Is Solar Worth it in West Covina?
Homeowners in West Covina sit in the "Solar Sweet Spot." You have high electricity rates (30.8¢) combined with excellent southern sun exposure. This combination maximizes ROI faster than almost anywhere else in the country.
Homeowners in West Covina are currently paying an average of 30.8 cents per kWh. Solar is a "No-Brainer" investment in California right now. With a payback of under 5 years, the returns drastically outperform the S&P 500 average.
With the Federal Solar Investment Tax Credit (ITC) currently set at 30%, a typical 6kW to 10kW residential system in the 91790 area can typically pay for itself in just 4.5 to 9 years. After this "break-even" point, your system generates effectively free electricity for the remainder of its 25-year lifespan.
Key West Covina Statistics
- Avg Rate: 30.8¢ / kWh
- Sun Exposure: High (Southern US)
- Est. Payback: 4.5 Years
- Incentive: 30% Federal ITC
State Incentives for CA
Beyond the federal credit, residents of West Covina should check for local net metering policies offered by their specific utility provider. These policies determine how much you get paid for sending excess energy back to the grid.