Solar Panel Cost Guide in Sheboygan, WI (2023 Update)
- Sheboygan Solar Installation Cost: $12,685
- 25-Year Savings: $25,354
- Payback Period: 8.3 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Sheboygan
Let's take a look at the average cost of solar in Sheboygan.
The national average cost of solar panels is $2.66 per watt, but in Sheboygan it's 2.6 per watt. Since a 7.0-kW system is needed to cover the energy costs of a typical home in Sheboygan, the average price of going solar will be about $12,685 after claiming the federal solar tax credit of 30%.
Keep in mind that the figures above are only estimates based on the average energy use of Sheboygan homeowners. The price of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor. With typical savings of about $21,000 on energy bills over 20 years, many homeowners in Sheboygan find installing solar panels has a decent ROI.
For a personalized quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Sheboygan
| Year | Return on Investment |
|---|---|
| 1 years | $-11,164 |
| 3 years | $-8,121 |
| 5 years | $-5,077 |
| 7 years | $-2,034 |
| 9 years | $1,009 |
| 11 years | $4,052 |
| 13 years | $7,095 |
| 15 years | $10,138 |
| 17 years | $13,182 |
| 19 years | $16,225 |
| 21 years | $19,268 |
| 23 years | $22,311 |
| 25 years | $25,354 |
Top Solar Installers in Sheboygan
Trying to install solar panels yourself can be a time-consuming undertaking, which is why getting a solar installer is a good option for many homeowners. Another upside of utilizing a solar installer is that they can help you optimize your investment by bringing down your future costs of repairs and replacements because of warranties and informing you of local incentives you can take advantage of.
You can work with a local solar installer to get a free estimate on how much your investment in solar could cost for your home. Here are some nearby:
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 Sheboygan
Factors that Affect Solar Panel Costs in Sheboygan
The cost of installing a solar system in Sheboygan can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The largest one is the size of the system your household needs, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
The size of the solar panel 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, you can expect your total to increase by nearly $2,600. Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Sheboygan, where sunlight is relatively abundant, efficiency can quickly pay off. Also, if you have a small roof or limited 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 Sheboygan to be prohibitively costly, even if the investment pays off over time. Thankfully, nearly every solar company in the area provides access to financing options. Solar loans remarkably decrease upfront costs for most homeowners, but they also lead to higher prices over time because of interest. Even though solar loans make adopting solar energy more accessible for Sheboygan homeowners, they can also increase the total you pay for your system, depending on your interest rate. 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 consider when trying to evaluate the cost of solar for your home or business in Sheboygan is the company you choose to install your solar panel system. Similar to choosing a company to renovate your kitchen, for instance, there are plenty of solar installers that offer a range of services at different price points. You may see national solar installers that have lower prices because of their bigger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or specials to compete with those larger 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 | $21,382 | 8.7 years |
| 8 kW | $2.65 | $14,851 | $28,801 | 8.5 years |
| 10 kW | $2.60 | $18,200 | $36,365 | 8.3 years |
| 12 kW | $2.55 | $21,403 | $44,075 | 8.2 years |
| 14 kW | $2.50 | $24,461 | $51,931 | 8.0 years |
| 16 kW | $2.44 | $27,373 | $59,932 | 7.8 years |
| 18 kW | $2.39 | $30,139 | $68,078 | 7.7 years |
| 20 kW | $2.34 | $32,760 | $76,371 | 7.5 years |
How to Save on Solar Panels
There are a large number of companies available in Sheboygan, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be difficult, so here are some tips to help you decide:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to do the job well. Another way you can verify your installer's reputation is by reading reviews.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and energy needs. Even though there are many options for which type of solar panel you can get, not every company will have the exact one you may want or need, so be sure to take a look at their list of options before deciding.
- Contract: When reading through your solar company's contract, ask for clarification about any terms you're not sure of and make sure you understand what happens in scenarios such as a system part breaking or if the company goes out of business.
- Warranty: Warranties that cover replacement parts and repairs over a couple decades are the gold standard in the business, and offering that kind of warranty is one sign of a good company.
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 Sheboygan, WI Solar Cost FAQs
How much does it cost to install solar panels in Sheboygan?
This is a tough question to answer exactly, because the cost depends on a few different factors. Generally speaking, it costs about $13,000 for a 5-kW system and $26,000 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 choose a smaller solar panel system or less expensive solar panels.
Are solar panels free in Sheboygan?
A solar panel system isn't free in Sheboygan, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Do solar panels increase your property value?
Installing solar panels on 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 $133,527, so you can expect a value of about $5,475 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Sheboygan is a rewarding investment.
How long do solar panels last in Sheboygan?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely 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.