Solar Panels Orange County 2024: Is It Worth Your Money?
California is the top state for harnessing solar energy in the country. Even better, the costs of rooftop solar panels and backup storage systems have seen a substantial drop in California. This means there’s never been a perfect time to partner with a local Orange County solar company like Solar Earth INC.
Switching to solar power is an innovative and cost-effective choice to protect your home during power outages, lower your energy bills, and positively impact reducing your carbon footprint.
Are solar panels worth it in Orange County, CA?
Absolutely! Solar panels are worth it in Orange County, CA; significant benefits are a wise investment in most regions. However, several factors, such as electricity costs, available incentives, climate conditions, and sun exposure angles, can affect how quickly you see a return on your investment compared to other areas.
Over 20 years, you can anticipate savings of $62,109 by installing an average-sized solar system, assuming you make an upfront cash payment. Alternatively, if you choose to finance your system with a $0-down loan, you can enjoy savings right from day one in Orange County, CA, although your long-term savings may be slightly lower.
How much will solar panels cost in Orange County, CA 2023?
As of September 2023, the solar panels in Orange County, CA, have averaged around $2.88 per watt (W). For a 5-kilowatt (kW) solar panel system, the typical installation cost in Orange County, CA, usually falls from $12,240 to $16,560. On average, people in the region pay around $14,400 for solar installations.
Remember that after factoring in the 30% federal investment tax credit (ITC) and various state and local solar incentives, the final cost you’ll pay for your solar setup can be significantly reduced by several thousand dollars.
You can install small solar panels that use basic technology at the low end. These panels typically cost around $5,000 and produce around 100 watts. If you’re looking for a more affordable option, you can purchase larger solar panels that use more advanced technology. These panels typically cost between $10,000 and $12,500 and will produce around 300 watts of electricity.
If you want to save even more money, you can buy solar-powered systems that don’t require installation. These systems can be installed on roofs or garages and typically cost between $6,000 and $8,000.
Orange County Solar Installation and Financing options
Solar financing companies offer solar loans with zero-down. These are the the quickest and best ways to pay for your solar system and get things done fast
The simplest way to get a solar loan is usually through local solar installation companies like Solar Earth Inc, which offer you loans quickly and with low interest rates.
If you are looking for a solar installation in Orange County, look no further than one the best solar panel company in California. Solar Earth provides all types of residential solar panels, commercial solar panels and automated solar tracking systems according to your needs and has affordable prices.
What factors contribute to the pricing of solar panels in Orange County, CA?
Here are key factors influence the cost of solar panels:
System Size
The size of your solar panel system plays a significant role in determining its cost. In most cases, larger systems cost more money. Notably, the per-unit price for solar panels typically decreases as the system size increases.
Panel Brand and Quality
The quality of solar panels can vary widely, often depending on the brand you choose. Higher-quality panels usually come at a higher cost but may offer better performance and durability.
Panel Type
The type of solar panel you pick, like monocrystalline, polycrystalline, or thin film, has a significant impact on how good your solar setup will be. Usually, the better-quality panel types cost more money.
Roof Complexity
The equipment doesn’t solely determine the cost of a solar panel installation. The complexity of your roof can impact installation costs. If your roof has unique challenges, such as an intricate design or difficult access, your solar system may cost more to install.
Installation Company
Solar companies don’t charge the same for their work. You can pay more for a well-known company with good reviews and a quicker installation time. This choice can impact how much your solar project will cost in total.
Permitting and Interconnection
While not a significant cost driver, obtaining permits and paying the interconnection fee to connect your system to the grid will add a modest amount to the total price of your solar installation.
These factors collectively contribute to the final cost of solar panels for your Orange County, CA, project.
Final Thoughts
Are you thinking about generating clean energy in Orange County? That’s a wise choice because you won’t have to rely on those not-so-great fossil fuels. Instead, you’ll be part of building a modern, robust energy system that runs on clean power from California—excited to bring solar and energy storage to your home? We’ve got you covered! You can try our Product Selector tool or request a free quote, and our friendly Solar Advisors will give you all the help you need. Together, we can ensure California stays green and lively for generations.
FAQs
How much are solar panels in Orange County, CA?
As of September 2023, the average cost of solar panels in Orange County, CA is around $2.88 per watt (W). For a 5-kilowatt (kW) solar panel system, you can expect the total cost to range from $12,240 to $16,560, with the typical price averaging at $14,400.
What incentives can I get for solar in Orange County, CA?
When you go solar in Orange County, CA, you’re eligible for the minimum 30% solar tax credit. Additionally, there are various local incentives, tax credits, and rebates available that can further reduce the overall cost of your solar installation.
What are my options for financing solar panels?
There are three primary ways to pay for solar: cash purchase, solar loan, or solar lease/power purchase agreement. While a cash purchase often leads to the most long-term savings, solar loans and leases are great choices that typically require minimal upfront costs, and sometimes you can get started with $0-down loans!