Cost & Savings Breakdown
Based on $150/month electric bill in Portland
System Size
12 kW
Annual Production
14,747 kWh
Gross System Cost
$37,278
Federal Tax Credit (30%)
-$11,183
State Incentive
-$5,000
Net Cost
$21,094
Monthly Savings
$122
CO₂ Offset/yr
13,568 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$0.099/kWh
Peak Sun Hours4.2 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 Portland?
Solar in Portland, Oregon costs approximately $37,278 for a 12 kW system. After the 30% federal tax credit, your net cost is about $21,094.
What is the solar payback period in Portland?
The estimated payback period for solar in Portland is 14.4 years, based on a $150/month electric bill and local sun hours of 4.2 hrs/day.
Does Pacific Power offer net metering?
Pacific Power offers Modified Net Metering net metering. Avoided cost rate.