Solar Panel Cost Guide in Saukville, WI (2024 Update)
- Saukville Solar Installation Cost: $18,679
- 25-Year Savings: $26,534
- Payback Period: 12.0 Years
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Average Cost of Solar Panels in Saukville
Find out what the average cost of installing solar panels is in Saukville.
The national average cost of solar panels is $2.66 per watt, but in Saukville it’s 4 per watt.To account for the typical energy needs of the average home in Saukville, most homeowners require a 6.9-kilowatt system. Using the per-watt figure above, a solar installation costs around $18,679, or $26,711 before the federal solar tax credit of 0 is applied.
The true price you pay can go above or below the average in Saukville depending on a few factors, such as the brand of solar panels you choose and the solar installer you hire.But, after you've paid the upfront cost of installation, the payback for most homeowners is typically rewarding, with a net average savings of about $22,000 over 20 years on electricity bills.
To get a free estimate from a top solar company in Saukville, you can click the button below.
Solar savings over time in Saukville
| Year | Return on Investment |
|---|---|
| 1 years | $-17,383 |
| 3 years | $-14,792 |
| 5 years | $-12,201 |
| 7 years | $-9,610 |
| 9 years | $-7,019 |
| 11 years | $-4,428 |
| 13 years | $-1,837 |
| 15 years | $754 |
| 17 years | $3,345 |
| 19 years | $5,936 |
| 21 years | $8,527 |
| 23 years | $11,117 |
| 25 years | $13,708 |
Top Solar Installers in Saukville
Many homeowners opt for a solar panel company since trying to install solar panels on your own can be a lot of work. Solar installers provide key benefits that can help you get the most out of your investment, like warranties, monitoring and free repairs.
If you're searching for a solar company in Saukville, we've put together a list of our top suggestions here:
Best for Leasing
Sunrun
- 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 Saukville
Factors that Affect Solar Panel Costs in Saukville
While the average cost of a solar system in Saukville is $18,679, your final cost may be above or below the average. There are many factors that can have a significant impact on the cost of a solar system installation. Below are some of the more important things to keep in mind.
Solar Equipment
The size of the solar 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, your total will most likely increase by nearly $3,880. The model of solar panels and equipment you want is another factor that will significantly influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Furthermore, solar equipment is more than just the solar panels themselves. You’ll also need to think 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 looking into a solar system that falls within your budget.
Solar Financing Terms
If paying for a solar system out of pocket is difficult, solar loans are a solid route because they decrease your upfront costs and let you pay for your system over a term of, on average, between five and seven years.You’ll have to consider the long-term cost of financing options, including the amount of 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 above the equipment and labor 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
A final consideration when trying to estimate the cost of solar for your home or business in Saukville is the company you hire to install your solar panel system. As with choosing a company to renovate your kitchen, for example, there’s no shortage of solar installers that provide a range of services at different costs.The size of the company sometimes plays the most significant role in the cost. Larger national companies, like SunPro and Sunrun, often have lower prices because they have more resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing lower to compete with bigger names.
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 | $17,121 | 12.4 years |
| 8 kW | $3.96 | $22,163 | $23,263 | 12.2 years |
| 10 kW | $3.88 | $27,160 | $29,622 | 12.0 years |
| 12 kW | $3.80 | $31,940 | $36,198 | 11.7 years |
| 14 kW | $3.72 | $36,503 | $42,992 | 11.5 years |
| 16 kW | $3.65 | $40,849 | $50,003 | 11.2 years |
| 18 kW | $3.57 | $44,977 | $57,231 | 11.0 years |
| 20 kW | $3.49 | $48,888 | $64,676 | 10.8 years |
How to Save on Solar Panels
The solar panel company you go with will affect not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should take into account, such as:
- Installation Process: Homeowners should make sure they know how exactly the installation process will go, as well as important factors like the project timeline.
- Contract: Though reading through a contract can take a lot of time, it’s important to do it fully so you can be sure you understand what services your solar company will provide and the terms of the warranty.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and how much efficiency they need. While there are many options for which model 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 take a look at their list of offerings before making your decision.
- Warranty: Each company may offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's Saukville, WI Solar Cost FAQs
What is the average cost of installing solar panels in Saukville?
The average cost of solar panels in Saukville is about $19,400 for a 5-kW system and $38,800 for a 10-kW system before the ITC, but the real cost will depend on things such as the model of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Saukville?
Solar panels aren’t free in Saukville, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
How will having solar panels impact the value of my home?
Solar panels can increase your property’s value remarkably as long as you buy or finance your panels and don’t choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing solar panels."
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 decreases 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.