Solar Panel Cost Guide in Eau Claire, WI (2024 Update)
- Eau Claire Solar Installation Cost: $20,102
- 25-Year Savings: $23,188
- Payback Period: 13.7 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Eau Claire
Let’s have a look at the average cost of solar panels in Eau Claire.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Eau Claire, the average cost of solar panels is 4 per watt.To cover the typical energy needs of the average home in Eau Claire, most homeowners require a 7.4-kilowatt system. Using the per-watt figure above, a solar installation costs about $20,102, or $28,746 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 will differ based on your household energy needs, the type of solar system you want, your solar contractor and more.Many homeowners find going solar is a solid investment. The average homeowner in Eau Claire can save about $19,000 on their energy bills over 20 years.
Click the button below to get connected to a highly rated solar installer in Eau Claire for a customized quote.
Solar savings over time in Eau Claire
| Year | Return on Investment |
|---|---|
| 1 years | $-18,998 |
| 3 years | $-16,789 |
| 5 years | $-14,581 |
| 7 years | $-12,372 |
| 9 years | $-10,164 |
| 11 years | $-7,955 |
| 13 years | $-5,747 |
| 15 years | $-3,538 |
| 17 years | $-1,330 |
| 19 years | $879 |
| 21 years | $3,087 |
| 23 years | $5,296 |
| 25 years | $7,504 |
Top Solar Installers in Eau Claire
When making the switch to solar, many homeowners decide to go with a solar installation company since installing a solar system yourself can be a time-consuming project. The payback period of solar panels will vary based on factors like your roof configuration and energy needs, but working with a solar installer can shorten it. Your provider will be able to help you identify incentives available in your area.
There are several licensed solar professionals that can help you install your solar panels. 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
See all of the solar companies in Eau Claire
Factors that Affect Solar Panel Costs in Eau Claire
Though the average cost of a solar system in Eau Claire is $20,102, your actual cost may differ. There are several factors that can have a significant impact on the cost of a solar panel installation. Below are some of the more important things to consider.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. That’s why it’s crucial to accurately gauge the size of the solar energy system needed for your home by figuring out your energy needs.The type of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more over time on your electric bills. Additionally, add-on products, like solar batteries, can bump up your total well above the Eau Claire average.
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 Eau Claire, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more accessible.It’s wise to factor the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it’ll take to pay off the loan.
Solar Panel Installation Company
The remaining major cost factor you should consider is the installer you choose. Given the growing popularity of renewable energy solutions in Eau Claire, you’ll have lots of options to choose from, but each comes at varying price points for labor and equipment.Additionally, some companies in Eau Claire have more knowledge about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could help you save 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 | $4.04 | $16,948 | $12,769 | 14.3 years |
| 8 kW | $3.96 | $22,163 | $17,460 | 14.0 years |
| 10 kW | $3.88 | $27,160 | $22,369 | 13.7 years |
| 12 kW | $3.80 | $31,940 | $27,494 | 13.4 years |
| 14 kW | $3.72 | $36,503 | $32,837 | 13.2 years |
| 16 kW | $3.65 | $40,849 | $38,397 | 12.9 years |
| 18 kW | $3.57 | $44,977 | $44,174 | 12.6 years |
| 20 kW | $3.49 | $48,888 | $50,169 | 12.3 years |
How to Save on Solar Panels
Since the brand of solar panels and the installation company you choose has an impact on your costs and your system’s efficiency, production, and durability, it’s important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Warranty: If you’re concerned about the durability of your solar energy system, ensuring your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Solar Panel Brands: Different companies carry various brands and kinds of panels. If you prefer a specific brand, make sure the solar panel company you’re considering has it.
- Contract: Though reading through a contract can take a lot of time, it’s important to do it carefully so you can make sure you understand how much the equipment and services will cost and the terms of the warranty.
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, such as when the site survey will be completed and how long it will take.
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's Eau Claire, WI Solar Cost FAQs
How much does it cost to install solar panels in Eau Claire?
The average cost of solar panels in Eau Claire 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 things such as the model of solar panels you want, what size system you need and how much energy you use.
Is cost the most important thing to consider when buying solar panels?
Cost is definitely one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Can you sell solar power back to the grid in Eau Claire?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just offer you credit toward your future utility bills.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and the average daily 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.