Solar Panel Cost Guide in West Rancho Dominguez, CA (2023 Update)
- West Rancho Dominguez Solar Installation Cost: $5,446
- 25-Year Savings: $14,615
- Payback Period: 6.8 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in West Rancho Dominguez
Here's how much it might cost to switch to solar power in West Rancho Dominguez.
In West Rancho Dominguez, solar panels cost about 2.73 per watt on average. The average solar panel system size in West Rancho Dominguez is around 2.9 kilowatts, meaning a cost of about $5,446 for a solar installation, or $7,788 before the 30% federal solar tax credit is applied.
How much you pay can go higher or lower than the average in West Rancho Dominguez based on a few factors, such as the model of solar panels you choose and the solar contractor you hire. With typical savings of about $27,000 on electricity bills over 20 years, many homeowners in West Rancho Dominguez find going solar can be quite rewarding.
You can click the button below to get connected with a vetted solar company in West Rancho Dominguez for a quote for your home.
Solar savings over time in West Rancho Dominguez
| Year | Return on Investment |
|---|---|
| 1 years | $-4,644 |
| 3 years | $-3,039 |
| 5 years | $-1,434 |
| 7 years | $171 |
| 9 years | $1,776 |
| 11 years | $3,381 |
| 13 years | $4,986 |
| 15 years | $6,590 |
| 17 years | $8,195 |
| 19 years | $9,800 |
| 21 years | $11,405 |
| 23 years | $13,010 |
| 25 years | $14,615 |
Top Solar Installers in West Rancho Dominguez
Although you can install solar panels by yourself, it requires extra time and expertise. Because of that, almost all homeowners choose a solar panel installer. Another advantage of working with a solar company is that they can help you maximize your return of investment by reducing your future costs of repairs and replacements due to warranties and informing you of local incentives you can take advantage of.
You can work with a local solar installer to get a free estimate on how much your investment in solar could cost for your home. Here are some nearby:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
See all of the solar companies in West Rancho Dominguez
Factors that Affect Solar Panel Costs in West Rancho Dominguez
Cost is often one of the most important factors for homeowners who want to invest in solar. There are a few key factors that determine your overall cost in West Rancho Dominguez: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power generation need 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 opt for the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more over time on your energy bills. Additionally, extra products, like solar batteries, can bring your total well above the West Rancho Dominguez average.
Solar Financing Terms
Most solar installers in West Rancho Dominguez offer solar loans, which reduce the initial cost of installing solar panels. 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 interest rate could reduce your costs significantly.
Solar Panel Installation Company
A final factor to keep in mind when trying to evaluate the cost of solar for your home or business in West Rancho Dominguez is the company you choose to install your solar system. Similar to choosing a company to build a deck or pool, for instance, there are plenty of solar installers that provide a range of services at different costs. Companies that 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 come at a higher cost. It's best to do some research and decide on the company that provides the products, warranties and services you're looking for and also is within 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 | $30,324 | 7.1 years |
| 8 kW | $2.78 | $15,594 | $40,737 | 6.9 years |
| 10 kW | $2.73 | $19,110 | $51,304 | 6.8 years |
| 12 kW | $2.68 | $22,473 | $62,023 | 6.6 years |
| 14 kW | $2.62 | $25,684 | $72,896 | 6.5 years |
| 16 kW | $2.57 | $28,741 | $83,921 | 6.4 years |
| 18 kW | $2.51 | $31,646 | $95,099 | 6.2 years |
| 20 kW | $2.46 | $34,398 | $106,430 | 6.1 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you select the right company for you, here are some tips to keep in mind:
- Reputation: Make sure your solar company has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like the EcoWatch team.
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, durability and energy efficiency. They will come at different costs as well. The company you choose plays a role in which solar panel brands you have access to.
- Contract: Though reading through a contract can be tedious, it's important to do it fully so you can be sure you understand how much the equipment and services will cost and the terms of the warranty.
- 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.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's West Rancho Dominguez, CA Solar Cost FAQs
How much does it cost to install solar panels in West Rancho Dominguez?
The average cost of solar panels in West Rancho Dominguez is about $13,650 for a 5-kW system and $27,300 for a 10-kW system before the ITC, but the real cost will depend on certain factors such as the type 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 definitely one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Do solar panels increase your home value?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in West Rancho Dominguez is currently $355,503, which means you can expect a value of about $14,576 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in West Rancho Dominguez is a worthwhile investment.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you need to know how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.
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.