Solar Panel Cost Guide in Coto de Caza, CA (2024 Update)
- Coto de Caza Solar Installation Cost: $7,006
- 25-Year Savings: $15,393
- Payback Period: 8.4 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Coto de Caza
We go over average solar pricing in Coto de Caza.
In Coto de Caza, solar panels cost about 3 per watt on average.The average Coto de Caza homeowner needs a 2.9-kilowatt system, which would cost about $7,006 with the federal tax credit, or $10,019 before the 0 tax credit is applied.
The true price you pay can go higher or lower than the average in Coto de Caza depending on a few factors, such as the model of solar panels you choose and the solar contractor you hire.With average savings of about $28,000 on electricity bills over 20 years, many homeowners in Coto de Caza find investing in solar can pay off big.
You can click the button below to get connected with a top solar installer in Coto de Caza that can help you get a more accurate cost estimate for your home.
Solar savings over time in Coto de Caza
| Year | Return on Investment |
|---|---|
| 1 years | $-5,347 |
| 3 years | $-2,028 |
| 5 years | $1,290 |
| 7 years | $4,608 |
| 9 years | $7,926 |
| 11 years | $11,244 |
| 13 years | $14,563 |
| 15 years | $17,881 |
| 17 years | $21,199 |
| 19 years | $24,517 |
| 21 years | $27,835 |
| 23 years | $31,154 |
| 25 years | $34,472 |
Top Solar Installers in Coto de Caza
Trying to put up solar panels yourself can be a challenging task, which is why getting a solar installer is a good option for many homeowners. Some solar installers, particularly local ones, can help you take advantage of incentives in Coto de Caza, optimizing your ROI.
You can get a free quote from a local solar installer on how much solar panels could cost for your home. Here are some near you:
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
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
See all of the solar companies in Coto de Caza
Factors that Affect Solar Panel Costs in Coto de Caza
Although the average cost of a solar system in Coto de Caza is $7,006, 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 important things to take into consideration.
Solar Equipment
The size of the solar 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. Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Coto de Caza, where sunlight is abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar installers in Coto de Caza offer solar loans, which reduce your upfront costs of installing solar.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’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 getting a solar loan with a low interest rate could reduce your costs considerably.
Solar Panel Installation Company
A final factor to consider when trying to evaluate the cost of solar for your home or business in Coto de Caza is the company you hire to install your solar system. As with choosing a company to install new cabinets, for example, there are plenty of solar installers that provide a range of services for different budgets.The company’s size can sometimes play the most significant role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have access to more resources and better 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 lower 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 | $28,330 | 8.7 years |
| 8 kW | $3.54 | $19,821 | $38,162 | 8.5 years |
| 10 kW | $3.47 | $24,290 | $48,189 | 8.4 years |
| 12 kW | $3.40 | $28,565 | $58,410 | 8.2 years |
| 14 kW | $3.33 | $32,646 | $68,825 | 8.0 years |
| 16 kW | $3.26 | $36,532 | $79,434 | 7.9 years |
| 18 kW | $3.19 | $40,224 | $90,238 | 7.7 years |
| 20 kW | $3.12 | $43,722 | $101,236 | 7.5 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 pick the right company for you, here are some tips to keep in mind:
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the completion timeline.
- Reputation: Solar panel companies that have great reviews from their customers and that have been operating for many years most likely provide quality solar panel installation and expertise.
- Solar Panel Brands: Each solar panel brand and kind has varying levels of quality, longevity and efficiency. They will come at different costs as well. The company you choose has an impact on which solar panel brands you have access to.
- Warranty: Warranties that provide coverage for panel repairs and maintenance over a long period of time such as 25 years are the gold standard in the business, and offering such a warranty is one sign of a quality company.
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
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
EcoWatch's Coto de Caza, CA Solar Cost FAQs
How much does it cost to install solar panels in Coto de Caza?
This is a tough question to answer exactly, because the cost depends on a few different factors. Generally speaking, it costs about $17,350 for a 5-kW system and $34,700 for a 10-kW system after the ITC is applied. You can expect to pay more if you want extra solar equipment or more efficient panels, or if you have higher-than-average energy usage. Conversely, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
Are solar panels free in Coto de Caza?
Solar panels aren’t free in Coto de Caza, 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 further reduce the cost.
Is making the switch to solar worth it?
Whether or not solar panels are worth it depends on some different factors like the cost of electricity near you and how much direct sunlight your roof gets.
How long do solar panels last in Coto de Caza?
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 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.