Solar Panel Cost Guide in Union Grove, WI (2024 Update)
- Union Grove Solar Installation Cost: $18,973
- 25-Year Savings: $28,059
- Payback Period: 11.6 Years
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Average Cost of Solar Panels in Union Grove
Find out what the average cost of solar panels are in Union Grove.
While the national average of solar panels is $2.66 per watt, solar panels in Union Grove typically cost about 4.Since a 7.0-kW system is needed to cover the energy consumption of a typical home in Union Grove, the average price of going solar will be about $18,973 after claiming the federal solar tax credit of 0.
Bear in mind that the figures above are only estimates based on the average Union Grove homeowner. The cost of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.For most homeowners, the upfront investment in solar is worth paying. On average you could be looking at about $22,000 in savings on utility bills over 20 years.
Click the button below to get connected to a reputable solar installer in Union Grove for a customized quote.
Solar savings over time in Union Grove
| Year | Return on Investment |
|---|---|
| 1 years | $-17,678 |
| 3 years | $-15,087 |
| 5 years | $-12,496 |
| 7 years | $-9,905 |
| 9 years | $-7,314 |
| 11 years | $-4,723 |
| 13 years | $-2,132 |
| 15 years | $459 |
| 17 years | $3,050 |
| 19 years | $5,641 |
| 21 years | $8,232 |
| 23 years | $10,823 |
| 25 years | $13,414 |
Top Solar Installers in Union Grove
Although you can install solar panels by yourself, it involves extra effort and handiness. Because of that, most homeowners choose to hire a solar panel installer. Another good thing about choosing a top solar installer is that it'll usually provide warranties and free repairs, which help protect your solar investment.
You can work with a local solar installer to get a free quote on how much solar panels could cost for your home. Here are some nearby:
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 Union Grove
Factors that Affect Solar Panel Costs in Union Grove
The cost of installing a solar system in Union Grove can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The most significant one is the size of the system your home needs, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
When it comes to estimating the cost of a solar panel system in Union Grove, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home’s energy usage, which you can gauge by looking at past energy bills. Your total cost can increase by around $3,880 for each additional kilowatt you need.The type of solar panels and equipment you choose is another factor that will considerably influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Further, solar equipment consists of more than just the solar panels themselves. You’ll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking for a solar system that’s in your budget.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be a challenge. Solar loans are provided by most installers in Union Grove, which can reduce, or in some cases eliminate, your upfront costs to make solar more affordable.When figuring out your overall cost, you should also calculate the interest you’ll pay if you go with a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
Lastly, the company you choose to install your solar panels can impact how much you pay. Union Grove’s solar companies all have different labor costs and add varying upcharges to equipment. Companies that only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It’s best to do some research and go with the company that provides the products, warranties and services you’re looking for and also is within your budget.
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 | $18,072 | 12.1 years |
| 8 kW | $3.96 | $22,163 | $24,531 | 11.9 years |
| 10 kW | $3.88 | $27,160 | $31,206 | 11.6 years |
| 12 kW | $3.80 | $31,940 | $38,099 | 11.4 years |
| 14 kW | $3.72 | $36,503 | $45,210 | 11.2 years |
| 16 kW | $3.65 | $40,849 | $52,538 | 10.9 years |
| 18 kW | $3.57 | $44,977 | $60,082 | 10.7 years |
| 20 kW | $3.49 | $48,888 | $67,845 | 10.5 years |
How to Save on Solar Panels
Since the model of solar panels and the company you choose has an impact on your costs and your system’s efficiency, production, and durability, it’s important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Warranty: A quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Reputation: Your solar installer should have a sound reputation as a company and have proven expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from previous customers.
- Contract: Though reading through a contract can be tedious, it’s important to do it thoroughly so you can make sure you understand how much the equipment and services will cost and the terms of the warranty.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and energy needs. While 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 be sure to take a look at their list of offerings before deciding.
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 Union Grove, WI Solar Cost FAQs
What is the average cost of installing solar panels in Union Grove?
The average cost of solar panels in Union Grove is about $19,400 for a 5-kW system and $38,800 for a 10-kW system before the ITC, but the actual cost will depend on things like the type of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Union Grove?
You can’t get solar panels for free in Union Grove. However, you may still be able to afford 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.
Can you sell solar power back to the grid in Union Grove?
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 give you credit toward your future power bills.
How many solar panels do I need to power my home?
To figure out how many solar panels you need, you should find out how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average house 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.