Le Lézard
Classified in: Oil industry
Subject: SVY

2017 Cost of Solar Index for Each California Region - A Solar to the People Study



SAN DIEGO, Oct. 5, 2017 /PRNewswire/ -- While residential solar has continued to grow across the US, California has maintained its position as the largest home solar market in the United States. Despite increasing adoption, the market for home solar remains confusing to many homeowners, especially when it comes to system pricing.

To help shine light on regional solar pricing across the state, Solar to the People has released its second annual study on the regional cost of solar in California.

Average cost of installing solar in California, first six months of 2017, after federal incentives:

1) Central Coast - $15,939 - $3.07 / watt

8) Sacramento - $19,506 - $3.10 / watt

2) San Francisco Bay Area - $17,050 - $3.34 / watt

9) Central Valley - $20,153 - $3.01 / watt

3) San Diego - $17,224 - $3.02 / watt

10) San Bernardino / Inland Empire - $20,418 - $3.09 / watt

4) North Coast - $17,831 - $2.88 / watt

11) Central Sierra - $20,447 - $3.10 / watt

5) Sonoma / Napa / Solano Counties - $18,032

- $3.34 / watt

12) Redding and Shasta / Cascades - $20,854 - $2.90 / watt

6) Los Angeles / Ventura Counties - $18,298

- $3.15 / watt

State Average - $18,680 - $3.09 / watt

7) Orange County - $18,412 - $3.12 / watt


Key study findings:

- Solar cost per installed watt continues to drop in California over the past three years, but at the same time homeowners have purchased larger systems, keeping overall prices paid for an installation relatively stable.

- Overall average cost of home solar across the Golden state was $18,860, including incentives.

- Overall average costs were shockingly stable over the past three years, increasing 0.2% from 2016 ? 2017, and 1.0% from 2015 ? 2017.

- The lowest price paid for solar installations overall was seen in the Central Coast, where installations averaged $15,939.

- The highest cost area was Redding and Shasta / Cascades, where homeowners saw average installation costs of $20,854.

- The average cost of solar on a per watt basis, was $3.09, including federal incentives.

- This level represented a 3.3% drop from 2016, and a 8.3% drop from 2015 - so homeowners are paying less per unit of solar generating capacity each year.

- The North Coast paid the lowest per watt cost in the state, at $2.88 / watt.

- The San Francisco Bay area and Sonoma / Napa / Solano Counties paid the highest rates per watt of installed solar in the state at $3.34 / watt.

- Residential installations have increased in size to a state average of 6.1kW (6,100 Watts).

- These sizes were a 4% increase from 2016, and a 10% over 2015 sizes.

- The smallest installations were seen in the San Francisco Bay area, at 5.1 kW.

- The largest installations were seen in the Redding and Shasta / Cascades regions at 7.2 kW.

Solar to the People's ongoing study on the cost of solar in California aims to provide more transparency to the solar marketplace in California. The underlying data for this study is drawn from the currently interconnected data set published on the California DG Stats website, the official reporting platform for the State of California's California Solar Initiative.

Solar to the People is a solar information platform that aims to provide independent analysis and information on the solar industry for homeowners, solar installers and policymakers.

 

SOURCE Solar to the People


These press releases may also interest you

20 oct 2017
QUÉBEC, Oct. 20, 2017 /CNW Telbec/ - The Quebec Oil & Gas Association applauds the government's decision to extend the comments period for the new regulations. These regulations, the first modern ones in Quebec governing oil and gas, are...

20 oct 2017
/THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT AUTHORIZED FOR DISTRIBUTION TO THE UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./ VANCOUVER, Oct. 20, 2017 /CNW/ - San Angelo Oil Limited ("San...

20 oct 2017
ATLANTA, Oct. 20, 2017 /PRNewswire/ -- PowerSecure, a subsidiary of Southern Company, has been awarded a contract by the U.S. Army Corps of Engineers (USACE) for additional support to repair the power grid in Puerto Rico....

20 oct 2017
COLUMBUS, Ohio, Oct. 20, 2017 /PRNewswire/ -- American Electric Power (NYSE: AEP) has scheduled a quarterly earnings conference call with financial analysts at 9 a.m. EDT Thursday, Oct. 26. The call will be broadcast live over the internet at...

20 oct 2017
EDMONTON, Oct. 20, 2017 /CNW/ - ZCL Composites Inc. (TSX:ZCL) has scheduled an investor conference call for 9:00 am MT (11:00 am ET) on Friday, November 3, 2017 to discuss its financial and operating results for the third quarter ended September 30,...

20 oct 2017
LAS VEGAS, Oct. 20, 2017 /PRNewswire/ -- AkzoNobel introduced today the next evolutionary advancement in print technology at METALCON 2017 with the release of CERAM-A-STAR Expressions, an innovative textured finish that engages the senses with the...




News published on 5 october 2017 at 11:47 and distributed by: