Solar Panel Cost Guide in Hilmar-Irwin, CA (2023 Update)
- Hilmar-Irwin Solar Installation Cost: $7,197
- 25-Year Savings: $19,700
- Payback Period: 7.1 Years
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Updated October 25, 2023
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Average Cost of Solar Panels in Hilmar-Irwin
Find out what the average cost of solar panel installation is in Hilmar-Irwin.
The average cost of a solar system in Hilmar-Irwin is 2.73 per watt.The average solar panel system size in Hilmar-Irwin is around 3.0 kilowatts, meaning a cost of about $5,657 for a solar installation, or $8,090 before the 30% federal solar tax credit is applied.
The true cost of your system can be higher or lower than the average in Hilmar-Irwin depending on a few factors, such as the type of solar panels you choose and the solar company you hire.Even with the large upfront cost, the average Hilmar-Irwin homeowner can save about $33,000 on their energy bills over 20 years, which is one of the benefits of solar.
For a customized quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Hilmar-Irwin
Year | Return on Investment |
---|---|
1 years | $-5,659 |
3 years | $-2,584 |
5 years | $492 |
7 years | $3,568 |
9 years | $6,644 |
11 years | $9,720 |
13 years | $12,795 |
15 years | $15,871 |
17 years | $18,947 |
19 years | $22,023 |
21 years | $25,099 |
23 years | $28,174 |
25 years | $31,250 |
Top Solar Installers in Hilmar-Irwin
Trying to install solar panels on your own can be a challenging task, which is why getting a solar installer is a good option for many homeowners. A solar company can also help save you money over time by providing warranties, repairs and part replacements.
Working with a professional solar installer can help you make the most of your investment in solar. Here are our recommendations:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
See all of the solar companies in Hilmar-Irwin
Factors that Affect Solar Panel Costs in Hilmar-Irwin
For many Hilmar-Irwin homeowners, the decision to install a solar energy system depends on cost. However, the range of solar installation costs can be quite wide in Hilmar-Irwin, with typical prices between $20,000 to $40,000. There are a number of factors that greatly influence the price you'll pay, which we'll go over below.
Solar Equipment
The size of the solar energy system you need for your household, 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 $2,730. There are a lot of different solar panel brands and the one you choose also affects the cost. Usually, the brands that have better efficiency tend to also be more expensive. Additionally, the type of equipment you choose can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be financially overwhelming. Solar loans are provided by most installers in Hilmar-Irwin, which can lower, or in some cases completely eliminate, your upfront costs to make solar more accessible.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
Lastly, the company you opt for to install your solar panel system can play a role in determining your pricing. Hilmar-Irwin's solar companies all have different labor costs and add varying upcharges to equipment. You may come across national solar installers that have lower prices due to their larger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or promotions 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 | $36,200 | 7.4 years |
8 kW | $3.54 | $19,821 | $48,655 | 7.2 years |
10 kW | $3.47 | $24,290 | $61,305 | 7.1 years |
12 kW | $3.40 | $28,565 | $74,148 | 7.0 years |
14 kW | $3.33 | $32,646 | $87,187 | 6.8 years |
16 kW | $3.26 | $36,532 | $100,419 | 6.7 years |
18 kW | $3.19 | $40,224 | $113,846 | 6.5 years |
20 kW | $3.12 | $43,722 | $127,467 | 6.4 years |
How to Save on Solar Panels
The solar panel company you choose will be a major factor in determining not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are several important things you should take into account, including:
- Reputation: Long-running companies likely have a solid reputation. This is important because it ensures that it will not only see your solar project through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
- Contract: Before signing a contract with a solar installer, make sure you read it through carefully so you understand the terms. Also, ask questions if you aren't sure about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
- Warranty: If you're concerned about the longevity of your solar system, verifying that your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you go with.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
EcoWatch's Hilmar-Irwin, CA Solar Cost FAQs
What is the average cost of installing solar panels in Hilmar-Irwin?
This is a difficult question to answer exactly, because the cost depends on many factors. Broadly speaking, it costs about $13,650 for a 5-kW system and $27,300 for a 10-kW system after the ITC is applied. It will cost more if you want other solar equipment or higher quality panels, or if you have higher-than-average energy consumption. On the flip side, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
Are solar panels free in Hilmar-Irwin?
You can't get solar panels for free in Hilmar-Irwin. However, you may still be able to install 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.
Does Hilmar-Irwin have a net metering program?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future power bills.
How long do solar panels last in Hilmar-Irwin?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount of energy production.
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.