Solar Panel Cost Guide in Milton-Freewater, OR (2025 Update)
- Milton-Freewater Solar Installation Cost: $9,982
- 25-Year Savings: $14,876
- Payback Period: 11.1 Years
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Average Cost of Solar Panels in Milton-Freewater
See how much it might cost to switch to solar power in Milton-Freewater.
The average cost of a solar panel system in Milton-Freewater is 4 per watt.Since a 4.1-kW system is needed to cover the energy costs of a typical home in Milton-Freewater, the average price of going solar will be about $9,982 after claiming the federal solar tax credit of 0.
The actual price you pay can be higher or lower than the average in Milton-Freewater based on a few factors, such as the type of solar panels you choose and the solar contractor you hire.For many homeowners, the upfront cost of solar is worth paying. On average Milton-Freewater homeowners see about $22,000 in savings on electricity bills over 20 years.
For a customized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Milton-Freewater
| Year | Return on Investment |
|---|---|
| 1 years | $-8,773 |
| 3 years | $-6,354 |
| 5 years | $-3,936 |
| 7 years | $-1,517 |
| 9 years | $902 |
| 11 years | $3,320 |
| 13 years | $5,739 |
| 15 years | $8,157 |
| 17 years | $10,576 |
| 19 years | $12,995 |
| 21 years | $15,413 |
| 23 years | $17,832 |
| 25 years | $20,251 |
Top Solar Installers in Milton-Freewater
Trying to put up solar panels by yourself can be a stressful task, which is why using a solar installation company is a good option for many homeowners. 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 avoiding potential costs down the line.
There are several licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
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 Milton-Freewater
Factors that Affect Solar Panel Costs in Milton-Freewater
There are a number of factors that can determine 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 panels.
Solar Equipment
The size of the solar energy system you need for your household, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $3,500. Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Milton-Freewater, where sunlight is relatively abundant, efficiency can quickly pay off. Plus, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for a solar system out of pocket is difficult, solar loans are a solid route because they lower your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years.Although solar loans make adopting solar energy more accessible for Milton-Freewater homeowners, they can also raise the total you pay for your system, depending on your interest rate. 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 solar installation company you pick will affect your total cost to adopt solar energy. Different companies will charge different amounts for the equipment and labor.Additionally, some companies in Milton-Freewater know more about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could help you save 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 | $17,797 | 11.6 years |
| 8 kW | $3.57 | $19,992 | $24,122 | 11.3 years |
| 10 kW | $3.50 | $24,500 | $30,642 | 11.1 years |
| 12 kW | $3.43 | $28,812 | $37,359 | 10.9 years |
| 14 kW | $3.36 | $32,928 | $44,271 | 10.7 years |
| 16 kW | $3.29 | $36,848 | $51,380 | 10.4 years |
| 18 kW | $3.22 | $40,572 | $58,684 | 10.2 years |
| 20 kW | $3.15 | $44,100 | $66,185 | 10.0 years |
How to Save on Solar Panels
The solar panel company you choose will influence not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should consider, such as:
- Contract: Before signing a contract with a solar installer, make sure you look it over fully so you understand the terms. Also, ask questions if you’re not certain about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, including when the site survey will be completed and how long it will take.
- 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: Well-established companies likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Milton-Freewater, OR Solar Cost FAQs
How much does it cost to install solar panels in Milton-Freewater?
This is a tough question to answer precisely, because the cost depends on a variety of 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 above-average energy consumption. On the other hand, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
Is it better to lease or buy solar panels in Milton-Freewater?
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 don’t have access to 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 financial benefits from going solar.
Do solar panels increase your home value?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Milton-Freewater is currently $331,408, which means you can look forward to a value of about $13,588 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Milton-Freewater is a rewarding investment.
How often do you have to replace solar panels?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is how much energy they produce will have decreased significantly after that point. You can opt to replace them after having 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.