Solar Panel Cost Guide in Plymouth, WI (2024 Update)
- Plymouth Solar Installation Cost: $18,934
- 25-Year Savings: $23,779
- Payback Period: 13.0 Years
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Average Cost of Solar Panels in Plymouth
We break down average solar pricing in Plymouth.
In Plymouth, solar panels cost about 4 per watt on average.Using this figure, a typical 7.0-kW system would cost about $18,934 before the 0 federal solar tax credit is applied.
The actual price you pay can be higher or lower than the average in Plymouth based on a few factors, such as the brand of solar panels you choose and the solar installer you hire.With typical savings of about $20,000 on power bills over 20 years, many homeowners in Plymouth find investing in solar can pay off big.
You can click the button below to get connected with a pre-vetted solar installer in Plymouth that can help you get a more accurate cost estimate for your home.
Solar savings over time in Plymouth
| Year | Return on Investment |
|---|---|
| 1 years | $-17,639 |
| 3 years | $-15,048 |
| 5 years | $-12,457 |
| 7 years | $-9,866 |
| 9 years | $-7,275 |
| 11 years | $-4,684 |
| 13 years | $-2,093 |
| 15 years | $498 |
| 17 years | $3,089 |
| 19 years | $5,680 |
| 21 years | $8,271 |
| 23 years | $10,862 |
| 25 years | $13,453 |
Top Solar Installers in Plymouth
When going solar, many homeowners decide to use a solar company since handling can be a difficult project. Also, companies with a high reputation that cost more upfront could actually save you money in the long term with their warranties, repair services and expert design.
If you're on the hunt for a solar installer in Plymouth, the EcoWatch team has organized a list of our top suggestions here:
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 Plymouth
Factors that Affect Solar Panel Costs in Plymouth
While the average cost of a solar system in Plymouth is $18,934, your actual cost may differ. There are several factors that can have a major impact on the cost of a solar system installation. Below are some of the more important things to keep in mind.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. Because of that, it’s a priority to accurately assess the size of the solar energy system needed for your home by figuring out your average energy use.The brand of solar panels and equipment you get is another factor that will largely impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more expensive. Furthermore, solar equipment is more than just the solar panels themselves. You’ll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking into a solar system that falls within your budget.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be a challenge. Solar loans are offered by most installers in Plymouth, which can lower, or in some cases totally eliminate, your upfront costs to make solar more accessible.Although solar loans make switching to solar energy more accessible for Plymouth homeowners, they can also add to the total you pay for your system, depending on your interest rate. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The final key cost factor you should take into consideration is the installer you choose. Given the booming popularity of green energy solutions in Plymouth, you’ll have lots of options to choose from, but each comes at varying price points for labor and equipment.Additionally, some companies in Plymouth are more knowledgeable about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for that service. 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 | $14,438 | 13.5 years |
| 8 kW | $3.96 | $22,163 | $19,685 | 13.2 years |
| 10 kW | $3.88 | $27,160 | $25,149 | 13.0 years |
| 12 kW | $3.80 | $31,940 | $30,831 | 12.7 years |
| 14 kW | $3.72 | $36,503 | $36,730 | 12.5 years |
| 16 kW | $3.65 | $40,849 | $42,846 | 12.2 years |
| 18 kW | $3.57 | $44,977 | $49,180 | 11.9 years |
| 20 kW | $3.49 | $48,888 | $55,731 | 11.7 years |
How to Save on Solar Panels
Since the model of solar panels and the installation company you choose has an impact on 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:
- Warranty: If you’re worried about the durability of your solar panels, making sure your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Contract: It’s important to read through your solar installer’s contract closely to understand what services they will provide, what the warranty covers and what you can expect about the installation process.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and energy needs. Even though there are many options for which model of solar panel you can get, not every company will have the exact one you may want or need, so be sure to ask for their list of options before making your decision.
- Installation Process: Get details from your solar company about the installation process and what to expect, such as when the site survey will be completed and how long it will take.
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 Plymouth, WI Solar Cost FAQs
What is the average cost of installing solar panels in Plymouth?
The average cost of solar panels in Plymouth 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 model of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Plymouth?
You can’t get solar panels for free in Plymouth. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d prefer to own your solar panels, you can finance them with a solar loan.
How will solar panels impact how much my home is worth?
Solar panels can increase your home value significantly as long as you buy or finance your panels and don’t go for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing a solar system."
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 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 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.