Knowing the average electric bill is generally a good reference point when you’re comparing your consumption with other San Diego homeowners or when you’re making financial projections for going solar. An average San Diego household will spend around 500 kWh, which is a lot more than the SDG&E baseline allowance. The price of kWh varies, but a California average is a little over 19 cents. That means that an average San Diego household spends roughly $95 – $130 on electricity a month.
Even though California spends 30% less on average on residential energy than other states, electricity rates are among top 10, if not top 5, highest in the nation. You can sign up for My Account on SDG&E website and get access to account information for the past 25 months. There you can gain insight into your household consumption and the steady increase of electric rates. (One of the most staggering examples of rate increase was in 2013, when some SDG&E customers got a 40% rate hike.)
How can going solar help you reduce your average electric bill?
Reduce your reliance of fossil fuel and utility electricity by starting your solar project now. Depending on the size of your installation and some home-related factors, you could bring your electricity bill down to zero (or minimum charge). You could even push it back to negative. Let’s see how that works with some average example.
A household with a $130 average electric SDG&E bill installs a $10,000-worth solar panels system. Looking by their former bills, their system pays off in around 6 years. After that, they continue enjoying clean energy their panels produce and pay nothing to the grid. The warranty on solar panels lasts between 25 and 40 years, which means your system could pay off in a quarter of the warranty lifetime or even less.
Of course, this is a simplified example. In reality, a reputable solar installer like Action Solar, would first give you a free home energy performance analysis to understand your household’s energy needs. Next, the installer would analyze your home’s potential for a solar panel system, taking into account factors like home orientation, amount of direct sunlight, etc.
Finally, let’s not forget that SDG&E rates are not going down. With their steady increase, your savings would only add up.
Interested to learn about your home’s potential for solar?
Would you like a free estimate for your solar project? You would get insight that would give you an idea of what your average SDG&E bill could look like with some solar panels up at your home. Call us and schedule your free estimate!