Solar Panel Cost Guide in Pewaukee, WI (2024 Update)
- Pewaukee Solar Installation Cost: $19,621
- 25-Year Savings: $27,625
- Payback Period: 12.0 Years
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Average Cost of Solar Panels in Pewaukee
Find out how much it might cost to go solar in Pewaukee.
The national average cost of solar panels is $2.66 per watt, but in Pewaukee it’s 4 per watt.The average solar panel system size in Pewaukee is around 7.2 kilowatts, meaning a cost of about $19,621 for a solar installation, or $28,058 before the 0 federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average Pewaukee 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.But, after you've paid the initial cost of installation, the ROI for most homeowners is usually good, with a net average savings of about $21,000 over 20 years on utility bills.
For a personalized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Pewaukee
Year | Return on Investment |
---|---|
1 years | $-18,326 |
3 years | $-15,735 |
5 years | $-13,144 |
7 years | $-10,553 |
9 years | $-7,962 |
11 years | $-5,371 |
13 years | $-2,780 |
15 years | $-189 |
17 years | $2,402 |
19 years | $4,993 |
21 years | $7,584 |
23 years | $10,175 |
25 years | $12,766 |
Top Solar Installers in Pewaukee
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can use up a lot of your time and energy. Using an installer can make switching to solar power much easier. The payback period on a solar system will vary based on factors like your roof configuration and energy consumption, but working with a solar company can shorten that period. Your provider will be able to help you apply for incentives available in your area.
Working with a professional solar company can help your solar project go smoothly. Here are our recommendations:
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 Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Pewaukee
Factors that Affect Solar Panel Costs in Pewaukee
For many Pewaukee homeowners, the decision to adopt solar energy depends on cost. However, the range of solar installation costs can be quite wide in Pewaukee, with typical prices between $20,000 to $40,000. There are various factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the cost of a solar panel system in Pewaukee, 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 determine by looking at past power bills. Your overall cost can increase by around $3,880 for each additional kilowatt you need.There are several different solar panel brands and the one you pick also affects the cost. Usually, the brands that have better efficiency tend to also be more expensive. Additionally, the type of equipment you’re looking to install 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
Most solar companies in Pewaukee offer solar loans, which reduce the initial cost of installing a solar system.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 making a larger down payment.
Solar Panel Installation Company
The solar installer you choose to handle your switch to solar energy can play a role in your total costs. There are about 3 solar panel companies operating in Pewaukee, and each can charge different amounts for labor and equipment.You may notice national solar installers that have lower prices because of their larger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or specials to compete with those larger 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 | $16,915 | 12.5 years |
8 kW | $3.96 | $22,163 | $22,988 | 12.3 years |
10 kW | $3.88 | $27,160 | $29,279 | 12.0 years |
12 kW | $3.80 | $31,940 | $35,786 | 11.8 years |
14 kW | $3.72 | $36,503 | $42,511 | 11.5 years |
16 kW | $3.65 | $40,849 | $49,453 | 11.3 years |
18 kW | $3.57 | $44,977 | $56,613 | 11.1 years |
20 kW | $3.49 | $48,888 | $63,989 | 10.8 years |
How to Save on Solar Panels
There are a lot of companies to choose from in Pewaukee, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be tough, so here are some tips to help you decide:
- Contract: When looking through your solar company’s contract, ask for clarification about any terms you’re not sure of and make sure you understand what happens in scenarios such as a system component breaking or if the company goes out of business.
- Installation Process: When making the switch to solar, it’s essential to maintain an open line of communication with your solar company. See to it that you understand how the installation process will go and the completion timeline.
- Warranty: Companies typically offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Solar Panel Brands: Each solar panel brand and kind has varying levels of quality, longevity and efficiency. They will come at different prices as well. The company you choose has an impact on which solar panel brands you have access to.
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 Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Pewaukee, WI Solar Cost FAQs
How much does it cost to install solar panels in Pewaukee?
The average cost of solar panels in Pewaukee 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 stuff such as the kind of solar panels you want, what size system you need and how much energy you use.
Is cost the most important thing to think about when buying solar panels?
The initial cost is a crucial factor to consider, but whether it’s the most important for you depends on why you decided to go solar. In places where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.
Does Pewaukee have a net metering program?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just give you credit toward your future energy bills.
How long do solar panels last in Pewaukee?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can decide to replace them after having 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.
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.