Solar Savings Calculator for Eugene, OR

Homeowners in Eugene pay an average of $118/month for electricity through Eugene Water & Electric Board (EWEB). With 3.8 peak sun hours per day, solar panels can significantly reduce your energy costs.

$118
Avg Monthly Bill
12.5¢/kWh
Electricity Rate
3.8h/day
Peak Sun Hours
$32,556
Est. 25-Year Savings

Calculate Your Savings in Eugene

Adjust Your Details for Eugene, OR

$
$50$1,000
50010,000
50¢

Your Estimated Solar Savings

System Size
8.4 kW
Panel Count
21 panels
Total System Cost
$23,940
Federal Tax Credit (30%)
-$7,182
Net Cost
$16,758
Annual Savings
$1,416
Payback Period
11.8 years
25-Year Savings
$32,556
Return on Investment
194%

* Estimates based on 3.8 peak sun hours/day in Eugene, OR, system cost of $2.85/watt, 30% federal ITC, 3% annual electricity inflation, and 0.5% annual panel degradation over 25 years. Actual results may vary.

Local Solar Details for Eugene

Utility & Permits

Utility Company
Eugene Water & Electric Board (EWEB)
Permit Cost
$350
Permit Timeline
2-4 weeks
Net Metering
full

System Estimates

Recommended Size
8.4 kW
Panel Count
21 panels
Gross Cost
$23,940
Net Cost (after credits)
$16,758

Available Incentives for Eugene, OR

Federal Solar Investment Tax Credit (ITC)

Reduces federal income tax liability by 30% of the total cost of a solar energy system, including equipment and installation.

30% of system cost

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