Solar Panel Cost Guide in Squaw Valley, CA (2023 Update)
- Squaw Valley Solar Installation Cost: $5,695
- 25-Year Savings: $20,636
- Payback Period: 5.4 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Squaw Valley
See how much it might cost to make the switch to solar in Squaw Valley.
While the national average of solar panels is $2.66 per watt, solar panels in Squaw Valley generally cost about 2.73. To cover the typical energy usage of the average home in Squaw Valley, most homeowners require a 3.0-kilowatt system. Using the per-watt figure above, a solar installation costs around $5,695, or $8,144 before the federal solar tax credit of 30% 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 installing solar panels can vary quite a bit based on multiple factors, such as what size system you need, your energy usage and what solar installer you go with. With typical savings of about $34,000 on electricity bills over 20 years, many homeowners in Squaw Valley find going solar can pay off big.
To get a free estimate from a pre-vetted solar company in Squaw Valley, you can click the button below.
Solar savings over time in Squaw Valley
| Year | Return on Investment |
|---|---|
| 1 years | $-4,642 |
| 3 years | $-2,535 |
| 5 years | $-429 |
| 7 years | $1,678 |
| 9 years | $3,784 |
| 11 years | $5,891 |
| 13 years | $7,997 |
| 15 years | $10,104 |
| 17 years | $12,210 |
| 19 years | $14,317 |
| 21 years | $16,423 |
| 23 years | $18,530 |
| 25 years | $20,636 |
Top Solar Installers in Squaw Valley
Many homeowners decide to hire a solar installer since installing solar panels on your own can be challenging. A solar installer can also help save you money over the lifespan of your system by providing warranties, repairs and system component replacements.
If you're on the hunt for a solar company in Squaw Valley, the EcoWatch team has put together a list of our top suggestions here:
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 Squaw Valley
Factors that Affect Solar Panel Costs in Squaw Valley
While the average cost of a solar system in Squaw Valley is $5,695, your actual cost may be higher or lower than that. There are many factors that can have a sizable impact on the cost of a solar system installation. Below are some of the more important things to keep in mind.
Solar Equipment
The size of the solar panel system you need for your household, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by about $2,730. The brand and kind of equipment you get for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want extra equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
If paying for a solar system in cash is difficult, solar loans are a popular choice because they reduce your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years. You'll have to consider the long-term cost of loans, including the amount of interest you'll pay over the length of the loan. If you're only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or finding a solar loan with a low APR could reduce your costs considerably.
Solar Panel Installation Company
The solar panel installation company you pick will play a role in your total cost to make the switch to solar . Different companies will bill different amounts for the equipment and labor. Larger national companies typically have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or additional services like electric vehicle charger installation, they might be cheaper overall.
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 | $41,120 | 5.6 years |
| 8 kW | $2.78 | $15,594 | $55,133 | 5.5 years |
| 10 kW | $2.73 | $19,110 | $69,299 | 5.4 years |
| 12 kW | $2.68 | $22,473 | $83,617 | 5.3 years |
| 14 kW | $2.62 | $25,684 | $98,088 | 5.2 years |
| 16 kW | $2.57 | $28,741 | $112,712 | 5.1 years |
| 18 kW | $2.51 | $31,646 | $127,489 | 5.0 years |
| 20 kW | $2.46 | $34,398 | $142,419 | 4.9 years |
How to Save on Solar Panels
The solar installer you opt for will influence not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should keep in mind, including:
- Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the completion timeline.
- Contract: Look through the contract terms carefully to make sure you understand the cost breakdown, project completion timeline incentives and warranties.
- Reputation: Long-running companies likely have a high reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Solar Panel Brands: Different companies will offer various brands and types of panels. If you prefer a specific brand, make sure the solar company you're considering has it.
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 Squaw Valley, CA Solar Cost FAQs
How much does it cost to install solar panels in Squaw Valley?
The average cost of solar panels in Squaw Valley 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 model of solar panels you want, what size system you need and how much energy you use.
Is cost the most important consideration when buying solar panels?
Cost is without a doubt one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Does Squaw Valley have a net metering program?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just offer you credit toward your future power bills.
What solar power system size is right for 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 buy 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.