Solar Panel Cost Guide in Oneida, WI (2024 Update)
- Oneida Solar Installation Cost: $19,712
- 25-Year Savings: $23,906
- Payback Period: 13.3 Years
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Average Cost of Solar Panels in Oneida
We go over average solar pricing in Oneida.
While the national average of solar panels is $2.66 per watt, solar panels in Oneida typically cost about 4.The average Oneida homeowner needs a 7.3-kilowatt system, which would cost about $19,712 with the federal tax credit, or $28,188 before the 0 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 installing solar panels can vary based on a few factors, such as what size system you need, your energy consumption and what solar installer you go with.With average savings of about $19,000 on power bills over 20 years, many homeowners in Oneida find going solar has a decent ROI.
For a free quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Oneida
| Year | Return on Investment |
|---|---|
| 1 years | $-18,447 |
| 3 years | $-15,919 |
| 5 years | $-13,391 |
| 7 years | $-10,863 |
| 9 years | $-8,335 |
| 11 years | $-5,806 |
| 13 years | $-3,278 |
| 15 years | $-750 |
| 17 years | $1,778 |
| 19 years | $4,306 |
| 21 years | $6,835 |
| 23 years | $9,363 |
| 25 years | $11,891 |
Top Solar Installers in Oneida
Trying to install solar panels yourself can be a dangerous task, which is why using a solar installer is a good option for many homeowners. Companies can also provide access to various kinds of the best solar panels and help you decide which one will be best for your family.
If you're looking for a solar installer in Oneida, the EcoWatch team has compiled a list of our top suggestions here:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
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 Oneida
Factors that Affect Solar Panel Costs in Oneida
The cost of installing a solar system in Oneida can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The most significant one is the size of the system your household needs, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
The size of the solar panel system you need for your household, 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 nearly $3,880. The model of solar panels and equipment you choose is another factor that will substantially influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Further, solar equipment consists of more than just the solar panels themselves. You’ll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when researching a solar system that falls within your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Oneida to be prohibitively steep, even if the investment pays off over time. Thankfully, nearly every solar installer in the area provides access to financing options. Solar loans greatly decrease upfront costs in most cases, but they also result in a higher cost over time because of interest.You’ll have to consider the long-term cost of financing options, including the total 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 above the equipment and labor cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs considerably.
Solar Panel Installation Company
The solar installer you select will play a role in your total cost to go solar. Different companies will bill different amounts for the equipment and labor.Additionally, some companies in Oneida are more knowledgeable about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save 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 | $4.04 | $16,948 | $13,736 | 13.8 years |
| 8 kW | $3.96 | $22,163 | $18,749 | 13.5 years |
| 10 kW | $3.88 | $27,160 | $23,979 | 13.3 years |
| 12 kW | $3.80 | $31,940 | $29,427 | 13.0 years |
| 14 kW | $3.72 | $36,503 | $35,092 | 12.7 years |
| 16 kW | $3.65 | $40,849 | $40,974 | 12.5 years |
| 18 kW | $3.57 | $44,977 | $47,074 | 12.2 years |
| 20 kW | $3.49 | $48,888 | $53,391 | 11.9 years |
How to Save on Solar Panels
There are a large number of companies to choose from in Oneida, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, so here are some tips to help you decide:
- Installation Process: When making the switch to solar, it’s important to maintain an open line of communication with your solar panel company. Make sure you understand how the installation process works and the project timeline.
- Warranty: If you care about the endurance of your solar system, verifying that your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Reputation: Solar system installers that have great reviews from their customers and that have been operating for many years in most cases provide high-quality solar panel installation and expertise.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and how much efficiency they need. Although there are many options for which brand of solar panel you can get, not every company will have the exact one you may want or need, so be sure to take a look at their list of offerings before making your decision.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
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 Oneida, WI Solar Cost FAQs
What is the average cost of installing solar panels in Oneida?
The average cost of solar panels in Oneida is about $19,400 for a 5-kW system and $38,800 for a 10-kW system before the ITC, but the actual cost will depend on certain factors like the model of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Oneida?
Leasing solar panels can be an attractive choice, because it typically comes with low or $0 upfront payments. The drawback is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any incentives and your home value won’t increase. Buying solar panels is a better way to go if you want to get the most savings.
Is making the switch to solar worth it?
Solar panels can be a fruitful investment for a majority of homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your energy bills are already fairly low, solar panels might not be for you.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and the average daily 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 install between 20 and 35 panels to cover 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.