Solar Panel Cost Guide in Shingle Springs, CA (Dec 2022)

  • 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:

EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 11/09/2022

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Average Cost of Solar Panels in Shingle Springs

We break down average solar pricing in Shingle Springs.

While the national average of solar panels is $2.66 per watt, solar panels in Shingle Springs generally cost around $3. Using this figure, a typical 3.1 would cost about $5,886 before the 30% federal solar tax credit is applied.

These figures are just estimates, and your own solar costs may vary based on your energy needs and what company you go with. For most homeowners, the upfront investment in solar power is worth paying. On average Shingle Springs homeowners see about $30,000 in savings on electricity bills over 20 years.

To get a free quote from a top solar installer in Shingle Springs, you can click the button below.

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

Installing solar panels yourself can be a time-consuming undertaking, which is why hiring a solar installer is a good option for many homeowners. Companies can also have access to various kinds of the best solar panels and help you decide which one will be best for your family.

There are various licensed solar professionals that can help you install your solar panels. Here are our suggestions:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best Technology

Tesla Energy

★★★★★
4.5

  • 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

Although the average cost of solar panels in Shingle Springs is $5,886, your actual cost may be higher or lower than that. There are many factors that can have a significant impact on the cost of a solar panel installation. Below are some of the more important things to consider.

Solar Equipment

One of the most significant 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 about $2,730 per kilowatt in Shingle Springs. The kind of solar equipment you choose can bring your price up or down 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 in the long run on your energy bills. In addition, extra products, such as solar batteries, can bump up your total well above the Shingle Springs average.

Solar Financing Terms

Many homeowners find the average cost of solar in Shingle Springs to be prohibitively expensive, even if the investment pays off over time. Fortunately, almost every solar installer in the area provides financing options. Solar loans greatly decrease upfront costs in most cases, but they also lead to paying more over time due to interest. However, the interest on solar loans also adds to your overall costs, so it's important to take that into consideration as well. You can always reduce the total you pay in interest and possibly even your APR by putting more money down.

Solar Panel Installation Company

The last significant cost factor you should take into consideration is the installer you choose. Given the massive popularity of clean energy solutions in Shingle Springs, you'll have lots of options to choose from, but each comes at varying price points for labor and equipment. The size of the company sometimes plays the most significant role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower prices because of greater resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down 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 $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 kind of solar panels and the company you choose significantly impacts your costs and your system's durability and efficiency, it's important to pick the right ones for you. Here are some things to keep in mind to help with your decision:

  • Installation Process: Get details from your solar company about the installation process and what to expect, such as when the site survey will be done and how long it will take.
  • Warranty: A quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
  • Contract: It's important to read your solar installer's contract carefully to understand what services they will provide, what the warranty covers and what you can expect about your solar system's energy production.
  • Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you choose.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best Technology

Tesla Energy

★★★★★
4.5

  • 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?

The average cost of solar panels in Shingle Springs is about $13,650 for a 5-kW system and $27,300 for a 10-kW system before the ITC, but the actual 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 other than cost when buying solar panels?

Cost is certainly 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 Shingle Springs is currently $473,200, which means you could be looking at a value of about $19,401 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Shingle Springs is a rewarding 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 decide to replace them once you've had 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.

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.

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