Solar Panel Cost Guide in Slinger, WI (Mar 2023)
- Slinger Solar Installation Cost: $13,068
- 25-Year Savings: $22,971
- Payback Period: 9.1 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Slinger
Find out what the average cost of installing solar panels is in Slinger.
Although the national average of solar panels is $2.66 per watt, solar panels in Slinger typically cost about 2.6. To cover the typical energy needs of the average home in Slinger, most homeowners require a 7.2-kilowatt system. Using the figure above, a solar installation costs around $13,068, or $18,687 before the federal solar tax credit of 30% is applied.
Keep in mind that the figures above are only estimates based on the average Slinger homeowner. The cost of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor. For many homeowners, the upfront investment in solar power is worth paying. On average homeowners in Slinger see about $19,000 in savings on utility bills over 20 years.
Click the button below to get connected to a reputable solar panel company in your area for a custom quote.
Solar savings over time in Slinger
| Year | Return on Investment |
|---|---|
| 1 years | $-11,626 |
| 3 years | $-8,743 |
| 5 years | $-5,860 |
| 7 years | $-2,977 |
| 9 years | $-94 |
| 11 years | $2,789 |
| 13 years | $5,673 |
| 15 years | $8,556 |
| 17 years | $11,439 |
| 19 years | $14,322 |
| 21 years | $17,205 |
| 23 years | $20,088 |
| 25 years | $22,971 |
Top Solar Installers in Slinger
Trying to install solar panels yourself can be a challenging undertaking, which is why using a solar installation company is a good option for many homeowners. Another advantage of using a solar installer is that they can help you maximize your investment by lowering your future costs of repairs and replacements due to warranties and giving you information on local incentives you can take advantage of.
If you're looking for a solar installer in Slinger, we've compiled a list of our top suggestions here:
Best Technology
Tesla Energy
- 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
See all of the solar companies in Slinger
Factors that Affect Solar Panel Costs in Slinger
While the average cost of a solar system in Slinger is $13,068, your actual cost may be above or below the average. 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 crucial things to keep in mind.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power generation use 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 $2,600. There are a lot of different solar panel brands and the one you choose also affects the cost. Generally speaking, the brands that offer higher efficiency tend to also be more expensive. Plus, the type of equipment you want to install can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar installers in Slinger provide solar loans, which reduce the initial cost of installing solar panels. Even though solar loans make going solar more accessible for Slinger 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 make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
Finally, the company you opt for to install your solar panels can play a role in determining how much it costs. Slinger's solar companies all have different labor costs and add varying upcharges to equipment. The size of the company sometimes plays the most considerable role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower pricing due to greater resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing down to compete with bigger 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 | $18,773 | 9.4 years |
| 8 kW | $2.65 | $14,851 | $25,322 | 9.2 years |
| 10 kW | $2.60 | $18,200 | $32,016 | 9.1 years |
| 12 kW | $2.55 | $21,403 | $38,856 | 8.9 years |
| 14 kW | $2.50 | $24,461 | $45,842 | 8.7 years |
| 16 kW | $2.44 | $27,373 | $52,973 | 8.5 years |
| 18 kW | $2.39 | $30,139 | $60,250 | 8.3 years |
| 20 kW | $2.34 | $32,760 | $67,672 | 8.2 years |
How to Save on Solar Panels
Since the model of solar panels and the installation company you choose greatly impacts your costs and your system's durability and efficiency, it's important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you go with.
- Warranty: A quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Reputation: Make sure your solar system installer has a good reputation by confirming it has certifications and licenses, checking its number of years in business and reading reviews by previous customers and solar experts like the EcoWatch team.
- Contract: Read the contract terms thoroughly to make sure you understand how much it will cost, project completion timeline rebates and warranties.
Best Technology
Tesla Energy
- 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
EcoWatch's Slinger, WI Solar Cost FAQs
What is the average cost of installing solar panels in Slinger?
This is a tough question to answer precisely, because the cost depends on a variety of 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. It will cost more if you want additional solar equipment or higher quality panels, or if you have higher-than-average energy needs. On the flip side, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
Are solar panels free in Slinger?
You can't get solar panels for free in Slinger. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd rather own your solar panels, you can finance them with a solar loan.
Does Slinger have a net metering program?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just offer you credit toward your future energy bills.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level of energy production.
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.