Solar Panel Cost Guide in Perris, CA (2023 Update)
- Perris Solar Installation Cost: $5,351
- 25-Year Savings: $14,376
- Payback Period: 6.8 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Perris
Find out what the average cost of solar panel installation is in Perris.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Perris, the average cost of a solar system is 2.73 per watt. Since a 2.8-kW system is needed to cover the energy consumption of a typical home in Perris, the average price of going solar will be about $5,351 after claiming the federal solar tax credit of 30%.
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 needs, the type of equipment you want, your solar contractor and more. For many homeowners, the upfront cost of solar power is worth paying. On average homeowners in Perris see about $27,000 in savings on utility bills over 20 years.
Click the button below to get connected to a highly rated solar panel company in your area for a customized quote.
Solar savings over time in Perris
| Year | Return on Investment |
|---|---|
| 1 years | $-4,562 |
| 3 years | $-2,984 |
| 5 years | $-1,405 |
| 7 years | $173 |
| 9 years | $1,751 |
| 11 years | $3,329 |
| 13 years | $4,907 |
| 15 years | $6,486 |
| 17 years | $8,064 |
| 19 years | $9,642 |
| 21 years | $11,220 |
| 23 years | $12,798 |
| 25 years | $14,376 |
Top Solar Installers in Perris
When switching to solar energy, many homeowners decide to go with a solar installation company since putting up a solar system yourself can be a challenging project. Companies can also provide access to quality options of the best solar panels and help you decide which one will be right for you.
You can work with a local solar installer to get a free estimate on how much your investment in solar could cost 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 Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
See all of the solar companies in Perris
Factors that Affect Solar Panel Costs in Perris
There are a number of factors that can influence your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
The size of the solar energy 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, you can expect your total to increase by about $2,730. The type of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more in the long run on your electric bills. In addition, add-on products, like solar batteries, can bring your total well above the Perris average.
Solar Financing Terms
Many homeowners find the average cost of solar in Perris to be prohibitively expensive, even if the investment pays off over time. Thankfully, almost every solar company in the area offers financing options. Solar loans drastically decrease upfront costs for most homeowners, but they also lead to higher prices over time due to interest. You'll have to consider the long-term cost of financing options, 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 more than the principal cost. Making a larger down payment or finding a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
The remaining significant cost factor you should keep in mind is the installer you choose. Given the massive popularity of sustainable energy solutions in Perris, you'll have lots of options to choose from, but each comes at different price points for labor and equipment. The company's size sometimes plays the most considerable role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because of more resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower 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 | $30,335 | 7.1 years |
| 8 kW | $2.78 | $15,594 | $40,752 | 6.9 years |
| 10 kW | $2.73 | $19,110 | $51,323 | 6.8 years |
| 12 kW | $2.68 | $22,473 | $62,046 | 6.6 years |
| 14 kW | $2.62 | $25,684 | $72,922 | 6.5 years |
| 16 kW | $2.57 | $28,741 | $83,951 | 6.4 years |
| 18 kW | $2.51 | $31,646 | $95,133 | 6.2 years |
| 20 kW | $2.46 | $34,398 | $106,467 | 6.1 years |
How to Save on Solar Panels
Since the kind of solar panels and the installer you choose has an impact on your costs and your system's durability and efficiency, it's important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, longevity and efficiency. They will come at different prices as well. The company you choose impacts which solar panel brands you have access to.
- Installation Process: Homeowners should make sure they understand how exactly the installation process will be carried out, as well as important factors like the project completion timeline.
- Reputation: Companies that have been in business for many years likely have a high 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 support, such as part repairs and replacements.
- Contract: When looking through your solar company's contract, ask for clarification about any terms you're not sure of and make sure you understand what happens in scenarios like a system component breaking or the company going out of business.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Perris, CA Solar Cost FAQs
How much does it cost to install solar panels in Perris?
This is a hard question to answer exactly, because the cost depends on many factors. Broadly speaking, it costs about $13,650 for a 5-kW system and $27,300 for a 10-kW system after the ITC is applied. It will be more expensive if you want other solar equipment or more efficient panels, or if you have above-average energy needs. On the other hand, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
Is it better to lease or buy solar panels in Perris?
Leasing solar panels can be an attractive 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 option if you want to get the most savings.
Does Perris have a net metering program?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future power bills.
How many solar panels should I get to power my home?
To figure out what solar panel system size you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can typically 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.