Solar power in Fallbrook, California
Fallbrook residents and business owners can take full advantage of San Diego Gas & Electric's net metering program - which means that's it's easy to wipe out your electric bill with solar.
There is also the federal solar tax credit, worth 26% in 2020, and 22% in 2021). This incentive can be spread over many years and has no size limits.
With utilities and several legislatures trying to kill off solar and its incentives don't wait around!
Net Metering Broken Down
Net metering requires your utility to credit you 1 for 1 for each kWh of excess solar generation sent to the grid.
This credit can be used against each kWh you continue to import from the grid at night, during cloudy days, etc.
When more power is produced than drawn from the grid these credits can be used against a future bill or SDG&E can write you a check.
In sunny Fallbrook where solar produces upwards of 50% more power than in northern states net metering will put some serious cash in your pocket.
NEM-2 regulations do unfortunately require that new solar customers must switch to time of use billing. This damages returns by about 10%; fortunately, with the decrease in solar equipment prices and Fallbrook receiving so much sun, solar is still one of the best investments a homeowner here can make.
The average cost of installing residential solar panels in Fallbrook,
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 Fallbrook, 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 Fallbrook 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 Escondido, Imperial Irrigation District, San Diego Gas & Electric Co, Southern California Edison Co
How much can solar panels save you in Fallbrook
What does the cost of a real solar system look like?
Facts about installing a 11.3kW solar system in Fallbrook, CA
This system would offset 100% of your energy usage if your typical monthly bill is $296, however your situation may vary so try our Fallbrook solar calculator to get a result tailored to you.
$20,905
Net cost of system
5 Years 3 Months
Average payback time
18,122 kWh
Annual power production
5¢/kWh
Levelized cost of solar energy
35¢/kWh
If you don't get solar
Cash flow graph based on cash purchase of this 11.3kW system
Life-time savings on this system over the next 25 years
$127,915
(Prices shown after repayments of capital)
274
Solar companies in Fallbrook, CA that provide pricing through the SolarEstimate marketplace.
Average total cost of solar panel installation in Fallbrook
| 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.
