Solar Panel Cost Guide in Bayside, WI (2023 Update)
- Bayside Solar Installation Cost: $12,507
- 25-Year Savings: $28,266
- Payback Period: 7.7 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Bayside
Find out what the average cost of a solar system is in Bayside.
Although the national average of solar panels is $2.66 per watt, solar panels in Bayside typically cost about 2.6. The average solar panel system size in Bayside is around 6.9 kilowatts, meaning a cost of about $12,503 for a solar installation, or $17,879 before the 30% federal solar tax credit is applied.
These figures are just estimates, and the cost of going solar for you will differ based on your energy needs and what company you want to go with. Many homeowners find adopting solar power is a fruitful investment. The average homeowner in Bayside can save about $23,000 on their power bills over 20 years.
You can click the button below to get connected with a vetted solar installer in Bayside that can help you get a more accurate cost estimate for your home.
Solar savings over time in Bayside
| Year | Return on Investment |
|---|---|
| 1 years | $-11,211 |
| 3 years | $-8,620 |
| 5 years | $-6,029 |
| 7 years | $-3,438 |
| 9 years | $-848 |
| 11 years | $1,743 |
| 13 years | $4,334 |
| 15 years | $6,925 |
| 17 years | $9,516 |
| 19 years | $12,107 |
| 21 years | $14,698 |
| 23 years | $17,289 |
| 25 years | $19,880 |
Top Solar Installers in Bayside
Many homeowners opt for a solar installation company since installing solar panels yourself can be challenging. A solar installer can also help save you money over the lifespan of your system by providing warranties, repairs and component replacements.
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 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 Bayside
Factors that Affect Solar Panel Costs in Bayside
For many Bayside homeowners, the decision to adopt solar energy rests on cost. However, the range of solar installation costs can be quite wide in Bayside, with typical prices between $20,000 to $40,000. There are various factors that considerably influence the price you'll pay, which we'll go over below.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. That's why it's important to accurately ascertain 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 choose for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have limited roof space or just want maximum energy production, you will be looking at 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 increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Bayside to be too expensive, even if the investment pays off over time. Thankfully, almost every solar company in the area provides financing options. Solar loans remarkably decrease upfront costs for most homeowners, but they also result in a higher cost over time due to interest. It's wise to include the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it'll take to pay off the loan.
Solar Panel Installation Company
The last key cost factor you should keep in mind is the installer you choose. Given the booming popularity of renewable energy solutions in Bayside, you'll have lots of options to choose from, but each comes at varying price points for labor and equipment. You may see national solar installers that have lower prices due to their larger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or promotions to compete with those larger companies.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $2.70 | $11,357 | $24,243 | 8.0 years |
| 8 kW | $2.65 | $14,851 | $32,615 | 7.8 years |
| 10 kW | $2.60 | $18,200 | $41,133 | 7.7 years |
| 12 kW | $2.55 | $21,403 | $49,796 | 7.5 years |
| 14 kW | $2.50 | $24,461 | $58,605 | 7.4 years |
| 16 kW | $2.44 | $27,373 | $67,559 | 7.2 years |
| 18 kW | $2.39 | $30,139 | $76,659 | 7.1 years |
| 20 kW | $2.34 | $32,760 | $85,905 | 6.9 years |
How to Save on Solar Panels
There are a large number of companies to choose from in Bayside, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be challenging, so here are some tips to help you decide:
- Reputation: Your solar installer should have a solid reputation as a company and have demonstrated expertise in the field. Two 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 satisfied reviews from past customers.
- Warranty: A quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, durability and efficiency. They will come at different price points as well. The company you choose has an impact on which solar panel brands you have access to.
- Contract: It's important to read your solar installer's contract fully to understand what services they will provide, what the warranty covers and what you can expect about the cost.
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 Bayside, WI Solar Cost FAQs
What is the average cost of installing solar panels in Bayside?
This is a hard question to answer precisely, because the cost depends on a few different factors. Generally speaking, it costs about $13,000 for a 5-kW system and $26,000 for a 10-kW system after the ITC is applied. It will cost more if you want other solar equipment or higher quality panels, or if you have above-average energy usage. On the flip side, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
Are solar panels free in Bayside?
You can't get solar panels for free in Bayside. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
Does Bayside have a net metering program?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just give you credit toward your future energy bills.
How long do solar panels last in Bayside?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount of energy production.
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.