Cost of solar in Placerville, CA

Electricity Consumption in Placerville

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 Placerville, California

PG&E provide a net metering program to their solar customers in Placerville. Under net metering each kWh of unused solar generation is sent to the grid and offsets the cost of another kWh drawn from the grid when your solar system isn't producing enough energy. At the end of the month if more power has been exported than consumed each excess kWh is credited at the retail power rate. Credit can be applied to future bills within the same 12 month billing cycle, any remaining balance at the end of the 12 months is deposited into your account. The new NEM-2 rules do unfortunately require PG&E customers to switch to time of use billing reducing returns by about 10% however, this is very little and with solar becoming cheaper and great sun exposure even in northern California installing a solar system is still a great investment.

30% of the total system cost may be claimed as a tax deduction if you have a taxable income. The federal solar tax credit always covers 30% of the cost no matter the size and can be spread over several years. Financial incentives such as these and net metering make solar the simple choice, be sure to act soon since utilities are trying to end net metering.

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 Placerville, 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 Placerville, 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 4.67kW solar system in Placerville, CA

This system would offset 100% of your energy usage if your typical monthly bill is $131, however your situation may vary so try our solar calculator to get a result tailored to you.

$12,357

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

6 Years 10 Months

Average payback time

6,605
kWh

Annual power production


/kWh

levilized cost of solar energy

42¢
/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 4.67kW system

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

$52,100

(Prices shown after repayments of capital)

 


 

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

122

 


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.