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Banks, Oregon

Solar Installation in Banks: Go Solar for $0 Down

Thinking about going solar in Banks? Quote For Solar got you covered: Learn about whether solar is worth it in Banks, savings, installation cost and get 3 quotes from our trusted partners in just days.
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Is Going Solar a Good Idea?

At Quote For Solar, we believe that going solar is the way to move forward. By going solar you contribute to creating a more sustainable future, while potentially saving thousands of dollars on your next energy bill.

Quote For Solar connects you with pre-screened solar installers in Banks and you will receive a solar quote in just days completely free of charge.

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Solar Benefits at One Glance

Continue reading this page to get an in-depth overview of why we think that solar is a good idea in Banks, but here we list you the top 4 reasons to install solar panels:

You Save Money

The cost of solar panels continues to drop and today, solar power is a very affordable source of electricity. According to our data, installing 12 kW solar panels slashes your next energy bill by up to $2,103 in Banks.

You Become Energy Independent

On average, U.S. electricity consumers experience 7 hours of power interruption per year. With solar power, you produce your own electricity and become energy independent.

Your Home Value Increases

Solar power is a good investment if you ever consider selling your property. On average, a solar system can increase your home value by 4.1%

Create a Better Future

One kWh of solar energy saves 0.846 lbs of carbon emissions. A standard 10 kWh system saves the equivalent of the weight of 49 F-150 pickup trucks throughout its lifetime.

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Are Solar Panels Worth It in Banks?

Depending on which solar installation size you install, you save anywhere between $1,402 - $3,505 on your next yearly energy bill. Our calculation takes the average electricity cost in Banks into account and compares it to the typical solar system output measured in kWh.

Check our savings table to see how much you can save:

System SizeAverage
Yearly Output
Potential
Yearly Savings
8 kW
9,790 kWh
$ 1,402
12 kW
14,685 kWh
$ 2,103
16 kW
19,580 kWh
$ 2,804
20 kW
24,475 kWh
$ 3,505
Avg. Monthly Power Production:
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How Much Do Solar Panels Cost in Banks?

In 2024, the average solar panel cost in Banks is $2.78/W. For a typical solar installation of 8kW, you can therefore expect to pay $22,240 before public incentives. Including public incentives - in 2024 the federal tax incentive is 30% - the net solar panel cost is $15,568*.

Request a quote from Quote For Solar and we match you with 3 competitive offers from pre-screened solar installers!


$20,000 $15,000 $10,000 $5,000 $0
Good price Average price Expensive price

About the diagram: The diagram shows the average price for an 8kW solar installation in Banks after the 30% federal tax incentive deduction. Get 3 free quotes from Quote For Solar and potentially save up to $2,744 compared to the average solar installation cost in Banks ("Good price").
*Forecasted electricity price development is based on historical inflation rates.


Here Are 5 Highly-Rated Solar Installers for Banks:

NameAddress
Ameristar Solar
47637 NW Cedar Canyon Rd, Banks, OR 97106
Earthwise Heating and Cooling
44979 SW Saddleback Dr, Gaston, OR 97119
Beaver Electric
669 S 1st Ave Ste 150, Hillsboro, OR 97123
MBT Systems Ltd
5562 NE, NE Clara Ln, Hillsboro, OR 97124
Aloha Pressure Washing Inc. & Roofing Co.
2795 SE Cornelius Pass Rd, Hillsboro, OR 97123
* (Be aware that these numbers represent the average solar panel cost in Banks and may be different from your home due to numerous factors such as roof size and roof angle.)

Other Reasons Why Banks is a Great Place for Solar

There are many unique features, that make Banks an excellent place for going solar.
2427

Sun Hours / Year in Banks

Banks enjoys 2427 sun hours per year, providing ample sunlight for maximizing solar energy production.

21st

National Solar Ranking

Despite being 21st in the national solar ranking, Banks still offers numerous advantages for solar energy.

53%

Price Drop / last 10 Years

Over the past decade, the cost of solar energy in Oregon has witnessed a significant drop of 53%.

3.18%

of Oregon's Electricity comes from Solar

While solar energy currently accounts for only 3.18% of Oregon's electricity production, Banks is actively working towards increasing its solar capacity.

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Frequently Asked Questions About Solar Installations in Banks

Are There Solar Incentives For Banks?

Yes, there are various country-wide and state-specific incentives for going solar. For Banks, the federal tax incentive amounts to up to 30%.

Do Solar Panels Work in Banks During Winter?

Yes, solar panels do work in Banks during winter but you will typically see less output than in the warmer months. Our partners will help you to find the right system size for the whole year.

Does Banks Have Net Metering?

Yes, Banks has net metering. That means that you will be to sell your solar power to the public grid.
On average, our customers have their solar installation completed in 6 to 8 weeks after they have been contacted by our partners.
That depends on your financial situation. Generally speaking, there are several finance options for solar panels in Banks and sometimes you can finance your solar system even without any down payment. Read our blog post for more information.
Why You Should Choose Quote For Solar

Get 3 Quotes From Reviewed Solar Installers Fast!

For homeowners wishing to install solar energy on their properties, Quote For Solar is the ideal service.

Quote For Solar offers a free and easy single inquiry format for homeowners to obtain multiple offers from local solar companies for their installation needs.

Solar Companies will compete with each other to win your business, which can increase your savings. In addition, you are assured of receiving quotes only from trustworthy and dependable partners with a proven track record.

Ready to go solar? Get your solar quotes now and receive a better deal!

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