Solar Panel Cost Guide in Tarpey Village, CA (2023 Update)
- Tarpey Village Solar Installation Cost: $5,692
- 25-Year Savings: $20,639
- Payback Period: 5.4 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Tarpey Village
Find out what the average cost of solar panels are in Tarpey Village.
In Tarpey Village, solar panels cost about 2.73 per watt on average. Since a 3.0-kW system is needed to cover the energy usage of a typical home in Tarpey Village, the average price of going solar will be about $5,695 after claiming the federal solar tax credit of 30%.
The true price you pay can be higher or lower than the average in Tarpey Village depending on several factors, such as the kind of solar panels you choose and the solar contractor you hire. With typical savings of about $34,000 on utility bills over 20 years, many homeowners in Tarpey Village find installing solar panels can pay off big.
Click the button below to get connected to a top solar installer in Tarpey Village for a customized quote.
Solar savings over time in Tarpey Village
Year | Return on Investment |
---|---|
1 years | $-4,154 |
3 years | $-1,078 |
5 years | $1,998 |
7 years | $5,074 |
9 years | $8,150 |
11 years | $11,225 |
13 years | $14,301 |
15 years | $17,377 |
17 years | $20,453 |
19 years | $23,529 |
21 years | $26,604 |
23 years | $29,680 |
25 years | $32,756 |
Top Solar Installers in Tarpey Village
Installing solar panels by yourself can be a difficult project, which is why using a solar installation company is a good option for many homeowners. Also, companies with an outstanding reputation that are more expensive upfront could actually save you money in the long run because of their warranties, repair services and expert design.
There are a number of licensed solar professionals that can take care of your solar installation project. 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
See all of the solar companies in Tarpey Village
Factors that Affect Solar Panel Costs in Tarpey Village
While the average cost of a solar system in Tarpey Village is $5,695, your final cost may be higher or lower than that. There are many factors that can have a major impact on the cost of a residential solar panel installation. Below are some of the more important things to consider.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power production need better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $2,730. Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Tarpey Village, where sunlight is abundant, efficiency can quickly pay off. Plus, 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
If paying for a solar system out of pocket is difficult, solar loans are a popular route because they decrease your upfront costs and let you pay for your system over a term of, on average, between five and seven years. Although solar loans make adopting solar energy more accessible for Tarpey Village homeowners, they can also add to the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The final key cost factor you should consider is the installer you choose. Given the massive popularity of renewable energy solutions in Tarpey Village, you'll have a great number of options to choose from, but each comes at various price points for labor and equipment. You may come across national solar installers that have lower prices because of their larger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or specials to compete with those larger companies.
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
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Contract: Before you sign a contract with a solar installer, make sure to look it over fully so you understand the terms. Also, ask questions if you're not sure about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
- Installation Process: Make sure you're aligned with the installer regarding how the installation process will go and what needs to be done before your solar panels are installed, such as updating or replacing your electrical system or roof.
- Warranty: A quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: Different companies have various brands and kinds of panels. If you want a specific brand, make sure the solar installer 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
EcoWatch's Tarpey Village, CA Solar Cost FAQs
What is the average cost of installing solar panels in Tarpey Village?
The average cost of solar panels in Tarpey Village 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 things like the kind of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Tarpey Village?
Leasing solar panels can be an option if you can't afford to pay upfront or secure a solar loan, but since you don't own the system, you don't have access to many solar incentives. Also your home value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most bang for your buck from going solar.
How will having solar panels impact the value of my home?
Solar panels can increase your property's value significantly as long as you buy or finance your panels and don't choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing solar panels."
How long do solar panels last in Tarpey Village?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is their energy production will have decreased significantly after that point. You can replace them after having 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.