Solar Panel Cost Guide in Bangor Base, WA (2024 Update)
- Bangor Base Solar Installation Cost: $11,397
- 25-Year Savings: $10,291
- Payback Period: 15.2 Years
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Average Cost of Solar Panels in Bangor Base
We break down average solar pricing in Bangor Base.
In Bangor Base, solar panels cost about 4 per watt on average.Using this figure, a typical 4.5-kW system would cost about $11,397 before the 0 federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average energy use of Bangor Base homeowners. The price of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor.Even with the high initial cost, the average Bangor Base homeowner can save about $17,000 on their energy bills over 20 years, which is one of the benefits of solar.
To calculate your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in Bangor Base
| Year | Return on Investment |
|---|---|
| 1 years | $-10,121 |
| 3 years | $-7,569 |
| 5 years | $-5,017 |
| 7 years | $-2,466 |
| 9 years | $86 |
| 11 years | $2,638 |
| 13 years | $5,190 |
| 15 years | $7,742 |
| 17 years | $10,294 |
| 19 years | $12,845 |
| 21 years | $15,397 |
| 23 years | $17,949 |
| 25 years | $20,501 |
Top Solar Installers in Bangor Base
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can take a lot of hard work. Hiring a solar panel installer can make your swap to solar power much easier. The expertise that solar installers offer can be valuable as well, especially if you aren’t sure what brand of solar equipment would be right 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 near you:
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 Bangor Base
Factors that Affect Solar Panel Costs in Bangor Base
The cost of installing a solar system in Bangor Base can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The biggest one is your system size, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
The size of the solar energy system you need for your home, 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 $3,590. The type of solar panels and equipment you want is another factor that will considerably impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Moreover, solar equipment consists of more than just the solar panels themselves. You’ll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when researching a solar system that falls within your budget.
Solar Financing Terms
If paying for solar panels out of pocket is difficult, solar loans are a popular choice because they lower your upfront costs and let you pay for your system over a term of, on average, between five and seven years.Though solar loans make switching to solar energy more accessible for Bangor Base homeowners, they can also add to the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The solar company you opt for to handle your switch to solar energy can have an effect on your total costs. There are about 3 solar panel companies operating throughout Bangor Base, and each can charge varying amounts for labor and equipment.The company’s size sometimes plays the most significant role in the cost. Larger national companies, like SunPro and Sunrun, often have lower prices because of access to greater resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger names.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.73 | $15,681 | $9,113 | 15.8 years |
| 8 kW | $3.66 | $20,506 | $12,553 | 15.5 years |
| 10 kW | $3.59 | $25,130 | $16,193 | 15.2 years |
| 12 kW | $3.52 | $29,553 | $20,035 | 14.9 years |
| 14 kW | $3.45 | $33,775 | $24,078 | 14.6 years |
| 16 kW | $3.37 | $37,796 | $28,322 | 14.3 years |
| 18 kW | $3.30 | $41,615 | $32,767 | 14.0 years |
| 20 kW | $3.23 | $45,234 | $37,413 | 13.7 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you select the right company for you, here are some tips to keep in mind:
- Warranty: A quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Installation Process: When going solar, it’s essential to maintain an open line of communication with your solar panel installer. See to it that you understand how the installation process will go and the completion timeline.
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, durability and energy efficiency. They will come at different prices as well. The company you choose affects which solar panel brands you have access to.
- Reputation: Solar system installers that have great reviews from their customers and that have been operating for many years in most cases provide good-quality solar panel installation and expertise.
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 Bangor Base, WA Solar Cost FAQs
What is the average cost of installing solar panels in Bangor Base?
This is a tough question to answer exactly, because the cost depends on a variety of factors. Generally speaking, it costs about $17,950 for a 5-kW system and $35,900 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 higher-than-average energy usage. On the other hand, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
Are solar panels free in Bangor Base?
Solar panels aren’t free in Bangor Base, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Can solar panels eliminate my power bills?
Solar panels can potentially eliminate your electricity bills depending on where you’re located 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 $826.47 per year.
What solar power system size is right for my home?
To figure out how many solar panels you need, you should find out how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average household 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.