Solar Panel Cost Guide in Muscoy, CA (2023 Update)
- Muscoy Solar Installation Cost: $6,973
- 25-Year Savings: $13,283
- Payback Period: 9.3 Years
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Updated October 25, 2023
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Average Cost of Solar Panels in Muscoy
Here’s how much it might cost to install solar panels in Muscoy.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Muscoy, the average cost of a solar system is 3 per watt.Because a 2.9-kW system is needed to cover the energy consumption of a typical home in Muscoy, the average price of going solar will be about $6,973 after claiming the federal solar tax credit of 0.
The prices above are just estimates to give you an idea of the cost of solar panels. The exact cost of making the switch to solar can vary depending on a few factors, such as how many panels you need, your energy usage and what installation company you go with.Despite the high initial cost, the average Muscoy homeowner can save about $25,000 on their energy bills over 20 years, which is one of the advantages of solar.
Click the button below to get connected to a highly rated solar installer in Muscoy for a custom quote.
Solar savings over time in Muscoy
| Year | Return on Investment |
|---|---|
| 1 years | $-5,788 |
| 3 years | $-3,419 |
| 5 years | $-1,049 |
| 7 years | $1,320 |
| 9 years | $3,690 |
| 11 years | $6,059 |
| 13 years | $8,429 |
| 15 years | $10,798 |
| 17 years | $13,168 |
| 19 years | $15,537 |
| 21 years | $17,907 |
| 23 years | $20,276 |
| 25 years | $22,646 |
Top Solar Installers in Muscoy
When switching to solar energy, many homeowners decide to hire a solar installer since handling can be a difficult project. Local solar installation companies can also help you maximize your return on investment by assisting with any local incentives and by offering warranties and repairs.
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 near you:
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 Muscoy
Factors that Affect Solar Panel Costs in Muscoy
For many Muscoy homeowners, the decision to install a solar energy system comes down to cost. However, the range of solar installation costs can be quite wide in Muscoy, with typical prices between $20,000 to $40,000. There are a number of factors that greatly influence the price you’ll pay, which we'll go over below.
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, your total will most likely increase by around $3,470. The brand of solar panels and equipment you choose is another factor that will considerably impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Further, solar equipment goes beyond just the solar panels themselves. You’ll also need to decide on 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
For some homeowners, paying for solar out of pocket can be difficult. Solar loans are available from most installers in Muscoy, which can reduce, or in some cases totally eliminate, your upfront costs to make solar more accessible.Though solar loans make switching to solar energy more accessible for Muscoy homeowners, they can also increase the total you pay for your system, depending on your interest rate. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
A final consideration when trying to estimate the cost of solar for your home or business in Muscoy is the company you get to install your PV system. Similar to choosing a company to build a deck or pool, for instance, you’ll have many options for solar installers that provide a range of services for different budgets.You may see national solar installers that have lower prices because of their larger brand name and access to bulk prices, or you might see small, local installation companies offering deals or specials to compete with those larger companies.
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 | $24,071 | 9.7 years |
| 8 kW | $3.54 | $19,821 | $32,483 | 9.5 years |
| 10 kW | $3.47 | $24,290 | $41,090 | 9.3 years |
| 12 kW | $3.40 | $28,565 | $49,891 | 9.1 years |
| 14 kW | $3.33 | $32,646 | $58,886 | 8.9 years |
| 16 kW | $3.26 | $36,532 | $68,076 | 8.7 years |
| 18 kW | $3.19 | $40,224 | $77,459 | 8.5 years |
| 20 kW | $3.12 | $43,722 | $87,038 | 8.4 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the completion timeline.
- Contract: Although reading through a contract can take a lot of time, it’s important to do it thoroughly so you can make sure you understand how much the equipment and services will cost and the terms of the warranty.
- Reputation: Your solar installer should have a good reputation as a company and have demonstrated expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from previous customers.
- Warranty: A comprehensive, long-term warranty can help keep your solar panels running for years to come and save you money on part replacement and repairs.
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 Muscoy, CA Solar Cost FAQs
What is the average cost of installing solar panels in Muscoy?
The average cost of solar panels in Muscoy 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 certain factors such as the kind of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Muscoy?
Leasing solar panels can be an option if you can’t afford to pay upfront or get a solar loan, but since you don’t own the system, you can’t take advantage of many solar incentives. Also your property value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most bang for your buck from going solar.
Do solar panels increase your property 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 Muscoy is currently $414,841, which means you could be looking at a value of about $17,008 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Muscoy is a worthwhile investment.
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level 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.