Solar Installation Cost California

A typical 6kw system costs 11 330 after claiming the 26 solar tax credit.

Solar installation cost california. California has a highly active solar market as well as plenty of financial incentives to help get you started. This is higher than the average price of residential solar power systems across the united states which is currently 2 53 per watt. Your monthly electric bill savings will be about 131 but your loan payments will be 127 meaning you ll save 4 per month with solar. As of september 2020 the average solar panel cost in california is 2 99 w.

After incentives are applied upfront costs drop to about 13 125. Usually range from 11 144 to 14 696 after solar tax credits and the average price per watt for solar panels ranges from 2 51 to 3 31. Most solar panels last for 50 years have a 25 year warranty and start generating a return on investment after 8 years. The average cost of installed residential solar power systems is currently 2 55 per watt.

That s how big your loan should be. On a cost per watt w basis a solar panel installation in california ranges in price from 2 54 to 3 44. As of sep 2020 the average cost of solar panels in california is 2 68 per watt making a typical 6000 watt 6 kw solar system 11 877 after claiming the 26 federal solar tax credit now available. The average cost to install solar panels is from 10 626 to 26 460 after tax credit for a 6kw to 12kw system to power an entire house.

The average 5 2 kw system costs about 16 640 to install. How does system size impact the cost of solar. Knowing the average cost per watt is helpful but what does 2 91 watt actually mean for you. In terms of price per kwh for energy used those with solar panels will pay only 0 08 per kwh.

Solar panel costs for an average sized installation in the u s. Given a solar panel system size of 5 kilowatts kw an average solar installation in california ranges in cost from 12 708 to 17 192 with the average gross price for solar in california coming in at 14 950. For a 5 kw system and solar installation this comes out to an average cost of about 18 750 before the 30 percent federal solar tax credit or any local incentives are applied. The average cost of solar installations in california the overall price of a residential solar system not to be confused with the price per watt see below in 2019 is 16 298.

After accounting for the 26 federal investment tax credit itc and other state and local solar incentives the net price you ll pay for solar can fall by thousands of dollars. The average cost of a solar panel installation in california ranges from 12 708 to 17 192.