Solar Panel Cost Guide in Woodburn, OR (2024 Update)
- Woodburn 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 Woodburn
We break down average solar pricing in Woodburn.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Woodburn, the typical cost of a solar system is 4 per watt.The average Woodburn homeowner needs a 4.2-kilowatt system, which would cost about $10,293 with the federal tax credit, or $14,719 before the 0 tax credit is applied.
Bear in mind that the figures above are only estimates based on the average energy use of Woodburn homeowners. The price of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor.Many homeowners find going solar is a sound investment. The average homeowner in Woodburn can save about $21,000 on their electricity bills over 20 years.
Click the button below to get connected to a reputable solar installer in Woodburn for a customized estimate.
Solar savings over time in Woodburn
| 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 Woodburn
Although you can install solar panels yourself, it takes extra effort and know-how. That's one of the reasons almost all homeowners choose to go with a solar panel installer. Solar companies provide key benefits that can help you maximize your investment, like warranties, monitoring and free repairs.
Working with a licensed solar installer can make going solar easier. Here are our recommendations:
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 Woodburn
Factors that Affect Solar Panel Costs in Woodburn
Though the average cost of a solar system in Woodburn is $10,293, your final cost may be higher or lower than that. There are several factors that can have a sizable impact on the cost of a solar system installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. For that reason, it’s important to accurately assess the size of the solar energy system needed for your home by figuring out your typical energy use.The kind of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more in the long run on your power bills. Additionally, extra products, like solar batteries, can bring your total well above the Woodburn average.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be a challenge. Solar loans are offered by most installers in Woodburn, which can bring down, or in some cases eliminate, your upfront costs to make solar more affordable.When trying to figure out your overall cost, you should also calculate the interest you’ll pay if you decide on a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Woodburn is the company you hire to install your PV system. As with choosing a company to install new cabinets, for example, there are plenty of solar installers that offer a range of services at different costs.Some companies only sell high-quality, high-efficiency and high-price products — 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 decide on the company that provides the products, warranties and services you want and also fits 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 | $3.64 | $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 kind of solar panels and the installer you choose considerably influences 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: Homeowners should make sure they understand how exactly the installation process will go, as well as important factors like the completion timeline.
- Reputation: Make sure your solar installer has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like EcoWatch.
- Contract: When reading over your solar installer’s contract, ask for clarification about any terms you’re not sure of and make sure you understand what happens in scenarios like a system component breaking or if the company goes out of business.
- Warranty: A comprehensive, long-term warranty can help keep your solar panels running for years to come and save you money on part replacement and repairs.
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 Woodburn, OR Solar Cost FAQs
How much does it cost to install solar panels in Woodburn?
This is a tough question to answer exactly, because the cost depends on a variety of 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 higher quality panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
Is cost the most important consideration when buying solar panels?
The upfront cost is a very important factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In cities where rooftop space is limited, efficiency can trump the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.
Is switching to solar power worth it?
Whether or not solar panels are worth it depends on a variety of factors like the cost of electricity near you and the amount of direct sunlight your roof gets.
How often do you have to replace solar panels?
Even though 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 choose 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.