Solar Panel Cost Guide in Livermore, CA (2024 Update)
- Livermore Solar Installation Cost: $7,314
- 25-Year Savings: $20,577
- Payback Period: 6.9 Years
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Average Cost of Solar Panels in Livermore
See how much it might cost to make the switch to solar in Livermore.
The average cost of a solar panel system in Livermore is 3 per watt.The average solar panel system size in Livermore is around 3.0 kilowatts, meaning a cost of about $7,314 for a solar installation, or $10,459 before the 0 federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Livermore homeowners. The cost of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor.For many homeowners, the upfront investment in solar power is worth paying. On average you could be looking at about $33,000 in savings on utility 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 Livermore
| Year | Return on Investment |
|---|---|
| 1 years | $-5,776 |
| 3 years | $-2,700 |
| 5 years | $376 |
| 7 years | $3,452 |
| 9 years | $6,528 |
| 11 years | $9,603 |
| 13 years | $12,679 |
| 15 years | $15,755 |
| 17 years | $18,831 |
| 19 years | $21,907 |
| 21 years | $24,982 |
| 23 years | $28,058 |
| 25 years | $31,134 |
Top Solar Installers in Livermore
Do-it-yourself solar panel installation is a choice some homeowners opt for, but it's an undertaking that can take a lot of hard work. Taking advantage of an installer can make your switch to solar power much easier. Solar warranties and repairs are typically included in the cost of installation when you go with a solar contractor too, which can save you more money after your initial investment.
Working with a professional solar company can make going solar easier. Here are our recommendations:
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 Livermore
Factors that Affect Solar Panel Costs in Livermore
The cost of installing a solar system in Livermore can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The largest one is the size of the system your home needs, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
The size of the solar panel system you need to offset your energy usage, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by about $3,470. The brand and kind of equipment you choose for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have limited roof space or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a significant investment. That’s why many Livermore homeowners decide to finance their solar panel systems to make going solar more affordable.Although solar loans make switching to solar energy more accessible for Livermore homeowners, they can also add to the total you pay for your system due to interest. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The solar installer you opt for to handle your switch to clean energy can have an effect on your total costs. There are about 3 solar installation companies operating throughout Livermore, and each can charge varying amounts for labor and equipment.The company’s size sometimes plays the most considerable role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower prices due to greater 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 discount can bring their pricing down to compete with bigger names.
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 | $37,313 | 7.2 years |
| 8 kW | $3.54 | $19,821 | $50,140 | 7.1 years |
| 10 kW | $3.47 | $24,290 | $63,161 | 6.9 years |
| 12 kW | $3.40 | $28,565 | $76,376 | 6.8 years |
| 14 kW | $3.33 | $32,646 | $89,785 | 6.7 years |
| 16 kW | $3.26 | $36,532 | $103,389 | 6.5 years |
| 18 kW | $3.19 | $40,224 | $117,187 | 6.4 years |
| 20 kW | $3.12 | $43,722 | $131,180 | 6.2 years |
How to Save on Solar Panels
There are a lot of companies available in Livermore, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be challenging, so here are some tips to help you decide:
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and how much efficiency they need. Even though there are many options for which type of solar panel you can get, not every company will have the exact one you may want or need, so be sure to ask for their list of options before making your decision.
- Contract: Before you sign a contract with a solar installer, make sure to read it through completely so you understand the terms. Also, ask questions if you’re not sure about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
- Reputation: Solar installers that have great reviews from their customers and that have been operating for many years likely offer good-quality solar panel installation and expertise.
- Warranty: A comprehensive, 25-year warranty can help keep your solar panel system running for a long time and save you money on repairs and maintenance.
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 Livermore, CA Solar Cost FAQs
How much does it cost to install solar panels in Livermore?
The average cost of solar panels in Livermore is about $17,350 for a 5-kW system and $34,700 for a 10-kW system before the ITC, but the real cost will depend on certain factors like the model of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in Livermore?
Leasing solar panels can be an option if you can’t afford to pay upfront or secure a solar loan, but since you don’t own the system, you don’t have access to many solar incentives. Also your property value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.
How much can I save on energy bills after switching to solar?
Solar panels can potentially eliminate your electricity bills depending on your location and how much sunlight your home gets. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $1,749.02 per year.
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 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.