How much do solar panels cost in 97214?

A standard 6kW residential solar system in 97214 (Portland, OR) costs approximately $18,300 before incentives. After the 30% federal Investment Tax Credit, the net cost is $12,810.

How much will I save with solar panels in 97214?

Homeowners in 97214 can expect to save approximately $894 per year on electricity bills with a 6kW solar system, for a total of around $22,350 over 25 years.

How long is the payback period for solar in 97214?

The estimated payback period for a 6kW solar installation in 97214 is 14.3 years after the federal tax credit. This is based on 4.15 kWh/m²/day average solar irradiance and local electricity rates of $0.123/kWh.

Solar Panel Cost in 97214

Last updated April 14, 2026 · Source: NREL and SEIA

Portland, Oregon · Long Payback

Payback 14.3 years

6kW System Cost Breakdown

Gross Installation Cost $18,300 $3.05/W installed

Federal Tax Credit (30%) −$5,490 ITC through 2032

Net Cost After Credit $12,810 Your out-of-pocket cost

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Savings & ROI for 97214

Annual Electricity Savings $894 At $0.123/kWh local rate

Annual Solar Production 7,270 kWh 4.15 kWh/m²/day irradiance

Break-Even Point 14.3 years Long Payback

25-Year Net Savings +$9,540 After total system cost

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Solar Resource in Portland

Portland (97214) receives an average of 4.15 kWh/m²/day of solar irradiance, based on latitude 45.519°N and Oregon regional weather patterns from NREL data. At the local electricity rate of $0.123/kWh, a 6kW system generates roughly $894 per year in bill savings.

Solar irradiance vs. US average (4.5 kWh/m²/day)

07.5 kWh/m²/day

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Nearby Zip Codes in Portland

97201 Portland, OR 14.3 yr payback $894/yr savings 97202 Portland, OR 14.3 yr payback $894/yr savings 97206 Portland, OR 14.3 yr payback $894/yr savings 97232 Portland, OR 14.3 yr payback $894/yr savings

How We Calculate Solar Costs for 97214

Costs are based on the average price per watt for Oregon ($3.05/W), applied to a standard 6kW residential system. Solar irradiance is derived from NREL PVWatts data for latitude 45.519°N, adjusted for local weather patterns. Electricity rate uses the Oregon EIA average of $0.123/kWh.

The 30% federal Investment Tax Credit (ITC) applies as a credit against your federal income tax liability. Many states offer additional credits; check your state's energy office for local incentives.