Solar Panel Cost Guide in Kronenwetter, WI (2023 Update)
- Kronenwetter Solar Installation Cost: $13,368
- 25-Year Savings: $25,789
- Payback Period: 8.5 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Kronenwetter
See how much it might cost to install solar panels in Kronenwetter.
The national average cost of solar panels is $2.66 per watt, but in Kronenwetter it's 2.6 per watt. To account for the typical energy needs of the average home in Kronenwetter, most homeowners require a 7.3-kilowatt system. Using the figure above, a solar installation costs about $13,377, or $19,129 before the federal solar tax credit of 30% is applied.
These figures are only averages, and how much solar costs for you will most likely vary based on the amount of energy your home requires and what company you go with. Even with the large upfront cost, the average Kronenwetter homeowner can save about $20,000 on their power bills over 20 years, which is one of the benefits of solar.
You can click the button below to get connected with a vetted solar company in Kronenwetter for a quote for your home.
Solar savings over time in Kronenwetter
Year | Return on Investment |
---|---|
1 years | $-13,238 |
3 years | $-12,977 |
5 years | $-12,716 |
7 years | $-12,455 |
9 years | $-12,194 |
11 years | $-11,933 |
13 years | $-11,672 |
15 years | $-11,411 |
17 years | $-11,150 |
19 years | $-10,889 |
21 years | $-10,628 |
23 years | $-10,367 |
25 years | $-10,105 |
Top Solar Installers in Kronenwetter
DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can use up a lot of your time and energy. Using a solar company can make swapping over to solar power much easier. Local solar installation companies can also help you maximize your return on investment by walking you through any local incentives and by offering warranties and repairs.
You can get a free quote from a local solar installer on how much solar panels could cost for your home. Here are some nearby:
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 Kronenwetter
Factors that Affect Solar Panel Costs in Kronenwetter
There are a number of criteria that can influence your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. Because of that, it's a priority to accurately gauge the size of the solar energy system needed for your home by figuring out your energy needs. Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Kronenwetter, 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
For some homeowners, paying for solar out of pocket can be financially overwhelming. Solar loans are offered by most installers in Kronenwetter, which can reduce, or in some cases totally eliminate, your upfront costs to make solar more affordable. When estimating your overall cost, you should also calculate the interest you'll pay if you decide on a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
Finally, the company you get to install your solar panel system can influence how much you pay. Kronenwetter's solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies typically have lower costs, but some local companies undercut them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or extra services like electric car charger installation, they might be cheaper overall.
Solar Panel Cost Data by System Size
System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
---|---|---|---|---|
6 kW | $2.70 | $11,357 | $20,628 | 8.9 years |
8 kW | $2.65 | $14,851 | $27,796 | 8.7 years |
10 kW | $2.60 | $18,200 | $35,109 | 8.5 years |
12 kW | $2.55 | $21,403 | $42,567 | 8.4 years |
14 kW | $2.50 | $24,461 | $50,171 | 8.2 years |
16 kW | $2.44 | $27,373 | $57,921 | 8.0 years |
18 kW | $2.39 | $30,139 | $65,817 | 7.9 years |
20 kW | $2.34 | $32,760 | $73,858 | 7.7 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you find the right company for you, here are some tips to keep in mind:
- Contract: When reading over your solar company's contract, ask for clarification about any terms you're not sure of and be sure you understand what happens in scenarios such as a system component breaking or the company going out of business.
- Reputation: Make sure your solar panel installer has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by past customers and solar experts like the EcoWatch team.
- Solar Panel Brands: The model of solar panel you'd like to install plays a role in which company you should opt for, since different companies provide different panels.
- Warranty: A quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
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 Kronenwetter, WI Solar Cost FAQs
What is the average cost of installing solar panels in Kronenwetter?
The average cost of solar panels in Kronenwetter is about $13,000 for a 5-kW system and $26,000 for a 10-kW system before the ITC, but the actual cost will depend on certain factors such as the model of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important thing to consider when buying solar panels?
Cost is definitely one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
How much can I save on electricity bills after switching to solar?
Solar panels can potentially eliminate your electricity bills depending on your location and the efficiency of your system. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $1,066.18 per year.
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 average daily 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 account for 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.