Solar Savings Calculator for Medford, OR
Homeowners in Medford pay an average of $120/month for electricity through Pacific Power. With 4.3 peak sun hours per day, solar panels can significantly reduce your energy costs.
$120
Avg Monthly Bill
13¢/kWh
Electricity Rate
4.3h/day
Peak Sun Hours
$35,786
Est. 25-Year Savings
Calculate Your Savings in Medford
Adjust Your Details for Medford, OR
$
$50$1,000
50010,000
5¢50¢
Your Estimated Solar Savings
System Size
7.2 kW
Panel Count
18 panels
Total System Cost
$20,520
Federal Tax Credit (30%)
-$6,156
Net Cost
$14,364
Annual Savings
$1,440
Payback Period
10 years
25-Year Savings
$35,786
Return on Investment
249%
* Estimates based on 4.3 peak sun hours/day in Medford, 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 Medford
Utility & Permits
- Utility Company
- Pacific Power
- Permit Cost
- $300
- Permit Timeline
- 2-3 weeks
- Net Metering
- full
System Estimates
- Recommended Size
- 7.2 kW
- Panel Count
- 18 panels
- Gross Cost
- $20,520
- Net Cost (after credits)
- $14,364
Available Incentives for Medford, 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.
Other Cities in Oregon
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