Solar Panels Cost $10k-$20k in Post Falls, ID | October, 2024
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How much do solar panels cost in Post Falls, ID in 2024?
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To have solar panels in the month of October, 2024 in Post Falls, ID averages out to $3.73/W.
Utilizing this price per watt, we are able to conclude that for every 1 kW (1000 watts) your system can produce you will have to spend $3,730 to get your solar panels installed. After receiving the 30% federal tax credit, you can expect to pay around $13,055 for a 5 kW solar panel system in Post Falls. However, it’s important to realize that a more powerful system may be required to fulfill your energy demands.
Choose your county from the menu on the left to find the typical roof size and maximum residential solar capacity for homes in your area. You can review the price, payback period, and 20-year average savings for a 5 kW system in your county below.
Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Post Falls: $13,055US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Post Falls: 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.
Post Falls: $9,761US Average: $15,784
Solar Potential in Post Falls
Estimated system size and solar electricity production per median viable roof in Post Falls.
Roof size 787sq. ft.
Capacity 11kW DC
Electricity 12.6kkWh AC per yr.
Electricity Costs in Post Falls, ID & What that Means for Your Solar Panel Pricing
Post Falls energy consumers typically have a monthly electric bill of $118.38 and use 1,024 kWh on average. Smaller houses, including condos and duplexes, are also included in the numbers cited in the previous sentence.
The mean rate for electricity in Post Falls, ID during October, 2024 is 11.56¢ per kWh.
In Post Falls, the typical energy user will need a solar power setup of 8 kW or higher to satisfy their entire power requirements. Initially, an 8 kW solar installation has a cost of $29,840, but with a 30% tax credit, the total cost is $20,888.
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Average solar panel costs by system size in Post Falls
To the left and below, the pricing details for multiple sizes of solar panel systems installed in Post Falls is shown. The investment for a more extensive solar panel setup is higher, but it also yields greater electricity savings and more substantial income tax credits.
The solar panel cost calculator, positioned to the right and below, provides a cost and benefit breakdown using an average $118.38 electric bill for Post Falls. If you desire customized results, adjust the $118.38 to your typical electricity bill amount.
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
$10,444
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 tons a year
Equivalent to planting 46 trees a year
Equivalent to driving 2,469 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $947 a year
Est. Price
$13,055
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 1.25 tons a year
Equivalent to planting 57 trees a year
Equivalent to driving 3,087 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,137 a year
Est. Price
$15,666
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 1.5 tons a year
Equivalent to planting 69 trees a year
Equivalent to driving 3,704 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,326 a year
Est. Price
$18,277
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 1.75 tons a year
Equivalent to planting 80 trees a year
Equivalent to driving 4,321 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,515 a year
Est. Price
$20,888
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 1.86 tons a year
Equivalent to planting 86 trees a year
Equivalent to driving 4,614 mi less a year
Post Falls Solar Panel Installation Incentives & Rebates | 2024
With the REAP Grant, up to 100% and no less than 80% of the installation costs for solar or wind turbines may be covered for rural small business owners and farmers. Believe you fit the criteria? Verify your eligibility with our REAP Grant eligibility tool.
For residential solar projects, most people are eligible for the 30% federal income tax credit, making solar a practical solution in various parts of the country. On top of that, there are many state and local incentives to further promote the adoption of solar energy.
Idaho has 7 solar rebate and incentive programs provided by various utilities and government agencies.
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 homeowners in Post Falls who intend to stay in their residence beyond the solar payback period, solar panels make an smart investment. Installing a 5 kW solar system in Post Falls, ID will, on average, save you $15,356.2 over 20 years, and you can expect to break even in about 9 years.
The cost of not having solar panels in Post Falls, ID
The absence of solar panels or an alternative energy backup means that you miss out on the savings noted earlier and depend on your electric utility for electricity. Recent news examples have indicated that full reliance on your utility provider is not always ideal.
Lately, customers in Post Falls have encountered an average of 1.62 utility outages each year. On average, an outage lasts 174.43 minutes. When major events such as winter storms, equipment failure, or wildlife damage occur, these durations can increase significantly
A solar panel system could lessen the burden of future outages, even if it lacks a backup battery.
Power Outages
Currently, 0 customers are being tracked in Kootenai County.
What impacts the cost of solar panels in Post Falls, ID?
Your Energy Needs - Even if the initial expense is higher, the price per watt decreases with larger solar panel systems. Many consumers realize it's a good idea to install a solar system that can generate enough power to fully cover their electric bill, because it helps them save more money.
Make & Model - Solar panels and mounting equipment, similar to many other products, come in a variety of makes and models. Because the installer you select might have particular brand preferences, selecting a highly rated company is especially important. The selection of superior equipment can greatly better the long-term experience for buyers.
Solar Panel Type - Monocrystalline panels are broadly acknowledged as the standard in the industry, and for good cause. Although they are costlier, they provide increased energy. Many installers use panels crafted from this material.
Your Property - Elements like sloping terrain, trees, or other impediments might complicate the installation process. Today, many solar installers can assess your home with satellite images and factor in these factors in the preliminary cost estimate.
Labor Rates - Variations in employee wages across companies lead to expenses that are passed on to the consumers. Companies paying higher wages usually garner better reviews for their work and customer service.
Permitting & Interconnection - The fees for local permitting and utility interconnection, which differ by area, will impact the cost of your installation. That said, reputable local installers will be able to incorporate these numbers into your preliminary quotes so there are no surprises.
Solar systems for selling electricity back to the grid.
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Post Falls, ID Solar Panel Cost FAQs
In October, 2024, the average cost of solar panels per watt in Post Falls, ID is $3.73/W. After the federal tax credit, the estimated cost for a 5 kW solar panel system in Post Falls, ID is roughly $13,055.
Various utility providers and government organizations in Idaho are offering 7 rebates and incentives at this time. Additionally, the vast majority qualify for the 30% federal tax credit.
Although cash payments offer the greatest savings, many financing options for solar panels now exist that are also cost-effective. Many installers will include information about their financing partners in the initial quotes they provide.
Yes, the average 5 kW solar panel payback period in Post Falls, ID stands at 9 years, yielding average electricity savings of $15,356.2 over 20 years.