Solar Panel Cost Guide in Five Corners, WA (2024 Update)
- Five Corners Solar Installation Cost: $11,156
- 25-Year Savings: $16,162
- Payback Period: 14.9 Years
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Average Cost of Solar Panels in Five Corners
We go over average solar pricing in Five Corners.
The national average cost of solar panels is $2.66 per watt, but in Five Corners it’s 4 per watt.The average solar panel system size in Five Corners is around 4.4 kilowatts, meaning a cost of about $11,156 for a solar installation, or $15,953 before the 0 federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you’ll pay for solar will differ based on your household energy needs, the type of solar system you choose, your solar contractor and more.But, after you've paid the upfront cost of installation, the payback for most homeowners is quite rewarding, with a net average savings of about $17,000 over 20 years on electricity bills.
Click the button below to get connected to a highly rated solar company in Five Corners for a customized estimate.
Solar savings over time in Five Corners
| 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 Five Corners
Although you can install solar panels on your own, it takes extra energy and know-how. That's why almost all homeowners choose to hire a solar panel installer. A solar installer can also help save you money in the long run by providing warranties, repairs and component replacements.
If you’d like to go solar but still aren’t sure which solar system company to go with, here are our recommendations for providers nearby:
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 Five Corners
Factors that Affect Solar Panel Costs in Five Corners
There are many factors that can play into your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. That’s why it’s a priority to accurately gauge the size of the solar energy system needed for your home by figuring out your energy needs.The model of solar panels and equipment you choose is another factor that will significantly influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Furthermore, solar equipment is more than just the solar panels themselves. You’ll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking for a solar system that falls within your budget.
Solar Financing Terms
Most solar companies in Five Corners offer solar loans, which reduce your upfront costs of installing a solar system.You’ll have to consider the long-term cost of loans, including the total interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the original cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs remarkably.
Solar Panel Installation Company
Finally, the company you hire to install your solar panel system can influence the cost. Five Corners’s solar companies all have different labor costs and add varying upcharges to equipment. The size of the company sometimes plays the most considerable role in your costs. Larger national companies, like SunPro and Sunrun, often have lower prices because of access to greater resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger names.
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
Since the brand of solar panels and the company you choose greatly influences your costs and your system’s efficiency, production, and durability, it’s important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, longevity and efficiency. They will come at different price points as well. The company you choose affects which solar panel brands you have access to.
- Contract: Before you sign a contract with a solar installer, be sure to read it through carefully so you understand the terms. Also, ask questions if you’re unsure about some of the terms, such as what to do if a component breaks or malfunctions and what services you can expect from them.
- Installation Process: Get detailed information from your solar company about the installation process and what to expect, including when the site survey will be done and how long it will take.
- Reputation: Companies that have been operating for many years likely have a good reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
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 Five Corners, WA Solar Cost FAQs
What is the average cost of installing solar panels in Five Corners?
This is a hard question to answer exactly, because the cost depends on a variety of factors. Generally speaking, it costs about $17,950 for a 5-kW system and $35,900 for a 10-kW system after the ITC is applied. You can expect to pay more if you want additional solar equipment or higher quality panels, or if you have above-average energy consumption. On the flip side, you can spend less if you go with a smaller solar panel system or less efficient solar panels.
Is cost the most important consideration when buying solar panels?
Cost is without a doubt one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Is it worth going solar in Five Corners?
Whether or not solar panels are worth it depends on some different factors like how much you pay for electricity and how much direct sunlight your roof gets.
How often do you have to replace solar panels?
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 larger level 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.