Solar Panel Cost Guide in Reedsburg, WI (2023 Update)
- Reedsburg Solar Installation Cost: $13,322
- 25-Year Savings: $24,418
- Payback Period: 8.8 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Reedsburg
See how much it might cost to make the switch to solar in Reedsburg.
The national average cost of solar panels is $2.66 per watt, but in Reedsburg it's 2.6 per watt. To account for the typical energy usage of the average home in Reedsburg, most homeowners require a 7.3-kilowatt system. Using the figure above, a solar installation costs about $13,322, or $19,050 before the federal solar tax credit of 30% is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The actual cost of installing solar panels can vary based on multiple factors, such as how many panels you need, your energy consumption and what installation company you go with. Many homeowners find installing solar panels is a sound investment. The average homeowner in Reedsburg can save around $20,000 on their electricity bills over 20 years.
To see your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in Reedsburg
| Year | Return on Investment |
|---|---|
| 1 years | $-11,813 |
| 3 years | $-8,794 |
| 5 years | $-5,774 |
| 7 years | $-2,755 |
| 9 years | $264 |
| 11 years | $3,283 |
| 13 years | $6,303 |
| 15 years | $9,322 |
| 17 years | $12,341 |
| 19 years | $15,360 |
| 21 years | $18,380 |
| 23 years | $21,399 |
| 25 years | $24,418 |
Top Solar Installers in Reedsburg
Many homeowners opt for a solar panel company since trying to put up solar panels on your own can be hard. Companies can also offer access to quality options of the best solar panels and help you decide which one will be right for your family.
If you'd like to go solar but still aren't sure which solar panel installer to go with, here are our recommendations for providers nearby:
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 Reedsburg
Factors that Affect Solar Panel Costs in Reedsburg
There are several factors that can influence your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment
When it comes to estimating the price of a solar panel system in Reedsburg, 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 consumption, which you can figure out by looking at past energy bills. Your total cost can increase by about $2,600 for each additional kilowatt you need. The type of solar panels and equipment you want is another factor that will significantly affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Plus, 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 searching for a solar system that's in your budget.
Solar Financing Terms
Solar panels can save you money on power bills over many years, but they can also be a significant investment. That's why many Reedsburg homeowners opt to finance their solar panel systems to make paying for solar more affordable. However, the interest on solar loans also adds to your all-in costs, so it's important to consider that as well. You can always lower the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
The remaining key cost factor you should take into consideration is the installer you choose. Given the growing popularity of clean energy solutions in Reedsburg, you'll have lots of options to choose from, but each comes at varying price points for labor and equipment. Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It's best to do some research and go with the company that has the products, warranties and services you want and also fits within your budget.
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 | $19,580 | 9.2 years |
| 8 kW | $2.65 | $14,851 | $26,398 | 9.0 years |
| 10 kW | $2.60 | $18,200 | $33,362 | 8.8 years |
| 12 kW | $2.55 | $21,403 | $40,471 | 8.6 years |
| 14 kW | $2.50 | $24,461 | $47,725 | 8.5 years |
| 16 kW | $2.44 | $27,373 | $55,126 | 8.3 years |
| 18 kW | $2.39 | $30,139 | $62,672 | 8.1 years |
| 20 kW | $2.34 | $32,760 | $70,363 | 7.9 years |
How to Save on Solar Panels
There are numerous companies available in Reedsburg, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:
- Solar Panel Brands: The kind of solar panel you'd like to install plays a part in which installer you should go with, since different companies have different panels.
- Installation Process: Make sure you're aligned with the installer in regard to how the installation process will go and what needs to be done before your solar panels are installed, such as updating your electrical system or roof.
- Contract: When reading over your solar installer's contract, ask questions about any terms you're not sure of and make sure you understand what happens in scenarios such as a system part breaking or the company going out of business.
- Warranty: Many companies offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
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 Reedsburg, WI Solar Cost FAQs
How much does it cost to install solar panels in Reedsburg?
The average cost of solar panels in Reedsburg is about $13,000 for a 5-kW system and $26,000 for a 10-kW system before the ITC, but the real cost will depend on certain factors such as the model of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider aside from cost when buying solar panels?
Cost is certainly one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Can you sell solar power back to the grid in Reedsburg?
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 many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy needs and the amount of sunlight your roof gets. You can take a 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 install between 20 and 35 panels to cover 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.