But this figure is somewhat misleading for several reasons.
Average cost of solar panels san diego.
Interested in taking that next step but aren t sure how much solar panels cost san diego residents or if it even makes financial sense.
San diego has high electricity prices great sunlight and more solar installers than you could ever ask for.
The lowdown on savings and solar panel costs in san diego.
The average cost of a residential solar installation in san diego is about 10k including incentives rebates and tax credits.
This means in order to maximize your savings potential the best time to go solar in san diego is now.
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.
This is lower than the average price of residential solar power systems across the united states which is currently 2 60 per watt.
As of august 2020 the average solar panel cost in san diego county ca is 2 94 w given a solar panel system size of 5 kilowatts kw an average solar installation in san diego county ca ranges in cost from 12 495 to 16 905 with the average gross price for solar in san diego county ca coming in at 14 700 after accounting for the 26 federal investment tax credit itc and other state.
That is the average system size purchased by our residential clientele in san diego.
Most solar panels last for 50 years have a 25 year warranty and start generating a return on investment after 8.
Solar panel cost data san diego 2020 updated.
As of sep 2020 the average cost of solar panels in san diego is 2 5 per watt making a typical 6000 watt 6 kw solar system 11 100 after claiming the 26 federal solar tax credit now available.
However the tax credit is set to step down to 22 at the end of 2020.
So we re looking at 29 015 10 for an initial solar installation before credits and incentives.
It usually costs 15 000 to 20 000 after tax credits and can reduce your electricity bill by 70 to 100 percent depending on the size and.
Cash buying your solar electric system outright is best.
The most significant incentive to install solar panels in san diego is the 26 federal tax credit.
The cost of a system that size in san diego averages about 3 13 per watt.
Average solar installation costs in san diego don t really capture the full picture.
The average solar installation cost is only an average.
But the bottom line cost is significantly less after taking into account the federal residential renewable energy tax credit and california solar initiative rebates.
