Solar Panel Cost Guide in Ixonia, WI (2024 Update)
- Ixonia Solar Installation Cost: $19,772
- 25-Year Savings: $25,573
- Payback Period: 12.7 Years
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Average Cost of Solar Panels in Ixonia
Let’s have a look at the average cost of solar in Ixonia.
The national average cost of solar panels is $2.66 per watt, but in Ixonia it’s 4 per watt.The average solar panel system size in Ixonia is around 7.3 kilowatts, meaning a cost of about $19,772 for a solar installation, or $28,274 before the 0 federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Ixonia homeowners. The cost of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor.Even with the significant initial cost, the average Ixonia homeowner can save around $20,000 on their power bills over 20 years, which is one of the advantages of solar.
To calculate your potential ROI and connect with a local solar expert, click the button below.
Solar savings over time in Ixonia
| Year | Return on Investment |
|---|---|
| 1 years | $-18,476 |
| 3 years | $-15,886 |
| 5 years | $-13,295 |
| 7 years | $-10,704 |
| 9 years | $-8,113 |
| 11 years | $-5,522 |
| 13 years | $-2,931 |
| 15 years | $-340 |
| 17 years | $2,251 |
| 19 years | $4,842 |
| 21 years | $7,433 |
| 23 years | $10,024 |
| 25 years | $12,615 |
Top Solar Installers in Ixonia
Many homeowners decide to use a solar installation company since installing solar panels by yourself can be time-consuming. Solar companies offer key benefits that can help you maximize your investment, like warranties, monitoring and free repairs.
If you’d like to go solar but still aren’t sure which solar panel company to go with, here are our recommendations for providers in Ixonia:
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 Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Ixonia
Factors that Affect Solar Panel Costs in Ixonia
The cost of installing a solar system in Ixonia can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The largest one is your system size, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
The size of the solar system you need, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $3,880. The brand and kind of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
If paying for solar panels in cash is out of reach, solar loans are a popular option because they reduce your upfront costs and let you pay for your system over five to seven years on average.It’s wise to factor the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it’ll take to pay back the loan.
Solar Panel Installation Company
Lastly, the company you hire to install your solar panels can impact your pricing. Ixonia’s solar companies all have different labor costs and add varying upcharges to equipment. The company’s size can sometimes play the most significant role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower prices due to more resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger names.
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 | $15,049 | 13.2 years |
| 8 kW | $3.96 | $22,163 | $20,500 | 13.0 years |
| 10 kW | $3.88 | $27,160 | $26,168 | 12.7 years |
| 12 kW | $3.80 | $31,940 | $32,054 | 12.5 years |
| 14 kW | $3.72 | $36,503 | $38,157 | 12.2 years |
| 16 kW | $3.65 | $40,849 | $44,477 | 12.0 years |
| 18 kW | $3.57 | $44,977 | $51,014 | 11.7 years |
| 20 kW | $3.49 | $48,888 | $57,769 | 11.5 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you find the right company for you, here are some tips to keep in mind:
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the project timeline.
- Reputation: Make sure your solar system installer has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like EcoWatch.
- Solar Panel Brands: Not all solar companies offer the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you go with.
- Warranty: A comprehensive, 25-year warranty can help keep your solar system running smoothly and save you money on part replacement and repairs.
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 Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Ixonia, WI Solar Cost FAQs
What is the average cost of installing solar panels in Ixonia?
This is a hard question to answer precisely, because the cost depends on a variety of 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 additional solar equipment or more efficient panels, or if you have above-average energy consumption. On the flip side, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
What other factors should I consider apart from cost when buying solar panels?
The initial cost is a key factor to consider, but whether it’s the most important for you depends on your goals for going solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to consider are the quality and durability of your solar panels.
Is switching to solar power worth it?
Solar panels can be a great investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your energy bills are already pretty low, solar panels might not be for you.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you need to know how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.
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.