Solar power in San Dimas, California
San Dimas residents and business owners have an excellent array of incentives when it comes to going solar.
SCE offers net metering, which makes it easy for homeowners here to eliminate their electric bills by installing solar.
Net metering also comes with the federal solar tax credit, covering 26% of total system costs in 2020 (this falls to 22% in 2021).
With many utilities and politicians fighting to kill off these incentives it's best not to wait around.
Net Metering Broken Down
The total amount of unused power sent to the grid is subtracted by how much energy is drawn from the grid and you are billed for the net amount.
Net metering makes payback times on a standard size system only about 5-6 years.
If more is exported than consumed the utility will either write you a check or you can use the credit on future bills for up to 12 months.
Under NEM-2 rules, new net metering customers must switch to time of use billing reducing returns by about 10%; however, this is miniscule and with solar panels and equipment costs decreasing, solar is still an excellent investment.
The average cost of installing residential solar panels in San Dimas,
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 San Dimas, 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 San Dimas 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 Azusa, City of Burbank Water and Power, City of Glendale, City of Pasadena, City of Vernon, LADWP (City of Los Angeles), Southern California Edison Co
How much can solar panels save you in San Dimas
What does the cost of a real solar system look like?
Facts about installing a 10.93kW solar system in San Dimas, CA
This system would offset 100% of your energy usage if your typical monthly bill is $249, however your situation may vary so try our San Dimas solar calculator to get a result tailored to you.
$20,221
Net cost of system
6 Years
Average payback time
16,417 kWh
Annual power production
5¢/kWh
Levelized cost of solar energy
32¢/kWh
If you don't get solar
Cash flow graph based on cash purchase of this 10.93kW system
Life-time savings on this system over the next 25 years
$103,770
(Prices shown after repayments of capital)
294
Solar companies in San Dimas, CA that provide pricing through the Solar-Estimate marketplace.
Average total cost of solar panel installation in San Dimas
| 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 |
| LADWP - Solar Incentive Program | 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.
