Solar Panel Cost Guide in Othello, WA (2024 Update)
- Othello Solar Installation Cost: $10,057
- 25-Year Savings: $11,285
- Payback Period: 13.4 Years
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Average Cost of Solar Panels in Othello
See how much it might cost to go solar in Othello.
The average cost of a solar system in Othello is 4 per watt.Using this figure, a typical 4.0-kW system would cost about $10,057 before the 0 federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average energy use of Othello homeowners. The price of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.Many homeowners find installing a solar system is a solid investment. The average homeowner in Othello can save around $19,000 on their electricity bills over 20 years.
For a customized quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Othello
| Year | Return on Investment |
|---|---|
| 1 years | $-8,889 |
| 3 years | $-6,553 |
| 5 years | $-4,218 |
| 7 years | $-1,882 |
| 9 years | $454 |
| 11 years | $2,789 |
| 13 years | $5,125 |
| 15 years | $7,461 |
| 17 years | $9,796 |
| 19 years | $12,132 |
| 21 years | $14,468 |
| 23 years | $16,803 |
| 25 years | $19,139 |
Top Solar Installers in Othello
DIY solar panel installation is a way to cut costs, but it's an undertaking that can be a headache. Taking advantage of an installer can make your swap to solar power much easier. Also, companies with a good reputation that are more expensive upfront could actually save you money in the long term due to their warranties, repair services and expert design.
If you’d like to make the switch to solar but still aren’t sure which solar system company to go with, here are our suggestions for providers nearby:
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 Othello
Factors that Affect Solar Panel Costs in Othello
Cost is often one of the most important factors for homeowners considering investing in solar. There are a few primary factors that determine your overall cost in Othello: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
The size of the solar panel system you need for your household, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $3,590. The kind of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more in the long run on your electric bills. In addition, add-on products, such as solar batteries, can bump up your total well above the Othello average.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be a challenge. Solar loans are available from most installers in Othello, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more affordable.Although solar loans make adopting solar energy more accessible for Othello homeowners, they can also add to 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 solar company you opt for to handle your switch to renewable energy can have an effect on your total costs. There are about 3 solar installation companies operating in Othello, and each can charge different amounts for labor and equipment.You may come across national solar installers that have lower prices due to their bigger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or promotions to compete with those larger 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 | $12,417 | 14.0 years |
| 8 kW | $3.66 | $20,506 | $16,957 | 13.7 years |
| 10 kW | $3.59 | $25,130 | $21,699 | 13.4 years |
| 12 kW | $3.52 | $29,553 | $26,642 | 13.1 years |
| 14 kW | $3.45 | $33,775 | $31,786 | 12.9 years |
| 16 kW | $3.37 | $37,796 | $37,132 | 12.6 years |
| 18 kW | $3.30 | $41,615 | $42,678 | 12.3 years |
| 20 kW | $3.23 | $45,234 | $48,425 | 12.1 years |
How to Save on Solar Panels
Since the model of solar panels and the installer you choose has an impact on your costs and your system’s durability and efficiency, it’s important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Contract: Although reading through a contract can take a lot of time, it’s important to do it thoroughly so you can be sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Warranty: A comprehensive, 25-year warranty can help keep your solar panel system running for years to come and save you money on repairs and maintenance.
- Solar Panel Brands: The model of solar panel you want to get plays a role in which installer you should choose, since different companies have access to different panels.
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years likely provide high-quality solar panel installation and expertise.
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 Othello, WA Solar Cost FAQs
How much does it cost to install solar panels in Othello?
The average cost of solar panels in Othello 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 certain factors like the model of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in Othello?
Leasing solar panels can be an option if you can’t afford to pay upfront or get 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 bang for your buck from going solar.
Can solar panels eliminate my energy bills?
It is possible to erase your electricity bills with solar panels, but for most homeowners in Othello, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you’ll want to contact a local solar installer to see how many panels can fit on your roof.
How many solar panels do I need to power my home?
To figure out what solar panel system size you need, you need to know how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average home will need 20 to 35 panels.
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.