Solar Panel Cost Guide in Rancho Murieta, CA (2023 Update)
- Rancho Murieta Solar Installation Cost: $5,886
- 25-Year Savings: $18,528
- Payback Period: 6.0 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Rancho Murieta
See how much it might cost to install solar panels in Rancho Murieta.
Although the national average of solar panels is $2.66 per watt, solar panels in Rancho Murieta typically cost around 2.73. Because a 3.1-kW system is needed to cover the energy usage of a typical home in Rancho Murieta, the average price of going solar will be about $5,886 after claiming the federal solar tax credit of 30%.
The prices above are just estimates to give you an idea of the cost of a solar energy system. The true cost of installing solar panels can vary depending on several factors, such as what size system you need, your energy usage and what solar installer you go with. Many homeowners find installing solar panels is a sound investment. The average homeowner in Rancho Murieta can save about $30,000 on their power bills over 20 years.
To calculate your potential ROI and connect with a local solar expert, click the button below.
Solar savings over time in Rancho Murieta
| Year | Return on Investment |
|---|---|
| 1 years | $-4,909 |
| 3 years | $-2,956 |
| 5 years | $-1,003 |
| 7 years | $950 |
| 9 years | $2,903 |
| 11 years | $4,856 |
| 13 years | $6,809 |
| 15 years | $8,762 |
| 17 years | $10,715 |
| 19 years | $12,669 |
| 21 years | $14,622 |
| 23 years | $16,575 |
| 25 years | $18,528 |
Top Solar Installers in Rancho Murieta
Installing solar panels yourself can be a stressful undertaking, which is why using a solar installer is a good option for many homeowners. Also, companies with a good reputation that cost more upfront could actually save you money in the long run with their warranties, repair services and expert design.
Working with a professional solar installer can help you make the most of your investment in solar. 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 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 Rancho Murieta
Factors that Affect Solar Panel Costs in Rancho Murieta
There are many factors that can determine your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. That's why it's a priority to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs. There are many different solar panel brands and the one you choose also affects the cost. Generally speaking, the brands that offer higher efficiency tend to also cost more. Plus, the type of equipment you want 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
Most solar installers in Rancho Murieta offer solar loans, which reduce the initial cost of installing solar. You'll have to consider the long-term cost of financing options, including the total 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 more than the principal cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs considerably.
Solar Panel Installation Company
A final factor to consider when trying to evaluate the cost of solar for your home or business in Rancho Murieta is the company you get to install your solar system. Similar to choosing a company to build a deck or pool, for instance, there are plenty of solar installers that offer a range of services at different costs. Additionally, some companies in Rancho Murieta know more about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save more money in the long run.
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 | $35,573 | 6.3 years |
| 8 kW | $2.78 | $15,594 | $47,736 | 6.2 years |
| 10 kW | $2.73 | $19,110 | $60,052 | 6.0 years |
| 12 kW | $2.68 | $22,473 | $72,521 | 5.9 years |
| 14 kW | $2.62 | $25,684 | $85,143 | 5.8 years |
| 16 kW | $2.57 | $28,741 | $97,918 | 5.7 years |
| 18 kW | $2.51 | $31,646 | $110,845 | 5.6 years |
| 20 kW | $2.46 | $34,398 | $123,926 | 5.4 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because selecting a company can be a challenge, we have some tips to help you, such as:
- Reputation: Solar panel companies that have great reviews from their customers and that have been operating for many years most likely provide high-quality solar panel installation and expertise.
- Contract: When reading over your solar company's contract, ask questions about any terms you're not sure of and be sure you understand what happens in scenarios like a system part breaking or if the company goes out of business.
- Installation Process: Make sure you're on the same page with the company with regard to how the installation process will go and what needs to be done before your solar panel system is installed, such as repairing your electrical system or roof.
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, durability and efficiency. They will come at different prices as well. The company you choose affects which solar panel brands you have access to.
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 Rancho Murieta, CA Solar Cost FAQs
What is the average cost of installing solar panels in Rancho Murieta?
The average cost of solar panels in Rancho Murieta is about $13,650 for a 5-kW system and $27,300 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as the type of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important thing to consider when buying solar panels?
The initial cost is a crucial factor to consider, but whether it's the most important for you depends on why you decided to go solar. In places where rooftop space is limited, efficiency can trump the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.
Is it worth going solar in Rancho Murieta?
Whether or not solar panels are worth it depends on some different factors like the cost of electricity near you and the amount of direct sunlight your roof gets.
What solar power system size is right for my home?
To figure out how many solar panels you need, you need to know how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can usually 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.