Solar power in Rocklin, California
PG&E offer their solar customers in Rocklin a net metering program, making it easy to wipe out your electric bills with solar.
You may also claim part of the total system cost as a tax deduction under the federal solar tax credit — 26% in 2020, or 22% in 2021. This incentive can be spread over several tax periods and always covers any system size.
With incentives like these, you have to be mad not to go solar.
Net Metering Broken Down
Each kWh of solar generation not used by the home is exported to the grid at the retail value for power.
Usually more power is exported than drawn from the grid giving you credit you can apply to future bills within the same 12 month billing cycle. If credit remains at the end of the 12 months PG&E will pay you.
With NEM-2 rules, new solar customers must switch to time of use billing hurting the returns by about 10%; luckily, this isn't very much and declining equipment prices and great solar production in California more than make up for this.
The average cost of installing residential solar panels in Rocklin,
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 Rocklin, CA
is $13,600.
(after claiming 26% tax credit and other rebates)
The 26% federal solar tax credit explained
If you have a federal income tax liability, 26% of the cost of your solar system can be claimed as a deduction to your taxes. This incentive is claimed when you do your taxes. In order to receive the tax credit quicker it's best to do your taxes as soon as possible after installation.
What if my tax liability is less than 26% of my systems costThere is the option to claim this incentive over several years if your tax liability is less than 26% of the system cost.
How much will solar panels on my home save me?
The answer to this question depends on your electricity usage. Generally speaking the greater your power usage the greater the potential savings from installing solar.
The average monthly usage in California is only 573kWh per month however, you are most likely using a lot more than this since this average includes condos and small apartments.
The Rocklin solar panel savings calculator below will convert your monthly power spend into power usage (in kWh's) and then work out exactly how many solar panels you need to offset your usage, how much they will cost based on the prices of local solar companies and the amount you will save. Our California solar savings calculator can do this because it contains a database of the electric rates charged by City of Roseville, Pacific Gas & Electric Co, Sacramento Municipal Util Dist, Sierra Pacific Power Co, Truckee Donner P U D
How much can solar panels save you in Rocklin
What does the cost of a real solar system look like?
Facts about installing a 10.76kW solar system in Rocklin, CA
This system would offset 100% of your energy usage if your typical monthly bill is $275, however your situation may vary so try our Rocklin solar calculator to get a result tailored to you.
$19,906
Net cost of system
5 Years 5 Months
Average payback time
15,714 kWh
Annual power production
5¢/kWh
Levelized cost of solar energy
37¢/kWh
If you don't get solar
Cash flow graph based on cash purchase of this 10.76kW system
Life-time savings on this system over the next 25 years
$118,141
(Prices shown after repayments of capital)
137
Solar companies in Rocklin, CA that provide pricing through the Solar-Estimate marketplace.
Average total cost of solar panel installation in Rocklin
| System Size |
Cash purchase After 26% solar tax credit |
Financed purchase After 26% solar tax credit |
|---|---|---|
| 3kw | $6,416 | $6,929 |
| 4kw | $8,377 | $9,047 |
| 5kw | $10,286 | $11,109 |
| 6kw | $12,077 | $13,043 |
| 7kw | $13,831 | $14,937 |
| 8kw | $15,451 | $16,687 |
| 9kw | $17,050 | $18,414 |
| 10kw | $18,500 | $19,980 |
Find out what system size you need 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 |
| 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 |
| California Solar Initiative - Single-Family Affordable Solar Housing (SASH) Program | State | Low-Income Program |
| Self-Generation Incentive Program | State | Battery Rebate |
| City of San Francisco - Low-Income Solar Energy Incentive Program | City | Low-Income Program |
| LADWP - Net Metering | Utility | Net Metering |
| SMUD - PV Residential Retrofit Buy-Down | Utility | Rebate Program |
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.
