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We're here to help you determine whether a solar power system is worth it in Otis, Oregon. We'll also answer your questions about how it works and which solar providers and installers are available. See the topics below:

Cost of Solar Panels in Otis, OR

The figures below show the total cost of solar power in Otis and the estimated payback or break-even period. The numbers below assumes you want to buy the system outright. You can also get a loan, lease the system, or set up a “power purchase agreement” (PPA). Learn more about payment options.

Residential 5 kW system

 

Estimated system cost: $20,950

(-) Federal tax credit: 30% with no maximum


Final cost after tax credits: $14,665

Est. energy savings per year: $736

Time to recover costs: 19 years 11 months

30-year savings: $7,415

Commercial 50 kW system

 

Estimated system cost: $193,500

(-) Federal tax credit: 30% with no maximum


Final cost after tax credits: $135,450

Est. energy savings per year: $7,365

Time to recover costs: 18 years 5 months

30-year savings: $85,491


Get a quote

 

Sources

State discounts are not calculated due to complex pricing, frequent change, and individual variations such as the property taxes on your home or business. Overall, financial incentives in most of Oregon are excellent, so expect to pay less vs. the above. All partner solar power companies will help you determine which incentives you qualify for. You may either request a quote by clicking above or try checking for state solar incentives on DSIRE.org's site here.

Solar Power Companies in Otis, OR

The following companies do solar power installation and financing in Oregon.


Sunrun Logo

Description: Sunrun is a residential-only solar provider in 15 states. The company estimates customers save an average of 20% on their electricity bills after costs. Features:
  • Several affordable plans available.
  • Guaranteed lifetime protection for equipment.
  • Guaranteed production rates. If they don't produce as promised, Sunrun will refund your money.
  • New home owners receive the same deals, increasing home equity.
Company highlights: Sunrun's guarantees really make it stand out - especially because one of the most common complaints with other solar panel providers is that salespeople over-promise production and leave customers stuck with money-losing systems. It's all guaranteed in writing with Sunrun.



SolarCity Logo

  Description: SolarCity is currently the largest solar provider in the nation. The company was started by two brothers, and is proud of its grassroots beginnings. Features:
  • $0 down plans available.
  • The Give Power foundation gives a solar system and battery to schools without electricity for every megawatt generated.
  • Option to lock-in power rates to avoid rising utility costs.
Company highlights: SolarCity is easy to get behind with its emphasis on helping less fortunate communities. Customers also report high satisfaction with price lock options.


Get a quote

While you can install your own solar panels, it's definitely not easy. We strongly recommend working with a professional solar power installer. If you have professional construction and roofing experience feel free to read more about DIY systems.

Should You Get Solar in Otis?

Obviously only you can decide, but we've collected the following pros and cons for getting solar at a Otis home or business:

Pros

  • 30% federal incentive extended to 2019
  • Average grid electricity costs ($0.11 per kilowatt-hour) make solar viable
  • Quickly-rising electricity costs (+22% in the last 5 years)
  • Excellent state financial incentives (#1 out of 50)
  • Higher-than-average electrity usage (902 kWh per month) means more opportunities for savings
  • Exceptional policy scores: interconnection (A) | net metering (A)

Cons

  • Below-average sunshine (15.4% below average)

Is solar worth it in Otis, OR? Considering all of the above, we think so for most people. Solar is 34.6% less cost effective than the rest of the nation and will pay itself back in around 19 years 11 months for a home buyer. We like to see return times (without state incentives) under 20 years.

Sources

  • Electricity costs, rates of change, and usage from EIA.gov
  • Subsidies analyzed by DecisionData from state websites
  • State policy scores come from freeingthegrid.org
  • Sun data assumes equal zip code weight based on NREL data

Solar Power Savings by Month in Otis

A 5kW system will save someone in Otis up to $61.26 on an average month. That's significant given the average Oregon power bill of $96.24 per month. Here’s a monthly breakdown:

Month Available kW / m2 / day Max savings / month
Jan 2.05 $31.49
Feb 3.07 $43.01
Mar 3.50 $53.88
Apr 4.58 $68.26
May 5.00 $76.88
Jun 5.06 $75.35
Jul 5.97 $91.82
Aug 5.84 $89.85
Sep 5.52 $82.20
Oct 3.76 $57.80
Nov 2.40 $35.68
Dec 1.96 $30.14

Data based on 1 zip in Otis, OR. Data reliability is rated excellent.

Savings Methodology

We estimate savings with a system that is very efficient at 19% of energy captured with a standard 5% total system loss. System loss comes from both the unavoidable (system age, electrical dissipation in wiring and connections, etc.) and the avoidable (shade from trees, dust, etc.) Do note that the system will b e slightly less efficient as it ages, too.

For example, July is the highest-sun month in Otis with an average of 5.97 kW per meter per day. An efficient 5 kW system will cover about 25 square meters depending on the roof. So, the following is the savings calculation for July in Otis:

5.97 kW/m2 * 25m2 = 149.17 kW/day available

149.17 * 19% efficiency = 28.34 kW/day captured

28.34 kW * 95% system retention = 26.93 kW/day usable

26.93 kW * Oregon average of $0.11 per kW * 30 days = up to $91.82 in savings in an average July.

These assumptions are very good for the average home in Otis, but nothing beats the accuracy of getting your own quote.

Other Resources

Solar panel costs and savings: More info on how much solar costs and the factors that can influence your price.

Kilowatts and kilowatt hours: What are kilowatts and how do electric companies charge you?

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