Solar Panel Cost Guide in Rancho Cordova, CA (Jan 2023)

  • Rancho Cordova Solar Installation Cost: $5,886
  • 25-Year Savings: $16,994
  • Payback Period: 6.4 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated January 20, 2023

Why you can trust EcoWatch

We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Rancho Cordova

Find out what the average cost of a solar system is in Rancho Cordova.

Currently, the national average cost of solar panels is $2.66 per watt. However, in Rancho Cordova, the typical cost of a solar system is $3 per watt. To account for the typical energy usage of the average home in Rancho Cordova, most homeowners require a 3.1-kilowatt system. Using the per-watt figure above, a solar installation costs around $5,886, or $4,356 after the federal solar tax credit of 30% is applied.

The prices above are just estimates to give you an idea of how much a solar panel system could cost. The actual cost of installing solar panels can vary depending on several factors, such as what size system you need, your energy consumption and what installation company you go with. For most homeowners, the upfront cost of solar is worth paying. On average Rancho Cordova homeowners see about $28,000 in savings on utility bills over 20 years.

Click the button below to get connected to a reputable solar installer in your area for a personalized estimate.

Solar savings over time in Rancho Cordova

Year Return on Investment
1 years $-4,971
3 years $-3,140
5 years $-1,310
7 years $521
9 years $2,351
11 years $4,181
13 years $6,012
15 years $7,842
17 years $9,673
19 years $11,503
21 years $13,333
23 years $15,164
25 years $16,994

Top Solar Installers in Rancho Cordova

Many homeowners opt for a solar installation company since figuring out how to install solar panels by yourself can be challenging. Also, if you'd like to maximize your investment in solar, using a solar installer can help with that too. Different providers can offer warranties, expertise on installation and sometimes even information on local incentives, rebates and net metering programs.

Working with a licensed solar company can help you make the most of your investment in solar. Here are our recommendations:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best Technology

Tesla Energy

★★★★★
4.5

  • 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 Rancho Cordova

Factors that Affect Solar Panel Costs in Rancho Cordova

The cost of installing a solar system in Rancho Cordova can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The biggest one is the size of the system you need, and other factors include equipment choices, financing options and the solar installer you choose.

Solar Equipment

The size of the solar energy system you need for your home, 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 nearly $2,730. There are many different solar panel brands and the one you pick also affects the cost. Generally, the brands that are more efficient tend to also cost more. Plus, the type of equipment you're looking to install can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.

Solar Financing Terms

Solar panels can save you money on power bills over many years, but they can also be a big investment. That's why many Rancho Cordova homeowners decide to finance their solar panel systems to make paying for solar more affordable. Though solar loans make switching to solar energy more accessible for Rancho Cordova homeowners, they can also raise the total you pay for your system due to interest. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.

Solar Panel Installation Company

A final factor to keep in mind when trying to figure out the cost of solar for your home or business in Rancho Cordova is the company you get to install your solar system. As with choosing a company to build a deck or pool, for instance, there's no shortage of solar installers that offer a range of services for different budgets. You may come across national solar installers that have lower prices because of their larger brand name and access to bulk prices, or you might see small, local installation companies offering deals or specials to compete with those larger 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 $32,588 6.7 years
8 kW $2.78 $15,594 $43,757 6.6 years
10 kW $2.73 $19,110 $55,079 6.4 years
12 kW $2.68 $22,473 $66,553 6.3 years
14 kW $2.62 $25,684 $78,180 6.2 years
16 kW $2.57 $28,741 $89,960 6.1 years
18 kW $2.51 $31,646 $101,893 5.9 years
20 kW $2.46 $34,398 $113,979 5.8 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 decide on the right company for you, here are some tips to keep in mind:

  • Solar Panel Brands: Each solar panel brand and type has varying levels of quality, durability and efficiency. They will come at different price points as well. The company you choose plays a role in which solar panel brands you have access to.
  • Contract: Read the contract terms carefully to make sure you understand the cost breakdown, completion timeline incentives and warranties.
  • Warranty: Warranties that provide coverage for defective panels and repairs over a long period of time such as 25 years are the best you can get in the business, and offering that kind of warranty is one sign of a quality company.
  • Reputation: Companies that have been operating for many years likely have a solid reputation. This is important because it ensures that it will not only see your solar project through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best Technology

Tesla Energy

★★★★★
4.5

  • 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 Rancho Cordova, CA Solar Cost FAQs

How much does it cost to install solar panels in Rancho Cordova?

This is a hard question to answer precisely, 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 cost more if you want additional solar equipment or higher quality panels, or if you have above-average energy consumption. Conversely, you can spend less if you choose a smaller solar panel system or less efficient solar panels.

Is it better to lease or buy solar panels in Rancho Cordova?

Leasing solar panels can be an appealing choice, because it commonly 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 get the most savings.

Can you sell solar power back to the grid in Rancho Cordova?

Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just offer you credit toward your future electricity bills.

How often do you have to replace solar panels?

On average, the lifespan of solar panels is 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.

Follow us