Installing Solar in Lake Oswego
The state of Oregon has some of the best solar incentives in the nation, making Lake Oswego one of the top places to invest in solar energy. At Power Northwest, we provide excellent service and high-quality products to bring you the best possible solar experience.
How Solar Panels Work?
Solar panels are mounted on a south-facing angle on either the roof of a home or business, on a parking structure, or a ground mount rack. When photons from the sun’s rays hit the panels, electrons are knocked loose within, creating an electrical charge. The charge then flows through an inverter which changes the electricity from direct current to alternating current, which can then power items within the household or business.
Advantages and Disadvantages of Solar Power in Lake Oswego
There are many advantages of solar power, including the fact that it’s a renewable energy source that produces no greenhouse gases and can significantly lower your carbon footprint. It can also save you thousands of dollars on your energy bills, increase your home’s value, and, with the addition of a battery backup system, it can provide power even during a grid outage.
The only disadvantage to solar is that it is a significant investment upfront. However, in the last decade especially, prices have dropped dramatically as technology and manufacturing techniques are streamlined. Plus, it’s easier than ever to obtain financing for a solar energy system and there are many different solar incentives available that help offset the initial cost.
Solar for Homes
Solar energy can greatly benefit homeowners. It can cut electricity bills significantly and when you add accessories such as battery backup systems or even electric vehicle charging stations to take full advantage of your at-home green power source.
What is the Payback Period?
In Lake Oswego, the average payback period for solar energy systems is 10-12 years. Since solar panels can last as long as 25 years, that’s another 15 years that you will enjoy free or low-cost energy after recouping your initial investment.
2024 Lake Oswego Solar Incentives
There are many different solar incentives available in Lake Oswego, on federal, state, and local levels. These incentives can cut the upfront costs of a solar energy system by thousands of dollars, and you can save and even earn money throughout the lifespan of your solar energy system.
- 26% Federal Solar Investment Tax Credit
- Energy Trust of Oregon Solar Incentives
- Portland General Electric Solar Program
- Pacific Power Solar Incentive Program
- Solar Within Reach Solar Incentive for Qualified Incomes
- ODOE Solar Rebate for Battery Backup Systems
- Net Energy Metering
- USDA REAP Grant
Read More: All Oregon Solar Incentives
Lake Oswego Solar FAQs
The installation of solar panels on your roof will not cause leaks, as long as you hire a qualified solar installer (like our experts here at Power Northwest) to take care of the installation process. We will install flashing around the bolts in your roof to prevent any leaks and take care to avoid any structural damage. There are also installation options that do not require any holes to be drilled at all!
It certainly can! On average, homebuyers across the United States have been willing to pay $15,000 more for a home with a solar array than they would for a comparable home without solar. Plus, a solar array can help your home sell faster as well.
This depends on how much energy your household or business consumes, how much roof/mounting space you have available, and the efficiency of the panels that you choose. An average home solar energy system is about 5 kW, which will include between 15 and 20 solar panels. Business solar energy systems vary dramatically in size, depending on the energy needs. Get a free estimate to learn the exact number!
Is Solar Worth It In Lake Oswego? Find Out!
Our goal at Power Northwest is to make solar power affordable and accessible to all, to serve our Lake Oswego community, and protect the environment at large. If you are interested in adding a solar energy system to your home or business, contact us today for a free consultation and project quote!