Best 5 Solar Companies in Portland, OR

How To Choose the Best Solar Company in Portland

The more informed your provider search is, the better your solar installation will ultimately function. Here are some important factors to remember while searching for a solar provider.

Licensing and Training

Solar companies in Oregon must be licensed and bonded according to the terms of 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 follow continuing education requirements. Installers of solar thermal systems must be either a plumbing journeyman and a licensed solar heating installer. You should also visit a company's website to learn about its private credentials. Two of the most recognized are the PV Installation Professional and Solar Heating Installer certificates, awarded by the North American Board of Certified Energy Practitioners (NABCEP). Some companies don't publish this information online, so you should also ask your estimator about them.

Cost of Solar Panels in Portland

Your solar modules' type will influence how much energy you can produce. Monocrystalline panels are among the highest quality and cost the most but perform the best. Polycrystalline panels generate less, but they're a great traditional option for low budgets. Thin-film panels are excellent for non-traditional roof shapes and cost the least, but don't work well for large residential installations.

You can also add electric vehicle (EV) chargers and battery backup systems. These will increase your total installation cost, but they can maximize your solar system's efficiency. Not all solar providers include these optional components, so look for a company that sells them if it's important for you.

If you're a resident of Portland and want 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.

Financing Solar Energy in Portland

Choosing the optimal financing plan will affect your overall solar system cost and potential savings. Common payment options include cash payments, leases, loans, and power purchase agreements. 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 second most effective option. As with a home or auto loan, 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 rent your panels for a set monthly rate, while PPAs let you pay just for the energy you use, much like an electric bill. Both options disqualify you for solar incentives and don't grant you system ownership. Solar experts generally don't recommend them, but they might be suitable in some cases. Look for contractors that offer several payment plans to find the right fit for your pocket.

The table below lists the average payback periods for different capacities of solar systems in Portland.

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 financing plans and rebates that could reduce your total cost even more.