Solar Panel Cost Guide in Redlands, CO (2024 Update)
- Redlands Solar Installation Cost: $14,241
- 25-Year Savings: $19,190
- Payback Period: 12.4 Years
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Average Cost of Solar Panels in Redlands
We break down average solar pricing in Redlands.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Redlands, the typical cost of a solar system is 4 per watt.Using this figure, a typical 5.1-kW system would cost about $14,241 before the 0 federal solar tax credit is applied.
These figures are just averages, and the cost of going solar for you may look different based on factors unique to your home and what company you choose to go with.Many homeowners find installing a solar system is a solid investment. The average homeowner in Redlands can save around $21,000 on their power bills over 20 years.
To see your potential ROI and connect with a local solar installer, click the button below.
Solar savings over time in Redlands
| Year | Return on Investment |
|---|---|
| 1 years | $-13,272 |
| 3 years | $-11,336 |
| 5 years | $-9,400 |
| 7 years | $-7,464 |
| 9 years | $-5,528 |
| 11 years | $-3,591 |
| 13 years | $-1,655 |
| 15 years | $281 |
| 17 years | $2,217 |
| 19 years | $4,154 |
| 21 years | $6,090 |
| 23 years | $8,026 |
| 25 years | $9,962 |
Top Solar Installers in Redlands
Putting up solar panels yourself can be a difficult undertaking, which is why getting a solar installer 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 term with their warranties, repair services and expert design.
You can work with a local solar installer to get a free estimate on the cost of solar panels for your home. Here are some in Redlands:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
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 Redlands
Factors that Affect Solar Panel Costs in Redlands
The cost of installing a solar system in Redlands can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The largest one is the size of the system your household needs, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more energy your household consumes, the larger your system will likely need to be. You can expect to pay around $3,980 per kilowatt in Redlands.There are a lot of different solar panel brands and the one you pick also changes the cost. In general, the brands that are more efficient tend to also cost more. In addition, the type of equipment you’re looking to get can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on energy bills over time, but they can also be a big investment. That’s why many Redlands homeowners choose to finance their solar panel systems to make going solar more affordable.Even though solar loans make going solar more accessible for Redlands homeowners, they can also raise the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The remaining major cost factor you should keep in mind is the installer you choose. Given the massive popularity of sustainable energy solutions in Redlands, you’ll have lots of options to choose from, but each comes at different price points for labor and equipment.The company’s size sometimes plays the most considerable role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower prices because of access to greater resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing lower to compete with bigger companies.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $4.14 | $17,385 | $16,439 | 12.8 years |
| 8 kW | $4.06 | $22,734 | $22,365 | 12.6 years |
| 10 kW | $3.98 | $27,860 | $28,513 | 12.4 years |
| 12 kW | $3.90 | $32,763 | $34,884 | 12.1 years |
| 14 kW | $3.82 | $37,444 | $41,479 | 11.9 years |
| 16 kW | $3.74 | $41,901 | $48,296 | 11.6 years |
| 18 kW | $3.66 | $46,136 | $55,335 | 11.4 years |
| 20 kW | $3.58 | $50,148 | $62,598 | 11.1 years |
How to Save on Solar Panels
There are numerous companies available in Redlands, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:
- Warranty: Warranties that cover panel repairs and maintenance over a long period of time such as 25 years are the best you can get in the business, and offering that kind of warranty is one indication of a good company.
- Contract: Though reading through a contract can be tedious, it’s important to do it thoroughly so you can make sure you understand what services your solar company will provide and the terms of the warranty.
- Installation Process: Get details from your solar company about the installation process and what to expect, such as when the site survey will be done and what the project timeline is.
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years in most cases offer quality solar panel installation and expertise.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
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 Redlands, CO Solar Cost FAQs
What is the average cost of installing solar panels in Redlands?
The average cost of solar panels in Redlands is about $19,900 for a 5-kW system and $39,800 for a 10-kW system before the ITC, but the real cost will depend on certain factors such as the model of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Redlands?
Solar panels aren’t free in Redlands, 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 your home value?
Solar panels can increase your property’s value significantly as long as you buy or finance your panels and don’t opt for 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."
What solar power system size is right for my home?
To figure out what solar panel system size you need, you should find out how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average home 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.