Solar Panel Cost Guide in Old Fig Garden, CA (2024 Update)
- Old Fig Garden Solar Installation Cost: $7,234
- 25-Year Savings: $20,639
- Payback Period: 6.9 Years
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Average Cost of Solar Panels in Old Fig Garden
We go over average solar pricing in Old Fig Garden.
The national average cost of solar panels is $2.66 per watt, but in Old Fig Garden it’s 3 per watt.The average solar panel system size in Old Fig Garden is around 3.0 kilowatts, meaning a cost of about $7,234 for a solar installation, or $10,345 before the 0 federal solar tax credit is applied.
How much you pay can go above or below the average in Old Fig Garden based on several factors, such as the kind of solar panels you choose and the solar installer you hire.Many homeowners find going solar is a solid investment. The average homeowner in Old Fig Garden can save around $34,000 on their electricity bills over 20 years.
You can click the button below to get connected with a top solar installer in Old Fig Garden that can help you get a more accurate cost estimate for your home.
Solar savings over time in Old Fig Garden
| Year | Return on Investment |
|---|---|
| 1 years | $-5,696 |
| 3 years | $-2,621 |
| 5 years | $455 |
| 7 years | $3,531 |
| 9 years | $6,607 |
| 11 years | $9,683 |
| 13 years | $12,758 |
| 15 years | $15,834 |
| 17 years | $18,910 |
| 19 years | $21,986 |
| 21 years | $25,062 |
| 23 years | $28,137 |
| 25 years | $31,213 |
Top Solar Installers in Old Fig Garden
When switching to solar energy, many homeowners opt to use a solar installer since putting up solar panels yourself can be a challenging project. Solar warranties and repairs are often included in the cost of installation when you go with a solar company as well, which can save you more money after your upfront investment.
There are several licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Best Technology
Tesla Energy
- 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 Old Fig Garden
Factors that Affect Solar Panel Costs in Old Fig Garden
The cost of installing a solar system in Old Fig Garden can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The most significant one is your system size, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
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 important to accurately ascertain the size of the solar energy system needed for your home by figuring out your typical energy use.There are a lot of different solar panel brands and the one you pick also affects the cost. Typically, the brands that are more efficient tend to also be more expensive. Plus, the type of equipment you want to install can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
If paying for a solar system out of pocket is too expensive, solar loans are a solid option because they cut back your upfront costs and let you pay for your system over five to seven years on average.It’s wise to add the interest you’ll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and how long it’ll take to pay off the loan.
Solar Panel Installation Company
The solar installer you go with to handle your switch to solar energy can play a role in your total costs. There are about 3 solar panel companies operating throughout Old Fig Garden, and each can charge different amounts for labor and equipment.The company’s size sometimes plays the most considerable role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower pricing due to more resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower to compete with bigger names.
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 | $37,888 | 7.1 years |
| 8 kW | $3.54 | $19,821 | $50,906 | 7.0 years |
| 10 kW | $3.47 | $24,290 | $64,119 | 6.9 years |
| 12 kW | $3.40 | $28,565 | $77,525 | 6.7 years |
| 14 kW | $3.33 | $32,646 | $91,126 | 6.6 years |
| 16 kW | $3.26 | $36,532 | $104,922 | 6.5 years |
| 18 kW | $3.19 | $40,224 | $118,911 | 6.3 years |
| 20 kW | $3.12 | $43,722 | $133,095 | 6.2 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 pick the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, durability and efficiency. They will come at different costs as well. The company you choose affects which solar panel brands you have access to.
- Contract: When reading through your solar company’s contract, ask questions about any terms you’re not sure of and be sure you understand what happens in scenarios such as a system component breaking or if the company goes out of business.
- Reputation: Long-standing companies likely have a high reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
- Warranty: If you care about the endurance of your solar energy system, verifying that your company offers a 25-year, all-inclusive warranty can help put you at ease.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Best Technology
Tesla Energy
- 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 Old Fig Garden, CA Solar Cost FAQs
How much does it cost to install solar panels in Old Fig Garden?
This is a hard question to answer exactly, because the cost depends on a few different factors. Generally speaking, it costs about $17,350 for a 5-kW system and $34,700 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 other hand, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
Is cost the most important consideration when buying solar panels?
The upfront cost is a very important factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In areas where rooftop space is limited, efficiency can trump the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.
Is it worth going solar in Old Fig Garden?
Solar panels can be a good investment for a majority of homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your energy bills are already reasonably low, solar panels might not be for you.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and the amount of sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to cover their typical energy usage.
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.