Solar power in Dana Point, California
San Diego Gas & Electric provide net metering to their solar customers.
Even better, provided you have a taxable income, a large portion of the system cost can be claimed as a deduction to federal taxes. The federal solar tax credit has no size limits and can spread over several years.
Incentives like these make solar an obvious must have in Dana Point. It doesn't hurt to enter your power spend and address into our calculator for a free estimate on what system you will need, how much it will cost and how long the payback time is.
Net Metering Broken Down
San Diego Gas & Electric's net metering policy to their solar customers. This net metering policy credits each kWh of unused solar generation exported to the grid at the same value as another kWh drawn from the grid.
If in a billing month more power has been exported to the grid than consumed by the home credit is still provided at retail value per kWh and can be applied to future bills within the same 12 month billing cycle. Remaining credit at the end of the 12 months are deposited into your account.
New solar customers with SDG&E must unfortunately switch to time of use billing under the new NEM-2 rules despite reducing returns by about 10% the drop in panel prices and great solar production in southern California, solar is still one of the greatest home investments you can make.
The average cost of installing residential solar panels in Dana Point,
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 Dana Point, 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 Dana Point 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 City of Anaheim, San Diego Gas & Electric Co, Southern California Edison Co
How much can solar panels save you in Dana Point
What does the cost of a real solar system look like?
Facts about installing a 9.47kW solar system in Dana Point, CA
This system would offset 100% of your energy usage if your typical monthly bill is $244, however your situation may vary so try our Dana Point solar calculator to get a result tailored to you.
$17,730
Net cost of system
5 Years 5 Months
Average payback time
13,942 kWh
Annual power production
5¢/kWh
Levelized cost of solar energy
37¢/kWh
If you don't get solar
Cash flow graph based on cash purchase of this 9.47kW system
Life-time savings on this system over the next 25 years
$104,719
(Prices shown after repayments of capital)
246
Solar companies in Dana Point, CA that provide pricing through the SolarEstimate marketplace.
Average total cost of solar panel installation in Dana Point
| 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 |
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.
