Solar Panel Cost Guide in Cornelius, OR (2024 Update)
- Cornelius Solar Installation Cost: $10,677
- 25-Year Savings: $14,347
- Payback Period: 11.9 Years
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Average Cost of Solar Panels in Cornelius
We break down average solar pricing in Cornelius.
The national average cost of solar panels is $2.66 per watt, but in Cornelius it’s 4 per watt.The average solar panel system size in Cornelius is around 4.4 kilowatts, meaning a cost of about $10,677 for a solar installation, or $15,268 before the 0 federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you’ll pay for solar may look quite different based on your household energy needs, the type of equipment you want to get, your solar contractor and more.With average savings of about $21,000 on utility bills over 20 years, many homeowners in Cornelius find investing in solar can pay off big.
To receive a free estimate from a vetted solar installer in Cornelius, you can click the button below.
Solar savings over time in Cornelius
| Year | Return on Investment |
|---|---|
| 1 years | $-9,273 |
| 3 years | $-6,464 |
| 5 years | $-3,655 |
| 7 years | $-845 |
| 9 years | $1,964 |
| 11 years | $4,773 |
| 13 years | $7,582 |
| 15 years | $10,391 |
| 17 years | $13,200 |
| 19 years | $16,009 |
| 21 years | $18,818 |
| 23 years | $21,627 |
| 25 years | $24,436 |
Top Solar Installers in Cornelius
When going solar, many homeowners opt to hire a solar installer since putting up solar panels yourself can be a challenging project. Another benefit of using a solar installer is that they can help you make the most of your ROI by reducing your future costs of repairs and replacements due to warranties and informing you of local incentives you can take advantage of.
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 National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 Cornelius
Factors that Affect Solar Panel Costs in Cornelius
There are a number of criteria that can influence your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
One of the most important factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more energy your household uses, the larger your system will likely need to be. You can expect to spend about $3,500 per kilowatt in Cornelius.The brand and kind of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want extra equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Solar panels can save you money on energy bills over time, but they can also be a significant investment. That’s why many Cornelius homeowners choose to finance their solar panel systems to make going solar more affordable.However, the interest on solar loans also increases your total costs, so it’s crucial to keep that in mind as well. You can always reduce the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
The solar panel installer you pick will affect your total cost to make the switch to solar . Different companies will bill different amounts for the equipment and labor.Some companies only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It’s best to do some research and choose a company that offers the products, warranties and services you want and also fit into 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 | $15,643 | 12.4 years |
| 8 kW | $3.57 | $19,992 | $21,250 | 12.1 years |
| 10 kW | $3.50 | $24,500 | $27,052 | 11.9 years |
| 12 kW | $3.43 | $28,812 | $33,051 | 11.6 years |
| 14 kW | $3.36 | $32,928 | $39,245 | 11.4 years |
| 16 kW | $3.29 | $36,848 | $45,636 | 11.2 years |
| 18 kW | $3.22 | $40,572 | $52,222 | 10.9 years |
| 20 kW | $3.15 | $44,100 | $59,005 | 10.7 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you select the right company for you, here are some tips to keep in mind:
- Installation Process: Homeowners should make sure they know how exactly the installation process will be carried out, as well as important factors like the project completion timeline.
- Warranty: Each company may offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Contract: It’s important to look over your solar installer’s contract well to understand what services they will provide, what the warranty covers and what you can expect about the project timeline.
- 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 good reputation and is qualified to do the job well. Another way you can research your installer’s reputation is by reading reviews.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 Cornelius, OR Solar Cost FAQs
How much does it cost to install solar panels in Cornelius?
This is a tough question to answer exactly, because the cost depends on many factors. Generally speaking, it costs about $17,500 for a 5-kW system and $35,000 for a 10-kW system after the ITC is applied. It will be more expensive if you want other solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the flip side, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
What other factors should I consider apart from cost when buying solar panels?
Cost is definitely one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Can you sell solar power back to the grid in Cornelius?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just offer you credit toward your future utility bills.
How many solar panels should I get to power my home?
To figure out what solar panel system size you need, you need to know how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average house will need 20 to 35 panels.
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.