Solar Panel Cost Guide in Allouez, WI (2024 Update)
- Allouez Solar Installation Cost: $18,890
- 25-Year Savings: $22,750
- Payback Period: 13.3 Years
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Average Cost of Solar Panels in Allouez
Find out what the average cost of solar panels are in Allouez.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Allouez, the average cost of solar panels is 4 per watt.To account for the typical energy needs of the average home in Allouez, most homeowners require a 7.0-kilowatt system. Using the figure above, a solar installation costs around $18,890, or $27,013 before the federal solar tax credit of 0 is applied.
How much you pay can be higher or lower than the average in Allouez depending on several factors, such as the kind of solar panels you choose and the solar contractor you hire.Many homeowners find going solar is a sound investment. The average homeowner in Allouez can save around $19,000 on their electricity bills over 20 years.
Click the button below to get connected to a vetted solar panel company in your area for a customized estimate.
Solar savings over time in Allouez
| Year | Return on Investment |
|---|---|
| 1 years | $-17,751 |
| 3 years | $-15,474 |
| 5 years | $-13,197 |
| 7 years | $-10,920 |
| 9 years | $-8,643 |
| 11 years | $-6,365 |
| 13 years | $-4,088 |
| 15 years | $-1,811 |
| 17 years | $466 |
| 19 years | $2,743 |
| 21 years | $5,020 |
| 23 years | $7,298 |
| 25 years | $9,575 |
Top Solar Installers in Allouez
Trying to put up solar panels on your own can be a difficult project, which is why getting a solar installation company is a good option for many homeowners. Another good thing about using a reputable solar installer is that it'll usually provide warranties and free repairs, which help protect your investment.
You can get a free quote from a local solar installer on how much your investment in solar could cost for your home. Here are some near you:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
See all of the solar companies in Allouez
Factors that Affect Solar Panel Costs in Allouez
There are a number of criteria that can determine your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power production need better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,880.Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Allouez, where sunlight is relatively abundant, efficiency can quickly pay off. Plus, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a big investment. That’s why many Allouez homeowners choose to finance their solar panel systems to offset upfront costs.When estimating your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
Finally, the company you choose to install your solar panel system can influence how much it costs. Allouez’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Allouez know more about local solar incentives and can help you make good use of additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save more money in the long run.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $4.04 | $16,948 | $13,599 | 13.9 years |
| 8 kW | $3.96 | $22,163 | $18,566 | 13.6 years |
| 10 kW | $3.88 | $27,160 | $23,751 | 13.3 years |
| 12 kW | $3.80 | $31,940 | $29,153 | 13.1 years |
| 14 kW | $3.72 | $36,503 | $34,772 | 12.8 years |
| 16 kW | $3.65 | $40,849 | $40,608 | 12.5 years |
| 18 kW | $3.57 | $44,977 | $46,662 | 12.3 years |
| 20 kW | $3.49 | $48,888 | $52,933 | 12.0 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you select the right company for you, here are some tips to keep in mind:
- Contract: Although reading through a contract can take a lot of time, it’s important to do it thoroughly so you can be sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and how much efficiency they need. Even though there are many options for which type of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you ask for their list of offerings before deciding.
- Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to clarify any details you should know with your solar company, such as what permits you should secure and what the project timeline is.
- Reputation: Your solar installer should have a sound reputation as a company and have proven expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from past customers.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
EcoWatch's Allouez, WI Solar Cost FAQs
How much does it cost to install solar panels in Allouez?
This is a difficult question to answer precisely, because the cost depends on a variety of factors. Generally speaking, it costs about $19,400 for a 5-kW system and $38,800 for a 10-kW system after the ITC is applied. It will cost more if you want extra solar equipment or more efficient panels, or if you have higher-than-average energy consumption. Conversely, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
Should I lease or buy solar panels in Allouez?
Leasing solar panels can be an option if you are unable to pay upfront or secure a solar loan, but since you don’t own the system, you can’t take advantage of many solar incentives. Also your home value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.
How much can I save on power bills after switching to solar?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners throughout Allouez, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you’ll want to contact a local solar installer to see how many panels can fit on your roof.
What solar power system size is right for my home?
To figure out how many solar panels you need, you need to know how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average house will need 20 to 35 panels.
Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.