Solar power in Upland, California
Southern California Edison have a net metering system in place making solar a great investment.
With the federal tax credit on top of this — worth 26% of system costs in 2020, or 22% in 2021 — solar is a complete no brainer. This tax credit can be carried forward over years and has no size limit for the system. With
incentives this generous, they are likely to step down or expire soon, so don't wait around.
Net Metering Broken Down
Each kWh of power exported to the grid offsets the bill from another kWh drawn from the grid at night or on a cloudy day.
Usually during a 1 month billing period more power will be exported than bought from the utility, this excess is credited at SCE's retail power rate.
Future credits can be carried forward to offset another bill up to 1 year later or SCE can write you a check.
Under NEM-2 net metering rules, new solar customers must switch to time of use billing. This reduces returns by about 10% however, with equipment prices lowering and Southern California, having such great performance figures when it comes to energy output solar, is still an excellent investment.
The average cost of installing residential solar panels in Upland,
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 Upland, 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 Upland 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 Colton, Southern California Edison Co, Southern California Water Co, City of Rancho Cucamonga, City of Victorville - (CA)
How much can solar panels save you in Upland
What does the cost of a real solar system look like?
Facts about installing a 6.97kW solar system in Upland, CA
This system would offset 100% of your energy usage if your typical monthly bill is $213, however your situation may vary so try our Upland solar calculator to get a result tailored to you.
$13,771
Net cost of system
4 Years 11 Months
Average payback time
10,739 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 6.97kW system
Life-time savings on this system over the next 25 years
$93,893
(Prices shown after repayments of capital)
185
Solar companies in Upland, CA that provide pricing through the SolarEstimate marketplace.
Average total cost of solar panel installation in Upland
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.