Solar Panel Cost Guide in Oak Hills, CA (2023 Update)
- Oak Hills Solar Installation Cost: $5,485
- 25-Year Savings: $13,284
- Payback Period: 7.3 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Oak Hills
Let's have a look at the average cost of solar panels in Oak Hills.
The average cost of solar panels in Oak Hills is 2.73 per watt. Since a 2.9-kW system is needed to cover the energy usage of a typical home in Oak Hills, the average price of going solar will be about $5,485 after claiming the federal solar tax credit of 30%.
Keep in mind that the figures above are only estimates based on the average energy use of Oak Hills homeowners. The cost of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor. Many homeowners find adopting solar power is a solid investment. The average homeowner in Oak Hills can save around $25,000 on their energy bills over 20 years.
To see your potential savings and connect with a local solar company, click the button below.
Solar savings over time in Oak Hills
| Year | Return on Investment |
|---|---|
| 1 years | $-4,734 |
| 3 years | $-3,232 |
| 5 years | $-1,731 |
| 7 years | $-229 |
| 9 years | $1,272 |
| 11 years | $2,774 |
| 13 years | $4,275 |
| 15 years | $5,777 |
| 17 years | $7,278 |
| 19 years | $8,780 |
| 21 years | $10,281 |
| 23 years | $11,783 |
| 25 years | $13,284 |
Top Solar Installers in Oak Hills
Installing solar panels yourself can be a stressful undertaking, which is why using a solar installation company is a good option for many homeowners. A solar installer can also help save you money in the long run by offering warranties, repairs and system component replacements.
Working with a professional solar installer can make going solar easier. Here are our recommendations:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
See all of the solar companies in Oak Hills
Factors that Affect Solar Panel Costs in Oak Hills
For many Oak Hills homeowners, the decision to go solar depends on cost. However, the range of solar installation costs can be quite wide in Oak Hills, with typical prices between $20,000 to $40,000. There are numerous factors that considerably influence the price you'll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the cost of a solar energy system in Oak Hills, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home's energy usage, which you can gauge by looking at past power bills. Your overall cost can increase by about $2,730 for each additional kilowatt you need. The model of solar panels and equipment you get is another factor that will greatly impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Moreover, solar equipment consists of more than 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 searching for a solar system that falls within your budget.
Solar Financing Terms
Most solar installers in Oak Hills have solar loans, which reduce your upfront costs of installing a solar system. 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 more than the original cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
The last key cost factor you should take into consideration is the installer you choose. Given the massive popularity of sustainable energy solutions in Oak Hills, you'll have a great number of options to choose from, but each comes at different price points for labor and equipment. Additionally, some companies in Oak Hills are more knowledgeable about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could help you save more money in the long run.
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 | $27,303 | 7.6 years |
| 8 kW | $2.78 | $15,594 | $36,710 | 7.5 years |
| 10 kW | $2.73 | $19,110 | $46,270 | 7.3 years |
| 12 kW | $2.68 | $22,473 | $55,982 | 7.2 years |
| 14 kW | $2.62 | $25,684 | $65,848 | 7.0 years |
| 16 kW | $2.57 | $28,741 | $75,866 | 6.9 years |
| 18 kW | $2.51 | $31,646 | $86,038 | 6.7 years |
| 20 kW | $2.46 | $34,398 | $96,362 | 6.6 years |
How to Save on Solar Panels
Since the type of solar panels and the company you choose has an impact on your costs and your system's durability and efficiency, it's important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Reputation: Make sure your solar system installer has a good reputation by verifying it has certifications and licenses, checking its number of years in business and reading reviews by previous customers and solar experts like EcoWatch.
- Contract: When reading through your solar company's contract, ask for clarification about any terms you're not sure of and be sure you understand what happens in scenarios like a system component breaking or the company going out of business.
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, durability and energy efficiency. They will come at different costs as well. The company you choose plays a role in which solar panel brands you have access to.
- Installation Process: When making the switch to solar energy, it's essential to keep an open line of communication with your solar panel company. See to it that you understand how the installation process works and the project completion timeline.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Oak Hills, CA Solar Cost FAQs
How much does it cost to install solar panels in Oak Hills?
This is a tough question to answer exactly, because the cost depends on a variety of factors. Broadly speaking, it costs about $13,650 for a 5-kW system and $27,300 for a 10-kW system after the ITC is applied. It will be more expensive if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy consumption. On the flip side, you can spend less if you want a smaller solar panel system or less efficient solar panels.
Can you get solar panels for free in Oak Hills?
A solar panel system isn't free in Oak Hills, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Can solar panels significantly reduce my electricity bills?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners in Oak Hills, 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.
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 decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher 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.