Solar power in Covina, California
Southern California Edison provides a net metering program for its customers in Covina. Under net metering each kWh of unused solar sent to the grid reduces your bill from your utility by 1kWh. Usually more energy is exported to the grid than what is used in the home and this excess is valued at the retail rate for power. Credit may be applied to future bills up to 1 year later or at the end of the 12 month billing cycle SCE will deposit the money into your account. Unfortunately with the new NEM-2 rules new solar customers must switch to time of use billing reducing the returns by about 10% however, this isn't a real lot and with great power production and equipment prices on their way down solar is still a great investment.
Covina residents can still benefit from the federal solar tax credit. This incentive allows for 30% of the system cost to be claimed as a tax deduction over however many years you want. There is also no size limit so no matter the size 30% will always be covered. Incentives are great in Covina but perhaps not for much longer since SCE and some state legislatures are trying to damage net metering even more. Incentives will not be any better than what they are now so don't wait!
Even if you are not convinced about solar we recommend that at the very least you use the solar panel calculator for Covina 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 Covina 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 Covina, 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 Covina, 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 11.19kW solar system in Covina, 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 Covina solar calculator to get a result tailored to you.
Net cost of system
Cash - after 26% solar tax credit
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 11.19kW system
Life-time savings on this system over the next 25 years
(Prices shown after repayments of capital)
Solar companies in Covina, 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.