Oregon solar power facts
Average cost of a 5kw solar power system in 2016
Price shown before incentives
Average payback time
Average lifetime savings
Price shown after repayments of capital
Levelized cost of solar energy
If you don't get solar
The forecast average utility price over the next 25 years
(per kW of peak DC solar panels)
Cash flow graph based on cash purchase of a 5kw system
Solar companies in Oregon that provide pricing through the Solar-Estimate marketplace
Solar power in Oregon
Despite Oregon having less than average solar irradiation and also having relatively cheap power (only around 11.5 cents/kWh on average) the combination of the generous state tax credit, utility based incentives and the 30% federal tax credit gets Oregon into the top ten states in America in terms of investment return available from installing solar panels on your home.
The Oregon RPS has the best solar carve out in the USA, it requires electric companies that have more than 25,000 customers to source 8% of their electricity from small scale renewable sources. However, the utility incentives offered in Oregon require the owner of a solar system to transfer their REC's to the utility and so this is why you will not see a value for REC's in the solar investment calculations on this site.
The overall picture is still pretty good in Oregon with average solar system payback times around 7 years on a 5kW system. So in 7 years you will have spend the same money if you did or didn't buy solar in 207, but if you did you will be looking forward to living for a further 20 years without a power bill and if you didn't you will be paying a monthly power bill approaching double what you pay now.
It's time to act now while state federal and utility level incentives pay for most of your system.
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Compare solar quotes from the top solar companies in Oregon
Best brands of solar panels
To find the best brands of solar panels you can use America's most trusterd solar panel comparison and reviews website, SolarReviews.
However, reviews of solar panels can be a bit meaningless because most consumer owners have not had any issues and so whilst solar company reviews are very important when choosing solar installers they are of less use when choosing solar panels.
For more information to help you make an informed decision about this topic, I would recommend this article about buying solar panels.
Unlock live pricing on the best solar panel brands!
Compare solar quotes from the top solar companies in Oregon
How much electricity will solar panels produce in Oregon
Solar panels produce different amounts of energy in different locations.
Around the Salem area solar panels installed on a south facing 34 degree pitch roof will typically produce:
1,160 kWh per year per 1kw of peak DC (direct current) capacity
For more information about how your location, roof direction and roof tilt affects solar power production use the solar panels calculator and enter your address below.
What rebates, solar tax credits and other solar incentives are available in Oregon
Oregon Residential Solar Energy Tax Credits
In addtion to the 30% federal solar tax credit the state of Oregon offers a state based tax credit for new solar generation systems. The incentive offers $1.70 per watt up to a maximum value of $6,000.Rules and conditions apply to this solar incentive. Contact a local installer.
Oregon Solar Power Rebates
The Oregon Energy Trust offers utility level incentives to install a solar system on your home. If you elect to claim these incentives the utility takes ownership of the REC's to which your system would be normally be entitled. However, most elect the upfront incentives rather than to trade their small number of REC certificates each year and be subject to the vagaries of this market.
The table below shows the rebate offered by each utility:
|Ashland Electricity Utility||$500/kW, up to $75,000||Subject to addtional terms|
|Central Lincoln PUD||$500/kW, up to $2,000||Subject to addtional terms|
|Emerald PUD||$750/kW, up to $3,500||Must be installed by a registered and approved solar contractor|
|Eugene Water & Electric Board||$400/kW, up to $2,500||Subject to addtional terms|
|Lane Electric Corp||$500/kW, up to $2,000||Available beginning 1/1/2016|
|PEG||$450/kW, up to $4,500||$9,500|
|Pacific Power||$600/kW for first 3kW, $300/kW thereafter, up to $8,400||Rebates cannot exceed 50% of the total project and depend on availability of funds.|
The table is here if you need to understand it: https://solarpowerrocks.com/oregon/#netmeter
Net Metering in Oregon
Many people don't understand the importance of net metering policy to the residential solar industry. Solar by its nature generates most power during the middle of the day when most people are at work or school and little power is being used in the home. Net metering means that for every unit of surplus solar generation generated during the day you effectively get a credit for a kilowatt hour of power purchased from the grid at another time. Excess kWh are reconciled annually at the avoided cost rate, more info about Oregon net metering is here.
Property Tax exemption
In Oregon solar installations are 100% tax exempt from property valuations so your property tax won't go up if you put solar on your house.
Oregon Interconnection guidelines
Connecting solar to the various different utilities in Oregon is a process that can differ somewhat depending on the type of electricity customer you are and the size of the solar system you wish to install. There is more info about it here but your best source of current info is likely to be your local solar installers.
Regardless of what you want to know about the economics of installing solar panels for your home or business in Oregon we have a solar calculator that can show you exactly the information your require.
You can either use our full monty solar calculator that shows you everything you could possibly want to know or you can use one of our range of smaller calculators for specific solar calculations that focus on providing you only with the specific information you require.
What you can find out about installing solar panels in Oregon using our full monty solar calculator
This solar calculator requires you to input your address, utility company, your average monthly power spend - It tells you:
- What size solar system do you need?
Answers the question of How many solar panels do I need?
- How many square feet of roof space you need for solar panels
- Solar electricity production in annual kWh (kilowatt hours) you can expect from your solar system in Oregon
- The value of solar tax credits and other incentives you are entitled to based on the estimated size of system you need, your location and your utility provider.
- Likely cost based on an average of prices charged for solar systems of that size in the last year in Oregon or Salem;
- The likely payback period on your solar panels and your investment return.
- Your total lifetime solar savings based on each of the major solar finance options, a cash purchase, a cash purchase funded with a HELOC sol (home equity line of credit) and a zero down PPA or third party lease product.
If you want to see all of the above but also see live pricing, the three best solar deals available in your city and get binding quotes from each of these solar companies then use this solar panels calculator. This calculator requires you to also input your name and contact details because most of our 200+ installer partners will only authorize the sharing of their live solar pricing where we have validated that you are a real homeowner with a home in their service area. We respect the privacy of your data and only share your contact details with the solar companies you ask us to get binding quotes from.
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How much do solar panels cost in Oregon
$3.10 per watt
Cash purchased solar system
Before 30% solar tax credit
$3.50 per watt
Financed solar system
Before 30% solar tax credit
Av. 15 year term, 2.5% price escalator
What are the pros and cons of buying solar panels for your home in Oregon
The advantages of installing solar panels in Oregon is there is both state based incentives and the federal tax credit. Solar is a great choice for the home or business owner, get in while the incentives are still around.
The disadvantage of installing solar panels for your home in Oregon is that there is less overall solar irradiation in Oregon per year and so a solar system, produces less than it would in some other areas. The cost of grid power is cheap in Oregon and stretches out pay back times a little. Despite all this incentives are still great in Oregon and make solar an excellent choice for a home or business owner in Oregon. Enter your details to calculate the cost and savings you are likely to get from installing solar panels for your home.