Solar Panel Cost Guide in Morada, CA (Jan 2023)
- Morada Solar Installation Cost: $5,790
- 25-Year Savings: $20,541
- Payback Period: 5.5 Years
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Top Solar Installers in Morada
DIY solar panel installation is a way to cut costs, but it's an undertaking that can use up a lot of your time and energy. Hiring a solar panel installer can make your swap to solar power much easier. The expertise that solar companies provide can be valuable as well, especially if you aren't sure what brand of solar equipment you need.
There are various licensed solar professionals that can help you install your solar system. Here are our suggestions:
See all of the solar companies in Morada
Factors that Affect Solar Panel Costs in Morada
Cost is often one of the most important factors for homeowners wanting to invest in solar. There are a few primary factors that will push your cost above or below the average in Morada: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. Because of that, it's crucial to accurately gauge the size of the solar energy system needed for your home by figuring out your energy needs. The solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more over time on your power bills. Additionally, extra products, such as solar batteries, can bump up your total well above the Morada average.
Solar Financing Terms
Solar panels can save you money on energy bills over time, but they can also be a big investment. That's why many Morada homeowners choose to finance their solar panel systems to offset upfront costs. 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're only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or getting a solar loan with a low interest rate could reduce your costs remarkably.
Solar Panel Installation Company
The last key cost factor you should keep in mind is the installer you choose. Given the massive popularity of clean energy solutions in Morada, you'll have a great number of options to choose from, but each comes at varying price points for labor and equipment. You may notice national solar installers that have lower prices because of their bigger brand name and access to bulk prices, or you might see small, local installation companies offering deals or specials 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||$40,284||5.7 years|
|8 kW||$2.78||$15,594||$54,017||5.6 years|
|10 kW||$2.73||$19,110||$67,904||5.5 years|
|12 kW||$2.68||$22,473||$81,943||5.4 years|
|14 kW||$2.62||$25,684||$96,135||5.3 years|
|16 kW||$2.57||$28,741||$110,481||5.2 years|
|18 kW||$2.51||$31,646||$124,979||5.1 years|
|20 kW||$2.46||$34,398||$139,630||4.9 years|
How to Save on Solar Panels
The solar panel company you opt for will affect not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should consider, such as:
- Reputation: Make sure your solar company has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like EcoWatch.
- Contract: Although reading through a contract can take a lot of time, it's important to do it fully so you can be sure you understand what services your solar company will provide and the terms of the warranty.
- Solar Panel Brands: The kind of solar panel you need to get plays a part in which installer you should choose, since different companies have different panels.
- Installation Process: Get detailed information 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.
EcoWatch's Morada, 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.