Solar Panel Cost Guide in Genesee, WI (Feb 2023)
- Genesee Solar Installation Cost: $13,140
- 25-Year Savings: $26,852
- Payback Period: 8.2 Years
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Top Solar Installers in Genesee
DIY solar panel installation is a way to cut costs, but it's an undertaking that can be a headache. Using a solar panel installer can make converting to solar power much easier. The expertise that solar companies offer can be helpful as well, especially if you aren't sure what brand of solar equipment you need.
You can work with a local solar installer to get a free estimate on how much your investment in solar could cost for your home. Here are some nearby:
See all of the solar companies in Genesee
Factors that Affect Solar Panel Costs in Genesee
Though the average cost of a solar system in Genesee is $13,140, your final cost may be above or below the average. There are many factors that can have a significant impact on the cost of a solar panel installation. Below are some of the more important things to keep in mind.
When it comes to estimating the cost of a solar energy system in Genesee, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home's energy consumption, which you can gauge by looking at past energy bills. Your overall cost can increase by about $2,600 for each additional kilowatt you need. The brand and type of equipment you want for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often have a higher price tag 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 can expect a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want add-ons like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
If paying for solar panels in cash is out of reach, solar loans are a popular route because they decrease your upfront costs and allow you to pay for your system over five to seven years on average. Even though solar loans make going solar more accessible for Genesee homeowners, they can also increase the total you pay for your system, depending on your interest rate. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
Lastly, the company you choose to install your solar panel system can play a part in determining the cost. Genesee's solar companies all have different labor costs and add varying upcharges to equipment. You may see national solar installers that have lower prices due to their bigger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or specials to compete with those major players.
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||$21,858||8.5 years|
|8 kW||$2.65||$14,851||$29,436||8.4 years|
|10 kW||$2.60||$18,200||$37,159||8.2 years|
|12 kW||$2.55||$21,403||$45,027||8.1 years|
|14 kW||$2.50||$24,461||$53,041||7.9 years|
|16 kW||$2.44||$27,373||$61,201||7.7 years|
|18 kW||$2.39||$30,139||$69,506||7.6 years|
|20 kW||$2.34||$32,760||$77,957||7.4 years|
How to Save on Solar Panels
The solar company you go with will be a major factor in determining not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should consider, such as:
- Contract: When reading through your solar installer's contract, ask questions about any terms you're not sure of and be sure you understand what happens in scenarios such as a system component breaking or if the company goes out of business.
- Installation Process: Homeowners should make sure they understand how exactly the installation process will be carried out, as well as important factors like the project timeline.
- Reputation: Companies that have been in business for many years likely have a good reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you go with.
EcoWatch's Genesee, WI Solar Cost FAQs
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.