Solar Panel Cost Guide in Lake Hallie, WI (2025 Update)
- Lake Hallie Solar Installation Cost: $20,085
- 25-Year Savings: $23,082
- Payback Period: 13.7 Years
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Average Cost of Solar Panels in Lake Hallie
Find out what the average cost of installing solar panels is in Lake Hallie.
The national average cost of solar panels is $2.66 per watt, but in Lake Hallie it’s 4 per watt.The average solar panel system size in Lake Hallie is around 7.4 kilowatts, meaning a cost of about $20,085 for a solar installation, or $28,722 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much solar panels could cost. The actual cost of making the switch to solar can vary based on a few factors, such as what size system you need, your energy usage and what solar installer you go with.With typical savings of about $19,000 on power bills over 20 years, many homeowners in Lake Hallie find going solar can be quite rewarding.
Click the button below to get connected to a highly rated solar company in your area for a personalized quote.
Solar savings over time in Lake Hallie
| Year | Return on Investment |
|---|---|
| 1 years | $-18,981 |
| 3 years | $-16,773 |
| 5 years | $-14,564 |
| 7 years | $-12,355 |
| 9 years | $-10,147 |
| 11 years | $-7,938 |
| 13 years | $-5,730 |
| 15 years | $-3,521 |
| 17 years | $-1,313 |
| 19 years | $896 |
| 21 years | $3,104 |
| 23 years | $5,313 |
| 25 years | $7,521 |
Top Solar Installers in Lake Hallie
DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a headache. Going with a solar panel installer can make your swap to solar power much easier. A solar company can also help save you money over the lifespan of your system by providing warranties, repairs and component replacements.
If you’d like to make the switch to solar but still aren’t sure which solar panel installer to go with, here are our suggestions for providers in Lake Hallie:
See all of the solar companies in Lake Hallie
Factors that Affect Solar Panel Costs in Lake Hallie
While the average cost of a solar system in Lake Hallie is $20,085, your final cost may differ. There are several factors that can have a major impact on the cost of a residential solar panel installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
When it comes to estimating the cost of a solar energy system in Lake Hallie, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home’s energy usage, which you can determine by looking at past energy bills. Your total cost can increase by about $3,880 for each additional kilowatt you need.The model of solar panels and equipment you get is another factor that will significantly affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Furthermore, solar equipment goes beyond just the solar panels themselves. You’ll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking into a solar system that falls within your budget.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a big investment. That’s why many Lake Hallie homeowners opt to finance their solar panel systems to make paying for solar more affordable.Although solar loans make going solar more accessible for Lake Hallie homeowners, they can also increase the total you pay for your system due to interest. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Lake Hallie is the company you choose to install your solar system. Similar to choosing a company to build a deck or pool, for example, there’s no shortage of solar installers that provide a range of services for different budgets.You may come across national solar installers that have lower prices because of their larger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or specials to compete with those larger companies.
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 | $12,699 | 14.3 years |
| 8 kW | $3.96 | $22,163 | $17,367 | 14.0 years |
| 10 kW | $3.88 | $27,160 | $22,251 | 13.7 years |
| 12 kW | $3.80 | $31,940 | $27,354 | 13.5 years |
| 14 kW | $3.72 | $36,503 | $32,673 | 13.2 years |
| 16 kW | $3.65 | $40,849 | $38,210 | 12.9 years |
| 18 kW | $3.57 | $44,977 | $43,964 | 12.6 years |
| 20 kW | $3.49 | $48,888 | $49,935 | 12.4 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since choosing a company can be a tough decision, we have some tips to help you, such as:
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years in most cases provide high-quality solar panel installation and expertise.
- Warranty: A high-quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the completion timeline.
- Solar Panel Brands: The type of solar panel you want to install plays a part in which company you should choose, since different companies have access to different panels.
EcoWatch's Lake Hallie, WI Solar Cost FAQs
How much does it cost to install solar panels in Lake Hallie?
The average cost of solar panels in Lake Hallie 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 stuff such as the type of solar panels you want, what size system you need and how much energy you use.
Is cost the most important thing to keep in mind when buying solar panels?
Cost is certainly one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Is making the switch to solar worth it?
Solar panels can be a fruitful investment for many 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.
How many solar panels do I need to power my home?
To figure out how many solar panels you need, you should find out how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average house 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.