Solar Panel Cost Guide in West Hollywood, CA (2024 Update)
- West Hollywood Solar Installation Cost: $6,920
- 25-Year Savings: $18,924
- Payback Period: 7.1 Years
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Average Cost of Solar Panels in West Hollywood
Find out what the average cost of a solar system is in West Hollywood.
Currently, the national average cost of solar panels is $2.66 per watt. However, in West Hollywood, the typical cost of a solar system is 3 per watt.Using this figure, a typical 2.8-kW system would cost about $6,920 before the 0 federal solar tax credit is applied.
How much you pay can go higher or lower than the average in West Hollywood depending on a few factors, such as the type of solar panels you choose and the solar contractor you hire.For most homeowners, the upfront cost of solar is worth paying. On average West Hollywood homeowners see about $33,000 in savings on utility bills over 20 years.
Click the button below to get connected to a highly rated solar company in West Hollywood for a custom quote.
Solar savings over time in West Hollywood
| Year | Return on Investment |
|---|---|
| 1 years | $-5,578 |
| 3 years | $-2,894 |
| 5 years | $-210 |
| 7 years | $2,474 |
| 9 years | $5,158 |
| 11 years | $7,842 |
| 13 years | $10,526 |
| 15 years | $13,211 |
| 17 years | $15,895 |
| 19 years | $18,579 |
| 21 years | $21,263 |
| 23 years | $23,947 |
| 25 years | $26,631 |
Top Solar Installers in West Hollywood
Installing solar panels by yourself can be a challenging task, which is why hiring a solar installer is a good option for many homeowners. Also, if you’d like to maximize your investment in solar power, using a solar installer can help with that as well. Different providers can offer repairs, expertise on solar panel installation and sometimes even information on local incentives and net metering programs.
You can get a free quote from a local solar installer on how much solar panels could cost for your home. Here are some near you:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
See all of the solar companies in West Hollywood
Factors that Affect Solar Panel Costs in West Hollywood
Although the average cost of a solar system in West Hollywood is $6,920, your final cost may be higher or lower than that. 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 important things to keep in mind.
Solar Equipment
One of the most important factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more power your household consumes, the larger your system will likely need to be. You can expect to pay around $3,470 per kilowatt in West Hollywood.There are several different solar panel brands and the one you pick also changes the cost. In many cases, the brands that offer higher efficiency tend to also be more expensive. Plus, the type of equipment you’re looking to install can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Many homeowners find the average cost of solar in West Hollywood to be prohibitively steep, even if the investment pays off over time. Thankfully, nearly every solar installer in the area provides financing options. Solar loans greatly decrease upfront costs in most cases, but they also result in higher prices over time because of interest.When estimating 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
The solar installer you choose will play a role in your total cost to make the switch to solar . Different companies will charge different amounts for the equipment and labor.You may come across national solar installers that have lower prices due to their bigger 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 | $3.61 | $15,157 | $36,162 | 7.4 years |
| 8 kW | $3.54 | $19,821 | $48,605 | 7.2 years |
| 10 kW | $3.47 | $24,290 | $61,242 | 7.1 years |
| 12 kW | $3.40 | $28,565 | $74,073 | 7.0 years |
| 14 kW | $3.33 | $32,646 | $87,099 | 6.8 years |
| 16 kW | $3.26 | $36,532 | $100,319 | 6.7 years |
| 18 kW | $3.19 | $40,224 | $113,733 | 6.5 years |
| 20 kW | $3.12 | $43,722 | $127,342 | 6.4 years |
How to Save on Solar Panels
Since the model of solar panels and the installation company you choose greatly affects your costs and your system’s efficiency, production, and durability, it’s important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Reputation: Companies that have been operating for many years likely have a solid 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 support, such as part repairs and replacements.
- Contract: Before you sign a contract with a solar company, make sure you look it over completely so you understand the terms. Also, ask questions if you’re not certain about some of the terms, such as what to do if a part breaks or malfunctions and if there are any guarantees about energy production.
- Solar Panel Brands: The brand of solar panel you’d like to get plays a role in which company you should opt for, since different companies have access to different panels.
- Installation Process: When making the switch to solar energy, it’s essential to keep an open line of communication with your solar panel company. Make sure you understand how the installation process works and the project timeline.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's West Hollywood, CA Solar Cost FAQs
How much does it cost to install solar panels in West Hollywood?
This is a difficult question to answer precisely, because the cost depends on a few different factors. Generally speaking, it costs about $17,350 for a 5-kW system and $34,700 for a 10-kW system after the ITC is applied. It will be more expensive if you want additional solar equipment or more efficient panels, or if you have above-average energy needs. On the flip side, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
Can you get solar panels for free in West Hollywood?
Solar panels aren’t free in West Hollywood, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Do solar panels increase the value of your home?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in West Hollywood is currently $1,046,031, which means you can expect a value of about $42,887 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in West Hollywood is a fruitful investment.
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount of energy production.
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.