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Best 5 Solar Companies in Thousand Oaks, CA
The best solar company in Thousand Oaks is SunPower by Sun Solar-OC.
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- Updated 2024-04-18 00:00:00
The Thousand Oaks community is purposeful about protecting the environment and practicing eco-friendly lifestyles. That's why many homeowners are purchasing panels from the best solar companies for their homes. With all the options to choose from in this vibrant community, you might feel burnt out searching for a top-notch installer. Discover Thousand Oaks' best solar companies and learn important decision-making strategies on this page.
5 Best Solar Companies in Thousand Oaks
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.
KOTA Energy Group
Ratings are based on our detailed proprietary methodology and review standards.
Imperial Solar
Ratings are based on our detailed proprietary methodology and review standards.
Imperium Energy
Ratings are based on our detailed proprietary methodology and review standards.
Sasha International Solar
Ratings are based on our detailed proprietary methodology and review standards.
Ranking Methodology
We evaluated dozens of Thousand Oaks solar providers, using the following criteria to choose the superior:
- Educational programs and business model: Solar technicians must be good teachers. They should utilize their years of experience address your questions on how to maintain your system and optimize its performance.
- Warranty and service offerings: Solar companies should stand behind their equipment and services with warranties. We evaluated how each company responds to issues and warranty claims, focusing on promptness and customer satisfaction.
- Panel brands and quality: The best solar companies keep up with new technology, offering equipment from reliable, innovative manufacturers.
- Customer feedback and reviews: Most Thousand Oaks solar companies have both favorable and unfavorable reviews. However, a good review ratio indicates a company's reliability and responsiveness to issues.
- Professional licenses 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 Thousand Oaks community for a decade or longer.
Facts about Thousand Oaks
- Average Max Temperature:71°F
- Solar Payback Period:9 years
- Average Daily Sunlight:72%
- Homes Powered by Solar:23,321
- Average Annual Energy Bill:$1,185
- Solar Power per Capita:94.7%
Benefits of Solar Energy
Solar energy has several advantages that will enhance your home for years to come.
- Better energy independence: Photovoltaic solar panel systems with energy storage systems function through power outages and emergencies, and you won't have to rely on the power grid for your safety and well-being.
- Lowered energy bills: You can skip the added cost of grid-tied power by generating some electricity right where you use it. Plus, many states provide net metering which can allow you to sell your unused energy back to help pay for your energy bill.
- Reduced carbon footprint: Using clean solar power reduces your dependence on conventional, less environmentally-friendly sources.
What Solar Incentives Are Available to Thousand Oaks Homeowners?
California agencies and electric companies offer a number of solar incentives to help offset your solar system costs. Here's a breakdown of available solar programs where you live.
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 Thousand Oaks
The cost and efficacy of solar panels often depend on the provider that mounted them. Make your choice based on the following important considerations.
Licensing and Training
California requires solar companies to hold licenses for each type of equipment they install, which can include solar boilers, pool heaters, HVAC, water heaters, and photovoltaic (PV) systems. Contractors must complete a highly comprehensive educational series, gain four years of field experience, and pass written exams to earn a license. Check for private accreditations from the North American Board of Certified Energy Practitioners (NABCEP), among the solar sector's most credible trade groups. Its program includes certifications for both solar photovoltaic and water heating installers.
Cost of Solar Panels in Thousand Oaks
The kind of solar panels you select dictates how much electricity 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 meant for large home installations, but they're excellent for small projects like sheds and RVs.
You can also add battery backups and electric vehicle (EV) chargers. These will increase your total installation cost, but they can boost your solar system's efficiency. Not all solar contractors offer these extras, so look for a contractor that sells 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 Thousand Oaks. Check the table in this section to get an idea of how much Thousand Oaks solar companies might quote for your specific solar system's price.
Solar Panel Cost | Average Cost |
---|---|
Solar Monocrystalline | $1,165.36 |
Solar Polycrystalline | $908.98 |
Thin-Film | $531.40 |
Solar Battery | $745.83 |
Solar Home EV Charger | $2,796.86 |
Financing Solar Energy in Thousand Oaks
Solar installers use multiple different financing options to increase your savings and lower your costs. Though some providers offer unique payment plans, the most common are cash payments, solar leases, power purchase agreements (PPAs) and solar loans. 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. Much like a car or home loan, you'll pay a set monthly rate with as little as $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, similar to an electric bill. We usually don’t recommend these two choices because you won't own the panels and are disqualified from using solar incentives. We advise working with a contractor that offers multiple financing options. Speak with each agent about what's available, and secure more than one estimate for the best odds of staying within your budget.
The table below lists the average payback periods for different capacities of solar systems in Thousand Oaks.
You are eligible for a 26% federal solar tax credit for new solar energy equipment until the year 2032. Municipal and state governments and utility companies might also offer discounts, rebates, and specialized financing options that could save you 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 Thousand Oaks
On average, Thousand Oaks homeowners pay around $1,185 per year on energy bills. Once you pay off your solar array, you could save $1,310.51 per kilowatt you produce.
Yes, solar energy is readily available in Thousand Oaks. A growing number of local homes generate or access solar power on-site or through utility grids, and California has about 74255 jobs making up its solar economy.
Yes, new solar systems lead to 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 boost your property value by $12,000.
One common way to find your home's solar viability is by using PVWatts. This powerful free tool considers tree cover, local weather and topography, panel efficiency, and system size to determine how much power your array could generate. However, it's not a substitute for consulting with a solar expert, who can build a full estimate with the most updated data.
There's no universal answer for how long a solar project might take. Ultimately, it depends on local weather, system size, the permitting and inspection process, the necessary prework, and panel style. Most homeowners can be solar-ready within two months from their initial estimate visit.
Most Thousand Oaks homeowners pay back a solar loan in 9.3 years. You can shorten the payback period by paying off extra loan principal each month.
The main differences between a power purchase agreement and traditional financing are that you pay a fluctuating monthly rate based on your energy usage and don't own your system. Your service provider installs and maintains the panels, and you pay for the generated electricity for 10–25 years. Afterward, you can extend the agreement or buy the system.
You might look into a PPA if you don’t want to be responsible for maintaining your panels and don’t want to invest in a system, but keep in mind you won’t be paying toward ownership or be able to access any cost-saving solar incentives. Many solar experts don’t recommend PPAs. Our guide covers other financing options above.
Sources
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