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.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Plymouth, the typical cost of solar panels is 4 per watt.To cover the typical energy usage of the average home in Plymouth, most homeowners require a 7.0-kilowatt system. Using the per-watt figure above, a solar installation costs about $18,934, or $27,076 before the federal solar tax credit of 0 is applied.
These figures are just estimates, and how much solar costs for you will differ based on factors unique to your home and what company you choose to go with.But, after you've paid the upfront cost of installation, the return on investment for most homeowners is typically good, with a net average savings of about $20,000 over 20 years on power bills.
To see your potential savings and connect with a local solar expert, click the button below.
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
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can be a headache. Taking advantage of a solar panel installer can make switching to solar power much easier. A solar installer can also help save you money in the long run by offering warranties, repairs and part replacements.
You can get a free estimate from a local solar installer on how much solar panels could cost for your home. Here are some near you:
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 Plymouth
Factors that Affect Solar Panel Costs in Plymouth
The cost of installing a solar system in Plymouth can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The largest one is the size of the system your home needs, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
The size of the solar panel system you need for your household, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $3,880. There are many different solar panel brands and the one you choose also changes the cost. Usually, the brands that have better efficiency tend to also be more expensive. 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 out of pocket is difficult, solar loans are a popular option because they cut back 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 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 more than the principal cost. Making a larger down payment or finding a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
A final factor to consider when trying to evaluate the cost of solar for your home or business in Plymouth is the company you hire to install your solar system. Similar to choosing a company to build a deck or pool, for instance, there are plenty of solar installers that provide a range of services at different price points.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 end up saving you 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 brand of solar panels and the installation company you choose significantly affects 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.
- Contract: It’s important to look over your solar installer’s contract well to understand what services they will provide, what the warranty covers and what you can expect about your solar system’s energy production.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and how much efficiency they need. Even though there are many options for which kind of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to ask for their list of options before deciding.
- Installation Process: Make sure you’re aligned with the company with regard to how the installation process will go and what needs to be done before your solar panels are installed, such as repairing your electrical system or roof.
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 Plymouth, WI Solar Cost FAQs
What is the average cost of installing solar panels in Plymouth?
This is a difficult question to answer exactly, because the cost depends on a few different factors. Broadly speaking, it costs about $19,400 for a 5-kW system and $38,800 for a 10-kW system after the ITC is applied. It will be more expensive if you want other solar equipment or higher quality panels, or if you have above-average energy consumption. Conversely, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
Can you get solar panels for 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 want 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 the value of your property by about 4%, according to research done by Zillow. The average home value in Plymouth is currently $291,911, which means you can expect a value of about $11,968 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Plymouth is a worthwhile investment.
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 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 buy between 20 and 35 panels to account for 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.