Solar power in Temecula, California
Serviced by Southern California Edison residents and business owners in Temecula will receive net metering. Net metering means utilities must credit you for each kWh of unused power exported to the grid at their retail power rate. When more energy is exported than drawn credit is still provided at the retail power rate to future bills. At the end of the yearly cycle remaining credit is deposited into your account at about 3-4 cents per kWh.
Unfortunately the new net metering rules mean customers must switch to time of use billing to go solar however, this only damages returns by about 10% making solar still a worthwhile investment. The federal ITC allows for 30% of the system cost to be claimed as a deduction to federal taxes, there is also no limit to the size a system can be to receive this incentive. Even if you still aren't sure a free estimate can never hurt by entering your zip code below.
The average cost of installing residential solar panels in Temecula,
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 Temecula, 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 Temecula 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 Anza Electric Coop Inc, Banning City of, City of Riverside, Imperial Irrigation District, Southern California Edison Co, City of Corona DWP, Moreno Valley City of
How much can solar panels save you in Temecula
What does the cost of a real solar system look like?
Facts about installing a 6.44kW solar system in Temecula, CA
This system would offset 100% of your energy usage if your typical monthly bill is $217, however your situation may vary so try our Temecula solar calculator to get a result tailored to you.
$12,867
Net cost of system
4 Years 6 Months
Average payback time
10,333 kWh
Annual power production
5¢/kWh
Levelized cost of solar energy
45¢/kWh
If you don't get solar
Cash flow graph based on cash purchase of this 6.44kW system
Life-time savings on this system over the next 25 years
$97,348
(Prices shown after repayments of capital)
216
Solar companies in Temecula, CA that provide pricing through the SolarEstimate marketplace.
Average total cost of solar panel installation in Temecula
| 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.
