Solar Panel Cost Guide in Fowler, CA (2024 Update)
- Fowler Solar Installation Cost: $7,234
- 25-Year Savings: $20,639
- Payback Period: 6.9 Years
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Average Cost of Solar Panels in Fowler
Let’s have a look at the average cost of solar in Fowler.
The average cost of a solar system in Fowler is 3 per watt.To cover the typical energy needs of the average home in Fowler, most homeowners require a 3.0-kilowatt system. Using the figure above, a solar installation costs around $7,234, or $10,345 before the federal solar tax credit of 0 is applied.
How much you pay can be higher or lower than the average in Fowler based on a variety of factors, such as the brand of solar panels you choose and the solar company you hire.But, once you've paid the upfront cost of installation, the savings for most homeowners is typically fruitful, with a net average savings of about $34,000 over 20 years on utility bills.
To get a free estimate from a vetted solar installation company in Fowler, you can click the button below.
Solar savings over time in Fowler
| Year | Return on Investment |
|---|---|
| 1 years | $-5,696 |
| 3 years | $-2,621 |
| 5 years | $455 |
| 7 years | $3,531 |
| 9 years | $6,607 |
| 11 years | $9,683 |
| 13 years | $12,758 |
| 15 years | $15,834 |
| 17 years | $18,910 |
| 19 years | $21,986 |
| 21 years | $25,062 |
| 23 years | $28,137 |
| 25 years | $31,213 |
Top Solar Installers in Fowler
Although it's possible to install solar panels on your own, it involves extra energy and know-how. That's why almost all homeowners choose to hire a solar panel installer. Companies can also have access to various kinds of the best solar panels and help you decide which one will be best for your home.
If you're looking for a solar company in Fowler, we've compiled a list of our top suggestions here:
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 Fowler
Factors that Affect Solar Panel Costs in Fowler
Cost is usually one of the most important factors for homeowners who are considering investing in solar. There are a few key factors that affect your total cost in Fowler: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. Because of that, it’s important to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs.The type of solar panels and equipment you get is another factor that will substantially affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Plus, solar equipment consists of more than 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 researching a solar system that falls within your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Fowler to be prohibitively steep, even if the investment pays off over time. Fortunately, nearly every solar installer in the area provides access to financing options. Solar loans remarkably decrease upfront costs in most cases, but they also lead to a higher cost over time because of interest.You’ll have to consider the long-term cost of loans, including the total interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the original cost. Making a larger down payment or securing a solar loan with a low interest rate could reduce your costs considerably.
Solar Panel Installation Company
The last key cost factor you should take into consideration is the installer you choose. Given the massive popularity of sustainable energy solutions in Fowler, you’ll have lots of options to choose from, but each comes at different price points for labor and equipment.You may notice national solar installers that have lower prices due to their bigger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or specials to compete with those major players.
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 | $37,888 | 7.1 years |
| 8 kW | $3.54 | $19,821 | $50,906 | 7.0 years |
| 10 kW | $3.47 | $24,290 | $64,119 | 6.9 years |
| 12 kW | $3.40 | $28,565 | $77,525 | 6.7 years |
| 14 kW | $3.33 | $32,646 | $91,126 | 6.6 years |
| 16 kW | $3.26 | $36,532 | $104,922 | 6.5 years |
| 18 kW | $3.19 | $40,224 | $118,911 | 6.3 years |
| 20 kW | $3.12 | $43,722 | $133,095 | 6.2 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you find the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: Not all solar installers offer the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you go with.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to install your solar system. Another way you can verify your installer’s reputation is by reading reviews.
- Contract: It’s important to look over your solar installer’s contract well to understand what services they will provide, what the warranty covers and what expectations you should have about the installation process.
- Installation Process: Homeowners should make sure they know how exactly the installation process will be carried out, as well as important factors like the project timeline.
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 Fowler, CA Solar Cost FAQs
How much does it cost to install solar panels in Fowler?
This is a hard question to answer exactly, because the cost depends on a few different factors. Broadly speaking, it costs about $17,350 for a 5-kW system and $34,700 for a 10-kW system after the ITC is applied. It will be more expensive if you want additional solar equipment or higher quality panels, or if you have higher-than-average energy usage. Conversely, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.
Is it better to lease or buy solar panels in Fowler?
Leasing solar panels can be an option if you can’t pay upfront or secure a solar loan, but since you don’t own the system, you don’t have access to many solar incentives. Also your property value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.
How will having solar panels impact how much my home is worth?
Solar panels can increase your property’s value remarkably as long as you buy or finance your panels and don’t choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and how much sunlight your roof gets. You can 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 install 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.