Solar Panel Cost Guide in Valley Springs, CA (Jan 2023)
- Valley Springs Solar Installation Cost: $5,829
- 25-Year Savings: $20,412
- Payback Period: 5.6 Years
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Top Solar Installers in Valley Springs
Installing solar panels on your own can be a stressful project, which is why getting a solar installer is a good option for many homeowners. A solar company can also help save you money over time by providing warranties, repairs and system component replacements.
Working with a licensed solar installer can help you make the most of your investment in solar. Here are our recommendations:
See all of the solar companies in Valley Springs
Factors that Affect Solar Panel Costs in Valley Springs
Although the average cost of a solar system in Valley Springs is $5,829, your actual cost may differ. There are several factors that can have a sizable impact on the cost of a residential solar panel installation. Below are some of the more crucial things to take into consideration.
The cost of solar panels varies by thousands of dollars due to a variety of factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power generation use better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,730. The solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more over time on your power bills. In addition, add-on products, such as solar batteries, can bring your total well above the Valley Springs average.
Solar Financing Terms
Many homeowners find the average cost of solar in Valley Springs to be too costly, even if the investment pays off over time. Fortunately, almost every solar company in the area provides financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also result in a higher cost over time because of interest. 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 getting a solar loan with a low interest rate could reduce your costs considerably.
Solar Panel Installation Company
The solar installation company you choose will impact your total cost to go solar. Different companies will bill different amounts for the equipment and labor. Additionally, some companies in Valley Springs have more knowledge about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you more money in the long run.
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||$39,642||5.8 years|
|8 kW||$2.78||$15,594||$53,162||5.7 years|
|10 kW||$2.73||$19,110||$66,834||5.6 years|
|12 kW||$2.68||$22,473||$80,660||5.4 years|
|14 kW||$2.62||$25,684||$94,638||5.3 years|
|16 kW||$2.57||$28,741||$108,769||5.2 years|
|18 kW||$2.51||$31,646||$123,054||5.1 years|
|20 kW||$2.46||$34,398||$137,491||5.0 years|
How to Save on Solar Panels
There are many companies to choose from in Valley Springs, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be tough, so here are some tips to help you decide:
- Contract: It's important to look over your solar installer's contract closely to understand what services they will provide, what the warranty covers and what expectations you should have about the cost.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and energy needs. Even though there are many options for which brand of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you take a look at their list of offerings before deciding.
- Warranty: A quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years likely provide quality solar panel installation and expertise.
EcoWatch's Valley Springs, CA Solar Cost FAQs
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.