Solar Panel Cost Guide in Shelby, WI (Jan 2023)

  • Shelby Solar Installation Cost: $13,486
  • 25-Year Savings: $23,850
  • Payback Period: 9.0 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated January 20, 2023

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Shelby

Find out what the average cost of solar panel installation is in Shelby.

While the national average of solar panels is $2.66 per watt, solar panels in Shelby generally cost about $3. Because a 7.4-kW system is needed to cover the energy costs of a typical home in Shelby, the average price of going solar will be about $13,486 before 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 Shelby homeowners. The price of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor. Even with the large initial cost, the average Shelby homeowner can save around $19,000 on their power bills over 20 years, which is one of the positives of solar.

You can click the button below to get connected with a pre-vetted solar installer in Shelby that can help you get a more accurate cost estimate for your home.

Solar savings over time in Shelby

Year Return on Investment
1 years $-11,993
3 years $-9,006
5 years $-6,019
7 years $-3,032
9 years $-45
11 years $2,942
13 years $5,929
15 years $8,916
17 years $11,903
19 years $14,890
21 years $17,876
23 years $20,863
25 years $23,850

Top Solar Installers in Shelby

When going solar, many homeowners opt to use a solar installer since DIY solar panel installation can be a challenging project. Solar companies offer key benefits that can help you maximize your investment, like warranties, monitoring and free repairs.

If you'd like to switch to solar energy but still aren't sure which solar system company to go with, here are our suggestions for providers near you:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Technology

Tesla Energy

★★★★★
4.5

  • 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

Best for Leasing

Sunrun

★★★★★
4.0

  • 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 Shelby

Factors that Affect Solar Panel Costs in Shelby

There are several criteria that can determine your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.

Solar Equipment

System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. For that reason, it's a priority to accurately assess the size of the solar energy system needed for your home by figuring out your typical energy use. The brand and type of equipment you get for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have limited roof space or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want add-ons like an electric vehicle charger or solar batteries, this will also raise the cost.

Solar Financing Terms

Solar panels can save you money on energy bills over many years, but they can also be a big investment. That's why many Shelby homeowners choose to finance their solar panel systems to make paying for solar more affordable. Though solar loans make adopting solar energy more accessible for Shelby homeowners, they can also increase the total you pay for your system, depending on your interest rate. If you make a larger down payment, though, you can cut back on how much interest you have to pay.

Solar Panel Installation Company

Lastly, the company you get to install your solar panel system can impact the cost. Shelby's solar companies all have different labor costs and add varying upcharges to equipment. You may come across national solar installers that have lower prices due to their bigger brand name and access to bulk equipment prices, 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 $18,857 9.4 years
8 kW $2.65 $14,851 $25,434 9.2 years
10 kW $2.60 $18,200 $32,157 9.0 years
12 kW $2.55 $21,403 $39,025 8.9 years
14 kW $2.50 $24,461 $46,039 8.7 years
16 kW $2.44 $27,373 $53,198 8.5 years
18 kW $2.39 $30,139 $60,503 8.3 years
20 kW $2.34 $32,760 $67,954 8.1 years

How to Save on Solar Panels

Since the type of solar panels and the installer you choose has an impact on your costs and your system's efficiency, production, and durability, it's important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:

  • Installation Process: Make sure you're on the same page with the company regarding how the installation process will go and what needs to be done before your solar panels are installed, such as updating your electrical system or roof.
  • Solar Panel Brands: The kind of solar panel you'd like plays a part in which company you should opt for, since different companies offer different panels.
  • Contract: Read the contract terms closely to make sure you understand the overall cost, project completion timeline incentives and warranties.
  • Warranty: If you're worried about the durability of your solar panel system, verifying that your installer offers a 25-year, all-inclusive warranty can help put you at ease.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Technology

Tesla Energy

★★★★★
4.5

  • 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

Best for Leasing

Sunrun

★★★★★
4.0

  • Expansive service area
  • Many financing options
  • Some reported issues with customer service
  • Some reported issues with door-to-door sales

EcoWatch's Shelby, WI Solar Cost FAQs

What is the average cost of installing solar panels in Shelby?

This is a tough question to answer precisely, because the cost depends on many factors. Broadly 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 usage. On the flip side, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.

What other factors should I consider apart from cost when buying solar panels?

The initial cost is a crucial factor to consider, but whether it's the most important for you depends on your goals for going solar. In places where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to consider are the quality and durability of your solar panels.

How will installing solar panels impact the value of my 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 Shelby is currently $160,766, so you can expect a value of about $6,591 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Shelby is a fruitful investment.

How long do solar panels last in Shelby?

Although 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 once you've had 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.

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