Solar Panel Cost Guide in Venersborg, WA (2024 Update)
- Venersborg Solar Installation Cost: $11,156
- 25-Year Savings: $10,470
- Payback Period: 14.9 Years
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Average Cost of Solar Panels in Venersborg
Find out what the average cost of a solar system is in Venersborg.
Although the national average of solar panels is $2.66 per watt, solar panels in Venersborg typically cost about 4.Using this figure, a typical 4.4-kW system would cost about $11,156 before the 0 federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you’ll end up paying for solar will differ based on your household energy needs, the type of equipment you choose, your solar contractor and more.Despite the high upfront cost, the average Venersborg homeowner can save around $17,000 on their electricity bills over 20 years, which is one of the advantages of solar.
To calculate your potential savings and connect with a local solar company, click the button below.
Solar savings over time in Venersborg
| Year | Return on Investment |
|---|---|
| 1 years | $-10,063 |
| 3 years | $-7,878 |
| 5 years | $-5,692 |
| 7 years | $-3,507 |
| 9 years | $-1,321 |
| 11 years | $864 |
| 13 years | $3,049 |
| 15 years | $5,235 |
| 17 years | $7,420 |
| 19 years | $9,606 |
| 21 years | $11,791 |
| 23 years | $13,977 |
| 25 years | $16,162 |
Top Solar Installers in Venersborg
Many homeowners decide to use a solar panel installer since figuring out how to install solar panels yourself can be challenging. Another benefit of using a solar installer is that they can help you optimize your investment by lowering your future costs of repairs and replacements with the help of warranties and helping you learn about local incentives you can take advantage of.
Working with a vetted solar company can make going solar easier. Here are our recommendations:
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 Venersborg
Factors that Affect Solar Panel Costs in Venersborg
For many Venersborg homeowners, the decision to install a solar energy system comes down to cost. However, the range of solar installation costs can be quite wide in Venersborg, with typical prices between $20,000 to $40,000. There are numerous factors that considerably influence the price you’ll pay, which we'll go over below.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a variety of factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power production require 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.There are a lot of different solar panel brands and the one you pick also changes the cost. Usually, the brands that are more efficient tend to also be more expensive. 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 Venersborg to be prohibitively costly, even if the investment pays off over time. Thankfully, almost every solar installer in the area offers financing options. Solar loans remarkably decrease upfront costs for most homeowners, but they also lead to higher prices over time because of interest.However, the interest on solar loans also adds to your overall costs, so it’s crucial to take that into consideration as well. You can always reduce the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
The last significant cost factor you should take into consideration is the installer you choose. Given the growing popularity of green energy solutions in Venersborg, you’ll have a great number of options to choose from, but each comes at different price points for labor and equipment.Companies that 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 go with the company that has the products, warranties and services you’re looking for 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 | $9,648 | 15.5 years |
| 8 kW | $3.66 | $20,506 | $13,267 | 15.2 years |
| 10 kW | $3.59 | $25,130 | $17,086 | 14.9 years |
| 12 kW | $3.52 | $29,553 | $21,106 | 14.6 years |
| 14 kW | $3.45 | $33,775 | $25,328 | 14.3 years |
| 16 kW | $3.37 | $37,796 | $29,750 | 14.0 years |
| 18 kW | $3.30 | $41,615 | $34,373 | 13.7 years |
| 20 kW | $3.23 | $45,234 | $39,198 | 13.4 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since selecting a company can be difficult, we have some tips to help you, such as:
- Reputation: Solar system installers that have great reviews from their customers and that have been operating for many years most likely provide good-quality solar panel installation and expertise.
- Contract: It’s important to read through your solar installer’s contract carefully to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system’s energy production.
- Installation Process: When making the switch to solar power, it’s important to keep an open line of communication with your solar company. Confirm that you understand how the installation process works and the project completion timeline.
- Warranty: Warranties that provide coverage for replacement parts and repairs over a couple decades are the best you can get in the business, and offering that kind of warranty is one indication of a quality company.
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 Venersborg, WA Solar Cost FAQs
What is the average cost of installing solar panels in Venersborg?
This is a difficult question to answer precisely, because the cost depends on a few different factors. Broadly 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 higher-than-average energy usage. On the other hand, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
Is it better to lease or buy solar panels in Venersborg?
Leasing solar panels can be an attractive choice, as it usually comes with low or $0 upfront payments. The drawback is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any incentives and your home value won’t increase. Buying solar panels is a better way to go if you want to get the most savings.
Can solar panels completely eradicate my electricity bills?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners throughout Venersborg, that will require at least a 10-kW system. Not all homes 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 long do solar panels last in Venersborg?
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 higher 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.