Solar Panel Cost Guide in Pleasant Valley, WI (Mar 2023)
- Pleasant Valley Solar Installation Cost: $13,486
- 25-Year Savings: $23,602
- Payback Period: 9.1 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Pleasant Valley
We go over average solar pricing in Pleasant Valley.
The national average cost of solar panels is $2.66 per watt, but in Pleasant Valley it's 2.6 per watt. Using this figure, a typical 7.4-kW system would cost about $13,486 before the 30% federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you'll end up paying for solar may vary based on your household energy needs, the type of solar system you want to get, your solar contractor and more. For many homeowners, the upfront investment in solar panels is worth paying. On average you could be looking at about $19,000 in savings on energy bills over 20 years.
To calculate your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in Pleasant Valley
Year | Return on Investment |
---|---|
1 years | $-12,003 |
3 years | $-9,036 |
5 years | $-6,069 |
7 years | $-3,102 |
9 years | $-135 |
11 years | $2,832 |
13 years | $5,799 |
15 years | $8,766 |
17 years | $11,733 |
19 years | $14,700 |
21 years | $17,668 |
23 years | $20,635 |
25 years | $23,602 |
Top Solar Installers in Pleasant Valley
Although you can install solar panels by yourself, it involves extra labor and know-how. Because of that, almost all homeowners choose to hire a solar panel installer. A solar installer can also help save you money over the lifespan of your system by offering warranties, repairs and component replacements.
You can get a free estimate from a local solar installer on the cost of solar panels for your home. Here are some near you:
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 Pleasant Valley
Factors that Affect Solar Panel Costs in Pleasant Valley
Cost is typically one of the most important factors for homeowners who want to invest in solar. There are a few primary factors that will push your cost above or below the average in Pleasant Valley: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
Solar Equipment
One of the most important factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more energy your household consumes, the larger your system will likely need to be. You can expect to spend about $2,600 per kilowatt in Pleasant Valley. There are several different solar panel brands and the one you choose also affects the cost. Usually, the brands that have better efficiency tend to also cost more. Plus, the type of equipment you're looking to get can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
If paying for a solar system in cash is too expensive, solar loans are an affordable option because they reduce your upfront costs and allow you to pay for your system over five to seven years on average. When estimating your overall cost, you should also calculate the interest you'll pay if you go with a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
A final factor to consider when trying to figure out the cost of solar for your home or business in Pleasant Valley is the company you get to install your solar panel system. Similar to choosing a company to install new cabinets, for instance, there are plenty of solar installers that offer a range of services for different budgets. Additionally, some companies in Pleasant Valley know more about local solar incentives and can help you make good use of additional rebates or tax exemptions. However, 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 | $2.70 | $11,357 | $18,684 | 9.5 years |
8 kW | $2.65 | $14,851 | $25,203 | 9.3 years |
10 kW | $2.60 | $18,200 | $31,867 | 9.1 years |
12 kW | $2.55 | $21,403 | $38,678 | 8.9 years |
14 kW | $2.50 | $24,461 | $45,634 | 8.7 years |
16 kW | $2.44 | $27,373 | $52,735 | 8.5 years |
18 kW | $2.39 | $30,139 | $59,982 | 8.4 years |
20 kW | $2.34 | $32,760 | $67,375 | 8.2 years |
How to Save on Solar Panels
Since the kind of solar panels and the installation company you choose greatly influences your costs and your system's durability and efficiency, it's important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Warranty: Many companies offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- 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 install your solar system. Another way you can check your installer's reputation is by reading reviews.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and how much efficiency they need. While there are many options for which model of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you take a look at their list of options before making your decision.
- Contract: Look through the contract terms carefully to make sure you understand the cost breakdown, project timeline incentives and warranties.
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 Pleasant Valley, WI Solar Cost FAQs
How much does it cost to install solar panels in Pleasant Valley?
This is a hard question to answer exactly, because the cost depends on many factors. Broadly speaking, it costs about $13,000 for a 5-kW system and $26,000 for a 10-kW system after the ITC is applied. It will be more expensive if you want other solar equipment or more efficient panels, or if you have higher-than-average energy consumption. On the other hand, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
Can you get solar panels for free in Pleasant Valley?
Solar panels aren't free in Pleasant Valley, 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 going solar worth it?
Solar panels can be a beneficial investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your power bills are already fairly low, solar panels might not be for you.
How many solar panels do I need to power my home?
To figure out what solar panel system size you need, you should find out how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average household 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.