Solar Panel Cost Guide in Rossmoor, CA (2023 Update)
- Rossmoor Solar Installation Cost: $5,504
- 25-Year Savings: $13,265
- Payback Period: 7.3 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Rossmoor
Find out what the average cost of solar panels are in Rossmoor.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Rossmoor, the typical cost of a solar system is 2.73 per watt. Using this figure, a typical 2.9-kW system would cost about $5,504 before the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much solar panels could cost. The exact cost of making the switch to solar can vary depending on several factors, such as how many panels you need, your energy usage and what installation company you go with. But, once you've paid the initial cost of installation, the savings for most homeowners is usually fruitful, with a net average savings of about $25,000 over 20 years on energy bills.
You can click the button below to get connected with a vetted solar company in Rossmoor that can help you get a more accurate cost estimate for your home.
Solar savings over time in Rossmoor
| Year | Return on Investment |
|---|---|
| 1 years | $-4,753 |
| 3 years | $-3,251 |
| 5 years | $-1,750 |
| 7 years | $-248 |
| 9 years | $1,253 |
| 11 years | $2,755 |
| 13 years | $4,256 |
| 15 years | $5,758 |
| 17 years | $7,259 |
| 19 years | $8,761 |
| 21 years | $10,262 |
| 23 years | $11,764 |
| 25 years | $13,265 |
Top Solar Installers in Rossmoor
Many homeowners opt for a solar panel installer since trying to install solar panels yourself can be a labor-intensive endeavor. Also, companies with a high reputation that are more expensive upfront could actually save you money in the long run due to their warranties, repair services and expert design.
There are various licensed solar professionals that can install solar panels for you. Here are our suggestions:
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 Rossmoor
Factors that Affect Solar Panel Costs in Rossmoor
For many Rossmoor homeowners, the decision to install a solar energy system rests on cost. However, the range of solar installation costs can be quite wide in Rossmoor, with typical prices between $20,000 to $40,000. There are various factors that considerably influence the price you'll pay, which we'll go over below.
Solar Equipment
One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more energy your household uses, the larger your system will likely need to be. You can expect to pay around $2,730 per kilowatt in Rossmoor. The type of solar panels and equipment you get is another factor that will significantly influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Further, solar equipment consists of more than just the solar panels themselves. You'll also need to think 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 looking into a solar system that falls within your budget.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be a challenge. Solar loans are available from most installers in Rossmoor, which can lower, or in some cases completely eliminate, your upfront costs to make solar more accessible. It's wise 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 back the loan.
Solar Panel Installation Company
A final factor to consider when trying to figure out the cost of solar for your home or business in Rossmoor is the company you choose to install your solar system. Similar to choosing a company to renovate your kitchen, for instance, you'll have no shortage of solar installers that provide a range of services for different budgets. You may see national solar installers that have lower prices because of their larger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or promotions to compete with those larger 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 | $27,120 | 7.6 years |
| 8 kW | $2.78 | $15,594 | $36,466 | 7.5 years |
| 10 kW | $2.73 | $19,110 | $45,965 | 7.3 years |
| 12 kW | $2.68 | $22,473 | $55,617 | 7.2 years |
| 14 kW | $2.62 | $25,684 | $65,421 | 7.0 years |
| 16 kW | $2.57 | $28,741 | $75,379 | 6.9 years |
| 18 kW | $2.51 | $31,646 | $85,489 | 6.8 years |
| 20 kW | $2.46 | $34,398 | $95,752 | 6.6 years |
How to Save on Solar Panels
Since the model of solar panels and the company you choose has an impact on your costs and your system's durability and efficiency, it's important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Contract: Though reading through a contract can be tedious, it's important to do it fully so you can make 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 will offer different brands and kinds of panels. If you know you want a specific brand, make sure the solar panel installer you're considering has it.
- Reputation: Your solar installer should have a good reputation as a company and have verifiable expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from previous customers.
- Installation Process: When going solar, it's essential to maintain an open line of communication with your solar company. Make sure you understand how the installation process will go and the completion timeline.
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 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 $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 stuff such as the kind of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider aside from cost when buying solar panels?
Cost is a very important 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 trump the cost. Other factors that are important to consider are the quality and durability of your solar panels.
Does Rossmoor have a net metering program?
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?
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 larger 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.