Solar Panel Cost Guide in Hull, WI (2025 Update)
- Hull Solar Installation Cost: $19,891
- 25-Year Savings: $23,625
- Payback Period: 13.5 Years
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Average Cost of Solar Panels in Hull
Find out what the average cost of solar panel installation is in Hull.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Hull, the average cost of solar panels is 4 per watt.The average solar panel system size in Hull is around 7.3 kilowatts, meaning a cost of about $19,891 for a solar installation, or $28,444 before the 0 federal solar tax credit is applied.
These figures are only estimates, and how much solar costs for you will vary based on your specific situation and what company you go with.Even with the large initial cost, the average Hull homeowner can save about $19,000 on their power bills over 20 years, which is one of the benefits of solar.
Click the button below to get connected to a highly rated solar panel company in your area for a personalized quote.
Solar savings over time in Hull
| Year | Return on Investment |
|---|---|
| 1 years | $-18,993 |
| 3 years | $-17,197 |
| 5 years | $-15,401 |
| 7 years | $-13,605 |
| 9 years | $-11,809 |
| 11 years | $-10,012 |
| 13 years | $-8,216 |
| 15 years | $-6,420 |
| 17 years | $-4,624 |
| 19 years | $-2,828 |
| 21 years | $-1,032 |
| 23 years | $764 |
| 25 years | $2,560 |
Top Solar Installers in Hull
DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a pain. Hiring a solar company can make your swap to solar power much easier. Also, if you’d like to maximize your investment in solar, using a solar company can help with that too. Different providers can offer repairs, expertise on installation and sometimes even information on local incentives and net metering programs.
Working with a professional solar company can make going solar easier. Here are our recommendations:
See all of the solar companies in Hull
Factors that Affect Solar Panel Costs in Hull
The cost of installing a solar system in Hull can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The largest one is the size of the system your home needs, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more power your household uses, the larger your system will likely need to be. You can expect to spend around $3,880 per kilowatt in Hull.Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Hull, where sunlight isn’t as abundant, efficiency can quickly pay off. Plus, 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 utility bills over many years, but they can also be a significant investment. That’s why many Hull homeowners decide to finance their solar panel systems to make paying for solar more affordable.However, the interest on solar loans also adds to your total costs, so it’s crucial to consider that as well. You can always reduce the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
Lastly, the company you choose to install your solar system can affect how much it costs. Hull’s solar companies all have different labor costs and add varying upcharges to equipment. Some companies only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It’s best to do some research and decide on the 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 | $13,327 | 14.0 years |
| 8 kW | $3.96 | $22,163 | $18,204 | 13.7 years |
| 10 kW | $3.88 | $27,160 | $23,298 | 13.5 years |
| 12 kW | $3.80 | $31,940 | $28,609 | 13.2 years |
| 14 kW | $3.72 | $36,503 | $34,138 | 12.9 years |
| 16 kW | $3.65 | $40,849 | $39,884 | 12.6 years |
| 18 kW | $3.57 | $44,977 | $45,847 | 12.4 years |
| 20 kW | $3.49 | $48,888 | $52,027 | 12.1 years |
How to Save on Solar Panels
Since the brand of solar panels and the company you choose considerably impacts your costs and your system’s efficiency, production, and durability, it’s important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years in most cases provide good-quality solar panel installation and expertise.
- Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the project completion timeline.
- Warranty: If you’re worried about the durability of your solar system, ensuring your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Contract: When looking through your solar company’s contract, ask questions about any terms you’re not sure of and be sure you understand what happens in scenarios such as a system component breaking or if the company goes out of business.
EcoWatch's Hull, WI Solar Cost FAQs
How much does it cost to install solar panels in Hull?
This is a hard question to answer exactly, because the cost depends on many 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. You can expect to pay more if you want other solar equipment or higher quality panels, or if you have above-average energy consumption. On the other hand, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
What other factors should I consider in addition to cost when buying solar panels?
Cost is without a doubt one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
How will having solar panels impact how much my home is worth?
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 Hull is currently $271,607, which means you could be looking at a value of about $11,136 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Hull is a rewarding investment.
How long do solar panels last in Hull?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level 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.