Solar Panel Cost Guide in Dodgeville, WI (2024 Update)
- Dodgeville Solar Installation Cost: $19,761
- 25-Year Savings: $23,431
- Payback Period: 13.5 Years
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Average Cost of Solar Panels in Dodgeville
Let’s take a look at the average cost of solar panels in Dodgeville.
Although the national average of solar panels is $2.66 per watt, solar panels in Dodgeville generally cost about 4.To account for the typical energy usage of the average home in Dodgeville, most homeowners require a 7.3-kilowatt system. Using the per-watt figure above, a solar installation costs around $19,761, or $28,258 before the federal solar tax credit of 0 is applied.
Remember that the numbers above are only averages. The price you’ll end up paying for solar may vary based on your household energy consumption, the type of equipment you choose, your solar contractor and more.Many homeowners find going solar is a fruitful investment. The average homeowner in Dodgeville can save around $19,000 on their power bills over 20 years.
To receive a free estimate from a pre-vetted solar installation company in Dodgeville, you can click the button below.
Solar savings over time in Dodgeville
| Year | Return on Investment |
|---|---|
| 1 years | $-18,654 |
| 3 years | $-16,439 |
| 5 years | $-14,224 |
| 7 years | $-12,010 |
| 9 years | $-9,795 |
| 11 years | $-7,580 |
| 13 years | $-5,366 |
| 15 years | $-3,151 |
| 17 years | $-937 |
| 19 years | $1,278 |
| 21 years | $3,493 |
| 23 years | $5,707 |
| 25 years | $7,922 |
Top Solar Installers in Dodgeville
When going solar, many homeowners choose to hire a solar installer since putting up solar panels yourself can be a difficult project. Plus, if you aren’t sure what type of solar panels and equipment you may need, a solar installer can help you find the right equipment for you after a site survey and consultation.
Working with a vetted solar company can help you make the most of your investment in solar. Here are our recommendations:
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 Dodgeville
Factors that Affect Solar Panel Costs in Dodgeville
There are a number of factors that can affect your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
The size of the solar system you need for your home, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by about $3,880. The model of solar panels and equipment you get is another factor that will substantially influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Moreover, solar equipment goes beyond just the solar panels themselves. You’ll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking into a solar system that’s in your budget.
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 Dodgeville homeowners decide to finance their solar panel systems to make going solar more affordable.Although solar loans make switching to solar energy more accessible for Dodgeville homeowners, they can also raise the total you pay for your system due to interest. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar company you choose to handle your switch to green energy can have an effect on your total costs. There are about 3 solar installation companies operating in Dodgeville, and each can charge varying amounts for labor and equipment.You may see national solar installers that have lower prices due to their larger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or promotions to compete with those larger companies.
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 | $13,294 | 14.0 years |
| 8 kW | $3.96 | $22,163 | $18,160 | 13.7 years |
| 10 kW | $3.88 | $27,160 | $23,244 | 13.5 years |
| 12 kW | $3.80 | $31,940 | $28,544 | 13.2 years |
| 14 kW | $3.72 | $36,503 | $34,062 | 12.9 years |
| 16 kW | $3.65 | $40,849 | $39,797 | 12.7 years |
| 18 kW | $3.57 | $44,977 | $45,750 | 12.4 years |
| 20 kW | $3.49 | $48,888 | $51,920 | 12.1 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Installation Process: Make sure you’re aligned with the company with regard to how the installation process will go and what you need to do before your solar panels are installed, such as updating or replacing your electrical system or roof.
- Contract: Read the contract terms closely to make sure you understand how much it will cost, project timeline incentives and warranties.
- Warranty: Warranties that provide coverage for panel repairs and maintenance over a long period of time such as 25 years are the gold standard in the business, and offering that kind of warranty is one mark of a quality company.
- Reputation: Make sure your solar system installer has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like EcoWatch.
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 Dodgeville, WI Solar Cost FAQs
How much does it cost to install solar panels in Dodgeville?
The average cost of solar panels in Dodgeville is about $19,400 for a 5-kW system and $38,800 for a 10-kW system before the ITC, but the real cost will depend on stuff such as the kind of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider in addition to cost when buying solar panels?
Cost is definitely one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Is going solar worth it?
Whether or not solar panels are worth it depends on some different factors like local electricity rates and how much direct sunlight your roof gets.
How long do solar panels last in Dodgeville?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount of energy production.
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.