Solar Panel Cost Guide in Menomonee Falls, WI (2025 Update)
- Menomonee Falls Solar Installation Cost: $19,621
- 25-Year Savings: $27,625
- Payback Period: 12.0 Years
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Average Cost of Solar Panels in Menomonee Falls
Find out what the average cost of solar panels are in Menomonee Falls.
The average cost of a solar panel system in Menomonee Falls is 4 per watt.To cover the typical energy usage of the average home in Menomonee Falls, most homeowners require a 7.2-kilowatt system. Using the figure above, a solar installation costs about $19,621, or $28,058 before the federal solar tax credit of 0 is applied.
Keep in mind that the figures above are only estimates based on the average Menomonee Falls homeowner. 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.Many homeowners find going solar is a rewarding investment. The average homeowner in Menomonee Falls can save around $21,000 on their electricity bills over 20 years.
For a free quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Menomonee Falls
| Year | Return on Investment |
|---|---|
| 1 years | $-18,326 |
| 3 years | $-15,735 |
| 5 years | $-13,144 |
| 7 years | $-10,553 |
| 9 years | $-7,962 |
| 11 years | $-5,371 |
| 13 years | $-2,780 |
| 15 years | $-189 |
| 17 years | $2,402 |
| 19 years | $4,993 |
| 21 years | $7,584 |
| 23 years | $10,175 |
| 25 years | $12,766 |
Top Solar Installers in Menomonee Falls
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. Taking advantage of a solar panel installer can make swapping over to solar power much easier. Solar companies provide key benefits that can help you maximize your investment, like warranties, monitoring and free repairs.
If you're searching for a solar installer in Menomonee Falls, the EcoWatch team has compiled a list of our top suggestions here:
See all of the solar companies in Menomonee Falls
Factors that Affect Solar Panel Costs in Menomonee Falls
The cost of installing a solar system in Menomonee Falls can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The most significant one is the size of the system your home needs, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household consumes, the larger your system will likely need to be. You can expect to pay around $3,880 per kilowatt in Menomonee Falls.The type of solar panels and equipment you get is another factor that will significantly impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Further, 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 searching for a solar system that’s in your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Menomonee Falls to be too costly, even if the investment pays off over time. Fortunately, almost every solar company in the area provides financing options. Solar loans drastically decrease upfront costs for most homeowners, but they also result in higher prices over time due to interest.When figuring out your overall cost, you should also calculate the interest you’ll pay if you decide on a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Menomonee Falls is the company you hire to install your solar system. Similar to choosing a company to install new cabinets, for example, you’ll have no shortage of solar installers that offer a range of services for different budgets.The size of the company can sometimes play the most considerable role in your costs. Larger national companies, like SunPro and Sunrun, often have lower prices because they have 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 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 | $16,915 | 12.5 years |
| 8 kW | $3.96 | $22,163 | $22,988 | 12.3 years |
| 10 kW | $3.88 | $27,160 | $29,279 | 12.0 years |
| 12 kW | $3.80 | $31,940 | $35,786 | 11.8 years |
| 14 kW | $3.72 | $36,503 | $42,511 | 11.5 years |
| 16 kW | $3.65 | $40,849 | $49,453 | 11.3 years |
| 18 kW | $3.57 | $44,977 | $56,613 | 11.1 years |
| 20 kW | $3.49 | $48,888 | $63,989 | 10.8 years |
How to Save on Solar Panels
The solar installer you choose will influence not only your total costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should keep in mind, including:
- Installation Process: Make sure you’re on the same page with the company with regard to how the installation process will go and what you need to do before your solar system is installed, such as updating your electrical system or roof.
- Contract: It’s important to read your solar installer’s contract fully to understand what services they will provide, what the warranty covers and what you can expect about the cost.
- Warranty: A comprehensive, 25-year warranty can help keep your solar panel system running for a long time and save you money on part replacement and repairs.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to do the job well. Another way you can research your installer’s reputation is by reading reviews.
EcoWatch's Menomonee Falls, WI Solar Cost FAQs
What is the average cost of installing solar panels in Menomonee Falls?
The average cost of solar panels in Menomonee Falls 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 certain factors like the model of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in Menomonee Falls?
Leasing solar panels can be an attractive choice, as 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 incentives and your home value won’t increase. Buying solar panels is a better way to go if you want to maximize your savings.
Do solar panels increase how much your home is worth?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Menomonee Falls is currently $373,322, so you could be looking at a value of about $15,306 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Menomonee Falls is a rewarding investment.
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 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.