Sunny San Diego has a lot to gain when it comes to benefiting from the power of the sun.
Famous for its beaches, warm climate, and hip and happening scene, San Diego is almost always sunny.
As solar power continues to make waves across the nation, residents in San Diego can benefit tremendously from using this eco-friendly renewable energy resource.
Between amazing programs and tax credits, there’s a lot of financial incentive to switching and using solar power in San Diego.
San Diego Solar Power Cost and Savings
On average, a 5KW solar panel system (the typical size of most solar panel systems) can set you back about $20 thousand dollars. For most people, this can be a very pricey initial investment.
But over the course of the system’s lifetime, San Diego residents can expect to gain up to $40K through the energy produced by the system.
Many people in San Diego find that installing a solar panel system allows them to significantly reduce their electricity bills.
In some cases, an individual may have all of their energy needs filled by their system and might not have to pay anything for additional energy.
Some San Diego residents found that their energy bills dropped from about $400 a month to a cool -$16.
Because they have participates in a net metering program, local utility companies pay them for the energy that their solar energy system produces.
*The above figures are just an estimate. Each home is different, has different roof, different utility company and many other differentiations.
San Diego Solar Panel Installation
Installing a solar panel system on your San Diego home’s roof is simpler than you think, and we can help.
Our process of helping you 'go solar' involves 4 easy steps, and in the end, we will connect you with our most suitable and trusted Solar Installer near you San Diego home. Don't worry, it's Free.
So, what should you do?
1. Fill out our online Solar Form. The more information you'll provide about your home, the more accurate and complete your solar quotes will be, and the better a solar installation team can help you.
2. Receive solar quotes. Once you send us your details, you will receive quotes from qualifies installers in San Diego.
It’s highly recommended that you schedule a home visit or two to help your local team make accurate measurements, figure out how you can benefit from solar electricity, and give you the chance to ask more detailed, informed questions on-site.
With accurate information, a solar panel installation team will be able to provide you with accurate quotes, giving you a good idea of installation fees and your potential savings.
3. Select an Installer. After receiving your quotes, asked all the questions and feel comfortable to go ahead and install, you'll need to select your installer.
Talking to installers and understand how they work will help you figure out which one will best suite your San Diego home.
4. Smile, you just went solar. Now you get to relax!
You stand to save each month, you helped your home valuation, and you are helping earth. Really.
Good for you!
San Diego Solar Power Incentives, Tax Breaks and Rebates
Good news. San Diego residents can begin benefiting almost immediately from various tax credits, rebates, and more when they install a solar panel system.
While for California solar power, the state does not offer a state-wide rebate program (this program expired back in 2005), the city of San Diego does offer a few unique programs to help you obtain a solar panel system.
While SDG&E does not offer a rebate for installing a solar panel system, residents have the option of signing up through the Single-Family Affordable Solar Homes Program.
If your income falls under the median family income in San Diego and you live in a home that’s considered affordable housing, you can qualify for a rebate that may cover the entire cost of the system.
This means that your financial situation doesn’t have to be a barrier to all the potential benefits that you can enjoy from solar energy, allowing you and your family to save even more money on your energy bills.
San Diego RPS
California has an amazing renewable portfolio standard, which calls for a certain percentage of their energy production to come from renewable energy means.
By 2033, California hopes to produce 33% of their energy through renewable means.
With utility companies being called upon to help California meet this standard, there’s a lot of incentive for you to adopt solar energy in San Diego.
While there is no specific solar carve-out in California’s RPS, nevertheless, solar is an amazing way for San Diego residents to help California meet their renewable portfolio standards.
San Diego Solar Tax Credits
California does not offer a state-wide tax credit program.
This program ran out back in 2005. However, you will definitely want to take advantage of the incredible 30% Federal Solar Tax credit.
Residents who install a solar panel system before or during 2022 are eligible for the tax credit, which accounts for 30% of the system’s value.
Tax Exemptions in San Diego Solar
All solar panel systems installed in California are subject to a 100% property tax exemption, which is great news considering that a solar panel system may add value onto your property.
Despite the increase in home value that a solar panel system provides, you will not be taxed for the increase.
This property tax exemption is not set to run out anytime soon and can be redeemed throughout the system’s lifespan.
Unfortunately, San Diego nor the rest of California offers a sales tax exemption. You’ll still need to take the price of the sales tax in mind when purchasing your solar panel system.
This is a key departure from many other states, where the cost of the solar panel system is often totally exempt from the sales tax.
Electricity Rates in San Diego
Like most of California, electricity rates in San Diego can run up to $.17 per kilowatt hour of energy. This can be an incredible expense, especially in the summer months.
And as you might imagine, the cost of electricity may increase because of the cost of fossil fuels.
Luckily, you can help combat rising energy costs with your solar panel system in San Diego.
Even if you still need to draw some of your energy from the electric grid, you’ll still be able to benefit from offsetting much of your energy cost with your solar panel system.
San Diego Net Metering
Net metering is a process that involves hooking up your solar panel system to the energy grid. This allows your system’s output to be measured.
If you produce more energy than you need to power your home, you can sell your excess energy back to the utility companies.
San Diego Solar Financing Options: Zero Down Options
For residents in San Diego, obtaining a solar panel system is a great way to help save big on solar energy. However, even with San Diego’s amazing rebate program, it’s not always feasible for everyone to obtain a solar panel system.
San Diego residents also have a number of fantastic financing options to consider.
You may want to consider a solar lease, loan or PPA depending on your unique situation. Consider speaking to a solar installation team to help you decide what may work best for you depending on your situation.
Should you purchase a solar panel system or consider a solar financing option? That depends on you and your unique situation.
Things to consider include the size of the system you’re hoping to install, your financial situation, your credit and what your potential energy savings are projected to be.
A lease is a favorable option for people all over the United States. Solar leases can help you obtain a solar panel system for zero money down.
Through a solar lease, you’ll experience lower electricity bills and may only need to pay on your lease and whatever electricity you do end up drawing off of the grid.
Owning a lease can be a great way to help you benefit almost immediately from solar energy in San Diego.
However, keep in mind that you don’t technically own the solar panel system. As such, you won’t be able to benefit from rebates and tax credits.
But depending on the terms of your lease, you may have the option of purchasing the system after your lease expires, which can be anywhere from 20-25 years, depending on the agreed-upon terms of your lease.
Always consider the cost of the lease. It's a great option to consider.
A solar loan is another fantastic option for a homeowner in San Diego who would like to obtain their solar panel system for almost zero money down.
Many financial institutions are now offering solar loans, due to the incredible possibilities of solar energy and renewable energy production.
Consider your personal credit and your ability to pay on a solar loan before leaping in. Since you’ll technically own the system, you’ll be able to benefit from rebates, tax credits and more as well as all potential savings from producing your own energy.
Many homeowners in San Diego choose to go with Loan, as it require o money down (or very small portion) and you still get to enjoy the rebates and tax breaks available.
Solar PPA in San Diego
For situations where you want to benefit from solar energy but you don’t want to deal with investing in the system or maintaining the system, you may want to consider a solar PPA.
A solar PPA can be a fantastic option for many people. You won’t technically own the system and you won’t be able to benefit from net metering or any potential rebates or credits.
However, you can start saving on your energy bill almost immediately since you’ll be purchasing your electricity almost immediately from the owner of the system.
With San Diego’s warm climate and coastal scene, San Diego is a leader in solar energy production in Southern California.
And with tax credits and programs, some San Diego residents can obtain the system for lower than its listed price, if not for free. But there are plenty of excellent financing options should San Diego residents wish to benefit from the power of the sun without an extensive upfront investment.
Solar leases and PPAs can allow residents to benefit from solar electricity for zero money down while a solar loan can help one obtain a solar panel system without having to pony up $20 thousand dollars initially.
Solar power is a fantastic way to help keep San Diego beautiful and reduce your dependence on the energy grid.