Project Specifications
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LocationNewport Beach, CA
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Budget$10,000 - $25,000
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Year2020
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Turnaround2 months
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Panel BrandHyundai
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Inverter BrandSolarEdge
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System Size5.18
About This Project
Thinking about going solar in Newport Beach, CA?
In the last few years, solar technology has rapidly advanced. As a result, homeowners can get higher efficiency systems for significantly cheaper than ever before. In fact, solar is now considered the most affordable form of energy in history. This coupled with the sunny climate and high utility rates in Newport Beach make going solar a no-brainer!
Newport Beach gets an average of 277 sunny days per year, 72 more days than the national average of 205. That’s more than 10 weeks of sunny weather in comparison! Homes in the area with solar systems can take advantage of the weather to get higher efficiency and better savings.
The average residential electricity rate in Newport Beach is 15.98¢/kWh, 4.17% greater than the California average rate of 15.34¢/kWh. This is 34.51% greater than the national average rate of 11.88¢/kWh, which ranges from 8.37¢/kWh to 37.34¢/kWh. In short, Newport Beach residents pay much more for their electricity than most people across both the state and country.
It makes sense, then, that it only takes an average of 6 years for solar systems in Newport Beach to completely pay for themselves. For context, the national average is over 8 years for a 5kW system! This translates to over $50k in savings over 20 years.
Convinced about going solar in Newport Beach, CA? Then reach out to our solar experts to get started today!
Want to explore more solar projects in your area? Take a look at our interactive Project Map!