Solar Panel Cost Guide in Boulevard Park, WA (2024 Update)
- Boulevard Park Solar Installation Cost: $10,925
- 25-Year Savings: $10,641
- Payback Period: 14.6 Years
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Average Cost of Solar Panels in Boulevard Park
Let’s take a look at the average cost of solar in Boulevard Park.
The average cost of a solar panel system in Boulevard Park is 4 per watt.To account for the typical energy needs of the average home in Boulevard Park, most homeowners require a 4.3-kilowatt system. Using the per-watt figure above, a solar installation costs about $10,925, or $15,623 before the federal solar tax credit of 0 is applied.
Bear in mind that the figures above are only estimates based on the average energy use of Boulevard Park homeowners. The cost of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor.Many homeowners find going solar is a solid investment. The average homeowner in Boulevard Park can save around $17,000 on their electricity bills over 20 years.
To see your potential savings and connect with a local solar company, click the button below.
Solar savings over time in Boulevard Park
| Year | Return on Investment |
|---|---|
| 1 years | $-9,649 |
| 3 years | $-7,098 |
| 5 years | $-4,546 |
| 7 years | $-1,994 |
| 9 years | $558 |
| 11 years | $3,110 |
| 13 years | $5,661 |
| 15 years | $8,213 |
| 17 years | $10,765 |
| 19 years | $13,317 |
| 21 years | $15,869 |
| 23 years | $18,421 |
| 25 years | $20,972 |
Top Solar Installers in Boulevard Park
Installing solar panels on your own can be a difficult undertaking, which is why hiring a solar installer is a good option for many homeowners. Another good thing about choosing a reliable solar installer is that it'll provide warranties and free repairs, which help protect your solar system over time.
Working with a licensed solar company can make going solar easier. Here are our recommendations:
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 Boulevard Park
Factors that Affect Solar Panel Costs in Boulevard Park
Though the average cost of a solar system in Boulevard Park is $10,925, your actual cost may be higher or lower than that. There are many factors that can have a sizable impact on the cost of a residential solar panel installation. Below are some of the more important things to consider.
Solar Equipment
One of the most important factors to consider when it comes to the cost of adopting solar energy 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 about $3,590 per kilowatt in Boulevard Park.Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Boulevard Park, 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 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 Boulevard Park to be too expensive, even if the investment pays off over time. Fortunately, almost every solar company in the area provides financing options. Solar loans drastically decrease upfront costs for most homeowners, but they also lead to a higher cost over time because of interest.It’s wise to include the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it’ll take to pay back the loan.
Solar Panel Installation Company
A final factor to consider when trying to estimate the cost of solar for your home or business in Boulevard Park is the company you hire to install your solar panel system. As with choosing a company to renovate your kitchen, for instance, there’s no shortage of solar installers that provide a range of services for different budgets.You may see national solar installers that have lower prices due to their larger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or promotions 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 | $3.73 | $15,681 | $10,183 | 15.2 years |
| 8 kW | $3.66 | $20,506 | $13,979 | 14.9 years |
| 10 kW | $3.59 | $25,130 | $17,977 | 14.6 years |
| 12 kW | $3.52 | $29,553 | $22,175 | 14.3 years |
| 14 kW | $3.45 | $33,775 | $26,575 | 14.0 years |
| 16 kW | $3.37 | $37,796 | $31,176 | 13.7 years |
| 18 kW | $3.30 | $41,615 | $35,977 | 13.4 years |
| 20 kW | $3.23 | $45,234 | $40,980 | 13.1 years |
How to Save on Solar Panels
Since the type of solar panels and the installer you choose considerably affects your costs and your system’s durability and efficiency, it’s important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Reputation: Make sure your solar installer has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like the EcoWatch team.
- Contract: Look through the contract terms carefully to make sure you understand the total cost, project timeline incentives and warranties.
- Solar Panel Brands: Different companies carry different brands and types of panels. If you prefer a specific brand, make sure the solar panel installer you’re considering has it.
- Warranty: Each company may offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
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 Boulevard Park, WA Solar Cost FAQs
What is the average cost of installing solar panels in Boulevard Park?
The average cost of solar panels in Boulevard Park is about $17,950 for a 5-kW system and $35,900 for a 10-kW system before the ITC, but the real cost will depend on things like the model of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in Boulevard Park?
Leasing solar panels can be an attractive choice, as it often comes with low or $0 upfront payments. The drawback is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any incentives and your home value won’t increase. Buying solar panels is a better option if you want to maximize your savings.
Does Boulevard Park have a net metering program?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future energy bills.
How many solar panels should I get to power my home?
To figure out how many solar panels you need, you should find out how much energy your home uses 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 home 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.