With PG&E electricity bills averaging over $216 in Davis and Time-of-Use rates spiking on hot summer afternoons, many homeowners are looking to solar for relief. But since the 2023 shift to Net Billing (NEM 3.0), the game has changed. Going solar is no longer just about panels; it's about pairing them with a battery to achieve true energy independence and protect your investment.
Benchmark Cost Analysis
How Much Does a Solar + Battery System Cost in Davis?
To truly offset PG&E's high rates, a solar and battery storage system is the new standard. While a solar-only installation might seem cheaper upfront (around $8,050 after credits), its savings are drastically cut by NEM 3.0's low export rates. That's why most Davis homeowners are now opting for a combined system.
- Gross System Cost (Solar + Battery): Approximately $23,500
- Federal Tax Credit (30%): -$7,050
- Your Net Cost in Davis: $16,450
This investment secures your energy during peak-rate hours and provides reliable backup power, making it a smarter long-term financial decision than panels alone.
Incentives & Tax Credits
Davis Solar Incentives and Tax Credits (2026)
The primary financial incentive is the 30% Federal Residential Clean Energy Credit, which immediately reduces your system cost by thousands. In California, you also benefit from:
- Property Tax Exemption: Your home's value will increase, but your property taxes won't, thanks to the Active Solar Energy System Exclusion.
- Financing Options: Many installers offer financing that results in a monthly payment lower than your current average electric bill.
Net Metering: Pacific Gas & Electric (PG&E)
NEM 3.0 (2023)
Critical 🔋
Understanding PG&E's Net Billing (NEM 3.0)
The biggest hurdle for solar in Davis is NEM 3.0. Under this policy, the excess energy you send back to the grid is credited at a very low "avoided cost" rate, often just 5-8 cents per kWh. This is a massive drop from the old retail rates. A battery solves this problem. Instead of exporting cheap power, you store it and use it yourself, maximizing the value of every kilowatt-hour your panels generate. Without a battery, your payback period stretches, and your monthly savings shrink significantly.
Projected Savings
Real Savings with a Battery Under NEM 3.0
A typical Davis household can expect to slash its annual PG&E bill by around $1,678 with a solar and battery system. This strategy works by storing the clean energy your panels produce during the day—when PG&E's export credits are low—and using it to power your home during the evening peak, when electricity is most expensive. The payback period for this kind of system is about 9-10 years, after which you enjoy decades of nearly free power. The Central Valley's ample sunshine, delivering 5.98 kWh/m² daily, ensures your system performs reliably year-round.