Solar power in Shingle Springs, California
Being inPacific Gas & Electric (PG&E) territory, Shingle Springs is the perfect place to go solar.
PG&E offers its customers full 1 for 1 net metering, meaning for every kWh of unused energy in the home that energy is sent to the grid and you are credited at PG&E's retail power rate. Net metering will make you some serious money.
There is also the federal solar tax credit, which in 2020 allows you to claim 26% of the system cost on your taxes; this is a massive benefit.
With many of these incentives set to step down or expire, the time to go solar is now!
The average cost of installing residential solar panels in Shingle Springs,
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 Shingle Springs, 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 Shingle Springs 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, Sierra Pacific Power Co
How much can solar panels save you in Shingle Springs
What does the cost of a real solar system look like?
Facts about installing a 11.05kW solar system in Shingle Springs, CA
This system would offset 100% of your energy usage if your typical monthly bill is $310, however your situation may vary so try our Shingle Springs solar calculator to get a result tailored to you.
$20,443
Net cost of system
5 Years
Average payback time
15,630 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 11.05kW system
Life-time savings on this system over the next 25 years
$136,074
(Prices shown after repayments of capital)
125
Solar companies in Shingle Springs, CA that provide pricing through the SolarEstimate marketplace.
Average total cost of solar panel installation in Shingle Springs
| 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.
