Solar Panel Cost Guide in Horicon, WI (2024 Update)
- Horicon Solar Installation Cost: $19,771
- 25-Year Savings: $25,474
- Payback Period: 12.8 Years
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Average Cost of Solar Panels in Horicon
We go over average solar pricing in Horicon.
The average cost of a solar system in Horicon is 4 per watt.Because a 7.3-kW system is needed to cover the energy needs of a typical home in Horicon, the average price of going solar will be about $19,771 after claiming the federal solar tax credit of 0.
Keep in mind that the numbers above are only averages. The price you’ll end up paying for solar will differ based on your household energy consumption, the type of equipment you choose, your solar contractor and more.With typical savings of about $20,000 on energy bills over 20 years, many homeowners in Horicon find investing in solar can be quite rewarding.
Click the button below to get connected to a top solar panel company in Horicon for a custom quote.
Solar savings over time in Horicon
| Year | Return on Investment |
|---|---|
| 1 years | $-18,475 |
| 3 years | $-15,884 |
| 5 years | $-13,293 |
| 7 years | $-10,703 |
| 9 years | $-8,112 |
| 11 years | $-5,521 |
| 13 years | $-2,930 |
| 15 years | $-339 |
| 17 years | $2,252 |
| 19 years | $4,843 |
| 21 years | $7,434 |
| 23 years | $10,025 |
| 25 years | $12,616 |
Top Solar Installers in Horicon
DIY solar panel installation is a way to cut costs, but it's an undertaking that can be a headache. Hiring a solar company can make swapping over to solar power much easier. Since solar panels are exposed to the elements every day, warranties and repairs from your solar company can help you get the most out of your investment in solar panels by reducing potential costs down the line.
There are a number of licensed solar professionals that can install solar panels for you. Here are our suggestions:
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 Horicon
Factors that Affect Solar Panel Costs in Horicon
Cost is typically 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 Horicon: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.
Solar Equipment
One of the most important factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household uses, the larger your system will likely need to be. You can expect to pay about $3,880 per kilowatt in Horicon.The solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more in the long run on your energy bills. In addition, add-on products, like solar batteries, can bring your total well above the Horicon average.
Solar Financing Terms
If paying for solar panels in cash is too expensive, solar loans are an affordable route because they decrease your upfront costs and allow you to pay for your system over five to seven years on average.When estimating your overall cost, you should also calculate the interest you’ll pay if you go with a solar loan. Also, paying more on your down payment can lower the total interest paid over time.
Solar Panel Installation Company
A final factor to consider when trying to evaluate the cost of solar for your home or business in Horicon is the company you get to install your solar system. Similar to choosing a company to install new cabinets, for instance, you’ll have no shortage of solar installers that offer a range of services at different price points.Companies that 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 choose a company that offers the products, warranties and services you’re looking for and also is within 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 | $14,969 | 13.3 years |
| 8 kW | $3.96 | $22,163 | $20,393 | 13.0 years |
| 10 kW | $3.88 | $27,160 | $26,035 | 12.8 years |
| 12 kW | $3.80 | $31,940 | $31,894 | 12.5 years |
| 14 kW | $3.72 | $36,503 | $37,970 | 12.3 years |
| 16 kW | $3.65 | $40,849 | $44,263 | 12.0 years |
| 18 kW | $3.57 | $44,977 | $50,774 | 11.7 years |
| 20 kW | $3.49 | $48,888 | $57,502 | 11.5 years |
How to Save on Solar Panels
The solar panel company you choose will affect not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are some important things you should consider, including:
- Warranty: An all-inclusive, 25-year warranty can help keep your solar system running smoothly and save you money on repairs and maintenance.
- Reputation: Your solar installer should have a good 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 certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from past customers.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and how much efficiency they need. Even though there are many options for which kind of solar panel you can get, not every company will have the exact one you may want or need, so be sure to ask for their list of options before deciding.
- Installation Process: When going solar, it’s essential to keep an open line of communication with your solar installer. Confirm that you understand how the installation process will go and the project completion timeline.
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 Horicon, WI Solar Cost FAQs
How much does it cost to install solar panels in Horicon?
This is a hard 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 cost more if you want additional solar equipment or higher quality panels, or if you have higher-than-average energy consumption. On the flip side, you can spend less if you want a smaller solar panel system or cheaper solar panels.
Is it better to lease or buy solar panels in Horicon?
Leasing solar panels can be an option if you can’t pay upfront or get a solar loan, but since you don’t own the system, you can’t take advantage of many solar incentives. Also your home value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most bang for your buck from going solar.
Is making the switch to solar worth it?
Whether or not solar panels are worth it depends on some different factors like the cost of electricity near you and the amount of direct sunlight your roof gets.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and the amount of sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to cover their typical energy usage.
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.