Solar Panel Cost Guide in Grand Chute, WI (2024 Update)
- Grand Chute Solar Installation Cost: $19,712
- 25-Year Savings: $23,661
- Payback Period: 13.4 Years
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Average Cost of Solar Panels in Grand Chute
We break down average solar pricing in Grand Chute.
While the national average of solar panels is $2.66 per watt, solar panels in Grand Chute generally cost about 4.The average solar panel system size in Grand Chute is around 7.3 kilowatts, meaning a cost of about $19,712 for a solar installation, or $28,188 before the 0 federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average Grand Chute homeowner. The cost of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.Many homeowners find adopting solar power is a sound investment. The average homeowner in Grand Chute can save around $19,000 on their energy bills over 20 years.
To get a free estimate from a top solar company in Grand Chute, you can click the button below.
Solar savings over time in Grand Chute
| Year | Return on Investment |
|---|---|
| 1 years | $-18,416 |
| 3 years | $-15,825 |
| 5 years | $-13,234 |
| 7 years | $-10,643 |
| 9 years | $-8,052 |
| 11 years | $-5,461 |
| 13 years | $-2,870 |
| 15 years | $-279 |
| 17 years | $2,312 |
| 19 years | $4,903 |
| 21 years | $7,494 |
| 23 years | $10,085 |
| 25 years | $12,676 |
Top Solar Installers in Grand Chute
Although it's possible to install solar panels by yourself, it takes extra time and knowledge. That's why the majority of homeowners choose to go with a solar panel installer. Plus, if you’d like to maximize your investment in solar, using a solar company can help with that as well. Different providers can offer repairs, expertise on solar panel installation and sometimes even information on local incentives.
If you're on the hunt for a solar installer in Grand Chute, we've compiled a list of our top suggestions here:
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 Grand Chute
Factors that Affect Solar Panel Costs in Grand Chute
The cost of installing a solar system in Grand Chute can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The biggest one is the size of the system your household needs, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. Because of that, it’s a priority to accurately ascertain the size of the solar energy system needed for your home by figuring out your energy needs.Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Grand Chute, where sunlight isn’t as abundant, efficiency can quickly pay off. Plus, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar installers in Grand Chute have solar loans, which reduce the initial cost of installing a solar system.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 securing a solar loan with a low interest rate could reduce your costs remarkably.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Grand Chute is the company you choose to install your PV system. As with choosing a company to install new cabinets, for instance, you’ll have many options for solar installers that provide a range of services for different budgets.Additionally, some companies in Grand Chute are more knowledgeable about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could end up saving you 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 | $13,533 | 13.9 years |
| 8 kW | $3.96 | $22,163 | $18,479 | 13.6 years |
| 10 kW | $3.88 | $27,160 | $23,642 | 13.4 years |
| 12 kW | $3.80 | $31,940 | $29,022 | 13.1 years |
| 14 kW | $3.72 | $36,503 | $34,620 | 12.8 years |
| 16 kW | $3.65 | $40,849 | $40,435 | 12.6 years |
| 18 kW | $3.57 | $44,977 | $46,467 | 12.3 years |
| 20 kW | $3.49 | $48,888 | $52,716 | 12.0 years |
How to Save on Solar Panels
There are a lot of companies available in Grand Chute, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, so here are some tips to help you decide:
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to align on any details you need to know with your solar company, such as what permits you should acquire and how long the project will take.
- Contract: It’s important to look over your solar installer’s contract well to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system’s energy production.
- Warranty: Warranties that cover defective panels and repairs over a couple decades are the best you can get in the business, and offering such a warranty is one sign of a good company.
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, durability and efficiency. They will come at different price points as well. The company you choose impacts which solar panel brands you have access to.
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 Grand Chute, WI Solar Cost FAQs
How much does it cost to install solar panels in Grand Chute?
This is a tough question to answer exactly, because the cost depends on a few different factors. Broadly speaking, it costs about $19,400 for a 5-kW system and $38,800 for a 10-kW system after the ITC is applied. It will be more expensive if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy usage. Conversely, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
Are solar panels free in Grand Chute?
You can’t get solar panels for free in Grand Chute. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d prefer to own your solar panels, you can finance them with a solar loan.
How will having solar panels impact my home value?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Grand Chute is currently $413,572, which means you can look forward to a value of about $16,956 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Grand Chute is a rewarding investment.
How long do solar panels last in Grand Chute?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is their energy production will have decreased significantly after that point. You can choose to replace them once you've had 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.