Solar Panel Cost Guide in Ocean Shores, WA (2024 Update)
- Ocean Shores Solar Installation Cost: $11,220
- 25-Year Savings: $10,422
- Payback Period: 15.0 Years
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Average Cost of Solar Panels in Ocean Shores
Find out what the average cost of solar panels are in Ocean Shores.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Ocean Shores, the typical cost of solar panels is 4 per watt.To account for the typical energy needs of the average home in Ocean Shores, most homeowners require a 4.5-kilowatt system. Using the per-watt figure above, a solar installation costs about $11,220, or $16,045 before the federal solar tax credit of 0 is applied.
These figures are just averages, and how much solar costs for you may vary based on factors unique to your home and what company you choose to go with.For many homeowners, the upfront investment in solar is worth paying. On average Ocean Shores homeowners see about $17,000 in savings on energy bills over 20 years.
Click the button below to get connected to a top solar installer in your area for a customized estimate.
Solar savings over time in Ocean Shores
Year | Return on Investment |
---|---|
1 years | $-9,732 |
3 years | $-6,756 |
5 years | $-3,779 |
7 years | $-803 |
9 years | $2,174 |
11 years | $5,150 |
13 years | $8,126 |
15 years | $11,103 |
17 years | $14,079 |
19 years | $17,056 |
21 years | $20,032 |
23 years | $23,009 |
25 years | $25,985 |
Top Solar Installers in Ocean Shores
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can be a headache. Using a solar company can make swapping over to solar power much easier. Local solar installation companies can also help you maximize your return on investment by assisting with any local incentives and by offering warranties and repairs.
You can work with a local solar installer to get a free estimate on how much your investment in solar could cost for your home. Here are some in Ocean Shores:
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 Ocean Shores
Factors that Affect Solar Panel Costs in Ocean Shores
Although the average cost of a solar system in Ocean Shores is $11,220, your final cost may differ. There are quite a few factors that can have a significant impact on the cost of a solar system installation. Below are some of the more crucial things to consider.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems that have higher efficiency or power production use better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,590.Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Ocean Shores, 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
Most solar companies in Ocean Shores have solar loans, which reduce the initial cost of installing solar panels.When considering your overall cost, you should also calculate the interest you’ll pay if you go with a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
The solar installer you go with to handle your switch to solar energy can play a role in your total costs. There are about 3 solar panel companies operating throughout Ocean Shores, and each can charge different amounts for labor and equipment.The size of the company sometimes plays the most considerable role in the cost. Larger national companies, like SunPro and Sunrun, often have lower pricing due to access to more resources and better 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 | $9,503 | 15.6 years |
8 kW | $3.66 | $20,506 | $13,073 | 15.3 years |
10 kW | $3.59 | $25,130 | $16,843 | 15.0 years |
12 kW | $3.52 | $29,553 | $20,815 | 14.7 years |
14 kW | $3.45 | $33,775 | $24,988 | 14.4 years |
16 kW | $3.37 | $37,796 | $29,362 | 14.1 years |
18 kW | $3.30 | $41,615 | $33,937 | 13.8 years |
20 kW | $3.23 | $45,234 | $38,713 | 13.5 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you find the right company for you, here are some tips to keep in mind:
- Installation Process: An important thing to understand when adopting solar energy is the installation process itself. Be sure to clarify any details you should know with your solar company, such as what permits you should secure and what the project timeline is.
- Reputation: Long-running companies likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Contract: Before you sign a contract with a solar company, make sure you read it through completely so you understand the terms. Also, ask questions if you’re not sure about some of the terms, such as what the warranty covers and what services you can expect from them.
- Warranty: A comprehensive, long-term warranty can help keep your solar system running for years to come and save you money on repairs and maintenance.
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 Ocean Shores, WA Solar Cost FAQs
How much does it cost to install solar panels in Ocean Shores?
This is a tough question to answer precisely, because the cost depends on a variety of 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 above-average energy usage. On the other hand, you can spend less if you want a smaller solar panel system or cheaper solar panels.
Is cost the most important thing to think about when buying solar panels?
Cost is a very important factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In places where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to consider are the quality and durability of your solar panels.
Can you sell solar power back to the grid in Ocean Shores?
Each state has some kind 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 power bills.
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount 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.