Solar Panel Cost Guide in Colville, WA (2024 Update)
- Colville Solar Installation Cost: $10,961
- 25-Year Savings: $10,614
- Payback Period: 14.6 Years
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Average Cost of Solar Panels in Colville
Find out what the average cost of solar panel installation is in Colville.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Colville, the average cost of a solar system is 4 per watt.Because a 4.4-kW system is needed to cover the energy costs of a typical home in Colville, the average price of going solar will be about $10,961 after claiming the federal solar tax credit of 0.
Bear in mind that the figures above are only estimates based on the average Colville homeowner. The cost of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor.For most homeowners, the upfront investment in solar panels is worth paying. On average Colville homeowners see about $17,000 in savings on energy 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 Colville
| Year | Return on Investment |
|---|---|
| 1 years | $-9,794 |
| 3 years | $-7,458 |
| 5 years | $-5,122 |
| 7 years | $-2,787 |
| 9 years | $-451 |
| 11 years | $1,885 |
| 13 years | $4,220 |
| 15 years | $6,556 |
| 17 years | $8,892 |
| 19 years | $11,227 |
| 21 years | $13,563 |
| 23 years | $15,899 |
| 25 years | $18,234 |
Top Solar Installers in Colville
Many homeowners opt for a solar installer since installing solar panels yourself can be a labor-intensive endeavor. Also, if you’d like to maximize your investment in solar, going with a solar installer can help with that too. Different providers can offer repairs, expertise on solar panel installation and sometimes even information on local incentives, rebates and net metering programs.
There are a number of licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
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 Colville
Factors that Affect Solar Panel Costs in Colville
The cost of installing a solar system in Colville can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The biggest one is your system size, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
The size of the solar panel system you need to offset your energy usage, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by about $3,590. The brand of solar panels and equipment you choose is another factor that will substantially impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Furthermore, 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’s in your budget.
Solar Financing Terms
If paying for a solar system out of pocket is out of reach, solar loans are a solid route because they reduce your upfront costs and allow you to pay for your system over five to seven years on average.You’ll have to consider the long-term cost of financing options, including the total interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the original cost. Making a larger down payment or getting a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
Finally, the company you get to install your solar panels can affect your pricing. Colville’s solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies usually have lower costs, but some local companies compete with them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or add-on services like electric car charger installation, they might be cheaper overall.
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 | $10,098 | 15.2 years |
| 8 kW | $3.66 | $20,506 | $13,866 | 14.9 years |
| 10 kW | $3.59 | $25,130 | $17,835 | 14.6 years |
| 12 kW | $3.52 | $29,553 | $22,005 | 14.3 years |
| 14 kW | $3.45 | $33,775 | $26,376 | 14.0 years |
| 16 kW | $3.37 | $37,796 | $30,948 | 13.7 years |
| 18 kW | $3.30 | $41,615 | $35,722 | 13.5 years |
| 20 kW | $3.23 | $45,234 | $40,696 | 13.2 years |
How to Save on Solar Panels
There are many companies available in Colville, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be tough, so here are some tips to help you decide:
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the project completion timeline.
- Contract: When looking over your solar company’s contract, ask for clarification about any terms you’re not sure of and be sure you understand what happens in scenarios such as a system part breaking or the company going out of business.
- Reputation: Your solar installer should have a sound reputation as a company and have demonstrated expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from past customers.
- Warranty: A high-quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
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 Colville, WA Solar Cost FAQs
How much does it cost to install solar panels in Colville?
The average cost of solar panels in Colville is about $17,950 for a 5-kW system and $35,900 for a 10-kW system before the ITC, but the actual cost will depend on stuff like the model of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Colville?
A solar panel system isn’t free in Colville, 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 you can take advantage of.
Does Colville have a net metering program?
The majority of states offer net metering programs of some kind. Through these, you can receive compensation for the extra power your system produces or or receive credits to put toward future utility bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How long do solar panels last in Colville?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level of energy production.
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.