Solar Panel Cost Guide in Reedley, CA (Mar 2023)
- Reedley Solar Installation Cost: $5,695
- 25-Year Savings: $20,636
- Payback Period: 5.4 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Reedley
Find out how much it might cost to install solar panels in Reedley.
The national average cost of solar panels is $2.66 per watt, but in Reedley it's 2.73 per watt. Using this figure, a typical 3.0-kW system would cost about $5,695 before the 30% federal solar tax credit is applied.
These figures are only estimates, and your own solar costs may differ based on your specific situation and what company you want to go with. With average savings of about $34,000 on electricity bills over 20 years, many homeowners in Reedley find investing in solar can pay off big.
To see your potential savings and connect with a local solar company, click the button below.
Solar savings over time in Reedley
| Year | Return on Investment |
|---|---|
| 1 years | $-4,642 |
| 3 years | $-2,535 |
| 5 years | $-429 |
| 7 years | $1,678 |
| 9 years | $3,784 |
| 11 years | $5,891 |
| 13 years | $7,997 |
| 15 years | $10,104 |
| 17 years | $12,210 |
| 19 years | $14,317 |
| 21 years | $16,423 |
| 23 years | $18,530 |
| 25 years | $20,636 |
Top Solar Installers in Reedley
When making the switch to solar, many homeowners decide to use a solar company since handling can be a time-consuming project. The expertise that solar installers provide can be valuable as well, particularly if you aren't sure what kind of solar equipment would be right for your home.
You can work with a local solar installer to get a free quote on how much solar panels could cost for your home. Here are some in Reedley:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
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 Reedley
Factors that Affect Solar Panel Costs in Reedley
For many Reedley homeowners, the decision to go solar comes down to cost. However, the range of solar installation costs can be quite wide in Reedley, with typical prices between $20,000 to $40,000. There are a few factors that greatly influence the price you'll pay, which we'll go over below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power production need better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $2,730. There are a lot of different solar panel brands and the one you pick also affects the cost. Usually, the brands that have better efficiency tend to also cost more. In addition, the type of equipment you choose can affect your total cost. If you only 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 companies in Reedley have solar loans, which reduce your upfront costs of installing solar. It's a good idea to include the interest you'll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and how long it'll take to pay off the loan.
Solar Panel Installation Company
The last significant cost factor you should take into consideration is the installer you choose. Given the massive popularity of green energy solutions in Reedley, you'll have lots of options to choose from, but each comes at various price points for labor and equipment. The company's size sometimes plays the most considerable role in your costs. Larger national companies, like SunPro and Sunrun, often have lower prices because they have access to more resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion 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 | $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
There are a large number of companies to choose from in Reedley, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:
- Contract: It's important to look over your solar installer's contract fully to understand what services they will provide, what the warranty covers and what expectations you should have about the installation process.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to install your solar system. Another way you can check your installer's reputation is by reading reviews.
- Solar Panel Brands: The model of solar panel you need to install plays a part in which company you should go with, since different companies have access to different panels.
- Warranty: If you're worried about the endurance of your solar system, making sure your company offers a 25-year, all-inclusive warranty can help put you at ease.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
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 Reedley, CA Solar Cost FAQs
What is the average cost of installing solar panels in Reedley?
The average cost of solar panels in Reedley 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 type of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important thing to think about when buying solar panels?
The upfront 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 cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to think about are the quality and durability of your solar panels.
Do solar panels increase your property value?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Reedley is currently $226,100, which means you could be looking at a value of about $9,270 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Reedley is a rewarding investment.
How long do solar panels last in Reedley?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is how much energy they produce will have decreased significantly after that point. You can decide 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.