Solar Panel Cost Guide in Plumas Lake, CA (2024 Update)
- Plumas Lake Solar Installation Cost: $7,569
- 25-Year Savings: $20,376
- Payback Period: 7.2 Years
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Average Cost of Solar Panels in Plumas Lake
Find out what the average cost of installing solar panels is in Plumas Lake.
While the national average of solar panels is $2.66 per watt, solar panels in Plumas Lake generally cost around 3.Using this figure, a typical 3.1-kW system would cost about $7,569 before the 0 federal solar tax credit is applied.
These figures are just averages, and the cost of going solar for you will vary based on your specific situation and what company you go with.With typical savings of about $32,000 on energy bills over 20 years, many homeowners in Plumas Lake find installing solar panels has a decent ROI.
You can click the button below to get connected with a vetted solar company in Plumas Lake that can help you get a more accurate cost estimate for your home.
Solar savings over time in Plumas Lake
| Year | Return on Investment |
|---|---|
| 1 years | $-6,031 |
| 3 years | $-2,955 |
| 5 years | $120 |
| 7 years | $3,196 |
| 9 years | $6,272 |
| 11 years | $9,348 |
| 13 years | $12,424 |
| 15 years | $15,499 |
| 17 years | $18,575 |
| 19 years | $21,651 |
| 21 years | $24,727 |
| 23 years | $27,803 |
| 25 years | $30,878 |
Top Solar Installers in Plumas Lake
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can take a lot of hard work. Taking advantage of a solar panel installer can make your switch to solar power much easier. A solar installer can also help save you money in the long run by offering warranties, repairs and part replacements.
You can work with a local solar installer to get a free quote on how much your investment in solar could cost for your home. Here are some nearby:
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 Plumas Lake
Factors that Affect Solar Panel Costs in Plumas Lake
Even though the average cost of a solar system in Plumas Lake is $7,569, your actual cost may differ. 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
The size of the solar panel system you need, 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 nearly $3,470. The model of solar panels and equipment you want is another factor that will considerably impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Plus, solar equipment goes beyond just the solar panels themselves. You’ll also need to consider 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’s in your budget.
Solar Financing Terms
If paying for a solar system in cash is too expensive, solar loans are an affordable choice because they lower your upfront costs and let you pay for your system over five to seven years on average.When considering your overall cost, you should also calculate the interest you’ll pay if you decide on a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
Finally, the company you choose to install your solar panels can influence your pricing. Plumas Lake’s solar companies all have different labor costs and add varying upcharges to equipment. The size of the company sometimes plays the most significant role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower prices because of greater resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion 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 | $35,543 | 7.5 years |
| 8 kW | $3.54 | $19,821 | $47,779 | 7.3 years |
| 10 kW | $3.47 | $24,290 | $60,209 | 7.2 years |
| 12 kW | $3.40 | $28,565 | $72,834 | 7.0 years |
| 14 kW | $3.33 | $32,646 | $85,653 | 6.9 years |
| 16 kW | $3.26 | $36,532 | $98,667 | 6.8 years |
| 18 kW | $3.19 | $40,224 | $111,875 | 6.6 years |
| 20 kW | $3.12 | $43,722 | $125,277 | 6.5 years |
How to Save on Solar Panels
There are many companies to choose from in Plumas Lake, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:
- Reputation: Your solar installer should have a sound reputation as a company and have demonstrated expertise in the field. A couple of 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 satisfied reviews from past customers.
- Warranty: Each company may offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Installation Process: Get details from your solar company about the installation process and what to expect, including when the site survey will be completed and what the project timeline is.
- Solar Panel Brands: Not all solar companies have the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you go with.
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 Plumas Lake, CA Solar Cost FAQs
What is the average cost of installing solar panels in Plumas Lake?
The average cost of solar panels in Plumas Lake 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 certain factors such as the model of solar panels you want, what size system you need and how much energy you use.
Is cost the most important consideration when buying solar panels?
The upfront cost is a very important factor to consider, but whether it’s the most important for you depends on why you decided to go solar. In areas where rooftop space is limited, efficiency can trump the cost. Other factors that are important to think about are the quality and durability of your solar panels.
Do solar panels increase your property value?
Solar panels can increase your property’s value significantly as long as you buy or finance your panels and don’t go for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing a solar system."
How often do you have to replace solar panels?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down 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.