Solar Panel Cost Guide in Novato, CA (Jan 2023)
- Novato Solar Installation Cost: $6,020
- 25-Year Savings: $20,311
- Payback Period: 5.7 Years
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Top Solar Installers in Novato
When switching to solar energy, many homeowners opt to use a solar company since DIY solar panel installation can be a difficult project. The expertise that solar companies provide can be invaluable as well, especially if you aren't sure what brand of solar equipment would be right for your home.
You can get a free quote from a local solar installer on how much solar panels could cost for your home. Here are some near you:
See all of the solar companies in Novato
Factors that Affect Solar Panel Costs in Novato
For many Novato homeowners, the decision to go solar comes down to cost. However, the range of solar installation costs can be quite wide in Novato, with typical prices between $20,000 to $40,000. There are several factors that significantly influence the price you'll pay, which we'll go over below.
One of the most significant factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more power your household consumes, the larger your system will likely need to be. You can expect to pay around $2,730 per kilowatt in Novato. The brand and kind of equipment you want for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have limited roof space or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want extra equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a big investment. That's why many Novato homeowners decide to finance their solar panel systems to make going solar more affordable. While solar loans make switching to solar energy more accessible for Novato homeowners, they can also add to the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The final key cost factor you should consider is the installer you choose. Given the massive popularity of green energy solutions in Novato, you'll have many options to choose from, but each comes at various price points for labor and equipment. Some companies only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It's best to do some research and decide on the company that has 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||$38,220||5.9 years|
|8 kW||$2.78||$15,594||$51,266||5.8 years|
|10 kW||$2.73||$19,110||$64,465||5.7 years|
|12 kW||$2.68||$22,473||$77,816||5.6 years|
|14 kW||$2.62||$25,684||$91,321||5.5 years|
|16 kW||$2.57||$28,741||$104,978||5.4 years|
|18 kW||$2.51||$31,646||$118,788||5.3 years|
|20 kW||$2.46||$34,398||$132,751||5.1 years|
How to Save on Solar Panels
Since the type of solar panels and the installer you choose significantly influences your costs and your system's efficiency, production, and durability, it's important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Warranty: Warranties that cover replacement parts and repairs over around 25 years are the gold standard in the business, and offering that kind of warranty is one mark of a good company.
- Reputation: Make sure your solar company has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like EcoWatch.
- Contract: Read the contract terms thoroughly to make sure you understand how much it will cost, project timeline rebates and warranties.
- Solar Panel Brands: Different companies carry various brands and kinds of panels. If you know you want a specific brand, make sure the solar company you're considering has it.
EcoWatch's Novato, 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.