Solar Panel Cost Guide in Lake Hallie, WI (2024 Update)

  • Lake Hallie Solar Installation Cost: $20,085
  • 25-Year Savings: $23,082
  • Payback Period: 13.7 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Lake Hallie

Find out what the average cost of installing solar panels is in Lake Hallie.

In Lake Hallie, solar panels cost about 4 per watt on average.The average Lake Hallie homeowner needs a 7.4-kilowatt system, which would cost about $20,085 with the federal tax credit, or $28,722 before the 0 tax credit is applied.

Bear in mind that the figures above are only estimates based on the average Lake Hallie homeowner. The cost of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.With typical savings of about $19,000 on energy bills over 20 years, many homeowners in Lake Hallie find investing in solar can be quite rewarding.

For a customized quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.

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

When making the switch to solar, many homeowners choose to hire a solar installer since putting up solar panels yourself can be a time-consuming project. Plus, if you aren’t sure what brand of solar panels and equipment you may need, a solar installer can help you figure that out after a site survey and consultation.

If you're looking for a solar installer in Lake Hallie, we've organized a list of our top suggestions here:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.0

  • 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

★★★★★
4.0

  • 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 Lake Hallie

Factors that Affect Solar Panel Costs in Lake Hallie

The cost of installing a solar system in Lake Hallie can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The biggest one is your system size, and other factors include the equipment you choose, financing options and the solar company you choose.

Solar Equipment

When it comes to estimating the price of solar panels 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 consumption, which you can gauge by looking at past electricity bills. Your overall cost can increase by about $3,880 for each additional kilowatt you need.There are many different solar panel brands and the one you pick also affects the cost. Typically, the brands that offer higher efficiency tend to also be more expensive. In addition, the type of equipment you’re looking to get can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.

Solar Financing Terms

Most solar installers in Lake Hallie have solar loans, which reduce the initial cost of installing solar.When estimating your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying a higher down payment can lower the total interest paid over time.

Solar Panel Installation Company

The solar company you go with to handle your switch to sustainable energy can play a part in your total costs. There are about 3 solar installation companies operating in Lake Hallie, and each can charge varying amounts for labor and equipment.Additionally, some companies in Lake Hallie have more knowledge about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could end up saving you more money in the long run.

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

There are a large number of companies to choose from in Lake Hallie, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, so here are some tips to help you decide:

  • Reputation: Your solar installer should have a sound reputation as a company and have verifiable 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 good reviews from past customers.
  • Warranty: A quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
  • Installation Process: When going solar, it’s important to keep an open line of communication with your solar panel installer. Make sure you understand how the installation process works and the completion timeline.
  • Solar Panel Brands: Different companies offer various brands and kinds of panels. If you know you want a specific brand, make sure the solar installer you’re considering has it.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.0

  • 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

★★★★★
4.0

  • Expansive service area
  • Makes charitable contributions
  • Certified B Corp
  • No leases or PPAs
  • Quality of installation may vary by location

EcoWatch's Lake Hallie, WI Solar Cost FAQs

What is the average cost of installing 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 real cost will depend on certain factors such as the kind of solar panels you want, what size system you need and how much energy you use.

Is cost the most important consideration when buying solar panels?

The upfront cost is a very important factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In areas where rooftop space is limited, efficiency can trump the cost. Other factors that are important to take into account are the quality and durability of your solar panels.

Is going solar worth it?

Whether or not solar panels are worth it depends on some different factors like local electricity rates and how much direct sunlight your roof gets.

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 needs and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average home 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.

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