Solar Panel Cost Guide in Geneva, WI (2025 Update)
- Geneva Solar Installation Cost: $19,570
- 25-Year Savings: $23,441
- Payback Period: 13.4 Years
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Average Cost of Solar Panels in Geneva
Find out what the average cost of solar panels are in Geneva.
While the national average of solar panels is $2.66 per watt, solar panels in Geneva generally cost around 4.To cover the typical energy needs of the average home in Geneva, most homeowners require a 7.2-kilowatt system. Using the figure above, a solar installation costs about $19,570, or $27,985 before the federal solar tax credit of 0 is applied.
How much you pay can go above or below the average in Geneva depending on a variety of factors, such as the model of solar panels you choose and the solar contractor you hire.For most homeowners, the upfront cost of solar is worth paying. On average you could be looking at about $19,000 in savings on electricity bills over 20 years.
Click the button below to get connected to a highly rated solar panel company in Geneva for a personalized estimate.
Solar savings over time in Geneva
| Year | Return on Investment |
|---|---|
| 1 years | $-18,338 |
| 3 years | $-15,872 |
| 5 years | $-13,407 |
| 7 years | $-10,941 |
| 9 years | $-8,476 |
| 11 years | $-6,010 |
| 13 years | $-3,545 |
| 15 years | $-1,079 |
| 17 years | $1,387 |
| 19 years | $3,852 |
| 21 years | $6,318 |
| 23 years | $8,783 |
| 25 years | $11,249 |
Top Solar Installers in Geneva
DIY solar panel installation is a way to cut costs, but it's an undertaking that can be a pain. Going with a solar company can make swapping over to solar power much easier. Some solar installers, especially local ones, can help you make the most of incentives in Geneva, thereby optimizing your ROI.
If you’d like to make the switch to solar but still aren’t sure which solar company to go with, here are our suggestions for providers near you:
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 Geneva
Factors that Affect Solar Panel Costs in Geneva
For many Geneva homeowners, the decision to adopt solar energy depends on cost. However, the range of solar installation costs can be quite wide in Geneva, with typical prices between $20,000 to $40,000. There are various factors that considerably influence the price you’ll pay, which we'll go over below.
Solar Equipment
One of the most important factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more power your household consumes, the larger your system will likely need to be. You can expect to pay around $3,880 per kilowatt in Geneva.Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Geneva, where sunlight is relatively abundant, efficiency can quickly pay off. Also, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a big investment. That’s why many Geneva homeowners choose to finance their solar panel systems to make paying for solar more affordable.You’ll have to consider the long-term cost of financing options, including the total interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs considerably.
Solar Panel Installation Company
The solar installer you opt for to handle your switch to solar energy can play a part in your total costs. There are about 3 solar panel companies operating throughout Geneva, and each can charge different amounts for labor and equipment.Some companies only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It’s best to do some research and find a company that offers the products, warranties and services you’re looking for and also fit into your budget.
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 | $13,491 | 13.9 years |
| 8 kW | $3.96 | $22,163 | $18,422 | 13.7 years |
| 10 kW | $3.88 | $27,160 | $23,571 | 13.4 years |
| 12 kW | $3.80 | $31,940 | $28,937 | 13.1 years |
| 14 kW | $3.72 | $36,503 | $34,520 | 12.8 years |
| 16 kW | $3.65 | $40,849 | $40,321 | 12.6 years |
| 18 kW | $3.57 | $44,977 | $46,339 | 12.3 years |
| 20 kW | $3.49 | $48,888 | $52,574 | 12.0 years |
How to Save on Solar Panels
Since the kind 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 select the right ones for you. Here are some things to keep in mind to help with your decision:
- Reputation: Your solar installer should have a sound reputation as a company and have proven 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.
- Warranty: Warranties that cover replacement parts and repairs over a couple decades are the best you can get in the business, and offering that kind of warranty is one indication of a good company.
- Contract: Though reading through a contract can take a lot of time, it’s important to do it fully so you can make sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Solar Panel Brands: The kind of solar panel you want plays a role in which installer you should opt for, since different companies have different panels.
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 Geneva, WI Solar Cost FAQs
What is the average cost of installing solar panels in Geneva?
The average cost of solar panels in Geneva 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 consume.
Is cost the most important thing to keep in mind when buying solar panels?
Cost is certainly one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Can solar panels eliminate my electricity bills?
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 $1,014.62 per year.
How long do solar panels last in Geneva?
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.