Beatrice Lang
Granite Bay, California, sources its energy from solar power, natural gas, hydroelectric, wind, and nuclear energy. Solar power is the largest source of electricity in Granite Bay, providing 48% of the city's energy. The average residential electricity rate in Granite Bay is 30 ¢/kWh, which is higher than the average electricity rate in California. The average electricity bill in Granite Bay is $477 per month, which is 17% higher than the national average. PG&E, or the Pacific Gas & Electric Company, delivers energy, maintains lines, and sends bills to Granite Bay residents. Pioneer Community Energy is another energy provider in the area, offering competitive rates, reliable service, and a choice in energy options.
| Characteristics | Values |
|---|---|
| Average Electricity Bill | $477 per month |
| Average Electricity Rate | 30 ¢/kWh |
| Average Monthly Usage | 936 kWh |
| Average Annual Usage | 11232 kWh |
| Average Annual Bill | $3,360 |
| Sources of Electricity | Solar, Natural Gas, Hydroelectric, Wind, Nuclear |
| Largest Source of Electricity | Solar (48%) |
| Second-Largest Source of Electricity | Natural Gas (22%) |
| Electricity Provider | Pioneer Community Energy |
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What You'll Learn
Granite Bay's energy sources
Granite Bay, California, sources its energy from a mix of solar power, natural gas, hydroelectric, wind, and nuclear sources. Solar power is the largest source of electricity in Granite Bay, providing 48% of the town's energy. This is followed by natural gas at 22%, hydroelectric power at 16%, wind power at 8%, and nuclear power at 6%.
The average residential electricity rate in Granite Bay is 30 ¢/kWh, which is higher than the average rate in California and the national average. This translates to an average electricity bill of $477 per month, or $280 per month according to another source, which is also higher than the national average.
To help reduce electricity costs, residents of Granite Bay can take advantage of net metering policies. This allows homeowners with solar panels to send excess electricity back to the grid and receive credit on their next bill. Installing solar panels can also help reduce electricity costs and break even on investment in 5.54 years. Pioneer Community Energy, the electricity provider in the area, offers a Green100 rate that provides 100% renewable energy to customers who opt for it. PG&E delivers the energy, maintains the lines, and handles billing for Pioneer Community Energy.
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Average electricity costs
The average electricity bill in Granite Bay, California, is $280 per month, or $3,360 per year. This is 17% higher than the national average electric bill of $2,866. The average electric rates in Granite Bay cost 30 ¢/kilowatt-hour (kWh), meaning the average customer uses 936 kWh of electricity per month and 11,232 kWh over the year. Over the next 25 years, Granite Bay residents can expect to pay $181,700 on electric bills.
The average residential electricity rate in Granite Bay is 0% higher than the average electricity rate in California (30 ¢/kWh compared to 29.91 ¢/kWh). This rate is 45% higher than the national average of 21 ¢/kWh. Residential rates in the U.S. range from 6 ¢/kWh to 71 ¢/kWh, depending on location, power plant type, and time of day or year.
There are several ways for Granite Bay residents to save money on their electricity bills. One way is to install solar panel systems, which can reduce or eliminate monthly electric bills. The amount saved with solar depends on how much electricity is being used and how much of the bill can be offset with solar. Based on the intensity and amount of sunlight hours in Granite Bay, the average electricity customer will need a 6.2 kW solar panel system to offset 100% of their annual electricity consumption of 11,232 kWh per year. On average, solar shoppers in Granite Bay pay $14,000 for a 6.2 kW solar panel system prior to incentives. With an annual increase in electricity prices of 5.9% and a $0-down loan, residents can expect to save $3,400 in the first year, $18,900 over five years, $44,100 over 10 years, and $122,300 over 20 years. On average, it will take 5.54 years to break even on a solar investment in Granite Bay. Net metering policies in Granite Bay allow solar panel owners to send excess electricity back to the grid and receive credit on their next bill.
For renters or those unable to install solar, another option is to subscribe to a community solar farm, which typically saves 5-15% in electricity costs over the year. Pacific Gas & Electric (PG&E) offers several different electricity rates for residential customers and provides rebates for homes. PG&E's Family Electric Rate Assistance (FERA) program offers an 18% discount for 1 and 2-person households that meet income guidelines.
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PG&E rates and rebates
The Pacific Gas & Electric Company (PG&E) provides electricity to Granite Bay, CA. PG&E offers varying electricity rates for residential customers. The average residential electricity rate in Granite Bay, CA, is 30 ¢/kWh, which is higher than the average electricity rate in California of 29.91 ¢/kWh. On average, Granite Bay residents spend about $280 per month on electricity, which is 17% higher than the national average.
PG&E rates are flexible and based on actual sales. PG&E's profits do not depend on how much energy is sold, and the company is incentivized by the state to encourage customers to use less energy. PG&E offers several programs to help customers save on energy costs, such as the Energy Savings Assistance Program. Customers can also get a custom rate analysis based on their past 12 months of energy usage data.
PG&E offers rebates and incentives for customers to reduce their energy costs and promote electrification and a more sustainable lifestyle. Here are some examples of PG&E rebates:
- Income-eligible households can receive a $700 rebate on EV charging equipment installed in their homes.
- A $300 rebate is available for adding a portable backup power system to your home.
- PG&E's Rebate Plus program offers a $1,000 rebate for purchasing a used EV or PHEV, and customers can save up to $4,700 with this program.
- Customers can enroll in PG&E's time-of-use (TOU) electricity rate programs to benefit from discounted rates for off-peak EV charging.
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Solar power savings
Solar power is the largest source of electricity in Granite Bay, California, providing 48% of the city's energy. The average electricity customer in Granite Bay uses 936 kWh of electricity per month, which amounts to $280 per month or $3,360 per year. This is 17% higher than the national average electric bill.
Solar power can help Granite Bay residents save money on their electricity bills. The amount you can save depends on how much you spend on electricity now and how much of your electric bill you can offset with solar. Based on the intensity and amount of sunlight hours in Granite Bay, the average electricity customer will need a 6.2 kW solar panel system to offset 100% of their annual electricity consumption of 11,232 kWh per year.
On average, it will take 5.54 years to break even on your solar investment in Granite Bay. After that, you may not owe anything on your electric bills. For example, assuming an annual increase in electricity prices of 5.9% and that you install your system with a $0-down loan, you can expect to save $3,400 in the first year, $18,900 over five years, $44,100 over 10 years, and $122,300 over 20 years. If you pay for your system in cash, you can save about $202,324 over 25 years (the warranty term of most solar panels) with a 5 kW system.
There are also incentives and rebates available to help reduce the cost of solar installations in Granite Bay. At a minimum, solar installations are eligible for a 30% federal solar tax credit. This incentive allows you to apply 30% of your solar installation and equipment costs toward your federal tax bill. Many states also offer local incentives and rebates, and PG&E offers rebates for your home.
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Pioneer Community Energy
Pioneer procures the energy, while PG&E delivers the energy, maintains the lines, and sends the bills. Pioneer customers are projected to save almost $38 million in 2025 just for being Pioneer customers.
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Frequently asked questions
Granite Bay's energy comes from solar power, natural gas, hydroelectric, wind, and nuclear sources. Solar energy is the largest source of electricity in Granite Bay, providing 48% of the city's energy. PG&E (Pacific Gas & Electric Company) delivers energy, maintains lines, and sends bills to customers in Granite Bay. Pioneer Community Energy is another energy provider in the area, offering 100% renewable energy to those who opt for it.
The average residential electricity rate in Granite Bay, CA, is 30 ¢/kWh, which is higher than the average electricity rate in California (29.91 ¢/kWh) and the national average rate (21 ¢/kWh). On average, residents spend about $280 per month on electricity, which adds up to $3,360 per year.
Residents can save money on their electricity bills by using less electricity or reducing the cost of their electricity. Installing a solar system is one way to reduce costs, as it can help offset the amount of electricity consumed from the grid. With net metering policies, solar panel owners can also receive credits on their bills when their panels generate more electricity than they use and send the excess back to the grid. Additionally, energy providers like Pioneer Community Energy offer competitive rates and incentives to help customers save money.
