Cost of solar in Lincoln, CA

Electricity Consumption in Lincoln

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 Lincoln, California

PG&E offer a net metering program to their solar customers in Lincoln. Under net metering each surplus kWh of solar generation is sent to the grid offsetting the cost of another kWh drawn from the grid at night or on a cloudy day. Even in northern California often more energy is exported than drawn to the home, this excess is credited to the customer at the retail power rate. Credits can be applied to future bills within the same 12 month billing cycle and any remaining credit at the end will be deposited into your account. With the new NEM-2 rules new solar customers must switch to time of use billing reducing returns by about 10% however, with great solar production and equipment prices falling solar is still a great investment.

There is also the federal solar tax credit allowing 30% of the system cost to be claimed as a deduction to federal taxes. This incentive can be spread over several years and always covers 30% regardless of size. There is no reason not to go solar in Lincoln and with PG&E fighting a hard battle to end net metering no good will come from waiting!

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 Lincoln, 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 Lincoln, 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 5.4kW solar system in Lincoln, CA

This system would offset 100% of your energy usage if your typical monthly bill is $131, however your situation may vary so try our solar calculator to get a result tailored to you.

$13,986

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

7 Years 7 Months

Average payback time

7,485
kWh

Annual power production


/kWh

levilized cost of solar energy

37¢
/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 5.4kW system

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

$49,729

(Prices shown after repayments of capital)

 


 

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

137

 


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
SMUD - PV Residential Retrofit Buy-Down 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.