Solar power in Canyon Country, California
Canyon Country residents and business owners can benefit from Southern California Edison's full 1 for 1 net metering program. Net metering requires your utility to only bill you for the amount of energy drawn from the grid minus excess solar exported to the grid at a 1kWh for 1kWh rate. Usually the home will generate more energy than is drawn and this excess is credited per kWh at the retail power price. Credit can be carried forward for future bills up to 12 months later or you can ask SCE to write you a check. Sadly with the new NEM-2 net metering rules new solar customers with an Investor owned utility (almost all people) must switch to time of use billing hurting net metering returns. Luckily this loss is only about 10% and with solar power becoming cheaper alongside solar producing a lot more energy in southern California compared to most places the small loss is more than made up for.
There is also the 30% federal solar tax credit allowing participants to claim 30% of the total system cost as a tax deduction. This incentive can be spread over many tax periods and there is no size cap to receive the full 30%. With incentives the way they are don't wait to get solar since utilities and many legislatures are trying to kill off these incentives.
Even if you are not convinced about solar we recommend that at the very least you use the solar panel calculator for Canyon Country to find out:
- How many solar panels you need to cover your power bill;
- How suitable your house is for solar;
- What incentives your house may be eligible for;
- The cost of solar panel installation in Canyon Country and whether you are eligible for zero down solar deals; and
- Your likely payback period and return on investment from installing solar
Estimate your solar savings
The average cost of installing residential solar panels in Canyon Country, California in 2020 is $2.72 per watt. The average system size in the US is 6 kilowatts, which means the average price of a solar system in Canyon Country, CA is $13,600. (before claiming 26% tax credit and other rebates)
What does the cost of a real solar system look like?
Facts about installing a 3.08kW solar system in Canyon Country, CA
This system would offset 100% of your energy usage if your typical monthly bill is $71, however your situation may vary so try our Canyon Country solar calculator to get a result tailored to you.
Net cost of system
Cash - after 26% solar tax credit
6 Years 9 Months
Average payback time
Annual power production
levilized cost of solar energy
If you don't get solar
The forecast average utility price over the next 25 years
Cash flow graph based on cash purchase of this 3.08kW system
Life-time savings on this system over the next 25 years
(Prices shown after repayments of capital)
Solar companies in Canyon Country, CA that provide pricing through the Solar-Estimate marketplace
Average total cost of solar panel installation in California
|System Size||Cash purchase
After 26% solar tax credit
After 26% solar tax credit
Going solar in California
Check out all of the ways energy providers of California can help you be more energy efficient and save money.
The following programs are available:
|Residential Renewable Energy Tax Credit||Federal||Personal Tax Credit|
|Property Tax Exclusion for Solar Energy Systems||State||Property Tax Incentive|
|Sonoma County - Energy Independence Program||Local||PACE Financing|
|NEM 2.0||State||Net Metering|
|LADWP - Solar Incentive Program||Utility||Rebate Program|
Please keep in mind that the best source of up-to-date information on incentives are the solar installers who specialize in your area.