Benefits of Solar Energy
Solar energy comes with multiple benefits. Let's look at a few of them.
- Reduced carbon footprint: Utilizing solar is a surefire way to lower your carbon footprint and home fossil fuel dependency.
- Better energy independence: Solar panel systems can keep your home running through blackouts and emergencies, giving you additional security. You can use your solar energy anytime with an optional battery backup system.
- Lower utility costs: Sourcing some or all of your own power will spend less on electricity long-term. Plus, some states offer net metering programs that allow you to sell your extra energy back to the grid, generating extra credits toward your energy bill.
What Solar Incentives Are Available to Keizer Homeowners?
Oregon's public agencies and power companies offer multiple solar incentives to help minimize your solar system costs. Below is a breakdown of applicable 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: Rebate Program
Website: portlandgeneral.comIncentive Amount:
Heat Pump Instant Discount: $200
Efficient Heat Pumps: $700
Heat Pump Controls: $250
Ductless Heat Pump: $800
Smart Thermostat: $50-$100
Heat Pump Water Heaters: $500 (special pricing available at certain retailers as well)
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: salemelectric.comIncentive Amount:
$300/kW
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 Keizer
The more informed your provider search is, the better your solar panels will ultimately function. Make your choice based on the following important considerations.
Licensing and Training
Solar contractors in Oregon must be licensed and bonded by the Oregon Construction Contractors Board. For photovoltaic installations, each standard journeyman on the job will have at least 8,000 hours of hands-on experience and must keep up with continuing education requirements. Installers of solar thermal systems must be either a plumbing journeyman and a licensed solar heating installer. Solar providers can also obtain certificates from standards organizations and trade groups. The top ones in the industry come from the North American Board of Certified Energy Practitioners. Most company websites will prominently display earned credentials, but you should also ask your estimator for more information.
Cost of Solar Panels in Keizer
The kind of solar panels you purchase determines how much energy you can produce. Monocrystalline panels and high-quality and give you the best performance but cost more upfront. Polycrystalline panels produce less power, but they're worth it if you want a traditional panel style without the high cost. Thin-film panels aren't the best for large residential installations, but they are excellent accessories for non-traditional roofs.
Additional accessories, such as electric vehicle (EV) chargers and battery storage, will raise your overall installation costs. However, they might make your solar system more efficient and convenient to use. Not all solar companies provide these optional components, so look for a company that installs them if it's important for you.
If you're a resident of Keizer and are looking into a five-kilowatt solar energy system, you could plan to spend about $17,500 for materials and labor. Find more information on specific component and solar panel costs in the table.
Solar Panel Cost | Average Cost |
---|---|
Solar Monocrystalline | $1,283 |
Solar Polycrystalline | $1,001 |
Thin-Film | $585 |
Solar Battery | $821 |
Solar Home EV Charger | $3,080 |
Financing Solar Energy in Keizer
Choosing the ideal financing plan will affect your overall solar system cost and expected savings. Common payment options include cash payments, power purchase agreements, leases, and loans. Though it involves a large up-front payment, cash is the most affordable choice because it doesn't accrue interest and qualifies you for incentives. Solar loans are the runner-up 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 allow you to pay a monthly fee to rent your panels, while a power purchase agreement lets you pay a fluctuating rate based on only the energy you use. We generally don't recommend these options since you will not have ownership of your system and are disqualified from solar incentives, but they might be suitable in particular circumstances. Look for providers that offer multiple payment plans to find the right fit for your financial needs.
The table below lists the average payback periods for different capacities of solar systems in Keizer.
You are eligible for a 26% federal solar tax credit for new solar energy equipment until the year 2032. Local and state governments and utility companies might also offer discounts, rebates, and unique financing solutions that could save you 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 Keizer
How much energy and money could I save per year by switching to solar?
Is solar energy widely available in Keizer?
Should I expect a boost in my property value after going solar?
What if I live in a rainy or heavily-wooded
How do I care for my new solar system?
What is the average payback period for Keizer solar panels?
How can I boost my solar system'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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