Solar Panel Cost Guide in Sheboygan Falls, WI (2023 Update)
- Sheboygan Falls Solar Installation Cost: $12,685
- 25-Year Savings: $21,720
- Payback Period: 9.2 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Sheboygan Falls
Here's how much it might cost to switch to solar power in Sheboygan Falls.
The national average cost of solar panels is $2.66 per watt, but in Sheboygan Falls it's 2.6 per watt. The average Sheboygan Falls homeowner needs a 7.0-kilowatt system, which would cost about $12,685 with the federal tax credit, or $18,140 before the 30% tax credit is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The exact cost of installing solar panels can vary quite a bit depending on multiple factors, such as what size system you need, your energy consumption and what solar installer you go with. For many homeowners, the upfront cost of solar panels is worth paying. On average you could be looking at about $19,000 in savings on energy bills over 20 years.
You can click the button below to get connected with a vetted solar installer in Sheboygan Falls that can help you get a more accurate cost estimate for your home.
Solar savings over time in Sheboygan Falls
| Year | Return on Investment |
|---|---|
| 1 years | $-11,309 |
| 3 years | $-8,557 |
| 5 years | $-5,804 |
| 7 years | $-3,052 |
| 9 years | $-300 |
| 11 years | $2,453 |
| 13 years | $5,205 |
| 15 years | $7,958 |
| 17 years | $10,710 |
| 19 years | $13,463 |
| 21 years | $16,215 |
| 23 years | $18,967 |
| 25 years | $21,720 |
Top Solar Installers in Sheboygan Falls
Trying to install solar panels on your own can be a stressful project, which is why using a solar installation company is a good option for many homeowners. Also, companies with a high reputation that are more expensive upfront could actually save you money in the long run because of their warranties, repair services and expert design.
Working with a vetted solar installer can make going solar easier. Here are our recommendations:
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 Falls
Factors that Affect Solar Panel Costs in Sheboygan Falls
The cost of installing a solar system in Sheboygan Falls can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The most significant one is your system size, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
When it comes to estimating the cost of solar panels in Sheboygan Falls, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home's energy usage, which you can determine by looking at past power bills. Your overall cost can increase by around $2,600 for each additional kilowatt you need. The model of solar panels and equipment you choose is another factor that will significantly affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more costly. Plus, solar equipment goes beyond 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 searching for a solar system that falls within your budget.
Solar Financing Terms
Most solar installers in Sheboygan Falls have solar loans, which reduce the initial cost of installing solar panels. When considering your overall cost, you should also calculate the interest you'll pay if you decide on a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
The remaining major cost factor you should consider is the installer you choose. Given the booming popularity of clean energy solutions in Sheboygan Falls, you'll have a great number of options to choose from, but each comes at varying price points for labor and equipment. Additionally, some companies in Sheboygan Falls are more knowledgeable about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could end up saving you 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 | $2.70 | $11,357 | $18,254 | 9.6 years |
| 8 kW | $2.65 | $14,851 | $24,630 | 9.4 years |
| 10 kW | $2.60 | $18,200 | $31,152 | 9.2 years |
| 12 kW | $2.55 | $21,403 | $37,819 | 9.0 years |
| 14 kW | $2.50 | $24,461 | $44,632 | 8.9 years |
| 16 kW | $2.44 | $27,373 | $51,590 | 8.7 years |
| 18 kW | $2.39 | $30,139 | $58,694 | 8.5 years |
| 20 kW | $2.34 | $32,760 | $65,944 | 8.3 years |
How to Save on Solar Panels
There are a lot of companies available in Sheboygan Falls, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be challenging, so here are some tips to help you decide:
- Reputation: Make sure your solar panel installer has a good reputation by confirming it has certifications and licenses, checking its number of years in business and reading reviews by past customers and solar experts like the EcoWatch team.
- Contract: It's important to read through your solar installer's contract closely to understand what services they will provide, what the warranty covers and what you can expect about the project timeline.
- Installation Process: An important thing to understand when adopting solar energy is the installation process itself. Be sure to align on any details you need to know with your solar installer, such as what permits you should acquire and how long the project will take.
- Solar Panel Brands: Not all solar companies have the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you opt for.
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 Falls, WI Solar Cost FAQs
What is the average cost of installing solar panels in Sheboygan Falls?
The average cost of solar panels in Sheboygan Falls is about $13,000 for a 5-kW system and $26,000 for a 10-kW system before the ITC, but the actual cost will depend on certain factors like the kind of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Sheboygan Falls?
You can't get solar panels for free in Sheboygan Falls. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
How much can I save on electricity bills after installing solar panels?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners throughout Sheboygan Falls, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you'll want to contact a local solar installer to see how many panels can fit on your roof.
How many solar panels do I need to power my home?
To figure out how many solar panels you need, you should find out how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.
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.