Solar Panel Cost Guide in Fulton, WI (2024 Update)
- Fulton Solar Installation Cost: $19,674
- 25-Year Savings: $22,548
- Payback Period: 13.8 Years
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Average Cost of Solar Panels in Fulton
Find out what the average cost of a solar system is in Fulton.
The national average cost of solar panels is $2.66 per watt, but in Fulton it’s 4 per watt.The average Fulton homeowner needs a 7.2-kilowatt system, which would cost about $19,674 with the federal tax credit, or $28,134 before the 0 tax credit is applied.
How much you pay can go above or below the average in Fulton based on a few factors, such as the type of solar panels you choose and the solar installer you hire.But, once you've paid the initial cost of installation, the payback for most homeowners is typically rewarding, with a net average savings of about $19,000 over 20 years on energy bills.
Click the button below to get connected to a reputable solar company in your area for a personalized estimate.
Solar savings over time in Fulton
| Year | Return on Investment |
|---|---|
| 1 years | $-18,520 |
| 3 years | $-16,211 |
| 5 years | $-13,903 |
| 7 years | $-11,594 |
| 9 years | $-9,285 |
| 11 years | $-6,976 |
| 13 years | $-4,668 |
| 15 years | $-2,359 |
| 17 years | $-50 |
| 19 years | $2,258 |
| 21 years | $4,567 |
| 23 years | $6,876 |
| 25 years | $9,185 |
Top Solar Installers in Fulton
Although you can install solar panels on your own, it takes extra energy and knowledge. That's one of the reasons most homeowners choose to go with a solar panel installer. Another great thing about going with a reliable solar installer is that it'll usually provide warranties and free repairs, which help protect your solar system over time.
There are a number of licensed solar professionals that can install solar panels for you. 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
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 Fulton
Factors that Affect Solar Panel Costs in Fulton
The cost of installing a solar system in Fulton can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The biggest one is your system size, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. That’s why it’s crucial to accurately ascertain the size of the solar energy system needed for your home by figuring out your average energy use.There are many different solar panel brands and the one you choose also changes the cost. Generally speaking, the brands that offer higher efficiency tend to also cost more. Additionally, the type of equipment you choose can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar installers in Fulton provide solar loans, which reduce your upfront costs of installing a solar system.However, the interest on solar loans also adds to your overall costs, so it’s important to take that into consideration as well. You can always reduce the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
Lastly, the company you choose to install your solar panel system can impact the cost. Fulton’s solar companies all have different labor costs and add varying upcharges to equipment. The size of the company sometimes plays the most considerable role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because of greater resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion 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 | $4.04 | $16,948 | $12,648 | 14.3 years |
| 8 kW | $3.96 | $22,163 | $17,299 | 14.0 years |
| 10 kW | $3.88 | $27,160 | $22,167 | 13.8 years |
| 12 kW | $3.80 | $31,940 | $27,252 | 13.5 years |
| 14 kW | $3.72 | $36,503 | $32,555 | 13.2 years |
| 16 kW | $3.65 | $40,849 | $38,075 | 12.9 years |
| 18 kW | $3.57 | $44,977 | $43,812 | 12.7 years |
| 20 kW | $3.49 | $48,888 | $49,766 | 12.4 years |
How to Save on Solar Panels
There are numerous companies available in Fulton, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:
- Warranty: A high-quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: Before you sign a contract with a solar company, be sure to read it through carefully so you understand the terms. Also, ask questions if you’re not sure about some of the terms, such as what the warranty covers and what services you can expect from them.
- Reputation: Your solar installer should have a sound reputation as a company and have verifiable expertise in the field. Two ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from past customers.
- Installation Process: Make sure you’re on the same page with the installer 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.
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 Fulton, WI Solar Cost FAQs
What is the average cost of installing solar panels in Fulton?
This is a tough question to answer precisely, because the cost depends on many factors. Generally speaking, it costs about $19,400 for a 5-kW system and $38,800 for a 10-kW system after the ITC is applied. You can expect to pay more if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy consumption. Conversely, you can spend less if you go with a smaller solar panel system or less efficient solar panels.
Are solar panels free in Fulton?
A solar panel system isn’t free in Fulton, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
How much can I save on power bills after switching to solar?
Solar panels can potentially eliminate your electricity bills depending on where you’re located and the efficiency of your system. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $986.54 per year.
How many solar panels should I get to power my home?
To figure out what solar panel system size you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average house will need 20 to 35 panels.
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.