Solar is Powering Hillsboro
The city of Hillsboro along with the state of Oregon as a whole is committed to transitioning to renewable energy sources, with a focus on solar power. Hillsboro residents can help achieve this goal by installing solar energy systems at their homes, which has the triple benefit of saving the environment, reducing monthly electricity bills, and increasing home equity. At Power Northwest, we are here to help you along your solar journey.
Helping Hillsboro Get Maximum Solar Savings and Value
Along with guiding you through the design, permitting, and installation processes of solar energy, we also help our customers find and take advantage of all applicable solar incentives to keep your upfront costs as low as possible, maximizing your benefits and providing the most value possible.
How Much Do Solar Panels Cost in Hillsboro in 2024?
The average cost of solar panels in Hillsboro is currently $3.50 per watt – much lower than the national average of $4.00 per watt. At this average price, a typical 9 kW home energy system would cost around $16,500 before incentives are applied. Keep in mind that incentives can reduce this upfront cost by several thousands of dollars, as we’ll cover more later.
Become Your Own Renewable Power Plant
Sadly, over 60% of the nation’s energy still comes from burning non-sustainable fossil fuels like coal, oil, and natural gas. However, with a solar energy system at your home, you can essentially become your own miniature renewable power plant and dramatically reduce your dependence on fossil fuels and your carbon footprint. As an added bonus, you will benefit financially as well through much lower monthly energy bills and added home value.
Power Northwest’s Custom Design and Proposal
At Power Northwest, we have an entire team that specializes in custom solar energy system designs. We are always up to date on the most cutting edge solar technology and design techniques to bring you the best possible project proposal. We take into account the location of your home and your energy consumption to draft a suitably sized system specifically for you.
Solar Incentives in Hillsboro
Here are three of the biggest solar incentives that can drastically lower your upfront solar energy costs:
- Federal Investment Tax Credit for Solar – This federal incentive allows you to deduct 26% of the total cost of installing your new solar energy system from your federal tax liability amount – a huge incentive!
- Local and Municipal Utility Rebates – Several utility companies offer instant cash rebates to homeowners who install solar energy systems, sometimes up to $0.50 per watt, which for a 5 kW system equates to $2,500 cash.
- Net Energy Metering – With net energy metering, your utility company will install a special two-way electricity meter at your home, and you can essentially store the excess power that your panels produce to the grid in exchange for credits on your utility account. These credits can be used against later months’ bills to keep costs low all year.
Is Solar Worth It in Hillsboro?
Solar is absolutely worth it in Hillsboro. In fact, the average homeowner enjoys a 25-year savings of over $20,000! With the cost of solar equipment dropping precipitously over the last decade and the introduction of new solar incentives, the price of adding solar to your home has never been so low. On average, Hillsboro solar energy systems pay themselves off in 10-12 years, so you can recoup your entire investment and then continue to reap the benefits of free energy for many years to come.