What range of costs should you expect to see in quotes for a solar panel system.
California cost to install solar panels.
Installing a solar panel system costs an average of 23 597 and dropping most homeowners pay between 16 532 and 30 820 expect to pay 2 50 to 3 50 per watt with most systems in the 3kw to 10kw range until the end of 2020 you can deduct 26 of the installation costs with the federal investment tax credit itc.
This is higher than the average price of residential solar power systems across the united states which is currently 2 64 per watt.
A critical question many property owners have when they are considering installing solar panels is the amount of time it will take to recover their initial investment through electricity savings.
High levels of solar irradiance high electric costs the 26 federal tax credit and their net metering policy ensures that residents will benefit immensely from installing solar panels in california.
Solar panel costs for an average sized installation in the u s.
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 data for this study comes from the california dg stats site and is based on the newest state wide data set which includes installation costs the currently interconnected data set.
Solar power systems are very custom based on the home roof type shading and utility.
Get a true estimate with free quotes from professional solar installers.
Solar panel cost data california 2020 updated.
As of september 2020 the average solar panel cost in california is 2 99 w 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 after accounting for the 26 federal investment tax credit itc and other state and local solar incentives.
The average solar panel payback period is 7 to 12 years and solar energy saves 600 to 2 000 per year on electricity costs.
Solar panel cost in 2020.
The cost of solar index for california is our effort to help inform california homeowners about costs of going solar in the golden state.
California is among the top states in the u s.
With energy prices on the rise this may be the perfect time.
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.
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.
As i mentioned above currently as of april 2020 homeowners typically spend around 3 per.
Most solar panels last for 50 years have a 25 year warranty and start generating a return on investment after 8.
The current average is around 18 600 but it can vary greatly by your home and location get a better estimate for your specific home with our free solar panel cost calculator below.
California solar power overview.
