Solar Panel Cost Guide in Montclair, CA (2024 Update)
- Montclair Solar Installation Cost: $6,973
- 25-Year Savings: $13,283
- Payback Period: 9.3 Years
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Average Cost of Solar Panels in Montclair
Let’s have a look at the average cost of solar panels in Montclair.
The average cost of solar panels in Montclair is 3 per watt.Because a 2.9-kW system is needed to cover the energy usage of a typical home in Montclair, the average price of going solar will be about $6,973 after claiming the federal solar tax credit of 0.
Keep in mind that the numbers above are only averages. The price you’ll end up paying for solar will differ based on your household energy needs, the type of equipment you choose, your solar contractor and more.But, after you've paid the upfront cost of installation, the ROI for most homeowners is typically good, with a net average savings of about $25,000 over 20 years on utility bills.
To receive a free quote from a highly rated solar installer in Montclair, you can click the button below.
Solar savings over time in Montclair
Year | Return on Investment |
---|---|
1 years | $-5,788 |
3 years | $-3,419 |
5 years | $-1,049 |
7 years | $1,320 |
9 years | $3,690 |
11 years | $6,059 |
13 years | $8,429 |
15 years | $10,798 |
17 years | $13,168 |
19 years | $15,537 |
21 years | $17,907 |
23 years | $20,276 |
25 years | $22,646 |
Top Solar Installers in Montclair
Many homeowners opt for a solar installation company since figuring out how to install solar panels by yourself can be hard. The expertise that solar installers provide can be helpful as well, especially if you don’t quite know what brand of solar equipment would be right for your home.
If you're looking for a solar installer in Montclair, we've compiled a list of our top suggestions here:
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 Montclair
Factors that Affect Solar Panel Costs in Montclair
There are many criteria that can affect your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. That’s why it’s a priority to accurately ascertain the size of the solar energy system needed for your home by figuring out your average energy use.There are many different solar panel brands and the one you choose also changes the cost. In many cases, the brands that are more efficient tend to also be more expensive. Plus, the type of equipment you choose can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be difficult. Solar loans are available from most installers in Montclair, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more affordable.While solar loans make adopting solar energy more accessible for Montclair homeowners, they can also increase the total you pay for your system, depending on your interest rate. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The last significant cost factor you should consider is the installer you choose. Given the massive popularity of sustainable energy solutions in Montclair, you’ll have lots of options to choose from, but each comes at different price points for labor and equipment.You may see national solar installers that have lower prices because of their larger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or specials to compete with those major players.
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 | $24,071 | 9.7 years |
8 kW | $3.54 | $19,821 | $32,483 | 9.5 years |
10 kW | $3.47 | $24,290 | $41,090 | 9.3 years |
12 kW | $3.40 | $28,565 | $49,891 | 9.1 years |
14 kW | $3.33 | $32,646 | $58,886 | 8.9 years |
16 kW | $3.26 | $36,532 | $68,076 | 8.7 years |
18 kW | $3.19 | $40,224 | $77,459 | 8.5 years |
20 kW | $3.12 | $43,722 | $87,038 | 8.4 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you select the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: The model of solar panel you need plays a part in which company you should go with, since different companies offer different panels.
- Warranty: If you care about the durability of your solar system, checking if your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Reputation: Solar installers that have great reviews from their customers and that have been in business for many years likely provide good-quality solar panel installation and expertise.
- Contract: Review the contract terms carefully to make sure you understand the cost breakdown, project timeline rebates and warranties.
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 Montclair, CA Solar Cost FAQs
What is the average cost of installing solar panels in Montclair?
The average cost of solar panels in Montclair 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 stuff such as the model of solar panels you want, what size system you need and how much energy you consume.
Is it better to lease or buy solar panels in Montclair?
Leasing solar panels can be an option if you can’t afford to pay upfront or get a solar loan, but since you don’t own the system, you can’t take advantage of many solar incentives. Also your home 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 bang for your buck from going solar.
How will solar panels impact the value of my home?
Solar panels can increase your property’s value 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% with a solar installation."
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.