Solar Panels Cost 9.2k-18k in Eastmont CDP, WA | October, 2024

Solar Panels Cost $9.2k-$18k in Eastmont CDP, WA | October, 2024

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How much do solar panels cost in Eastmont CDP, WA in 2024?

To go solar in October, 2024 in Eastmont CDP, WA is, on average, $3.32/W.

In accordance with this cost per watt, you can come to the conclusion that for every 1 kW (1000 watts) your solar panels can produce, you will need to invest, on average, $3,320 for installation. In Eastmont CDP, you will spend about $11,620 for a 5 kW panel install once the 30% federal income tax credit is factored in. However, a 5kW system may not be sufficient to fulfill your energy demands.

To the left,choose your area to determine the average roof size and the average maximum capacity of solar panels for homes in your county. Below is a complete summary of the costs, 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.
Eastmont CDP: $11,620US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Eastmont CDP: 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.
Eastmont CDP: $8,269US Average: $15,784

Solar Potential in Eastmont CDP

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

Roof size 715sq. ft.
Capacity 10kW DC
Electricity 9.4kkWh AC per yr.

Electricity Costs in Eastmont CDP, WA & What that Means for Your Solar Panel Pricing

In Eastmont CDP, the standard electric bill is $103.62 per month, and residents use 935 kWh. These statistics also account for apartments and other compact residences with less energy needs.

As of October 2024, the mean rate for electricity per kWh in Eastmont CDP, WA is 11.08¢.

In Eastmont CDP, average consumers need a system size of 8 kW or greater to fully satisfy their full energy consumption requirements. Currently, an 8 kW setup costs around $18,592 after incentives.

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Average solar panel costs by system size in Eastmont CDP

Shown on the left, you will find a price breakdown for different solar panel system sizes set up in Eastmont CDP. Although a more extensive solar installation does come with a higher price tag, it also provides greater electricity savings and more substantial income tax credits.

Check a cost benefit analysis in the solar panel cost calculator down and to the right, for an average electric bill of $103.62 in Eastmont CDP. To get results more personalized, change the $103.62 to align with your regular electricity bill.

System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $654 a year
Est. Price
$9,296
Savings from a 4kWthis system
  • Est. yearly production 5,944 kWh
  • Est. monthly savings $54
  • Full payback in 7 years
Environmental Impacts
  • Reduces CO2 emissions by 0.72 tons a year
  • Equivalent to planting 33 trees a year
  • Equivalent to driving 1,792 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $817 a year
Est. Price
$11,620
Savings from a 5kWthis system
  • Est. yearly production 7,430 kWh
  • Est. monthly savings $68
  • Full payback in 9 years
Environmental Impacts
  • Reduces CO2 emissions by 0.9 tons a year
  • Equivalent to planting 42 trees a year
  • Equivalent to driving 2,240 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $981 a year
Est. Price
$13,944
Savings from a 6kWthis system
  • Est. yearly production 8,916 kWh
  • Est. monthly savings $82
  • Full payback in 11 years
Environmental Impacts
  • Reduces CO2 emissions by 1.09 tons a year
  • Equivalent to planting 50 trees a year
  • Equivalent to driving 2,688 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,144 a year
Est. Price
$16,268
Savings from a 7kWthis system
  • Est. yearly production 10,402 kWh
  • Est. monthly savings $95
  • Full payback in 13 years
Environmental Impacts
  • Reduces CO2 emissions by 1.27 tons a year
  • Equivalent to planting 58 trees a year
  • Equivalent to driving 3,136 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,308 a year
Est. Price
$18,592
Savings from a 8kWthis system
  • Est. yearly production 11,888 kWh
  • Est. monthly savings $104
  • Full payback in 15 years
Environmental Impacts
  • Reduces CO2 emissions by 1.38 tons a year
  • Equivalent to planting 63 trees a year
  • Equivalent to driving 3,420 mi less a year

Eastmont CDP Solar Panel Installation Incentives & Rebates | 2024

The REAP Grant can fund anywhere from 80% to 100% of the expenses involved in setting up solar or wind turbines for rural small businesses and farms. If you believe yourself eligible, we recommend utilizing our REAP Grant eligibility tool to confirm your qualification.

Almost all residents can take advantage of a 30% federal income tax credit for residential solar, making it a practical option in various areas of the United States. Together with federal efforts, state and local programs help to promote the use of solar power.

A total of 14 solar rebates and incentives are available in Washington through multiple utility companies and government departments.

Renewable Energy Sales and Use Tax Exemption

Value:Varies

Most renewable energy systems in Washington state are at least partially exempt from sales/use tax. Qualifying technologies include solar, wind, some biomass, hydroelectric, geothermal, landfill gas, and hog fuel (wood-burning.) Total exemptions are available for hog fuel systems and solar devices rated for less than 10 kW. Other systems will receive a 75% exemption applied at the time of purchase. Exemption certificates are available from the Department of Revenue and must be presented to the equipment dealer.

Renewable Energy Standard

Value:Varies

Washington first established a renewable portfolio standard in 2006 upon the passage of a statewide referendum. The most recent standard goals required at least 15% of each utility's retail electricity to be generated using renewable technology by 2020. Compliance with the standard is measured using a Renewable Energy Credit system pegging one megawatt hour of electricity to a variable dollar amount. Utilities may generate credits using their own renewable facilities or purchase them from customers through tariff programs. Should a utility fail to meet its standard quota, it will be fined for each credit it is deficient. Utilities are exempt from the standard if they do not have load growth or if renewable energy investment would not be cost-effective.

Interconnection Standards

Value:Varies

Distributed generation and interconnection practices in Washington state have been standardized since 2007. All private utilities are subject to the standards; local public utilities and cooperatives are exempt. Each new renewable energy system to be interconnected will be assigned one of three regulatory Tiers. A system's Tier determines the IEEE/UL/NEC standards it must follow and the rigor of the permit process, including application fees and turnaround times. Tier 1 ends at 25 kW, while Tier 2 ends at 500 kW. External disconnect switches are required for systems at or above Tier 2. Utilities may require customers to carry liability insurance or a minimum warranty for their system.

Green Building and Energy Reduction Standards for State Agencies

Value:Varies

Since 2005, new state buildings and public remodeling projects in Washington state have been required to follow certain green building standards. Any new occupied public building at least 25,000 square feet in size must meet the requirements for LEED Silver certification and pursue formal accreditation from the US Green Building Council. Remodeling projects should incorporate as many LEED principles as possible, though they are not required to pursue formal certification. Additional information is available from the Washington Department of Enterprise Services.

Clark Public Utilities - Solar Energy Equipment Loan

Value:Varies

Residential customers of Clark Public Utilities may be eligible for special loans to fund new solar energy systems and components. The maximum available principal per loan is $30,000 at 3.5% APR. The principal determines both repayment period duration and the applicable fees and conditions. Additional information is available from the CPU website.

Grays Harbor PUD - Net Metering

Value:Varies

The Grays Harbor Public Utility District operates a unique net metering program. Credits for net excess generation are awarded at the end of each year and amount to half of the normal retail price. While the Grays Harbor program technically does not follow the letter of the state's net metering laws, customers may earn additional benefits and have a greater incentive to adopt renewable energy. Additional information is available through the utility website.

WSHFC Sustainable Energy Program

Value:Varies

The Sustainable Energy Program/Trust is a division of the Washington State Housing Finance Commission. Residents and businesses undertaking new green construction or making energy efficiency improvements may be eligible for at least $50,000 of special financing. Interest rates of 2 - 4% are available. To qualify, a project should improve the site or entity's energy efficiency by at least 10%. Standard engineering reviews and pre/post-work energy audits apply. Additional information is available from the WSHFC website.

Evergreen Sustainable Development Standard for Affordable Housing

Value:Varies

The Evergreen Sustainable Development Standard is Washington's green building rubric tailored for new affordable housing. Standards are based on LEED and incur points for compliance. Small energy efficiency practices can earn 1 point, using renewable energy (such as solar PV) can earn five points, and exceeding the total standard will earn 15 points. New affordable housing projects should earn at least 50 points; remodeling projects should earn at least 40 points. Additional information and a copy of the standard are available from the Washington State Department of Commerce.

Renewable Energy Manufacturing Program

Value:Varies

The Sustainable Energy Program/Trust is a division of the Washington State Housing Finance Commission. Residents and businesses undertaking new green construction or making energy efficiency improvements may be eligible for at least $50,000 of special financing. Interest rates of 2 - 4% are available. To qualify, a project should improve the site or entity's energy efficiency by at least 10%. Standard engineering reviews and pre/post-work energy audits apply. Additional information is available from the WSHFC website.

Mandatory Utility Green Power Option

Value:Varies

Washington state law requires all public or private electrical utilities with a customer base of at least 25,000 to offer green power options. Customers can purchase 100% renewable energy in fixed blocks. This energy may be derived from solar, wind, biomass, hydroelectric, landfill gas, or a combination of these technologies. Each customer will be notified of the green power option on a quarterly basis. Annual reports on program uptake and resources are available from the state legislature.

Tax Abatement for Solar Manufacturers

Value:Varies

In 2005, former Washington governor Christine Gregoire approved a legislative corporate tax cut for the state's solar energy device and component manufacturers. Current tax rates for these companies are at least 43% below the average liability. Tax incentives only apply to businesses producing silicon components, semiconductors, solar cells, converters, and other components directly involved in the production of photovoltaic energy. The special rates expire in 2027. Additional information is available from the Department of Revenue.

Net Metering

Value:Varies

In Washington, any renewable energy system rated for under 100 kW is eligible for net metering. All public/private utilities and cooperatives must offer interconnection and net metering to new renewable energy customers. Upon agreeing to a net metering contract, the energy system's owner will have a bidirectional meter installed to measure net excess generation (NEG) sent back to the grid. Utilities will credit customer bills for NEG at an avoided-cost rate per kilowatt hour. Should generation exceed consumption for any given cycle, NEG credits may roll forward to subsequent months. Additional information is available from the Washington Utilities and Transportation Commission.

Renewable Energy Cost Recovery Incentive Payment

Value:Varies

The Sustainable Energy Program/Trust is a division of the Washington State Housing Finance Commission. Residents and businesses undertaking new green construction or making energy efficiency improvements may be eligible for at least $50,000 of special financing. Interest rates of 2 - 4% are available. To qualify, a project should improve the site or entity's energy efficiency by at least 10%. Standard engineering reviews and pre/post-work energy audits apply. Additional information is available from the WSHFC website.

Energy Efficiency and Solar Grants

Value:Varies

The Sustainable Energy Program/Trust is a division of the Washington State Housing Finance Commission. Residents and businesses undertaking new green construction or making energy efficiency improvements may be eligible for at least $50,000 of special financing. Interest rates of 2 - 4% are available. To qualify, a project should improve the site or entity's energy efficiency by at least 10%. Standard engineering reviews and pre/post-work energy audits apply. Additional information is available from the WSHFC website.

Are solar panels worth it in Washington?

If your goal is to own your home well past the payback period of your solar system, solar panels are an obvious choice in Eastmont CDP. By installing a 5 kW solar system in Eastmont CDP, WA, you can expect to save roughly $13,248.8 over 20 years, with the break even point typically being 9 years.

The cost of not having solar panels in Eastmont CDP, WA

Choosing not to install solar panels or a different backup energy solution results in you missing out on the savings mentioned earlier and makes you fully reliant on your electric utility for electricity. The media has shown several cases where complete reliance on your utility isn't always ideal.

Lately, the utilities in Eastmont CDP have experienced an average of 1.14 outages per customer annually. Outages typically last for an average of 137.7 minutes. Major occurrences like high winds, grid management errors, or wildlife damage can lead to a significant rise in these time frames.

A solar panel system could alleviate the strain of future outages, even if it doesn't have a backup battery.

Power Outages

Currently, 0 customers are being tracked in Snohomish County.

Learn more

Customers Out:

0

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What impacts the cost of solar panels in Eastmont CDP, WA?

Your Energy Needs - With larger solar panel systems, the cost per watt declines, despite the greater upfront expense. Setting up a solar panel system that can fully offset the electric bill is advantageous to consumers because of the money saved.

Make & Model - There are numerous brands and models of solar panels and mounting equipment. Your installer’s brand preferences might necessitate selecting a reputable company. The use of superior materials is likely to result in a more satisfactory long-term experience for buyers.

Solar Panel Type - Monocrystalline panels have become the industry standard, and rightly so. Even though they are costlier, they produce more energy. The majority of installers utilize panels constructed from this material.

Your Property - No two properties or homes are identical. Uneven ground, trees, or other impediments can increase the difficulty of the installation. Nowadays, the majority of solar installers can assess your home with satellite images and include these considerations in the first cost estimate.

Labor Rates - The wage differences between companies cause costs that are passed on to the consumers. Reviews for work and customer service are usually higher for companies that pay higher wages.

Permitting & Interconnection - The local permitting and utility interconnection fees, which change by region, will influence your final installation price. Experienced local installers will integrate these numbers into your preliminary quotes to avoid any surprises.

See what solar panels cost in other WA cities

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Who are the best solar installers in Eastmont CDP?

A&R Solar

Seattle, WA(206) 707-9937

Services

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

Douglass Colony Group

Commerce City, CO(877) 288-0650

Services

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

SunVest Solar

Pewaukee, WI(262) 547-1200

Services

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

Solgen Power

Pasco, WA(855) 220-0778

Services

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

Elemental Energy

Portland, OR(503) 967-5786

Services

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

Whidbey Sun & Wind

Coupeville, WA(360) 678-7131

Services

  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.

Dividend Finance

San Francisco, CA(415) 805-7000

Services

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

SunPower Corporation

San Jose, CA(800) 786-7693

Services

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

Whidbey Sun and Wind

Coupeville, WA(360) 678-7131

Services

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

Entegrity

Little Rock, AR(800) 700-1414

Services

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

Northwest Electric & Solar

Kenmore, WA(206) 356-0601

Services

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

Puget Sound Solar

Seattle, WA(206) 706-1931

Services

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

LightEdison

Denver, CO(888) 966-6377

Services

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

Sunergy Systems

Seattle, WA(206) 279-0493

Services

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

Barron Heating and AC

Ferndale, WA(360) 676-1131

Services

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

Eastmont CDP, WA Solar Panel Cost FAQs

  • As of October, 2024, the average solar panel installation cost in Eastmont CDP, WA has reached $3.32/W. Post federal tax credit, a 5 kW solar panel system installation in Eastmont CDP, WA will roughly cost $11,620.

  • Various utility providers and government organizations in Washington are offering 14 rebates and incentives at this time. 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 advantageous. Many installers will include information about financing options in their initial quotes.

  • Yes, in Eastmont CDP, WA, the average time for 5 kW solar panel systems to pay for themselves is 9 years, leading to electricity savings of $13,248.8 over a 20-year period.
King Manalo
Last Reviewed By: King Manalo
Published: 2024-10-01