Solar Panel Cost Guide in Ledgeview, WI (2025 Update)
- Ledgeview Solar Installation Cost: $18,890
- 25-Year Savings: $24,539
- Payback Period: 12.7 Years
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Average Cost of Solar Panels in Ledgeview
We go over average solar pricing in Ledgeview.
The national average cost of solar panels is $2.66 per watt, but in Ledgeview it’s 4 per watt.The average solar panel system size in Ledgeview is around 7.0 kilowatts, meaning a cost of about $18,890 for a solar installation, or $27,013 before the 0 federal solar tax credit is applied.
The true cost of your system can be higher or lower than the average in Ledgeview depending on a variety of factors, such as the brand of solar panels you choose and the solar installer you hire.But, after you've paid the upfront cost of installation, the payback for most homeowners is usually rewarding, with a net average savings of about $20,000 over 20 years on electricity bills.
To see your potential savings and connect with a local solar expert, click the button below.
Solar savings over time in Ledgeview
| Year | Return on Investment |
|---|---|
| 1 years | $-17,673 |
| 3 years | $-15,239 |
| 5 years | $-12,805 |
| 7 years | $-10,370 |
| 9 years | $-7,936 |
| 11 years | $-5,502 |
| 13 years | $-3,068 |
| 15 years | $-634 |
| 17 years | $1,800 |
| 19 years | $4,234 |
| 21 years | $6,668 |
| 23 years | $9,102 |
| 25 years | $11,536 |
Top Solar Installers in Ledgeview
Although it's possible to install solar panels by yourself, it involves extra effort and know-how. Because of that, most people choose a solar panel installer. Also, companies with an outstanding reputation that are more expensive upfront could actually save you money in the long run because of their warranties, repair services and expert design.
There are a number of licensed solar professionals that can install solar panels for you. Here are our suggestions:
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
See all of the solar companies in Ledgeview
Factors that Affect Solar Panel Costs in Ledgeview
Even though the average cost of a solar system in Ledgeview is $18,890, your actual cost may differ. There are many factors that can have a sizable impact on the cost of a solar panel installation. Below are some of the more crucial things to consider.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power production require better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,880.The brand of solar panels and equipment you choose is another factor that will greatly impact 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 think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when researching a solar system that’s in your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Ledgeview to be prohibitively costly, even if the investment pays off over time. Fortunately, nearly every solar company in the area provides access to financing options. Solar loans greatly decrease upfront costs in most cases, but they also result in higher prices over time due to interest.You’ll have to consider the long-term cost of loans, including the amount of interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
A final factor to consider when trying to evaluate the cost of solar for your home or business in Ledgeview is the company you choose to install your PV system. Similar to choosing a company to build a deck or pool, for instance, you’ll have many options for solar installers that offer a range of services at different price points.The size of the company sometimes plays the most significant role in the cost. Larger national companies, like SunPro and Sunrun, often have lower prices because of access to greater resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing down to compete with bigger 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 | $15,141 | 13.2 years |
| 8 kW | $3.96 | $22,163 | $20,623 | 12.9 years |
| 10 kW | $3.88 | $27,160 | $26,322 | 12.7 years |
| 12 kW | $3.80 | $31,940 | $32,238 | 12.4 years |
| 14 kW | $3.72 | $36,503 | $38,371 | 12.2 years |
| 16 kW | $3.65 | $40,849 | $44,722 | 11.9 years |
| 18 kW | $3.57 | $44,977 | $51,290 | 11.7 years |
| 20 kW | $3.49 | $48,888 | $58,076 | 11.4 years |
How to Save on Solar Panels
The solar company you choose will be a major factor in determining not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are some important things you should consider, including:
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, including when the site survey will be done and how long it will take.
- Warranty: Warranties that cover defective panels and repairs over around 25 years are the gold standard in the business, and offering that kind of warranty is one mark of a good company.
- Reputation: Make sure your solar installer has a good reputation by verifying it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like EcoWatch.
- Contract: Even though reading through a contract can be tedious, it’s important to do it thoroughly so you can make sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's Ledgeview, WI Solar Cost FAQs
How much does it cost to install solar panels in Ledgeview?
This is a tough 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 cost more if you want additional solar equipment or higher quality panels, or if you have above-average energy consumption. On the other hand, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
Should I lease or buy solar panels in Ledgeview?
Leasing solar panels can be an attractive choice, because it typically comes with low or $0 upfront payments. The drawback is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any tax rebates and credits and your home value won’t increase. Buying solar panels is a better option if you want to get the most savings.
Do solar panels increase the value of your home?
Solar panels can increase your home value considerably as long as you buy or finance your panels and don’t choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing solar panels."
What solar power system size is right for my home?
To figure out what solar panel system size 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 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.