Solar Panel Cost Guide in Holland, WI (2024 Update)
- Holland Solar Installation Cost: $20,137
- 25-Year Savings: $23,185
- Payback Period: 13.7 Years
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Average Cost of Solar Panels in Holland
Let’s have a look at the average cost of solar in Holland.
In Holland, solar panels cost about 4 per watt on average.Because a 7.4-kW system is needed to cover the energy usage of a typical home in Holland, the average price of going solar will be about $20,137 after claiming the federal solar tax credit of 0.
The prices above are just estimates to give you an idea of how much a solar panel system could cost. The exact cost of making the switch to solar can vary quite a bit depending on several factors, such as how many panels you need, your energy usage and what company you go with.Many homeowners find adopting solar power is a rewarding investment. The average homeowner in Holland can save about $19,000 on their electricity bills over 20 years.
To get a free quote from a pre-vetted solar installation company in Holland, you can click the button below.
Solar savings over time in Holland
| Year | Return on Investment |
|---|---|
| 1 years | $-19,033 |
| 3 years | $-16,824 |
| 5 years | $-14,616 |
| 7 years | $-12,407 |
| 9 years | $-10,199 |
| 11 years | $-7,990 |
| 13 years | $-5,782 |
| 15 years | $-3,573 |
| 17 years | $-1,365 |
| 19 years | $844 |
| 21 years | $3,052 |
| 23 years | $5,261 |
| 25 years | $7,469 |
Top Solar Installers in Holland
Although you can install solar panels yourself, it requires extra energy and knowledge. That's one of the reasons most homeowners choose to hire a solar panel installer. Plus, if you’d like to maximize your investment in solar power, going with a solar installer can help with that as well. Different providers can offer warranties, expertise on installation and sometimes even information on local incentives.
Working with a vetted solar installer can help you make the most of your investment in solar. Here are our recommendations:
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 Holland
Factors that Affect Solar Panel Costs in Holland
Cost is often one of the most important factors for homeowners who want to invest in solar. There are a few primary factors that affect your total cost in Holland: solar equipment and system size, financing options and the solar installation company you choose. We’ll go over each of these briefly below.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. That’s why it’s a priority to accurately gauge the size of the solar energy system needed for your home by figuring out your typical energy use.Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Holland, 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 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 utility bills over many years, but they can also be a big investment. That’s why many Holland homeowners opt to finance their solar panel systems to offset upfront costs.It’s a good idea to add the interest you’ll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and the amount of time it’ll take to pay off the loan.
Solar Panel Installation Company
The solar installer you opt for to handle your switch to sustainable energy can play a part in your total costs. There are about 3 solar panel companies operating in Holland, and each can charge different amounts for labor and equipment.Additionally, some companies in Holland are more knowledgeable about local solar incentives and can help you learn about 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 | $12,734 | 14.3 years |
| 8 kW | $3.96 | $22,163 | $17,414 | 14.0 years |
| 10 kW | $3.88 | $27,160 | $22,310 | 13.7 years |
| 12 kW | $3.80 | $31,940 | $27,424 | 13.5 years |
| 14 kW | $3.72 | $36,503 | $32,755 | 13.2 years |
| 16 kW | $3.65 | $40,849 | $38,304 | 12.9 years |
| 18 kW | $3.57 | $44,977 | $44,069 | 12.6 years |
| 20 kW | $3.49 | $48,888 | $50,052 | 12.4 years |
How to Save on Solar Panels
The solar installer you go with will affect not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should take into account, including:
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and energy needs. Although there are many options for which type of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you ask for their list of options before making your decision.
- Reputation: Companies that have been in business for many years likely have a high 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.
- Warranty: A high-quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Installation Process: Get detailed information from your solar company about the installation process and what to expect, such as when the site survey will be completed and how long it will take.
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 Holland, WI Solar Cost FAQs
How much does it cost to install solar panels in Holland?
The average cost of solar panels in Holland 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 things such as the kind of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Holland?
Solar panels aren’t free in Holland, but there are some options that can make getting them more feasible, 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 energy bills after installing solar panels?
It is possible to erase your electricity bills with solar panels, but for most homeowners in Holland, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you’ll want to contact a local solar installer to see how many panels can fit on your roof.
How long do solar panels last in Holland?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is their energy production will have decreased significantly after that point. You can 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.