Cost of solar in Woodland Hills, CA

Electricity Consumption in Woodland Hills

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 Woodland Hills, California

LADWP offer great incentives for their solar customers in the form of a $250 ($300 for commercial) rebate and net metering. Net metering credits each unused kWh of power exported to the grid at the retail power rate. Usually solar systems produce more energy than what the home needs to draw from the grid and each surplus kWh is credited at the retail power rate. You may choose to carry credit forward for future bills or have the money put into your account. If you're with SCE just outside of the city you unfortunately must switch to time of use billing however the returns are only affected by about 10%.

After deducting your rebate from the system cost you may claim 30% of the remaining costs as a deduction to your taxes under the federal solar tax credit. This tax credit may be spread over as many years as you want and imposes no restrictions on size to your system, you will always be able to claim the full 30%. Incentives like these are disappearing fast, already the rebate program only has about 10% funding left so don't wait any longer!

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 Woodland Hills, 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 Woodland Hills, 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 3.93kW solar system in Woodland Hills, CA

This system would offset 100% of your energy usage if your typical monthly bill is $90, however your situation may vary so try our solar calculator to get a result tailored to you.

$10,646

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

8 Years 4 Months

Average payback time

5,934
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 3.93kW system

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

$32,659

(Prices shown after repayments of capital)

 


 

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

295

 


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.