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.

In Shingle Springs, solar panels cost about $3 per watt on average. Using this figure, a typical 3.1 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 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

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 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

What is the average cost of installing solar panels in Shingle Springs?

This is a difficult question to answer exactly, because the cost depends on many factors. Generally speaking, it costs about $13,650 for a 5-kW system and $27,300 for a 10-kW system after the ITC is applied. It will cost more if you want other solar equipment or more efficient panels, or if you have above-average energy needs. On the other hand, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.

Should I lease or buy solar panels in Shingle Springs?

Leasing solar panels can be an attractive choice, as it typically comes with low or $0 upfront payments. The drawback is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any incentives and your home value won't increase. Buying solar panels is a better way to go if you want to get the most savings.

Can solar panels completely eradicate my electricity bills?

It is possible to eliminate your electricity bills with solar panels, but for most homeowners throughout Shingle Springs, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you'll want to check with a local solar installer to see how many panels can fit on your roof.

What solar power system size is right for my home?

The exact number of solar panels you need depends on your household energy needs and how much sunlight your roof gets. You can 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 get between 20 and 35 panels to account for 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.

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