Solar Savings Calculator for Portland, OR

Homeowners in Portland pay an average of $128/month for electricity through Portland General Electric (PGE). With 3.7 peak sun hours per day, solar panels can significantly reduce your energy costs.

$128
Avg Monthly Bill
13.8¢/kWh
Electricity Rate
3.7h/day
Peak Sun Hours
$36,735
Est. 25-Year Savings

Calculate Your Savings in Portland

Adjust Your Details for Portland, 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
$1,536
Payback Period
10.9 years
25-Year Savings
$36,735
Return on Investment
219%

* Estimates based on 3.7 peak sun hours/day in Portland, 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 Portland

Utility & Permits

Utility Company
Portland General Electric (PGE)
Permit Cost
$400
Permit Timeline
3-6 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 Portland, 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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