Solar Panel Cost Guide in Parlier, CA (2023 Update)
- Parlier Solar Installation Cost: $5,692
- 25-Year Savings: $20,639
- Payback Period: 5.4 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Parlier
Find out what the average cost of installing solar panels is in Parlier.
While the national average of solar panels is $2.66 per watt, solar panels in Parlier typically cost about 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.
Remember that the numbers above are only averages. The price you'll pay for solar may vary based on your household energy consumption, the type of solar panels you want to get, your solar contractor and more. But, after you've paid the upfront cost of installation, the savings for most homeowners is typically rewarding, with a net average savings of about $34,000 over 20 years on power bills.
You can click the button below to get connected with a top solar installer in Parlier that can help you get a more accurate cost estimate for your home.
Solar savings over time in Parlier
| Year | Return on Investment |
|---|---|
| 1 years | $-4,154 |
| 3 years | $-1,078 |
| 5 years | $1,998 |
| 7 years | $5,074 |
| 9 years | $8,150 |
| 11 years | $11,225 |
| 13 years | $14,301 |
| 15 years | $17,377 |
| 17 years | $20,453 |
| 19 years | $23,529 |
| 21 years | $26,604 |
| 23 years | $29,680 |
| 25 years | $32,756 |
Top Solar Installers in Parlier
When making the switch to solar, many homeowners prefer to use a solar installation company since handling can be a difficult project. Companies can also offer access to quality options of the best solar panels and help you pick which one will be best for your family.
Working with a licensed solar company 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
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 determined by several factors. The biggest one is your system size, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more power your household consumes, the larger your system will likely need to be. You can expect to spend about $2,730 per kilowatt in Parlier. The brand and kind of equipment you want for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have limited roof space or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want extra equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a significant investment. That's why many Parlier homeowners decide 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
The final significant cost factor you should keep in mind is the installer you choose. Given the massive popularity of renewable energy solutions in Parlier, you'll have many options to choose from, but each comes at varying price points for labor and equipment. Some companies only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It's best to do some research and decide on the company that has the products, warranties and services you want 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 | $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 company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since choosing a company can be a challenge, we have some tips to help you, such as:
- Contract: Review the contract terms carefully to make sure you understand how much it will cost, project timeline rebates and warranties.
- Solar Panel Brands: Each solar panel brand and kind offers 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.
- Reputation: Solar panel companies that have great reviews from their customers and that have been operating for many years in most cases provide good-quality solar panel installation and expertise.
- Warranty: Warranties that cover defective panels and repairs over a couple decades are the gold standard in the business, and offering that kind of warranty is one sign of a quality company.
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 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 things like the kind of solar panels you want, what size system you need and how much energy you use.
Is cost the most important consideration when buying solar panels?
The initial cost is a crucial factor to consider, but whether it's the most important for you depends on your reasons for going solar. In cities where rooftop space is limited, efficiency can trump the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.
How will having solar panels impact the value of my home?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Parlier is currently $184,065, which means you could be looking at a value of about $7,547 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Parlier is a fruitful investment.
How often do you have to replace solar panels?
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 the amount of energy they produce will have decreased significantly after that point. You can opt to replace them once you've had them for that long or you can keep using 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.