Solar Panel Cost Guide in Muskego, WI (2023 Update)
- Muskego Solar Installation Cost: $13,148
- 25-Year Savings: $27,625
- Payback Period: 8.1 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Muskego
We break down average solar pricing in Muskego.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Muskego, the typical cost of solar panels is 2.6 per watt. The average Muskego homeowner needs a 7.2-kilowatt system, which would cost about $13,140 with the federal tax credit, or $18,790 before the 30% tax credit is applied.
The prices above are just estimates to give you an idea of how much a solar panel system could cost. The exact cost of making the switch to solar can vary quite a bit depending on a few factors, such as how many panels you need, your energy consumption and what company you go with. Even with the high upfront cost, the average Muskego homeowner can save around $21,000 on their energy bills over 20 years, which is one of the advantages of solar.
To see your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in Muskego
| Year | Return on Investment |
|---|---|
| 1 years | $-11,853 |
| 3 years | $-9,262 |
| 5 years | $-6,671 |
| 7 years | $-4,080 |
| 9 years | $-1,489 |
| 11 years | $1,102 |
| 13 years | $3,693 |
| 15 years | $6,284 |
| 17 years | $8,875 |
| 19 years | $11,466 |
| 21 years | $14,057 |
| 23 years | $16,648 |
| 25 years | $19,239 |
Top Solar Installers in Muskego
Although you can install solar panels yourself, it involves extra effort and know-how. For that reason, the majority of homeowners choose to go with a solar panel installer. Companies can also have access to a large variety of the best solar panels and help you choose which one will be best for you.
There are several licensed solar professionals that can install solar panels for you. Here are our suggestions:
Best Social Impact
Palmetto Solar
- 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 Muskego
Factors that Affect Solar Panel Costs in Muskego
Even though the average cost of a solar system in Muskego is $13,140, your actual cost may differ. There are several factors that can have a major impact on the cost of a solar panel installation. Below are some of the more important things to take into consideration.
Solar Equipment
The size of the solar system you need for your home, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $2,600. Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Muskego, where sunlight is relatively abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for a solar system in cash is too expensive, solar loans are a popular choice because they lower your upfront costs and let you pay for your system over a term of, on average, between five and seven years. It's wise to include the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it'll take to pay back the loan.
Solar Panel Installation Company
The remaining key cost factor you should take into consideration is the installer you choose. Given the booming popularity of clean energy solutions in Muskego, you'll have plenty of options to choose from, but each comes at various price points for labor and equipment. Additionally, some companies in Muskego have more knowledge about local solar incentives and can help you make good use of additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. 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 | $2.70 | $11,357 | $22,506 | 8.4 years |
| 8 kW | $2.65 | $14,851 | $30,300 | 8.2 years |
| 10 kW | $2.60 | $18,200 | $38,239 | 8.1 years |
| 12 kW | $2.55 | $21,403 | $46,323 | 7.9 years |
| 14 kW | $2.50 | $24,461 | $54,553 | 7.7 years |
| 16 kW | $2.44 | $27,373 | $62,929 | 7.6 years |
| 18 kW | $2.39 | $30,139 | $71,450 | 7.4 years |
| 20 kW | $2.34 | $32,760 | $80,117 | 7.3 years |
How to Save on Solar Panels
Since the type of solar panels and the installer you choose significantly impacts your costs and your system's durability and efficiency, it's important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Reputation: Long-standing 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 service, such as part repairs and replacements.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar panel system running for years to come and save you money on repairs and maintenance.
- Contract: It's important to read your solar installer's contract closely to understand what services they will provide, what the warranty covers and what you can expect about your solar system's energy production.
- Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, durability and efficiency. They will come at different costs as well. The company you choose plays a role in which solar panel brands you have access to.
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
EcoWatch's Muskego, WI Solar Cost FAQs
How much does it cost to install solar panels in Muskego?
The average cost of solar panels in Muskego is about $13,000 for a 5-kW system and $26,000 for a 10-kW system before the ITC, but the real cost will depend on things like the type of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Muskego?
You can't get solar panels for free in Muskego. However, you may still be able to install 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.
Can you sell solar power back to the grid in Muskego?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future energy bills.
How long do solar panels last in Muskego?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount of energy production.
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.