Solar Panel Cost Guide in Rothschild, WI (2024 Update)
- Rothschild Solar Installation Cost: $19,950
- 25-Year Savings: $24,539
- Payback Period: 13.2 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Rothschild
Let’s have a look at the average cost of solar in Rothschild.
The average cost of solar panels in Rothschild is 4 per watt.The average Rothschild homeowner needs a 7.3-kilowatt system, which would cost about $19,950 with the federal tax credit, or $28,528 before the 0 tax credit is applied.
Bear in mind that the figures above are only estimates based on the average Rothschild homeowner. The cost of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor.With average savings of about $20,000 on utility bills over 20 years, many homeowners in Rothschild find installing solar panels can pay off big.
To get a free quote from a vetted solar installation company in Rothschild, you can click the button below.
Solar savings over time in Rothschild
| Year | Return on Investment |
|---|---|
| 1 years | $-18,811 |
| 3 years | $-16,534 |
| 5 years | $-14,257 |
| 7 years | $-11,980 |
| 9 years | $-9,703 |
| 11 years | $-7,426 |
| 13 years | $-5,148 |
| 15 years | $-2,871 |
| 17 years | $-594 |
| 19 years | $1,683 |
| 21 years | $3,960 |
| 23 years | $6,237 |
| 25 years | $8,514 |
Top Solar Installers in Rothschild
Many homeowners opt for a solar panel installer since trying to put up solar panels on your own can be a labor-intensive endeavor. Some solar companies, particularly local ones, can help you make the most of incentives in Rothschild, optimizing your ROI.
There are several licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
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 Rothschild
Factors that Affect Solar Panel Costs in Rothschild
There are several criteria that can determine your solar system 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
One of the most significant factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more power your household uses, the larger your system will likely need to be. You can expect to pay about $3,880 per kilowatt in Rothschild.Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Rothschild, where sunlight isn’t as abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for solar panels out of pocket is out of reach, solar loans are a solid 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 financing options, including the total 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 above the equipment and labor cost. Making a larger down payment or finding a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
Lastly, the company you hire to install your solar panel system can play a role in determining your pricing. Rothschild’s solar companies all have different labor costs and add varying upcharges to equipment. You may come across national solar installers that have lower prices because of 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 | $4.04 | $16,948 | $14,017 | 13.7 years |
| 8 kW | $3.96 | $22,163 | $19,123 | 13.4 years |
| 10 kW | $3.88 | $27,160 | $24,448 | 13.2 years |
| 12 kW | $3.80 | $31,940 | $29,989 | 12.9 years |
| 14 kW | $3.72 | $36,503 | $35,748 | 12.6 years |
| 16 kW | $3.65 | $40,849 | $41,723 | 12.4 years |
| 18 kW | $3.57 | $44,977 | $47,917 | 12.1 years |
| 20 kW | $3.49 | $48,888 | $54,327 | 11.8 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you select the right company for you, here are some tips to keep in mind:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to get the job done well. Another way you can research your installer’s reputation is by reading reviews.
- Installation Process: Homeowners should make sure they know how exactly the installation process will be carried out, as well as important factors like the project timeline.
- Warranty: Companies typically offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Solar Panel Brands: The kind of solar panel you’d like plays a part in which company you should choose, since different companies offer different panels.
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 Rothschild, WI Solar Cost FAQs
What is the average cost of installing solar panels in Rothschild?
The average cost of solar panels in Rothschild is about $19,400 for a 5-kW system and $38,800 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as the kind of solar panels you want, what size system you need and how much energy you use.
Is cost the most important thing to consider when buying solar panels?
The initial cost is a key factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In areas where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.
Do solar panels increase how much your 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 Rothschild is currently $223,171, which means you can look forward to a value of about $9,150 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Rothschild is a worthwhile investment.
How often do you have to replace solar panels?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can replace them after having them for that long or you can continue to use them at a lower efficiency.
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.