Solar Panel Cost Guide in Oconto, WI (2025 Update)
- Oconto Solar Installation Cost: $19,531
- 25-Year Savings: $24,142
- Payback Period: 13.1 Years
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Average Cost of Solar Panels in Oconto
Find out what the average cost of a solar system is in Oconto.
While the national average of solar panels is $2.66 per watt, solar panels in Oconto typically cost around 4.The average solar panel system size in Oconto is around 7.2 kilowatts, meaning a cost of about $19,531 for a solar installation, or $27,929 before the 0 federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average Oconto homeowner. The cost of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.With typical savings of about $20,000 on utility bills over 20 years, many homeowners in Oconto find installing solar panels can be quite rewarding.
You can click the button below to get connected with a pre-vetted solar installer in Oconto for a quote for your home.
Solar savings over time in Oconto
| Year | Return on Investment |
|---|---|
| 1 years | $-18,393 |
| 3 years | $-16,116 |
| 5 years | $-13,839 |
| 7 years | $-11,561 |
| 9 years | $-9,284 |
| 11 years | $-7,007 |
| 13 years | $-4,730 |
| 15 years | $-2,453 |
| 17 years | $-176 |
| 19 years | $2,102 |
| 21 years | $4,379 |
| 23 years | $6,656 |
| 25 years | $8,933 |
Top Solar Installers in Oconto
Many homeowners choose to use a solar panel installer since figuring out how to install solar panels by yourself can be a lot of work. Plus, if you’re unsure what brand of solar panels and equipment you want, a solar installer can help you figure that out after a site survey and consultation.
If you’d like to switch to solar energy but still aren’t sure which solar system installer to go with, here are our suggestions for providers in Oconto:
See all of the solar companies in Oconto
Factors that Affect Solar Panel Costs in Oconto
Though the average cost of a solar system in Oconto is $19,531, your actual cost may be higher or lower than that. There are quite a few factors that can have a major impact on the cost of a solar panel installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
When it comes to estimating the cost of a solar panel system in Oconto, one of the most crucial 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 consumption, which you can figure out by looking at past power bills. Your total cost can increase by around $3,880 for each additional kilowatt you need.There are a lot of different solar panel brands and the one you pick also affects the cost. Generally speaking, the brands that offer higher efficiency tend to also cost more. In addition, the type of equipment you choose can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on power bills over many years, but they can also be a significant investment. That’s why many Oconto homeowners opt to finance their solar panel systems to offset upfront costs.However, the interest on solar loans also increases your overall costs, so it’s crucial to consider that as well. You can always reduce the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
The solar installer you opt for to handle your switch to renewable energy can have an effect on your total costs. There are about 3 solar installation companies operating in Oconto, and each can charge different amounts for labor and equipment.You may come across national solar installers that have lower prices because of their larger brand name and access to bulk prices, or you might see small, local installation companies offering deals or specials to compete with those major players.
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 | $14,115 | 13.6 years |
| 8 kW | $3.96 | $22,163 | $19,254 | 13.4 years |
| 10 kW | $3.88 | $27,160 | $24,611 | 13.1 years |
| 12 kW | $3.80 | $31,940 | $30,185 | 12.9 years |
| 14 kW | $3.72 | $36,503 | $35,977 | 12.6 years |
| 16 kW | $3.65 | $40,849 | $41,985 | 12.3 years |
| 18 kW | $3.57 | $44,977 | $48,211 | 12.1 years |
| 20 kW | $3.49 | $48,888 | $54,655 | 11.8 years |
How to Save on Solar Panels
Since the type of solar panels and the company you choose considerably influences your costs and your system’s durability and efficiency, it’s important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Contract: Read the contract terms thoroughly to make sure you understand how much it will cost, project completion timeline incentives and warranties.
- 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 the EcoWatch team.
- Installation Process: Make sure you’re on the same page with the installer in regard to how the installation process will go and what needs to be done before your solar panel system is installed, such as updating or replacing your electrical system or roof.
- Warranty: A comprehensive, 25-year warranty can help keep your solar panels running for years to come and save you money on part replacement and repairs.
EcoWatch's Oconto, WI Solar Cost FAQs
What is the average cost of installing solar panels in Oconto?
This is a difficult question to answer precisely, because the cost depends on a variety of 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 cost more if you want additional solar equipment or more efficient panels, or if you have above-average energy usage. On the other hand, you can spend less if you want a smaller solar panel system or cheaper solar panels.
Is cost the most important consideration when buying solar panels?
Cost is a very important factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In places where rooftop space is limited, efficiency can trump the cost. Other factors that are important to consider are the quality and durability of your solar panels.
Can solar panels significantly reduce my energy bills?
Solar panels can potentially eliminate your electricity bills depending on where you’re located and how much sunlight your home gets. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $1,035.43 per year.
How long do solar panels last in Oconto?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is how much energy they produce will have decreased significantly after that point. You can opt to replace them once you've had them for that long or you can continue to use 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.