Cost of solar in Sylmar, CA

Electricity Consumption in Sylmar

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 Sylmar, California

LADWP offers a rebate and a net metering program for their solar customers. Current rebates are $250 per kW for residential installations and $300 for commercial. Already on a common 6kW system that's a $1,500 discount. LADWP's net metering program credits each kWh of solar generation exported to the grid at the retail value. After enough kWh are exported to cover your night time bill each kWh beyond this point receives retail value. You can carry credit forward for future bills or have the money transferred to your account. Being a municipal utility customers don't need to switch to time of use billing unfortunately, those of you just outside the city in SCE territory do however, the returns are only lowered by about 10%.

After factoring in your rebate 30% of the remaining costs can be claimed as a tax deduction under the federal solar tax credit. This incentive has no size limitations on your solar system and can be used over several years. With rebate funding in the final 10% don't wait any longer, incentives won't be this good again!

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 Sylmar, 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 Sylmar, 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 4kW solar system in Sylmar, CA

This system would offset 100% of your energy usage if your typical monthly bill is $92, however your situation may vary so try our solar calculator to get a result tailored to you.

$10,808

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

8 Years 3 Months

Average payback time

6,065
kWh

Annual power production


/kWh

levilized cost of solar energy

32¢
/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 4kW system

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

$33,486

(Prices shown after repayments of capital)

 


 

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

288

 


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
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.