Solar Panel Cost Guide in Oak Hills, OR (2024 Update)
- Oak Hills 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 Oak Hills
Here’s how much it might cost to make the switch to solar in Oak Hills.
The national average cost of solar panels is $2.66 per watt, but in Oak Hills it’s 4 per watt.The average solar panel system size in Oak Hills 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.
The prices above are just estimates to give you an idea of the cost of a solar energy system. The actual cost of installing solar panels can vary quite a bit depending on several factors, such as what size system you need, your energy consumption and what company you go with.With average savings of about $21,000 on utility bills over 20 years, many homeowners in Oak Hills find installing solar panels can pay off big.
To see your potential ROI and connect with a local solar installer, click the button below.
Solar savings over time in Oak Hills
| 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 Oak Hills
Many homeowners opt for a solar panel installer since installing solar panels on your own can be hard. Companies can also provide access to various kinds of the best solar panels and help you choose which one will be best for your home.
You can work with a local solar installer to get a free quote on how much your investment in solar could cost for your home. Here are some in Oak Hills:
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 Oak Hills
Factors that Affect Solar Panel Costs in Oak Hills
For many Oak Hills homeowners, the decision to adopt solar energy comes down to cost. However, the range of solar installation costs can be quite wide in Oak Hills, with typical prices between $20,000 to $40,000. There are a number of factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
One of the most important factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household consumes, the larger your system will likely need to be. You can expect to pay around $3,500 per kilowatt in Oak Hills.Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Oak Hills, where sunlight isn’t as abundant, efficiency can quickly pay off. In addition, 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
For some homeowners, paying for solar out of pocket can be financially overwhelming. Solar loans are available from most installers in Oak Hills, which can lower, or in some cases totally eliminate, your upfront costs to make solar more affordable.You’ll have to consider the long-term cost of loans, including the total 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 above the equipment and labor cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs considerably.
Solar Panel Installation Company
The solar installer you choose to handle your switch to solar energy can have an effect on your total costs. There are about 3 solar panel companies in Oak Hills, and each can charge varying amounts for labor and equipment.Companies that 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 come at a higher cost. It’s best to do some research and choose a company that offers the products, warranties and services you’re looking for 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 numerous companies available in Oak Hills, 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:
- Reputation: Make sure your solar system installer has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like the EcoWatch team.
- Warranty: If you care about the durability of your solar panel system, making sure your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Installation Process: Make sure you’re on the same page with the company regarding how the installation process will go and what needs to be done before your solar panels are installed, such as updating or replacing your electrical system or roof.
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you opt for.
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 Oak Hills, OR Solar Cost FAQs
What is the average cost of installing solar panels in Oak Hills?
This is a difficult question to answer precisely, because the cost depends on many 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 be more expensive if you want other solar equipment or higher quality panels, or if you have higher-than-average energy usage. On the flip side, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
Can you get solar panels for free in Oak Hills?
A solar panel system isn’t free in Oak Hills, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Is it worth going solar in Oak Hills?
Whether or not solar panels are worth it depends on a variety of factors like the cost of electricity near you and the amount of direct sunlight your roof gets.
What solar power system size is right for 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 typically 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.