Solar Panel Cost Guide in Sheboygan, WI (2024 Update)
- Sheboygan Solar Installation Cost: $18,934
- 25-Year Savings: $25,352
- Payback Period: 12.4 Years
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Average Cost of Solar Panels in Sheboygan
Find out what the average cost of solar panel installation is in Sheboygan.
While the national average of solar panels is $2.66 per watt, solar panels in Sheboygan typically cost about 4.Since a 7.0-kW system is needed to cover the energy usage of a typical home in Sheboygan, the average price of going solar will be about $18,934 after claiming the federal solar tax credit of 0.
How much you pay can be higher or lower than the average in Sheboygan based on several factors, such as the kind of solar panels you choose and the solar company you hire.Many homeowners find installing a solar panel system is a rewarding investment. The average homeowner in Sheboygan can save about $21,000 on their energy bills over 20 years.
For a customized quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Sheboygan
Year | Return on Investment |
---|---|
1 years | $-17,764 |
3 years | $-15,424 |
5 years | $-13,084 |
7 years | $-10,744 |
9 years | $-8,404 |
11 years | $-6,064 |
13 years | $-3,724 |
15 years | $-1,384 |
17 years | $956 |
19 years | $3,297 |
21 years | $5,637 |
23 years | $7,977 |
25 years | $10,317 |
Top Solar Installers in Sheboygan
Many homeowners opt for a solar installation company since trying to put up solar panels by yourself can be time-consuming. Plus, warranties and repairs from your solar panel company can protect your investment and bring down the cost of maintenance in the long run.
Working with a vetted solar company can help you make the most of your investment in solar. Here are our recommendations:
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 Sheboygan
Factors that Affect Solar Panel Costs in Sheboygan
Even though the average cost of a solar system in Sheboygan is $18,934, your actual cost may differ. There are many factors that can have a major impact on the cost of a residential solar panel installation. Below are some of the more important things to consider.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. That’s why it’s important to accurately ascertain the size of the solar energy system needed for your home by figuring out your energy needs.The brand and kind of equipment you want for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be challenging. Solar loans are offered by most installers in Sheboygan, which can reduce, or in some cases eliminate, your upfront costs to make solar more accessible.Although solar loans make switching to solar energy more accessible for Sheboygan homeowners, they can also add to the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
A final factor to keep in mind when trying to figure out the cost of solar for your home or business in Sheboygan is the company you get to install your solar system. Similar to choosing a company to install new cabinets, for example, you’ll have no shortage of solar installers that offer a range of services for different budgets.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 come at a higher cost. It’s best to do some research and choose a company that offers the products, warranties and services you want and also fits 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 | $4.04 | $16,948 | $15,791 | 12.9 years |
8 kW | $3.96 | $22,163 | $21,490 | 12.7 years |
10 kW | $3.88 | $27,160 | $27,405 | 12.4 years |
12 kW | $3.80 | $31,940 | $33,538 | 12.2 years |
14 kW | $3.72 | $36,503 | $39,888 | 11.9 years |
16 kW | $3.65 | $40,849 | $46,456 | 11.7 years |
18 kW | $3.57 | $44,977 | $53,240 | 11.4 years |
20 kW | $3.49 | $48,888 | $60,243 | 11.2 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since picking a company can be difficult, we have some tips to help you, such as:
- Warranty: A quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: The model of solar panel you’d like to get plays a part in which company you should go with, since different companies offer different panels.
- Reputation: Solar companies that have great reviews from their customers and that have been operating for many years in most cases offer quality solar panel installation and expertise.
- Installation Process: One of the most important things to understand when adopting solar power is the installation process itself. Be sure to align on any details you should know with your solar installer, such as what permits you should acquire and what the project timeline is.
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 Sheboygan, WI Solar Cost FAQs
What is the average cost of installing solar panels in Sheboygan?
The average cost of solar panels in Sheboygan 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 model of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Sheboygan?
Leasing solar panels can be an appealing choice, as it typically comes with low or $0 upfront payments. The downside is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any incentives and your home value won’t increase. Buying solar panels is a better way to go if you want to get the most savings.
Do solar panels increase the value of your home?
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 Sheboygan is currently $210,734, which means you can look forward to a value of about $8,640 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Sheboygan is a fruitful investment.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy usage and the average daily 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 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.