Solar Panel Cost Guide in Milton, WI (2025 Update)
- Milton Solar Installation Cost: $19,674
- 25-Year Savings: $24,141
- Payback Period: 13.2 Years
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Average Cost of Solar Panels in Milton
Find out what the average cost of solar panel installation is in Milton.
While the national average of solar panels is $2.66 per watt, solar panels in Milton generally cost about 4.Because a 7.2-kW system is needed to cover the energy consumption of a typical home in Milton, the average price of going solar will be about $19,674 after claiming the federal solar tax credit of 0.
Bear in mind that the figures above are only estimates based on the average energy use of Milton homeowners. The price of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor.But, after you've paid the upfront cost of installation, the payback for most homeowners is quite good, with a net average savings of about $20,000 over 20 years on energy bills.
Click the button below to get connected to a top solar company in your area for a personalized quote.
Solar savings over time in Milton
| Year | Return on Investment |
|---|---|
| 1 years | $-18,379 |
| 3 years | $-15,788 |
| 5 years | $-13,197 |
| 7 years | $-10,606 |
| 9 years | $-8,015 |
| 11 years | $-5,424 |
| 13 years | $-2,833 |
| 15 years | $-242 |
| 17 years | $2,349 |
| 19 years | $4,940 |
| 21 years | $7,531 |
| 23 years | $10,122 |
| 25 years | $12,713 |
Top Solar Installers in Milton
Trying to put up solar panels on your own can be a dangerous task, which is why getting a solar installation company is a good option for many homeowners. Since solar panels are exposed to rain, snow, hail and wind, depending on the climate, warranties and repairs from your solar installer can help you get the most out of your investment in solar panels by avoiding potential costs down the line.
If you’d like to make the switch to solar but still aren’t sure which solar installer to go with, here are our recommendations for providers in Milton:
See all of the solar companies in Milton
Factors that Affect Solar Panel Costs in Milton
For many Milton homeowners, the decision to install a solar energy system depends on cost. However, the range of solar installation costs can be quite wide in Milton, with typical prices between $20,000 to $40,000. There are various factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
The size of the solar system you need to offset your energy usage, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $3,880. There are many different solar panel brands and the one you pick also affects the cost. Generally, the brands that are more efficient tend to also cost more. Additionally, the type of equipment you want to install can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be challenging. Solar loans are offered by most installers in Milton, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more accessible.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 can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the original cost. Making a larger down payment or getting a solar loan with a low interest rate could reduce your costs considerably.
Solar Panel Installation Company
The solar panel installer you select will influence your total cost to go solar. Different companies will bill different amounts for the equipment and labor.Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It’s best to do some research and choose a company that offers the products, warranties and services you’re looking for and also fits within your budget.
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 | $13,967 | 13.7 years |
| 8 kW | $3.96 | $22,163 | $19,058 | 13.4 years |
| 10 kW | $3.88 | $27,160 | $24,365 | 13.2 years |
| 12 kW | $3.80 | $31,940 | $29,890 | 12.9 years |
| 14 kW | $3.72 | $36,503 | $35,633 | 12.7 years |
| 16 kW | $3.65 | $40,849 | $41,592 | 12.4 years |
| 18 kW | $3.57 | $44,977 | $47,769 | 12.1 years |
| 20 kW | $3.49 | $48,888 | $54,163 | 11.9 years |
How to Save on Solar Panels
There are many companies available in Milton, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be challenging, so here are some tips to help you decide:
- Warranty: A comprehensive, 25-year warranty can help keep your solar panel system running for a long time and save you money on repairs and maintenance.
- Reputation: Long-running companies likely have a good reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
- Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you choose.
- Contract: Read the contract terms carefully to make sure you understand the overall cost, project completion timeline incentives and warranties.
EcoWatch's Milton, WI Solar Cost FAQs
How much does it cost to install solar panels in Milton?
This is a hard question to answer exactly, because the cost depends on many 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 be more expensive if you want other solar equipment or more efficient panels, or if you have higher-than-average energy usage. Conversely, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
Can you get solar panels for free in Milton?
You can’t get solar panels for free in Milton. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d rather own your solar panels, you can finance them with a solar loan.
Does Milton have a net metering program?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just give you credit toward your future energy bills.
How long do solar panels last in Milton?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is their energy production will have decreased significantly after that point. You can choose to replace them once you've had them for that long or you can keep using them at a lower efficiency.
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.