Solar Panel Cost Guide in Yosemite Lakes, CA (2024 Update)
- Yosemite Lakes Solar Installation Cost: $7,303
- 25-Year Savings: $20,585
- Payback Period: 6.9 Years
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Average Cost of Solar Panels in Yosemite Lakes
We go over average solar pricing in Yosemite Lakes.
In Yosemite Lakes, solar panels cost about 3 per watt on average.To cover the typical energy usage of the average home in Yosemite Lakes, most homeowners require a 3.0-kilowatt system. Using the figure above, a solar installation costs about $7,303, or $10,443 before the federal solar tax credit of 0 is applied.
These figures are just estimates, and the cost of going solar for you will most likely look different based on the amount of energy your home requires and what company you go with.Many homeowners find going solar is a rewarding investment. The average homeowner in Yosemite Lakes can save around $33,000 on their power bills over 20 years.
For a free quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Yosemite Lakes
| Year | Return on Investment |
|---|---|
| 1 years | $-5,765 |
| 3 years | $-2,690 |
| 5 years | $386 |
| 7 years | $3,462 |
| 9 years | $6,538 |
| 11 years | $9,614 |
| 13 years | $12,689 |
| 15 years | $15,765 |
| 17 years | $18,841 |
| 19 years | $21,917 |
| 21 years | $24,993 |
| 23 years | $28,068 |
| 25 years | $31,144 |
Top Solar Installers in Yosemite Lakes
Trying to put up solar panels by yourself can be a stressful project, which is why getting a solar installer is a good option for many homeowners. Plus, if you’re not certain what kind of solar panels and equipment you may need, a solar installer can help you figure that out after a site survey and consultation.
If you're looking for a solar installer in Yosemite Lakes, the EcoWatch team has 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 Yosemite Lakes
Factors that Affect Solar Panel Costs in Yosemite Lakes
For many Yosemite Lakes homeowners, the decision to install solar panels rests on cost. However, the range of solar installation costs can be quite wide in Yosemite Lakes, with typical prices between $20,000 to $40,000. There are various factors that greatly influence the price you’ll pay, which we'll go over below.
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 electricity your household uses, the larger your system will likely need to be. You can expect to pay around $3,470 per kilowatt in Yosemite Lakes.The type of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. On the other hand, more efficient panels could save you more in the long run on your electric bills. In addition, extra products, like solar batteries, can bring your total well above the Yosemite Lakes average.
Solar Financing Terms
Solar panels can save you money on power bills over time, but they can also be a significant investment. That’s why many Yosemite Lakes homeowners opt to finance their solar panel systems to make going solar more affordable.You’ll have to consider the long-term cost of financing options, including the total interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
Lastly, the company you hire to install your solar system can play a role in determining the cost. Yosemite Lakes’s solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies usually have lower costs, but some local companies keep up with them by offering 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 | $37,387 | 7.2 years |
| 8 kW | $3.54 | $19,821 | $50,238 | 7.1 years |
| 10 kW | $3.47 | $24,290 | $63,284 | 6.9 years |
| 12 kW | $3.40 | $28,565 | $76,524 | 6.8 years |
| 14 kW | $3.33 | $32,646 | $89,958 | 6.7 years |
| 16 kW | $3.26 | $36,532 | $103,586 | 6.5 years |
| 18 kW | $3.19 | $40,224 | $117,409 | 6.4 years |
| 20 kW | $3.12 | $43,722 | $131,426 | 6.2 years |
How to Save on Solar Panels
The solar company you opt for will influence 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 a few important things you should take into account, including:
- Contract: Although reading through a contract can take a lot of time, it’s important to do it fully so you can make sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Reputation: Long-standing companies likely have a high reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Solar Panel Brands: Different companies offer various brands and kinds of panels. If you want a specific brand, make sure the solar installer you’re considering has it.
- Warranty: Each company may offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
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 Yosemite Lakes, CA Solar Cost FAQs
What is the average cost of installing solar panels in Yosemite Lakes?
The average cost of solar panels in Yosemite Lakes 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 things such as the type of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Yosemite Lakes?
Solar panels aren’t free in Yosemite Lakes, 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 you can take advantage of.
Do solar panels increase the value of your home?
Solar panels can increase the value of your home remarkably as long as you buy or finance your panels and don’t opt 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 solar panels."
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 higher 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.