Solar Panel Cost Guide in Gridley, CA (2024 Update)
- Gridley Solar Installation Cost: $7,626
- 25-Year Savings: $20,331
- Payback Period: 7.2 Years
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Average Cost of Solar Panels in Gridley
We go over average solar pricing in Gridley.
The national average cost of solar panels is $2.66 per watt, but in Gridley it’s 3 per watt.To cover the typical energy usage of the average home in Gridley, most homeowners require a 3.1-kilowatt system. Using the per-watt figure above, a solar installation costs about $7,626, or $10,905 before the federal solar tax credit of 0 is applied.
These figures are only estimates, and your own solar costs may differ based on factors unique to your home and what company you choose to go with.Many homeowners find installing a solar system is a sound investment. The average homeowner in Gridley can save about $32,000 on their power bills over 20 years.
For a customized quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Gridley
Year | Return on Investment |
---|---|
1 years | $-6,088 |
3 years | $-3,013 |
5 years | $63 |
7 years | $3,139 |
9 years | $6,215 |
11 years | $9,291 |
13 years | $12,366 |
15 years | $15,442 |
17 years | $18,518 |
19 years | $21,594 |
21 years | $24,670 |
23 years | $27,745 |
25 years | $30,821 |
Top Solar Installers in Gridley
Installing solar panels on your own can be a challenging project, which is why hiring a solar installation company is a good option for many homeowners. Solar warranties and repairs are often included in the cost of installation when you opt for a solar contractor as well, which can save you more money over time.
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 Gridley
Factors that Affect Solar Panel Costs in Gridley
Cost is usually 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 Gridley: 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 size of the solar energy system you need for your household, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $3,470. There are a lot of different solar panel brands and the one you choose also changes the cost. In general, the brands that have better efficiency tend to also be more expensive. Plus, the type of equipment you want to install can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on utility bills over many years, but they can also be a big investment. That’s why many Gridley homeowners choose to finance their solar panel systems to offset upfront costs.When considering 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
The last key cost factor you should keep in mind is the installer you choose. Given the massive popularity of green energy solutions in Gridley, you’ll have plenty of options to choose from, but each comes at varying price points for labor and equipment.The size of the company sometimes plays the most significant role in the cost. Larger national companies, like SunPro and Sunrun, often have lower pricing due to access to greater resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing down 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 | $3.61 | $15,157 | $35,162 | 7.5 years |
8 kW | $3.54 | $19,821 | $47,271 | 7.4 years |
10 kW | $3.47 | $24,290 | $59,574 | 7.2 years |
12 kW | $3.40 | $28,565 | $72,072 | 7.1 years |
14 kW | $3.33 | $32,646 | $84,764 | 7.0 years |
16 kW | $3.26 | $36,532 | $97,651 | 6.8 years |
18 kW | $3.19 | $40,224 | $110,732 | 6.7 years |
20 kW | $3.12 | $43,722 | $124,007 | 6.5 years |
How to Save on Solar Panels
Since the model of solar panels and the installation company you choose has an impact on your costs and your system’s efficiency, production, and durability, it’s important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Solar Panel Brands: The model of solar panel you want to get plays a part in which company you should opt for, since different companies have different panels.
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, such as when the site survey will be done and how long it will take.
- Contract: When looking through your solar company’s contract, ask questions 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.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to do the job well. Another way you can look into your installer’s reputation is by reading reviews.
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 Gridley, CA Solar Cost FAQs
What is the average cost of installing solar panels in Gridley?
This is a difficult question to answer exactly, because the cost depends on many factors. Generally 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 other solar equipment or more efficient panels, or if you have higher-than-average energy needs. Conversely, you can spend less if you want a smaller solar panel system or less expensive solar panels.
Is it better to lease or buy solar panels in Gridley?
Leasing solar panels can be an option if you can’t afford to 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 financial benefits from going solar.
Is switching to solar power worth it?
Whether or not solar panels are worth it depends on some different factors like local electricity rates and how much direct sunlight your roof gets.
What solar power system size is right for my home?
To figure out how many solar panels 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 usually produce about 250 to 400 watt-hours per hour, the average household 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.