Solar Panel Cost Guide in Paradise, CA (2024 Update)
- Paradise 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 Paradise
Here’s how much it might cost to install solar panels in Paradise.
The national average cost of solar panels is $2.66 per watt, but in Paradise it’s 3 per watt.To account for the typical energy usage of the average home in Paradise, most homeowners require a 3.1-kilowatt system. Using the per-watt figure above, a solar installation costs about $7,626, or $10,905 before the federal solar tax credit of 0 is applied.
Bear in mind that the figures above are only estimates based on the average energy use of Paradise homeowners. The cost of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.With typical savings of about $32,000 on utility bills over 20 years, many homeowners in Paradise find installing solar panels has a decent ROI.
For a personalized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Paradise
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 Paradise
Installing solar panels by yourself can be a challenging undertaking, which is why using a solar installer is a good option for many homeowners. The payback period on a solar system will vary depending on factors like your location and energy use, but going with a solar installer can shorten that period. Your provider will be able to help you identify incentives available in your area.
Working with a professional solar installer can help your solar project go smoothly. 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 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 Paradise
Factors that Affect Solar Panel Costs in Paradise
The cost of installing a solar system in Paradise can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The biggest 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 crucial to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs.The kind of solar panels and equipment you get is another factor that will substantially influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Furthermore, solar equipment goes beyond just the solar panels themselves. You’ll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when researching a solar system that’s in your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Paradise to be too costly, even if the investment pays off over time. Thankfully, nearly every solar installer in the area offers financing options. Solar loans remarkably decrease upfront costs for most homeowners, but they also result in a higher cost over time due to interest.It’s wise to add the interest you’ll pay in your final cost estimate. If you can afford to pay a larger 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 panel installation company you select will affect your total cost to adopt solar power. Different companies will bill different amounts for the equipment and labor.Companies that only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It’s best to do some research and choose a company that provides the products, warranties and services you’re looking for and also fit into your budget.
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
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you select the right company for you, here are some tips to keep in mind:
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to clarify any details you should know with your solar company, such as what permits you should acquire and how long the project will take.
- Reputation: Your solar installer should have a solid reputation as a company and have proven expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from previous customers.
- Solar Panel Brands: The kind of solar panel you want to get plays a role in which installer you should opt for, since different companies have access to different panels.
- Warranty: Many companies offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
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 Paradise, CA Solar Cost FAQs
How much does it cost to install solar panels in Paradise?
This is a difficult question to answer exactly, because the cost depends on a few different factors. Broadly speaking, it costs about $17,350 for a 5-kW system and $34,700 for a 10-kW system after the ITC is applied. You can expect to pay more if you want additional solar equipment or more efficient panels, or if you have above-average energy needs. On the other hand, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
Are solar panels free in Paradise?
You can’t get solar panels for free in Paradise. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
How much can I save on electricity bills after installing solar panels?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners throughout Paradise, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you’ll want to check with a local solar installer to see how many panels can fit on your roof.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you should find out how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average home will need 20 to 35 panels.
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.