Cost of Solar Panels in Oregon: Local Solar Installation Prices (2022)

Here’s a quick look at the estimated cost of solar in Oregon:

  • Average Cost Per Watt: $2.60
  • Cost of Average System: $18,278*
  • Cost of Energy Without Solar: $40,348
  • Payback Period: 14 Years**
  • Lifetime Savings of Going Solar: $15,648

*Average system size is calculated using data from the Energy Information Administration. This price is after tax credit.
**Payback period is calculated assuming the system is purchased in cash.

Ecowatch Author Karsten Neumeister

By Karsten Neumeister, Solar Expert

Updated 5/17/2022

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Find Cost Savings on Solar in Oregon

As a homeowner in Oregon, you may be wondering: How much do solar panels cost in your area? In this article, we’ll discuss the average cost of a solar installation, how much that can save you on energy for your home and what incentives are available in your region. If you want to jump straight to getting a quote for an installation, you can follow the links below to speak with a verified professional.

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Sunlight Solar Energy

  • Pros icon Many years of experience
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  • Con icon No leases or PPAs
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SunPower

  • Pros icon Most efficient panels on the market
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Cost of Solar Panels in Oregon

Solar panel systems in Oregon usually cost around $2.60 per watt. The average system in the area is about 9.5 kilowatts, which would cost an average of $24,700 before the federal solar tax credit or $18,278 after the credit. Although the typical per-watt price is below average, this total cost is above the national average because a larger system is needed in Oregon than in most other areas throughout the country.

Solar Panel System Installation Cost in Oregon

Solar panel systems are priced primarily on the system size required to offset your energy costs. Although residents enjoy relatively low electricity rates, most homeowners in Oregon have higher energy needs than average — around 916 kW per month — so a larger system will be required. A 9.5-kW system is typical throughout Oregon, but the table below provides estimated pricing of other common system sizes before and after the federal tax credit.

Size of Solar Panel System Oregon Solar Panel Cost Cost After Federal Tax Credit
7 kW $18,200 $13,468
8 kW $20,800 $15,392
9 kW $23,400 $17,316
10 kW $26,000 $19,240
11 kW $28,600 $21,164
12 kW $31,200 $23,088
13 kW $33,800 $25,012

Want to see which size system is right for your home and get a free quote from a top installer in your area? Just click here to get connected instantly.

What Determines the Cost of Solar Panels in Oregon?

The size of your system will almost always be the most significant factor, but other things can affect your price as well. We’ll include some information on three additional cost factors you’ll need to consider to estimate your price accurately.

Solar Equipment

The solar equipment you choose will, of course, have a major effect on your total cost. Both the brand and the type of equipment are crucial.

Many manufacturers offer solar equipment and, just like with any other product, the brand you choose can determine the overall quality, durability and price. Some brands and their equipment — like Maxeon panels and Tesla Powerwalls — come with a larger price tag, but they also deliver greater quality. These products will cost more upfront but tend to last longer, be more energy-efficient and come with more appealing warranty coverage.

The type of equipment you choose can affect your total price as well. All home solar energy systems come with panels and inverters, but many installers provide access to add-on products like solar batteries to provide power through outages, electric vehicle chargers and solar roofing. These additional options will increase the value of your solar project but also the upfront cost.

Solar Financing

Many solar customers fail to consider the cost of financing. Even if you get a zero-money-down or low-APR loan, your financing will still cost you in the long run. It might be wise to use a solar calculator to figure out your all-in cost of going solar. That total would include the price of your system and labor to install it, plus the total interest you’ll pay over the term of the loan. In some cases, financing can add thousands of dollars to your all-in costs.

While a cash purchase will cost the most upfront, it’s the least expensive way overall to go solar. To that same end, the larger your down payment is, the lower your total cost will be. Choosing a low-APR loan and paying as much as you comfortably can upfront is a great way to bring down your total cost of solar panel installation.

Solar Installation Company

Finally, the solar installer you choose can have a significant effect on what you’ll pay to go solar.

First, every solar contractor will charge different amounts for their labor, and some tack on upcharges to the equipment they install. One company could cost more than another even if they both plan to provide the same solar equipment and services.

Second, solar panel installation companies typically offer a select number of solar equipment brands, so the cost of installation can vary depending on the brands your installer supplies. For example, a company that only installs high-quality and high-efficiency equipment will naturally have higher pricing than a competitor that cuts costs by installing lower-quality panels. When it comes to solar, cheaper is always better, so it’s best to consider the value a company provides in addition to the overall cost.

Oregon Solar Incentives

For many homeowners, the idea of spending an average of $24,700 to install a solar panel system is unrealistic. Thankfully, the local and federal governments provide Oregon homeowners with a number of solar tax incentives and rebates to bring down those costs. Below are the most appealing nationwide and local incentives available to Oregon residents.

Federal Solar Tax Credit For Oregon Homeowners

The federal solar investment tax credit (ITC) is available to homeowners across the country, including those in Oregon. This credit comes off of the federal taxes you owe. While it’s not an instant credit, it is one of the most substantial incentives. The credit is for a massive 26% of your entire system cost. In Oregon, where the average system costs around $24,700, that’s a credit of $6,422!

Homeowners looking to capitalize on the federal tax credit should plan on completing their solar conversion in 2022. The credit is scheduled to dip to 22% in 2023 and, as of right now, will no longer be available in 2024.

Net Metering Policies in Oregon

Net metering is a billing option offered by countless electric companies and mandated by many states throughout the country. It allows energy to flow back and forth between your solar power system and the grid. When you don’t produce enough energy for what you’re consuming, the grid makes up the difference. When you overproduce energy, you send the excess to the grid and get credited for anything you don’t need back to cover usage.

Essentially, you’ll be able to overproduce and use the excess energy to bring down your energy costs if you ever underproduce — like at night or on cloudy days.

Oregon state law requires that all utility companies offer net metering pursuant to Oregon Revised Statutes 757.300. Your particular net metering arrangement will depend on your energy company, as the requirements are different for the state’s primary investor-owner utilities (PGE and PacifiCorp), municipal utilities, electric cooperatives and people’s utility districts. Make sure to check with your electricity provider before committing to solar and a net metering arrangement.

Local Solar Rebates in Oregon

In addition to the federal solar investment tax credit and the positive net metering policies in Oregon, the state government provides some additional incentives to entice homeowners to convert to solar.

First, the Solar + Storage Rebate Program is provided by the state in an effort to reduce the costs of installing solar panels and solar batteries. Homeowners can apply to receive the credit, which is based on system size and cost. This rebate could total $7,500 if you qualify and install both panels and an energy storage system.

The Renewable Energy Systems Exemption is a property tax exemption offered by the State of Oregon. In most cases, a property improvement will cause your property taxes to increase. The tax exemption states that your taxes won’t go up because of your solar conversion. Even though your panels will increase the value of your home, your taxes won’t go up as a result. Over time, this could save you thousands of dollars.

There are also some utility-specific rebates available for customers of a particular electric provider. For example, the Solar Within Reach is available for customers of Pacific Power and Pacific Gas & Electric (PG&E). It aims to reduce the cost of going solar for low-income households.

It’s best to check for additional utility-specific rebates, as these are quite common in Oregon. You can look for others on the DSIRE database before going solar.

Best Solar Panel Brands and Installed Solar System Costs in 2022

Oregon homeowners have many equipment brand choices that are suitable for the weather and conditions in the area. Below are some of the best solar panel brands, along with relative pricing to help you decide which might be best for you.

Solar Panel Brand Average Cost Per Watt ($-$$$$$)
LG Solar $$$
Canadian Solar $$
JA Solar $$
Mission Solar $$
Panasonic $$
Q Cells $$
REC $$$
Silfab $$$
SunPower $$$$$
Tesla $$
Trina Solar $$$

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People Also Ask 

EcoWatch FAQ: Solar Panel Cost Oregon

The EcoWatch team is thrilled to get questions regularly from Oregon homeowners, signifying that the interest in solar power is only increasing in the Pacific Northwest. Below are some of the questions we get asked most frequently, along with our responses.

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Karsten Neumeister

Solar Expert

Karsten Neumeister is a solar energy specialist with a background in writing and the humanities. Before joining EcoWatch, Karsten worked in the renewable energy sector of New Orleans, focusing on solar energy policy and technology. A lover of music and the outdoors, Karsten might be found rock climbing, canoeing or writing songs when away from the workplace.