How much do solar panels cost in Fond du Lac, WI?
- Cost: About $8,127 for a 3 kW system to $18,963 for a 7 kW system after tax credit.
- Savings: 11 year payback; about $11,157 saved over 20 years.
- Environmental benefits: Potential to reduce your carbon emissions significantly.
Installing a 5 kW solar panel system on your Fond du Lac home can cost about $13,545 after tax incentives. Solar panel systems are measured by kW production, and the average system costs about $3,866 per kW of installed capacity. Looked at another way, you'll pay about $3.87 per watt for installation.
That said, our data shows an a 7 kW system is the best size for Fond du Lac residents. This is because people in Fond du Lac consume 712 kWh per month of energy. The average electric bill is $102.87 per month with an average price of 14.45¢ per kWh. Considering this average, the right solar panel system has the potential to save you money in Fond du Lac.
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Are solar panels worth it in Fond du Lac?
Let's take a closer look at whether solar panels are worth it. To figure this out, you'll want to compare your estimated savings after solar to what you'd pay in energy without solar panels.
The payback period is the amount of time until you break even on your investment considering savings from energy bills. And the net 20-year savings is what you save over 20 years minus the upfront costs. Considering energy prices tend to rise over time, it's usually worth it to get solar panels if you can get a good installation price.
5 kWh System | Fond du Lac Average | U.S. Average |
---|---|---|
Upfront Cost | $13,545 | $12,530 |
Payback period | 11 Years | 7 Years |
Net 20-year savings | $11,157 | $22,173 |
*These are estimates. Getting personalized quotes from local installers is crucial for accurate pricing. |
What's the best solar system size in Fond du Lac, Wisconsin?
To find out the right size of the solar system for your home, consider your energy usage, local sun hours, and available roof space. Here's what the average solar potential looks like in Fond du Lac:
- Roof size: 679 sq. ft.
- System capacity: Up to 10,491 kW DC
- Electricity production: About 1,391 kWh AC per year
The goal with solar panels is to find the sweet spot where you generate the electricity you need and can save enough energy costs to recoup your investment in a reasonable time.
Below you can see power generation, cost, and savings of different system sizes.
3 kW System | 4 kW System | 5 kW System | 6 kW System | 7 kW System | |
---|---|---|---|---|---|
Roof Space | 215 ft² | 286 ft² | 358 ft² | 429 ft² | 501 ft² |
Annual power value | $603 | $804 | $1,006 | $1,207 | $1,234 |
Average cost | $8,127 | $10,836 | $13,545 | $16,254 | $18,963 |
Average yearly production | 4,174 kWh | 5,566 kWh | 6,957 kWh | 8,348 kWh | 9,740 kWh |
Average monthly savings* | $50.28 | $67.04 | $83.80 | $100.56 | $102.87 |
Full payback period | 7 years | 9 years | 11 years | 13 years | 15 years |
CO₂ reduction per year | 2.83 tons | 3.77 tons | 4.71 tons | 5.65 tons | 5.78 tons |
*Savings assume a $102.87 monthly electricity bill |
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How to pay for solar panels in Fond du Lac, Wisconsin
Purchasing solar panels is no small task. Here are a few ways you can pay for solar:
- Cash purchase: This is the best choice if you can afford it. Paying in cash gives you the best long-term savings but requires a larger upfront investment, of course.
- Solar loans: You can spread the cost over time with a loan, but be mindful of interest rates and loan terms.
- Solar leases and PPAs: Power purchase agreements (PPA) and leases have lower upfront costs. However, you don't own the system, which means you save the least over time. There can also be complications if you want to sell your home.
What affects the cost of solar panels in Fond du Lac?
Several factors impact the final price of your solar installation:
- System size: Larger systems cost more upfront but often yield greater long-term savings.
- Panel type and efficiency: Monocrystalline panels are generally more efficient and expensive than polycrystalline or thin-film options.
- Installation complexity: Roof type, shading, and site-specific challenges can increase installation costs. Permitting and inspection fees also factor in.
- Additional considerations: Battery storage adds to the initial investment but provides backup power and greater energy independence. Labor and installation quality are also essential cost considerations.
How to save on Fond du Lac, WI solar panel costs
Getting the most bang for your buck is essential when investing in solar. Here are some strategies to save money:
- Maximize the federal tax credit: Understand the eligibility requirements and claim the full 30% credit.
- Shop around for quotes: Get quotes from multiple installers to compare pricing and services. Don't just focus on the lowest price; consider reputation, experience, and warranty.
- Consider system size: Be careful of going overboard. A properly sized system will meet your energy needs without unnecessary costs. Analyze your energy usage to determine the optimal size.
- Explore financing options: Compare loan interest rates and terms carefully. If considering a lease or PPA, understand the long-term implications and potential trade-offs. Cash purchases often offer the best long-term savings.
- Negotiate with installers: Don't be afraid to negotiate on price. Inquire about any discounts or promotions they may offer.
- Optimize your home's energy efficiency: Before going solar, improve your home's energy efficiency. This will reduce your overall energy consumption and potentially allow you to install a smaller, less expensive solar system. Simple steps like sealing air leaks and upgrading appliances can make a difference.
- DIY (if possible and permitted): While professional installation is generally recommended, some homeowners may be able to handle certain tasks themselves (like site preparation). Check your local regulations and be honest about your abilities.
- Ask about rebates and incentives: Many states, cities, and utility companies offer rebates, net metering, and other incentives. Check with your local utility and city/county for any available programs.
- Time your installation: Sometimes, installers offer discounts during slower periods. Inquiring about seasonal promotions might yield savings.
Wisconsin-specific solar considerations
- Weather Impacts: Wisconsin enjoys sunny summers that are great for solar energy, but the cold, snowy winters can temporarily impact production. With proper system design and positioning, you can still achieve strong overall performance.
- Regulatory and Legal Considerations: Wisconsin's permitting process is well defined, though local building codes and HOA rules should be reviewed early on to avoid any surprises during your installation.
Get a custom solar quote in Fond du Lac
Solar panels are worth it for many homeowners considering energy costs tend to rise over time. Compare your ongoing energy costs to the cost of a solar panel system to see if it's worth it for your Fond du Lac home. We recommend getting a few quotes from different solar installers to find the best option.
Go Solar for less than your cell phone bill.
Solar panel pricing in cities near Fond du Lac, Wisconsin
Compare solar panel prices wih neighboring cities.
- Oshkosh, Wisconsin solar panel prices
- Appleton, Wisconsin solar panel prices
- Sheboygan, Wisconsin solar panel prices
- Milwaukee, Wisconsin solar panel prices
- Waukesha, Wisconsin solar panel prices
- Wauwatosa, Wisconsin solar panel prices
- Green Bay, Wisconsin solar panel prices
- West Allis, Wisconsin solar panel prices
- Madison, Wisconsin solar panel prices
- Janesville, Wisconsin solar panel prices
Or look in a different location.
Who are the best solar installers in Fond du Lac, Wisconsin?
FAQs about Fond du Lac, WI solar panels
How much do solar panels cost in Fond du Lac, Wisconsin?
Our data shows solar panels can range from $8,127 for a 3 kW system to $18,963 for an 7 kW system after tax credits. Total costs depend on the panel brand, type of inverter, installation company, and more.
How do I pay for solar panels?
The best ways to pay for solar panels include using cash or finding a loan with a good interest rate. We recommend avoiding power purchase agreements or solar panel lease programs since these reduce your savings significantly.
How much can I save with solar panels in Fond du Lac?
How much you save depends on your current energy costs, usage, and the size of the system you need. Our data shows the average 5 kW system in Fond du Lac saves owners $11,157 over a 20-year period.
Do solar panels work during a power outage?
Grid-tied solar panels typically shut off during a power outage to protect utility workers. If you want security for outages in Fond du Lac, you can get a battery storage system to have a backup power supply.