Benefits of Solar Energy
Solar energy provides several advantages that will enhance your home for years to come.
- Better energy independence: Adding a solar battery storage system lets you have reliable energy during grid outages and storms.
- Reduced carbon footprint: Solar is one of the universe's most abundant clean energy sources, meaning you can reduce or eliminate your home's dependence on fossil fuels.
- Lowered energy bills: With solar panels, you produce power without paying the tacked-on costs of grid-tied power. You can eliminate your bills completely if you go off-grid. Plus, a significant number of states offer net metering, which permit you to earn money by selling your unused energy back to the grid.
What Solar Incentives Are Available to Bend Homeowners?
Oregon's public agencies and power companies offer numerous solar incentives to help reduce your solar system costs. Below is a breakdown of available solar programs where you live.
Incentive Type: Rebate Program
Website: energytrust.orgIncentive Amount:
Varies (see below)
Incentive Type: Rebate Program
Website: oregon.govIncentive Amount:
Varies, see below
Incentive Type: Property Tax Incentive
Website: oregon.govIncentive Amount:
100%
Incentive Type: Rebate Program
Website: crpud.netIncentive Amount:
Solar PV: $1,000
Incentive Type: Loan Program
Website: oregon.govIncentive Amount:
None
Incentive Type: Rebate Program
Website: insider.energytrust.orgIncentive Amount:
Varies based on performance above code and the particular energy efficient measures installed; can range from $600 to $4,680
Solar ready incentive: up to $200
Incentive Type: Grant Program
Website: energytrust.orgIncentive Amount:
Varies
Incentive Type: Rebate Program
Website: laneelectric.comIncentive Amount:
Energy Star/NEEM Manufactured Home: $500
Heat Pumps (includes geothermal): $500 or a 0% loan up to $9,000
HVAC Repairs: 25% of cost, up to $1,000
Energy Star Heat Pump Water Heaters: $200 - $400
Solar water heater: $500
Solar PV: $0.5/watt, up to $1,000
Incentive Type: Loan Program
Website: laneelectric.comIncentive Amount:
Weatherization: up to $9,000
Heat Pump (must have a minimum HSPF of 9.0 and a SEER rating of 14.0): loan up to $9,000 OR $500 rebate
HVAC duct sealing and whole house air sealing(Vinyl window replacements, ceiling, floor, and wall insulation, HVAC duct sealing and repair, door and window caulking, weather-stripping, and general air sealing): up to $1,000
Incentive Type: Grant Program
Website: laneelectric.comIncentive Amount:
Energy Star/NEEM Manufactured Home: $500
Heat Pump: $500
Qualifying Ductless Heat Pump: up to $3800
Heat-Pump Water Heater: $200 - $400
Weatherization Cash Grant: 25% of total measure cost up to $1,000
Low Income Weatherization Cash Grant: up to $1500
Solar Photovoltaics Rebate: $0.50/Watt, up to $1,000
Incentive Type: Rebate Program
Website: midstateelectric.coopIncentive Amount:
Clothes Washer: $30
Clothes Dryer: $50
Air-Source Heat Pump: $500- $1,400
Geothermal Heat Pump: $3,000
Ductless Heat Pump: $800-$1,000
Heat Pump Water Heater: $500
Duct Sealing: $200
Windows: $3 per square foot
Energy Star Manufactured Home: $1,200
Incentive Type: Personal Tax Credit
Website: ecowatch.comIncentive Amount:
30% federal tax credit for systems placed in service after 12/31/2021 and before 01/01/2033. Good for: solar water heat, solar photovoltaics, biomass, geothermal heat pumps, wind (small), fuel cells using renewable fuels.
How To Choose the Best Solar Company in Bend
The purchase price and efficacy of solar panels often depend on the provider that mounted them. Here are some key items to keep in mind while searching for a solar provider.
Licensing and Training
Solar contractors in Oregon must be licensed and bonded according to the terms of the Oregon Construction Contractors Board. For PV installations, each standard journeyman on the job will have at least 8,000 hours of hands-on experience and must follow continuing education requirements. Installers of solar thermal systems must be either a licensed solar heating installer and a plumbing journeyman. Solar installers can also pursue accreditations from standards organizations and trade groups. The most recognized ones in the industry come from the NABCEP. Most company websites will prominently display earned credentials, but you should also ask your estimator for more information.
Cost of Solar Panels in Bend
Different solar panel types look and perform differently. Monocrystalline panels offer the best energy production but cost more than other options and generally have the highest quality. Polycrystalline panels produce less power, but start at a more budget-friendly price point. Thin-film panels work well for small projects like RVs and sheds, but they're not ideal for larger installations due to their low performance.
You can also add battery backups and electric vehicle (EV) chargers. These will increase your total installation cost, but they can increase your solar system's efficiency. Not every solar company offers these optional components, so look for a provider that sells them if it's important for you.
You can plan to spend about $17,500 on average for a five-kilowatt solar energy system in Bend. Use the table in this section to get an idea of what amount Bend solar companies might quote for your specific solar system's price.
Solar Panel Cost | Average Cost |
---|---|
Solar Monocrystalline | $1,197 |
Solar Polycrystalline | $933 |
Thin-Film | $546 |
Solar Battery | $766 |
Solar Home EV Charger | $2,872 |
Financing Solar Energy in Bend
There are a plethora of ways to pay for new solar panels, and the right one will reduce your expenses. A few of the most common options include power purchase agreements (PPAs), cash payments, loans, and leases. Though it requires a large up-front payment, cash is the most cost-effective choice because it doesn't accrue interest and qualifies you for incentives. Solar loans are the next best option. As with a car loan or mortgage, you'll pay a monthly rate towards system ownership, including interest. You can still apply for cost-saving solar incentives, and depending on your lender, you could put as little as $0 down. Solar leases involve paying a set monthly rate to use rooftop panels. A PPA (Power Purchase Agreement) allows you to pay a monthly rate determined by the energy you use, as with an electric bill. We usually don’t recommend these two options because you won't own the solar system and cannot use solar incentives. We suggest working with a provider that offers multiple financing options. Ask each agent about what's available, and obtain more than one estimate for the best odds of staying within your spending limits.
The table below lists the average payback periods for different capacities of solar systems in Bend.
You can claim a 26% federal solar tax credit from the IRS for new residential solar systems purchased before 2032. Additionally, local governments and utilities may have their own rebates and financing plans that could reduce your total cost even more.
Solar System Capacity | Estimated Payback period |
---|---|
1 kW | 1.8 years |
2 kW | 3.6 years |
5 kW | 8.9 years |
10 kW | 17.9 years |
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Frequently Asked Questions About Solar in Bend
How much money could I save by going solar in Bend?
How prevalent is solar energy in Bend?
Should I anticipate a property value increase after going solar?
How long does the photovoltaic installation process require?
What care do my solar panels need, and how often do they need it?
What is the average payback period for Bend solar panels?
How can I maximize my solar array's performance?
- optimize the panels' position with your solar installer
- regularly clean your solar panels
- upgrade to a more efficient inverter trim or cut down trees in the way of your panels
- use energy-efficient appliances
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