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Wow is electricity really that expensive in CA? Our total expenditure on electricity over 20 years is around 20k. But in CA that site says that their net 20 y

• danans 5y ago
  > Wow is electricity really that expensive in CA? Our total expenditure on electricity over 20 years is around 20k. Electricity in CA currently averages around 28c/kWh. Your total expenditure depends on a lot of things, including the size of your home and your loads. The average CA home probably spends around $2000/year on electricity, but that varies a lot based on location and lifestyle. > But in CA that site says that their net 20 year savings using solar is 44k-60k. That's insane. Their savings alone is 3 times the cost of our entire electric bill... That figure probably assumes increasing electricity prices over the 20 years, which by and large has held true due to both inflation and increasing wildfire liability.
  • nightski 5y ago
    That explains it then, looking at our past few bills it comes out to ~$0.13/kWh. So yeah, we are less than half the average price in CA. Crazy. That would really change the dynamics of how profitable solar is. I've been wanting to get solar myself. In reality our rate is Basic - $23.15 + All kWh @ $.089. So it would be even cheaper if we used more on a per kWh basis.