Cost of solar in Portland, OR

Electricity Consumption in Portland

Electricity Consumption by Oregon residents averages 970 kWh per month. It ranks #15 in the nation for savings from installing solar panels on the home.

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Solar power in Portland, Oregon

PGE offer a rebate of $250 per kW up to $1,500 alongside other incentives. Oregon offers a state tax credit of $6,000 or 50% of the total cost. 30% of the remaining cost may be claimed as a deduction to federal taxes. The federal solar tax credit can be spread over several years and always covers 30% no matter the system size. Already a common 5kW system costing about $17,000 will only actually cost $6,650. Incentives like these are insane and make solar a simple choice in Portland.

PGE also offers net metering valuing every kWh exported to the grid at the value of another drawn from from the grid at a later time. When more energy is exported in a month than drawn from the home you will receive credit applicable to the next month. Net metering makes wiping out your electric bill easy. Incentives like these are some of if not the best incentives in the country and won't last forever!

Even if you are not convinced about solar we recommend that at the very least you use the solar panel calculator for Portland to find out:

Estimate your solar savings
Solar power in Oregon

The average cost of installing residential solar panels in Portland, Oregon in 2020 is $3.72 per watt. The average system size in the US is 6 kilowatts, which means the average price of a solar system in Portland, OR is $18,600. (before claiming 26% tax credit and other rebates)

What does the cost of a real solar system look like?

Facts about installing a 12.18kW solar system in Portland, OR

This system would offset 100% of your energy usage if your typical monthly bill is $147, however your situation may vary so try our Portland solar calculator to get a result tailored to you.

$26,250

Net cost of system
Cash - after 26% solar tax credit

11 Years 7 Months

Average payback time

12,335
kWh

Annual power production


/kWh

levilized cost of solar energy

25¢
/kWh

If you don't get solar
The forecast average utility price over the next 25 years

Cash flow graph based on cash purchase of this 12.18kW system

Life-time savings on this system over the next 25 years

$40,465

(Prices shown after repayments of capital)

 


 

Solar companies in Portland, OR that provide pricing through the Solar-Estimate marketplace

19

 


Solar calculator and quote comparison tool

Average total cost of solar panel installation in Oregon

System Size Cash purchase
After 26% solar tax credit
Financed purchase
After 26% solar tax credit
3kw $8,614 $9,303
4kw $11,337 $12,244
5kw $13,986 $15,105
6kw $16,517 $17,838
7kw $19,011 $20,531
8kw $21,430 $23,145
9kw $23,776 $25,678
10kw $26,048 $28,132

 

Going solar in Oregon

Check out all of the ways energy providers of Oregon can help you be more energy efficient and save money.

The following programs are available:
Incentive Name Eligibility Type
Residential Renewable Energy Tax Credit Federal Personal Tax Credit
Property Tax Exemption for Renewable Energy Systems State Property Tax Incentive
Net Metering State Net Metering
Oregon Solar + Storage Rebate Program State Rebate Program
Energy Trust of Oregon Incentive - Portland General Electric Utility Rebate
Energy Trust of Oregon Incentive - Pacific Power Utility Rebate Program

Please keep in mind that the best source of up-to-date information on incentives are the solar installers who specialize in your area.