As of 2024, the average cost of commercial solar panels in California is $2.50 per watt, or $2,500 per kilowatt. This translates to a cost of 10-15 cents per kilowatt hour (kWh) for businesses.
According to the California Public Utilities Commission, the levelized cost of energy (LCOE) for commercial solar panels in California is around 8-12 cents per kWh in 2024.
A recent study by the National Renewable Energy Laboratory found that the cost of commercial solar energy in California has fallen to as low as 7-10 cents per kWh in 2024, making it a competitive option for businesses.
Use our solar panel cost calculator to estimate the cost of commercial solar panels in California. Based on 2024 data, the average cost per kWh is around 11-14 cents for businesses.
The Solar Energy Industries Association reports that the commercial solar market in California is expected to continue growing in 2024, with costs falling to around 9-13 cents per kWh.
As a leading solar panel manufacturer, SunPower offers commercial solar panel installation services in California. Our systems can help businesses save up to 20% on their energy bills, with a cost per kWh of around 10-12 cents in 2024.
The U.S. Department of Energy provides information on solar energy incentives in California, including the Solar Investment Tax Credit (ITC). In 2024, businesses can claim a tax credit of up to 30% of the total cost of a commercial solar panel system, reducing the cost per kWh.
Watch our video to learn more about the cost of commercial solar panels in California compared to the national average. In 2024, California businesses can expect to pay around 10-15 cents per kWh, which is lower than the national average.