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

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

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

For the month of October, 2024, the price per watt for solar panel systems in Summit CDP, WA is $3.4/W, on average.

In other words, solar panel installations will cost you about $3,400 per 1 kW (or 1000 watts) of production capacity. When you subtract the 30% federal tax credit, you will pay around $11,900 for a 5 kW panel install in Summit CDP. However, a 5kW system may not be big enough to ensure your energy needs are met.

To the left, you can select your county to find out the average roof size and the maximum capacity of solar panels for houses in your area. You can review the costs, payback period, and 20-year average savings for a 5 kW system in your county below.

Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Summit CDP: $11,900US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Summit 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.
Summit CDP: $8,186US Average: $15,784

Solar Potential in Summit CDP

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

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

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

The average electricity bill in Summit CDP, for a usage of 899 kWh per month, is $104.94. This figure also factors in the energy needs of apartments and smaller dwellings.

In October 2024, the average electricity rate in Summit CDP, WA amounts to 11.67¢ per kWh.

In Summit CDP, average users will require a system size of 8 kW or greater to fully meet their entire energy usage requirements. The cost of a an 8 kW solar system is approximately $27,200 initially, but the federal tax credit provides a 30% credit, reducing your total to $19,040.

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Average solar panel costs by system size in Summit CDP

Presented on the left, you will find a cost summary for different solar panel system sizes installed in Summit CDP. The bigger the solar array, the larger the initial expense, but also the greater electricity savings and income tax credits you'll receive.

The breakdown of costs and benefits for solar panels, displayed in the calculator below and to the right, is based on an average electric bill of $104.94 in Summit CDP. For more specific results, just change the $104.94 with whatever your average electricity bill is.

System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $713 a year
Est. Price
$9,520
Savings from a 4kWthis system
  • Est. yearly production 5,944 kWh
  • Est. monthly savings $59
  • Full payback in 8 years
Environmental Impacts
  • Reduces CO2 emissions by 0.78 tons a year
  • Equivalent to planting 36 trees a year
  • Equivalent to driving 1,936 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $892 a year
Est. Price
$11,900
Savings from a 5kWthis system
  • Est. yearly production 7,430 kWh
  • Est. monthly savings $74
  • Full payback in 9 years
Environmental Impacts
  • Reduces CO2 emissions by 0.98 tons a year
  • Equivalent to planting 45 trees a year
  • Equivalent to driving 2,420 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,070 a year
Est. Price
$14,280
Savings from a 6kWthis system
  • Est. yearly production 8,916 kWh
  • Est. monthly savings $89
  • Full payback in 11 years
Environmental Impacts
  • Reduces CO2 emissions by 1.17 tons a year
  • Equivalent to planting 54 trees a year
  • Equivalent to driving 2,904 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,248 a year
Est. Price
$16,660
Savings from a 7kWthis system
  • Est. yearly production 10,402 kWh
  • Est. monthly savings $104
  • Full payback in 13 years
Environmental Impacts
  • Reduces CO2 emissions by 1.37 tons a year
  • Equivalent to planting 63 trees a year
  • Equivalent to driving 3,388 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,427 a year
Est. Price
$19,040
Savings from a 8kWthis system
  • Est. yearly production 11,888 kWh
  • Est. monthly savings $105
  • 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

Summit CDP Solar Panel Installation Incentives & Rebates | 2024

The financial burden of installing photovoltaic or wind turbines for rural agricultural enterprises and small businesses could be eased with the REAP Grant, covering 80% to 100% of the costs. If you think you might be eligible, try our REAP Grant eligibility tool to check your qualification.

Almost all residents are eligible for the 30% federal income tax credit for residential solar, which makes it a viable option in various states in the country. State and local governments offer various programs to promote the switch to solar energy.

A total of 14 solar incentive and rebate programs are available in Washington from various utilities and government organizations.

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 Summit CDP expecting to remain in their homes after the payback period for solar panels, solar energy is a sensible choice. A 5 kW system in Summit CDP, WA will help you save the average homeowner, on average, $13,285.6 over a 20 period and the average break even point is 9 years.

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

Apart from the savings noted earlier, failing to install solar panels or an alternative energy backup leads to you being wholly dependent on your electric utility for power supply. Total dependence on your utility provider isn't always ideal, as recent examples in the news have demonstrated.

In recent times, the average number of utility outages per customer annually in Summit CDP has been about 0.91. Typically, outages have an average duration of 136.1 minutes. However, during significant events such as wildfires, overloaded power grids, or wildlife damage, these times can drastically increase.

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

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 Summit CDP, WA?

Your Energy Needs - The price per watt reduces with larger solar panel systems, even though the upfront cost is higher. Setting up a solar system that produces sufficient electricity to offset their electric bill is advantageous to most homeowners, resulting in savings.

Make & Model - Like many other products, there are various makes and models of solar panels available. It's crucial to pick a highly rated contractor, considering the brand preferences that installers may have. Superior quality materials generally lead to a more favorable long-term experience for buyers.

Solar Panel Type - Monocrystalline panels are widely recognized as the industry standard, and deservedly so. Despite the higher price tag, these panels produce greater energy output. Many installation experts use panels constructed from this material.

Your Property - Each property and home presents unique challenges. Trees, sloped land, or other impediments may complicate the installation process. Nowadays, the most solar installers can assess your home with satellite images and incorporate these factors in the preliminary cost estimate.

Labor Rates - The pay that various companies offer their employees differ, and these expenses are passed on to the consumers. Paying higher wages frequently results in businesses receiving better reviews for their work and customer service.

Permitting & Interconnection - Local permitting and utility interconnection fees, which differ by area, will affect your installation cost. That said, quality local installers will be able to incorporate these numbers into your initial quotes so there are no surprises.

See what solar panels cost in other WA cities

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Who are the best solar installers in Summit 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.

Summit CDP, WA Solar Panel Cost FAQs

  • During October, 2024, the average price for solar panel installations in Summit CDP, WA is $3.4/W. Post federal tax credit, a 5 kW solar panel system installation in Summit CDP, WA will roughly cost $11,900.

  • Various utility providers and government organizations in Washington are offering 14 rebates and incentives at this time. In addition, nearly all people are eligible for the 30%federal tax credit.

  • Even though paying cash offers the most savings, there are now numerous financing options for solar panels that also are cost-effective. Information about financing options is typically included in initial quotes provided by installers.

  • Yes, solar panels systems of 5 kW in Summit CDP, WA typically have a payback period of 9years, with expected savings on electricity costs of $13,285.6 over 20 years.
Alex Zdanov
Last Reviewed By: Alex Zdanov
Published: 2024-10-01