$204
626 kWh
265 lbs
Average solar panel installation
$13,909Federal Incentives
$4,173Total
$9,736
Average monthly bill without solar
$204Average monthly bill with solar
$0Solar will pay for itself in
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The estimated cost to install solar at your house is $13,909. We calculated this because we think your electricity usage for the year is about 7510 kWh, and a 4.55 kW size solar system on your roof would replace 100% of your usage. We are using an estimated cost of $4.62/W, which we get from Tracking The Sun.
The current electricity costs for Southern California Edison Co are 33¢/kWh. So, by replacing 100% of your usage, you’ll save $2,454 throughout the year. If the costs of electricity stay the same, then your savings will pay for your solar system in 5.67 years. If the costs of Southern California Edison Co electricity rise 3%, then your savings will pay for your solar system in 5.50 years.
Solar installed at your house would generate different amounts of electricity during different months. We estimate that your production would vary from a high of 690 kWh in August, to a low of 530 kWh in February. For the entire year, we estimate that your 4.55 kW sized system would produce 7510 kWh.
You are eligible for a federal tax credit equal to 30% of the cost of your solar system, or $4,173. The state of California generally uses Full Retail Rate and Energy Export Credit Rate for net metering. This means that when you produce more electricity than your house uses, the utility will pay you Full Retail Rate and Energy Export Credit Rate for the extra electricity.
From Department of Energy Data, it looks like 127 homes have installed solar panels in your zip code, 93036. In your city, Oxnard, 513 homes have installed solar panels. And in the state of California, 331,810 homes have installed solar panels.
There are 41 solar installers that operate in California. WattBuy recommends RGR Marketing, AMECO Solar, Sunrun, EnergySage, Solar America, NRG Clean Power, Modernize, and Palmetto.
Using this data-driven approach, we have created a machine learning model that can estimate electricity usage and carbon footprint for every home in the US. We then use this information to recommend the best options for you, so you can feel good that WattBuy is recommending something truly personalized.
Our electricity estimations are trusted by our partners at The Department of Energy's National Renewable Energy Laboratory, as well as many of the biggest consumer brands in the world.