Solar Panel Cost Guide in Sugar Creek, WI (2024 Update)
- Sugar Creek Solar Installation Cost: $19,570
- 25-Year Savings: $23,134
- Payback Period: 13.5 Years
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Average Cost of Solar Panels in Sugar Creek
We go over average solar pricing in Sugar Creek.
The national average cost of solar panels is $2.66 per watt, but in Sugar Creek it’s 4 per watt.Since a 7.2-kW system is needed to cover the energy costs of a typical home in Sugar Creek, the average price of going solar will be about $19,570 after claiming the federal solar tax credit of 0.
Remember that the numbers above are only averages. The price you’ll pay for solar may look quite different based on your household energy use, the type of solar system you want to get, your solar contractor and more.With average savings of about $19,000 on energy bills over 20 years, many homeowners in Sugar Creek find going solar has a decent ROI.
You can click the button below to get connected with a pre-vetted solar installer in Sugar Creek that can help you get a more accurate cost estimate for your home.
Solar savings over time in Sugar Creek
| Year | Return on Investment |
|---|---|
| 1 years | $-18,275 |
| 3 years | $-15,684 |
| 5 years | $-13,093 |
| 7 years | $-10,502 |
| 9 years | $-7,911 |
| 11 years | $-5,320 |
| 13 years | $-2,729 |
| 15 years | $-138 |
| 17 years | $2,453 |
| 19 years | $5,044 |
| 21 years | $7,635 |
| 23 years | $10,226 |
| 25 years | $12,817 |
Top Solar Installers in Sugar Creek
Although it's possible to install solar panels on your own, it requires extra effort and knowledge. For that reason, most people choose a solar panel installer. Plus, if you’d like to maximize your investment in solar, opting for a solar installer can help with that too. Different providers can offer repairs, expertise on installation and sometimes even information on local incentives, rebates and net metering programs.
There are various licensed solar professionals that can help you install your solar system. 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 Sugar Creek
Factors that Affect Solar Panel Costs in Sugar Creek
Though the average cost of a solar system in Sugar Creek is $19,570, your final cost may be above or below the average. There are several factors that can have a major impact on the cost of a solar system installation. Below are some of the more important things to take into consideration.
Solar Equipment
One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household consumes, the larger your system will likely need to be. You can expect to pay around $3,880 per kilowatt in Sugar Creek.Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Sugar Creek, where sunlight is relatively abundant, efficiency can quickly pay off. Also, 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
Most solar installers in Sugar Creek have solar loans, which reduce your upfront costs of installing solar.However, the interest on solar loans also increases your overall costs, so it’s crucial to take that into consideration as well. You can always reduce the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
Finally, the company you get to install your solar system can influence your pricing. Sugar Creek’s solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies generally have lower costs, but some local companies keep up with them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or add-on services like electric car charger installation, they might be cheaper overall.
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 | $13,236 | 14.0 years |
| 8 kW | $3.96 | $22,163 | $18,082 | 13.8 years |
| 10 kW | $3.88 | $27,160 | $23,146 | 13.5 years |
| 12 kW | $3.80 | $31,940 | $28,427 | 13.2 years |
| 14 kW | $3.72 | $36,503 | $33,925 | 13.0 years |
| 16 kW | $3.65 | $40,849 | $39,640 | 12.7 years |
| 18 kW | $3.57 | $44,977 | $45,573 | 12.4 years |
| 20 kW | $3.49 | $48,888 | $51,723 | 12.1 years |
How to Save on Solar Panels
There are many companies available in Sugar Creek, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, so here are some tips to help you decide:
- Warranty: A quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Installation Process: Make sure you’re on the same page with the installer with regard to how the installation process will go and what you need to do before your solar panels are installed, such as updating or replacing your electrical system or roof.
- Reputation: Companies that have been operating for many years 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 adequate aftercare and customer service, such as part repairs and replacements.
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you opt for.
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 Sugar Creek, WI Solar Cost FAQs
What is the average cost of installing solar panels in Sugar Creek?
The average cost of solar panels in Sugar Creek is about $19,400 for a 5-kW system and $38,800 for a 10-kW system before the ITC, but the real cost will depend on things like the kind of solar panels you want, what size system you need and how much energy you consume.
Is it better to lease or buy solar panels in Sugar Creek?
Leasing solar panels can be an option if you can’t pay upfront or secure a solar loan, but since you don’t own the system, you don’t have access to many solar incentives. Also your property value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.
Can you sell solar power back to the grid in Sugar Creek?
The majority of states have net metering programs of some kind. Through these, you can either get paid for the extra power your system produces or or receive credits to put toward future energy bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you need to know how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.
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.