Sacramento's Solar Panel Costs

The state capital of California, aka, Sacramento, is the best city in the United States.  Just trust me.  Now, as far as temperature is concerned, it is not the coolest.  But, if you are looking to go solar in Sacramento, then this is the place to get it done.  Now, let's examine how much it would cost you to utilize the significant savings on solar panels you might experience in a city that has a lot of sunshine.   Of course, real life situations vary all the time so that we will be picking hypothetical situations and using averages.

For example, let's assume the average monthly electric bill for the year is approximately $200. It is more pricey in the summer and drops significantly in the winter, thanks to Northern California’s moderate winter weather. The family does not have a heated pool or a jacuzzi, but they do have a video game room that runs 15 versions of frogger all day long. If we utilize the HahaSmart Price Checker tool, we can enter the address and the typical monthly energy bill. Once we insert the information, it delivers some great useful data.
 

Costs For Solar

The site advocates a 7.2MW solar panel system, and it gives an analysis of the expense of the system and all the permits required. First, you will need the permission of the design and a permit to build the solar system. That engineer and permitting process would fetch $798. Then you require to purchase all the equipment, the solar panels, the power inverters, the rack mounts for the panels, and other miscellaneous items. This produces the whole amount to about $7,981 with a sales tax of approximately $738 yielding the total to $9,517 in equipment and permitting.
 

Solar Installation

Now installation expenses can fluctuate substantially, however here at HahaSmart, we gathered data from 2296 different installers, and we can say the expense span is from $5,720 to $8,222 to install the solar panels. If we average the two amounts, we get $6,971 as an average installation expense. It is essential to shop around for the best installer for your requirements. Some of the less costly ones are not necessarily the best ones.
 

Federal Tax Credit 

So if we calculate the sum of $9,517 and $6,971 we get $16,488 before local, state, and federal tax incentive plans. Because programs vary in every state, we are only utilizing the 30 percent federal tax credit. After we factor in the tax credit, the net expense of buying and installing a domestic solar panel system in the Sacramento area is approximately $11,542.
 

Break Even On Solar Panels 

If one takes into reckoning of their past monthly bill average of $200, and at least a 20 year lifespan on these solar panels and the expense of the whole system, it is estimated that the homeowner would be able to break even on  these solar panels in approximately 4.5 years, with a payback valuation of about 22 percent each year. After that, the savings increase remarkably.

Just make sure, and promise us here at HahaSmart you will have a look at what we can offer you on the cost of solar panels and cost of solar installations. We will strive to find you the best prices available. Follow the solar experts. Try our price checker tool. It tells you how much solar power you need and how much you can save on your energy bills each month.

Please visit our solar blog to find out more about the benefits of going solar.