Solar Panel Cost Guide in Boyes Hot Springs, CA (2024 Update)
- Boyes Hot Springs Solar Installation Cost: $7,496
- 25-Year Savings: $20,434
- Payback Period: 7.1 Years
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Average Cost of Solar Panels in Boyes Hot Springs
Find out what the average cost of solar panel installation is in Boyes Hot Springs.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Boyes Hot Springs, the typical cost of solar panels is 3 per watt.The average solar panel system size in Boyes Hot Springs is around 3.1 kilowatts, meaning a cost of about $7,496 for a solar installation, or $10,719 before the 0 federal solar tax credit is applied.
The true cost of your system can go above or below the average in Boyes Hot Springs depending on a variety of factors, such as the brand of solar panels you choose and the solar company you hire.Despite the large initial cost, the average Boyes Hot Springs homeowner can save about $32,000 on their power bills over 20 years, which is one of the positives of solar.
You can click the button below to get connected with a top solar installer in Boyes Hot Springs that can help you get a more accurate cost estimate for your home.
Solar savings over time in Boyes Hot Springs
| Year | Return on Investment |
|---|---|
| 1 years | $-5,958 |
| 3 years | $-2,882 |
| 5 years | $194 |
| 7 years | $3,269 |
| 9 years | $6,345 |
| 11 years | $9,421 |
| 13 years | $12,497 |
| 15 years | $15,573 |
| 17 years | $18,648 |
| 19 years | $21,724 |
| 21 years | $24,800 |
| 23 years | $27,876 |
| 25 years | $30,952 |
Top Solar Installers in Boyes Hot Springs
Many homeowners opt for a solar panel installer since installing solar panels on your own can be challenging. The expertise that solar companies provide can be helpful as well, particularly if you don’t quite know what kind of solar equipment would be right for your home.
Working with a vetted solar installer can help your solar project go smoothly. Here are our recommendations:
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 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 Boyes Hot Springs
Factors that Affect Solar Panel Costs in Boyes Hot Springs
Cost is typically one of the most important factors for homeowners who want to invest in solar. There are a few major factors that determine your overall cost in Boyes Hot Springs: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power generation require better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,470.The kind of solar panels and equipment you get is another factor that will significantly affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Moreover, solar equipment consists of more than just the solar panels themselves. You’ll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking for a solar system that falls within your budget.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a big investment. That’s why many Boyes Hot Springs homeowners choose to finance their solar panel systems to make going solar more affordable.It’s wise to include the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it’ll take to pay back the loan.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Boyes Hot Springs is the company you hire to install your solar system. Similar to choosing a company to build a deck or pool, for example, there’s no shortage of solar installers that provide a range of services at different price points.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 cost more. 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 | $3.61 | $15,157 | $36,037 | 7.4 years |
| 8 kW | $3.54 | $19,821 | $48,438 | 7.3 years |
| 10 kW | $3.47 | $24,290 | $61,033 | 7.1 years |
| 12 kW | $3.40 | $28,565 | $73,822 | 7.0 years |
| 14 kW | $3.33 | $32,646 | $86,806 | 6.8 years |
| 16 kW | $3.26 | $36,532 | $99,984 | 6.7 years |
| 18 kW | $3.19 | $40,224 | $113,357 | 6.5 years |
| 20 kW | $3.12 | $43,722 | $126,924 | 6.4 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since choosing a company can be a challenge, we have some tips to help you, such as:
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and how much efficiency they need. While there are many options for which brand of solar panel you can get, not every company will have the exact one you may want or need, so be sure to take a look at their list of options before deciding.
- Warranty: A comprehensive, long-term warranty can help keep your solar panel system running for a long time and save you money on repairs and maintenance.
- Contract: Before you sign a contract with a solar installer, be sure to look it over fully so you understand the terms. Also, ask questions if you’re unsure about some of the terms, such as what to do if a component breaks or malfunctions and what services you can expect from them.
- Installation Process: Make sure you’re aligned with the company in regard to how the installation process will go and what you need to do before your solar panels are installed, such as repairing your electrical system or roof.
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 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 Boyes Hot Springs, CA Solar Cost FAQs
How much does it cost to install solar panels in Boyes Hot Springs?
The average cost of solar panels in Boyes Hot Springs is about $17,350 for a 5-kW system and $34,700 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.
Are solar panels free in Boyes Hot Springs?
You can’t get solar panels for free in Boyes Hot Springs. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d prefer to own your solar panels, you can finance them with a solar loan.
Is it worth going solar in Boyes Hot Springs?
Solar panels can be a great investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your electricity bills are already reasonably low, solar panels might not be for you.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy usage and the average daily sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to get between 20 and 35 panels to account for their typical energy usage.
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.