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Best 5 Solar Companies in Rancho Santa Margarita, CA
The best solar company in Rancho Santa Margarita is SunPower by Sun Solar-OC.
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- Updated 2024-04-18 00:00:00
Rancho Santa Margarita residents are intentional about protecting the environment and practicing eco-friendly lifestyles. That's why many people are purchasing panels from the top solar installers for their homes. 8,783 homes in the area already employ a solar photovoltaic or water heating system. Certified installers will therefore have the precise experience you need to join the solar bandwagon with confidence. In this article, we'll highlight Rancho Santa Margarita's best solar installers and offer suggestions for your company choice, so you can find the right one for your household.
5 Best Solar Companies in Rancho Santa Margarita
Brands are algorithmically curated from a database of local service providers near you. We require a minimum number of Google reviews and average ratings for provider inclusion.
SunPower by Sun Solar-OC
Ratings are based on our detailed proprietary methodology and review standards.
Precis Solar
Ratings are based on our detailed proprietary methodology and review standards.
SunPower by True Power Solar
Ratings are based on our detailed proprietary methodology and review standards.
SunPower by Sea Bright Solar
Ratings are based on our detailed proprietary methodology and review standards.
SYNRG Solar - Home Energy Solutions
Ratings are based on our detailed proprietary methodology and review standards.
Ranking Methodology
Our team has researched dozens of solar contractors near Rancho Santa Margarita, focusing on the following criteria:
- Service offerings and warranties: Solar installers should stand behind their products and services with warranties. We evaluated how each installer responds to issues and warranty claims, focusing on promptness and customer happiness.
- Educational approach: Solar technicians must be good teachers. They should use their years of experience address your questions on how to care for your system and optimize its performance.
- Feedback and reviews from customers: Most Rancho Santa Margarita solar companies have both favorable and unfavorable reviews. However, a good review ratio reflects a company's dependability and responsiveness to issues.
- Certifications and credentials: Each company on our list complies with state and city licensing requirements and stays up to date with industry best practices. Many of them have been a part of the Rancho Santa Margarita community for more than a decade.
- Panel quality and brand offerings: The premier solar companies keep up with new technology, providing equipment from cutting-edge and trustworthy manufacturers.
Facts about Rancho Santa Margarita
- Average Max Temperature:70°F
- Solar Payback Period:9 years
- Average Daily Sunlight:71%
- Homes Powered by Solar:8,783
- Average Annual Energy Bill:$1,501
- Solar Power per Capita:92.4%
Benefits of Solar Energy
Solar energy provides numerous advantages that will enhance your home for years to come.
- Better energy independence: Solar panel systems with battery backups and storage systems function through power outages and emergencies, and you won't have to depend on the power grid for your safety and well-being.
- Reduced energy costs: Generating some or all of your own power will cut power costs long-term. Plus, some states provide net metering programs that make it possible for you to sell your surplus energy back to the grid, generating additional credits toward your energy bill.
- Reduced carbon footprint: Solar is the universe's most abundant clean energy source, meaning you can minimize or conquer your home's dependence on "traditional" sources.
What Solar Incentives Are Available to Rancho Santa Margarita Homeowners?
Governments and power companies often incentivize homeowners for embracing solar. Here are some of the tax credits, rebates, or other programs you could qualify for.
Incentive Type:Property Tax Incentive
Website:http://www.boe.ca.gov/proptaxes/active-solar-energy-system.htm#Description
Incentive Amount:
100% of system value; 75% of system value exemption for dual-use equipment
Incentive Type:PACE Financing
Website:https://wrcog.us/DocumentCenter/View/4469/CPP-V2-2018-FINAL
Incentive Amount:
Eligible products can be financed for up to 25 years, depending on the useful life of the eligible product.
Minimum financing: $5,000
The financing may not exceed fifteen percent (15%) of the market value of the property, up to the first seven hundred thousand dollars ($700,000) of the property’s market value, and ten percent (10%) of the remaining value of the Property above seven hundred thousand dollars ($700,000) minus any PACE assessment on the propertyThe total amount of any annual property taxes and assessments shall not exceed five percent (5%) of the property's fair market value, determined at the time program financing is approved.
Incentive Type:PACE Financing
Incentive Amount:
Locally determined
Incentive Type:Rebate Program
Website:https://www.selfgenca.com/
Incentive Amount:
For projects 30 kW or larger, 50% of incentive will be received up-front; 50% will be received based on actual kWh production over the first 5 years. For projects under 30kW, 100% of the incentive will be paid up front.
Incentives will step down over time. See below for incentive amounts.
Incentive Type:Feed-in Tariff
Incentive Type:Feed-in Tariff
Website:https://www.ladwp.com/fit
Incentive Amount:
$0.17/kWh adjusted by a time of delivery multiplier
Base price will step down over time as certain MW goals are met
Incentive Type:Rebate Program
Website:http://www.gosolarcalifornia.ca.gov/solarwater/index.php
Incentive Amount:
Step 1 Incentive Rates (contact utility to determine current incentive levels):
Single Family Residential Incentives:
Systems that displace natural gas: $29.85 per estimated therm displaced
Systems that displace electricity or propane: Funding has been exhausted
Commercial/Multifamily Incentives:
Systems that displace natural gas: $20.19 per estimated therm displaced
Systems that displace electricity or propane: $0.42 per estimated kWh displaced *** Note, funding has been exhausted in this category for SCE and PG&E
Solar Pool heating: $5.00 per estimated therm displaced
Incentive Type:Personal Tax Credit
Website:https://www.ecowatch.com/solar/ev-appliance-solar-tax-credit-calculator
Incentive Amount:
30% federal tax credit for systems placed in service after 12/31/2021 and before 01/01/2033. Good for: solar water heat, solar photovoltaics, biomass, geothermal heat pumps, wind (small), fuel cells using renewable fuels.
How To Choose the Best Solar Company in Rancho Santa Margarita
Choosing a company is the first step toward a well-oiled and cost-efficient solar energy system. Here are some essential aspects to keep in mind while shopping for a solar provider.
Licensing and Training
California requires solar companies to hold licenses for each type of equipment they install, which can include solar water heaters, HVAC, photovoltaic (PV) systems, boilers, and pool heaters. Contractors must complete a highly comprehensive educational series, gain four years of field experience, and pass written exams to earn licensure. Solar companies can also earn certifications from trade groups and standards organizations. The most respected ones in the industry come from the North American Board of Certified Energy Practitioners. Most company websites will prominently display earned credentials, but you should also ask your estimator for more information.
Cost of Solar Panels in Rancho Santa Margarita
The type of solar panels you choose dictates how much power you can generate. Monocrystalline panels and high-quality and give you the best performance but cost more upfront. Polycrystalline panels produce less power, but they're worth it if you want a traditional panel style without the high cost. Thin-film panels aren't recommended for large residential installations, but they are ideal for small projects like converting RVs and sheds.
You can also add electric vehicle (EV) chargers and battery backup systems. These will increase your total installation cost, but they can enhance your solar system's performance. Not every solar company offers these add-ons, so look for a contractor that installs them if it's crucial for you.
You can plan to spend about $17,350 on average for a five-kilowatt solar energy system in Rancho Santa Margarita. Check the table in this section to get an idea of the amount Rancho Santa Margarita solar companies might quote for your specific solar system's price.
Solar Panel Cost | Average Cost |
---|---|
Solar Monocrystalline | $1,235.00 |
Solar Polycrystalline | $963.30 |
Thin-Film | $563.16 |
Solar Battery | $790.40 |
Solar Home EV Charger | $2,964.00 |
Financing Solar Energy in Rancho Santa Margarita
There are numerous ways to pay for a new solar system, and the right one will reduce your expenses. A few of the most common options include loans, cash payments, power purchase agreements (PPAs), and leases. Most solar experts recommend a cash payment or using a solar loan. Cash payments require a large up-front sum, but they save you from paying interest, grant you system ownership, and qualify you for cost-saving solar incentives. Solar loans have the same benefits, though you'll pay more in total due to interest and fees. Like a car or home loan, you'll pay a set monthly rate with potentially $0 down. Solar leases involve paying a set monthly rate to use rooftop panels. A PPA (Power Purchase Agreement) lets you pay a monthly rate based only on the energy you use, like an electric bill. We generally don’t recommend these two choices because you won't own the system and cannot use solar incentives. Ask each business you're vetting about the payment plans it offers. A salesperson can help you determine the optimal option for your budget.
The table below lists the average payback periods for different capacities of solar systems in Rancho Santa Margarita.
You can claim a 26% federal solar tax credit from the IRS for new residential solar systems purchased before 2032. Additionally, utilities and local governments may have their own financing plans and rebates that could reduce your total cost even more.
Solar System Capacity | Estimated Payback period |
---|---|
1 kW | 1.4 years |
2 kW | 2.7 years |
5 kW | 6.8 years |
10 kW | 13.7 years |
Frequently Asked Questions about Solar in Rancho Santa Margarita
On average, Rancho Santa Margarita homeowners spend roughly $1,501 per year for energy. Once you pay off your solar array, you could reduce your costs by $1,428.42 for every kilowatt you produce.
Yes, solar energy is readily available in Rancho Santa Margarita. A growing number of local homes are already using solar power on-site or through utility grids, and California has about 74255 jobs comprising its solar economy.
Yes, new solar systems mean higher property values according to the National Renewable Energy Laboratory (NREL.) Homeowners could project a $20 property value increase for each dollar they save on energy. Therefore, $600 in energy savings could increase your home's value by $12,000.
One common way to find your home's solar viability is by using PVWatts. This free, powerful tool considers panel efficiency, tree cover, system size, and local weather and topography to determine how much electricity your array could generate. However, it's not a substitute for consulting with a solar energy professional, who can create a full estimate with the most updated data.
Modern solar systems are designed for durability. The average panel is good for 25 years of service. Cheaper panels tend to last shorter than higher-quality models.
There's no universal answer for how long a solar project might take. Ultimately, it depends on panel style, system size, the necessary prework, the permitting and inspection process, and local weather. Most homeowners can be solar-ready within two months from their initial estimate visit.
To enhance your solar system's performance, you can implement the following strategies:
- optimize the panels' position with your solar installer
- regularly clean your solar panels
- upgrade to a more efficient inverter trim or cut down trees in the way of your panels
- use energy-efficient appliances
Yes, we advise obtaining free solar quotes from three to five companies. You should thoroughly read each quote and compare labor fees, equipment costs, financing options, prework scope and costs and warranty details. Ensure each quote presents an itemized financial plan and includes your projected payback period.
Sources
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