Solar Panel Cost Guide in Harrison, WI (2024 Update)
- Harrison Solar Installation Cost: $19,657
- 25-Year Savings: $23,434
- Payback Period: 13.4 Years
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Average Cost of Solar Panels in Harrison
Find out what the average cost of solar panel installation is in Harrison.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Harrison, the typical cost of a solar system is 4 per watt.The average solar panel system size in Harrison is around 7.2 kilowatts, meaning a cost of about $19,657 for a solar installation, or $28,110 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The exact cost of installing solar panels can vary quite a bit based on several factors, such as what size system you need, your energy usage and what company you go with.But, once you've paid the initial cost of installation, the payback for most homeowners is typically good, 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 Harrison
| Year | Return on Investment |
|---|---|
| 1 years | $-18,361 |
| 3 years | $-15,770 |
| 5 years | $-13,179 |
| 7 years | $-10,588 |
| 9 years | $-7,997 |
| 11 years | $-5,406 |
| 13 years | $-2,815 |
| 15 years | $-224 |
| 17 years | $2,367 |
| 19 years | $4,958 |
| 21 years | $7,549 |
| 23 years | $10,140 |
| 25 years | $12,731 |
Top Solar Installers in Harrison
Although it's possible to install solar panels on your own, it involves extra labor and expertise. Because of that, the majority of homeowners choose a solar panel installer. Solar installers offer key benefits that can help you get the most out of your investment, like warranties, monitoring and free repairs.
You can get a free estimate from a local solar installer on how much solar panels could cost for your home. Here are some near you:
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 Harrison
Factors that Affect Solar Panel Costs in Harrison
While the average cost of a solar system in Harrison is $19,657, your actual cost may be above or below the average. There are several factors that can have a major impact on the cost of a solar system installation. Below are some of the more crucial things to take into consideration.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a variety of factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power generation use better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,880.The brand and kind of equipment you want for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these are often more expensive 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 will be looking at a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want additional equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Solar panels can save you money on power bills over many years, but they can also be a big investment. That’s why many Harrison homeowners opt to finance their solar panel systems to offset upfront costs.Although solar loans make going solar more accessible for Harrison homeowners, they can also increase the total you pay for your system due to interest. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
Finally, the company you get to install your solar panel system can influence the cost. Harrison’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Harrison are more knowledgeable about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, 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 | $13,400 | 14.0 years |
| 8 kW | $3.96 | $22,163 | $18,301 | 13.7 years |
| 10 kW | $3.88 | $27,160 | $23,420 | 13.4 years |
| 12 kW | $3.80 | $31,940 | $28,755 | 13.2 years |
| 14 kW | $3.72 | $36,503 | $34,308 | 12.9 years |
| 16 kW | $3.65 | $40,849 | $40,079 | 12.6 years |
| 18 kW | $3.57 | $44,977 | $46,066 | 12.4 years |
| 20 kW | $3.49 | $48,888 | $52,271 | 12.1 years |
How to Save on Solar Panels
There are a large number of companies to choose from in Harrison, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be challenging, so here are some tips to help you decide:
- Reputation: Solar companies that have great reviews from their customers and that have been operating for many years most likely provide good-quality solar panel installation and expertise.
- 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 large role in the company you opt for.
- Contract: When reading through your solar company’s contract, ask questions about any terms you’re not sure of and make sure you understand what happens in scenarios like a system component breaking or the company going out of business.
- Warranty: Many companies offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
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 Harrison, WI Solar Cost FAQs
What is the average cost of installing solar panels in Harrison?
This is a difficult question to answer exactly, because the cost depends on a few different 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. It will be more expensive if you want extra solar equipment or more efficient panels, or if you have above-average energy consumption. Conversely, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
Are solar panels free in Harrison?
You can’t get solar panels for free in Harrison. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d rather own your solar panels, you can finance them with a solar loan.
How will solar panels impact my home value?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Harrison is currently $406,566, which means you can look forward to a value of about $16,669 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Harrison is a rewarding investment.
How often do you have to replace solar panels?
Though 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 the amount of energy they produce will have decreased significantly after that point. You can decide to replace them once you've had them for that long or you can keep using 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.