Solar Panel Cost Guide in Mission Viejo, CA (2023 Update)
- Mission Viejo Solar Installation Cost: $5,512
- 25-Year Savings: $15,393
- Payback Period: 6.6 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Mission Viejo
Let's take a look at the average cost of solar in Mission Viejo.
The average cost of a solar system in Mission Viejo is 2.73 per watt. Using this figure, a typical 2.9-kW system would cost about $5,504 before the 30% federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average Mission Viejo homeowner. The cost of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor. But, once you've paid the upfront cost of installation, the savings for most homeowners is quite good, with a net average savings of about $28,000 over 20 years on utility bills.
For a personalized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Mission Viejo
| Year | Return on Investment |
|---|---|
| 1 years | $-3,853 |
| 3 years | $-534 |
| 5 years | $2,784 |
| 7 years | $6,102 |
| 9 years | $9,420 |
| 11 years | $12,738 |
| 13 years | $16,057 |
| 15 years | $19,375 |
| 17 years | $22,693 |
| 19 years | $26,011 |
| 21 years | $29,329 |
| 23 years | $32,648 |
| 25 years | $35,966 |
Top Solar Installers in Mission Viejo
DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a headache. Hiring an installer can make converting to solar power much easier. A solar installer can also help save you money over time by providing warranties, repairs and system component replacements.
If you're looking for a solar company in Mission Viejo, the EcoWatch team has organized a list of our top suggestions here:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
See all of the solar companies in Mission Viejo
Factors that Affect Solar Panel Costs in Mission Viejo
Even though the average cost of a solar system in Mission Viejo is $5,504, your final cost may differ. There are several factors that can have a significant impact on the cost of a residential solar panel installation. Below are some of the more important things to consider.
Solar Equipment
The size of the solar system you need for your household, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $2,730. The type of solar panels and equipment you get is another factor that will considerably impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Moreover, solar equipment goes beyond just the solar panels themselves. You'll also need to make decisions about 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 falls within your budget.
Solar Financing Terms
Most solar companies in Mission Viejo offer solar loans, which reduce the initial cost of installing a solar system. It's wise 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 the amount of time it'll take to pay off the loan.
Solar Panel Installation Company
Lastly, the company you choose to install your solar panels can play a role in determining the cost. Mission Viejo's solar companies all have different labor costs and add varying upcharges to equipment. Companies that only sell products with high efficiency and therefore a higher price point — 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 go with the company that has the products, warranties and services you want and also is within 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 | $2.84 | $11,925 | $31,563 | 6.9 years |
| 8 kW | $2.78 | $15,594 | $42,389 | 6.7 years |
| 10 kW | $2.73 | $19,110 | $53,369 | 6.6 years |
| 12 kW | $2.68 | $22,473 | $64,501 | 6.5 years |
| 14 kW | $2.62 | $25,684 | $75,787 | 6.3 years |
| 16 kW | $2.57 | $28,741 | $87,225 | 6.2 years |
| 18 kW | $2.51 | $31,646 | $98,816 | 6.1 years |
| 20 kW | $2.46 | $34,398 | $110,560 | 5.9 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since choosing a company can be a challenge, we have some tips to help you, such as:
- Reputation: Companies that have been in business for many years 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.
- Installation Process: Get details from your solar installer about the installation process and what to expect, such as when the site survey will be completed and what the project timeline is.
- Contract: When looking over your solar company's contract, ask for clarification about any terms you're not sure of and make sure you understand what happens in scenarios like a system part breaking or if the company goes out of business.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and energy needs. While there are many options for which type of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to ask for their list of offerings before making your decision.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
EcoWatch's Mission Viejo, CA Solar Cost FAQs
How much does it cost to install solar panels in Mission Viejo?
The average cost of solar panels in Mission Viejo is about $13,650 for a 5-kW system and $27,300 for a 10-kW system before the ITC, but the actual cost will depend on stuff like the model of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider in addition to cost when buying solar panels?
Cost is definitely one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Can solar panels completely eradicate my electricity bills?
It is possible to erase your electricity bills with solar panels, but for most homeowners throughout Mission Viejo, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you'll want to check with a local solar installer to see how many panels can fit on your roof.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and how much sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to account for their typical energy usage.
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.