Solar Panel Cost Guide in Sumner, WA (2024 Update)
- Sumner Solar Installation Cost: $10,754
- 25-Year Savings: $10,768
- Payback Period: 14.3 Years
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Average Cost of Solar Panels in Sumner
Let’s have a look at the average cost of solar panels in Sumner.
The national average cost of solar panels is $2.66 per watt, but in Sumner it’s 4 per watt.The average Sumner homeowner needs a 4.3-kilowatt system, which would cost about $10,754 with the federal tax credit, or $15,378 before the 0 tax credit is applied.
How much you pay can be above or below the average in Sumner depending on a few factors, such as the type of solar panels you choose and the solar contractor you hire.Even with the significant initial cost, the average Sumner homeowner can save about $18,000 on their power bills over 20 years, which is one of the advantages of solar.
For a customized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Sumner
Year | Return on Investment |
---|---|
1 years | $-9,478 |
3 years | $-6,926 |
5 years | $-4,375 |
7 years | $-1,823 |
9 years | $729 |
11 years | $3,281 |
13 years | $5,833 |
15 years | $8,385 |
17 years | $10,936 |
19 years | $13,488 |
21 years | $16,040 |
23 years | $18,592 |
25 years | $21,144 |
Top Solar Installers in Sumner
Putting up solar panels by yourself can be a challenging project, which is why getting a solar installer is a good option for many homeowners. Companies can also offer access to a large variety of the best solar panels and help you pick which one will be right for you.
If you're searching for a solar installer in Sumner, the EcoWatch team has put together a list of our top suggestions here:
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 Sumner
Factors that Affect Solar Panel Costs in Sumner
Cost is typically one of the most important factors for homeowners who want to invest in solar. There are a few key factors that affect your total cost in Sumner: 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 some different factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power generation require 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 $3,590.Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Sumner, where sunlight isn’t as abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a big investment. That’s why many Sumner homeowners decide to finance their solar panel systems to make going solar more affordable.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 above the equipment and labor cost. Making a larger down payment or getting a solar loan with a low interest rate could reduce your costs remarkably.
Solar Panel Installation Company
The solar panel installer you pick will play a role in your total cost to adopt solar energy. Different companies will bill different amounts for the equipment and labor.The company’s size sometimes plays the most considerable role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have access to more resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower 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 | $10,595 | 14.9 years |
8 kW | $3.66 | $20,506 | $14,529 | 14.6 years |
10 kW | $3.59 | $25,130 | $18,664 | 14.3 years |
12 kW | $3.52 | $29,553 | $22,999 | 14.1 years |
14 kW | $3.45 | $33,775 | $27,536 | 13.8 years |
16 kW | $3.37 | $37,796 | $32,274 | 13.5 years |
18 kW | $3.30 | $41,615 | $37,213 | 13.2 years |
20 kW | $3.23 | $45,234 | $42,353 | 12.9 years |
How to Save on Solar Panels
Since the brand of solar panels and the installation company you choose has an impact on your costs and your system’s efficiency, production, and durability, 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: An important thing to understand when adopting solar power is the installation process itself. Be sure to clarify any details you should know with your solar company, such as what permits you should secure and how long the project will take.
- Contract: Review the contract terms closely to make sure you understand the overall cost, project completion timeline rebates and warranties.
- Warranty: If you care about the endurance of your solar panels, making sure your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Reputation: Your solar installer should have a sound reputation as a company and have proven expertise in the field. Two ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from previous customers.
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 Sumner, WA Solar Cost FAQs
What is the average cost of installing solar panels in Sumner?
This is a tough question to answer precisely, because the cost depends on a few different factors. Broadly speaking, it costs about $17,950 for a 5-kW system and $35,900 for a 10-kW system after the ITC is applied. It will be more expensive if you want extra solar equipment or more efficient panels, or if you have above-average energy consumption. On the flip side, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
Are solar panels free in Sumner?
A solar panel system isn’t free in Sumner, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
How will solar panels impact the value of my home?
Solar panels can increase the value of your home remarkably as long as you buy or finance your panels and don’t go for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing a solar system."
How often do you have to replace solar panels?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can decide to replace them once you've had 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.