Solar Panel Cost Guide in Washington, NC (2024 Update)
- Washington Solar Installation Cost: $16,890
- 25-Year Savings: $22,697
- Payback Period: 12.1 Years
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Average Cost of Solar Panels in Washington
Find out what the average cost of solar panel installation is in Washington.
The national average cost of solar panels is $2.66 per watt, but in Washington it’s 4 per watt.To cover the typical energy needs of the average home in Washington, most homeowners require a 6.9-kilowatt system. Using the figure above, a solar installation costs about $16,890, or $24,153 before the federal solar tax credit of 0 is applied.
The prices above are just estimates to give you an idea of how much a solar panel system could cost. The exact cost of installing solar panels can vary quite a bit depending on several factors, such as what size system you need, your energy consumption and what company you go with.But, after you've paid the initial cost of installation, the return on investment for most homeowners is quite fruitful, with a net average savings of about $19,000 over 20 years on energy bills.
Click the button below to get connected to a top solar installer in Washington for a custom estimate.
Solar savings over time in Washington
Year | Return on Investment |
---|---|
1 years | $-15,419 |
3 years | $-12,476 |
5 years | $-9,534 |
7 years | $-6,592 |
9 years | $-3,650 |
11 years | $-708 |
13 years | $2,234 |
15 years | $5,177 |
17 years | $8,119 |
19 years | $11,061 |
21 years | $14,003 |
23 years | $16,945 |
25 years | $19,888 |
Top Solar Installers in Washington
When switching to solar energy, many homeowners prefer to go with a solar company since installing a solar system yourself can be a difficult project. Another benefit of working with a solar installer is that they can help you make the most of your return of investment by bringing down your future costs of repairs and replacements due to warranties and giving you information on local incentives you can take advantage of.
You can get a free estimate from a local solar installer on how much solar panels could cost for your home. Here are some in Washington:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Outstanding Regional Installer
Renu Energy Solutions
- Excellent reputation
- Many financing options
- Representatives are experts on local policies
- No leases or PPAs
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Washington
Factors that Affect Solar Panel Costs in Washington
Although the average cost of a solar system in Washington is $16,890, your final cost may be above or below the average. There are quite a few factors that can have a major impact on the cost of a residential solar panel installation. Below are some of the more important things to take into consideration.
Solar Equipment
The size of the solar system you need to offset your energy usage, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $3,510. The kind of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more in the long run on your electric bills. Additionally, add-on products, like solar batteries, can bump up your total well above the Washington average.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a big investment. That’s why many Washington homeowners choose to finance their solar panel systems to offset upfront costs.You’ll have to consider the long-term cost of loans, including the amount of interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Washington is the company you get to install your PV system. Similar to choosing a company to build a deck or pool, for example, there are plenty of solar installers that provide a range of services at different costs.You may see national solar installers that have lower prices because of their larger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or promotions to compete with those major players.
Solar Panel Cost Data by System Size
System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
---|---|---|---|---|
6 kW | $3.65 | $15,332 | $15,146 | 12.6 years |
8 kW | $3.58 | $20,049 | $20,588 | 12.3 years |
10 kW | $3.51 | $24,570 | $26,227 | 12.1 years |
12 kW | $3.44 | $28,894 | $32,062 | 11.9 years |
14 kW | $3.37 | $33,022 | $38,093 | 11.6 years |
16 kW | $3.30 | $36,953 | $44,322 | 11.4 years |
18 kW | $3.23 | $40,688 | $50,746 | 11.1 years |
20 kW | $3.16 | $44,226 | $57,368 | 10.9 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because picking a company can be a tough decision, we have some tips to help you, such as:
- Contract: It’s important to read through your solar installer’s contract closely to understand what services they will provide, what the warranty covers and what you can expect about the cost.
- Installation Process: Make sure you’re aligned with the installer regarding how the installation process will go and what you need to do before your solar panels are installed, such as updating your electrical system or roof.
- Solar Panel Brands: Not all solar companies offer the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you opt for.
- Reputation: Long-standing companies likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Outstanding Regional Installer
Renu Energy Solutions
- Excellent reputation
- Many financing options
- Representatives are experts on local policies
- No leases or PPAs
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Washington, NC Solar Cost FAQs
What is the average cost of installing solar panels in Washington?
The average cost of solar panels in Washington is about $17,550 for a 5-kW system and $35,100 for a 10-kW system before the ITC, but the actual cost will depend on things such as the type of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Washington?
You can’t get solar panels for free in Washington. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d prefer to own your solar panels, you can finance them with a solar loan.
Is switching to solar power worth it?
Whether or not solar panels are worth it depends on some different factors like the cost of electricity near you and the amount of direct sunlight your roof gets.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy consumption and the amount of sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to cover their typical energy usage.
Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.