Solar Panel Cost Guide in Irvine, CA (2024 Update)
- Irvine Solar Installation Cost: $7,006
- 25-Year Savings: $13,562
- Payback Period: 9.2 Years
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Average Cost of Solar Panels in Irvine
Find out what the average cost of solar panel installation is in Irvine.
In Irvine, solar panels cost about 3 per watt on average.Using this figure, a typical 2.9-kW system would cost about $7,006 before the 0 federal solar tax credit is applied.
How much you pay can be above or below the average in Irvine depending on a few factors, such as the brand of solar panels you choose and the solar installer you hire.With typical savings of about $25,000 on utility bills over 20 years, many homeowners in Irvine find investing in solar has a decent ROI.
To receive a free quote from a pre-vetted solar installer in Irvine, you can click the button below.
Solar savings over time in Irvine
Year | Return on Investment |
---|---|
1 years | $-5,821 |
3 years | $-3,451 |
5 years | $-1,082 |
7 years | $1,288 |
9 years | $3,657 |
11 years | $6,027 |
13 years | $8,396 |
15 years | $10,766 |
17 years | $13,135 |
19 years | $15,505 |
21 years | $17,874 |
23 years | $20,244 |
25 years | $22,613 |
Top Solar Installers in Irvine
Many homeowners decide to hire a solar panel installer since figuring out how to install solar panels on your own can be a labor-intensive endeavor. Solar installers offer key benefits that can help you get the most out of your investment, like warranties, monitoring and free repairs.
If you're searching for a solar installer in Irvine, the EcoWatch team has 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 Irvine
Factors that Affect Solar Panel Costs in Irvine
There are many factors that can influence your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more power your household consumes, the larger your system will likely need to be. You can expect to spend about $3,470 per kilowatt in Irvine.There are a lot of different solar panel brands and the one you choose also changes the cost. In general, the brands that offer higher efficiency tend to also be more expensive. Additionally, the type of equipment you’re looking to install can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Many homeowners find the average cost of solar in Irvine to be too expensive, even if the investment pays off over time. Thankfully, nearly every solar company in the area provides financing options. Solar loans substantially decrease upfront costs in most cases, but they also result in a higher cost over time due to interest.When estimating your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
The remaining significant cost factor you should consider is the installer you choose. Given the massive popularity of green energy solutions in Irvine, you’ll have lots of options to choose from, but each comes at different price points for labor and equipment.Additionally, some companies in Irvine are more knowledgeable about local solar incentives and can help you make good use 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 help you save 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 | $24,523 | 9.5 years |
8 kW | $3.54 | $19,821 | $33,086 | 9.4 years |
10 kW | $3.47 | $24,290 | $41,843 | 9.2 years |
12 kW | $3.40 | $28,565 | $50,794 | 9.0 years |
14 kW | $3.33 | $32,646 | $59,940 | 8.8 years |
16 kW | $3.26 | $36,532 | $69,280 | 8.6 years |
18 kW | $3.19 | $40,224 | $78,815 | 8.4 years |
20 kW | $3.12 | $43,722 | $88,544 | 8.3 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you find the right company for you, here are some tips to keep in mind:
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, including when the site survey will be completed and what the project timeline is.
- Reputation: Well-established companies likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
- Solar Panel Brands: The type of solar panel you want plays a part in which company you should go with, since different companies offer different panels.
- Contract: It’s important to read your solar installer’s contract carefully to understand what services they will provide, what the warranty covers and what you can expect about 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 Irvine, CA Solar Cost FAQs
What is the average cost of installing solar panels in Irvine?
The average cost of solar panels in Irvine 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 type of solar panels you want, what size system you need and how much energy you consume.
Is it better to lease or buy solar panels in Irvine?
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 bang for your buck from going solar.
Is it worth going solar in Irvine?
Solar panels can be a good investment for a majority of homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your power bills are already reasonably low, solar panels might not be for you.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you need to know how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can generally 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.