Cost of solar in Murrieta, CA

Electricity Consumption in Murrieta

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.

Find local city information


Solar power in Murrieta, California

Murrieta is one of the best places Southern California when it comes to the financial attractiveness of installing solar panels for your home.

Murrieta has both both great solar incentives and an abundance of sunshine meaning solar power production is amazing.

As a customer of Southern California Edison (SCE) then you are entitled to 1 for 1 net metering

This means you are paid the retail power price for excess power your solar system exports to their grid during the day when your solar production is greater than the electrical needs of your home.

Considering most homeowners are away from the house during the day when solar is making a lot of energy this is some serious money in your pocket.

There has been some debate recently over the effect the NEM-2 rules will have on solar savings. Under the new rules Investor owned utilities now make you switch to time of use billing when you go solar.

However, a study by Aurora solar, a solar analysis software company whose methods have been verified by the National Renewable Energy Laboratories (NREL.gov) have produced a report saying that more customers with standard residential load profiles the change to Time of Use billing only marginally changes the returns from going solar and so most homeowners can still get a 5-7 year payback by buying solar panels for their home and then enjoy 20 years or more of free power after that.

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 Murrieta, 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 Murrieta, 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 2.2kW solar system in Murrieta, CA

This system would offset 100% of your energy usage if your typical monthly bill is $68, however your situation may vary so try our solar calculator to get a result tailored to you.

$6,252

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

6 Years 8 Months

Average payback time

3,238
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 2.2kW system

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

$27,280

(Prices shown after repayments of capital)

 


 

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

220

 


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.