Solar power in Granada Hills, California
LADWP offers a rebate for its solar customers besides the also great just net metering. Rebates are currently at $250 for residential and $300 per kW for commercial. On a common 5kW system that's $1,250 off!
An even bigger incentive is LADWP's net metering program, which makes it easy to eliminate your electric bills with solar.
There is also on top of all this the federal solar tax credit. This tax credit has no system size limits and can be used in parts over many years.
With funding for the rebate program close to running out, don't wait around.
Net Metering Broken Down
Under LADWP's net metering program, solar customers export power to the grid to offset their power bill at a 1kWh for 1kWh rate. After paying off the power drawn from the grid ,you can either carry the credits forward for future bills or receive a check.
Granada Hills has a far better net metering program since it doesn't require its customers to switch to time of use billing, which hurts returns.
The average cost of installing residential solar panels in Granada Hills,
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 Granada Hills, 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 Granada Hills 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 Azusa, City of Burbank Water and Power, City of Glendale, City of Pasadena, City of Vernon, LADWP (City of Los Angeles), Southern California Edison Co
How much can solar panels save you in Granada Hills
What does the cost of a real solar system look like?
Facts about installing a 17.81kW solar system in Granada Hills, CA
This system would offset 100% of your energy usage if your typical monthly bill is $410, however your situation may vary so try our Granada Hills solar calculator to get a result tailored to you.
$32,949
Net cost of system
5 Years 11 Months
Average payback time
27,032 kWh
Annual power production
5¢/kWh
Levelized cost of solar energy
32¢/kWh
If you don't get solar
Cash flow graph based on cash purchase of this 17.81kW system
Life-time savings on this system over the next 25 years
$171,371
(Prices shown after repayments of capital)
288
Solar companies in Granada Hills, CA that provide pricing through the SolarEstimate marketplace.
Average total cost of solar panel installation in Granada Hills
| 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 |
| LADWP - Solar Incentive Program | Utility | Rebate Program |
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.
