Solar Panel Cost Guide in Mayfair, CA (2024 Update)
- Mayfair 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 Mayfair
We go over average solar pricing in Mayfair.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Mayfair, the typical cost of solar panels is 3 per watt.The average solar panel system size in Mayfair is around 3.0 kilowatts, meaning a cost of about $7,234 for a solar installation, or $10,345 before the 0 federal solar tax credit is applied.
Remember that the numbers above are only averages. The price you’ll end up paying for solar will differ based on your household energy consumption, the type of solar panels you choose, your solar contractor and more.Many homeowners find installing solar panels is a solid investment. The average homeowner in Mayfair can save about $34,000 on their electricity bills over 20 years.
Click the button below to get connected to a vetted solar installer in Mayfair for a custom quote.
Solar savings over time in Mayfair
| 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 Mayfair
Many homeowners opt for a solar panel company since figuring out how to install solar panels on your own can be challenging. A solar company can also help save you money in the long run by providing warranties, repairs and system component replacements.
If you're on the hunt for a solar company in Mayfair, we've organized 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 Mayfair
Factors that Affect Solar Panel Costs in Mayfair
Though the average cost of a solar system in Mayfair is $7,234, your final cost may be above or below the average. There are quite a few factors that can have a sizable impact on the cost of a solar system installation. Below are some of the more crucial things to consider.
Solar Equipment
One of the most significant 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 around $3,470 per kilowatt in Mayfair.The solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more over time on your electric bills. In addition, add-on products, like solar batteries, can bump up your total well above the Mayfair average.
Solar Financing Terms
Most solar installers in Mayfair offer solar loans, which reduce your upfront costs of installing a solar system.It’s wise to include the interest you’ll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and how long it’ll take to pay back the loan.
Solar Panel Installation Company
A final factor to keep in mind when trying to estimate the cost of solar for your home or business in Mayfair is the company you choose to install your solar panel system. As with choosing a company to build a deck or pool, for example, there’s no shortage of solar installers that provide a range of services at different price points.Larger national companies generally have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or extra services like electric vehicle charger installation, they might be cheaper overall.
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
The solar installer you go with will impact not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are some important things you should consider, including:
- Reputation: Your solar installer should have a good reputation as a company and have demonstrated expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from previous customers.
- Warranty: A high-quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Installation Process: Make sure you’re on the same page with the installer in regard to how the installation process will go and what you need to do before your solar panels are installed, such as updating or replacing your electrical system or roof.
- Solar Panel Brands: Different companies will have different brands and types of panels. If you prefer a specific brand, make sure the solar panel company 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 Mayfair, CA Solar Cost FAQs
How much does it cost to install solar panels in Mayfair?
The average cost of solar panels in Mayfair 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 such as the type of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Mayfair?
Solar panels aren’t free in Mayfair, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Is making the switch to solar worth it?
Solar panels can be a good investment for many homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your energy bills are already reasonably low, solar panels might not be for you.
How long do solar panels last in Mayfair?
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 larger level 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.