Solar Panel Cost Guide in Pacheco, CA (Mar 2023)
- Pacheco Solar Installation Cost: $5,809
- 25-Year Savings: $20,522
- Payback Period: 5.5 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Pacheco
We go over average solar pricing in Pacheco.
The average cost of solar panels in Pacheco is 2.73 per watt. Because a 3.0-kW system is needed to cover the energy needs of a typical home in Pacheco, the average price of going solar will be about $5,809 after claiming the federal solar tax credit of 30%.
The prices above are just estimates to give you an idea of how much a solar energy system could cost. The true cost of installing solar panels can vary depending on multiple factors, such as how many panels you need, your energy usage and what solar installer you go with. For many homeowners, the upfront cost of solar is worth paying. On average Pacheco homeowners see about $33,000 in savings on electricity bills over 20 years.
To get a free estimate from a vetted solar installer in Pacheco, you can click the button below.
Solar savings over time in Pacheco
Year | Return on Investment |
---|---|
1 years | $-4,756 |
3 years | $-2,650 |
5 years | $-543 |
7 years | $1,563 |
9 years | $3,670 |
11 years | $5,776 |
13 years | $7,883 |
15 years | $9,989 |
17 years | $12,096 |
19 years | $14,202 |
21 years | $16,309 |
23 years | $18,415 |
25 years | $20,522 |
Top Solar Installers in Pacheco
Although you can install solar panels on your own, it takes extra labor and knowledge. For that reason, most homeowners choose to go with a solar panel installer. In addition, if you'd like to maximize your investment in solar power, going with a solar company can help with that as well. Different providers can offer repairs, expertise on solar panel installation and sometimes even information on local incentives, rebates and net metering programs.
You can get a free estimate from a local solar installer on the cost of solar panels for your home. Here are some near you:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
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 Pacheco
Factors that Affect Solar Panel Costs in Pacheco
Even though the average cost of a solar system in Pacheco is $5,809, your actual cost may differ. There are many factors that can have a major impact on the cost of a residential solar panel installation. Below are some of the more crucial things to consider.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household uses, the larger your system will likely need to be. You can expect to spend about $2,730 per kilowatt in Pacheco. The model of solar panels and equipment you get is another factor that will greatly influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more expensive. Plus, solar equipment is 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 looking into a solar system that falls within your budget.
Solar Financing Terms
Solar panels can save you money on energy bills over time, but they can also be a big investment. That's why many Pacheco homeowners choose to finance their solar panel systems to offset upfront costs. You'll have to consider the long-term cost of financing options, including the total 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 more than the principal cost. Making a larger down payment or securing a solar loan with a low interest rate could reduce your costs remarkably.
Solar Panel Installation Company
Finally, the company you get to install your solar system can play a role in determining the cost. Pacheco's solar companies all have different labor costs and add varying upcharges to equipment. The company's size can sometimes play the most considerable role in your total costs. 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 generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger companies.
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 companies available in Pacheco, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be tough, so here are some tips to help you decide:
- Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you opt for.
- Contract: Although reading through a contract can be tedious, it's important to do it thoroughly so you can make sure you understand how much the equipment and services will cost and the terms of the warranty.
- Warranty: Each company may offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to get the job done well. Another way you can verify your installer's reputation is by reading reviews.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
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 Pacheco, CA Solar Cost FAQs
What is the average cost of installing solar panels in Pacheco?
The average cost of solar panels in Pacheco is about $13,650 for a 5-kW system and $27,300 for a 10-kW system before the ITC, but the real cost will depend on certain factors such as the kind of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in Pacheco?
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.
How will solar panels impact my property value?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Pacheco is currently $570,200, so you could be looking at a value of about $23,378 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Pacheco is a worthwhile investment.
How long do solar panels last in Pacheco?
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.