Fresno, CA
Electrification ROI based on PG&E rates and local rebates
Population: 542,000•Climate: hot•Electric: $0.268/kWh•Gas: $1.75/therm
Best Upgrade
Solar Panels
5.7 years • 207% ROI
Annual Savings
$3,027/year
Full electrification
Total Incentives
$23,700
Federal + utility rebates
Visual ROI Analysis
Payback Period Comparison
Lower is better • Shortest payback = fastest return on investment
Annual Savings Comparison
Higher is better • More annual savings = greater long-term benefit
Cumulative Net Savings Over Time
Point where line crosses $0 = payback achieved • Steeper line = faster savings growth
Detailed ROI by Upgrade
Heat Pump HVAC System
Replace gas furnace + AC with an all-electric heat pump
🌡️
Costs
Upfront cost:$12,000 - $18,000
Federal tax credit:-$2,000
PG&E rebate:-$3,000
City/state incentives:-$6,000
Net cost:$1,000 - $7,000
Savings & ROI
Annual savings:$190/year
Simple payback:22.7 years
15-year ROI:-80%
CO₂ reduction:0.3 tons/year
15-year net savings:$-12,153
Solar Panels (6kW System)
Generate your own electricity from the sun
☀️
Costs
Upfront cost:$15,000 - $21,000
Federal tax credit (30%):-$5,400
City/state incentives:-$1,000
Net cost:$8,600 - $14,600
Savings & ROI
Annual savings:$2,113/year
Simple payback:5.7 years
25-year ROI:207%
CO₂ reduction:3.6 tons/year
Full Electrification Package
Heat pump + Solar + Heat pump water heater + EV charger
⚡
Costs
Total upfront cost:$30,300 - $45,000
Total federal credits:-$10,400
Total utility rebates:-$4,000
City/state incentives:-$9,300
Net cost:$6,600 - $21,300
Savings & ROI
Annual savings:$3,027/year
Simple payback:4.9 years
15-year ROI:28%
Total CO₂ reduction:10.1 tons/year
15-year net savings:$7,750
Fresno Energy Context
Climate & Usage
Climate zone:hot
Heating degree days:2,450
Cooling degree days:1,850
Avg home size:1,950 sq ft
Energy Costs
Utility provider:PG&E
Electricity rate:$0.268/kWh
Natural gas rate:$1.75/therm
Avg monthly bills:$148 elec + $58 gas
Ready to Get Started?
These are estimates based on average homes in Fresno. Get personalized quotes from vetted local contractors to see exact costs for your home.
Get Free Quotes