Solar Panel Cost Guide in Woodside, CA (Jan 2023)
- Woodside Solar Installation Cost: $5,867
- 25-Year Savings: $20,464
- Payback Period: 5.6 Years
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Top Solar Installers in Woodside
Although you can install solar panels on your own, it takes extra effort and knowledge. For that reason, almost all homeowners choose to hire a solar panel installer. Plus, if you aren't sure what brand of solar panels and equipment you may need, a solar expert can help you figure that out after a site survey and consultation.
Working with a vetted solar installer can help you make the most of your investment in solar. Here are our recommendations:
See all of the solar companies in Woodside
Factors that Affect Solar Panel Costs in Woodside
Cost is typically one of the most important factors for homeowners considering investing in solar. There are a few primary factors that will push your cost above or below the average in Woodside: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.
The cost of solar panels varies by thousands of dollars due to some different factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power generation require 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 brand and type 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 often have a higher price tag 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 will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want additional 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 solid 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. However, the interest on solar loans also increases your total costs, so it's vital to include that in your estimate as well. You can always reduce the total you pay in interest and in some cases even your APR by putting more money down.
Solar Panel Installation Company
The last major cost factor you should keep in mind is the installer you choose. Given the massive popularity of clean energy solutions in Woodside, you'll have lots of options to choose from, but each comes at various price points for labor and equipment. You may see national solar installers that have lower prices due to their bigger brand name and access to bulk equipment prices, 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||$39,560||5.8 years|
|8 kW||$2.78||$15,594||$53,052||5.7 years|
|10 kW||$2.73||$19,110||$66,698||5.6 years|
|12 kW||$2.68||$22,473||$80,496||5.5 years|
|14 kW||$2.62||$25,684||$94,447||5.3 years|
|16 kW||$2.57||$28,741||$108,551||5.2 years|
|18 kW||$2.51||$31,646||$122,808||5.1 years|
|20 kW||$2.46||$34,398||$137,218||5.0 years|
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since selecting a company can be a challenge, we have some tips to help you, such as:
- Reputation: Make sure your solar system installer has a good reputation by confirming it has certifications and licenses, checking its number of years in business and reading reviews by past customers and solar experts like EcoWatch.
- Warranty: Each company may offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Solar Panel Brands: The kind of solar panel you'd like plays a part in which installer you should choose, since different companies have different panels.
- Contract: When looking over your solar installer's contract, ask questions about any terms you're not sure of and make sure you understand what happens in scenarios such as a system component breaking or the company going out of business.
EcoWatch's Woodside, 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.