Solar Panel Cost Guide in Citrus, CA (2024 Update)
- Citrus Solar Installation Cost: $6,920
- 25-Year Savings: $13,568
- Payback Period: 9.1 Years
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Average Cost of Solar Panels in Citrus
Find out how much it might cost to make the switch to solar in Citrus.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Citrus, the average cost of solar panels is 3 per watt.The average solar panel system size in Citrus is around 2.8 kilowatts, meaning a cost of about $6,920 for a solar installation, or $9,896 before the 0 federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average energy use of Citrus homeowners. The cost of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.Many homeowners find adopting solar power is a rewarding investment. The average homeowner in Citrus can save about $25,000 on their electricity bills over 20 years.
For a customized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Citrus
Year | Return on Investment |
---|---|
1 years | $-5,736 |
3 years | $-3,366 |
5 years | $-997 |
7 years | $1,373 |
9 years | $3,742 |
11 years | $6,112 |
13 years | $8,481 |
15 years | $10,851 |
17 years | $13,220 |
19 years | $15,590 |
21 years | $17,959 |
23 years | $20,329 |
25 years | $22,698 |
Top Solar Installers in Citrus
Although it's possible to install solar panels on your own, it requires extra effort and handiness. For that reason, most homeowners choose to hire a solar panel installer. Some solar companies, particularly local ones, can help you take advantage of incentives in Citrus, optimizing your ROI.
If you’d like to start using solar energy but still aren’t sure which solar system company to go with, here are our recommendations for providers nearby:
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 Citrus
Factors that Affect Solar Panel Costs in Citrus
There are a number of criteria that can influence your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
The size of the solar panel system you need to offset your energy usage, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $3,470. The brand of solar panels and equipment you want is another factor that will largely influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more costly. Furthermore, solar equipment goes beyond just the solar panels themselves. You’ll also need to make decisions about 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
For some homeowners, paying for solar panels out of pocket can be financially overwhelming. Solar loans are offered by most installers in Citrus, which can bring down, or in some cases eliminate, your upfront costs to make solar more affordable.It’s a good idea to factor 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 off the loan.
Solar Panel Installation Company
The solar installer you go with to handle your switch to solar energy can have an effect on your total costs. There are about 3 solar installation companies operating throughout Citrus, and each can charge different amounts for labor and equipment.Additionally, some companies in Citrus have more knowledge about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you more money in the long run.
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 | $24,882 | 9.5 years |
8 kW | $3.54 | $19,821 | $33,564 | 9.3 years |
10 kW | $3.47 | $24,290 | $42,441 | 9.1 years |
12 kW | $3.40 | $28,565 | $51,512 | 8.9 years |
14 kW | $3.33 | $32,646 | $60,778 | 8.7 years |
16 kW | $3.26 | $36,532 | $70,238 | 8.6 years |
18 kW | $3.19 | $40,224 | $79,892 | 8.4 years |
20 kW | $3.12 | $43,722 | $89,740 | 8.2 years |
How to Save on Solar Panels
There are a lot of companies to choose from in Citrus, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, so here are some tips to help you decide:
- Contract: Before signing a contract with a solar company, be sure to look it over completely so you understand the terms. Also, ask questions if you’re not sure about some of the terms, such as what to do if a component breaks or malfunctions and what services you can expect from them.
- Reputation: Solar companies that have great reviews from their customers and that have been operating for many years likely provide quality solar panel installation and expertise.
- Warranty: Companies typically offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Solar Panel Brands: Different companies will carry different brands and models of panels. If you want a specific brand, make sure the solar panel installer you’re considering has it.
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 Citrus, CA Solar Cost FAQs
How much does it cost to install solar panels in Citrus?
The average cost of solar panels in Citrus is about $17,350 for a 5-kW system and $34,700 for a 10-kW system before the ITC, but the real cost will depend on stuff like the type of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in Citrus?
Leasing solar panels can be an attractive choice, as it typically comes with low or $0 upfront payments. The downside is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any incentives and your home value won’t increase. Buying solar panels is a better option if you want to maximize your savings.
Can solar panels completely eradicate my energy bills?
It is possible to erase your electricity bills with solar panels, but for most homeowners in Citrus, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you’ll want to check with a local solar installer to see how many panels can fit on your roof.
How often do you have to replace solar panels?
Even 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 how much energy they produce will have decreased significantly after that point. You can opt to 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.