Solar power in Garden Grove, California
Southern California Edison offers a net metering program for its solar customers.
There is also the federal tax credit that dramatically reduces payback times. This tax credit has no size limits and can be spread over several years.
Since incentives are so generous many lawmakers are trying to shut the down so best act now!
Net Metering Broken Down
Net metering bills you only for excess solar generation exported minus energy drawn from the grid. Usually more solar is exported than drawn, and SCE will credit you at their retail power rate. You can carry forward billing credits for up to twelve months or just ask your utility to write you a check.
With NEM-2 regulations, new solar customers must switch to time of use billing before installing solar reducing returns by about 10%. This is miniscule, and with such high production numbers in Garden Grove and the price on solar equipment decreasing, solar is still a great investment.
The average cost of installing residential solar panels in Garden Grove,
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 Garden Grove, CA
is $13,600.
(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 costThere 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 Garden Grove 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 Anaheim, San Diego Gas & Electric Co, Southern California Edison Co
How much can solar panels save you in Garden Grove
What does the cost of a real solar system look like?
Facts about installing a 6.73kW solar system in Garden Grove, CA
This system would offset 100% of your energy usage if your typical monthly bill is $177, however your situation may vary so try our Garden Grove solar calculator to get a result tailored to you.
$13,347
Net cost of system
5 Years 7 Months
Average payback time
10,114 kWh
Annual power production
5¢/kWh
Levelized cost of solar energy
37¢/kWh
If you don't get solar
Cash flow graph based on cash purchase of this 6.73kW system
Life-time savings on this system over the next 25 years
$75,262
(Prices shown after repayments of capital)
248
Solar companies in Garden Grove, CA that provide pricing through the Solar-Estimate marketplace.
Average total cost of solar panel installation in Garden Grove
| 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 |
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:
| 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 |
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.
