Solar Panel Cost Guide in Edgerton, WI (2024 Update)
- Edgerton Solar Installation Cost: $19,715
- 25-Year Savings: $21,104
- Payback Period: 14.4 Years
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Average Cost of Solar Panels in Edgerton
See how much it might cost to make the switch to solar in Edgerton.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Edgerton, the average cost of a solar system is 4 per watt.Because a 7.3-kW system is needed to cover the energy needs of a typical home in Edgerton, the average price of going solar will be about $19,715 after claiming the federal solar tax credit of 0.
The true cost of your system can be higher or lower than the average in Edgerton based on a few factors, such as the brand of solar panels you choose and the solar installer you hire.For most homeowners, the upfront cost of solar is worth paying. On average homeowners in Edgerton see about $18,000 in savings on energy bills over 20 years.
To get a free quote from a vetted solar company in Edgerton, you can click the button below.
Solar savings over time in Edgerton
| Year | Return on Investment |
|---|---|
| 1 years | $-18,608 |
| 3 years | $-16,393 |
| 5 years | $-14,179 |
| 7 years | $-11,964 |
| 9 years | $-9,749 |
| 11 years | $-7,535 |
| 13 years | $-5,320 |
| 15 years | $-3,106 |
| 17 years | $-891 |
| 19 years | $1,324 |
| 21 years | $3,538 |
| 23 years | $5,753 |
| 25 years | $7,968 |
Top Solar Installers in Edgerton
When going solar, many homeowners prefer to go with a solar installation company since handling can be a time-consuming project. Local solar installation companies can also help you maximize your return on investment by walking you through any local incentives and by providing warranties and repairs.
If you're on the hunt for a solar company in Edgerton, we've put together a list of our top suggestions here:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 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 Edgerton
Factors that Affect Solar Panel Costs in Edgerton
Cost is often one of the most important factors for homeowners who want to invest in solar. There are a few key factors that affect your total cost in Edgerton: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a variety of factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power production need better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,880.The solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more in the long run on your power bills. Additionally, add-on products, such as solar batteries, can bump up your total well above the Edgerton average.
Solar Financing Terms
Most solar installers in Edgerton have solar loans, which reduce your upfront costs of installing solar.Although solar loans make going solar more accessible for Edgerton homeowners, they can also increase 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
A final consideration when trying to evaluate the cost of solar for your home or business in Edgerton is the company you choose to install your solar panel system. As with choosing a company to build a deck or pool, for instance, there are plenty of solar installers that provide a range of services for different budgets.The company’s size sometimes plays the most significant role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower prices because they have access to more resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger 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 | $11,416 | 14.9 years |
| 8 kW | $3.96 | $22,163 | $15,656 | 14.7 years |
| 10 kW | $3.88 | $27,160 | $20,113 | 14.4 years |
| 12 kW | $3.80 | $31,940 | $24,787 | 14.1 years |
| 14 kW | $3.72 | $36,503 | $29,679 | 13.8 years |
| 16 kW | $3.65 | $40,849 | $34,788 | 13.5 years |
| 18 kW | $3.57 | $44,977 | $40,114 | 13.2 years |
| 20 kW | $3.49 | $48,888 | $45,658 | 12.9 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you select the right company for you, here are some tips to keep in mind:
- Installation Process: Make sure you’re aligned with the installer regarding how the installation process will go and what you need to do before your solar panel system is installed, such as repairing your electrical system or roof.
- Warranty: A comprehensive, long-term warranty can help keep your solar system running for years to come and save you money on part replacement and repairs.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to do the job well. Another way you can research your installer’s reputation is by reading reviews.
- Contract: It’s important to look over your solar installer’s contract closely to understand what services they will provide, what the warranty covers and what expectations you should have about the installation process.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 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 Edgerton, WI Solar Cost FAQs
What is the average cost of installing solar panels in Edgerton?
The average cost of solar panels in Edgerton is about $19,400 for a 5-kW system and $38,800 for a 10-kW system before the ITC, but the actual cost will depend on certain factors like the model of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider other than 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.
How much can I save on electricity bills after switching to solar?
Solar panels can potentially eliminate your electricity bills depending on your location and how much sunlight your home gets. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $945.46 per year.
How long do solar panels last in Edgerton?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can replace them after having them for that long or you can continue to use them at a lower efficiency.
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.