Cost of solar in Simi Valley, CA

Electricity Consumption in Simi Valley

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 Simi Valley, California

Since Simi Valley is serviced by SCE customers are eligible for 1 for 1 net metering giving them 1 for 1 credit with the retail power price for excess power exported to the grid! Sadly under the new NEM-2 rules returns are about 10% lower as you must switch to time of use billing in order to get solar however, net metering returns are still better than most places in America because of excellent sun exposure thus more power exported to the grid. There is also the 30% federal solar tax credit covering 30% of the total system cost when you do your taxes. With many trying to kill off these incentives the time to act is now!

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 Simi Valley, 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 Simi Valley, 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 2.47kW solar system in Simi Valley, CA

This system would offset 100% of your energy usage if your typical monthly bill is $70, however your situation may vary so try our solar calculator to get a result tailored to you.

$6,968

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

7 Years 2 Months

Average payback time

3,750
kWh

Annual power production


/kWh

levilized cost of solar energy

40¢
/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 2.47kW system

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

$27,309

(Prices shown after repayments of capital)

 


 

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

114

 


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.