Solar power in Livermore, California
PG&E offer net metering for their customers who want to go solar in Livermore. This is great news: net metering makes it easy to wipe out your electric usage bill with solar.
A large part of the system cost - 26% in 2020, and 22% in 2021 - can also be claimed as a deduction to federal taxes. The federal solar tax credit can be used over several years and always covers the set percentage regardless of the system size.
Incentives will never be better than what they are now, and with PG&E trying to kill net metering don't wait any longer!
Net Metering Broken Down
Net metering gets each kWh exported to the grid and uses it to cancel out the cost of another kWh drawn from the grid at night or on a cloudy day for example.
In northern California, often more energy is exported then consumed from the grid. Not only will this wipe out your bill, but PG&E will allow the surplus to offset future bills within the same 12 month billing cycle. At the end of the 12 months if credit still remains PG&E will deposit the money into your account.
Unfortunately, new solar customers with PG&E must switch to time of use billing, reducing returns by about 10%. However, with equipment becoming cheaper and great solar production, solar is still one of the best home investments one can make.
The average cost of installing residential solar panels in Livermore,
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 Livermore, 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 Livermore 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 Alameda, Pacific Gas & Electric Co, Port of Oakland
How much can solar panels save you in Livermore
What does the cost of a real solar system look like?
Facts about installing a 8.68kW solar system in Livermore, CA
This system would offset 100% of your energy usage if your typical monthly bill is $220, however your situation may vary so try our Livermore solar calculator to get a result tailored to you.
Net cost of system
5 Years 7 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 8.68kW system
Life-time savings on this system over the next 25 years
(Prices shown after repayments of capital)
Solar companies in Livermore, CA that provide pricing through the Solar-Estimate marketplace.
Average total cost of solar panel installation in Livermore
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.