Cost of solar in Mira Loma, CA

Electricity Consumption in Mira Loma

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 Mira Loma, California

SCE provide net metering to their solar customers in Mira Loma. Net metering gives you retail value for every kWh of excess solar generation sent to the grid. If your solar system sends 1000 kWh to the grid and your home draws 800 kWh from the grid not only would this wipe out your bill but you'd receive the 200 kWh as credit to a future bill within the same 12 month billing cycle. If there is credit remaining at the end of the billing cycle SCE will deposit the money into your account. Unfortunately with the new NEM-2 Rules new solar customers need to switch to time of use billing reducing the returns by about 10% however, this isn't very much and with decreasing equipment prices and plenty of sunshine solar is a great investment.

30% of the total system cost can also be claimed as a deduction to federal taxes spread over however many years you want. There is also no size limit to receive the full 30%. With incentives currently this good and SCE and other utilities trying to kill off net metering the time to go 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 Mira Loma, 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 Mira Loma, 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 2.16kW solar system in Mira Loma, CA

This system would offset 100% of your energy usage if your typical monthly bill is $70, however your situation may vary so try our solar calculator to get a result tailored to you.

$6,154

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

6 Years 5 Months

Average payback time

3,333
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 2.16kW system

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

$28,489

(Prices shown after repayments of capital)

 


 

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

214

 


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.