Solar Panel Cost Guide in Oroville East, CA (2024 Update)
- Oroville East Solar Installation Cost: $7,626
- 25-Year Savings: $20,331
- Payback Period: 7.2 Years
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Average Cost of Solar Panels in Oroville East
Let’s have a look at the average cost of solar in Oroville East.
While the national average of solar panels is $2.66 per watt, solar panels in Oroville East generally cost around 3.The average solar panel system size in Oroville East is around 3.1 kilowatts, meaning a cost of about $7,626 for a solar installation, or $10,905 before the 0 federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you’ll end up paying for solar may vary based on your household energy consumption, the type of solar system you choose, your solar contractor and more.But, after you've paid the upfront cost of installation, the savings for most homeowners is usually rewarding, with a net average savings of about $32,000 over 20 years on power bills.
To calculate your potential savings and connect with a local solar company, click the button below.
Solar savings over time in Oroville East
| Year | Return on Investment |
|---|---|
| 1 years | $-6,088 |
| 3 years | $-3,013 |
| 5 years | $63 |
| 7 years | $3,139 |
| 9 years | $6,215 |
| 11 years | $9,291 |
| 13 years | $12,366 |
| 15 years | $15,442 |
| 17 years | $18,518 |
| 19 years | $21,594 |
| 21 years | $24,670 |
| 23 years | $27,745 |
| 25 years | $30,821 |
Top Solar Installers in Oroville East
Installing solar panels on your own can be a time-consuming undertaking, which is why getting a solar installation company is a good option for many homeowners. Another good thing about using a reliable solar installer is that it'll usually provide warranties and free repairs, which help protect your investment.
If you're searching for a solar company in Oroville East, we've organized a list of our top suggestions here:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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
See all of the solar companies in Oroville East
Factors that Affect Solar Panel Costs in Oroville East
Even though the average cost of a solar system in Oroville East is $7,626, your actual cost may be higher or lower than that. There are many factors that can have a major impact on the cost of a solar system installation. Below are some of the more important things to keep in mind.
Solar Equipment
The size of the solar system you need for your household, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $3,470. Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Oroville East, where sunlight is abundant, efficiency can quickly pay off. Also, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Solar panels can save you money on energy bills over time, but they can also be a significant investment. That’s why many Oroville East homeowners opt to finance their solar panel systems to make paying for solar more affordable.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 can only 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
The solar panel installer you select will affect your total cost to adopt solar energy. Different companies will charge different amounts for the equipment and labor.You may notice national solar installers that have lower prices because of their larger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or specials to compete with those major players.
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 | $35,162 | 7.5 years |
| 8 kW | $3.54 | $19,821 | $47,271 | 7.4 years |
| 10 kW | $3.47 | $24,290 | $59,574 | 7.2 years |
| 12 kW | $3.40 | $28,565 | $72,072 | 7.1 years |
| 14 kW | $3.33 | $32,646 | $84,764 | 7.0 years |
| 16 kW | $3.26 | $36,532 | $97,651 | 6.8 years |
| 18 kW | $3.19 | $40,224 | $110,732 | 6.7 years |
| 20 kW | $3.12 | $43,722 | $124,007 | 6.5 years |
How to Save on Solar Panels
Since the kind of solar panels and the company you choose has an impact on your costs and your system’s efficiency, production, and durability, it’s important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Warranty: A high-quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: Each solar panel brand and kind has varying levels of quality, longevity and energy efficiency. They will come at different price points as well. The company you choose has an impact on which solar panel brands you have access to.
- Installation Process: Make sure you’re aligned with the company in regard to how the installation process will go and what you need to do before your solar panels are installed, such as updating your electrical system or roof.
- Contract: Review the contract terms closely to make sure you understand the cost breakdown, project completion timeline incentives and warranties.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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
EcoWatch's Oroville East, CA Solar Cost FAQs
How much does it cost to install solar panels in Oroville East?
This is a difficult question to answer precisely, 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 cost more if you want additional solar equipment or more efficient panels, or if you have above-average energy usage. Conversely, you can spend less if you want a smaller solar panel system or less expensive solar panels.
Is cost the most important consideration when buying solar panels?
Cost is without a doubt one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Does Oroville East have a net metering program?
Most states offer net metering programs of some kind. Through these, you can get paid for the extra power your system produces or or receive credits to put toward future electricity bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How long do solar panels last in Oroville East?
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 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.