Solar Panel Cost Guide in Delafield, WI (2023 Update)
- Delafield Solar Installation Cost: $13,148
- 25-Year Savings: $26,510
- Payback Period: 8.3 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Delafield
Let's have a look at the average cost of solar in Delafield.
Although the national average of solar panels is $2.66 per watt, solar panels in Delafield typically cost about 2.6. To account for the typical energy needs of the average home in Delafield, most homeowners require a 7.2-kilowatt system. Using the figure above, a solar installation costs around $13,140, or $18,790 before the federal solar tax credit of 30% is applied.
The true cost of your system can go higher or lower than the average in Delafield based on a variety of factors, such as the model of solar panels you choose and the solar installer you hire. For many homeowners, the upfront cost of solar is worth paying. On average homeowners in Delafield see about $21,000 in savings on utility bills over 20 years.
You can click the button below to get connected with a vetted solar installer in Delafield that can help you get a more accurate cost estimate for your home.
Solar savings over time in Delafield
| Year | Return on Investment |
|---|---|
| 1 years | $-13,016 |
| 3 years | $-12,752 |
| 5 years | $-12,487 |
| 7 years | $-12,223 |
| 9 years | $-11,958 |
| 11 years | $-11,694 |
| 13 years | $-11,430 |
| 15 years | $-11,165 |
| 17 years | $-10,901 |
| 19 years | $-10,637 |
| 21 years | $-10,372 |
| 23 years | $-10,108 |
| 25 years | $-9,843 |
Top Solar Installers in Delafield
When making the switch to solar, many homeowners prefer to use a solar company since installing a solar system yourself can be a difficult project. Also, companies with an outstanding reputation that are more expensive upfront could actually save you money in the long run due to their warranties, repair services and expert design.
If you'd like to go solar but still aren't certain which solar system company to go with, here are our suggestions for providers in Delafield:
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 Delafield
Factors that Affect Solar Panel Costs in Delafield
Cost is usually one of the most important factors for homeowners considering investing in solar. There are a few major factors that affect your total cost in Delafield: 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 system in Delafield, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home's energy consumption, which you can determine by looking at past energy bills. Your overall cost can increase by about $2,600 for each additional kilowatt you need. Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Delafield, where sunlight is relatively abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar installers in Delafield have solar loans, which reduce the initial cost of installing solar panels. When estimating your overall cost, you should also calculate the interest you'll pay if you decide on a solar loan. Also, paying more upfront can lower 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 Delafield is the company you get to install your solar panel system. Similar to choosing a company to install new cabinets, for example, there are plenty of solar installers that provide a range of services at different costs. Additionally, some companies in Delafield have more knowledge about local solar incentives and can help you make good use of additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you more money in the long run.
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 | $21,581 | 8.6 years |
| 8 kW | $2.65 | $14,851 | $29,065 | 8.5 years |
| 10 kW | $2.60 | $18,200 | $36,696 | 8.3 years |
| 12 kW | $2.55 | $21,403 | $44,472 | 8.1 years |
| 14 kW | $2.50 | $24,461 | $52,393 | 8.0 years |
| 16 kW | $2.44 | $27,373 | $60,460 | 7.8 years |
| 18 kW | $2.39 | $30,139 | $68,673 | 7.6 years |
| 20 kW | $2.34 | $32,760 | $77,031 | 7.5 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because selecting a company can be a tough decision, we have some tips to help you, such as:
- Reputation: Companies that have been in business for many years likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Solar Panel Brands: The model of solar panel you'd like to get plays a part in which installer you should choose, since different companies have different panels.
- Warranty: Each company may offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Contract: Even though reading through a contract can be tedious, it's important to do it carefully so you can be sure you understand how much the equipment and services will cost and the terms of the warranty.
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 Delafield, WI Solar Cost FAQs
How much does it cost to install solar panels in Delafield?
The average cost of solar panels in Delafield 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 certain factors such as the kind of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Delafield?
Leasing solar panels can be an appealing choice, because it often 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 incentives and your home value won't increase. Buying solar panels is a better option if you want to get the most savings.
Is it worth going solar in Delafield?
Whether or not solar panels are worth it depends on some different factors like how much you pay for electricity and how much direct sunlight your roof gets.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy usage 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 install 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.