Solar Panel Cost Guide in Shingle Springs, CA (Mar 2023)
- Shingle Springs Solar Installation Cost: $5,886
- 25-Year Savings: $18,528
- Payback Period: 6.0 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated March 14, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in Shingle Springs
We break down average solar pricing in Shingle Springs.
In Shingle Springs, solar panels cost about 2.73 per watt on average. Using this figure, a typical 3.1-kW system would cost about $5,886 before the 30% 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 true cost of going solar can vary based on several factors, such as what size system you need, your energy consumption and what installation company you go with. Many homeowners find installing a solar system is a sound investment. The average homeowner in Shingle Springs can save around $30,000 on their power bills over 20 years.
You can click the button below to get connected with a vetted solar company in Shingle Springs for a quote for your home.
Solar savings over time in Shingle Springs
| Year | Return on Investment |
|---|---|
| 1 years | $-4,909 |
| 3 years | $-2,956 |
| 5 years | $-1,003 |
| 7 years | $950 |
| 9 years | $2,903 |
| 11 years | $4,856 |
| 13 years | $6,809 |
| 15 years | $8,762 |
| 17 years | $10,715 |
| 19 years | $12,669 |
| 21 years | $14,622 |
| 23 years | $16,575 |
| 25 years | $18,528 |
Top Solar Installers in Shingle Springs
Although you can install solar panels by yourself, it involves extra labor and handiness. That's one of the reasons most homeowners choose a solar panel installer. The expertise that solar companies provide can be useful as well, especially if you don't quite know what brand of solar equipment you need.
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 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 Shingle Springs
Factors that Affect Solar Panel Costs in Shingle Springs
For many Shingle Springs homeowners, the decision to adopt solar energy comes down to cost. However, the range of solar installation costs can be quite wide in Shingle Springs, with typical prices between $20,000 to $40,000. There are a number of factors that significantly influence the price you'll pay, which we'll go over below.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. That's why it's important to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs. The brand and type of equipment you want for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have a small roof or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want add-ons like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Solar panels can save you money on power bills over time, but they can also be a big investment. That's why many Shingle Springs homeowners choose to finance their solar panel systems to make paying for solar more affordable. When considering your overall cost, you should also calculate the interest you'll pay if you go with a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
Lastly, the company you hire to install your solar panels can play a part in determining your pricing. Shingle Springs' solar companies all have different labor costs and add varying upcharges to equipment. Some companies only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It's best to do some research and choose a company that offers the products, warranties and services you want and also fit into your budget.
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 | $35,560 | 6.3 years |
| 8 kW | $2.78 | $15,594 | $47,720 | 6.2 years |
| 10 kW | $2.73 | $19,110 | $60,032 | 6.0 years |
| 12 kW | $2.68 | $22,473 | $72,497 | 5.9 years |
| 14 kW | $2.62 | $25,684 | $85,115 | 5.8 years |
| 16 kW | $2.57 | $28,741 | $97,886 | 5.7 years |
| 18 kW | $2.51 | $31,646 | $110,809 | 5.6 years |
| 20 kW | $2.46 | $34,398 | $123,886 | 5.4 years |
How to Save on Solar Panels
Since the model of solar panels and the installer you choose has an impact on your costs and your system's efficiency, production, and durability, it's important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Reputation: Make sure your solar installer has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like the EcoWatch team.
- Contract: Read the contract terms thoroughly to make sure you understand the cost breakdown, completion timeline rebates and warranties.
- Solar Panel Brands: The kind of solar panel you'd like to get plays a role in which installer you should choose, since different companies have different panels.
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to clarify any details you need to know with your solar installer, such as what permits you should secure and what the project timeline is.
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 Shingle Springs, CA Solar Cost FAQs
How much does it cost to install solar panels in Shingle Springs?
This is a tough question to answer precisely, because the cost depends on many factors. Broadly speaking, it costs about $13,650 for a 5-kW system and $27,300 for a 10-kW system after the ITC is applied. You can expect to pay more if you want extra solar equipment or higher quality panels, or if you have above-average energy usage. On the other hand, you can spend less if you want a smaller solar panel system or less efficient solar panels.
Are solar panels free in Shingle Springs?
A solar panel system isn't free in Shingle Springs, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
How much can I save on electricity bills after switching to solar?
Solar panels can potentially eliminate your electricity bills depending on where you're located and the efficiency of your system. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $1,582.84 per year.
How long do solar panels last in Shingle Springs?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher 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.