Solar power in Morgan Hill, California
PG&E offer an excellent net metering program in Morgan Hill. Net metering credits each kWh of unused solar generation exported to the grid at the same value as a kWh drawn from the grid making it easier to pay off your power bill. Even in Northern California solar production is excellent and usually more power is exported than drawn from the grid. The excess kWh's are valued at the retail power price. Credit can be used on future bills up to one year later or at the end of the 12 month billing cycle PG&E can put the money in your account. Sadly with the new NEM-2 rules net metering returns are about 10% lower since new solar customers must switch to time of use billing thankfully, the decline in equipment costs and great sun exposure still make solar a great investment.
There is also the 30% federal solar tax credit allowing for 30% of the system cost to be claimed as a deduction to federal taxes. This incentive can be used in increments over many years and doesn't impose any size restrictions, it'll always cover 30% no matter the size. With major Investor Owned Utilities such as PG&E fighting to end net metering incentives certainly won't get any better so don't wait too long!
Even if you are not convinced about solar we recommend that at the very least you use the solar panel calculator for Morgan Hill to find out:
- How many solar panels you need to cover your power bill;
- How suitable your house is for solar;
- What incentives your house may be eligible for;
- The cost of solar panel installation in Morgan Hill and whether you are eligible for zero down solar deals; and
- Your likely payback period and return on investment from installing solar
Estimate your solar savings
The average cost of installing residential solar panels in Morgan Hill, 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 Morgan Hill, CA is $13,600. (before claiming 26% tax credit and other rebates)
What does the cost of a real solar system look like?
Facts about installing a 10.73kW solar system in Morgan Hill, CA
This system would offset 100% of your energy usage if your typical monthly bill is $232, however your situation may vary so try our Morgan Hill solar calculator to get a result tailored to you.
Net cost of system
Cash - after 26% solar tax credit
6 Years 3 Months
Average payback time
Annual power production
levilized cost of solar energy
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 10.73kW system
Life-time savings on this system over the next 25 years
(Prices shown after repayments of capital)
Solar companies in Morgan Hill, CA that provide pricing through the Solar-Estimate marketplace
Average total cost of solar panel installation in California
|System Size||Cash purchase
After 26% solar tax credit
After 26% solar tax credit
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:
|Residential Renewable Energy Tax Credit||Federal||Personal Tax Credit|
|Property Tax Exclusion for Solar Energy Systems||State||Property Tax Incentive|
|Sonoma County - Energy Independence Program||Local||PACE Financing|
|NEM 2.0||State||Net Metering|
|Silicon Valley Power - Solar Electric Buy Down Program||Utility||Rebate Program|
Please keep in mind that the best source of up-to-date information on incentives are the solar installers who specialize in your area.