Cost of solar in Menifee, CA

Electricity Consumption in Menifee

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 Menifee, California

Southern California Edison offers net metering for its solar customers in Menifee. Net metering is when SCE records how much power your solar system exports to the grid and how much energy your home draws from the grid and bills or credits depending on if your solar system exported or your home drew more. Excess credit after paying off your bill can be given to you as a credit on a future bill up to 12 months or SCE can write you a check. The new NEM-2 net metering rules require new solar customers to switch to time of use billing and this does damages returns however, by only about 10% and with equipment prices for solar systems falling and excellent solar production in Southern California solar is still one of the best investments you can make. There is also the 30% federal solar tax credit where in one or many tax periods up to 30% of the solar system's total cost can be claimed as a tax deduction. This tax credit also has no price cap or size limit, it's 30% no matter the size! With utilities and many lawmakers fighting these incentives the time to switch to solar is now!

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 Menifee, 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 Menifee, 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 2.11kW solar system in Menifee, CA

This system would offset 100% of your energy usage if your typical monthly bill is $71, however your situation may vary so try our solar calculator to get a result tailored to you.

$6,011

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

6 Years 3 Months

Average payback time

3,380
kWh

Annual power production


/kWh

levilized cost of solar energy

45¢
/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 2.11kW system

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

$29,225

(Prices shown after repayments of capital)

 


 

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

213

 


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
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.