Cost & Savings Breakdown
Based on $150/month electric bill in Corvallis
System Size
11.2 kW
Annual Production
13,394 kWh
Gross System Cost
$34,683
Federal Tax Credit (30%)
-$10,405
State Incentive
-$5,000
Net Cost
$19,278
Monthly Savings
$122
CO₂ Offset/yr
12,323 lbs
25-Year Savings Projection
Utility & Net Metering
Local UtilityPacific Power
Net Metering PolicyModified Net Metering
Compensation RateAvoided cost rate
Capacity LimitNo overall limit
Electricity Rate$0.109/kWh
Peak Sun Hours4.1 hrs/day
Available Incentives
30%
Federal ITC — Deduct 30% of your system cost from federal taxes. Available through 2032.
$5,000
Oregon State Incentive — Oregon offers a rebate of up to $5,000 through the Oregon Solar + Storage Rebate Program.
Common Questions
How much does solar cost in Corvallis?
Solar in Corvallis, Oregon costs approximately $34,683 for a 11.2 kW system. After the 30% federal tax credit, your net cost is about $19,278.
What is the solar payback period in Corvallis?
The estimated payback period for solar in Corvallis is 13.2 years, based on a $150/month electric bill and local sun hours of 4.1 hrs/day.
Does Pacific Power offer net metering?
Pacific Power offers Modified Net Metering net metering. Avoided cost rate.