Solar Panel Cost Guide in Star Prairie, WI (2024 Update)
- Star Prairie Solar Installation Cost: $19,998
- 25-Year Savings: $22,252
- Payback Period: 14.0 Years
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Average Cost of Solar Panels in Star Prairie
Find out what the average cost of a solar system is in Star Prairie.
The average cost of a solar panel system in Star Prairie is 4 per watt.Using this figure, a typical 7.4-kW system would cost about $19,998 before the 0 federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average Star Prairie homeowner. The price of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor.But, once you've paid the upfront cost of installation, the savings for most homeowners is usually rewarding, with a net average savings of about $18,000 over 20 years on utility bills.
To get a free quote from a top solar company in Star Prairie, you can click the button below.
Solar savings over time in Star Prairie
Year | Return on Investment |
---|---|
1 years | $-18,894 |
3 years | $-16,685 |
5 years | $-14,477 |
7 years | $-12,268 |
9 years | $-10,060 |
11 years | $-7,851 |
13 years | $-5,643 |
15 years | $-3,434 |
17 years | $-1,226 |
19 years | $983 |
21 years | $3,191 |
23 years | $5,400 |
25 years | $7,608 |
Top Solar Installers in Star Prairie
When going solar, many homeowners opt to use a solar installation company since overseeing your solar installation yourself can be a difficult project. Another upside of utilizing a solar company is that they can help you make the most of your return of investment by lowering your future costs of repairs and replacements with the help of warranties and informing you of local incentives you can take advantage of.
There are various licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
Best for Leasing
Sunrun
- 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 Star Prairie
Factors that Affect Solar Panel Costs in Star Prairie
Although the average cost of a solar system in Star Prairie is $19,998, 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
When it comes to estimating the price of a solar energy system in Star Prairie, one of the most crucial 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 gauge by looking at past electricity bills. Your overall cost can increase by about $3,880 for each additional kilowatt you need.The solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. On the other hand, more efficient panels could save you more over time on your energy bills. Additionally, add-on products, such as solar batteries, can bump up your total well above the Star Prairie average.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be financially overwhelming. Solar loans are available from most installers in Star Prairie, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more accessible.Though solar loans make switching to solar energy more accessible for Star Prairie homeowners, they can also raise the total you pay for your system due to interest. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The solar installer you hire to handle your switch to solar energy can have an effect on your total costs. There are about 3 solar installation companies in Star Prairie, and each can charge varying amounts for labor and equipment.The company’s size sometimes plays the most considerable role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because of more resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing down to compete with bigger names.
Solar Panel Cost Data by System Size
System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
---|---|---|---|---|
6 kW | $4.04 | $16,948 | $12,104 | 14.6 years |
8 kW | $3.96 | $22,163 | $16,574 | 14.3 years |
10 kW | $3.88 | $27,160 | $21,261 | 14.0 years |
12 kW | $3.80 | $31,940 | $26,164 | 13.7 years |
14 kW | $3.72 | $36,503 | $31,286 | 13.5 years |
16 kW | $3.65 | $40,849 | $36,624 | 13.2 years |
18 kW | $3.57 | $44,977 | $42,180 | 12.9 years |
20 kW | $3.49 | $48,888 | $47,953 | 12.6 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because selecting a company can be difficult, we have some tips to help you, such as:
- Solar Panel Brands: Not all solar installers offer the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you hire.
- Reputation: Long-running companies likely have a high reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Installation Process: Make sure you’re aligned with the installer with regard to how the installation process will go and what needs to be done before your solar panel system is installed, such as updating or replacing your electrical system or roof.
- Warranty: If you’re concerned about the endurance of your solar panel system, checking if your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's Star Prairie, WI Solar Cost FAQs
What is the average cost of installing solar panels in Star Prairie?
This is a hard question to answer exactly, because the cost depends on many factors. Broadly speaking, it costs about $19,400 for a 5-kW system and $38,800 for a 10-kW system after the ITC is applied. It will cost more if you want other solar equipment or higher quality panels, or if you have above-average energy usage. On the other hand, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
Are solar panels free in Star Prairie?
A solar panel system isn’t free in Star Prairie, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Can solar panels eliminate my electricity bills?
Solar panels can potentially eliminate your electricity bills depending on where you’re located and how much sunlight your home gets. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $968.41 per year.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption and how much sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to cover their typical energy usage.
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.