Solar Panel Cost Guide in Brown Deer, WI (2024 Update)
- Brown Deer Solar Installation Cost: $18,650
- 25-Year Savings: $28,276
- Payback Period: 11.4 Years
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Average Cost of Solar Panels in Brown Deer
We go over average solar pricing in Brown Deer.
The national average cost of solar panels is $2.66 per watt, but in Brown Deer it’s 4 per watt.Because a 6.9-kW system is needed to cover the energy usage of a typical home in Brown Deer, the average price of going solar will be about $18,650 after claiming the federal solar tax credit of 0.
The prices above are just estimates to give you an idea of how much a solar panel system could cost. The exact cost of going solar can vary quite a bit depending on several factors, such as what size system you need, your energy usage and what company you go with.But, once you've paid the upfront cost of installation, the ROI for most homeowners is quite rewarding, with a net average savings of about $23,000 over 20 years on power bills.
Click the button below to get connected to a vetted solar company in Brown Deer for a custom estimate.
Solar savings over time in Brown Deer
Year | Return on Investment |
---|---|
1 years | $-17,354 |
3 years | $-14,763 |
5 years | $-12,172 |
7 years | $-9,581 |
9 years | $-6,990 |
11 years | $-4,399 |
13 years | $-1,808 |
15 years | $783 |
17 years | $3,374 |
19 years | $5,965 |
21 years | $8,556 |
23 years | $11,147 |
25 years | $13,738 |
Top Solar Installers in Brown Deer
Many homeowners choose to use a solar panel company since installing solar panels yourself can be challenging. Some solar companies, particularly local ones, can help you take advantage of incentives in Brown Deer, thereby optimizing your ROI.
There are a number of licensed solar professionals that can help you install your solar system. Here are our suggestions:
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 Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Brown Deer
Factors that Affect Solar Panel Costs in Brown Deer
Cost is typically one of the most important factors for homeowners wanting to invest in solar. There are a few key factors that determine your overall cost in Brown Deer: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
When it comes to estimating the price of a solar energy system in Brown Deer, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home’s energy usage, which you can figure out by looking at past power bills. Your overall cost can increase by around $3,880 for each additional kilowatt you need.There are several different solar panel brands and the one you choose also affects the cost. Generally, the brands that offer higher efficiency tend to also cost more. Plus, the type of equipment you’re looking to install can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be financially overwhelming. Solar loans are available from most installers in Brown Deer, which can reduce, or in some cases eliminate, your upfront costs to make solar more affordable.You’ll have to consider the long-term cost of financing options, including the total interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Brown Deer is the company you get to install your solar system. As with choosing a company to build a deck or pool, for example, there are plenty of solar installers that provide a range of services for different budgets.The size of the company sometimes plays the most significant role in your costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have access to more resources and bulk 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 lower 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 | $18,679 | 11.9 years |
8 kW | $3.96 | $22,163 | $25,340 | 11.7 years |
10 kW | $3.88 | $27,160 | $32,219 | 11.4 years |
12 kW | $3.80 | $31,940 | $39,314 | 11.2 years |
14 kW | $3.72 | $36,503 | $46,627 | 11.0 years |
16 kW | $3.65 | $40,849 | $54,157 | 10.7 years |
18 kW | $3.57 | $44,977 | $61,905 | 10.5 years |
20 kW | $3.49 | $48,888 | $69,870 | 10.3 years |
How to Save on Solar Panels
There are many companies available in Brown Deer, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be difficult, so here are some tips to help you decide:
- Contract: When looking over your solar installer’s contract, ask questions about any terms you’re not sure of and make sure you understand what happens in scenarios such as a system component breaking or if the company goes out of business.
- Installation Process: When going solar, it’s essential to maintain an open line of communication with your solar company. Make sure you understand how the installation process will go and the project completion timeline.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to get the job done well. Another way you can look into your installer’s reputation is by reading reviews.
- Warranty: Companies typically offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
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 Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Brown Deer, WI Solar Cost FAQs
What is the average cost of installing solar panels in Brown Deer?
This is a tough question to answer exactly, because the cost depends on a variety of factors. Broadly 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. On the flip side, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
Is cost the most important consideration when buying solar panels?
Cost is a key factor to consider, but whether it’s the most important for you depends on why you decided to go solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to consider are the quality and durability of your solar panels.
Can solar panels eliminate my power bills?
Solar panels can potentially eliminate your electricity bills depending on where you’re located and how much sunlight your home gets. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $1,187.58 per year.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you should find out how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average household 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.