Cost of solar in Chatsworth, CA
Electricity Consumption in Chatsworth
Electricity Consumption by California residents averages 573 kWh per month. It ranks #2 in the nation for savings from installing solar panels on the home.
Find local city information
Solar power in Chatsworth, California
Net metering is provided by both LADWP and SC. Net metering credits surplus solar energy exported to the grid at 1 for 1 with energy drawn at a later time. If in a given month more power is sent to the grid than consumed credit is given in the form of reducing the cost of future bills within the same 12 month billing cycle. At the end of the 12 months if credit still remains your utility will deposit the money into your account. With SCE you will have to switch to time of use billing reducing the returns by about 10% however, with equipment becoming cheaper and great sunshine solar is still a great investment.
LADWP offer a $250 per kW and $300 per kW for commercial rebate program to their
customers. After subtracting rebates 30% of the total system cost can be claimed as a deduction to federal taxes over however many years you wish. The federal solar tax credit also has no size limit always covering 30%. With incentives this great although better with LADWP solar is a must have home investment and be sure to get in soon since the rebate program is nearly out of funding!
Even if you are not convinced about solar we recommend that at the very least you use the solar panel calculator for Chatsworth 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 Chatsworth 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 Chatsworth, 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 Chatsworth, 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 11.08kW solar system in Chatsworth, CA
This system would offset 100% of your energy usage if your typical monthly bill is $255, however your situation may vary so try our Chatsworth solar calculator to get a result tailored to you.
$20,498
Net cost of system
Cash - after 26% solar tax credit
5 Years 11 Months
Average payback time
16,813
kWh
Annual power production
5¢
/kWh
levilized cost of solar energy
32¢
/kWh
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 11.08kW system
Life-time savings on this system over the next 25 years
$106,580
(Prices shown after repayments of capital)
Solar companies in Chatsworth, CA that provide pricing through the Solar-Estimate marketplace
288
Average total cost of solar panel installation in California
| System Size | Cash purchase After 26% solar tax credit |
Financed purchase After 26% solar tax credit |
|---|---|---|
| 3kw | $6,416 | $6,929 |
| 4kw | $8,377 | $9,047 |
| 5kw | $10,286 | $11,109 |
| 6kw | $12,077 | $13,043 |
| 7kw | $13,831 | $14,937 |
| 8kw | $15,451 | $16,687 |
| 9kw | $17,050 | $18,414 |
| 10kw | $18,500 | $19,980 |
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:
| Incentive Name | Eligibility | Type |
|---|---|---|
| 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.