ALTACITIES TODAY 2.24.18
‘Solar eclipse’ for California HOAs ★ AB-634 What does the average California solar installation cost? SLIDESHOW ▶ https://goo.gl/njrdem ▶ In CA, the total average cost of an installed residential solar (PV) system is about $16,950 for a four-kilowatt system, the average size of a residential installation. But since we are among 182 owners in the unique Cobblestone Canyon (condos) of Trilogy Glen Ivy, it stands to reason the average-capacity system would not meet our needs here. But even if it did and we could reasonably move through the HOA approval hurdles (see attached report), the amortization of such a system seems well beyond reach. Let’s assume a solar system could drop our monthly bills to zero. For 2017, our monthly SCE bills averaged $58.30, or 644.21 for the year. My simple math calculation means it would take 26 years to amortize a $16,950 solar system. Simply observing that this idea is not in the cards at this time even th...