Solar Panel Cost Guide in Campbell, WI (2023 Update)
- Campbell Solar Installation Cost: $13,486
- 25-Year Savings: $22,901
- Payback Period: 9.3 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Campbell
Find out how much it might cost to switch to solar power in Campbell.
Although the national average of solar panels is $2.66 per watt, solar panels in Campbell typically cost about 2.6. The average Campbell homeowner needs a 7.4-kilowatt system, which would cost about $13,486 with the federal tax credit, or $19,285 before the 30% tax credit is applied.
These figures are only estimates, and the cost of going solar for you will vary based on your energy needs and what company you go with. For many homeowners, the upfront cost of solar power is worth paying. On average you could be looking at about $19,000 in savings on electricity bills over 20 years.
To receive a free estimate from a highly rated solar installation company in Campbell, you can click the button below.
Solar savings over time in Campbell
| Year | Return on Investment |
|---|---|
| 1 years | $-12,031 |
| 3 years | $-9,120 |
| 5 years | $-6,209 |
| 7 years | $-3,298 |
| 9 years | $-387 |
| 11 years | $2,524 |
| 13 years | $5,435 |
| 15 years | $8,346 |
| 17 years | $11,257 |
| 19 years | $14,168 |
| 21 years | $17,079 |
| 23 years | $19,990 |
| 25 years | $22,901 |
Top Solar Installers in Campbell
Many homeowners opt for a solar panel installer since figuring out how to install solar panels by yourself can be challenging. Companies can also provide access to various kinds of the best solar panels and help you decide which one will be best for you.
If you're looking for a solar company in Campbell, the EcoWatch team has compiled a list of our top suggestions here:
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 Campbell
Factors that Affect Solar Panel Costs in Campbell
Even though the average cost of a solar system in Campbell is $13,486, your final cost may be above or below the average. There are many factors that can have a significant impact on the cost of a solar system installation. Below are some of the more important things to take into consideration.
Solar Equipment
One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more power your household uses, the larger your system will likely need to be. You can expect to spend about $2,600 per kilowatt in Campbell. There are a lot of different solar panel brands and the one you pick also changes the cost. In many cases, the brands that are more efficient tend to also cost more. Plus, the type of equipment you want to install can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on power bills over time, but they can also be a big investment. That's why many Campbell homeowners opt to finance their solar panel systems to offset upfront costs. When trying to figure out your overall cost, you should also calculate the interest you'll pay if you go with a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The solar company you hire to handle your switch to renewable energy can have an effect on your total costs. There are about 3 solar panel companies operating in Campbell, and each can charge different amounts for labor and equipment. Larger national companies typically have lower costs, but some local companies compete with them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or extra services like electric car 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 | $2.70 | $11,357 | $18,089 | 9.6 years |
| 8 kW | $2.65 | $14,851 | $24,411 | 9.5 years |
| 10 kW | $2.60 | $18,200 | $30,877 | 9.3 years |
| 12 kW | $2.55 | $21,403 | $37,489 | 9.1 years |
| 14 kW | $2.50 | $24,461 | $44,247 | 8.9 years |
| 16 kW | $2.44 | $27,373 | $51,151 | 8.7 years |
| 18 kW | $2.39 | $30,139 | $58,200 | 8.5 years |
| 20 kW | $2.34 | $32,760 | $65,394 | 8.3 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since choosing a company can be difficult, we have some tips to help you, such as:
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you go with.
- Reputation: Solar panel companies that have great reviews from their customers and that have been operating for many years in most cases offer good-quality solar panel installation and expertise.
- Contract: Look through the contract terms carefully to make sure you understand the overall cost, project completion timeline incentives and warranties.
- Warranty: A comprehensive, long-term warranty can help keep your solar system running for a long time and save you money on repairs and maintenance.
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 Campbell, WI Solar Cost FAQs
What is the average cost of installing solar panels in Campbell?
The average cost of solar panels in Campbell is about $13,000 for a 5-kW system and $26,000 for a 10-kW system before the ITC, but the actual cost will depend on stuff like the model of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in Campbell?
Leasing solar panels can be an appealing choice, as 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.
Do solar panels increase the value of your home?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Campbell is currently $135,700, so you could be looking at a value of about $5,564 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Campbell is a worthwhile investment.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy needs and how much sunlight your roof gets. You can take a 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 get between 20 and 35 panels to cover 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.