Solar Panel Cost Guide in Milpitas, CA (Feb 2023)
- Milpitas Solar Installation Cost: $5,695
- 25-Year Savings: $20,636
- Payback Period: 5.4 Years
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Top Solar Installers in Milpitas
Although it's possible to install solar panels by yourself, it requires extra effort and expertise. Because of that, most people choose to go with a solar panel installer. A solar company can also help save you money in the long run by offering warranties, repairs and component replacements.
There are various licensed solar professionals that can install solar panels for you. Here are our suggestions:
See all of the solar companies in Milpitas
Factors that Affect Solar Panel Costs in Milpitas
The cost of installing a solar system in Milpitas can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The most significant one is the size of the system your household needs, and other factors include equipment choices, financing options and the solar installer you choose.
The size of the solar 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, you can expect your total to increase by around $2,730. Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Milpitas, where sunlight is abundant, efficiency can quickly pay off. Also, if you have a small roof or you don't have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for solar panels out of pocket is out of reach, solar loans are an affordable choice because they lower your upfront costs and allow you to pay for your system over five to seven years on average. It's a good idea to add the interest you'll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and how long it'll take to pay back the loan.
Solar Panel Installation Company
The solar company you hire to handle your switch to sustainable energy can have an effect on your total costs. There are about 3 solar installation companies in Milpitas, and each can charge different amounts for labor and equipment. You may come across national solar installers that have lower prices due to their larger brand name and access to bulk pricing, 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||$2.84||$11,925||$41,015||5.6 years|
|8 kW||$2.78||$15,594||$54,993||5.5 years|
|10 kW||$2.73||$19,110||$69,123||5.4 years|
|12 kW||$2.68||$22,473||$83,407||5.3 years|
|14 kW||$2.62||$25,684||$97,843||5.2 years|
|16 kW||$2.57||$28,741||$112,432||5.1 years|
|18 kW||$2.51||$31,646||$127,174||5.0 years|
|20 kW||$2.46||$34,398||$142,069||4.9 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. Because selecting a company can be difficult, we have some tips to help you, such as:
- 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 cost.
- Warranty: A comprehensive, long-term warranty can help keep your solar panel system running for years to come and save you money on part replacement and repairs.
- Installation Process: Make sure you're aligned with the company regarding how the installation process will go and what you need to do before your solar panel system is installed, such as updating or replacing your electrical system or roof.
- Solar Panel Brands: The model of solar panel you need to get plays a part in which installer you should opt for, since different companies offer different panels.
EcoWatch's Milpitas, 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.