Solar Panel Cost Guide in Truckee, CA (2024 Update)
- Truckee Solar Installation Cost: $7,488
- 25-Year Savings: $18,026
- Payback Period: 7.8 Years
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Updated February 03, 2024
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Average Cost of Solar Panels in Truckee
Let’s have a look at the average cost of solar in Truckee.
Although the national average of solar panels is $2.66 per watt, solar panels in Truckee typically cost about 3.The average Truckee homeowner needs a 3.1-kilowatt system, which would cost about $7,488 with the federal tax credit, or $10,708 before the 0 tax credit is applied.
These figures are only averages, and the cost of going solar for you will most likely look different based on factors unique to your home and what company you choose to go with.But, once you've paid the upfront cost of installation, the return on investment for most homeowners is usually good, with a net average savings of about $29,000 over 20 years on utility bills.
To receive a free quote from a top solar installer in Truckee, you can click the button below.
Solar savings over time in Truckee
Year | Return on Investment |
---|---|
1 years | $-5,950 |
3 years | $-2,875 |
5 years | $201 |
7 years | $3,277 |
9 years | $6,353 |
11 years | $9,429 |
13 years | $12,504 |
15 years | $15,580 |
17 years | $18,656 |
19 years | $21,732 |
21 years | $24,808 |
23 years | $27,883 |
25 years | $30,959 |
Top Solar Installers in Truckee
Putting up solar panels by yourself can be a time-consuming task, which is why getting a solar installation company is a good option for many homeowners. A solar installer can also help save you money over the lifespan of your system by providing warranties, repairs and component replacements.
There are several licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
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 Truckee
Factors that Affect Solar Panel Costs in Truckee
Cost is typically one of the most important factors for homeowners who want to invest in solar. There are a few primary factors that determine your overall cost in Truckee: solar equipment and system size, financing options and the solar installation company you choose. We’ll go over each of these briefly below.
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 electricity your household consumes, the larger your system will likely need to be. You can expect to pay about $3,470 per kilowatt in Truckee.The kind of solar equipment you choose can increase or decrease your cost 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 in the long run on your power bills. Additionally, extra products, such as solar batteries, can bump up your total well above the Truckee average.
Solar Financing Terms
Many homeowners find the average cost of solar in Truckee to be too costly, even if the investment pays off over time. Thankfully, almost every solar installer in the area offers financing options. Solar loans drastically decrease upfront costs in most cases, but they also result in a higher cost over time because of interest.You’ll have to consider the long-term cost of loans, including the total interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or securing a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Truckee is the company you choose to install your solar panel system. As with choosing a company to install new cabinets, for example, you’ll have many options for solar installers that provide a range of services at different price points.Larger national companies typically have lower costs, but some local companies compete with them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or additional services like electric car 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 | $31,392 | 8.1 years |
8 kW | $3.54 | $19,821 | $42,245 | 8.0 years |
10 kW | $3.47 | $24,290 | $53,292 | 7.8 years |
12 kW | $3.40 | $28,565 | $64,533 | 7.7 years |
14 kW | $3.33 | $32,646 | $75,969 | 7.5 years |
16 kW | $3.26 | $36,532 | $87,599 | 7.4 years |
18 kW | $3.19 | $40,224 | $99,423 | 7.2 years |
20 kW | $3.12 | $43,722 | $111,441 | 7.0 years |
How to Save on Solar Panels
There are many companies to choose from in Truckee, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be challenging, so here are some tips to help you decide:
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, durability and efficiency. They will come at different prices as well. The company you choose plays a role in which solar panel brands you have access to.
- Reputation: Your solar installer should have a good reputation as a company and have verifiable expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from previous customers.
- Warranty: Warranties that cover defective panels and repairs over around 25 years are the best you can get in the business, and offering such a warranty is one indication of a good company.
- Installation Process: When going solar, it’s essential to maintain an open line of communication with your solar panel company. Make sure you understand how the installation process will go and 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 Truckee, CA Solar Cost FAQs
How much does it cost to install solar panels in Truckee?
The average cost of solar panels in Truckee 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 like the type of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Truckee?
A solar panel system isn’t free in Truckee, but there are some options that can make getting them more affordable, 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 it worth going solar in Truckee?
Whether or not solar panels are worth it depends on some different factors like the cost of electricity near you and the amount of direct sunlight your roof gets.
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 decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger 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.