Solar Panel Cost Guide in Rossmoor, CA (2024 Update)
- Rossmoor Solar Installation Cost: $7,006
- 25-Year Savings: $13,257
- Payback Period: 9.3 Years
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Average Cost of Solar Panels in Rossmoor
We go over average solar pricing in Rossmoor.
The average cost of a solar system in Rossmoor is 3 per watt.The average solar panel system size in Rossmoor is around 2.9 kilowatts, meaning a cost of about $7,006 for a solar installation, or $10,019 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much a solar energy system could cost. The actual cost of installing solar panels can vary depending on several factors, such as how many panels you need, your energy consumption and what company you go with.Many homeowners find adopting solar power is a fruitful investment. The average homeowner in Rossmoor can save around $25,000 on their electricity bills over 20 years.
To see your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in Rossmoor
| Year | Return on Investment |
|---|---|
| 1 years | $-5,821 |
| 3 years | $-3,451 |
| 5 years | $-1,082 |
| 7 years | $1,288 |
| 9 years | $3,657 |
| 11 years | $6,027 |
| 13 years | $8,396 |
| 15 years | $10,766 |
| 17 years | $13,135 |
| 19 years | $15,505 |
| 21 years | $17,874 |
| 23 years | $20,244 |
| 25 years | $22,613 |
Top Solar Installers in Rossmoor
Although you can install solar panels by yourself, it takes extra time and handiness. Because of that, most homeowners choose a solar panel installer. Plus, warranties and repairs from your solar panel installer can protect your investment and lower the cost of maintenance over time.
If you're searching for a solar installer in Rossmoor, the EcoWatch team has organized 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
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 Rossmoor
Factors that Affect Solar Panel Costs in Rossmoor
The cost of installing a solar system in Rossmoor can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The biggest one is the size of the system your home needs, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
The size of the solar energy system you need, 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 about $3,470. The solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. On the other hand, more efficient panels could save you more over time on your power bills. In addition, extra products, such as solar batteries, can bring your total well above the Rossmoor average.
Solar Financing Terms
If paying for solar panels in cash is too expensive, solar loans are a popular choice because they lower your upfront costs and allow you to pay for your system over five to seven years on average.Although solar loans make switching to solar energy more accessible for Rossmoor homeowners, they can also add to the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The final major cost factor you should consider is the installer you choose. Given the massive popularity of clean energy solutions in Rossmoor, you’ll have many options to choose from, but each comes at varying price points for labor and equipment.Larger national companies typically have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or extra 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 | $23,888 | 9.7 years |
| 8 kW | $3.54 | $19,821 | $32,239 | 9.5 years |
| 10 kW | $3.47 | $24,290 | $40,785 | 9.3 years |
| 12 kW | $3.40 | $28,565 | $49,525 | 9.1 years |
| 14 kW | $3.33 | $32,646 | $58,459 | 9.0 years |
| 16 kW | $3.26 | $36,532 | $67,588 | 8.8 years |
| 18 kW | $3.19 | $40,224 | $76,911 | 8.6 years |
| 20 kW | $3.12 | $43,722 | $86,428 | 8.4 years |
How to Save on Solar Panels
There are a large number of companies available in Rossmoor, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be tough, so here are some tips to help you decide:
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the project timeline.
- Warranty: A high-quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: Read the contract terms closely to make sure you understand the total cost, project completion timeline incentives and warranties.
- Reputation: Solar installers that have great reviews from their customers and that have been in business for many years likely offer high-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 Rossmoor, CA Solar Cost FAQs
What is the average cost of installing solar panels in Rossmoor?
The average cost of solar panels in Rossmoor 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 things such as the model of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider apart from cost when buying solar panels?
Cost is definitely one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Do solar panels increase your property value?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Rossmoor is currently $980,946, which means you can expect a value of about $40,219 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Rossmoor is a fruitful investment.
What solar power system size is right for my home?
To figure out what solar panel system size 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 generally 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.