Solar Panel Cost Guide in Keizer, OR (2024 Update)
- Keizer Solar Installation Cost: $10,293
- 25-Year Savings: $14,640
- Payback Period: 11.5 Years
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Average Cost of Solar Panels in Keizer
Let’s take a look at the average cost of solar panels in Keizer.
The national average cost of solar panels is $2.66 per watt, but in Keizer it’s 4 per watt.The average solar panel system size in Keizer is around 4.2 kilowatts, meaning a cost of about $10,293 for a solar installation, or $14,719 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 may look quite different based on your household energy consumption, the type of solar panels you want, your solar contractor and more.For many homeowners, the upfront investment in solar panels is worth paying. On average Keizer homeowners see about $21,000 in savings on utility bills over 20 years.
Click the button below to get connected to a top solar company in your area for a custom quote.
Solar savings over time in Keizer
| Year | Return on Investment |
|---|---|
| 1 years | $-8,888 |
| 3 years | $-6,079 |
| 5 years | $-3,270 |
| 7 years | $-461 |
| 9 years | $2,348 |
| 11 years | $5,157 |
| 13 years | $7,966 |
| 15 years | $10,775 |
| 17 years | $13,585 |
| 19 years | $16,394 |
| 21 years | $19,203 |
| 23 years | $22,012 |
| 25 years | $24,821 |
Top Solar Installers in Keizer
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can be a headache. Going with a solar panel installer can make converting to solar power much easier. Solar companies offer key benefits that can help you maximize your investment, like warranties, monitoring and free repairs.
If you’d like to start using solar energy but still aren’t certain which solar panel company to go with, here are our suggestions for providers near you:
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 Keizer
Factors that Affect Solar Panel Costs in Keizer
Cost is often one of the most important factors for homeowners who want to invest in solar. There are a few key factors that will push your cost above or below the average in Keizer: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems that have 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.There are many different solar panel brands and the one you choose also affects the cost. Generally speaking, the brands that offer higher efficiency tend to also cost more. Plus, the type of equipment you’re looking to get can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on power bills over time, but they can also be a big investment. That’s why many Keizer homeowners choose to finance their solar panel systems to make paying for solar more affordable.It’s wise to factor the interest you’ll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and how long it’ll take to pay off the loan.
Solar Panel Installation Company
The remaining major cost factor you should take into consideration is the installer you choose. Given the booming popularity of renewable energy solutions in Keizer, you’ll have many options to choose from, but each comes at various price points 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 pricing, or you might see small, local installation companies offering deals or specials 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 | $3.64 | $15,288 | $16,799 | 11.9 years |
| 8 kW | $3.57 | $19,992 | $22,791 | 11.7 years |
| 10 kW | $3.50 | $24,500 | $28,978 | 11.5 years |
| 12 kW | $3.43 | $28,812 | $35,362 | 11.2 years |
| 14 kW | $3.36 | $32,928 | $41,942 | 11.0 years |
| 16 kW | $3.29 | $36,848 | $48,717 | 10.8 years |
| 18 kW | $3.22 | $40,572 | $55,689 | 10.5 years |
| 20 kW | $3.15 | $44,100 | $62,857 | 10.3 years |
How to Save on Solar Panels
Since the type of solar panels and the company you choose considerably impacts 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:
- Installation Process: Make sure you’re aligned with the company with regard to how the installation process will go and what you need to do before your solar panels are installed, such as updating your electrical system or roof.
- Contract: When reading over your solar company’s contract, ask for clarification about any terms you’re not sure of and be sure you understand what happens in scenarios like a system component breaking or if the company goes out of business.
- Solar Panel Brands: Different companies will offer various brands and models of panels. If you want a specific brand, make sure the solar panel company you’re considering has it.
- Reputation: Solar system installers that have great reviews from their customers and that have been operating for many years likely offer high-quality solar panel installation and expertise.
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 Keizer, OR Solar Cost FAQs
How much does it cost to install solar panels in Keizer?
This is a difficult question to answer precisely, 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 cost more if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy consumption. On the flip side, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.
Are solar panels free in Keizer?
A solar panel system isn’t free in Keizer, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
How much can I save on power bills after switching to solar?
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 $1,069.57 per year.
How long do solar panels last in Keizer?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is how much energy they produce will have decreased significantly after that point. You can opt to replace them after having them for that long or you can keep using them at a lower efficiency.
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.