The average price for residential solar lease/PPAs in California in June declined 6.3% to $4.95/Watt versus $5.28 in June of 2015. Lease/PPA prices have been below $5.00 for the last three months. Prices for purchases were approximately flat year-over-year.
The following chart presents the average price per watt for lease/PPAs and purchases through June.
Riverside County had the lowest lease/PPA price at $4.83 and Solano County had the highest at $5.39.
This analysis was based on data from the California Solar Initiative using the Net Energy Metering Interconnection dataset and the App Approved date. This accounts for an estimated 85% of all installations in California.
For an interactive database on projects and pricing (where available) by installer, city and zip code visit Solar Leaderboard Interactive Dashboard.
For news and updates, visit solarleadboard.com, the leading source for solar market data and competitive analysis.
Author: Casey Anderson
Casey is a Research Analyst at OhmHome and leads the company’s collection and analysis of residential solar data. OhmHome’s mission is to be the most consumer-centric source of independent information for homeowners interested in purchasing solar.