Solar Panel Cost Guide in Bloomer, WI (2024 Update)
- Bloomer Solar Installation Cost: $20,085
- 25-Year Savings: $22,627
- Payback Period: 13.9 Years
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Average Cost of Solar Panels in Bloomer
Let’s have a look at the average cost of solar in Bloomer.
While the national average of solar panels is $2.66 per watt, solar panels in Bloomer typically cost about 4.Using this figure, a typical 7.4-kW system would cost about $20,085 before the 0 federal solar tax credit is applied.
How much you pay can be above or below the average in Bloomer depending on several factors, such as the brand of solar panels you choose and the solar installer you hire.Despite the large initial cost, the average Bloomer homeowner can save around $19,000 on their energy bills over 20 years, which is one of the perks of solar.
For a personalized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Bloomer
| Year | Return on Investment |
|---|---|
| 1 years | $-18,981 |
| 3 years | $-16,773 |
| 5 years | $-14,564 |
| 7 years | $-12,355 |
| 9 years | $-10,147 |
| 11 years | $-7,938 |
| 13 years | $-5,730 |
| 15 years | $-3,521 |
| 17 years | $-1,313 |
| 19 years | $896 |
| 21 years | $3,104 |
| 23 years | $5,313 |
| 25 years | $7,521 |
Top Solar Installers in Bloomer
Installing solar panels yourself can be a time-consuming undertaking, which is why getting a solar installer is a good option for many homeowners. 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 over time.
If you’d like to start using solar energy but still aren’t sure which solar company to go with, here are our suggestions for providers in Bloomer:
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 Bloomer
Factors that Affect Solar Panel Costs in Bloomer
For many Bloomer homeowners, the decision to install a solar energy system comes down to cost. However, the range of solar installation costs can be quite wide in Bloomer, with typical prices between $20,000 to $40,000. There are a few factors that considerably influence the price you’ll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the price of solar panels in Bloomer, 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 type of 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. However, higher efficiency could save you more in the long run on your energy bills. Additionally, extra products, such as solar batteries, can bring your total well above the Bloomer average.
Solar Financing Terms
Most solar companies in Bloomer have solar loans, which reduce the initial cost of installing a solar system.Though solar loans make adopting solar energy more accessible for Bloomer 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 go with to handle your switch to solar energy can play a part in your total costs. There are about 3 solar panel companies in Bloomer, and each can charge varying amounts for labor and equipment.You may come across national solar installers that have lower prices because of their bigger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or promotions to compete with those major players.
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 | $12,330 | 14.5 years |
| 8 kW | $3.96 | $22,163 | $16,875 | 14.2 years |
| 10 kW | $3.88 | $27,160 | $21,637 | 13.9 years |
| 12 kW | $3.80 | $31,940 | $26,616 | 13.6 years |
| 14 kW | $3.72 | $36,503 | $31,812 | 13.4 years |
| 16 kW | $3.65 | $40,849 | $37,226 | 13.1 years |
| 18 kW | $3.57 | $44,977 | $42,857 | 12.8 years |
| 20 kW | $3.49 | $48,888 | $48,705 | 12.5 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you find the right company for you, here are some tips to keep in mind:
- Installation Process: When making the switch to solar power, it’s essential to maintain an open line of communication with your solar company. Confirm that you understand how the installation process works and the project timeline.
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you hire.
- Contract: When looking over your solar company’s contract, ask questions about any terms you’re not sure of and make sure you understand what happens in scenarios like a system part breaking or if the company goes out of business.
- Warranty: Many companies offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
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 Bloomer, WI Solar Cost FAQs
How much does it cost to install solar panels in Bloomer?
This is a hard question to answer exactly, because the cost depends on a variety of 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 additional solar equipment or more efficient panels, or if you have above-average energy usage. On the other hand, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
Should I lease or buy solar panels in Bloomer?
Leasing solar panels can be an attractive choice, because it typically comes with low or $0 upfront payments. The drawback is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any incentives and your home value won’t increase. Buying solar panels is a better option if you want to get the most savings.
Can solar panels eliminate my electricity bills?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners in Bloomer, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you’ll want to contact a local solar installer to see how many panels can fit on your roof.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs 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 install 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.