Solar Panel Cost Guide in Midland, WA (2024 Update)
- Midland Solar Installation Cost: $10,754
- 25-Year Savings: $10,768
- Payback Period: 14.3 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Midland
We go over average solar pricing in Midland.
While the national average of solar panels is $2.66 per watt, solar panels in Midland typically cost about 4.Because a 4.3-kW system is needed to cover the energy costs of a typical home in Midland, the average price of going solar will be about $10,754 after claiming the federal solar tax credit of 0.
Remember that the numbers above are only averages. The price you’ll pay for solar will differ based on your household energy use, the type of solar panels you choose, your solar contractor and more.But, once you've paid the upfront cost of installation, the payback for most homeowners is typically rewarding, with a net average savings of about $18,000 over 20 years on power bills.
To calculate your potential savings and connect with a local solar company, click the button below.
Solar savings over time in Midland
| Year | Return on Investment |
|---|---|
| 1 years | $-9,520 |
| 3 years | $-7,052 |
| 5 years | $-4,585 |
| 7 years | $-2,117 |
| 9 years | $351 |
| 11 years | $2,818 |
| 13 years | $5,286 |
| 15 years | $7,754 |
| 17 years | $10,222 |
| 19 years | $12,689 |
| 21 years | $15,157 |
| 23 years | $17,625 |
| 25 years | $20,092 |
Top Solar Installers in Midland
Many homeowners choose to hire a solar panel company since installing solar panels by yourself can be a labor-intensive endeavor. The expertise that solar installers provide can be valuable as well, particularly if you don’t quite know what kind of solar equipment would be right for your home.
If you're looking for a solar installer in Midland, the EcoWatch team has compiled a list of our top suggestions here:
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 Midland
Factors that Affect Solar Panel Costs in Midland
Though the average cost of a solar system in Midland is $10,754, your final cost may be above or below the average. There are quite a few factors that can have a major impact on the cost of a solar panel installation. Below are some of the more important things to take into consideration.
Solar Equipment
When it comes to estimating the cost of a solar system in Midland, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home’s energy consumption, which you can gauge by looking at past energy bills. Your total cost can increase by around $3,590 for each additional kilowatt you need.The brand and type of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have limited roof space or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to more savings over time. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be difficult. Solar loans are offered by most installers in Midland, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more affordable.While solar loans make adopting solar energy more accessible for Midland homeowners, they can also raise the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. 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 last major cost factor you should take into consideration is the installer you choose. Given the growing popularity of sustainable energy solutions in Midland, you’ll have plenty of options to choose from, but each comes at various price points for labor and equipment.The size of the company can sometimes play the most considerable role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have 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 discount 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 | $10,595 | 14.9 years |
| 8 kW | $3.66 | $20,506 | $14,529 | 14.6 years |
| 10 kW | $3.59 | $25,130 | $18,664 | 14.3 years |
| 12 kW | $3.52 | $29,553 | $22,999 | 14.1 years |
| 14 kW | $3.45 | $33,775 | $27,536 | 13.8 years |
| 16 kW | $3.37 | $37,796 | $32,274 | 13.5 years |
| 18 kW | $3.30 | $41,615 | $37,213 | 13.2 years |
| 20 kW | $3.23 | $45,234 | $42,353 | 12.9 years |
How to Save on Solar Panels
The solar installer you go with will be a major factor in determining not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are some important things you should consider, including:
- Contract: Even though reading through a contract can be tedious, it’s important to do it carefully so you can make sure you understand how much the equipment and services will cost and the terms of the warranty.
- Warranty: If you care about the endurance of your solar panels, verifying that your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, including when the site survey will be done and what the project timeline is.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and energy needs. Even though there are many options for which model of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you ask for their list of offerings before making your decision.
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 Midland, WA Solar Cost FAQs
What is the average cost of installing solar panels in Midland?
The average cost of solar panels in Midland 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 things such as the type of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Midland?
You can’t get solar panels for free in Midland. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
How much can I save on energy bills after installing solar panels?
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 $875.87 per year.
How often do you have to replace solar panels?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is how much energy they produce will have decreased significantly after that point. You can replace them once you've had them for that long or you can continue to use them at a lower efficiency.
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.