Key Stats (San Diego / California)
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High electricity-rates = strong solar ROI in San Diego
In the San Diego region, most residents served by San Diego Gas & Electric (SDG&E) face rates around 45.5 ¢/kWh in 2023. Palmetto
That’s significantly higher than the California average (~29.5 ¢/kWh) and national average (~16 ¢/kWh). Palmetto
Because solar offsets high retail rates, the pay-back period for solar + storage systems in San Diego tends to be relatively short. -
California leads in solar adoption and capacity
California has installed upwards of ~46,874 MW of solar capacity, enough to power roughly 13.9 million homes (statewide) in recent reports. Forbes
The state also has over 2,300 solar-industry companies (installers, manufacturers, developers) across the value chain. Forbes -
Growth is strong, but near-term headwinds exist
Nationally, the industry is expected to add about 43 GW dc per year through 2030 in a base-case outlook. SEIA
In San Diego/California, because the market is further along, continuing growth will rely more on storage, grid integration and upgrades rather than purely new installations.
Get a quote now because many incentives (such as the 30 % federal tax credit) may begin to shift.” & highlight the risk of waiting.