Cali Energy research · Value of solar output

What Was LA Home Solar Output Worth? Measured kWh per kW at Published LADWP and SCE Rates, 2020–2026

At the average price homes paid, a kilowatt of Los Angeles rooftop panels produced about $445 worth of SCE electricity in 2024 and $370 worth of LADWP electricity in 2025. That counts every kilowatt-hour at the full retail price. How much of the output a bill actually credits at retail depends on the rules. In homes we meter, about 94% of a year’s output cancelled a purchased kilowatt-hour within LADWP’s two-month bill, and 96% over the year on SCE’s NEM 2.0. Under SCE’s Net Billing Tariff only the part used at home counts at retail, a median 38% without a battery and 52% with one.

Updated October 15, 2026 · Data through September 2026 · Cali Energy research team · CSLB #1032379 · verify license

$445
Retail value of a kW’s output, SCE, 2024 (upper bound)
$370
Same, LADWP, 2025
94%
Output that cancels a purchase within LADWP’s two-month bill, home without a battery
38%
Output used at home and so valued at retail on SCE’s Net Billing Tariff, no battery
SCE’s kWh got dearerA kW’s output at SCE’s average price: $274 in 2020, $445 in 2024, though the panels made less.
LADWP rose less$310 in 2020, $327 in 2024 and $370 in 2025.
Netting does most of the workWith LADWP-style netting about 94% of output counts at retail; used at home alone, 44%.
Net billing changes the mathOn SCE’s Net Billing Tariff a kW without a battery was worth roughly $206–$267 a year, against up to $444 on NEM 2.0.

A kilowatt’s output at the retail price

Median kWh per kW of our fleet that year times the utility’s average residential price.

Retail value of one kW’s yearly output, SCE and LADWP
SCELADWP
Retail value of a kilowatt's yearly output, SCE and LADWP, 2020 to 2024SCE from $274 to $445; LADWP from $310 to $327.$0$100$200$300$400$500$2742020$3332021$3862022$4542023$4452024
Bars: SCE. Line: LADWP. Upper bound: every kWh valued at the utility’s average residential price.
Measured output and its retail value, per kW of panels
YearkWh per kW (median, our fleet)SCE average priceSCE value per kWLADWP average priceLADWP value per kW
20201,50318.22¢$27420.63¢$310
20211,56021.33¢$33321.19¢$331
20221,56824.62¢$38622.24¢$349
20231,40432.33¢$45422.99¢$323
20241,37332.43¢$44523.84¢$327
20251,396——26.48¢$370
Prices: EIA Form 861, revenue divided by sales for full-service residential customers, as compiled in our California electricity rate history. EIA’s 2025 early release does not include SCE. Output: median complete system-year on two monitoring platforms that year.

Over 2020–2024 one kilowatt’s output added up to about $1,892 at SCE’s average prices and $1,640 at LADWP’s. For a 6 kW system, six times that: roughly $11,400 and $9,800 over five years, as an upper bound. The two utilities started close together: in 2021 the value was almost the same. Then SCE’s average price jumped from 18.22¢ in 2020 to 32.43¢ in 2024 while LADWP’s moved from 20.63¢ to 23.84¢. Output per kW, meanwhile, was lower in 2023–2025 than in 2020–2022, partly because those years were less sunny; see real-world solar production in Los Angeles.

How to cite: Cali Energy, “What Was LA Home Solar Output Worth?,” updated October 15, 2026, https://cali-energy.com/research/solar-output-value-ladwp-sce-rates-los-angeles. Aggregated data are free to use under CC BY 4.0 with a link to this page.

How much of the output counts at retail

Homes we meter, latest 12 months (mostly October 2025 – September 2026), median home.

Share of a year’s solar output that cancels a purchased kWh, by netting rule
HomesNumberUsed at home (Net Billing Tariff)Netted each monthNetted every two months (LADWP)Netted over the year (SCE NEM 2.0)
LADWP, no battery4844%92%94%100%
SCE, no battery4438%83%85%96%
SCE, with battery1552%87%89%95%
Used at home: solar the house consumed directly (or through its battery). Netted: plus exports that offset purchases within the period. 7 LADWP homes with batteries are too few for their own row.

Netting is what makes most of the output count. A typical LADWP home used 44% of its solar as it was made; the rest went to the grid, but within a two-month bill nearly all of it cancelled kilowatt-hours bought at night or in winter, so 94% of the output counted at retail. Over a whole year the median home bought more than it exported, so annual netting would count all of it; 16 of the 48 LADWP homes exported more than they bought, and their surplus earns a credit LADWP never pays out (LADWP net metering explained).

On NEM 2.0, SCE nets exports against purchases over the year at time-of-use prices; applied to the SCE homes we meter, that counts 96% of output for the median home, though non-bypassable charges are still paid on each hour’s net use. On the Net Billing Tariff an export is credited at an hourly export price instead: only the 38% used at home counts at retail, or 52% in homes with a battery (how SCE solar billing works).

What that meant per kW, latest year

At the latest EIA average prices.

Approximate retail value of one kW’s output under each rule, latest 12 months
Home and rulekWh per kW (median)Counts at retailApproximate value per kW a year
LADWP, two-month netting1,41294%$352
SCE, NEM 2.0, annual netting1,43596%up to $444
SCE, Net Billing Tariff, no battery1,43538%$206–$267
SCE, Net Billing Tariff, with battery1,46152%$267–$316
Retail: LADWP 26.48¢ (EIA, 2025), SCE 32.43¢ (EIA, 2024; SCE puts its own 2026 average at 34.4¢). Net Billing Tariff exports valued at 3¢ (a winter-day export credit) to 10¢ (a summer-day credit plus the largest bonus credit, for 2023 starts), from SCE’s published averages. NEM 2.0 before non-bypassable charges.

On these assumptions a kilowatt was worth about $352 a year at LADWP and up to $444 on SCE’s NEM 2.0, but $206–$267 on SCE’s Net Billing Tariff without a battery and $267–$316 with one. The battery raises the share used at home, which is where a net-billing kilowatt-hour earns the retail price; how much it can shift each day is measured in whether a 13.5 kWh battery is too big, and how much solar a home uses in how much solar a home actually uses.

Methodology

Output
Median kWh per kW of complete system-years on Enphase and SolarEdge monitoring each calendar year, as in the production benchmark.
Prices
EIA Form 861 average residential price (revenue divided by kWh sold) for SCE and LADWP full-service customers, as compiled in our rate history; years without a published figure are left blank.
Netting shares
114 homes with an Enphase consumption meter and a known utility, last 12 complete consecutive months. Monthly flows: production, export, import. Netting adds, within each period, the smaller of export and import to what the home used directly. Two-month periods start with the first month of the window, so they may not match each home’s billing cycle.
Net Billing Tariff
Exports valued at 3–10¢ per kWh, a range from SCE’s published average export credits and bonus credits; actual credits vary by hour, season and start year.
Limits
Upper bounds and approximations.

Frequently asked questions

How much is the electricity from 1 kW of solar worth in Los Angeles?

At the average residential price, a kilowatt’s yearly output was worth about $445 on SCE in 2024 and $370 on LADWP in 2025. That counts every kWh at retail; what a bill credits depends on the tariff.

Why is a kWh of solar worth more on SCE than on LADWP?

Because SCE’s average residential price is higher: 32.43¢ against LADWP’s 23.84¢ in 2024 (EIA). On SCE’s Net Billing Tariff, though, exports earn a few cents rather than retail.

How much of my solar output does LADWP credit at the full price?

In the LADWP homes we meter, about 94% of a year’s output cancelled a purchased kWh within the two-month bill. Exports beyond your use become a credit LADWP does not pay out.

What share of solar counts at retail on SCE's Net Billing Tariff?

Only what the home uses itself: a median 38% without a battery and 52% with one in the SCE homes we meter. Exports earn hourly export credits.

More research

Next steps

Want the numbers for your own bill?

Prepared by Cali Energy, October 15, 2026. Figures describe systems in our monitoring fleet and are not a guarantee of what any specific roof will produce; orientation, tilt, shade, equipment and weather change results. Not engineering, financial or utility advice. See our Content Disclaimer.