Solar Panel Cost Guide in Delavan, WI (Mar 2023)
- Delavan Solar Installation Cost: $13,122
- 25-Year Savings: $23,126
- Payback Period: 9.0 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Delavan
Let's take a look at the average cost of solar in Delavan.
In Delavan, solar panels cost about 2.6 per watt on average. Using this figure, a typical 7.2-kW system would cost about $13,122 before the 30% federal solar tax credit is applied.
Remember that the numbers above are only averages. The price you'll end up paying for solar will differ based on your household energy use, the type of solar system you want to get, your solar contractor and more. Even with the high upfront cost, the average Delavan homeowner can save around $19,000 on their energy bills over 20 years, which is one of the perks of solar.
To get a free quote from a highly rated solar installation company in Delavan, you can click the button below.
Solar savings over time in Delavan
| Year | Return on Investment |
|---|---|
| 1 years | $-11,672 |
| 3 years | $-8,772 |
| 5 years | $-5,872 |
| 7 years | $-2,973 |
| 9 years | $-73 |
| 11 years | $2,827 |
| 13 years | $5,727 |
| 15 years | $8,627 |
| 17 years | $11,527 |
| 19 years | $14,427 |
| 21 years | $17,327 |
| 23 years | $20,226 |
| 25 years | $23,126 |
Top Solar Installers in Delavan
Although it's possible to install solar panels yourself, it requires extra energy and expertise. Because of that, most homeowners choose to hire a solar panel installer. The payback period on an investment in solar panels will vary based on factors like your location and energy use, but going with a solar company can shorten it. Your provider will be able to help you identify incentives available in your area.
If you'd like to start using solar energy but still aren't sure which solar installer to go with, here are our recommendations for providers near you:
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 Delavan
Factors that Affect Solar Panel Costs in Delavan
There are many factors that can play into your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of adopting solar energy 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 pay around $2,600 per kilowatt in Delavan. The brand and kind of equipment you choose for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often come at a higher price 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 more savings over time. Also, if you want extra equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Delavan to be prohibitively steep, even if the investment pays off over time. Fortunately, nearly every solar installer in the area provides financing options. Solar loans substantially decrease upfront costs in most cases, but they also lead to a higher cost over time because of interest. It's wise to add 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 how long it'll take to pay back the loan.
Solar Panel Installation Company
The solar company you opt for to handle your switch to solar energy can have an effect on your total costs. There are about 3 solar panel companies in Delavan, and each can charge varying amounts for labor and equipment. The company's size can sometimes play the most considerable role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower pricing due to greater resources and better 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 down 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 | $2.70 | $11,357 | $18,827 | 9.4 years |
| 8 kW | $2.65 | $14,851 | $25,393 | 9.2 years |
| 10 kW | $2.60 | $18,200 | $32,106 | 9.0 years |
| 12 kW | $2.55 | $21,403 | $38,964 | 8.9 years |
| 14 kW | $2.50 | $24,461 | $45,967 | 8.7 years |
| 16 kW | $2.44 | $27,373 | $53,116 | 8.5 years |
| 18 kW | $2.39 | $30,139 | $60,411 | 8.3 years |
| 20 kW | $2.34 | $32,760 | $67,851 | 8.1 years |
How to Save on Solar Panels
The solar panel company you choose will be a major factor in determining not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should keep in mind, including:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for renewable 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 verify your installer's reputation is by reading reviews.
- Solar Panel Brands: Different companies will carry various brands and models of panels. If you prefer a specific brand, make sure the solar company you're considering has it.
- Warranty: A quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: Though reading through a contract can take a lot of time, it's important to do it fully so you can be sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
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 Delavan, WI Solar Cost FAQs
How much does it cost to install solar panels in Delavan?
This is a tough question to answer precisely, because the cost depends on a variety of factors. Broadly 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 be more expensive if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
Is it better to lease or buy solar panels in Delavan?
Leasing solar panels can be an attractive 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 incentives and your home value won't increase. Buying solar panels is a better way to go if you want to get the most savings.
Is it worth going solar in Delavan?
Solar panels can be a beneficial investment for many homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your energy bills are already pretty low, solar panels might not be for you.
What solar power system size is right for 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.