Solar Panel Cost Guide in Norway, WI (2025 Update)
- Norway Solar Installation Cost: $18,973
- 25-Year Savings: $28,059
- Payback Period: 11.6 Years
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Average Cost of Solar Panels in Norway
We go over average solar pricing in Norway.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Norway, the average cost of solar panels is 4 per watt.To account for the typical energy usage of the average home in Norway, most homeowners require a 7.0-kilowatt system. Using the per-watt figure above, a solar installation costs around $18,973, or $27,131 before the federal solar tax credit of 0 is applied.
The true price you pay can be above or below the average in Norway based on a variety of factors, such as the model of solar panels you choose and the solar installer you hire.With typical savings of about $22,000 on utility bills over 20 years, many homeowners in Norway find installing solar panels can pay off big.
To get a free quote from a highly rated solar company in Norway, you can click the button below.
Solar savings over time in Norway
| Year | Return on Investment |
|---|---|
| 1 years | $-17,678 |
| 3 years | $-15,087 |
| 5 years | $-12,496 |
| 7 years | $-9,905 |
| 9 years | $-7,314 |
| 11 years | $-4,723 |
| 13 years | $-2,132 |
| 15 years | $459 |
| 17 years | $3,050 |
| 19 years | $5,641 |
| 21 years | $8,232 |
| 23 years | $10,823 |
| 25 years | $13,414 |
Top Solar Installers in Norway
Many homeowners choose to hire a solar installer since trying to install solar panels on your own can be time-consuming. Some solar companies, especially local ones, can help you make the most of incentives in Norway, thereby optimizing your ROI.
There are a number of licensed solar professionals that can install solar panels for you. Here are our suggestions:
See all of the solar companies in Norway
Factors that Affect Solar Panel Costs in Norway
There are several factors that can influence your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. That’s why it’s a priority to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs.The solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. On the other hand, more efficient panels could save you more in the long run on your energy bills. Additionally, extra products, like solar batteries, can bump up your total well above the Norway average.
Solar Financing Terms
Solar panels can save you money on utility bills over many years, but they can also be a big investment. That’s why many Norway homeowners choose to finance their solar panel systems to offset upfront costs.However, the interest on solar loans also increases your overall costs, so it’s vital to consider that as well. You can always bring down the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
Lastly, the company you hire to install your solar panel system can play a part in determining the cost. Norway’s solar companies all have different labor costs and add varying upcharges to equipment. The size of the company sometimes plays the most considerable role in the cost. Larger national companies, like SunPro and Sunrun, often have lower prices because of greater resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing lower 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 | $18,072 | 12.1 years |
| 8 kW | $3.96 | $22,163 | $24,531 | 11.9 years |
| 10 kW | $3.88 | $27,160 | $31,206 | 11.6 years |
| 12 kW | $3.80 | $31,940 | $38,099 | 11.4 years |
| 14 kW | $3.72 | $36,503 | $45,210 | 11.2 years |
| 16 kW | $3.65 | $40,849 | $52,538 | 10.9 years |
| 18 kW | $3.57 | $44,977 | $60,082 | 10.7 years |
| 20 kW | $3.49 | $48,888 | $67,845 | 10.5 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you opt for.
- Reputation: Make sure your solar company has a good reputation by verifying it has certifications and licenses, checking its number of years in business and reading reviews by past customers and solar experts like EcoWatch.
- Contract: Look through the contract terms carefully to make sure you understand the overall cost, project completion timeline incentives and warranties.
- Installation Process: Make sure you’re on the same page with the installer regarding how the installation process will go and what you need to do before your solar panel system is installed, such as updating or replacing your electrical system or roof.
EcoWatch's Norway, WI Solar Cost FAQs
What is the average cost of installing solar panels in Norway?
The average cost of solar panels in Norway is about $19,400 for a 5-kW system and $38,800 for a 10-kW system before the ITC, but the real cost will depend on things such as the model of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Norway?
A solar panel system isn’t free in Norway, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Is it worth going solar in Norway?
Whether or not solar panels are worth it depends on a variety of factors like local electricity rates and how much direct sunlight your roof gets.
How long do solar panels last in Norway?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is their energy production will have decreased significantly after that point. You can choose to replace them after having them for that long or you can keep using them at a lower efficiency.
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