Solar Panel Cost Guide in Rosemont, CA (2024 Update)
- Rosemont Solar Installation Cost: $7,491
- 25-Year Savings: $14,686
- Payback Period: 9.1 Years
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Average Cost of Solar Panels in Rosemont
We break down average solar pricing in Rosemont.
In Rosemont, solar panels cost about 3 per watt on average.The average solar panel system size in Rosemont is around 3.1 kilowatts, meaning a cost of about $7,491 for a solar installation, or $10,712 before the 0 federal solar tax credit is applied.
These figures are just estimates, and the cost of going solar for you will most likely differ based on the amount of energy your home requires and what company you choose to go with.But, once you've paid the upfront cost of installation, the payback for most homeowners is typically rewarding, with a net average savings of about $25,000 over 20 years on energy bills.
For a personalized quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Rosemont
Year | Return on Investment |
---|---|
1 years | $-6,497 |
3 years | $-4,510 |
5 years | $-2,522 |
7 years | $-535 |
9 years | $1,453 |
11 years | $3,440 |
13 years | $5,428 |
15 years | $7,415 |
17 years | $9,402 |
19 years | $11,390 |
21 years | $13,377 |
23 years | $15,365 |
25 years | $17,352 |
Top Solar Installers in Rosemont
Although it's possible to install solar panels on your own, it involves extra energy and handiness. That's one of the reasons almost all homeowners choose to hire a solar panel installer. Some solar companies, particularly local ones, can help you better understand incentives in Rosemont, optimizing your ROI.
If you're searching for a solar installer in Rosemont, the EcoWatch team has compiled a list of our top suggestions here:
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
See all of the solar companies in Rosemont
Factors that Affect Solar Panel Costs in Rosemont
Cost is often one of the most important factors for homeowners wanting to invest in solar. There are a few key factors that will push your cost above or below the average in Rosemont: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.
Solar Equipment
One of the most important factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household consumes, the larger your system will likely need to be. You can expect to pay about $3,470 per kilowatt in Rosemont.The type of solar panels and equipment you want is another factor that will greatly influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Further, solar equipment consists of more than just the solar panels themselves. You’ll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when researching a solar system that falls within your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Rosemont to be too expensive, even if the investment pays off over time. Fortunately, almost every solar company in the area provides access to financing options. Solar loans remarkably decrease upfront costs in most cases, but they also lead to paying more over time due to interest.While solar loans make going solar more accessible for Rosemont homeowners, they can also raise the total you pay for your system, depending on your interest rate. 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
The solar installer you hire to handle your switch to renewable energy can play a part in your total costs. There are about 3 solar panel companies operating throughout Rosemont, and each can charge different amounts for labor and equipment.You may see national solar installers that have lower prices because of their larger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or specials to compete with those major players.
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 | $24,880 | 9.5 years |
8 kW | $3.54 | $19,821 | $33,562 | 9.3 years |
10 kW | $3.47 | $24,290 | $42,438 | 9.1 years |
12 kW | $3.40 | $28,565 | $51,509 | 8.9 years |
14 kW | $3.33 | $32,646 | $60,774 | 8.7 years |
16 kW | $3.26 | $36,532 | $70,233 | 8.6 years |
18 kW | $3.19 | $40,224 | $79,887 | 8.4 years |
20 kW | $3.12 | $43,722 | $89,735 | 8.2 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because picking a company can be a challenge, we have some tips to help you, such as:
- Reputation: Solar installers that have great reviews from their customers and that have been operating for many years likely offer high-quality solar panel installation and expertise.
- Contract: Although reading through a contract can be tedious, it’s important to do it thoroughly so you can be sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Installation Process: Make sure you’re aligned with the installer with regard to how the installation process will go and what you need to do before your solar panel system is installed, such as updating your electrical system or roof.
- Solar Panel Brands: Not all solar companies offer the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you hire.
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
EcoWatch's Rosemont, CA Solar Cost FAQs
How much does it cost to install solar panels in Rosemont?
This is a hard question to answer precisely, because the cost depends on many factors. Broadly speaking, it costs about $17,350 for a 5-kW system and $34,700 for a 10-kW system after the ITC is applied. You can expect to pay more if you want additional solar equipment or more efficient panels, or if you have above-average energy needs. On the flip side, you can spend less if you want a smaller solar panel system or cheaper solar panels.
Is it better to lease or buy solar panels in Rosemont?
Leasing solar panels can be an appealing choice, as 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 option if you want to maximize your savings.
Can you sell solar power back to the grid in Rosemont?
Most states offer net metering programs of some kind. Through these, you can be compensated for the extra power your system produces or or receive credits to put toward future energy bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How often do you have to replace solar panels?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is the amount of 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.