Solar Panel Cost Guide in Reedsport, OR (2024 Update)
- Reedsport Solar Installation Cost: $9,495
- 25-Year Savings: $15,246
- Payback Period: 10.6 Years
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Average Cost of Solar Panels in Reedsport
Let’s take a look at the average cost of solar in Reedsport.
In Reedsport, solar panels cost about 4 per watt on average.The average Reedsport homeowner needs a 3.9-kilowatt system, which would cost about $9,495 with the federal tax credit, or $13,578 before the 0 tax credit is applied.
Keep in mind that the numbers above are only averages. The price you’ll pay for solar will differ based on your household energy use, the type of solar panels you want, your solar contractor and more.Even with the large upfront cost, the average Reedsport homeowner can save around $23,000 on their power bills over 20 years, which is one of the perks of solar.
You can click the button below to get connected with a pre-vetted solar company in Reedsport that can help you get a more accurate cost estimate for your home.
Solar savings over time in Reedsport
| Year | Return on Investment |
|---|---|
| 1 years | $-8,286 |
| 3 years | $-5,867 |
| 5 years | $-3,448 |
| 7 years | $-1,030 |
| 9 years | $1,389 |
| 11 years | $3,807 |
| 13 years | $6,226 |
| 15 years | $8,645 |
| 17 years | $11,063 |
| 19 years | $13,482 |
| 21 years | $15,901 |
| 23 years | $18,319 |
| 25 years | $20,738 |
Top Solar Installers in Reedsport
Installing solar panels by yourself can be a difficult project, which is why using a solar installation company is a good option for many homeowners. Another great thing about using a vetted solar installer is that it'll likely provide warranties and free repairs, which help protect your investment.
Working with a licensed solar company can make going solar easier. Here are our recommendations:
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 Reedsport
Factors that Affect Solar Panel Costs in Reedsport
For many Reedsport homeowners, the decision to install solar panels depends on cost. However, the range of solar installation costs can be quite wide in Reedsport, with typical prices between $20,000 to $40,000. There are various factors that considerably influence the price you’ll pay, which we'll go over below.
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, your total will most likely increase by about $3,500. There are several different solar panel brands and the one you choose also affects the cost. Generally, the brands that offer higher efficiency tend to also be more expensive. In addition, the type of equipment you want to install can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a significant investment. That’s why many Reedsport homeowners opt to finance their solar panel systems to offset upfront costs.When estimating your overall cost, you should also calculate the interest you’ll pay if you decide on a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.
Solar Panel Installation Company
Lastly, the company you opt for to install your solar panel system can affect your pricing. Reedsport’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Reedsport know more about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, 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 | $19,495 | 11.0 years |
| 8 kW | $3.57 | $19,992 | $26,386 | 10.8 years |
| 10 kW | $3.50 | $24,500 | $33,472 | 10.6 years |
| 12 kW | $3.43 | $28,812 | $40,754 | 10.4 years |
| 14 kW | $3.36 | $32,928 | $48,233 | 10.1 years |
| 16 kW | $3.29 | $36,848 | $55,907 | 9.9 years |
| 18 kW | $3.22 | $40,572 | $63,777 | 9.7 years |
| 20 kW | $3.15 | $44,100 | $71,844 | 9.5 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since picking a company can be difficult, we have some tips to help you, such as:
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the project completion timeline.
- Reputation: Your solar installer should have a good reputation as a company and have proven expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from previous customers.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and energy needs. While there are many options for which brand of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you take a look at their list of offerings before making your decision.
- Warranty: Warranties that cover replacement parts and repairs over a long period of time such as 25 years are the gold standard in the business, and offering such a warranty is one indication of a quality 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 Reedsport, OR Solar Cost FAQs
What is the average cost of installing solar panels in Reedsport?
The average cost of solar panels in Reedsport is about $17,500 for a 5-kW system and $35,000 for a 10-kW system before the ITC, but the real cost will depend on stuff like the kind of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Reedsport?
Solar panels aren’t free in Reedsport, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Can solar panels eliminate my electricity bills?
It is possible to erase your electricity bills with solar panels, but for most homeowners throughout Reedsport, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you’ll want to check with a local solar installer to see how many panels can fit on your roof.
How long do solar panels last in Reedsport?
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 their energy production will have decreased significantly after that point. You can opt to replace them once you've had them for that long or you can keep using 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.
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.