Solar Panel Cost Guide in Shasta Lake, CA (2025 Update)
- Shasta Lake Solar Installation Cost: $7,744
- 25-Year Savings: $19,716
- Payback Period: 7.5 Years
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Average Cost of Solar Panels in Shasta Lake
Find out what the average cost of solar panels are in Shasta Lake.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Shasta Lake, the average cost of a solar system is 3 per watt.Using this figure, a typical 3.2-kW system would cost about $7,744 before the 0 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 actual cost of installing solar panels can vary depending on several factors, such as how many panels you need, your energy usage and what company you go with.For most homeowners, the upfront investment in solar power is worth paying. On average homeowners in Shasta Lake see about $31,000 in savings on utility bills over 20 years.
Click the button below to get connected to a reputable solar installer in Shasta Lake for a personalized estimate.
Solar savings over time in Shasta Lake
| Year | Return on Investment |
|---|---|
| 1 years | $-6,206 |
| 3 years | $-3,130 |
| 5 years | $-54 |
| 7 years | $3,022 |
| 9 years | $6,097 |
| 11 years | $9,173 |
| 13 years | $12,249 |
| 15 years | $15,325 |
| 17 years | $18,401 |
| 19 years | $21,476 |
| 21 years | $24,552 |
| 23 years | $27,628 |
| 25 years | $30,704 |
Top Solar Installers in Shasta Lake
Although you can install solar panels by yourself, it involves extra energy and knowledge. That's one of the reasons most people choose to go with a solar panel installer. In addition, if you’d like to maximize your investment in solar energy, opting for a solar company can help with that as well. Different providers can offer repairs, expertise on installation and sometimes even information on local incentives, rebates and net metering programs.
If you're looking for a solar company in Shasta Lake, we've put together a list of our top suggestions here:
See all of the solar companies in Shasta Lake
Factors that Affect Solar Panel Costs in Shasta Lake
The cost of installing a solar system in Shasta Lake can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The largest one is your system size, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power production use 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 solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more over time on your energy bills. In addition, add-on products, like solar batteries, can bring your total well above the Shasta Lake average.
Solar Financing Terms
Many homeowners find the average cost of solar in Shasta Lake to be prohibitively expensive, even if the investment pays off over time. Fortunately, almost every solar installer in the area offers financing options. Solar loans substantially decrease upfront costs in most cases, but they also lead to paying more over time because of interest.When figuring out your overall cost, you should also calculate the interest you’ll pay if you decide on a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
A final factor to keep in mind when trying to estimate the cost of solar for your home or business in Shasta Lake is the company you hire to install your PV system. Similar to choosing a company to install new cabinets, for example, you’ll have no shortage of solar installers that offer a range of services for different budgets.The size of the company can sometimes play the most significant role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower prices because of access to greater resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower to compete with bigger names.
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 | $33,415 | 7.8 years |
| 8 kW | $3.54 | $19,821 | $44,942 | 7.7 years |
| 10 kW | $3.47 | $24,290 | $56,663 | 7.5 years |
| 12 kW | $3.40 | $28,565 | $68,579 | 7.4 years |
| 14 kW | $3.33 | $32,646 | $80,689 | 7.2 years |
| 16 kW | $3.26 | $36,532 | $92,993 | 7.1 years |
| 18 kW | $3.19 | $40,224 | $105,492 | 6.9 years |
| 20 kW | $3.12 | $43,722 | $118,185 | 6.8 years |
How to Save on Solar Panels
The solar company you choose will be a major factor in determining not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should take into account, such as:
- Contract: Before signing a contract with a solar company, make sure to look it over completely so you understand the terms. Also, ask questions if you’re not sure about some of the terms, such as what the warranty covers and what services you can expect from them.
- Reputation: Make sure your solar panel installer has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like the EcoWatch team.
- Installation Process: Get details from your solar installer about the installation process and what to expect, including when the site survey will be done and what the project timeline is.
- Warranty: Many companies offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
EcoWatch's Shasta Lake, CA Solar Cost FAQs
What is the average cost of installing solar panels in Shasta Lake?
The average cost of solar panels in Shasta Lake 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 like 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 without a doubt 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 home value?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Shasta Lake is currently $295,332, so you can expect a value of about $12,109 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Shasta Lake is a worthwhile investment.
How often do you have to replace solar panels?
Though 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 the amount of energy they produce will have decreased significantly after that point. You can opt to replace them after having 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.