Solar Panel Cost Guide in Morgan Hill, CA (Dec 2022)

  • Morgan Hill Solar Installation Cost: $5,695
  • 25-Year Savings: $20,636
  • Payback Period: 5.4 Years

See cost of a solar system near you:

EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 11/09/2022

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Average Cost of Solar Panels in Morgan Hill

Let's take a look at the average cost of solar in Morgan Hill.

Although the national average of solar panels is $2.66 per watt, solar panels in Morgan Hill generally cost around $3. Because a 3.0-kW system is needed to cover the energy usage of a typical home in Morgan Hill, the average price of going solar will be about $5,695 before claiming the federal solar tax credit of 30%.

Remember that the numbers above are only averages. The price you'll end up paying for solar will differ based on your household energy consumption, the type of solar system you want to get, your solar contractor and more. But, after you've paid the initial cost of installation, the payback for most homeowners is typically good, with a net average savings of about $34,000 over 20 years on electricity bills.

Click the button below to get connected to a reputable solar panel company in Morgan Hill for a customized quote.

Solar savings over time in Morgan Hill

Year Return on Investment
1 years $-4,642
3 years $-2,535
5 years $-429
7 years $1,678
9 years $3,784
11 years $5,891
13 years $7,997
15 years $10,104
17 years $12,210
19 years $14,317
21 years $16,423
23 years $18,530
25 years $20,636

Top Solar Installers in Morgan Hill

DIY solar panel installation is a possibility, but it's an undertaking that can take a lot of hard work. Taking advantage of a solar company can make your swap to solar power much easier. Local solar installation companies can also help you optimize your return on investment by walking you through any local incentives you can take advantage of and by providing warranties and repairs.

If you're on the hunt for a solar company in Morgan Hill, we've organized a list of our top suggestions here:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best Technology

Tesla Energy

★★★★★
4.5

  • 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 Morgan Hill

Factors that Affect Solar Panel Costs in Morgan Hill

There are several factors that can affect your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.

Solar Equipment

The size of the solar energy system you need is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by about $2,730. There are several different solar panel brands and the one you pick also changes the cost. Typically, the brands that are more efficient tend to also be more expensive. Additionally, the type of equipment you're looking to get can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.

Solar Financing Terms

For some homeowners, paying for a solar system out of pocket can be financially overwhelming. Solar loans are offered by most installers in Morgan Hill, which can lower, or in some cases eliminate, your upfront costs to make solar more accessible. You'll have to consider the long-term cost of financing options, including the total 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 more than the principal cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs significantly.

Solar Panel Installation Company

Lastly, the company you get to install your solar panels can impact how much it costs. Morgan Hill'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 come with an above-average cost. It's best to do some research and go with the company that provides the products, warranties and services you're looking for 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 $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

There are a large number of companies to choose from in Morgan Hill, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, so here are some tips to help you decide:

  • Warranty: If you care about the longevity of your solar panel system, ensuring your installer offers a 25-year, all-inclusive warranty can help put you at ease.
  • Contract: Look through the contract terms carefully to make sure you understand the cost breakdown, project timeline rebates and warranties.
  • Reputation: Solar panel companies that have great reviews from their customers and that have been operating for many years in most cases offer quality solar panel installation and expertise.
  • Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and energy needs. Even though 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 options before deciding.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best Technology

Tesla Energy

★★★★★
4.5

  • 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 Morgan Hill, CA Solar Cost FAQs

What is the average cost of installing solar panels in Morgan Hill?

The average cost of solar panels in Morgan Hill is about $13,650 for a 5-kW system and $27,300 for a 10-kW system before the ITC, but the real cost will depend on stuff like the kind of solar panels you want, what size system you need and how much energy you consume.

Can you get solar panels for free in Morgan Hill?

A solar panel system isn't free in Morgan Hill, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.

How will installing solar panels impact my home value?

Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Morgan Hill is currently $894,243, which means you can look forward to a value of about $36,664 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Morgan Hill is a rewarding investment.

How often do you have to replace solar panels?

On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount of energy production.

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.

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