What Does Solar Cost?

The options for a solar energy solution from Aurora Energy blow the competition out of the water. Whether you have cash up front, or prefer a power purchase agreement, your home or business can reap the benefits of sustainable solar energy immediately.

Residential

An average sized residential system for a 2500 square foot home with 2-4 full time residents is sized around 8kW. On average in the Motherlode region, a system of this size will cost between $30,000 – $38000 depending on if it is a cash deal or if it is financed through a solar lender. We recommend that all of our clients find funding sources independently whenever possible to save on the cost of your solar installation. That being said, we do have financing available.

Don’t be discouraged by the price tag. Consider instead the rising cost of energy and look at the comparison.

Your monthly bill may be between $250-$600 a month now but with an average increase of 3.8% (which is actually a low estimate), You’ll be looking at between $450-$100 a month within 10 years.

OR

You could REPLACE your PGE bill completely with a solar power payment of $225 a month – have it paid off in 7 years, and never have another power payment after that for another 20 years!  Think about the monthly savings and how you could put that to work for your family, your business, your retirement, your dream vacation, etc. 

And don’t forget about the tax credits!! in 2020, the tax credit is 26%, that means you would get a credit of $9880 on a $38000 solar system investment. You can take the credit against your taxes in 2021 OR apply it over 5 years if you don’t have enough of a tax liability to take it all in one year.

BONUS:

You can also take the 26%  tax credit on your new roof, HVAC, Electrical, New windows or anything else related to improving the energy efficiency of your home / property when you do it at the same time as solar. That can save you THOUSANDS on those necessary home improvement projects!

In 2021, the tax credit is reduced to 22%

In 2022 – the residential tax credit is no more!!

 

Commercial 

Average sized Commercial Solar Installations in the Calaveras, Tuolumne, Stanislaus, Amador, and El Dorado county regions run between 25-200kw in size and can be higher for businesses with large manufacturing, tourism (casinos / hotels), agricultural or other large scale power applications.

Your monthly Power bill may be between $2500-$25000 a month now, but with an average increase of 3.8% (which is actually a low estimate), You’ll be looking at between $4500-$40,000 a month within 10 years.

OR

You could REPLACE your PGE bill completely with a solar investment of $200,000 (on 50kw system) – have it paid off in 7 to 10 years, and never have another power payment after that for another 20 years!  Think about the monthly savings and how you could put that to work for your  business, your cashflow, your retirement or healthcare or team growth options! Increased Cash Flow = FREEDOM and  GROWTH for your organization!  Plus it increases your building and business valuation immediately.  

And don’t forget about the state and federal tax credits for commercial solar and energy storage systems!!

  • In 2020, the tax credit is 26% and the standard state credit is 8%
  • Then there are Energy Storage System Credits
  • AND finally there are accelerated depreciation credits. This means you can take the entire depreciation in year 1 instead of spreading it out like other capital improvements.

BONUS

Did you know you can also take the tax credits on any related green energy improvements – like a roof, a structure to house the solar, new windows, electrical, new appliances, HVAC, etc.

In 2021, the tax credit is reduced to 22%

In 2022 – the commercial credit is reduced to 10%

In Summary 

The real question is NOT “What does solar cost?” But “What is the cost of NOT switching to solar power as soon as possible for my home or business?”  and  “How much savings will I miss out on by not taking advantage of the available tax credits now?” 

The answer is thousands of dollars in lost REAL savings, value, and increased property value.

It can mean the difference between paying off your home and debts faster, hiring the new crew you need to expand your business, taking a much needed vacation OR retiring early with enough to be comfortable for your family and goals.

You can pay $4000-6000  a year  for 25 years ($125,000) or $32,000 one time – have it paid off in 8 years, and never pay another penny for the next 20 years. 

The question I always ask is “Why would you give up free money? Do you like paying more than you have to, to a bankrupt energy monopoly?” 

The California energy crisis is NOT the responsibility of the residents and commercial business owners to pay for and fix – it is the result of a corrupt energy valuation system and inept politicians who actually incentivize utilities NOT to provide enough power or maintain the grid adequately. Stop paying for the greed and terrible resource mismanagement and start strengthening your own legacy instead.  

Take control of your costs. All you have to do is call us at 877-44-SOLAR 

Do you want to learn more about solar?

Reach out to one of our expert staff members to learn more about how you can save money with solar.

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