Solar Panel Cost Guide in Bloomer, WI (2024 Update)
- Bloomer Solar Installation Cost: $20,085
- 25-Year Savings: $22,627
- Payback Period: 13.9 Years
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Average Cost of Solar Panels in Bloomer
Let’s have a look at the average cost of solar in Bloomer.
The average cost of a solar panel system in Bloomer is 4 per watt.To cover the typical energy needs of the average home in Bloomer, most homeowners require a 7.4-kilowatt system. Using the figure above, a solar installation costs about $20,085, or $28,722 before the federal solar tax credit of 0 is applied.
These figures are just averages, and the cost of going solar for you will most likely differ based on factors unique to your home and what company you want to go with.Many homeowners find going solar is a sound investment. The average homeowner in Bloomer can save around $19,000 on their energy bills over 20 years.
To see your potential savings and connect with a local solar expert, click the button below.
Solar savings over time in Bloomer
| Year | Return on Investment |
|---|---|
| 1 years | $-18,981 |
| 3 years | $-16,773 |
| 5 years | $-14,564 |
| 7 years | $-12,355 |
| 9 years | $-10,147 |
| 11 years | $-7,938 |
| 13 years | $-5,730 |
| 15 years | $-3,521 |
| 17 years | $-1,313 |
| 19 years | $896 |
| 21 years | $3,104 |
| 23 years | $5,313 |
| 25 years | $7,521 |
Top Solar Installers in Bloomer
Installing solar panels on your own can be a stressful undertaking, which is why using a solar installation company is a good option for many homeowners. Solar installers provide key benefits that can help you get the most out of your investment, like warranties, monitoring and free repairs.
If you're searching for a solar installer in Bloomer, the EcoWatch team has compiled a list of our top suggestions here:
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 Bloomer
Factors that Affect Solar Panel Costs in Bloomer
For many Bloomer homeowners, the decision to go solar depends on cost. However, the range of solar installation costs can be quite wide in Bloomer, with typical prices between $20,000 to $40,000. There are numerous factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the main 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 brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Bloomer, where sunlight isn’t as abundant, efficiency can quickly pay off. Also, if you have a small roof or limited 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
Most solar installers in Bloomer have solar loans, which reduce the initial cost of installing solar.It’s a good idea to factor the interest you’ll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and the amount of time it’ll take to pay off the loan.
Solar Panel Installation Company
The solar company you select will affect your total cost to adopt solar energy. Different companies will charge different amounts for the equipment and labor.Larger national companies generally have lower costs, but some local companies keep up with them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or add-on services like electric vehicle charger installation, they might be cheaper overall.
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 | $12,330 | 14.5 years |
| 8 kW | $3.96 | $22,163 | $16,875 | 14.2 years |
| 10 kW | $3.88 | $27,160 | $21,637 | 13.9 years |
| 12 kW | $3.80 | $31,940 | $26,616 | 13.6 years |
| 14 kW | $3.72 | $36,503 | $31,812 | 13.4 years |
| 16 kW | $3.65 | $40,849 | $37,226 | 13.1 years |
| 18 kW | $3.57 | $44,977 | $42,857 | 12.8 years |
| 20 kW | $3.49 | $48,888 | $48,705 | 12.5 years |
How to Save on Solar Panels
There are many companies available in Bloomer, 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:
- Installation Process: Homeowners should make sure they understand how exactly the installation process will be carried out, as well as important factors like the project completion timeline.
- Solar Panel Brands: The kind of solar panel you need plays a role in which company you should go with, since different companies provide different panels.
- Contract: Though reading through a contract can take a lot of time, it’s important to do it fully so you can make sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Warranty: A quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
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 Bloomer, WI Solar Cost FAQs
What is the average cost of installing solar panels in Bloomer?
This is a tough question to answer precisely, because the cost depends on many 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 be more expensive if you want extra solar equipment or higher quality panels, or if you have above-average energy needs. Conversely, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
Should I lease or buy solar panels in Bloomer?
Leasing solar panels can be an appealing choice, because it commonly comes with low or $0 upfront payments. The drawback is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any tax rebates and credits and your home value won’t increase. Buying solar panels is a better way to go if you want to get the most savings.
How much can I save on energy bills after switching to solar?
It is possible to erase your electricity bills with solar panels, but for most homeowners throughout Bloomer, 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 check with a local solar installer to see how many panels can fit on your roof.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy consumption and how much sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to account for their typical energy usage.
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.