Solar Panel Cost Guide in Rancho San Diego, CA (2024 Update)
- Rancho San Diego Solar Installation Cost: $6,837
- 25-Year Savings: $34,641
- Payback Period: 7.4 Years
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Average Cost of Solar Panels in Rancho San Diego
Find out how much it might cost to make the switch to solar in Rancho San Diego.
Although the national average of solar panels is $2.66 per watt, solar panels in Rancho San Diego generally cost around 3.Because a 2.8-kW system is needed to cover the energy consumption of a typical home in Rancho San Diego, the average price of going solar will be about $6,837 after claiming the federal solar tax credit of 0.
Keep in mind that the numbers above are only averages. The price you’ll end up paying for solar may look quite different based on your household energy consumption, the type of solar system you want to get, your solar contractor and more.But, once you've paid the initial cost of installation, the payback for most homeowners is quite rewarding, with a net average savings of about $31,000 over 20 years on energy bills.
You can click the button below to get connected with a pre-vetted solar installer in Rancho San Diego that can help you get a more accurate cost estimate for your home.
Solar savings over time in Rancho San Diego
Year | Return on Investment |
---|---|
1 years | $-5,178 |
3 years | $-1,860 |
5 years | $1,459 |
7 years | $4,777 |
9 years | $8,095 |
11 years | $11,413 |
13 years | $14,731 |
15 years | $18,050 |
17 years | $21,368 |
19 years | $24,686 |
21 years | $28,004 |
23 years | $31,322 |
25 years | $34,641 |
Top Solar Installers in Rancho San Diego
Many homeowners opt for a solar panel installer since installing solar panels by yourself can be a lot of work. Solar warranties and repairs are typically included in the cost of installation when you opt for a solar contractor too, which can save you more money over time.
Working with a licensed solar installer 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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
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 Rancho San Diego
Factors that Affect Solar Panel Costs in Rancho San Diego
For many Rancho San Diego homeowners, the decision to adopt solar energy rests on cost. However, the range of solar installation costs can be quite wide in Rancho San Diego, with typical prices between $20,000 to $40,000. There are a number of factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems that have higher efficiency or power production require better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,470.The kind of solar panels and equipment you want is another factor that will largely impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more costly. Further, solar equipment consists of more than just the solar panels themselves. You’ll also need to decide on 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’s in your budget.
Solar Financing Terms
If paying for solar panels in cash is too expensive, solar loans are an affordable option because they cut back your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years.When estimating your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying more upfront can reduce the total interest paid over time.
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 San Diego is the company you choose to install your solar system. As with choosing a company to build a deck or pool, for instance, you’ll have many options for solar installers that offer a range of services at different price points.Larger national companies usually have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or add-on services like electric car charger installation, they might be cheaper overall.
Solar Panel Cost Data by System Size
System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
---|---|---|---|---|
6 kW | $3.61 | $15,157 | $33,955 | 7.7 years |
8 kW | $3.54 | $19,821 | $45,662 | 7.6 years |
10 kW | $3.47 | $24,290 | $57,564 | 7.4 years |
12 kW | $3.40 | $28,565 | $69,659 | 7.3 years |
14 kW | $3.33 | $32,646 | $81,949 | 7.1 years |
16 kW | $3.26 | $36,532 | $94,434 | 7.0 years |
18 kW | $3.19 | $40,224 | $107,112 | 6.8 years |
20 kW | $3.12 | $43,722 | $119,985 | 6.7 years |
How to Save on Solar Panels
The solar panel company you choose will impact not only your total costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should take into account, including:
- Warranty: Each company may offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Contract: Although reading through a contract can take a lot of time, it’s important to do it carefully so you can be sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Solar Panel Brands: Different companies have various brands and models of panels. If you want a specific brand, make sure the solar installer you’re considering has it.
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years most likely provide quality solar panel installation and expertise.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
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 Rancho San Diego, CA Solar Cost FAQs
How much does it cost to install solar panels in Rancho San Diego?
The average cost of solar panels in Rancho San Diego is about $17,350 for a 5-kW system and $34,700 for a 10-kW system before the ITC, but the real cost will depend on stuff such as the model 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?
Cost is a key factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In places where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.
How will having solar panels impact my property value?
Solar panels can increase the value of your home remarkably as long as you buy or finance your panels and don’t go for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing solar panels."
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher 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.