Solar Panel Cost Guide in Richland Center, WI (Jan 2023)

  • Richland Center Solar Installation Cost: $13,413
  • 25-Year Savings: $20,462
  • Payback Period: 9.9 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated January 20, 2023

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Richland Center

Let's take a look at the average cost of solar panels in Richland Center.

The average cost of a solar system in Richland Center is $3 per watt. The average solar panel system size in Richland Center is around 7.4 kilowatts, meaning a cost of about $13,413 for a solar installation, or $9,926 after the 30% federal solar tax credit is applied.

Keep in mind that the figures above are only estimates based on the average energy use of Richland Center homeowners. The price of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor. With typical savings of about $17,000 on electricity bills over 20 years, many homeowners in Richland Center find going solar can be quite rewarding.

To calculate your potential savings and connect with a local solar company, click the button below.

Solar savings over time in Richland Center

Year Return on Investment
1 years $-12,058
3 years $-9,348
5 years $-6,638
7 years $-3,928
9 years $-1,218
11 years $1,492
13 years $4,202
15 years $6,912
17 years $9,622
19 years $12,332
21 years $15,042
23 years $17,752
25 years $20,462

Top Solar Installers in Richland Center

Although it's possible to install solar panels on your own, it takes extra time and know-how. Because of that, the majority of homeowners choose a solar panel installer. Also, companies with a good reputation that cost more upfront could actually save you money in the long run due to their warranties, repair services and expert design.

You can work with a local solar installer to get a free estimate on how much your investment in solar could cost for your home. Here are some nearby:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Technology

Tesla Energy

★★★★★
4.5

  • 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

Best for Leasing

Sunrun

★★★★★
4.0

  • Expansive service area
  • Many financing options
  • Some reported issues with customer service
  • Some reported issues with door-to-door sales

See all of the solar companies in Richland Center

Factors that Affect Solar Panel Costs in Richland Center

Cost is often one of the most important factors for homeowners who want to invest in solar. There are a few primary factors that determine your overall cost in Richland Center: 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 significant factors to consider when it comes to the cost of installing solar panels 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 Richland Center. The solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, more efficient panels could save you more in the long run on your electric bills. In addition, extra products, such as solar batteries, can bring your total well above the Richland Center average.

Solar Financing Terms

If paying for solar panels out of pocket is difficult, solar loans are an affordable option because they reduce your upfront costs and let you pay for your system over a term of, on average, between five and seven years. When trying to figure out your overall cost, you should also calculate the interest you'll pay if you go with a solar loan. Also, paying more on your down payment can lower the total interest paid over time.

Solar Panel Installation Company

Lastly, the company you get to install your solar system can affect the cost. Richland Center's solar companies all have different labor costs and add varying upcharges to equipment. Companies that only sell high-quality, high-efficiency and high-price products — 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 decide on the company that has the products, warranties and services you're looking for and also is 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 $16,207 10.3 years
8 kW $2.65 $14,851 $21,901 10.1 years
10 kW $2.60 $18,200 $27,740 9.9 years
12 kW $2.55 $21,403 $33,725 9.7 years
14 kW $2.50 $24,461 $39,856 9.5 years
16 kW $2.44 $27,373 $46,132 9.3 years
18 kW $2.39 $30,139 $52,554 9.1 years
20 kW $2.34 $32,760 $59,121 8.9 years

How to Save on Solar Panels

There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you pick the right company for you, here are some tips to keep in mind:

  • Contract: Look through the contract terms closely to make sure you understand how much it will cost, project completion timeline rebates and warranties.
  • Installation Process: When going solar, it's important to keep an open line of communication with your solar installer. Confirm that you understand how the installation process works and the project timeline.
  • Reputation: Make sure your solar installer has a good reputation by verifying it has certifications and licenses, checking its number of years in business and reading reviews by past customers and solar experts like the EcoWatch team.
  • Solar Panel Brands: The kind of solar panel you want plays a part in which installer you should go with, since different companies have different panels.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Technology

Tesla Energy

★★★★★
4.5

  • 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

Best for Leasing

Sunrun

★★★★★
4.0

  • Expansive service area
  • Many financing options
  • Some reported issues with customer service
  • Some reported issues with door-to-door sales

EcoWatch's Richland Center, WI Solar Cost FAQs

How much does it cost to install solar panels in Richland Center?

The average cost of solar panels in Richland Center 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 things such as the model of solar panels you want, what size system you need and how much energy you consume.

Should I lease or buy solar panels in Richland Center?

Leasing solar panels can be an option if you can't afford to pay upfront or get a solar loan, but since you don't own the system, you can't take advantage of many solar incentives. Also your property value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.

Can you sell solar power back to the grid in Richland Center?

Most states offer net metering programs of some kind. Through these, you can either get paid for the extra power your system produces or or receive credits to put toward future electricity bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.

How many solar panels do I need to power my home?

The exact number of solar panels you need depends on your household energy consumption and the amount of 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 get 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.

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