Solar Panel Cost Guide in Roseville, MN (2024 Update)
- Roseville Solar Installation Cost: $20,356
- 25-Year Savings: $21,441
- Payback Period: 14.2 Years
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Average Cost of Solar Panels in Roseville
We go over average solar pricing in Roseville.
The average cost of a solar panel system in Roseville is 4 per watt.Because a 7.2-kW system is needed to cover the energy costs of a typical home in Roseville, the average price of going solar will be about $20,356 after claiming the federal solar tax credit of 0.
The true cost of your system can be above or below the average in Roseville depending on a variety of factors, such as the brand of solar panels you choose and the solar company you hire.With average savings of about $19,000 on energy bills over 20 years, many homeowners in Roseville find going solar can be quite rewarding.
Click the button below to get connected to a reputable solar installer in your area for a custom estimate.
Solar savings over time in Roseville
Year | Return on Investment |
---|---|
1 years | $-19,076 |
3 years | $-16,518 |
5 years | $-13,959 |
7 years | $-11,400 |
9 years | $-8,841 |
11 years | $-6,282 |
13 years | $-3,723 |
15 years | $-1,164 |
17 years | $1,395 |
19 years | $3,954 |
21 years | $6,513 |
23 years | $9,071 |
25 years | $11,630 |
Top Solar Installers in Roseville
Installing solar panels by yourself can be a difficult undertaking, which is why getting a solar installation company is a good option for many homeowners. Local solar installation companies can also help you maximize your return on investment by walking you through any local incentives you can benefit from and by offering warranties and repairs.
If you’d like to switch to solar energy but still aren’t certain which solar system company to go with, here are our recommendations for providers near you:
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Roseville
Factors that Affect Solar Panel Costs in Roseville
Cost is often one of the most important factors for homeowners who want to invest in solar. There are a few primary factors that determine your overall cost in Roseville: solar equipment and system size, financing options and the solar installation company you choose. We’ll go over each of these briefly below.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. That’s why it’s crucial to accurately ascertain the size of the solar energy system needed for your home by figuring out your energy needs.The kind of solar panels and equipment you get is another factor that will greatly influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Moreover, solar equipment goes beyond just the solar panels themselves. You’ll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when searching for a solar system that’s in your budget.
Solar Financing Terms
Solar panels can save you money on power bills over many years, but they can also be a big investment. That’s why many Roseville homeowners choose to finance their solar panel systems to make paying for solar more affordable.When trying to figure out your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
A final factor to consider when trying to evaluate the cost of solar for your home or business in Roseville is the company you choose to install your solar panel system. Similar to choosing a company to build a deck or pool, for example, you’ll have many options for solar installers that provide a range of services at different costs.Some companies 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 choose a company that offers the products, warranties and services you’re looking for and also fits 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 | $4.19 | $17,603 | $12,153 | 14.8 years |
8 kW | $4.11 | $23,019 | $16,655 | 14.5 years |
10 kW | $4.03 | $28,210 | $21,383 | 14.2 years |
12 kW | $3.95 | $33,175 | $26,337 | 13.9 years |
14 kW | $3.87 | $37,914 | $31,517 | 13.7 years |
16 kW | $3.79 | $42,428 | $36,922 | 13.4 years |
18 kW | $3.71 | $46,716 | $42,552 | 13.1 years |
20 kW | $3.63 | $50,778 | $48,409 | 12.8 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you find the right company for you, here are some tips to keep in mind:
- Contract: When reading over your solar installer’s contract, ask for clarification about any terms you’re not sure of and make sure you understand what happens in scenarios such as a system component breaking or if the company goes out of business.
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you opt for.
- Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the completion timeline.
- Reputation: Make sure your solar company has a good reputation by verifying it has certifications and licenses, checking its number of years in business and reading reviews by past customers and solar experts like EcoWatch.
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Roseville, MN Solar Cost FAQs
What is the average cost of installing solar panels in Roseville?
The average cost of solar panels in Roseville is about $20,150 for a 5-kW system and $40,300 for a 10-kW system before the ITC, but the actual cost will depend on stuff like the model of solar panels you want, what size system you need and how much energy you use.
Is cost the most important thing to consider when buying solar panels?
Cost is without a doubt one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
How will installing solar panels impact my property value?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Roseville is currently $361,677, which means you can look forward to a value of about $14,829 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Roseville is a worthwhile investment.
How often do you have to replace solar panels?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is their energy production will have decreased significantly after that point. You can replace them after having them for that long or you can keep using them at a lower efficiency.
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.