Solar Panel Cost Guide in Shingle Springs, CA (2024 Update)
- Shingle Springs Solar Installation Cost: $7,493
- 25-Year Savings: $18,519
- Payback Period: 7.7 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Shingle Springs
Here’s how much it might cost to switch to solar power in Shingle Springs.
Although the national average of solar panels is $2.66 per watt, solar panels in Shingle Springs generally cost around 3.Since a 3.1-kW system is needed to cover the energy costs of a typical home in Shingle Springs, the average price of going solar will be about $7,493 after claiming the federal solar tax credit of 0.
The prices above are just estimates to give you an idea of the cost of solar panels. The true cost of making the switch to solar can vary based on multiple factors, such as how many panels you need, your energy usage and what installation company you go with.For many homeowners, the upfront investment in solar is worth paying. On average you could be looking at about $30,000 in savings on electricity bills over 20 years.
To receive a free estimate from a highly rated solar installation company in Shingle Springs, you can click the button below.
Solar savings over time in Shingle Springs
| Year | Return on Investment |
|---|---|
| 1 years | $-5,955 |
| 3 years | $-2,879 |
| 5 years | $197 |
| 7 years | $3,272 |
| 9 years | $6,348 |
| 11 years | $9,424 |
| 13 years | $12,500 |
| 15 years | $15,576 |
| 17 years | $18,651 |
| 19 years | $21,727 |
| 21 years | $24,803 |
| 23 years | $27,879 |
| 25 years | $30,955 |
Top Solar Installers in Shingle Springs
When going solar, many homeowners choose to go with a solar company since DIY solar panel installation can be a difficult project. Solar installers offer key benefits that can help you get the most out of your investment, like warranties, monitoring and free repairs.
Working with a professional solar installer can help your solar project go smoothly. Here are our recommendations:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 Shingle Springs
Factors that Affect Solar Panel Costs in Shingle Springs
For many Shingle Springs homeowners, the decision to go solar 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 numerous factors that considerably 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 affects the overall cost of going solar. For that reason, it’s a priority to accurately gauge the size of the solar energy system needed for your home by figuring out your typical energy use.Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Shingle Springs, where sunlight is abundant, efficiency can quickly pay off. In addition, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Solar panels can save you money on energy bills over time, but they can also be a big investment. That’s why many Shingle Springs homeowners opt to finance their solar panel systems to offset upfront costs.When figuring out your overall cost, you should also calculate the interest you’ll pay if you decide on a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
The solar panel installation company you pick will impact your total cost to go solar. Different companies will charge different amounts for the equipment and labor.The company’s size can sometimes play the most significant role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower pricing due to access to more resources and bulk 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 | $32,328 | 8.0 years |
| 8 kW | $3.54 | $19,821 | $43,493 | 7.8 years |
| 10 kW | $3.47 | $24,290 | $54,852 | 7.7 years |
| 12 kW | $3.40 | $28,565 | $66,405 | 7.5 years |
| 14 kW | $3.33 | $32,646 | $78,153 | 7.4 years |
| 16 kW | $3.26 | $36,532 | $90,095 | 7.2 years |
| 18 kW | $3.19 | $40,224 | $102,231 | 7.1 years |
| 20 kW | $3.12 | $43,722 | $114,562 | 6.9 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you find the right company for you, here are some tips to keep in mind:
- Warranty: A comprehensive, long-term warranty can help keep your solar system running for years to come and save you money on repairs and maintenance.
- Installation Process: An important thing to understand when adopting solar energy 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 how long the project will take.
- Contract: Although reading through a contract can take a lot of time, it’s important to do it fully so you can make sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to get the job done well. Another way you can research your installer’s reputation is by reading reviews.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 Shingle Springs, CA Solar Cost FAQs
What is the average cost of installing solar panels in Shingle Springs?
The average cost of solar panels in Shingle Springs is about $17,350 for a 5-kW system and $34,700 for a 10-kW system before the ITC, but the actual cost will depend on certain factors like the model of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Shingle Springs?
Solar panels aren’t free in Shingle Springs, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Is it worth going solar in Shingle Springs?
Whether or not solar panels are worth it depends on some different factors like the cost of electricity near you and how much direct sunlight your roof gets.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy usage and how much sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to cover their typical energy usage.
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.