Solar Panel Cost Guide in Granger, WA (2024 Update)
- Granger Solar Installation Cost: $9,708
- 25-Year Savings: $11,544
- Payback Period: 12.9 Years
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Average Cost of Solar Panels in Granger
Let’s have a look at the average cost of solar in Granger.
Although the national average of solar panels is $2.66 per watt, solar panels in Granger generally cost about 4.The average Granger homeowner needs a 3.9-kilowatt system, which would cost about $9,708 with the federal tax credit, or $13,882 before the 0 tax credit is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The exact cost of installing solar panels can vary quite a bit based on several factors, such as how many panels you need, your energy consumption and what company you go with.But, after you've paid the upfront cost of installation, the ROI for most homeowners is quite rewarding, with a net average savings of about $19,000 over 20 years on utility bills.
To calculate your potential savings and connect with a local solar expert, click the button below.
Solar savings over time in Granger
Year | Return on Investment |
---|---|
1 years | $-8,727 |
3 years | $-6,766 |
5 years | $-4,804 |
7 years | $-2,843 |
9 years | $-882 |
11 years | $1,079 |
13 years | $3,041 |
15 years | $5,002 |
17 years | $6,963 |
19 years | $8,924 |
21 years | $10,886 |
23 years | $12,847 |
25 years | $14,808 |
Top Solar Installers in Granger
When switching to solar energy, many homeowners decide to hire a solar company since installing a solar system yourself can be a difficult project. Because solar panels are exposed to temperature swings and extreme weather, warranties and repairs from your solar company can help you get the most out of your investment in solar panels by reducing potential costs down the line.
There are various 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 Granger
Factors that Affect Solar Panel Costs in Granger
There are several criteria that can play into your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
The size of the solar system you need for your home, 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 around $3,590. Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Granger, where sunlight is relatively abundant, efficiency can quickly pay off. Also, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be difficult. Solar loans are available from most installers in Granger, which can lower, or in some cases eliminate, your upfront costs to make solar more accessible.When trying to figure out your overall cost, you should also calculate the interest you’ll pay if you decide on a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
The solar company you hire to handle your switch to clean energy can play a part in your total costs. There are about 3 solar panel companies operating throughout Granger, and each can charge varying amounts for labor and equipment.You may see national solar installers that have lower prices due to their larger brand name and access to bulk prices, 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 | $3.73 | $15,681 | $13,428 | 13.5 years |
8 kW | $3.66 | $20,506 | $18,306 | 13.2 years |
10 kW | $3.59 | $25,130 | $23,385 | 12.9 years |
12 kW | $3.52 | $29,553 | $28,665 | 12.7 years |
14 kW | $3.45 | $33,775 | $34,146 | 12.4 years |
16 kW | $3.37 | $37,796 | $39,828 | 12.2 years |
18 kW | $3.30 | $41,615 | $45,711 | 11.9 years |
20 kW | $3.23 | $45,234 | $51,796 | 11.7 years |
How to Save on Solar Panels
There are numerous companies to choose from in Granger, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be tough, so here are some tips to help you decide:
- Reputation: Make sure your solar system installer has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like EcoWatch.
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, durability and efficiency. They will come at different price points as well. The company you choose plays a role in which solar panel brands you have access to.
- Warranty: Many companies offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the project timeline.
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 Granger, WA Solar Cost FAQs
What is the average cost of installing solar panels in Granger?
This is a difficult 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 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 less efficient solar panels.
Should I lease or buy solar panels in Granger?
Leasing solar panels can be an option if you can’t afford to pay upfront or secure a solar loan, but since you don’t own the system, you don’t have access to many solar incentives. Also your property value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most financial benefits from going solar.
Can you sell solar power back to the grid in Granger?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just offer you credit toward your future utility bills.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is 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.