Solar Panel Cost Guide in Grants Pass, OR (2024 Update)
- Grants Pass Solar Installation Cost: $8,915
- 25-Year Savings: $15,687
- Payback Period: 9.9 Years
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Average Cost of Solar Panels in Grants Pass
Find out what the average cost of solar panel installation is in Grants Pass.
The average cost of a solar panel system in Grants Pass is 4 per watt.To cover the typical energy needs of the average home in Grants Pass, most homeowners require a 3.6-kilowatt system. Using the figure above, a solar installation costs about $8,915, or $12,748 before the federal solar tax credit of 0 is applied.
These figures are just estimates, and your own solar costs will most likely differ based on your energy needs and what company you want to go with.Many homeowners find going solar is a solid investment. The average homeowner in Grants Pass can save about $25,000 on their power bills over 20 years.
To receive a free estimate from a pre-vetted solar installation company in Grants Pass, you can click the button below.
Solar savings over time in Grants Pass
| Year | Return on Investment |
|---|---|
| 1 years | $-7,706 |
| 3 years | $-5,287 |
| 5 years | $-2,869 |
| 7 years | $-450 |
| 9 years | $1,968 |
| 11 years | $4,387 |
| 13 years | $6,806 |
| 15 years | $9,224 |
| 17 years | $11,643 |
| 19 years | $14,062 |
| 21 years | $16,480 |
| 23 years | $18,899 |
| 25 years | $21,317 |
Top Solar Installers in Grants Pass
Many homeowners opt for a solar installation company since figuring out how to install solar panels by yourself can be time-consuming. Since solar panels are exposed to the elements every day, warranties and repairs from your solar company can help you get the most out of your investment in solar panels by reducing potential costs down the line.
You can get a free estimate from a local solar installer on how much solar panels could cost for your home. Here are some in Grants Pass:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 Grants Pass
Factors that Affect Solar Panel Costs in Grants Pass
The cost of installing a solar system in Grants Pass can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The biggest one is the size of the system you need, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power generation 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 $3,500.The brand and kind 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 a small roof or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Most solar installers in Grants Pass provide solar loans, which reduce your upfront costs of installing solar panels.You’ll have to consider the long-term cost of financing options, including the total interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or finding a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
Lastly, the company you opt for to install your solar panels can influence your pricing. Grants Pass’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Grants Pass know more about local solar incentives and can help you make good use of additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you more money in the long run.
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 | $21,756 | 10.3 years |
| 8 kW | $3.57 | $19,992 | $29,401 | 10.1 years |
| 10 kW | $3.50 | $24,500 | $37,241 | 9.9 years |
| 12 kW | $3.43 | $28,812 | $45,277 | 9.7 years |
| 14 kW | $3.36 | $32,928 | $53,509 | 9.5 years |
| 16 kW | $3.29 | $36,848 | $61,937 | 9.3 years |
| 18 kW | $3.22 | $40,572 | $70,561 | 9.1 years |
| 20 kW | $3.15 | $44,100 | $79,382 | 8.9 years |
How to Save on Solar Panels
There are many companies to choose from in Grants Pass, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be tough, so here are some tips to help you decide:
- Reputation: Solar companies that have great reviews from their customers and that have been operating for many years likely offer high-quality solar panel installation and expertise.
- Solar Panel Brands: Each solar panel brand and kind has varying levels of quality, durability and energy efficiency. They will come at different price points as well. The company you choose impacts which solar panel brands you have access to.
- Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the completion timeline.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar system running for years to come and save you money on repairs and maintenance.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 Grants Pass, OR Solar Cost FAQs
What is the average cost of installing solar panels in Grants Pass?
This is a hard question to answer exactly, because the cost depends on a few different factors. Broadly speaking, it costs about $17,500 for a 5-kW system and $35,000 for a 10-kW system after the ITC is applied. It will be more expensive if you want extra solar equipment or higher quality panels, or if you have above-average energy usage. Conversely, you can spend less if you go with a smaller solar panel system or less efficient solar panels.
Should I lease or buy solar panels in Grants Pass?
Leasing solar panels can be an option if you can’t afford to pay upfront or secure a solar loan, but since you don’t own the system, you can’t take advantage of 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 financial benefits from going solar.
How much can I save on power bills after installing solar panels?
Solar panels can potentially eliminate your electricity bills depending on your location and the efficiency of your system. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $1,234.82 per year.
How many solar panels do I need to power my home?
To figure out how many solar panels you need, you should find out how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average house 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.