Cost of solar in Encino, CA

Electricity Consumption in Encino

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 Encino, California

LADWP offer a rebate program for their solar customers in Encino. Rebates are set at $250 per kW for residential and $300 per kW for commercial installations. Net metering is also provided crediting each kWh of surplus solar generation at the same value as another drawn from the grid at a later time making it easy to wipe out your power bill. With great sunshine often more power is exported than consumed, this excess is credited at the retail rate for power. Net metering credit can be carried forward and used to offset future bills within the same 12 month billing cycle, any remaining credit at the end of the 12 months is deposited into your account. Luckily customers of LADWP don't need to switch to time of use billing like with SCE.

After subtracting your rebate 30% of the system cost may be claimed as a reduction to federal taxes. The federal solar tax credit can be used over several years and has no limit to the system size. With the rebate program running out of funding don't wait another minute, incentives won't get better than they are now ever!

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

 

Estimate your solar savings

 

Solar power in California

The average cost of installing residential solar panels in Encino, California in 2018 is $3.63 per watt. The average system size in the US is 6 kilowatts, which means the average price of a solar system in Encino, CA is $18,150. (before claiming 30% tax credit and other rebates)

What does the cost of a real solar system look like?

Facts about installing a 3.93kW solar system in Encino, CA

This system would offset 100% of your energy usage if your typical monthly bill is $90, however your situation may vary so try our solar calculator to get a result tailored to you.

$10,646

Net cost of system
Cash - after 30% solar tax credit

8 Years 4 Months

Average payback time

5,934
kWh

Annual power production


/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 3.93kW system

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

$32,659

(Prices shown after repayments of capital)

 


 

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

292

 


Solar calculator and quote comparison tool

Average total cost of solar panel installation in California

System Size Cash purchase
After 30% solar tax credit
Financed purchase
After 30% solar tax credit
3kw $8,337 $9,004
4kw $10,808 $11,673
5kw $13,125 $14,175
6kw $15,246 $16,466
7kw $17,248 $18,628
8kw $19,096 $20,624
9kw $20,727 $22,385
10kw $22,260 $24,041

 

Design your own solar panel system 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:
Incentive Name Eligibility Type
Residential Renewable Energy Tax Credit Federal Personal Tax Credit
LADWP - Solar Incentive Program Utility Rebate Program
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.