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Founded in 1979, Solar Oregon is a 501 (c) (3) non-profit membership organization providing public education and community outreach to encourage Oregonians to choose solar energy.
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Typical Costs

Typical Costs

The following treatment of tax incentives does not constitute tax advice and cannot be used to avoid IRS penalties.

Example:

A grid-tied solar electric system. The cost depends on the size of the system and the ease of installation, with an average cost of $4,500 for each kilowatt (kW) of capacity. However, incentives and tax credits can cover more than 75% of the cost!

Solar Electric - PGE Customer  - 4,000 Watts

  $18,000

Total installed cost*

- $3,800

Energy Trust incentive ($0.95/watt for customer owned system)

$14,200

- $4,260

Amount homeowner pays to contractor

Federal Tax Credit (30% of $14,200)

- $6,000

Oregon Tax Credit ($1.90/watt, up to $6000)

 


$3,940

Final cost to homeowner

 For Utility Customers outside Energy Trust of Oregon territory (not served by PGE or Pacific Power)

4,000 Watt system

  $18,000

Total installed cost*


- $5,400


Federal tax credit (30% of $18,000)

- $6,000

Oregon tax credit ($1.90/watt, up to $6000)

 


$6,600

Final cost to homeowner


Several electric utilities in Oregon provide incentives or loans for solar electric systems (not shown in this cost example).  Is your utility one of them?  Go to the
Database of State Incentives for Renewables and Efficiency (DSIRE) or contact your utility directly.

* Solar electric system costs vary and depend on size. The 2014 average installed cost for grid-tied systems is approximately $4.50 per watt.

 
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