Solar Panel Cost Guide in Ashland, WI (2025 Update)
- Ashland Solar Installation Cost: $20,653
- 25-Year Savings: $28,152
- Payback Period: 12.3 Years
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Average Cost of Solar Panels in Ashland
Let’s take a look at the average cost of solar in Ashland.
Although the national average of solar panels is $2.66 per watt, solar panels in Ashland typically cost about 4.To cover the typical energy usage of the average home in Ashland, most homeowners require a 7.6-kilowatt system. Using the figure above, a solar installation costs around $20,653, or $29,534 before the federal solar tax credit of 0 is applied.
Remember that the numbers above are only averages. The price you’ll end up paying for solar may look quite different based on your household energy use, the type of solar system you choose, your solar contractor and more.Despite the significant initial cost, the average Ashland homeowner can save about $21,000 on their electricity bills over 20 years, which is one of the perks of solar.
You can click the button below to get connected with a top solar installer in Ashland for a quote for your home.
Solar savings over time in Ashland
| Year | Return on Investment |
|---|---|
| 1 years | $-19,548 |
| 3 years | $-17,340 |
| 5 years | $-15,131 |
| 7 years | $-12,923 |
| 9 years | $-10,714 |
| 11 years | $-8,506 |
| 13 years | $-6,297 |
| 15 years | $-4,089 |
| 17 years | $-1,880 |
| 19 years | $328 |
| 21 years | $2,537 |
| 23 years | $4,745 |
| 25 years | $6,954 |
Top Solar Installers in Ashland
When making the switch to solar, many homeowners prefer to use a solar company since installing solar panels yourself can be a time-consuming project. Local solar installation companies can also help you optimize your return on investment by assisting with any local incentives and by offering warranties and repairs.
There are a number of licensed solar professionals that can install solar panels for you. Here are our suggestions:
See all of the solar companies in Ashland
Factors that Affect Solar Panel Costs in Ashland
For many Ashland homeowners, the decision to install a solar energy system comes down to cost. However, the range of solar installation costs can be quite wide in Ashland, with typical prices between $20,000 to $40,000. There are a number of factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. For that reason, it’s important to accurately assess the size of the solar energy system needed for your home by figuring out your typical energy use.The brand and kind of equipment you get for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want extra equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Most solar installers in Ashland provide solar loans, which reduce your upfront costs of installing a solar system.When considering your overall cost, you should also calculate the interest you’ll pay if you choose to go with a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Ashland is the company you choose to install your solar system. Similar to choosing a company to install new cabinets, for instance, you’ll have no shortage of solar installers that provide a range of services for different budgets.The company’s size can sometimes play the most significant role in your costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have more resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing down to compete with bigger names.
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 | $16,185 | 12.8 years |
| 8 kW | $3.96 | $22,163 | $22,015 | 12.5 years |
| 10 kW | $3.88 | $27,160 | $28,062 | 12.3 years |
| 12 kW | $3.80 | $31,940 | $34,326 | 12.0 years |
| 14 kW | $3.72 | $36,503 | $40,808 | 11.8 years |
| 16 kW | $3.65 | $40,849 | $47,507 | 11.6 years |
| 18 kW | $3.57 | $44,977 | $54,423 | 11.3 years |
| 20 kW | $3.49 | $48,888 | $61,556 | 11.1 years |
How to Save on Solar Panels
There are many companies available in Ashland, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, so here are some tips to help you decide:
- Solar Panel Brands: Different companies will carry various brands and models of panels. If you want a specific brand, make sure the solar installer you’re considering has it.
- Reputation: Your solar installer should have a good reputation as a company and have demonstrated expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from past customers.
- Contract: Even though reading through a contract can take a lot of time, it’s important to do it fully so you can be sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Warranty: A comprehensive, 25-year warranty can help keep your solar panels running smoothly and save you money on repairs and maintenance.
EcoWatch's Ashland, WI Solar Cost FAQs
What is the average cost of installing solar panels in Ashland?
The average cost of solar panels in Ashland is about $19,400 for a 5-kW system and $38,800 for a 10-kW system before the ITC, but the actual cost will depend on certain factors such as the type of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider apart from cost when buying solar panels?
The initial cost is a very important factor to consider, but whether it’s the most important for you depends on why you decided to go solar. In areas where rooftop space is limited, efficiency can trump the cost. Other factors that are important to think about are the quality and durability of your solar panels.
Can solar panels eliminate my electricity bills?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners in Ashland, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you’ll want to contact a local solar installer to see how many panels can fit on your roof.
How long do solar panels last in Ashland?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is how much energy they produce will have decreased significantly after that point. You can opt to replace them once you've had them for that long or you can keep using them at a lower efficiency.
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.