Cost of solar in Valencia, CA

Electricity Consumption in Valencia

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 Valencia, California

Southern California Edison offer their solar customers a net metering program. Under net metering each kWh of unused solar generation is sent to the grid and credited at the retail power rate wiping out the cost of another kWh drawn from the grid for example at night. If in a given month more energy is sent to the grid than received credit is still given at the retail value to future bills within the same 12 month billing cycle. Any remaining credit at the end of those 12 months is deposited into your account. Sadly with the new NEM-2 net metering rules new solar customers must switch to time of use billing resulting in a loss of returns however, only by about 10% and with declining equipment costs solar is still one of the greatest home investment one can make.

30% of the system cost may also be claimed as a reduction to federal taxes. The federal solar tax credit can be spread over several years and always covers 30% of the cost no matter the system size. With incentives like these you'd be crazy not to go solar. Don't wait for these incentives to expire!

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 Valencia, 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 Valencia, 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 3kW solar system in Valencia, CA

This system would offset 100% of your energy usage if your typical monthly bill is $69, however your situation may vary so try our solar calculator to get a result tailored to you.

$8,337

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

8 Years 5 Months

Average payback time

4,549
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 3kW system

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

$24,781

(Prices shown after repayments of capital)

 


 

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

292

 


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.