Solar Panel Cost Guide in Suquamish, WA (2024 Update)
- Suquamish Solar Installation Cost: $11,397
- 25-Year Savings: $10,291
- Payback Period: 15.2 Years
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Average Cost of Solar Panels in Suquamish
We go over average solar pricing in Suquamish.
The average cost of a solar system in Suquamish is 4 per watt.To account for the typical energy needs of the average home in Suquamish, most homeowners require a 4.5-kilowatt system. Using the figure above, a solar installation costs around $11,397, or $16,298 before the federal solar tax credit of 0 is applied.
These figures are just averages, and your own solar costs will look different based on factors unique to your home and what company you choose to go with.But, after you've paid the upfront cost of installation, the ROI for most homeowners is quite fruitful, with a net average savings of about $17,000 over 20 years on electricity bills.
For a personalized quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Suquamish
| Year | Return on Investment |
|---|---|
| 1 years | $-10,121 |
| 3 years | $-7,569 |
| 5 years | $-5,017 |
| 7 years | $-2,466 |
| 9 years | $86 |
| 11 years | $2,638 |
| 13 years | $5,190 |
| 15 years | $7,742 |
| 17 years | $10,294 |
| 19 years | $12,845 |
| 21 years | $15,397 |
| 23 years | $17,949 |
| 25 years | $20,501 |
Top Solar Installers in Suquamish
DIY solar panel installation is a way to cut costs, but it's an undertaking that can be a pain. Hiring an installer can make your swap to solar power much easier. Another good thing about going with a reliable solar installer is that it'll usually provide warranties and free repairs, which help protect your solar system over time.
If you're searching for a solar installer in Suquamish, the EcoWatch team has organized 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 Suquamish
Factors that Affect Solar Panel Costs in Suquamish
The cost of installing a solar system in Suquamish can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The biggest one is your system size, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
When it comes to estimating the price of a solar energy system in Suquamish, one of the most important 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 usage, which you can gauge by looking at past power bills. Your overall cost can increase by about $3,590 for each additional kilowatt you need.There are a lot of different solar panel brands and the one you pick also changes the cost. In general, the brands that have better efficiency tend to also cost more. Plus, the type of equipment you want to install can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Many homeowners find the average cost of solar in Suquamish to be too costly, even if the investment pays off over time. Thankfully, almost every solar company in the area offers financing options. Solar loans greatly decrease upfront costs in most cases, but they also lead to a higher cost over time because of interest.You’ll have to consider the long-term cost of financing options, including the amount of interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the original cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
Lastly, the company you opt for to install your solar panels can play a part in determining the cost. Suquamish’s solar companies all have different labor costs and add varying upcharges to equipment. Some companies only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It’s best to do some research and choose a company that has the products, warranties and services you want and also is within your budget.
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 | $9,113 | 15.8 years |
| 8 kW | $3.66 | $20,506 | $12,553 | 15.5 years |
| 10 kW | $3.59 | $25,130 | $16,193 | 15.2 years |
| 12 kW | $3.52 | $29,553 | $20,035 | 14.9 years |
| 14 kW | $3.45 | $33,775 | $24,078 | 14.6 years |
| 16 kW | $3.37 | $37,796 | $28,322 | 14.3 years |
| 18 kW | $3.30 | $41,615 | $32,767 | 14.0 years |
| 20 kW | $3.23 | $45,234 | $37,413 | 13.7 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you select the right company for you, here are some tips to keep in mind:
- Warranty: Each company may offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, longevity and energy efficiency. They will come at different prices as well. The company you choose plays a role in which solar panel brands you have access to.
- Reputation: Make sure your solar installer has a good reputation by verifying it has certifications and licenses, checking how long it's been in business and reading reviews by past customers and solar experts like the EcoWatch team.
- Contract: Before signing a contract with a solar installer, make sure to look it over carefully so you understand the terms. Also, ask questions if you’re not certain about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
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 Suquamish, WA Solar Cost FAQs
What is the average cost of installing solar panels in Suquamish?
The average cost of solar panels in Suquamish is about $17,950 for a 5-kW system and $35,900 for a 10-kW system before the ITC, but the real cost will depend on things such as the kind of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important consideration when buying solar panels?
Cost is without a doubt one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Does Suquamish have a net metering program?
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 give you credit toward your future energy bills.
How long do solar panels last in Suquamish?
On average, solar panels can last 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 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.