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Los Angeles and Ventura counties are great places to install residential solar power. Thanks to supportive federal, state, and local policies and incentives, the solar market is booming in these areas.
With bright, sunny days throughout the year, it’s understandable that California, and Los Angeles in particular, is a popular place for solar power. Since solar is a relatively new investment, many homeowners don’t know the cost of solar panels in California for their own solar system. That’s why we’ve compiled this solar data for the Los Angeles and Ventura counties to create the Cost of Solar Index for California, which outlines the average cost per region for solar and average system size.
On average, homeowners in these two counties are purchasing solar systems for $15,994. This is the price of solar after federal incentives are applied. Depending on the utility, there may be additional rebates, which will further decrease the cost.
This is the average size of a system in this area, but it is important to note that the size of residential systems varies depending on a home’s roof size and energy needs.
This is the average price per W once federal incentives have been applied to the total cost of the system.
The cost of solar in these counties is lower than the average cost for the entire state. While the average cost of a solar system in the Los Angeles and Ventura counties is $15,994 the California state average cost for solar is $16,298. In addition to federal incentives, residents who fall into the Los Angeles Department of Water and Power service area may be eligible for more rebates, lowering their cost even more.
Customers of the LADWP may be able to receive an additional rebate on the cost of their solar system. The utility has set aside a fund specifically for solar photovoltaics and is awarding rebates to residential customers. As of May 15th, 2015, the residential rebate was $0.30/Watt. This rebate program is scheduled to expire December 31, 2017, or upon reaching their goal for MW of solar installed.