Solar Panels Cost 6.9k-16k in Raleigh Hills CDP, OR | October, 2024

Solar Panels Cost $6.9k-$16k in Raleigh Hills CDP, OR | October, 2024

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How much do solar panels cost in Raleigh Hills CDP, OR in 2024?

Currently, in Raleigh Hills CDP, OR in the month of October, 2024, the price per each watt of solar panels is $3.3/W.

It will cost you $3,300, on average, for every 1K (or 1000 watts) of capacity that your solar panels have. After deducting the 30% federal tax credit, a 5 kW system in Raleigh Hills CDP typically costs $11,550. Please note that a larger system might be essential to ensure your energy needs are met.

To your left, you have the option to choose your county and view the typical roof size along with the average maximum capacity for solar panel installations on homes in your area. The following analysis, below, highlights the price, payback period, and 20-year average savings for a 5 kW system in your county.

Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Raleigh Hills CDP: $11,550US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Raleigh Hills CDP: 7 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Raleigh Hills CDP: $14,954US Average: $15,784

Solar Potential in Raleigh Hills CDP

Estimated system size and solar electricity production per median viable roof in
Raleigh Hills CDP.

Roof size 804sq. ft.
Capacity 11.25kW DC
Electricity 11.2kkWh AC per yr.

Electricity Costs in Raleigh Hills CDP, OR & What that Means for Your Solar Panel Pricing

Energy consumers in Raleigh Hills CDP usually pay $131.06 per month for electricity, consuming an typical of 785 kWh. Compact dwellings, such as condos and apartments, are also encompassed in the figures noted in the previous sentence.

The rate of electricity in Raleigh Hills CDP, OR, on average, is 16.69¢ per kWh in October 2024.

If you’re an average energy user in Raleigh Hills CDP you need a 7 kW or higher sized system to cover your full electricity demands. The price of aa 7 kW solar installation is approximately $23,100 initially, but with a 30% tax credit, the total cost drops to $16,170.

Go Solar for less than your cell phone bill.

Average solar panel costs by system size in Raleigh Hills CDP

To the left below, you'll find the cost breakdown for various sizes of the solar panel systems installed in Raleigh Hills CDP. A bigger solar array will expectedly cost more, but it will also provide more significant electricity savings and increased income tax credits.

The calculator to the right and below provides a detailed summary of solar panel costs and benefits, based on an average electric bill of $131.06 in Raleigh Hills CDP. For a more accurate estimate, change the $131.06 with your usual electricity bill amount.

System Size 3kW
Roof Size Min. space required
215 ft²
Electricity Value Annual Production $799 a year
Est. Price
$6,930
Savings from a 3kWthis system
  • Est. yearly production 4,701 kWh
  • Est. monthly savings $67
  • Full payback in 4 years
Environmental Impacts
  • Reduces CO2 emissions by 1.09 tons a year
  • Equivalent to planting 50 trees a year
  • Equivalent to driving 2,700 mi less a year
System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $1,066 a year
Est. Price
$9,240
Savings from a 4kWthis system
  • Est. yearly production 6,268 kWh
  • Est. monthly savings $89
  • Full payback in 6 years
Environmental Impacts
  • Reduces CO2 emissions by 1.45 tons a year
  • Equivalent to planting 67 trees a year
  • Equivalent to driving 3,601 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,332 a year
Est. Price
$11,550
Savings from a 5kWthis system
  • Est. yearly production 7,836 kWh
  • Est. monthly savings $111
  • Full payback in 7 years
Environmental Impacts
  • Reduces CO2 emissions by 1.82 tons a year
  • Equivalent to planting 84 trees a year
  • Equivalent to driving 4,501 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,598 a year
Est. Price
$13,860
Savings from a 6kWthis system
  • Est. yearly production 9,403 kWh
  • Est. monthly savings $131
  • Full payback in 9 years
Environmental Impacts
  • Reduces CO2 emissions by 2.15 tons a year
  • Equivalent to planting 99 trees a year
  • Equivalent to driving 5,312 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,865 a year
Est. Price
$16,170
Savings from a 7kWthis system
  • Est. yearly production 10,970 kWh
  • Est. monthly savings $131
  • Full payback in 10 years
Environmental Impacts
  • Reduces CO2 emissions by 2.15 tons a year
  • Equivalent to planting 99 trees a year
  • Equivalent to driving 5,312 mi less a year

Raleigh Hills CDP Solar Panel Installation Incentives & Rebates | 2024

Eligible rural small businesses and farmlands might have their solar energy or wind turbine installation costs covered by the REAP Grant, ranging from 80% to 100%. Think you are eligible? Use our REAP Grant eligibility tool to verify your qualification.

With the 30% federal income tax credit, nearly all homeowners qualify for residential solar, making it a practical option in many regions in the United States. Furthermore, many state and local programs are intended to encourage more people to use solar power.

Residents of Oregon can access 30 solar rebate and incentive programs from a range of utilities and governmental agencies.

Solar incentives in OR

Columbia River PUD - Solar PV Net Metering Rebate

Value:Up to $1,000

The Blue Sky program is Pacific Power's adaptation of Oregon's mandatory green energy option. Customers may choose to join the Blue Sky rate schedule to receive energy from the renewable power grid. In exchange, they will be assessed surcharges to support new renewable energy investment, and Pacific Power will receive any renewable energy credits they generate. Annual reports and program information are available through the Pacific Power website.

Solar Electric Incentive Program

Value:Up to $2,400

The Energy Trust of Oregon operates a direct incentive program for new residential, commercial, and agricultural solar PV systems. Pacific Power and Portland General Electric customers are eligible for rebates. A rebate's amount will vary depending on the size and performance of solar collectors, the property's zone type, and the involved utility. Preapproval is required from both the Energy Trust and the applicant's utility. Customers are required to use a participating solar contractor for the design and installation of their system. The estimated rebate will be included as part of the system's quote and will not be paid to the customer. Additional information is available from the Energy Trust's website.

Energy Conservation Tax Credits - Small Premium Projects (Personal)

Value:Up to $7,000

On occasion, the Oregon Department of Energy will announce opportunities for residents to claim tax credits on small energy efficiency projects. Previous announcements have covered efficiency in agriculture and manufacturing, solar thermal systems, and CHP systems. Tax credits from an Opportunity Announcement max out at 35% of a project's equipment/installation costs. Credits may be claimed over multiple years depending on individual circumstances. The application process involves audits and proposals outlining estimated energy consumption decline. Additional information is available from the department website.

EWEB - Solar Electric Program (Rebate)

Value:Up to $2,000

Residential, public-sector, and nonprofit solar customers of the Eugene Electric and Water Board may qualify to enter power purchasing agreements (PPAs). There is no maximum capacity limit on eligible PV systems; however, systems should already meet requirements for net metering, including all IEEE/UL specifications, permits, and renewable ratio. Available compensation is performance-based and will vary from year to year. As of 2021, rates started at 40 cents per watt up to $2,000. Customers can choose to receive compensation in the form of a rebate rather than a bill credit, in which case they keep the RECs they generate. Additional information is available from the EWEB website.

Lane Electric Cooperative - Residential and Commercial Weatherization & Energy Efficiency Program

Value:Up to $1,000

Home and business customer-members of the Lane Electric Cooperative may be eligible for grants on energy-efficient insulation and weatherization projects. Only projects approved by a Lane auditor will be approved for funding. Additional grants may be available for applicants in low-income brackets. Participating contractors may assist customer-members through the auditing and application process. Grants will be awarded to the contractor and will appear as a discount on the final project invoice. Additional information is available through the LEC website.

Lane Electric Cooperative - Residential Energy Efficiency Loan Programs

Value:Up to $9,000

Residential customer-members of the Lane Electric Cooperative may be eligible for interest-free financing on new thermal energy efficiency projects. Loans may fund new efficient heat pumps, related ductwork, insulation/weatherization, and new windows/doors. Only projects recommended by a Lane representative and undertaken by a participating contractor will be eligible. The maximum available principal per loan is $9,000 and will be serviced by either of two participating credit unions. LEC will cover all interest payments on behalf of the borrower. Additional information is available from the LEC website.

Energy Conservation Tax Credits - Small Premium Projects (Corporate)

Value:Up to $7,000

On occasion, the Oregon Department of Energy will announce opportunities for businesses to claim tax credits on small energy efficiency projects. Previous announcements have covered efficiency in agriculture and manufacturing, solar thermal systems, and CHP systems. Tax credits from an Opportunity Announcement max out at 35% of a project's equipment/installation costs. Credits may be claimed over multiple years depending on individual circumstances. The application process involves audits and proposals outlining estimated energy consumption decline. Additional information is available from the department website.

Large Electric Consumer Public Purpose Program (LECPPP)

Value:Varies

Generally, Oregon's electric utilities are required to collect a 3% surcharge on customer bills to support the Energy Trust of Oregon. Larger consumers of energy may, in lieu of paying a surcharge, undertake energy efficiency improvements and renewable energy investments of their own. Should improvements be implemented successfully, surcharge waivers of 54% may be applicable. Qualifying customers should have consumed 1 megawatt of electricity per year, as measured by a single or contiguous meter, prior to application. They will also be subject to annual site audits. Additional information is available from the Oregon Department of Energy website.

New Homes Incentive Program

Value:Varies

Homebuilders in Oregon may be eligible for incentives from the state's Energy Trust if they meet energy-efficient building standards in excess of state codes. Awards will be made for efficient lighting, insulation, windows/doors, appliances, and solar PV/thermal energy. Each project or component factors into the property's Energy Performance Score displayed to homebuyers. Additional information is available from the Energy Trust website.

Renewable Energy Contractor Licensing

Value:Varies

In Oregon, anyone who installs or repairs solar energy devices should be licensed by the state's Bureau of Labor. Specialized licenses are available for solar photovoltaic work and solar thermal work. Limited licenses are also available allowing the holder to work with systems rated under 25 kW. Each license is subject to experience/training hour requirements, though there are pathways to obtain journeyman and contractor certifications from an apprenticeship. Solar contractors may be required to subcontract certain tasks to licensed plumbers and electricians.

Building Energy Code

Value:Varies

Oregon energy efficiency codes are regularly updated. Previous quantitative goals set in 2006 required average home or business energy consumption for new buildings to drop by 15%. Regulations for single-family homes and duplexes are listed in the Residential Specialty Code. Regulations for all other buildings are found in the Structural Specialty Code. Local governments can adopt their own regulations exceeding those in the RSC or SSC, but they cannot nullify state codes. Additional information is available from the federal Energy Codes website.

Green Energy Technology in Public Buildings

Value:Varies

In Oregon, state facilities may adopt solar energy devices for self-consumption. New public buildings should earmark 1.5% of project costs toward energy conservation. To qualify, a system must reduce estimated energy consumption from a conventional baseline and fulfill at least three-quarters of the building's energy needs. Additional information is available from the Oregon Department of Energy.

Central Lincoln People's Utility District - Residential Energy Efficiency Rebate Programs

Value:Varies

Residential customers of the Central Lincoln People's Municipal Utility District (CLPUD) may be eligible for specialized rebates on an assortment of energy efficiency projects and equipment. Available rebate offers will vary from time to time. Currently, rebates may be awarded for new windows, insulation/weatherization, water heaters, heat pumps, lighting, and ENERGY STAR certified appliances. Additional information and application forms are available from the CLPUD website.

Energy Conservation Tax Credits - Competitively-Selected Projects (Personal)

Value:Varies

On occasion, the Oregon Department of Energy will announce opportunities for residents to claim tax credits on midsize/large bid-winning energy efficiency projects. Previous announcements have covered efficiency in agriculture and manufacturing, solar thermal systems, and CHP systems. Tax credits from an Opportunity Announcement max out at 35% of a project's equipment/installation costs. Credits may be claimed over multiple years depending on individual circumstances. The application process involves audits and proposals outlining estimated energy consumption decline. Additional information is available from the department website.

Renewable Portfolio Standard

Value:Varies

Oregon first established a renewable portfolio standard in 2007. The standard governs and tracks renewable energy investment throughout the state, with the long-term goal of generating 50% of all retail electricity with renewable technology by 2040. All electric utilities are required to participate regardless of governance. Uniquely, standard goals vary depending on the size and type of utility. Large utilities, such as Portland General Electric, Pacific Power, along with large cooperatives, must source 27% of their electricity renewably by 2025. Smaller utilities and cooperatives are subject to smaller goals of 5 - 10% renewable energy by 2025. Carve-out provisions require a certain share of the annual RPS quota to be invested in microgrids, community generation facilities, and solar facilities. Compliance with the standard is enforced through a renewable energy credit (REC) system pegging a fixed amount of electricity to a fluctuating dollar value. All operational renewable energy systems generate RECs, but utilities may also purchase credits from private customers. Credits expire after five years and must be replaced with new investments.

EWEB - Net Metering

Value:Varies

Residential and commercial renewable energy customers of the Eugene Water and Electric Board may take advantage of net metering if their system is rated for below 25 kW. Qualifying technologies include wind, solar, hydroelectric, fuel cells, solid waste/landfill gas, and agricultural biomass. EWEB will install a bidirectional meter on each renewable energy system to track net excess generation (NEG) sent back to the grid each month. Customers will receive a bill credit of 3.6 cents/kWh of NEG. Additional information is available from the EWEB website.

Local Option - Rural Renewable Energy Development Zones

Value:Varies

In Oregon, Rural Renewable Energy Development Zones (RREDZs) are formed by local and contiguous county governments. Residential and commercial solar, wind, biomass, geothermal, or other renewable energy systems in an RREDZ may earn local property tax exemptions for a three to five-year term. Currently, ten counties and one city have formed RREDZs among themselves. Localities may set their own terms, conditions, and maximum exemptions. Interested property owners should consult with their local tax assessor.

PGE Renewable Development Fund

Value:Varies

The Blue Sky program is Pacific Power's adaptation of Oregon's mandatory green energy option. Customers may choose to join the Blue Sky rate schedule to receive energy from the renewable power grid. In exchange, they will be assessed surcharges to support new renewable energy investment, and Pacific Power will receive any renewable energy credits they generate. Annual reports and program information are available through the Pacific Power website.

Solar + Storage Rebate Program

Value:Varies

The Blue Sky program is Pacific Power's adaptation of Oregon's mandatory green energy option. Customers may choose to join the Blue Sky rate schedule to receive energy from the renewable power grid. In exchange, they will be assessed surcharges to support new renewable energy investment, and Pacific Power will receive any renewable energy credits they generate. Annual reports and program information are available through the Pacific Power website.

Pacific Power - Blue Sky Community Project Funds

Value:Varies

The Blue Sky program is Pacific Power's adaptation of Oregon's mandatory green energy option. Customers may choose to join the Blue Sky rate schedule to receive energy from the renewable power grid. In exchange, they will be assessed surcharges to support new renewable energy investment, and Pacific Power will receive any renewable energy credits they generate. Annual reports and program information are available through the Pacific Power website.

State Energy Loan Program

Value:Varies

SELP is an Oregon-based solar energy financing program created by a ballot referendum. Loans take the form of small bonds at zero interest. Any Oregon resident, business owner, school district, local government, or state agency may receive bonds of $20,000 - $20 million. Up to 2% in fees may apply during the repayment process. The maximum repayment term should not outlast the useful life of the solar device being funded. Additional information is available from the Oregon Department of Energy website.

Lane Electric Cooperative - Residential Efficiency Rebate Program

Value:Varies

Residential customer-members of the Lane Electric Cooperative may be eligible for rebate incentives on a variety of energy-efficient thermal solutions. Available rebate offers will vary from time to time. Currently, the cooperative is incentivizing new air and geothermal heat pumps and related ductwork. Rebates may also be available on brand new homes which receive ENERGY STAR certification. Customer-members should submit rebate paperwork 30 days after installation at the latest. Inspections by a utility representative may apply. Additional information is available from the Lane Electric Cooperative website.

Central Lincoln People's Utility District - Renewable Energy Incentive Program

Value:Varies

Residential and commercial customers of the Central Lincoln People's Utility District may be eligible for rebates on new renewable energy systems. Any wind, hydroelectric, solar PV, or solar water heater will qualify so long as it generates at least 75% of the customer's electrical demand. The rebate's amount will vary depending on the capacity and expected performance of the system. Additional bill credits from net metering programs will apply. Further information is available from the CLPUD website.

Solar Within Reach

Value:Varies

The Blue Sky program is Pacific Power's adaptation of Oregon's mandatory green energy option. Customers may choose to join the Blue Sky rate schedule to receive energy from the renewable power grid. In exchange, they will be assessed surcharges to support new renewable energy investment, and Pacific Power will receive any renewable energy credits they generate. Annual reports and program information are available through the Pacific Power website.

Mandatory Utility Green Power Option

Value:Varies

Oregon state law requires all public/private electrical utilities and cooperatives to provide their customers with at least one "green power" rate option. Qualifying renewable generation technologies toward the law include solar PV/thermal, wind, hydroelectric, geothermal, and some biomass. Utilities must be transparent about their power sources.

Energy Trust of Oregon

Value:Varies

A 3% surcharge on customer energy bills in Oregon supports the state's Energy Trust (ETO). ETO is an independent 501 organization partnered with the Oregon government. Funds support a variety of energy efficiency programs in the state, including educational campaigns, school building efficiency, conservation incentives, and energy access/assistance for low-income and disadvantaged communities. Organizations may submit proposals directly to ETO for funding consideration. Annual reports on funding goals, surcharge revenue, and expenditures are available from the fund website.

SB 1149 Schools Program

Value:Varies

Energy efficiency/renewable energy programs and improvements in public schools within the Pacific Power and Portland General Electric service areas are funded by the Energy Trust of Oregon. Funding is derived from a standard 3% surcharge on consumer energy bills. 10% of the total Energy Trust is earmarked for school-related initiatives. Qualifying projects include educational initiatives and new windows, HVAC, water heating, lighting, and insulation/weatherization. Only projects suggested by a utility representative may be eligible for funding or incentives. Additional information is available from the Oregon Department of Energy.

Energy Conservation Tax Credits - Competitively-Selected Projects (Corporate)

Value:Varies

On occasion, the Oregon Department of Energy will announce opportunities for businesses to claim tax credits on large bid-winning energy efficiency projects. Previous announcements have covered efficiency in agriculture and manufacturing, solar thermal systems, and CHP systems. Tax credits from an Opportunity Announcement max out at 35% of a project's equipment/installation costs. Credits may be claimed over multiple years depending on individual circumstances. The application process involves audits and proposals outlining estimated energy consumption decline. Additional information is available from the department website.

Renewable Energy Development Grant Program

Value:Varies

The Oregon Department of Energy may award grant funding to renewable energy projects involving solar, wind, hydroelectric, geothermal, and some biomass technologies. The grant program is the successor to a corporate tax credit and remains closely tied to taxation through its funding sources. Qualifying projects for a grant should be rated for below 35 MW. Applicants will be subject to fees of $500 plus 1.25% for processing and permit reviews. Approval is based on a quantitative scoring system. Additional information is available through the ODE website.

Renewable Energy Systems Exemption

Value:Varies

In Oregon, property tax exemptions apply statewide to new renewable energy systems. The exemption applies to any wind, solar, geothermal, and some biomass/fuel cell device used to generate power or provide heating/cooling. Systems must be interconnected to the grid and under a net metering contract to procure renewable energy credits. To claim the exemption, property owners should consult with their local assessor. Assessors may not consider the value of the system for any purpose relative to the overall property value.

Are solar panels worth it in Oregon?

If your intention is to stay in your home beyond the solar payback period, choosing solar panels is a good option in Raleigh Hills CDP. A 5 kW solar system in Raleigh Hills CDP, OR could potentially save you $19,904.4 over the course of 20 years, with the break even point typically at 7 years.

The cost of not having solar panels in Raleigh Hills CDP, OR

Beyond forgoing the savings highlighted above, the absence of solar panels or another backup energy solution leads to total dependency on your electric utility for power. Many recent news reports have highlighted that relying entirely on your utility isn't always ideal.

Lately, the average number of utility outages per customer annually in Raleigh Hills CDP has been about 0.64. On average, an outage lasts 117 minutes. Major events such as earthquakes, aging infrastructure, or planned maintenance can significantly extend these time frames.

A solar energy system, regardless of whether it has a backup battery or not, should help relieve the strain of future power outages you may face.

Power Outages

Currently, 0 customers are being tracked in Washington County.

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Customers Out:

0

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What impacts the cost of solar panels in Raleigh Hills CDP, OR?

Your Energy Needs - Larger solar panel setups come with a greater price tag, yet the cost per watt reduces as the size of the system expands. A lot of people find it useful to set up a solar energy system that can offset their entire electric bill. This ensures optimal savings.

Make & Model - Solar panels are offered in a range of makes and models. The installer you select may have certain system preferences, so it's important to select a reputable installer. For buyers desiring a superior long-term experience, choosing better quality makes and models is important.

Solar Panel Type - For good reasons, monocrystalline panels have become the standard in the industry. These panels are more expensive but generate more energy. The majority of installers in the industry use panels made of this material.

Your Property - Each property and home is one of a kind. Trees, uneven ground, or additional hindrances can increase the difficulty of installing solar panels. Using satellite images, solar installers currently can assess your home and include these elements into the preliminary cost estimate.

Labor Rates - Various wages are paid to employees by various companies, and these expenses are passed on to the consumers. It is frequently observed that companies with higher wages get superior reviews for their services and customer service.

Permitting & Interconnection - Your installation cost will be impacted by area-specific permitting and utility interconnection fees. That said, experienced local installers will be able to integrate these numbers into your preliminary quotes so there are no surprises.

See what solar panels cost in other OR cities

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Who are the best solar installers in Raleigh Hills CDP?

Freedom Forever

Temecula, CA(800) 685-1850

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of batteries for energy storage.

A&R Solar

Seattle, WA(206) 707-9937

Services

  • Installation of batteries for energy storage.
  • Installation of solar arrays.

Solgen Power

Pasco, WA(855) 220-0778

Services

  • Expertise in consulting on advantageous financing for solar.
  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.

Elemental Energy

Portland, OR(503) 967-5786

Services

  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.

IonSOLAR

Provo, UT(888) 781-7074

Services

  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.

Sunlight Solar Energy

Bend, OR(541) 322-1910

Services

  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Consulting on all things solar related.
  • Expertise in consulting on advantageous financing for solar.
  • Solar systems for selling electricity back to the grid.
  • Reparation of solar arrays.

Dividend Finance

San Francisco, CA(415) 805-7000

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of batteries for energy storage.

SunPower Corporation

San Jose, CA(800) 786-7693

Services

  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Monitoring of independent energy generation.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

Energy Design

Eugene, OR(541) 485-8122

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

Entegrity

Little Rock, AR(800) 700-1414

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.

Badass Energy

Claremont, CA(909) 320-9860

Services

  • Consulting on all things solar related.
  • Installation of batteries for energy storage.
  • Installation of solar arrays.

Raleigh Hills CDP, OR Solar Panel Cost FAQs

  • As of October, 2024, the average per-watt cost for solar panels in Raleigh Hills CDP, OR is $3.3/W. In Raleigh Hills CDP, OR, installing a 5 kW solar panel system will set you back approximately $11,550 after federal tax incentives.
  • There are 30 rebates and incentives available in Oregon from a range of utility providers and government organizations. On top of that, most individuals are eligible for the 30% federal income tax credit.
  • While cash payments offer the most savings, there are now many financing options for solar panels that are also financially beneficial. Financing partners are often associated with many installers, and this will be provided in your initial quotes.
  • Yes, the average 5 kW solar panel payback period in Raleigh Hills CDP, OR stands at 7 years, yielding average electricity savings of $19,904.4 over 20 years.
Matt Hope
Last Reviewed By: Matt Hope
Published: 2024-10-01