Solar Panel Cost Guide in Boardman, OR (2024 Update)
- Boardman Solar Installation Cost: $9,794
- 25-Year Savings: $15,019
- Payback Period: 10.9 Years
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Average Cost of Solar Panels in Boardman
Find out what the average cost of solar panels are in Boardman.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Boardman, the average cost of a solar system is 4 per watt.The average Boardman homeowner needs a 4.0-kilowatt system, which would cost about $9,794 with the federal tax credit, or $14,005 before the 0 tax credit is applied.
Keep in mind that the figures above are only estimates based on the average Boardman homeowner. The cost of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor.Despite the large upfront cost, the average Boardman homeowner can save about $22,000 on their electricity bills over 20 years, which is one of the positives of solar.
To calculate your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in Boardman
| Year | Return on Investment |
|---|---|
| 1 years | $-8,585 |
| 3 years | $-6,166 |
| 5 years | $-3,748 |
| 7 years | $-1,329 |
| 9 years | $1,089 |
| 11 years | $3,508 |
| 13 years | $5,927 |
| 15 years | $8,345 |
| 17 years | $10,764 |
| 19 years | $13,183 |
| 21 years | $15,601 |
| 23 years | $18,020 |
| 25 years | $20,438 |
Top Solar Installers in Boardman
When making the switch to solar, many homeowners opt to go with a solar installer since installing solar panels yourself can be a difficult project. Another good thing about using a reputable solar installer is that it'll usually provide warranties and free repairs, which help protect your solar investment.
If you're searching for a solar company in Boardman, we've organized a list of our top suggestions here:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
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 Boardman
Factors that Affect Solar Panel Costs in Boardman
The cost of installing a solar system in Boardman can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The biggest one is your system size, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household uses, the larger your system will likely need to be. You can expect to pay about $3,500 per kilowatt in Boardman.There are several different solar panel brands and the one you pick also changes the cost. Generally, the brands that are more efficient tend to also be more expensive. Additionally, the type of equipment you want to install can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar installers in Boardman have solar loans, which reduce your upfront costs of installing solar.You’ll have to consider the long-term cost of financing options, including the amount of interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs remarkably.
Solar Panel Installation Company
The solar installation company you select will impact your total cost to adopt solar power. Different companies will charge different amounts for the equipment and labor.Larger national companies typically have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or extra services like electric vehicle charger installation, they might be cheaper overall.
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 | $18,432 | 11.3 years |
| 8 kW | $3.57 | $19,992 | $24,968 | 11.1 years |
| 10 kW | $3.50 | $24,500 | $31,700 | 10.9 years |
| 12 kW | $3.43 | $28,812 | $38,628 | 10.7 years |
| 14 kW | $3.36 | $32,928 | $45,752 | 10.5 years |
| 16 kW | $3.29 | $36,848 | $53,072 | 10.2 years |
| 18 kW | $3.22 | $40,572 | $60,588 | 10.0 years |
| 20 kW | $3.15 | $44,100 | $68,300 | 9.8 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since selecting a company can be a challenge, we have some tips to help you, such as:
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, longevity and energy efficiency. They will come at different prices as well. The company you choose affects which solar panel brands you have access to.
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the project timeline.
- Warranty: An all-inclusive, long-term warranty can help keep your solar panel system running for years to come and save you money on part replacement and repairs.
- Reputation: Make sure your solar installer has a good reputation by confirming it has certifications and licenses, checking its number of years in business and reading reviews by previous customers and solar experts like EcoWatch.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
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 Boardman, OR Solar Cost FAQs
How much does it cost to install solar panels in Boardman?
The average cost of solar panels in Boardman 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 stuff like the model of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Boardman?
Leasing solar panels can be an option if you can’t afford to pay upfront or secure a solar loan, but since you don’t own the system, you can’t take advantage of many solar incentives. Also your home value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.
Do solar panels increase your property value?
Solar panels can increase the value of your home significantly as long as you buy or finance your panels and don’t choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing solar panels."
How long do solar panels last in Boardman?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is their energy production will have decreased significantly after that point. You can opt to replace them after having them for that long or you can keep using 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.