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 solar electric system, the cost depends on the size of the system and the ease of installation, with an average cost range of $6,000–$9,000 for each kilowatt (kW) of capacity. However, incentives and tax credits can cover up to 75% of the cost.
Solar Electric - PGE Customer - 3,000 Watts
|
$16,500 |
Total installed cost* |
|
- $2,250 |
Energy Trust incentive ($.75/watt) |
|
$14,250 - $4,275 |
Amount homeowner pays to contractor Federal tax credit (30% of $14,275) |
|
- $6,000
|
Oregon tax credit ($3 per watt AC, up to $6000)3000 Watt DC times .7 = 2,100 AC, 2,100 AC times $3 = $6,300 |
|
|
|
|
$3,975 |
Final cost to homeowner |
* Solar electric system costs vary and depend on size. Typical systems range from $5–$7 per watt installed.


