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How much do solar panels cost in California?
The average cost of solar panels in California is $15,500. California solar panel installation costs ranged from $13,218 to $17,882 in 2018-2019 according to EnergySage. This estimated solar panel installation cost is before deducting Federal and California solar tax credits and incentives.
Are solar panels worth it in California?
Yes, solar panels are absolutely worth it in California, and installing them is a great investment. Solar Panels can save the average California a ton of money! Plus, you can deduct 30% of the cost of solar panel installation right away due to the Federal solar investment tax credit (ITC). And, California’s solar tax credit ($.95 per watt or $500) will make the cost of residential solar installation even cheaper.
Choosing to install solar panels in California can increase your home value by 2-3%. Plus, with most of the cost of solar being covered by the Federal ITC and California solar tax credit, it’s a no-brainer to go solar in CA.
How much do solar panels save in California?
Wondering how much money solar panels save in Cali? Solar Panels can save the average California homeowner an average of $56,203 in electricity savings over 25 years depending on several factors. EnergySage suggest homeowners will save $31,307, while Solar-Estimate states you can save upwards of $81,100 by installing solar panels in California.
Do solar panels increase my home value in California?
Yes, solar panels can increase your home value in California by up to 2%-3%. According to Berkeley Lab, in partnership with appraisers, universities, and Sandia National Laboratories found that home buyers are willing to pay more for homes with Solar Panels. On average, home buyers are willing to pay about $4 per watt of Solar installed. The study included various states and PV markets, housing, and home types.
This means home buyers are willing to pay $15,000 more for a home that has solar installed on top of it. For example: at $4 per watt, if you have a home with a 5kW (5000 watts) solar system installed on it, that value is around $20,000 ($4 per watt x 5000 watts = $20,000). So, with the average cost of a solar 5kW system in Arizona being around $14,700; your solar panels literally pay for themselves home value!
Co-author Sandra Adomatis noted, “Our findings should provide greater confidence that PV adds a quantifiable premium to a wide variety of homes in California and beyond.”
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Alternative Energy is one of the top solar companies in California providing professional solar panel installation, off-grid solar systems, residential solar panels, solar batteries for home & business, solar air conditioning, solar carports & canopies, commercial solar panels, solar EV charging stations, solar panel repair, solar panel removal and reinstall, and other very effective energy saving products & services.
Our solar company offers the most affordable solar installation prices starting at $78 per month and No money down. We offer some of the best solar deals. Get your free solar estimate today. Our solar energy service area includes Maricopa County, Pinal County, Pima County, Yuma County, Yavapai County, Coconino County, Mohave County, Cochise County, Apache County, and all others.