Solar Panel Cost Guide in Edmonds, WA (2024 Update)
- Edmonds Solar Installation Cost: $11,028
- 25-Year Savings: $10,564
- Payback Period: 14.7 Years
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Average Cost of Solar Panels in Edmonds
We break down average solar pricing in Edmonds.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Edmonds, the average cost of solar panels is 4 per watt.The average Edmonds homeowner needs a 4.4-kilowatt system, which would cost about $11,028 with the federal tax credit, or $15,770 before the 0 tax credit is applied.
The actual price you pay can be higher or lower than the average in Edmonds based on several factors, such as the brand of solar panels you choose and the solar contractor you hire.Even with the large initial cost, the average Edmonds homeowner can save around $17,000 on their electricity bills over 20 years, which is one of the perks of solar.
To receive a free estimate from a vetted solar company in Edmonds, you can click the button below.
Solar savings over time in Edmonds
| Year | Return on Investment |
|---|---|
| 1 years | $-9,627 |
| 3 years | $-6,824 |
| 5 years | $-4,021 |
| 7 years | $-1,218 |
| 9 years | $1,585 |
| 11 years | $4,387 |
| 13 years | $7,190 |
| 15 years | $9,993 |
| 17 years | $12,796 |
| 19 years | $15,599 |
| 21 years | $18,402 |
| 23 years | $21,205 |
| 25 years | $24,008 |
Top Solar Installers in Edmonds
When going solar, many homeowners choose to hire a solar installation company since DIY solar panel installation can be a difficult project. Plus, warranties and repairs from your solar panel company can protect your investment and lower the cost of maintenance over time.
If you’d like to go solar but still aren’t certain which solar system company to go with, here are our recommendations for providers in Edmonds:
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 Edmonds
Factors that Affect Solar Panel Costs in Edmonds
Even though the average cost of a solar system in Edmonds is $11,028, your final cost may differ. There are quite a few factors that can have a sizable impact on the cost of a residential solar panel installation. Below are some of the more crucial things to consider.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. Because of that, it’s important to accurately ascertain the size of the solar energy system needed for your home by figuring out your typical energy use.There are a lot of different solar panel brands and the one you choose also affects the cost. Generally, the brands that have better efficiency tend to also cost more. Additionally, the type of equipment you’re looking to install can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be financially overwhelming. Solar loans are offered by most installers in Edmonds, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more affordable.Although solar loans make switching to solar energy more accessible for Edmonds homeowners, they can also raise the total you pay for your system due to interest. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The final major cost factor you should keep in mind is the installer you choose. Given the growing popularity of sustainable energy solutions in Edmonds, you’ll have many options to choose from, but each comes at various price points for labor and equipment.The company’s size sometimes plays the most considerable role in the cost. Larger national companies, like SunPro and Sunrun, often have lower prices because they have access to more resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing lower to compete with bigger companies.
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 | $9,941 | 15.3 years |
| 8 kW | $3.66 | $20,506 | $13,657 | 15.0 years |
| 10 kW | $3.59 | $25,130 | $17,574 | 14.7 years |
| 12 kW | $3.52 | $29,553 | $21,692 | 14.4 years |
| 14 kW | $3.45 | $33,775 | $26,011 | 14.1 years |
| 16 kW | $3.37 | $37,796 | $30,531 | 13.8 years |
| 18 kW | $3.30 | $41,615 | $35,252 | 13.5 years |
| 20 kW | $3.23 | $45,234 | $40,175 | 13.2 years |
How to Save on Solar Panels
Since the brand of solar panels and the installer you choose significantly influences your costs and your system’s efficiency, production, and durability, it’s important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Installation Process: One of the most important things to understand when adopting solar power is the installation process itself. Be sure to clarify any details you need to know with your solar installer, such as what permits you should secure and how long the project will take.
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you opt for.
- Warranty: A quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: Review the contract terms closely to make sure you understand the cost breakdown, completion timeline rebates and warranties.
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 Edmonds, WA Solar Cost FAQs
What is the average cost of installing solar panels in Edmonds?
This is a tough question to answer precisely, because the cost depends on a few different 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 cost more if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
Can you get solar panels for free in Edmonds?
You can’t get solar panels for free in Edmonds. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d rather own your solar panels, you can finance them with a solar loan.
Can you sell solar power back to the grid in Edmonds?
Most states offer net metering programs of some kind. Through these, you can get paid for the extra power your system produces or or receive credits to put toward future energy bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
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 take a 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 get between 20 and 35 panels to cover 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.