Solar Panel Cost Guide in Peshtigo, WI (2023 Update)
- Peshtigo Solar Installation Cost: $19,779
- 25-Year Savings: $22,154
- Payback Period: 14.0 Years
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Updated October 25, 2023
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Average Cost of Solar Panels in Peshtigo
We break down average solar pricing in Peshtigo.
While the national average of solar panels is $2.66 per watt, solar panels in Peshtigo typically cost around 4.To account for the typical energy usage of the average home in Peshtigo, most homeowners require a 7.3-kilowatt system. Using the figure above, a solar installation costs around $19,779, or $28,284 before the federal solar tax credit of 0 is applied.
Bear in mind that the figures above are only estimates based on the average energy use of Peshtigo homeowners. The price 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 average savings of about $18,000 on utility bills over 20 years, many homeowners in Peshtigo find installing solar panels can pay off big.
To calculate your potential ROI and connect with a local solar expert, click the button below.
Solar savings over time in Peshtigo
| Year | Return on Investment |
|---|---|
| 1 years | $-18,641 |
| 3 years | $-16,363 |
| 5 years | $-14,086 |
| 7 years | $-11,809 |
| 9 years | $-9,532 |
| 11 years | $-7,255 |
| 13 years | $-4,978 |
| 15 years | $-2,700 |
| 17 years | $-423 |
| 19 years | $1,854 |
| 21 years | $4,131 |
| 23 years | $6,408 |
| 25 years | $8,685 |
Top Solar Installers in Peshtigo
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can be a pain. Using a solar panel installer can make converting to solar power much easier. Companies can also have access to various kinds of the best solar panels and help you choose which one will be best for your family.
If you’d like to start using solar energy but still aren’t certain which solar panel company to go with, here are our recommendations for providers near you:
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 Peshtigo
Factors that Affect Solar Panel Costs in Peshtigo
There are several criteria that can determine your 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
The size of the solar panel system you need, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $3,880. The brand of solar panels and equipment you get is another factor that will largely influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Further, solar equipment consists of more than just the solar panels themselves. You’ll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when searching for a solar system that falls within your budget.
Solar Financing Terms
If paying for a solar system in cash is out of reach, solar loans are an affordable choice because they lower your upfront costs and let you pay for your system over five to seven years on average.You’ll have to consider the long-term cost of loans, including the amount of interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the original cost. Making a larger down payment or getting a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
The solar company you go with to handle your switch to renewable energy can play a role in your total costs. There are about 3 solar installation companies in Peshtigo, and each can charge varying amounts for labor and equipment.The size of the company can sometimes play the most significant role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower prices due to greater resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing down 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 | $12,225 | 14.5 years |
| 8 kW | $3.96 | $22,163 | $16,735 | 14.2 years |
| 10 kW | $3.88 | $27,160 | $21,461 | 14.0 years |
| 12 kW | $3.80 | $31,940 | $26,406 | 13.7 years |
| 14 kW | $3.72 | $36,503 | $31,567 | 13.4 years |
| 16 kW | $3.65 | $40,849 | $36,946 | 13.1 years |
| 18 kW | $3.57 | $44,977 | $42,542 | 12.8 years |
| 20 kW | $3.49 | $48,888 | $48,355 | 12.6 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Contract: Before you sign a contract with a solar installer, make sure you read it through carefully so you understand the terms. Also, ask questions if you’re not sure about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
- Warranty: A quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to get the job done well. Another way you can look into your installer’s reputation is by reading reviews.
- Installation Process: When going solar, it’s essential to keep an open line of communication with your solar panel company. See to it that you understand how the installation process will go and the completion timeline.
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 Peshtigo, WI Solar Cost FAQs
What is the average cost of installing solar panels in Peshtigo?
This is a difficult question to answer exactly, because the cost depends on a few different 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. You can expect to pay more if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy consumption. Conversely, you can spend less if you go with a smaller solar panel system or less efficient solar panels.
Is cost the most important consideration when buying solar panels?
Cost is definitely one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Does Peshtigo have a net metering program?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just offer you credit toward your future utility bills.
How many solar panels do I need to power my home?
To figure out how many solar panels you need, you should find out how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average house will need 20 to 35 panels.
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.