Solar Panel Cost Guide in Grants Pass, OR (2024 Update)
- Grants Pass Solar Installation Cost: $8,915
- 25-Year Savings: $15,687
- Payback Period: 9.9 Years
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Average Cost of Solar Panels in Grants Pass
Find out what the average cost of solar panel installation is in Grants Pass.
The average cost of a solar system in Grants Pass is 4 per watt.Using this figure, a typical 3.6-kW system would cost about $8,915 before the 0 federal solar tax credit is applied.
These figures are only averages, and how much solar costs for you will most likely differ based on factors unique to your home and what company you choose to go with.Many homeowners find going solar is a solid investment. The average homeowner in Grants Pass can save about $25,000 on their electricity bills over 20 years.
For a free quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Grants Pass
| Year | Return on Investment |
|---|---|
| 1 years | $-7,706 |
| 3 years | $-5,287 |
| 5 years | $-2,869 |
| 7 years | $-450 |
| 9 years | $1,968 |
| 11 years | $4,387 |
| 13 years | $6,806 |
| 15 years | $9,224 |
| 17 years | $11,643 |
| 19 years | $14,062 |
| 21 years | $16,480 |
| 23 years | $18,899 |
| 25 years | $21,317 |
Top Solar Installers in Grants Pass
Many homeowners opt for a solar installation company since figuring out how to install solar panels by yourself can be time-consuming. Since 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 reducing potential costs down the line.
You can get a free estimate from a local solar installer on how much solar panels could cost for your home. Here are some in Grants Pass:
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 Grants Pass
Factors that Affect Solar Panel Costs in Grants Pass
Cost is often one of the most important factors for homeowners who are considering investing in solar. There are a few primary factors that affect your total cost in Grants Pass: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. Because of that, it’s important to accurately gauge the size of the solar energy system needed for your home by figuring out your average energy use.The brand and kind of equipment you want for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often come at a higher price 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 additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Most solar installers in Grants Pass offer solar loans, which reduce the initial cost of installing a solar system.Even though solar loans make adopting solar energy more accessible for Grants Pass 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 avoid paying as much in interest.
Solar Panel Installation Company
Lastly, the company you hire to install your solar system can impact how much it costs. Grants Pass’s solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies typically have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or additional 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 | $21,756 | 10.3 years |
| 8 kW | $3.57 | $19,992 | $29,401 | 10.1 years |
| 10 kW | $3.50 | $24,500 | $37,241 | 9.9 years |
| 12 kW | $3.43 | $28,812 | $45,277 | 9.7 years |
| 14 kW | $3.36 | $32,928 | $53,509 | 9.5 years |
| 16 kW | $3.29 | $36,848 | $61,937 | 9.3 years |
| 18 kW | $3.22 | $40,572 | $70,561 | 9.1 years |
| 20 kW | $3.15 | $44,100 | $79,382 | 8.9 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because choosing a company can be difficult, we have some tips to help you, such as:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to do the job well. Another way you can check your installer’s reputation is by reading reviews.
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, longevity and energy efficiency. They will come at different prices as well. The company you choose plays a role in which solar panel brands you have access to.
- Installation Process: When making the switch to solar energy, it’s important to maintain an open line of communication with your solar installer. Make sure you understand how the installation process works and the completion timeline.
- Warranty: Warranties that cover defective panels and repairs over around 25 years are the best you can get in the business, and offering such a warranty is one mark of a good company.
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 Grants Pass, OR Solar Cost FAQs
What is the average cost of installing solar panels in Grants Pass?
The average cost of solar panels in Grants Pass 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 things such as 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 Grants Pass?
Leasing solar panels can be an appealing choice, because it typically comes with low or $0 upfront payments. The drawback 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 tax rebates and credits and your home value won’t increase. Buying solar panels is a better way to go if you want to maximize your savings.
How much can I save on power bills after installing solar panels?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners in Grants Pass, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you’ll want to contact a local solar installer to see how many panels can fit on your roof.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy usage and the average daily sunlight your roof gets. You can take a 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 cover 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.
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.