Solar Panel Cost Guide in Saukville, WI (Mar 2023)
- Saukville Solar Installation Cost: $12,522
- 25-Year Savings: $26,529
- Payback Period: 8.0 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Saukville
Let's take a look at the average cost of solar in Saukville.
Although the national average of solar panels is $2.66 per watt, solar panels in Saukville generally cost around 2.6. The average Saukville homeowner needs a 6.9-kilowatt system, which would cost about $12,522 with the federal tax credit, or $17,906 before the 30% tax credit is applied.
The prices above are just estimates to give you an idea of how much a solar energy system could cost. The true cost of going solar can vary depending on several factors, such as how many panels you need, your energy usage and what company you go with. But, once you've paid the initial cost of installation, the payback for most homeowners is quite rewarding, with a net average savings of about $22,000 over 20 years on electricity bills.
To calculate your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in Saukville
| Year | Return on Investment |
|---|---|
| 1 years | $-10,960 |
| 3 years | $-7,836 |
| 5 years | $-4,711 |
| 7 years | $-1,587 |
| 9 years | $1,537 |
| 11 years | $4,661 |
| 13 years | $7,785 |
| 15 years | $10,909 |
| 17 years | $14,033 |
| 19 years | $17,157 |
| 21 years | $20,281 |
| 23 years | $23,405 |
| 25 years | $26,529 |
Top Solar Installers in Saukville
When switching to solar energy, many homeowners prefer to use a solar company since putting up a solar system yourself can be a difficult project. Some solar installers, particularly local ones, can help you better understand incentives in Saukville, therefore optimizing your ROI.
If you're searching for a solar company in Saukville, the EcoWatch team has organized a list of our top suggestions here:
Best Technology
Tesla Energy
- 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
See all of the solar companies in Saukville
Factors that Affect Solar Panel Costs in Saukville
For many Saukville homeowners, the decision to install solar panels depends on cost. However, the range of solar installation costs can be quite wide in Saukville, with typical prices between $20,000 to $40,000. There are various factors that significantly influence the price you'll pay, which we'll go over below.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more energy your household uses, the larger your system will likely need to be. You can expect to spend around $2,600 per kilowatt in Saukville. The kind of solar panels and equipment you choose is another factor that will largely impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Furthermore, solar equipment goes beyond 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 looking into a solar system that falls within your budget.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be challenging. Solar loans are offered by most installers in Saukville, which can reduce, or in some cases eliminate, your upfront costs to make solar more affordable. When figuring out your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
The solar company you pick will affect your total cost to make the switch to solar power. Different companies will bill different amounts for the equipment and labor. The size of the company sometimes plays the most significant role in your costs. Larger national companies, like SunPro and Sunrun, often have lower prices because they have more resources and bulk 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 down to compete with bigger companies.
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 | $22,712 | 8.3 years |
| 8 kW | $2.65 | $14,851 | $30,574 | 8.2 years |
| 10 kW | $2.60 | $18,200 | $38,582 | 8.0 years |
| 12 kW | $2.55 | $21,403 | $46,735 | 7.9 years |
| 14 kW | $2.50 | $24,461 | $55,034 | 7.7 years |
| 16 kW | $2.44 | $27,373 | $63,478 | 7.5 years |
| 18 kW | $2.39 | $30,139 | $72,068 | 7.4 years |
| 20 kW | $2.34 | $32,760 | $80,804 | 7.2 years |
How to Save on Solar Panels
There are a lot of companies to choose from in Saukville, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be difficult, so here are some tips to help you decide:
- Contract: Before signing a contract with a solar company, be sure to read it through carefully so you understand the terms. Also, ask questions if you aren't sure about some of the terms, such as what the warranty covers and what services you can expect from them.
- Solar Panel Brands: Different companies will offer different brands and types of panels. If you want a specific brand, make sure the solar installer you're considering has it.
- 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 most likely has a solid reputation and is qualified to install your solar system. Another way you can research your installer's reputation is by reading reviews.
- Warranty: A high-quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
Best Technology
Tesla Energy
- 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
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 $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 like 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 Saukville?
Leasing solar panels can be an option if you can't afford to pay upfront or secure 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 bang for your buck from going solar.
Do solar panels increase your property value?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Saukville is currently $231,837, so you could be looking at a value of about $9,505 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Saukville is a fruitful investment.
How long do solar panels last in Saukville?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is how much energy they produce will have decreased significantly after that point. You can choose to replace them after having them for that long or you can keep using 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.