Typical home: Worth it

Solar in Lakewood, WA

With Puget Sound Energy's electricity at about 18.2¢ per kWh and 1,064 kWh of sun per kW, solar is worth it for a typical Lakewood home today: about a 13.4-year payback.

Payback, typical home
13.4 yrsWashington: 16.2 yrs
25-year net
$28,647after paying $21,830
Sun
1,064kWh per kW per year
Electricity
18.2¢1% above U.S. average

A typical Lakewood home, by the numbers

UtilityPuget Sound Energy
Electricity use863 kWh a month
Best-value system7.8 kW, about 18 panels, 8,301 kWh a year (80% of use)
Cost$21,830
First-year savings$1,514
Payback13.4 years
Exported power13¢/kWh (Puget Sound Energy)

Cash purchase, no federal credit, 3.8% yearly rate increases. Run it with your own numbers.

Solar production per kW in Lakewood

kWh per kW each month, south-facing at 20° tilt. PVWatts v8 with local typical-year weather.

Show as a table
PeriodValue
Jan39
Feb51
Mar84
Apr110
May123
Jun127
Jul145
Aug133
Sep102
Oct71
Nov43
Dec36

Homes in Lakewood

Owner-occupied homes
48%
Single-family detached
44%
Median home value
$461k
Median year built
1975
Population
62,937
Roofs suitable for solar†
80%

Census ACS 2020–2024. †Share of 14,406 buildings Google Project Sunroof rated technically suitable (2019 snapshot).

Installers working in Lakewood

Public installation records for Washington don't name installers, so we can't rank local companies here. Browse installers in Washington.

Always verify the license and get at least three quotes. Compare quotes side by side.

Questions about solar in Lakewood

Is solar worth it in Lakewood, WA?

For a typical home in Lakewood, solar is worth it at 2026 prices: a 7.8 kW system costs about $21,830 after state incentives, saves about $1,514 in year one and pays back in about 13.4 years. Enter your address for an estimate based on your roof and bill.

How much solar power does a system produce in Lakewood?

About 1,064 kWh per year for each kW of panels on a south-facing roof, based on PVWatts and local weather. That's 4% less than the Washington average. East- or west-facing roofs produce roughly 10–20% less.

Who is the electric utility in Lakewood?

Most homes in Lakewood are served by Puget Sound Energy, at about 18.2¢ per kWh on average. Some areas are served by Lakeview Light & Power, City of Tacoma.

How much do solar panels cost in Lakewood?

A fair cash price is around $2.85 per watt before incentives, so about $21,830 for a 7.8 kW system. There's no federal tax credit for homeowners who buy in 2026.

Nearby

Data: PVWatts (National Laboratory of the Rockies), EIA-861 2025 adjusted to 2026, U.S. Census ACS, LBNL Tracking the Sun, state policy research as of October 2026.