Solar Panel Cost Guide in Orinda, CA (2023 Update)
- Orinda Solar Installation Cost: $5,818
- 25-Year Savings: $20,513
- Payback Period: 5.5 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Orinda
Find out what the average cost of solar panel installation is in Orinda.
The national average cost of solar panels is $2.66 per watt, but in Orinda it's 2.73 per watt. Using this figure, a typical 3.0-kW system would cost about $5,809 before the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The true cost of going solar can vary based on several factors, such as how many panels you need, your energy usage and what solar installer you go with. But, after you've paid the initial cost of installation, the ROI for most homeowners is usually good, with a net average savings of about $33,000 over 20 years on utility bills.
Click the button below to get connected to a vetted solar panel company in your area for a personalized estimate.
Solar savings over time in Orinda
Year | Return on Investment |
---|---|
1 years | $-5,730 |
3 years | $-5,554 |
5 years | $-5,379 |
7 years | $-5,203 |
9 years | $-5,028 |
11 years | $-4,852 |
13 years | $-4,677 |
15 years | $-4,501 |
17 years | $-4,326 |
19 years | $-4,150 |
21 years | $-3,975 |
23 years | $-3,799 |
25 years | $-3,623 |
Top Solar Installers in Orinda
Although you can install solar panels on your own, it requires extra labor and know-how. That's why most homeowners choose to go with a solar panel installer. Solar installers provide key benefits that can help you maximize your investment, like warranties, monitoring and free repairs.
You can work with a local solar installer to get a free quote on how much your investment in solar could cost for your home. Here are some in Orinda:
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 Orinda
Factors that Affect Solar Panel Costs in Orinda
For many Orinda homeowners, the decision to go solar comes down to cost. However, the range of solar installation costs can be quite wide in Orinda, with typical prices between $20,000 to $40,000. There are various factors that greatly influence the price you'll pay, which we'll go over below.
Solar Equipment
The size of the solar panel 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 $2,730. There are a lot of different solar panel brands and the one you choose also affects the cost. In general, the brands that offer higher efficiency tend to also be more expensive. Additionally, the type of equipment you're looking to get can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on power bills over time, but they can also be a significant investment. That's why many Orinda homeowners opt to finance their solar panel systems to offset upfront costs. You'll have to consider the long-term cost of loans, 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 above the equipment and labor cost. Making a larger down payment or securing a solar loan with a low interest rate could reduce your costs considerably.
Solar Panel Installation Company
Finally, the company you get to install your solar system can play a role in determining your pricing. Orinda's solar companies all have different labor costs and add varying upcharges to equipment. The company's size sometimes plays the most significant role in the cost. Larger national companies, like SunPro and Sunrun, often have lower prices because of greater 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 promotion 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 | $2.84 | $11,925 | $39,971 | 5.7 years |
8 kW | $2.78 | $15,594 | $53,600 | 5.6 years |
10 kW | $2.73 | $19,110 | $67,382 | 5.5 years |
12 kW | $2.68 | $22,473 | $81,317 | 5.4 years |
14 kW | $2.62 | $25,684 | $95,405 | 5.3 years |
16 kW | $2.57 | $28,741 | $109,646 | 5.2 years |
18 kW | $2.51 | $31,646 | $124,039 | 5.1 years |
20 kW | $2.46 | $34,398 | $138,586 | 5.0 years |
How to Save on Solar Panels
There are many 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:
- Solar Panel Brands: Each solar panel brand and kind has varying levels of quality, longevity and efficiency. They will come at different price points as well. The company you choose affects which solar panel brands you have access to.
- Warranty: If you care about the endurance of your solar panels, making sure your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to clarify any details you need to know with your solar installer, such as what permits you should secure and how long the project will take.
- Contract: Before you sign a contract with a solar company, be sure to look it over carefully so you understand the terms. Also, ask questions if you're not sure about some of the terms, such as what to do if a component breaks or malfunctions and if there are any guarantees about energy production.
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 Orinda, CA Solar Cost FAQs
How much does it cost to install solar panels in Orinda?
The average cost of solar panels in Orinda is about $13,650 for a 5-kW system and $27,300 for a 10-kW system before the ITC, but the actual cost will depend on stuff like the model of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Orinda?
Leasing solar panels can be an option if you are unable 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 financial benefits from going solar.
Can solar panels completely eradicate my power bills?
Solar panels can potentially eliminate your electricity bills depending on where you're located and the efficiency of your system. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $1,729.84 per year.
How long do solar panels last in Orinda?
On average, solar panels can last 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.