Solar Panel Cost Guide in New Berlin, WI (2023 Update)
- New Berlin 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 New Berlin
Let's have a look at the average cost of solar in New Berlin.
In New Berlin, solar panels cost about 2.6 per watt on average. Using this figure, a typical 7.2-kW system would cost about $13,140 before the 30% federal solar tax credit is applied.
How much you pay can be above or below the average in New Berlin based on a few factors, such as the brand of solar panels you choose and the solar installer you hire. With average savings of about $21,000 on electricity bills over 20 years, many homeowners in New Berlin find investing in solar has a decent ROI.
To calculate your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in New Berlin
| 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 New Berlin
When switching to solar energy, many homeowners decide to hire a solar installer since handling can be a time-consuming project. Companies can also offer access to quality options of the best solar panels and help you pick which one will be right for your family.
Working with a vetted solar installer can help your solar project go smoothly. Here are our recommendations:
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 New Berlin
Factors that Affect Solar Panel Costs in New Berlin
The cost of installing a solar system in New Berlin can vary by more than $10,000 from home to home. Your actual cost is dependent 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 a solar panel system in New Berlin, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home's energy usage, which you can gauge by looking at past power bills. Your overall cost can increase by around $2,600 for each additional kilowatt you need. There are several different solar panel brands and the one you pick also affects the cost. In many cases, the brands that offer higher efficiency tend to also be more expensive. Plus, the type of equipment you choose can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar installers in New Berlin provide solar loans, which reduce the initial cost of installing solar panels. However, the interest on solar loans also adds to your all-in costs, so it's important to take that into consideration as well. You can always reduce the total you pay in interest and in some cases even your APR by putting more money down.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in New Berlin is the company you get to install your solar panel system. As with choosing a company to install new cabinets, for example, there's no shortage of solar installers that provide a range of services for different budgets. 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 cost more. It's best to do some research and find 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 | $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
The solar company you go with will impact 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 a few important things you should take into account, such as:
- 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 the cost.
- Installation Process: When going solar, it's necessary to keep an open line of communication with your solar installer. See to it that you understand how the installation process works and the project timeline.
- Reputation: Long-running companies likely have a solid reputation. This is important because it ensures that it will not only see your solar project through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
- Solar Panel Brands: The brand of solar panel you'd like to install plays a part in which company you should opt for, since different companies have different panels.
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 New Berlin, WI Solar Cost FAQs
How much does it cost to install solar panels in New Berlin?
The average cost of solar panels in New Berlin is about $13,000 for a 5-kW system and $26,000 for a 10-kW system before the ITC, but the actual cost will depend on certain factors such as the model of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in New Berlin?
You can't get solar panels for free in New Berlin. 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 prefer to own your solar panels, you can finance them with a solar loan.
Is making the switch to 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.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy needs and how much sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to account for their typical energy usage.
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.