Solar Panel Cost Guide in Corvallis, OR (2025 Update)
- Corvallis Solar Installation Cost: $10,234
- 25-Year Savings: $14,684
- Payback Period: 11.4 Years
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Average Cost of Solar Panels in Corvallis
Find out what the average cost of solar panels are in Corvallis.
The average cost of solar panels in Corvallis is 4 per watt.The average Corvallis homeowner needs a 4.2-kilowatt system, which would cost about $10,234 with the federal tax credit, or $14,635 before the 0 tax credit is applied.
These figures are just estimates, and the cost of going solar for you will most likely look different based on your energy needs and what company you want to go with.Even with the significant initial cost, the average Corvallis homeowner can save about $22,000 on their electricity bills over 20 years, which is one of the positives of solar.
Click the button below to get connected to a reputable solar panel company in your area for a customized quote.
Solar savings over time in Corvallis
| Year | Return on Investment |
|---|---|
| 1 years | $-9,025 |
| 3 years | $-6,606 |
| 5 years | $-4,187 |
| 7 years | $-1,769 |
| 9 years | $650 |
| 11 years | $3,068 |
| 13 years | $5,487 |
| 15 years | $7,906 |
| 17 years | $10,324 |
| 19 years | $12,743 |
| 21 years | $15,162 |
| 23 years | $17,580 |
| 25 years | $19,999 |
Top Solar Installers in Corvallis
Although it's possible to install solar panels yourself, it requires extra labor and know-how. Because of that, most people choose to go with a solar panel installer. Also, companies with a high reputation that are more expensive upfront could actually save you money in the long run with their warranties, repair services and expert design.
If you’d like to switch to solar energy but still aren’t certain which solar system company to go with, here are our suggestions for providers nearby:
See all of the solar companies in Corvallis
Factors that Affect Solar Panel Costs in Corvallis
Although the average cost of a solar system in Corvallis is $10,234, your actual cost may be above or below the average. There are several factors that can have a major impact on the cost of a residential solar panel installation. Below are some of the more important things to consider.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. Because of that, it’s crucial to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs.Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Corvallis, where sunlight is relatively abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar installers in Corvallis offer solar loans, which reduce your upfront costs of installing a solar system.Although solar loans make going solar more accessible for Corvallis homeowners, they can also increase the total you pay for your system due to interest. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The remaining significant cost factor you should take into consideration is the installer you choose. Given the booming popularity of sustainable energy solutions in Corvallis, you’ll have plenty of options to choose from, but each comes at varying price points for labor and equipment.Additionally, some companies in Corvallis have more knowledge about local solar incentives and can help you make good use of additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you more money in the long run.
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 | $16,983 | 11.8 years |
| 8 kW | $3.57 | $19,992 | $23,037 | 11.6 years |
| 10 kW | $3.50 | $24,500 | $29,286 | 11.4 years |
| 12 kW | $3.43 | $28,812 | $35,731 | 11.2 years |
| 14 kW | $3.36 | $32,928 | $42,372 | 10.9 years |
| 16 kW | $3.29 | $36,848 | $49,209 | 10.7 years |
| 18 kW | $3.22 | $40,572 | $56,242 | 10.5 years |
| 20 kW | $3.15 | $44,100 | $63,471 | 10.2 years |
How to Save on Solar Panels
There are a lot of companies to choose from in Corvallis, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be challenging, so here are some tips to help you decide:
- Contract: It’s important to read your solar installer’s contract closely to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system’s energy production.
- 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 timeline.
- Warranty: A high-quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Reputation: Make sure your solar system installer has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like EcoWatch.
EcoWatch's Corvallis, OR Solar Cost FAQs
How much does it cost to install solar panels in Corvallis?
This is a tough question to answer exactly, because the cost depends on a few different factors. Broadly 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 cost more if you want other solar equipment or higher quality panels, or if you have above-average energy needs. On the other hand, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
Should I lease or buy solar panels in Corvallis?
Leasing solar panels can be an option if you are unable 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.
How much can I save on energy bills after installing solar panels?
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 $1,075.71 per year.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy consumption and the average daily sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to get between 20 and 35 panels to account for their typical energy usage.
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.