Solar Panel Cost Guide in Slinger, WI (2023 Update)
- Slinger Solar Installation Cost: $13,062
- 25-Year Savings: $22,977
- Payback Period: 9.1 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Slinger
We go over average solar pricing in Slinger.
In Slinger, solar panels cost about 2.6 per watt on average. Since a 7.2-kW system is needed to cover the energy needs of a typical home in Slinger, the average price of going solar will be about $13,068 after claiming the federal solar tax credit of 30%.
These figures are just estimates, and how much solar costs for you may look different based on your specific situation and what company you choose to go with. Even with the large initial cost, the average Slinger homeowner can save about $19,000 on their electricity bills over 20 years, which is one of the perks of solar.
To receive a free estimate from a top solar installer in Slinger, you can click the button below.
Solar savings over time in Slinger
| Year | Return on Investment |
|---|---|
| 1 years | $-11,766 |
| 3 years | $-9,175 |
| 5 years | $-6,584 |
| 7 years | $-3,993 |
| 9 years | $-1,402 |
| 11 years | $1,189 |
| 13 years | $3,780 |
| 15 years | $6,371 |
| 17 years | $8,962 |
| 19 years | $11,553 |
| 21 years | $14,144 |
| 23 years | $16,735 |
| 25 years | $19,326 |
Top Solar Installers in Slinger
Many homeowners decide to hire a solar panel company since figuring out how to install solar panels on your own can be a lot of work. Local solar companies can also help you maximize your return on investment by walking you through any local incentives you can take advantage of and by providing warranties and repairs.
Working with a professional solar installer can help you make the most of your investment in solar. 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 Slinger
Factors that Affect Solar Panel Costs in Slinger
Cost is often one of the most important factors for homeowners who want to invest in solar. There are a few primary factors that determine your overall cost in Slinger: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
Solar Equipment
When it comes to estimating the cost of a solar system in Slinger, 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. 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. Additionally, the type of equipment you choose can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
If paying for solar panels in cash is difficult, solar loans are an affordable option because they reduce your upfront costs and let you pay for your system over a term of, on average, between five and seven years. However, the interest on solar loans also increases your total costs, so it's vital to take that into consideration as well. You can always reduce the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
Finally, the company you get to install your solar panels can impact how much it costs. Slinger's solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Slinger know more about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could help you save 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 | $18,773 | 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
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to do the job well. Another way you can look into your installer's reputation is by reading reviews.
- Warranty: Companies typically offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- 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 brand of solar panel you can get, not every company will have the exact one you may want or need, so make sure you peruse their list of offerings before making your decision.
- Contract: It's important to read through your solar installer's contract thoroughly to understand what services they will provide, what the warranty covers and what you can expect about the installation process.
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 Slinger, WI Solar Cost FAQs
What is the average cost of installing solar panels in Slinger?
The average cost of solar panels in Slinger is about $13,000 for a 5-kW system and $26,000 for a 10-kW system before the ITC, but the real 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.
What other factors should I consider other than cost when buying solar panels?
Cost is a very important factor to consider, but whether it's the most important for you depends on your goals for going solar. In cities 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.
Can you sell solar power back to the grid in Slinger?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just give you credit toward your future electricity bills.
How long do solar panels last in Slinger?
Although 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 their energy production will have decreased significantly after that point. You can decide to replace them once you've had 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.