Is solar worth it in 97301 (Salem, OR)?

With an average payback period of 15.5 years and 25-year savings of $23,600, solar panels in Salem, Oregon can be worthwhile with available incentives.

How much do solar panels cost in 97301?

The average cost of a 6kW residential solar system in Salem, Oregon is $14,600 before incentives. The federal 30% Investment Tax Credit reduces this to about $10,220.

How much solar electricity does 97301 get?

Salem receives 4.38 kWh/m²/day of solar irradiance. A 6kW system in zip code 97301 produces approximately 7,674 kWh per year.

Solar Panel ROI in 97301

Salem, Oregon — Is solar worth it here? Here's what the data says.

1.6x ROI Score

15.5 yrs Payback Period

$944/yr Annual Savings

$23,600 25-Year Savings

Your savings estimate

$ /mo bill

Annual savings $944

Payback 15.5 yrs

25-yr savings $23,600

Solar Calculator for 97301 (Salem)

Adjust values to see your personalized solar ROI estimate for Salem, Oregon.

System Size

System Cost

Electricity Rate

$ /kWh

Solar Irradiance

4.38 kWh/m²/day

Based on NREL data for Salem, OR

ROI Score 1.6x

Annual Production 7,674 kWh

Annual Savings $944

Payback Period 15.5 years

25-Year Savings $23,600

After 30% ITC $10,220

Solar Data for 97301 – Salem, OR

Solar Irradiance 4.38 kWh/m²/day -11.7% vs national avg

vs Oregon Avg +0% State avg: 4.31 kWh/m²/day

Electricity Rate $0.123/kWh Oregon average rate

Annual Production 7,674 kWh 6kW system estimate

Salem receives 4.38 kWh/m²/day (11.7% below national avg). Despite $0.123/kWh electricity, the 15.5-year payback reflects regional challenges. The 30% federal ITC and state programs can significantly improve the ROI.

Solar Incentives for Salem, Oregon

★

Federal Investment Tax Credit (ITC)

Claim 30% of your system cost as a federal tax credit. On a $14,600 system, that's $4,380 back.

★

Net Metering

Most Oregon utilities offer net metering — sell excess electricity back to the grid at retail rates, accelerating your payback.

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Oregon State Programs

Check with the Oregon energy office for additional rebates, tax exemptions, and low-interest solar financing programs available in Salem.

97301 vs Oregon Average

Solar Irradiance

97301: 4.38 OR avg: 4.31

Payback Period

97301: 15.5 yrs OR avg: 16.5 yrs

Annual Savings

97301: $944 OR avg: $886

25-Year Savings

97301: $23,600 OR avg: $22,150

See the full Oregon solar guide for statewide data and incentives.

Nearby Zip Codes — Solar Comparison

97201 Portland, OR 1.6x ROI 15.6 yr payback 97206 Portland, OR 1.6x ROI 15.6 yr payback 97211 Portland, OR 1.6x ROI 15.6 yr payback 97217 Portland, OR 1.6x ROI 15.6 yr payback 97402 Eugene, OR 1.6x ROI 15.3 yr payback