Solar Panel Cost Guide in Scott, WI (2025 Update)
- Scott Solar Installation Cost: $18,890
- 25-Year Savings: $22,750
- Payback Period: 13.3 Years
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Average Cost of Solar Panels in Scott
Let’s have a look at the average cost of solar panels in Scott.
Although the national average of solar panels is $2.66 per watt, solar panels in Scott typically cost around 4.To cover the typical energy usage of the average home in Scott, most homeowners require a 7.0-kilowatt system. Using the figure above, a solar installation costs around $18,890, or $27,013 before the federal solar tax credit of 0 is applied.
Remember that the numbers above are only averages. The price you’ll end up paying for solar may look quite different based on your household energy consumption, the type of equipment you choose, your solar contractor and more.For most homeowners, the upfront investment in solar panels is worth paying. On average homeowners in Scott see about $19,000 in savings on utility bills over 20 years.
To calculate your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in Scott
| Year | Return on Investment |
|---|---|
| 1 years | $-17,751 |
| 3 years | $-15,474 |
| 5 years | $-13,197 |
| 7 years | $-10,920 |
| 9 years | $-8,643 |
| 11 years | $-6,365 |
| 13 years | $-4,088 |
| 15 years | $-1,811 |
| 17 years | $466 |
| 19 years | $2,743 |
| 21 years | $5,020 |
| 23 years | $7,298 |
| 25 years | $9,575 |
Top Solar Installers in Scott
Many homeowners opt for a solar panel installer since installing solar panels yourself can be a labor-intensive endeavor. Another upside of utilizing a solar installer is that they can help you optimize your ROI by cutting back on future costs of repairs and replacements because of warranties and giving you information on local incentives you can take advantage of.
If you’d like to switch to solar energy but still aren’t certain which solar panel company to go with, here are our suggestions for providers nearby:
See all of the solar companies in Scott
Factors that Affect Solar Panel Costs in Scott
Though the average cost of a solar system in Scott is $18,890, your final cost may differ. There are many factors that can have a sizable impact on the cost of a solar system installation. Below are some of the more important things to keep in mind.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a variety of factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power generation require better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,880.Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Scott, where sunlight is relatively abundant, efficiency can quickly pay off. In addition, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Scott to be prohibitively expensive, even if the investment pays off over time. Fortunately, almost every solar installer in the area provides financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also lead to paying more over time due to interest.However, the interest on solar loans also increases your all-in costs, so it’s vital to keep that in mind as well. You can always bring down the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
The solar company you choose will affect your total cost to adopt solar power. Different companies will bill different amounts for the equipment and labor.Additionally, some companies in Scott have more knowledge about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save more money in the long run.
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 | $13,599 | 13.9 years |
| 8 kW | $3.96 | $22,163 | $18,566 | 13.6 years |
| 10 kW | $3.88 | $27,160 | $23,751 | 13.3 years |
| 12 kW | $3.80 | $31,940 | $29,153 | 13.1 years |
| 14 kW | $3.72 | $36,503 | $34,772 | 12.8 years |
| 16 kW | $3.65 | $40,849 | $40,608 | 12.5 years |
| 18 kW | $3.57 | $44,977 | $46,662 | 12.3 years |
| 20 kW | $3.49 | $48,888 | $52,933 | 12.0 years |
How to Save on Solar Panels
There are numerous companies to choose from in Scott, 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:
- Warranty: If you’re worried about the durability of your solar panels, checking if your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Installation Process: One of the most important things to understand when adopting solar energy is the installation process itself. Be sure to align on any details you should know with your solar company, such as what permits you should secure and what the project timeline is.
- Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, longevity and efficiency. They will come at different price points as well. The company you choose affects which solar panel brands you have access to.
- Contract: It’s important to look over your solar installer’s contract closely to understand what services they will provide, what the warranty covers and what you can expect about the cost.
EcoWatch's Scott, WI Solar Cost FAQs
What is the average cost of installing solar panels in Scott?
This is a difficult question to answer exactly, because the cost depends on many factors. Broadly speaking, it costs about $19,400 for a 5-kW system and $38,800 for a 10-kW system after the ITC is applied. You can expect to pay more if you want extra solar equipment or more efficient panels, or if you have above-average energy needs. On the other hand, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
Is it better to lease or buy solar panels in Scott?
Leasing solar panels can be an option if you are unable 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 savings from going solar.
Is switching to solar power worth it?
Whether or not solar panels are worth it depends on some different factors like how much you pay for electricity and the amount of direct sunlight your roof gets.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy usage and how much 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 get between 20 and 35 panels to account for 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.