Solar power in Chino, California
Under service from SCE solar customers here are eligible for a net metering program.
There is also the federal solar tax credit with no limit on system size, you get 26% bacl in 2020, 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!
Net Metering Broken Down
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%. With solar becoming cheaper and such excellent sunshine in Chino, solar is still a great investment.
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
(after claiming 26% tax credit and other rebates)
The 26% federal solar tax credit explained
If you have a federal income tax liability, 26% of the cost of your solar system can be claimed as a deduction to your taxes. This incentive is claimed when you do your taxes. In order to receive the tax credit quicker it's best to do your taxes as soon as possible after installation.What if my tax liability is less than 26% of my systems cost
There is the option to claim this incentive over several years if your tax liability is less than 26% of the system cost.
How much will solar panels on my home save me?
The answer to this question depends on your electricity usage. Generally speaking the greater your power usage the greater the potential savings from installing solar.
The average monthly usage in California is only 573kWh per month however, you are most likely using a lot more than this since this average includes condos and small apartments.
The Chino solar panel savings calculator below will convert your monthly power spend into power usage (in kWh's) and then work out exactly how many solar panels you need to offset your usage, how much they will cost based on the prices of local solar companies and the amount you will save. Our California solar savings calculator can do this because it contains a database of the electric rates charged by City of Colton, Southern California Edison Co, Southern California Water Co, City of Rancho Cucamonga, City of Victorville - (CA)
How much can solar panels save you in Chino
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.
Net cost of system
4 Years 10 Months
Average payback time
Annual power production
Levelized cost of solar energy
If you don't get solar
Cash flow graph based on cash purchase of this 7.17kW system
Life-time savings on this system over the next 25 years
(Prices shown after repayments of capital)
Solar companies in Chino, CA that provide pricing through the Solar-Estimate marketplace.
Average total cost of solar panel installation in Chino
After 26% solar tax credit
After 26% solar tax credit
Find out what system size you need for your home
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:
Find your local rebates and incentives
Please keep in mind that the best source of up-to-date information on incentives are the solar installers who specialize in your area.