Solar Panels Cost 9.5k-19k in Edgewood, WA | October, 2024

Solar Panels Cost $9.5k-$19k in Edgewood, WA | October, 2024

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How much do solar panels cost in Edgewood, WA in 2024?

It costs approximately $3.4/W in Edgewood, WA in October, 2024 to have solar panels.

You should expect to pony up $3,400, on average, for every 1000 watts (or 1 kW) of solar energy your system will need to generate. After deducting the 30% federal tax credit, a 5 kW panel install in Edgewood generally costs $11,900. Depending on your electricity consumption habits, you might need a bigger system.

Select your county from the menu on the left to find out the typical roof size and maximum solar panel capacity for homes in your area. You can review the price, payback period, and 20-year average savings for a 5 kW system installed in your county below.

Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Edgewood: $11,900US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Edgewood: 8 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Edgewood: $12,105US Average: $15,784

Solar Potential in Edgewood

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

Roof size 733sq. ft.
Capacity 10.25kW DC
Electricity 9.8kkWh AC per yr.

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

The average monthly electricity cost for a Edgewood consumer is $121.27, with an average usage of 870 kWh. These statistics encompass apartments and other smaller housing units, which usually have reduced energy consumption.

The average electricity rate in Edgewood, WA in October 2024 is 13.93¢ per kWh.

To satisfy the electricity requirements of an average user in Edgewood, a solar panel system of 8 kW or more is essential. Upfront, an 8 kWsolar system costs about $27,200, with the 30% tax credit, the total comes down to $19,040.

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Average solar panel costs by system size in Edgewood

Displayed below and to the left, you will see a thorough price breakdown for various solar panel system sizes installed in Edgewood. As expected, a bigger solar system requires a greater upfront cost, but it also leads to greater electricity savings and more substantial income tax credits.

The solar panel cost calculator below and to the right analyzes costs and benefits, based on an average $121.27 electric bill in Edgewood Modify the $121.27 to your average electricity bill payment for more accurate results.

System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $832 a year
Est. Price
$9,520
Savings from a 4kWthis system
  • Est. yearly production 5,944 kWh
  • Est. monthly savings $69
  • Full payback in 7 years
Environmental Impacts
  • Reduces CO2 emissions by 0.79 tons a year
  • Equivalent to planting 36 trees a year
  • Equivalent to driving 1,960 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,040 a year
Est. Price
$11,900
Savings from a 5kWthis system
  • Est. yearly production 7,430 kWh
  • Est. monthly savings $87
  • Full payback in 8 years
Environmental Impacts
  • Reduces CO2 emissions by 0.99 tons a year
  • Equivalent to planting 45 trees a year
  • Equivalent to driving 2,450 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,248 a year
Est. Price
$14,280
Savings from a 6kWthis system
  • Est. yearly production 8,916 kWh
  • Est. monthly savings $104
  • Full payback in 10 years
Environmental Impacts
  • Reduces CO2 emissions by 1.19 tons a year
  • Equivalent to planting 55 trees a year
  • Equivalent to driving 2,940 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,456 a year
Est. Price
$16,660
Savings from a 7kWthis system
  • Est. yearly production 10,402 kWh
  • Est. monthly savings $121
  • Full payback in 11 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
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,664 a year
Est. Price
$19,040
Savings from a 8kWthis system
  • Est. yearly production 11,888 kWh
  • Est. monthly savings $121
  • Full payback in 13 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

Edgewood Solar Panel Installation Incentives & Rebates | 2024

The REAP Grant can potentially cover between 80% and 100% of the installation costs for solar energy or wind turbines for rural small businesses and farms. If you think you might be in this category, we suggest verifying your qualification with our REAP Grant eligibility tool.

For those looking into residential solar options, a 30% federal income tax credit is commonly available, boosting the appeal and practicality of solar energy in various areas throughout the nation. Alongside federal incentives, there are many state and local efforts to support solar energy adoption.

Washington features 14 solar rebate and incentive programs available from various utilities and government organizations.

Solar incentives in WA

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 plan is to stay in your home past the time it takes to pay off your solar system, installing solar panels is a wise move in Edgewood. Over a 20 year time frame, a 5 kW solar system in Edgewood, WA could save you around $17,204.8, with the average break even time being 8 years.

The cost of not having solar panels in Edgewood, WA

Without solar panels or another backup power source, you lose out on the earlier mentioned savings and are fully dependent on your electric utility for electricity. As demonstrated by recent news, complete reliance on your utility isn't always the most favorable situation.

Normally, customers in Edgewood face around 1.09 outages. The average length of an outage is 196 minutes. In events like wildfires, planned maintenance, or aging infrastructure, this duration can extend significantly.

A solar energy system, whether it includes a backup battery or not, should help relieve the burden of future power outages you may encounter.

Power Outages

Currently, 0 customers are being tracked in Pierce County.

Learn more

Customers Out:

0

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What impacts the cost of solar panels in Edgewood, WA?

Your Energy Needs - Even though larger solar panel systems have a higher initial cost, the cost per watt decreases. Many homeowners find it advantageous to install a system that can produce enough electricity to fully cover the entirety of their electric bill. This math makes the most sense for maximum savings.

Make & Model - Solar panels and mounting equipment, like many other products, are available in a variety of makes and models. Your installer’s brand preferences might require picking a reputable installer. Superior quality materials frequently result in a more satisfactory long-term experience for buyers.

Solar Panel Type - The industry standard is now monocrystalline panels, and justifiably so. Even though they are more expensive, they generate more energy. Many installers utilize panels crafted from this material.

Your Property - No two properties or homes are the same. Trees, irregular terrain, or other obstructions can make the installation process more challenging. With the use of satellite images, many solar installers nowadays can assess your home and include these elements into the first cost estimate.

Labor Rates - The varying wages that companies give their employees result in costs that are ultimately transferred to consumers. Higher wages generally correlate with better reviews for businesses' work and customer service.

Permitting & Interconnection - The cost of installation will change depending on local permitting and utility interconnection fees. Experienced local installers will include these figures in your preliminary estimates to guarantee transparency.

See what solar panels cost in other WA cities

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Who are the best solar installers in Edgewood?

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

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

SunVest Solar

Pewaukee, WI(262) 547-1200

Services

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

Solgen Power

Pasco, WA(855) 220-0778

Services

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

Elemental Energy

Portland, OR(503) 967-5786

Services

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

Whidbey Sun & Wind

Coupeville, WA(360) 678-7131

Services

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

Dividend Finance

San Francisco, CA(415) 805-7000

Services

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

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

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

Puget Sound Solar

Seattle, WA(206) 706-1931

Services

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

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 batteries for energy storage.
  • Installation of solar arrays.

Edgewood, WA Solar Panel Cost FAQs

  • As of October, 2024, the average solar panel installation cost in Edgewood, WA has reached $3.4/W. Post federal tax credit, a 5 kW solar panel system installation in Edgewood, WA will roughly cost $11,900.
  • Right now, Washington has 14 rebates and incentives available through a variety of utility companies and government entities. Additionally, the vast majority qualify for the 30% federal tax credit.
  • Paying cash offers the most savings, yet there are several financing options available today for solar panels that are also beneficial. Initial quotes from installers will frequently include information about available financing options.
  • Yes, in Edgewood, WA, 5 kW solar panel systems usually pay off in 8 years, providing an average electricity cost savings of $17,204.8 over a 20-year period.
Alex Zdanov
Last Reviewed By: Alex Zdanov
Published: 2024-10-01