Solar Panel Cost Guide in Troutdale, OR (2024 Update)
- Troutdale Solar Installation Cost: $10,692
- 25-Year Savings: $14,336
- Payback Period: 11.9 Years
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Average Cost of Solar Panels in Troutdale
Let’s have a look at the average cost of solar panels in Troutdale.
In Troutdale, solar panels cost about 4 per watt on average.Since a 4.4-kW system is needed to cover the energy costs of a typical home in Troutdale, the average price of going solar will be about $10,692 after claiming the federal solar tax credit of 0.
These figures are only estimates, and the cost of going solar for you may vary based on your specific situation and what company you go with.Many homeowners find adopting solar power is a fruitful investment. The average homeowner in Troutdale can save around $21,000 on their power bills over 20 years.
To see your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in Troutdale
| Year | Return on Investment |
|---|---|
| 1 years | $-9,288 |
| 3 years | $-6,479 |
| 5 years | $-3,670 |
| 7 years | $-860 |
| 9 years | $1,949 |
| 11 years | $4,758 |
| 13 years | $7,567 |
| 15 years | $10,376 |
| 17 years | $13,185 |
| 19 years | $15,994 |
| 21 years | $18,803 |
| 23 years | $21,612 |
| 25 years | $24,421 |
Top Solar Installers in Troutdale
Many homeowners opt for a solar panel company since installing solar panels yourself can be challenging. Another benefit of using a solar installer is that they can help you maximize your ROI by lowering your future costs of repairs and replacements with the help of warranties and informing you of local incentives you can take advantage of.
If you're looking for a solar company in Troutdale, we've put together a list of our top suggestions here:
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 Troutdale
Factors that Affect Solar Panel Costs in Troutdale
There are a number of factors that can affect your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems that have higher efficiency or power generation require better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,500.Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Troutdale, where sunlight isn’t as abundant, efficiency can quickly pay off. In addition, 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
Many homeowners find the average cost of solar in Troutdale to be prohibitively costly, even if the investment pays off over time. Fortunately, almost every solar company in the area provides access to financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also result in higher prices over time because of interest.However, the interest on solar loans also increases your overall costs, so it’s important to include that in your estimate as well. You can always bring down the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
A final factor to consider when trying to evaluate the cost of solar for your home or business in Troutdale is the company you choose to install your PV system. As with choosing a company to install new cabinets, for example, there’s no shortage of solar installers that offer a range of services at different costs.You may come across national solar installers that have lower prices because of their larger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or specials to compete with those major players.
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 | $15,600 | 12.4 years |
| 8 kW | $3.57 | $19,992 | $21,192 | 12.1 years |
| 10 kW | $3.50 | $24,500 | $26,980 | 11.9 years |
| 12 kW | $3.43 | $28,812 | $32,964 | 11.7 years |
| 14 kW | $3.36 | $32,928 | $39,144 | 11.4 years |
| 16 kW | $3.29 | $36,848 | $45,520 | 11.2 years |
| 18 kW | $3.22 | $40,572 | $52,092 | 10.9 years |
| 20 kW | $3.15 | $44,100 | $58,860 | 10.7 years |
How to Save on Solar Panels
The solar company you opt for will be a major factor in determining not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are some important things you should consider, including:
- Warranty: Each company may offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Contract: When looking through your solar company’s contract, ask questions about any terms you’re not sure of and be sure you understand what happens in scenarios like a system part breaking or the company going out of business.
- Reputation: Make sure your solar company 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 EcoWatch.
- Solar Panel Brands: The model of solar panel you want to install plays a part in which company you should choose, since different companies provide different panels.
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 Troutdale, OR Solar Cost FAQs
What is the average cost of installing solar panels in Troutdale?
The average cost of solar panels in Troutdale 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 stuff like the kind of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider other than cost when buying solar panels?
Cost is definitely one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Can solar panels eliminate my energy bills?
Solar panels can potentially eliminate your electricity bills depending on your location 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 $1,029.60 per year.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and the amount of 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 install 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.
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.