Solar Panels Cost $10k-$20k in Coeur d'Alene, ID | October, 2024
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How much do solar panels cost in Coeur d'Alene, ID in 2024?
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To go solar in Coeur d'Alene, ID averages out to $3.72 per watt in the month of October, 2024.
According to the price, we can come to the conclusion that for every 1000 watts (1 kW) your solar system can generate, you will have to spend, on average, $3,720 for installation. When you deduct the 30% federal tax credit, a 5 kW solar installation in Coeur d'Alene will cost approximately $13,020. However, please keep in mind that a more powerful system might be necessary to fulfill your energy needs.
On the left side, choose your county to see the average roof size and the maximum capacity of residential solar for homes in your area. Find below a complete summary of the {price|costs, payback period, and 20-year average savings for a 5 kW system installed in your county.
Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Coeur d'Alene: $13,020US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Coeur d'Alene: 9 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Coeur d'Alene: $9,811US Average: $15,784
Solar Potential in Coeur d'Alene
Estimated system size and solar electricity production per median viable roof in Coeur d'Alene.
Roof size 787sq. ft.
Capacity 11kW DC
Electricity 12.6kkWh AC per yr.
Electricity Costs in Coeur d'Alene, ID & What that Means for Your Solar Panel Pricing
The typical monthly electric bill for Coeur d'Alene residents is $118.38, with a typical usage of 1,024 kWh. It’s worth noting that this statistic accounts for apartments and smaller homes, which typically require less energy consumption.
The average rate for electricity in Coeur d'Alene, ID in October, 2024 is 11.56¢ per kWh.
The typical energy user in Coeur d'Alene requires an 8 kW or more solar setup to take care of their entire power demands. The cost of a an 8 kW solar installation is approximately $29,760 upfront, but the federal tax credit offers a 30% credit, lowering your final cost to $20,832.
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in Coeur d'Alene
Shown on the left side, is a thorough cost summary of the various sizes of solar panel systems installed in Coeur d'Alene. Larger solar installations have a greater cost, yet they also provide higher electricity savings and larger income tax credits.
Using the solar panel cost calculator positioned below and to the right, you can view a detailed cost and benefit analysis based on an average electric bill of $118.38 in Coeur d'Alene. Modify the $118.38 to your typical bill payment for personalized results.
System Size
Roof Size Min. space required
Electricity Value Annual Production
Est. Price
System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $758 a year
Est. Price
$10,416
Savings from a 4kWthis system
Est. yearly production 6,314 kWh
Est. monthly savings $63
Full payback in 7 years
Environmental Impacts
Reduces CO2 emissions by 1.1 tons a year
Equivalent to planting 51 trees a year
Equivalent to driving 2,728 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $947 a year
Est. Price
$13,020
Savings from a 5kWthis system
Est. yearly production 7,893 kWh
Est. monthly savings $79
Full payback in 9 years
Environmental Impacts
Reduces CO2 emissions by 1.38 tons a year
Equivalent to planting 63 trees a year
Equivalent to driving 3,411 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,137 a year
Est. Price
$15,624
Savings from a 6kWthis system
Est. yearly production 9,472 kWh
Est. monthly savings $95
Full payback in 11 years
Environmental Impacts
Reduces CO2 emissions by 1.65 tons a year
Equivalent to planting 76 trees a year
Equivalent to driving 4,093 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,326 a year
Est. Price
$18,228
Savings from a 7kWthis system
Est. yearly production 11,050 kWh
Est. monthly savings $111
Full payback in 13 years
Environmental Impacts
Reduces CO2 emissions by 1.93 tons a year
Equivalent to planting 89 trees a year
Equivalent to driving 4,775 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,515 a year
Est. Price
$20,832
Savings from a 8kWthis system
Est. yearly production 12,629 kWh
Est. monthly savings $118
Full payback in 15 years
Environmental Impacts
Reduces CO2 emissions by 2.06 tons a year
Equivalent to planting 95 trees a year
Equivalent to driving 5,099 mi less a year
Coeur d'Alene Solar Panel Installation Incentives & Rebates | 2024
Between 80% and 100% of your solar energy or wind turbine installation costs may be covered by the REAP Grant if you own a rural small business or farm. Think you might be eligible? Confirm your qualification with our REAP Grant eligibility tool.
When it comes to residential solar, most people can take advantage of the 30% federal income tax credit, which makes solar a practical option in most regions of the nation. Furthermore, a range of state and local programs are available to promote solar adoption.
Idaho residents have access to 7 solar rebate and incentive programs from different utilities and governmental bodies.
Solar incentives in IDIncentive Description Value
Questar Gas - Residential Energy Efficiency Rebate Programs
Value:Up to $50
Residential Questar Gas customers may be entitled to financial incentives for energy-efficient equipment or upgrades through the ThermWise program. Eligible projects will vary from time to time. Currently, HVAC and water heating/boiler systems, windows, insulation/weatherization, smart thermostats, and certain kitchen or laundry appliances may earn a rebate. To qualify, the equipment should conform to Questar's own standards and be installed by a participating program contractor. Additional information is available on the ThermSafe website.
Questar Gas - Home Builder Rebate Program
Value:Up to $50
Homebuilders in the Questar Gas service area are incentivized to follow energy-efficient building standards through the ThermSafe program. Rebates are offered for whole-house construction and specific parts and equipment. For the latter option, eligible projects will vary from time to time. Additional information and application forms are available from the ThermSafe website.
Questar Gas - Commercial Energy Efficiency Rebate Program
Value:Up to $75
Commercial Questar Gas customers may be entitled to financial incentives for energy-efficient equipment or building upgrades through the ThermWise program. Eligible projects will vary from time to time. Currently, HVAC and water heating systems, insulation/weatherization, and kitchen or laundry appliances may earn a rebate. The standard rebate amount is $1/saved therm for the first year, with a hard maximum of up to half of project costs. To apply, a business should submit a proposal with quantified details of expected gas usage reduction. Only projects approved with the proposal are eligible for incentives. Additional information is available from the ThermSafe website.
Idaho Power - Net Metering
Value:Varies
Idaho Power (IDP) is one of three Idaho utilities that may sign independent net metering contracts with renewable energy customers. Eligible generation technologies for net metering include solar, wind, biomass, fuel cell, and hydroelectric. At the beginning of the contract period, IDP will install or activate a bidirectional meter tracking net excess generation (NEG) sent back to the grid. Customers will receive monthly bill credits for NEG at a fixed rate. Should generation exceed consumption for a certain billing cycle, credits roll forward through the end of the year, at which point IDP will mail the customer a check for the outstanding amount. Certain capacity ceilings apply. Additional information is available through the IDP website.
Avista Utilities - Net Metering
Value:Varies
Avista Power is one of three Idaho utilities that may sign independent net metering contracts with renewable energy customers. Eligible generation technologies for net metering include solar, wind, biomass, fuel cell, and hydroelectric. At the beginning of the contract period, Avista will install or activate a bidirectional meter tracking net excess generation (NEG) sent back to the grid. Customers will receive monthly bill credits for NEG at a fixed rate. Should generation exceed consumption for a certain billing cycle, credits roll forward through the end of the year, at which point Avista will mail the customer a check for the outstanding amount. Certain capacity ceilings apply. Additional information is available through the Avista website.
Low-Interest Energy Loan Programs
Value:Varies
Residents and businesses in Idaho may be eligible for special financing on energy efficiency improvements through the State Energy Loan Program (SELP). Projects that qualify for loans include lighting, windows, insulation/weatherization, HVAC, certain large appliances, and new renewable energy systems (solar PV, small turbines, etc.) SELP applicants are subject to standard credit checks and must provide property or equipment collateral to secure the loan. Once approved, interest rates remain at 4% for a maximum 5-year payment term. A $100 (residential) or $250 (commercial) administrative fee must be paid between project approval and the credit check. Additional information is available from the Idaho Office of Energy Resources website.
Rocky Mountain Power - Net Metering
Value:Varies
Rocky Mountain Power is one of three Idaho utilities that may sign independent net metering contracts with renewable energy customers. Eligible generation technologies for net metering include solar, wind, biomass, fuel cell, and hydroelectric. At the beginning of the contract period, RMP will install or activate a bidirectional meter tracking net excess generation (NEG) sent back to the grid. Customers will receive monthly bill credits for NEG at a fixed rate. Should generation exceed consumption for a certain billing cycle, credits roll forward through the end of the year, at which point RMP will mail the customer a check for the outstanding amount. Certain capacity ceilings apply. Additional information is available through the RMP website.
Are solar panels worth it in Idaho?
For those in Coeur d'Alene planning to stay in their homes past the payback period of their solar system, solar panels make excellent sense. If you install a 5 kW solar system in Coeur d'Alene, ID, you might save $15,391.2 over 20 years on average, with a break even point at approximately 9 years.
The cost of not having solar panels in Coeur d'Alene, ID
The lack of solar panels or another energy backup means you'll forgo the earlier mentioned savings and be completely reliant on your electric utility for power. The news has recently proven that full dependence on your utility provider is not always ideal.
On average, customers in Coeur d'Alene have experienced 1.62 utility outages per year over the past few years. Typically, outages have an average duration of 174.43 minutes. However, during significant events such as landslides, construction accidents, or overloaded power grids, these times can drastically increase.
A solar energy system, whether or not it has a backup battery, could reduce the effects of any future power interruptions you might face.
Power Outages
Currently, 0 customers are being tracked in Kootenai County.
What impacts the cost of solar panels in Coeur d'Alene, ID?
Your Energy Needs - Though the initial cost of larger solar panel systems is larger, the price per watt diminishes as the system gets larger. It is often advantageous for individuals to set up a solar system that can generate enough electricity to completely replace their electric bill, which ensures substantial savings.
Make & Model - Solar panels and mounting equipment are available in a range of makes and models. Given the certain brand preferences an installer might have, picking a recommended company is critical. The employment of high-quality equipment is probably will provide a more satisfactory long-term experience for buyers.
Solar Panel Type - It's obvious why monocrystalline panels are now the standard in the industry. Although they are pricier, they deliver increased energy. Many installers utilize panels constructed of this material.
Your Property - Each property and home has its own unique features. Uneven landscapes, trees, or additional challenges may add to the difficulty of the installation. Nowadays, the most solar installers can evaluate your home with satellite images and factor in these elements in the initial cost estimate.
Labor Rates - The pay employees get from their employers vary, and these costs are transferred to the consumers. Higher reviews for work and customer service are generally associated with businesses that pay higher wages.
Permitting & Interconnection - Your installation cost will be impacted by area-specific permitting and utility interconnection fees. Reputable local installers will include these figures in your first estimates to ensure transparency.
Solar systems for selling electricity back to the grid.
Consulting on all things solar related.
Coeur d'Alene, ID Solar Panel Cost FAQs
As recorded in October, 2024, the standard cost for solar panel installations in Coeur d'Alene, ID is $3.72/W. Post federal tax credit, a 5 kW solar panel system installation in Coeur d'Alene, ID will roughly cost $13,020.
There are 7 rebates and incentives available in Idaho from a range of utility providers and government organizations. Moreover, nearly everyone is eligible for the 30% federal income tax credit.
Paying cash will result in the most savings, but these days there are several options for financing solar panels that are cost-effective as well. Installers typically partner with financing companies and will include this information into your initial quotes.
Yes, in Coeur d'Alene, ID, 5 kW solar panel systems typically pay off in 9 years, and users save around $15,391.2 in electricity costs over 20 years.
Savings from 
Environmental Impacts 
