Solar Panel Cost Guide in Bull Mountain, OR (2024 Update)
- Bull Mountain Solar Installation Cost: $10,677
- 25-Year Savings: $14,347
- Payback Period: 11.9 Years
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Average Cost of Solar Panels in Bull Mountain
Find out what the average cost of a solar system is in Bull Mountain.
Although the national average of solar panels is $2.66 per watt, solar panels in Bull Mountain generally cost about 4.The average solar panel system size in Bull Mountain is around 4.4 kilowatts, meaning a cost of about $10,677 for a solar installation, or $15,268 before the 0 federal solar tax credit is applied.
These figures are just estimates, and how much solar costs for you will most likely differ based on your specific situation and what company you choose to go with.With typical savings of about $21,000 on utility bills over 20 years, many homeowners in Bull Mountain find investing in solar can pay off big.
Click the button below to get connected to a highly rated solar installer in Bull Mountain for a custom estimate.
Solar savings over time in Bull Mountain
| Year | Return on Investment |
|---|---|
| 1 years | $-9,273 |
| 3 years | $-6,464 |
| 5 years | $-3,655 |
| 7 years | $-845 |
| 9 years | $1,964 |
| 11 years | $4,773 |
| 13 years | $7,582 |
| 15 years | $10,391 |
| 17 years | $13,200 |
| 19 years | $16,009 |
| 21 years | $18,818 |
| 23 years | $21,627 |
| 25 years | $24,436 |
Top Solar Installers in Bull Mountain
Many homeowners decide to hire a solar panel company since trying to put up solar panels yourself can be a labor-intensive endeavor. Another advantage of going with a solar installer is that they can help you optimize your ROI by reducing your future costs of repairs and replacements due to warranties and helping you learn about local incentives you can take advantage of.
There are a number of licensed solar professionals that can help you install your solar panels. Here are our suggestions:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
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 Bull Mountain
Factors that Affect Solar Panel Costs in Bull Mountain
Though the average cost of a solar system in Bull Mountain is $10,677, your final cost may be higher or lower than that. There are several factors that can have a significant impact on the cost of a solar system installation. Below are some of the more important things to take into consideration.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more energy your household uses, the larger your system will likely need to be. You can expect to pay about $3,500 per kilowatt in Bull Mountain.The brand and type of equipment you want for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often come at a higher price 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 can expect a higher equipment cost, but this can typically lead to greater 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
Solar panels can save you money on power bills over many years, but they can also be a significant investment. That’s why many Bull Mountain homeowners decide to finance their solar panel systems to offset upfront costs.However, the interest on solar loans also adds to your all-in costs, so it’s crucial to consider that 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 solar company you go with to handle your switch to renewable energy can play a role in your total costs. There are about 3 solar installation companies operating in Bull Mountain, and each can charge varying amounts for labor and equipment.Larger national companies generally have lower costs, but some local companies compete with them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or add-on services like electric vehicle charger installation, they might be cheaper overall.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.64 | $15,288 | $15,643 | 12.4 years |
| 8 kW | $3.57 | $19,992 | $21,250 | 12.1 years |
| 10 kW | $3.50 | $24,500 | $27,052 | 11.9 years |
| 12 kW | $3.43 | $28,812 | $33,051 | 11.6 years |
| 14 kW | $3.36 | $32,928 | $39,245 | 11.4 years |
| 16 kW | $3.29 | $36,848 | $45,636 | 11.2 years |
| 18 kW | $3.22 | $40,572 | $52,222 | 10.9 years |
| 20 kW | $3.15 | $44,100 | $59,005 | 10.7 years |
How to Save on Solar Panels
There are many companies to choose from in Bull Mountain, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:
- Reputation: Your solar installer should have a good reputation as a company and have demonstrated expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from past customers.
- Installation Process: Make sure you’re on the same page with the installer with regard to how the installation process will go and what needs to be done before your solar panel system is installed, such as updating or replacing your electrical system or roof.
- Warranty: Warranties that provide coverage for defective panels and repairs over around 25 years are the best you can get in the business, and offering such a warranty is one sign of a quality company.
- Contract: Read the contract terms closely to make sure you understand the overall cost, completion timeline incentives and warranties.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
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 Bull Mountain, OR Solar Cost FAQs
How much does it cost to install solar panels in Bull Mountain?
This is a difficult question to answer exactly, because the cost depends on many factors. Generally speaking, it costs about $17,500 for a 5-kW system and $35,000 for a 10-kW system after the ITC is applied. You can expect to pay more if you want other solar equipment or more efficient panels, or if you have above-average energy usage. Conversely, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
What other factors should I consider aside from cost when buying solar panels?
Cost is certainly one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
How much can I save on energy bills after installing solar panels?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners throughout Bull Mountain, 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.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy usage and how much sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to account for their typical energy usage.
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.