Solar Panel Cost Guide in Altamont, OR (2025 Update)
- Altamont Solar Installation Cost: $8,677
- 25-Year Savings: $21,555
- Payback Period: 9.7 Years
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Average Cost of Solar Panels in Altamont
We go over average solar pricing in Altamont.
The national average cost of solar panels is $2.66 per watt, but in Altamont it’s 4 per watt.To cover the typical energy usage of the average home in Altamont, most homeowners require a 3.5-kilowatt system. Using the per-watt figure above, a solar installation costs about $8,677, or $12,408 before the federal solar tax credit of 0 is applied.
The actual price you pay can go above or below the average in Altamont depending on a variety of factors, such as the model of solar panels you choose and the solar contractor you hire.Despite the high initial cost, the average Altamont homeowner can save around $25,000 on their power bills over 20 years, which is one of the advantages of solar.
You can click the button below to get connected with a pre-vetted solar installer in Altamont for a quote for your home.
Solar savings over time in Altamont
| Year | Return on Investment |
|---|---|
| 1 years | $-7,468 |
| 3 years | $-5,049 |
| 5 years | $-2,631 |
| 7 years | $-212 |
| 9 years | $2,206 |
| 11 years | $4,625 |
| 13 years | $7,044 |
| 15 years | $9,462 |
| 17 years | $11,881 |
| 19 years | $14,300 |
| 21 years | $16,718 |
| 23 years | $19,137 |
| 25 years | $21,555 |
Top Solar Installers in Altamont
Installing solar panels by yourself can be a time-consuming task, which is why using a solar installer is a good option for many homeowners. Because solar panels are exposed to the elements every day, warranties and repairs from your solar company can help you get the most out of your investment in solar panels by avoiding potential costs down the line.
If you’d like to go solar but still aren’t certain which solar system company to go with, here are our recommendations for providers nearby:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
See all of the solar companies in Altamont
Factors that Affect Solar Panel Costs in Altamont
Although the average cost of a solar system in Altamont is $8,677, your final cost may be higher or lower than that. There are many factors that can have a sizable impact on the cost of a solar panel installation. Below are some of the more crucial things to take into consideration.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. That’s why it’s a priority to accurately gauge the size of the solar energy system needed for your home by figuring out your average energy use.The brand of solar panels and equipment you choose is another factor that will largely affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more expensive. Moreover, solar equipment is more than just the solar panels themselves. You’ll also need to think about 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 a solar system out of pocket can be a challenge. Solar loans are offered by most installers in Altamont, which can bring down, or in some cases eliminate, your upfront costs to make solar more accessible.It’s wise 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 off the loan.
Solar Panel Installation Company
A final consideration when trying to estimate the cost of solar for your home or business in Altamont is the company you choose to install your solar system. As with choosing a company to build a deck or pool, for example, you’ll have many options for solar installers that provide a range of services for different budgets.Some companies only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It’s best to do some research and choose a company that offers the products, warranties and services you’re looking for and also fits within your budget.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.64 | $15,288 | $22,773 | 10.0 years |
| 8 kW | $3.57 | $19,992 | $30,756 | 9.8 years |
| 10 kW | $3.50 | $24,500 | $38,934 | 9.7 years |
| 12 kW | $3.43 | $28,812 | $47,309 | 9.5 years |
| 14 kW | $3.36 | $32,928 | $55,880 | 9.3 years |
| 16 kW | $3.29 | $36,848 | $64,647 | 9.1 years |
| 18 kW | $3.22 | $40,572 | $73,610 | 8.9 years |
| 20 kW | $3.15 | $44,100 | $82,769 | 8.7 years |
How to Save on Solar Panels
There are a large number of companies to choose from in Altamont, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, durability and efficiency. They will come at different price points as well. The company you choose affects which solar panel brands you have access to.
- Installation Process: An important thing to understand when adopting solar power is the installation process itself. Be sure to align on any details you should know with your solar company, such as what permits you should acquire and how long the project will take.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to get the job done well. Another way you can check your installer’s reputation is by reading reviews.
- Warranty: If you’re concerned about the endurance of your solar system, making sure your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Altamont, OR Solar Cost FAQs
How much does it cost to install solar panels in Altamont?
The average cost of solar panels in Altamont is about $17,500 for a 5-kW system and $35,000 for a 10-kW system before the ITC, but the actual cost will depend on certain factors like the kind of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Altamont?
Leasing solar panels can be an appealing choice, as it usually comes with low or $0 upfront payments. The downside is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any incentives and your home value won’t increase. Buying solar panels is a better way to go if you want to get the most savings.
Is it worth going solar in Altamont?
Whether or not solar panels are worth it depends on some different factors like how much you pay for electricity and how much direct sunlight your roof gets.
How long do solar panels last in Altamont?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is their energy production will have decreased significantly after that point. You can decide to replace them once you've had them for that long or you can continue to use them at a lower efficiency.
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.