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

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

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

Typically, in Midland CDP, WA in the month of October, 2024, the cost per each watt for solar panel systems is $3.4/W.

In accordance with the price, you can conclude that for every 1 kW (1000 watts) your solar system can generate you will need to invest $3,400 to get your panels installed. After receiving the 30% federal tax credit, a 5 kW solar panel install in Midland CDP sets you back $11,900. Be aware that a larger system might be required to fulfill your energy requirements.

To the left,choose your area to find out the average roof size and the average maximum capacity of solar panel systems for homes in your county. Below is a full analysis of 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.
Midland CDP: $11,900US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Midland CDP: 10 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Midland CDP: $6,347US Average: $15,784

Solar Potential in Midland CDP

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

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

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

On average, Midland CDP residents use 927 kWh each month, and the electric bill is $97.28. Bear in mind that this figure incorporates data from both apartments and smaller homes with reduced energy requirements.

In October 2024, the electricity rate in Midland CDP, WA is on average 10.49¢ per kWh.

Average electricity users in Midland CDP may want a solar panel system with a generation capacity of 8 kW or more to satisfy their full electricity usage needs. At the moment, an 8 kW solar installation will cost you roughly $27,200upfront, but thanks to the 30% federal tax credit, you receive 30% back, reducing the total to $19,040.

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Average solar panel costs by system size in Midland CDP

Below on the left side, there is the cost breakdown for multiple sizes of solar panel systems set up in Midland CDP. Even though a larger solar installation carries a larger expense, it also offers higher electricity savings and larger income tax credits.

In the calculator provided to the right and below, you will find a breakdown of solar panel costs and benefits, calculated with an average $97.28 electric bill for Midland CDP. Adjust the $97.28 to your average electricity bill payment for results that are tailored to you.

System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $594 a year
Est. Price
$9,520
Savings from a 4kWthis system
  • Est. yearly production 5,944 kWh
  • Est. monthly savings $50
  • Full payback in 8 years
Environmental Impacts
  • Reduces CO2 emissions by 0.71 tons a year
  • Equivalent to planting 32 trees a year
  • Equivalent to driving 1,747 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $743 a year
Est. Price
$11,900
Savings from a 5kWthis system
  • Est. yearly production 7,430 kWh
  • Est. monthly savings $62
  • Full payback in 10 years
Environmental Impacts
  • Reduces CO2 emissions by 0.88 tons a year
  • Equivalent to planting 41 trees a year
  • Equivalent to driving 2,183 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $892 a year
Est. Price
$14,280
Savings from a 6kWthis system
  • Est. yearly production 8,916 kWh
  • Est. monthly savings $74
  • Full payback in 12 years
Environmental Impacts
  • Reduces CO2 emissions by 1.06 tons a year
  • Equivalent to planting 49 trees a year
  • Equivalent to driving 2,620 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,040 a year
Est. Price
$16,660
Savings from a 7kWthis system
  • Est. yearly production 10,402 kWh
  • Est. monthly savings $87
  • Full payback in 14 years
Environmental Impacts
  • Reduces CO2 emissions by 1.23 tons a year
  • Equivalent to planting 57 trees a year
  • Equivalent to driving 3,056 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,189 a year
Est. Price
$19,040
Savings from a 8kWthis system
  • Est. yearly production 11,888 kWh
  • Est. monthly savings $97
  • Full payback in 16 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

Midland CDP Solar Panel Installation Incentives & Rebates | 2024

Small businesses and farms in rural areas may see between 80% and 100% of their solar or wind turbine installation costs covered by the REAP Grant. Wondering if you fall into this category? Check your eligibility with our REAP Grant eligibility tool.

Almost all homeowners can benefit from the 30% federal income tax credit for residential solar, making solar energy a sensible option across most parts of the country. Alongside federal incentives, there are many state and local efforts to encourage solar energy adoption.

Several utilities and government agencies in Washington currently offer 14 solar rebates and incentives.

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?

For homeowners in Midland CDP planning to remain in their homes after the payback period for solar panels, solar energy is a sensible choice. In Midland CDP, WA, a 5 kW solar system installation might save you $11,447.2 on average over 20 years, with a typical break even point of 10 years.

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

Besides missing out on the aforementioned savings, not having solar panels or a different backup energy source makes you fully reliant on your electric utility for electricity. The news has provided several examples demonstrating that full reliance on your utility is not always ideal.

The utilities in Midland CDP have averaged about 0.73 outages per customer per year in recent years. Usually, outages have an average duration of 76.19 minutes. However, during critical events like planned maintenance, grid management errors or winter storms, these times can extend dramatically.

A solar panel system, with or without a backup battery or not, could reduce the impact of future power outages you might face.

Power Outages

Currently, 0 customers are being tracked in Pierce County.

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Customers Out:

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

Your Energy Needs - Even though larger solar panel systems have a larger initial cost, the cost per watt drops. For most individuals, setting up a system that can produce enough power to reduce their entire electric bill is useful, providing significant savings.

Make & Model - Similar to many other products, there are a variety of makes and models of solar panels on the market. The potential brand preferences of your installer mean that it is it's even more necessary to pick a highly rated company. Choosing superior quality materials generally yields a more favorable long-term experience for the buyer.

Solar Panel Type - For good reasons, monocrystalline panels have emerged as the standard in the industry. Even though they are costlier, they generate additional energy. The majority of installers use panels crafted from this material.

Your Property - Each property and home has its own characteristics. Factors like irregular terrain, trees, or other challenges can make the installation more challenging. Nowadays, solar installers commonly leverage satellite images to evaluate your home and incorporate these considerations into the preliminary cost estimate.

Labor Rates - Companies offer varying pay rates to their employees, which are then passed on to the prices consumers pay. Businesses that invest in higher wages often see higher reviews for their services and customer service.

Permitting & Interconnection - Regional differences in permitting and utility interconnection fees will affect your installation cost. Reliable local installers will incorporate these figures into your preliminary estimates to avoid any surprises.

See what solar panels cost in other WA cities

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Who are the best solar installers in Midland 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

  • 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.

Midland CDP, WA Solar Panel Cost FAQs

  • In October, 2024, the typical price per watt for solar panels in Midland CDP, WA is $3.4/W. After the federal tax credit, the estimated cost for a 5 kW solar panel system in Midland CDP, WA is roughly $11,900.

  • Residents of Washington can currently take advantage of 14 rebates and incentives offered by various utilities and government bodies. In addition, the 30% federal income tax credit is available to almost everyone.

  • Paying in cash provides the highest savings, but there are several financing options available today for solar panels that are also financially advantageous. Many installers will detail information about financing options in their initial quotes.

  • Yes, in Midland CDP, WA, the average time for 5 kW solar panel systems to pay for themselves is 10 years, leading to electricity savings of $11,447.2 over a 20-year period.
Alex Zdanov
Last Reviewed By: Alex Zdanov
Published: 2024-10-01