Solar Panel Cost Guide in Parlier, CA (Mar 2023)
- Parlier Solar Installation Cost: $5,695
- 25-Year Savings: $20,636
- Payback Period: 5.4 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Parlier
Let's take a look at the average cost of solar panels in Parlier.
Although the national average of solar panels is $2.66 per watt, solar panels in Parlier typically cost around 2.73. The average solar panel system size in Parlier is around 3.0 kilowatts, meaning a cost of about $5,695 for a solar installation, or $8,144 before the 30% federal solar tax credit is applied.
How much you pay can go above or below the average in Parlier depending on several factors, such as the model of solar panels you choose and the solar installer you hire. With typical savings of about $34,000 on power bills over 20 years, many homeowners in Parlier find investing in solar has a decent ROI.
Click the button below to get connected to a highly rated solar panel company in your area for a personalized estimate.
Solar savings over time in Parlier
| Year | Return on Investment |
|---|---|
| 1 years | $-4,642 |
| 3 years | $-2,535 |
| 5 years | $-429 |
| 7 years | $1,678 |
| 9 years | $3,784 |
| 11 years | $5,891 |
| 13 years | $7,997 |
| 15 years | $10,104 |
| 17 years | $12,210 |
| 19 years | $14,317 |
| 21 years | $16,423 |
| 23 years | $18,530 |
| 25 years | $20,636 |
Top Solar Installers in Parlier
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can be a headache. Taking advantage of a solar panel installer can make converting to solar power much easier. Also, companies with an outstanding reputation that are more expensive upfront could actually save you money in the long term due to their warranties, repair services and expert design.
There are several licensed solar professionals that can install solar panels for you. 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 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 Parlier
Factors that Affect Solar Panel Costs in Parlier
The cost of installing a solar system in Parlier can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The most significant one is the size of the system your household needs, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
When it comes to estimating the price of a solar energy system in Parlier, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home's energy usage, which you can gauge by looking at past energy bills. Your total cost can increase by about $2,730 for each additional kilowatt you need. The brand of solar panels and equipment you get is another factor that will considerably influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Further, solar equipment consists of more than just the solar panels themselves. You'll also need to think 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 searching for a solar system that falls within your budget.
Solar Financing Terms
Solar panels can save you money on power bills over many years, but they can also be a significant investment. That's why many Parlier homeowners opt to finance their solar panel systems to offset upfront costs. It's a good idea to add the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it'll take to pay off the loan.
Solar Panel Installation Company
Finally, the company you choose to install your solar panel system can impact the cost. Parlier's solar companies all have different labor costs and add varying upcharges to equipment. Some companies only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It's best to do some research and go with the company that provides the products, warranties and services you want and also fits within 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 | $2.84 | $11,925 | $41,120 | 5.6 years |
| 8 kW | $2.78 | $15,594 | $55,133 | 5.5 years |
| 10 kW | $2.73 | $19,110 | $69,299 | 5.4 years |
| 12 kW | $2.68 | $22,473 | $83,617 | 5.3 years |
| 14 kW | $2.62 | $25,684 | $98,088 | 5.2 years |
| 16 kW | $2.57 | $28,741 | $112,712 | 5.1 years |
| 18 kW | $2.51 | $31,646 | $127,489 | 5.0 years |
| 20 kW | $2.46 | $34,398 | $142,419 | 4.9 years |
How to Save on Solar Panels
The solar panel company you choose will impact not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should keep in mind, including:
- Warranty: An all-inclusive, 25-year warranty can help keep your solar panel system running for a long time and save you money on repairs and maintenance.
- Solar Panel Brands: Different companies will carry different brands and kinds of panels. If you know you want a specific brand, make sure the solar panel company you're considering has it.
- Reputation: Long-running companies likely have a good reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Contract: It's important to read your solar installer's contract well to understand what services they will provide, what the warranty covers and what you can expect about the cost.
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 Parlier, CA Solar Cost FAQs
What is the average cost of installing solar panels in Parlier?
The average cost of solar panels in Parlier 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 like the model of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in Parlier?
Leasing solar panels can be an appealing choice, because it usually comes with low or $0 upfront payments. The drawback is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any incentives and your home value won't increase. Buying solar panels is a better way to go if you want to maximize your savings.
How will solar panels impact the value of my home?
Solar panels can increase your home value significantly as long as you buy or finance your panels and don't opt for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."
How long do solar panels last in Parlier?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is their energy production will have decreased significantly after that point. You can decide to replace them once you've had them for that long or you can continue to use them at a lower efficiency.
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.