613 |
Top Solar Installers in Midway City
Although you can install solar panels yourself, it involves extra time and knowledge. For that reason, the majority of homeowners choose a solar panel installer. A solar company can also help save you money in the long run by providing warranties, repairs and component replacements.
You can work with a local solar installer to get a free quote on how much solar panels could cost for your home. Here are some in Midway City:
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 Midway City
Factors that Affect Solar Panel Costs in Midway City
Even though the average cost of a solar system in Midway City is $7,006, your final cost may be above or below the average. There are many factors that can have a major impact on the cost of a residential solar panel installation. Below are some of the more important things to keep in mind.
Solar Equipment
The size of the solar energy system you need for your household, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by about $3,470. There are many different solar panel brands and the one you pick also affects the cost. In many cases, the brands that are more efficient tend to also cost more. Plus, the type of equipment you choose can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on energy bills over time, but they can also be a significant investment. That’s why many Midway City homeowners choose to finance their solar panel systems to make going solar more affordable.When figuring out your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
The remaining significant cost factor you should take into consideration is the installer you choose. Given the massive popularity of sustainable energy solutions in Midway City, you’ll have a great number of options to choose from, but each comes at various price points for labor and equipment.Some companies only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It’s best to do some research and decide on the company that offers the products, warranties and services you’re looking for 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 | $23,888 | 9.7 years |
| 8 kW | $3.54 | $19,821 | $32,239 | 9.5 years |
| 10 kW | $3.47 | $24,290 | $40,785 | 9.3 years |
| 12 kW | $3.40 | $28,565 | $49,525 | 9.1 years |
| 14 kW | $3.33 | $32,646 | $58,459 | 9.0 years |
| 16 kW | $3.26 | $36,532 | $67,588 | 8.8 years |
| 18 kW | $3.19 | $40,224 | $76,911 | 8.6 years |
| 20 kW | $3.12 | $43,722 | $86,428 | 8.4 years |
How to Save on Solar Panels
The solar panel company you choose will affect not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are several important things you should consider, such as:
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you choose.
- Contract: Review the contract terms closely to make sure you understand the overall cost, completion timeline rebates and warranties.
- Installation Process: Get details from your solar company about the installation process and what to expect, including when the site survey will be done and what the project timeline is.
- Warranty: A comprehensive, long-term warranty can help keep your solar system running for a long time and save you money on repairs and maintenance.
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 Midway City, CA Solar Cost FAQs
What is the average cost of installing solar panels in Midway City?
The average cost of solar panels in Midway City is about $17,350 for a 5-kW system and $34,700 for a 10-kW system before the ITC, but the actual cost will depend on things like the model of solar panels you want, what size system you need and how much energy you use.
Is cost the most important consideration when buying solar panels?
The initial cost is a key factor to consider, but whether it’s the most important for you depends on your goals for going solar. In areas where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to take into account are the quality and durability of your solar panels.
Is going solar worth it?
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 often do you have to replace solar panels?
Although 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 choose to replace them after having them for that long or you can keep using 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.