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On a cost per watt w basis a solar panel installation in oregon ranges in price from 2 21 to 2 99.
Cost of installing solar panels oregon. In addition to the state specific incentives mentioned above you can cut the cost of your solar panel system by 26 percent. Oregon loves the federal solar tax credit itc the value of solar incentives in oregon is even greater when taking into account the recent extension of the federal investment tax credit itc for solar. Larger systems typically cost less per kilowatt. Given a solar panel system size of 5 kilowatts kw an average solar installation in portland or ranges in cost from 11 348 to 15 352 with the average gross price for solar in portland or coming in at 13 350.
The cost depends on the size of the system manufacturer and the ease of installation. This is lower than the average price of residential solar power systems across the united states which is currently 2 60 per watt. Installation for the average 5kw system ranges from 11 100 22 400. There are currently 61 solar energy companies operating in oregon.
Compare the best solar energy companies in oregon in 2020 updated. How long does it take to earn back your initial investment in solar panels. As of sep 2020 the average cost of solar panels in oregon is 2 5 per watt making a typical 6000 watt 6 kw solar system 11 118 after claiming the 26 federal solar tax credit now available. From oregon data it is shown that the average cost of a solar panel installation ranges from 11 050 to 14 950.
Below you can compare the prices and reputations of solar installers solar panel manufacturers and other solar energy companies servicing oregon today and learn how to select the best one. The average cost to install solar panels is from 10 626 to 26 460 after tax credit for a 6kw to 12kw system to power an entire house. Installation cost guide no two solar power systems are the same. The average solar panel payback period is 7 to 12 years and solar energy saves 600 to 2 000 per year on electricity costs.
For smaller systems under five kilowatts kw in size the average cost before incentives is about 3 600 for each kw of capacity.
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