Solar Panel Cost Guide in Suamico, WI (2024 Update)
- Suamico Solar Installation Cost: $18,890
- 25-Year Savings: $22,750
- Payback Period: 13.3 Years
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Average Cost of Solar Panels in Suamico
Let’s take a look at the average cost of solar in Suamico.
In Suamico, solar panels cost about 4 per watt on average.The average Suamico homeowner needs a 7.0-kilowatt system, which would cost about $18,890 with the federal tax credit, or $27,013 before the 0 tax credit is applied.
These figures are only averages, and how much solar costs for you will most likely differ based on your specific situation and what company you go with.Many homeowners find adopting solar power is a sound investment. The average homeowner in Suamico can save about $19,000 on their energy bills over 20 years.
To see your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in Suamico
| Year | Return on Investment |
|---|---|
| 1 years | $-17,751 |
| 3 years | $-15,474 |
| 5 years | $-13,197 |
| 7 years | $-10,920 |
| 9 years | $-8,643 |
| 11 years | $-6,365 |
| 13 years | $-4,088 |
| 15 years | $-1,811 |
| 17 years | $466 |
| 19 years | $2,743 |
| 21 years | $5,020 |
| 23 years | $7,298 |
| 25 years | $9,575 |
Top Solar Installers in Suamico
When going solar, many homeowners opt to hire a solar installer since installing solar panels yourself can be a difficult project. Solar warranties and repairs are ordinarily included in the cost of installation when you sign a contract with a solar contractor too, which can save you more money after your initial investment.
There are a number of licensed solar professionals that can install solar panels for you. Here are our suggestions:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
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 Suamico
Factors that Affect Solar Panel Costs in Suamico
Even though the average cost of a solar system in Suamico is $18,890, your actual cost may be above or below the average. There are many factors that can have a significant impact on the cost of a solar panel installation. Below are some of the more crucial things to take into consideration.
Solar Equipment
One of the most important factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more energy your household uses, the larger your system will likely need to be. You can expect to pay around $3,880 per kilowatt in Suamico.Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Suamico, where sunlight is relatively abundant, efficiency can quickly pay off. In addition, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for solar panels in cash is too expensive, solar loans are an affordable choice because they cut back your upfront costs and let you pay for your system over five to seven years on average.It’s wise to factor the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it’ll take to pay back the loan.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Suamico is the company you hire to install your PV system. As with choosing a company to build a deck or pool, for instance, you’ll have no shortage of solar installers that provide a range of services for different budgets.The company’s size can sometimes play the most considerable role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have access to greater 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 lower 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 | $4.04 | $16,948 | $13,599 | 13.9 years |
| 8 kW | $3.96 | $22,163 | $18,566 | 13.6 years |
| 10 kW | $3.88 | $27,160 | $23,751 | 13.3 years |
| 12 kW | $3.80 | $31,940 | $29,153 | 13.1 years |
| 14 kW | $3.72 | $36,503 | $34,772 | 12.8 years |
| 16 kW | $3.65 | $40,849 | $40,608 | 12.5 years |
| 18 kW | $3.57 | $44,977 | $46,662 | 12.3 years |
| 20 kW | $3.49 | $48,888 | $52,933 | 12.0 years |
How to Save on Solar Panels
The solar company you go with will influence not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are some important things you should consider, including:
- Warranty: Companies typically offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Installation Process: Make sure you’re aligned with the company regarding how the installation process will go and what you need to do before your solar panels are installed, such as updating your electrical system or roof.
- Solar Panel Brands: The brand of solar panel you need to get plays a part in which company you should choose, since different companies offer different panels.
- Reputation: Make sure your solar system installer has a good reputation by verifying 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.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
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 Suamico, WI Solar Cost FAQs
What is the average cost of installing solar panels in Suamico?
This is a tough question to answer exactly, because the cost depends on a few different 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 needs. On the flip side, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
Can you get solar panels for free in Suamico?
Solar panels aren’t free in Suamico, 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 can further reduce the cost.
Is making the switch to solar worth it?
Solar panels can be a beneficial investment for a majority of homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your energy bills are already fairly low, solar panels might not be for you.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy needs and the amount of sunlight your roof gets. You can 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 install between 20 and 35 panels to account for 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.