Solar Panel Cost Guide in Washington, NJ (2023 Update)
- Washington Solar Installation Cost: $9,016
- 25-Year Savings: $12,108
- Payback Period: 10.7 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Washington
Here's how much it might cost to install solar panels in Washington.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Washington, the average cost of solar panels is 2.77 per watt. To account for the typical energy needs of the average home in Washington, most homeowners require a 4.7-kilowatt system. Using the figure above, a solar installation costs around $9,016, or $12,893 before the federal solar tax credit of 30% is applied.
Remember that the numbers above are only averages. The price you'll end up paying for solar may look quite different based on your household energy use, the type of solar panels you want to get, your solar contractor and more. With average savings of about $17,000 on energy bills over 20 years, many homeowners in Washington find investing in solar can be quite rewarding.
For a customized quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Washington
Year | Return on Investment |
---|---|
1 years | $-8,171 |
3 years | $-6,481 |
5 years | $-4,792 |
7 years | $-3,102 |
9 years | $-1,412 |
11 years | $278 |
13 years | $1,968 |
15 years | $3,658 |
17 years | $5,348 |
19 years | $7,038 |
21 years | $8,728 |
23 years | $10,418 |
25 years | $12,108 |
Top Solar Installers in Washington
Many homeowners opt for a solar panel company since trying to install solar panels on your own can be a lot of work. The expertise that solar companies offer can be useful as well, especially if you don't quite know what type of solar equipment would be right for your home.
If you're searching for a solar installer in Washington, we've compiled a list of our top suggestions here:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
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
The cost of installing a solar system in Washington can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The most significant one is the size of the system your home needs, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. That's why it's crucial to accurately ascertain the size of the solar energy system needed for your home by figuring out your typical energy use. The type of solar panels and equipment you choose is another factor that will largely affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more pricey. Moreover, solar equipment goes beyond just the solar panels themselves. You'll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when looking for a solar system that's in your budget.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be difficult. Solar loans are offered by most installers in Washington, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more affordable. It's a good idea to add the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it'll take to pay back the loan.
Solar Panel Installation Company
The solar company you opt for to handle your switch to solar energy can play a role in your total costs. There are about 3 solar installation companies in Washington, and each can charge varying amounts for labor and equipment. You may see national solar installers that have lower prices because of their larger brand name and access to bulk prices, 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 | $2.88 | $12,099 | $15,170 | 11.1 years |
8 kW | $2.83 | $15,822 | $20,537 | 10.9 years |
10 kW | $2.77 | $19,390 | $26,059 | 10.7 years |
12 kW | $2.71 | $22,803 | $31,736 | 10.5 years |
14 kW | $2.66 | $26,060 | $37,568 | 10.2 years |
16 kW | $2.60 | $29,163 | $43,555 | 10.0 years |
18 kW | $2.55 | $32,110 | $49,698 | 9.8 years |
20 kW | $2.49 | $34,902 | $55,995 | 9.6 years |
How to Save on Solar Panels
The solar company you choose will influence not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should consider, including:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to install your solar system. Another way you can research your installer's reputation is by reading reviews.
- Warranty: Warranties that cover replacement parts and repairs over around 25 years are the gold standard in the business, and offering such a warranty is one mark of a good company.
- Contract: Before signing a contract with a solar company, be sure to look it over carefully so you understand the terms. Also, ask questions if you aren't sure about some of the terms, such as what the warranty covers and what services you can expect from them.
- Solar Panel Brands: The kind of solar panel you want plays a role in which company you should go with, since different companies provide different panels.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
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, NJ Solar Cost FAQs
How much does it cost to install solar panels in Washington?
The average cost of solar panels in Washington is about $13,850 for a 5-kW system and $27,700 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as the kind of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Washington?
Solar panels aren't free in Washington, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
How much can I save on electricity bills after switching to solar?
Solar panels can potentially eliminate your electricity bills depending on where you're located and how much sunlight your home gets. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $908.97 per year.
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount of energy production.
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.