Cost of solar in Chino, CA

Electricity Consumption in Chino

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.

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Solar power in Chino, California

Under service from SCE solar customers here are eligible for a net metering program. Under net metering utilities track how much your solar system exports to the grid and how much your home draws from the grid. The power exported is subtracted by the power drawn and that is your bill however, in sunny Chino this is usually the opposite as when more power is exported each kWh is then credited at the retail rate. You can receive this as a credit to future bills for the next year or SCE can write you a check the choice is yours. The new NEM-2 rules do require new solar customers to switch to time of use billing reducing returns but only by about 10% and with solar becoming cheaper and such excellent sunshine in Chino solar is still a great investment. There is also the 30% federal solar tax credit with no limit on system size, you get 30% no matter what. This tax credit can be extended over many years. These incentives are too good to pass up and utilities are trying to kill them off as hard as they can so don't wait too long!

Even if you are not convinced about solar we recommend that at the very least you use the solar panel calculator for Chino to find out:

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Solar power in California

The average cost of installing residential solar panels in Chino, 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 Chino, 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 7.17kW solar system in Chino, CA

This system would offset 100% of your energy usage if your typical monthly bill is $219, however your situation may vary so try our Chino solar calculator to get a result tailored to you.

$14,113

Net cost of system
Cash - after 26% solar tax credit

4 Years 10 Months

Average payback time

11,042
kWh

Annual power production


/kWh

levilized cost of solar energy

42¢
/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 7.17kW system

Life-time savings on this system over the next 25 years

$96,610

(Prices shown after repayments of capital)

 


 

Solar companies in Chino, CA that provide pricing through the Solar-Estimate marketplace

190

 


Solar calculator and quote comparison tool

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

Please keep in mind that the best source of up-to-date information on incentives are the solar installers who specialize in your area.