Solar power in Concord, California
Concord residents and business owners can take full advantage of PG&E's net metering program.
The federal solar tax credit also allows a portion of the whole system cost to be claimed as a tax deduction, over however many years you want. This incentive imposes no size restrictions of your solar system.
With incentives being fought by utilities and politicians don't wait any longer, because of them that's how NEM-2 was started!
Net Metering Broken Down
Under net metering customers receive for 1 for 1 credit for each kWh exported to the grid. After covering your power bill each kWh is credited at the retail power price. Credit can be used on future bills up to 1 year later or deposited directly into your account at the end of each 12 month billing cycle.
In Northern California solar production is excellent and net metering will make you a lot of money.
Now, NEM-2 rules have reduced net metering credits by about 10% since it requires new solar customers to switch to time of use billing. However, with great solar production, and solar being cheaper than ever, these new rules don't change much and solar is still a great investment.
The average cost of installing residential solar panels in Concord,
California in 2024 is
$2.72 per watt. The average system size
in the US is 6 kilowatts, which means the average price of a solar system
in Concord, CA
is $13,600.
(after claiming 26% tax credit and other rebates)
The 26% federal solar tax credit explained
If you have a federal income tax liability, 26% of the cost of your solar system can be claimed as a deduction to your taxes. This incentive is claimed when you do your taxes. In order to receive the tax credit quicker it's best to do your taxes as soon as possible after installation.
What if my tax liability is less than 26% of my systems costThere is the option to claim this incentive over several years if your tax liability is less than 26% of the system cost.
How much will solar panels on my home save me?
The answer to this question depends on your electricity usage. Generally speaking the greater your power usage the greater the potential savings from installing solar.
The average monthly usage in California is only 573kWh per month however, you are most likely using a lot more than this since this average includes condos and small apartments.
The Concord solar panel savings calculator below will convert your monthly power spend into power usage (in kWh's) and then work out exactly how many solar panels you need to offset your usage, how much they will cost based on the prices of local solar companies and the amount you will save. Our California solar savings calculator can do this because it contains a database of the electric rates charged by Pacific Gas & Electric Co
How much can solar panels save you in Concord
What does the cost of a real solar system look like?
Facts about installing a 7.7kW solar system in Concord, CA
This system would offset 100% of your energy usage if your typical monthly bill is $220, however your situation may vary so try our Concord solar calculator to get a result tailored to you.
$14,986
Net cost of system
5 Years 1 Month
Average payback time
11,092 kWh
Annual power production
5¢/kWh
Levelized cost of solar energy
42¢/kWh
If you don't get solar
Cash flow graph based on cash purchase of this 7.7kW system
Life-time savings on this system over the next 25 years
$95,871
(Prices shown after repayments of capital)
128
Solar companies in Concord, CA that provide pricing through the SolarEstimate marketplace.
Average total cost of solar panel installation in Concord
| System Size |
Cash purchase After 26% solar tax credit |
Financed purchase After 26% solar tax credit |
|---|---|---|
| 3kw | $6,416 | $6,929 |
| 4kw | $8,377 | $9,047 |
| 5kw | $10,286 | $11,109 |
| 6kw | $12,077 | $13,043 |
| 7kw | $13,831 | $14,937 |
| 8kw | $15,451 | $16,687 |
| 9kw | $17,050 | $18,414 |
| 10kw | $18,500 | $19,980 |
Find out what system size you need 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 |
| Property Tax Exclusion for Solar Energy Systems | State | Property Tax Incentive |
| Sonoma County - Energy Independence Program | Local | PACE Financing |
| NEM 2.0 | State | Net Metering |
| *Under Revision* Marin Clean Energy - Feed-in-Tariff | Local | Performance-Based Incentive |
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.
