Solar Panel Cost Guide in Pulaski, WI (2023 Update)
- Pulaski Solar Installation Cost: $13,000
- 25-Year Savings: $25,411
- Payback Period: 8.5 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Pulaski
Let's have a look at the average cost of solar panels in Pulaski.
The average cost of a solar system in Pulaski is 2.6 per watt. To cover the typical energy usage of the average home in Pulaski, most homeowners require a 7.1-kilowatt system. Using the per-watt figure above, a solar installation costs around $12,995, or $18,583 before the federal solar tax credit of 30% is applied.
Remember that the numbers above are only averages. The price you'll pay for solar may look quite different based on your household energy needs, the type of solar panels you want to get, your solar contractor and more. Many homeowners find going solar is a rewarding investment. The average homeowner in Pulaski can save about $20,000 on their electricity bills over 20 years.
You can click the button below to get connected with a top solar company in Pulaski for a quote for your home.
Solar savings over time in Pulaski
Year | Return on Investment |
---|---|
1 years | $-11,704 |
3 years | $-9,113 |
5 years | $-6,522 |
7 years | $-3,931 |
9 years | $-1,341 |
11 years | $1,250 |
13 years | $3,841 |
15 years | $6,432 |
17 years | $9,023 |
19 years | $11,614 |
21 years | $14,205 |
23 years | $16,796 |
25 years | $19,387 |
Top Solar Installers in Pulaski
Installing solar panels by yourself can be a difficult project, which is why using a solar installer is a good option for many homeowners. A solar company can also help save you money over the lifespan of your system by offering warranties, repairs and system component replacements.
You can get a free quote from a local solar installer on how much solar panels could cost for your home. Here are some 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 Pulaski
Factors that Affect Solar Panel Costs in Pulaski
For many Pulaski homeowners, the decision to go solar comes down to cost. However, the range of solar installation costs can be quite wide in Pulaski, with typical prices between $20,000 to $40,000. There are numerous factors that greatly influence the price you'll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the price of a solar energy system in Pulaski, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home's energy consumption, which you can gauge by looking at past electricity bills. Your total cost can increase by about $2,600 for each additional kilowatt you need. The kind of solar panels and equipment you choose is another factor that will considerably affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Plus, solar equipment is more than just the solar panels themselves. You'll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when researching a solar system that's in your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Pulaski to be too steep, even if the investment pays off over time. Thankfully, nearly every solar company in the area offers financing options. Solar loans remarkably decrease upfront costs for most homeowners, but they also lead to higher prices over time because of interest. 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 principal cost. Making a larger down payment or getting a solar loan with a low interest rate could reduce your costs considerably.
Solar Panel Installation Company
The solar panel installer you pick will impact your total cost to adopt solar energy. Different companies will bill different amounts for the equipment and labor. You may come across national solar installers that have lower prices due to their bigger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or promotions to compete with those major players.
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 | $20,909 | 8.8 years |
8 kW | $2.65 | $14,851 | $28,169 | 8.6 years |
10 kW | $2.60 | $18,200 | $35,576 | 8.5 years |
12 kW | $2.55 | $21,403 | $43,128 | 8.3 years |
14 kW | $2.50 | $24,461 | $50,825 | 8.1 years |
16 kW | $2.44 | $27,373 | $58,668 | 8.0 years |
18 kW | $2.39 | $30,139 | $66,657 | 7.8 years |
20 kW | $2.34 | $32,760 | $74,792 | 7.6 years |
How to Save on Solar Panels
There are a large number of companies available in Pulaski, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be challenging, so here are some tips to help you decide:
- Installation Process: Make sure you're aligned with the installer regarding how the installation process will go and what you need to do before your solar panels are installed, such as updating or replacing your electrical system or roof.
- Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, durability and efficiency. They will come at different costs as well. The company you choose has an impact on which solar panel brands you have access to.
- Reputation: Companies that have been operating for many years likely have a high reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
- Contract: Before you sign a contract with a solar company, make sure you look it over carefully so you understand the terms. Also, ask questions if you're unsure about some of the terms, such as what to do if a part breaks or malfunctions and if there are any guarantees about energy production.
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 Pulaski, WI Solar Cost FAQs
What is the average cost of installing solar panels in Pulaski?
The average cost of solar panels in Pulaski is about $13,000 for a 5-kW system and $26,000 for a 10-kW system before the ITC, but the actual cost will depend on stuff like the type of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Pulaski?
Leasing solar panels can be an attractive choice, because it commonly comes with low or $0 upfront payments. The drawback is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any tax rebates and credits and your home value won't increase. Buying solar panels is a better option if you want to get the most savings.
Is it worth going solar in Pulaski?
Whether or not solar panels are worth it depends on a variety of factors like the cost of electricity near you and the amount of direct sunlight your roof gets.
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount of energy production.
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.