Market Overview
Los Angeles commercial electricity rates average $0.18/kWh with LADWP and SCE serving different areas. 245,000 businesses face rising energy costs with limited alternatives to solar.
Solar Adoption Trends
LA has 587 MW of commercial solar installed with 25% annual growth. Leading sectors include warehouses, offices, and retail. Average system size is 350 kW.
Local Incentives
LADWP offers $0.30/watt solar rebates and feed-in tariff programs. LA County PACE provides 100% financing. Expedited permitting reduces timeline by 30%.
Future Projections
Rates projected to increase 5-7% annually. Solar adoption expected to triple by 2030. Battery storage becoming standard for demand charge management.
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Written by
Promise Energy Team