Cost of solar in Modesto, CA

Electricity Consumption in Modesto

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 Modesto, California

Modesto Irrigation District offer a net metering program for their solar customers. Each kWh of unused solar generation sent to the grid is credited at the retail power rate. If in a given month your solar system sends 300kWh to the grid and your home draws 300kWh then you will have no bill. If more energy is exported than consumed credit is still given at 1 for 1 and is applicable to future bills within the same 12 month billing cycle. Any remaining credit at the end of the 12 months is deposited into your account. Unfortunately MID have switched their net metering program to NEM-2 resulting in about a 10% loss to net metering returns. Despite the change, the decline in equipment costs has compensated for this as well as production numbers even in northern California being fairly high.

If you have a taxable income 30% of the system cost can be claimed as a deduction to federal taxes. The federal solar tax credit has no system size limit and can be used in increments over several years, depended on what works best for you. A good net metering policy and 30% off the system cost makes solar a no brainer for your home or business in Modesto. Even if you're only in the early stages of considering solar it doesn't hurt to get a free estimate. Enter your zip code below to see how much the average solar system costs in Modesto, your payback time and consider different financing options.

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 Modesto, 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 Modesto, 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 3.02kW solar system in Modesto, CA

This system would offset 100% of your energy usage if your typical monthly bill is $94, however your situation may vary so try our solar calculator to get a result tailored to you.

$8,393

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

6 Years 6 Months

Average payback time

4,476
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 3.02kW system

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

$38,072

(Prices shown after repayments of capital)

 


 

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

106

 


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

 

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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.