Solar Panel Cost Guide in Tiburon, CA (2024 Update)
- Tiburon Solar Installation Cost: $7,653
- 25-Year Savings: $20,310
- Payback Period: 7.3 Years
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Average Cost of Solar Panels in Tiburon
We go over average solar pricing in Tiburon.
The national average cost of solar panels is $2.66 per watt, but in Tiburon it’s 3 per watt.Since a 3.2-kW system is needed to cover the energy costs of a typical home in Tiburon, the average price of going solar will be about $7,653 after claiming the federal solar tax credit of 0.
The prices above are just estimates to give you an idea of the cost of solar panels. The true cost of going solar can vary quite a bit depending on a few factors, such as what size system you need, your energy usage and what installation company you go with.Many homeowners find going solar is a rewarding investment. The average homeowner in Tiburon can save around $32,000 on their energy bills over 20 years.
You can click the button below to get connected with a top solar installer in Tiburon that can help you get a more accurate cost estimate for your home.
Solar savings over time in Tiburon
Year | Return on Investment |
---|---|
1 years | $-6,115 |
3 years | $-3,039 |
5 years | $37 |
7 years | $3,113 |
9 years | $6,188 |
11 years | $9,264 |
13 years | $12,340 |
15 years | $15,416 |
17 years | $18,492 |
19 years | $21,567 |
21 years | $24,643 |
23 years | $27,719 |
25 years | $30,795 |
Top Solar Installers in Tiburon
Although it's possible to install solar panels by yourself, it involves extra time and know-how. For that reason, the majority of homeowners choose to hire a solar panel installer. Another good thing about choosing a top solar installer is that it'll usually provide warranties and free repairs, which help protect your solar system over time.
If you're on the hunt for a solar installer in Tiburon, the EcoWatch team has organized 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 Tiburon
Factors that Affect Solar Panel Costs in Tiburon
Even though the average cost of a solar system in Tiburon is $7,653, your final cost may be higher or lower than that. There are several factors that can have a sizable impact on the cost of a solar system installation. Below are some of the more important things to keep in mind.
Solar Equipment
The size of the solar panel system you need for your household, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $3,470. The solar equipment you choose can bring your price up or down 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 energy bills. Additionally, add-on products, such as solar batteries, can bring your total well above the Tiburon average.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be a challenge. Solar loans are offered by most installers in Tiburon, which can bring down, or in some cases eliminate, your upfront costs to make solar more accessible.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 more than the original cost. Making a larger down payment or securing a solar loan with a low interest rate could reduce your costs remarkably.
Solar Panel Installation Company
The solar company you hire to handle your switch to renewable energy can play a part in your total costs. There are about 3 solar panel companies in Tiburon, and each can charge different amounts for labor and equipment.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 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 | $34,988 | 7.6 years |
8 kW | $3.54 | $19,821 | $47,039 | 7.4 years |
10 kW | $3.47 | $24,290 | $59,285 | 7.3 years |
12 kW | $3.40 | $28,565 | $71,724 | 7.1 years |
14 kW | $3.33 | $32,646 | $84,359 | 7.0 years |
16 kW | $3.26 | $36,532 | $97,187 | 6.8 years |
18 kW | $3.19 | $40,224 | $110,210 | 6.7 years |
20 kW | $3.12 | $43,722 | $123,427 | 6.5 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because selecting a company can be a tough decision, we have some tips to help you, such as:
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the project timeline.
- Warranty: If you’re concerned about the endurance of your solar panel system, ensuring your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Solar Panel Brands: Not all solar companies have the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you choose.
- Contract: Review the contract terms thoroughly to make sure you understand how much it will cost, project timeline incentives 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 Tiburon, CA Solar Cost FAQs
How much does it cost to install solar panels in Tiburon?
This is a difficult question to answer precisely, 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. It will be more expensive if you want extra solar equipment or more efficient panels, or if you have above-average energy usage. On the other hand, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
Is cost the most important thing to consider when buying solar panels?
The upfront cost is a crucial factor to consider, but whether it’s the most important for you depends on why you decided to go solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.
Is making the switch to solar worth it?
Whether or not solar panels are worth it depends on some different factors like local electricity rates and the amount of direct sunlight your roof gets.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you should find out how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.
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.