Solar Panel Cost Guide in East Troy, WI (2024 Update)

  • East Troy Solar Installation Cost: $19,570
  • 25-Year Savings: $27,659
  • Payback Period: 12.0 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

Why you can trust EcoWatch

We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in East Troy

Let’s have a look at the average cost of solar panels in East Troy.

The national average cost of solar panels is $2.66 per watt, but in East Troy it’s 4 per watt.Using this figure, a typical 7.2-kW system would cost about $19,570 before the 0 federal solar tax credit is applied.

Remember that the numbers above are only averages. The price you’ll pay for solar will differ based on your household energy use, the type of equipment you choose, your solar contractor and more.For many homeowners, the upfront investment in solar power is worth paying. On average East Troy homeowners see about $22,000 in savings on electricity bills over 20 years.

Click the button below to get connected to a highly rated solar company in East Troy for a custom estimate.

Solar savings over time in East Troy

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 East Troy

Although it's possible to install solar panels by yourself, it requires extra effort and knowledge. For that reason, the majority of homeowners choose to go with a solar panel installer. Another benefit of utilizing a solar installer is that they can help you optimize your investment by lowering your future costs of repairs and replacements due to warranties and giving you information on local incentives you can take advantage of.

If you’d like to make the switch to solar but still aren’t certain which solar company to go with, here are our recommendations for providers in East Troy:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.0

  • 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

★★★★★
4.0

  • 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 East Troy

Factors that Affect Solar Panel Costs in East Troy

Even though the average cost of a solar system in East Troy is $19,570, your actual cost may be higher or lower than that. There are many factors that can have a significant impact on the cost of a residential solar panel installation. Below are some of the more crucial things to take into consideration.

Solar Equipment

When it comes to estimating the price of a solar system in East Troy, 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 consumption, which you can determine by looking at past energy bills. Your total cost can increase by around $3,880 for each additional kilowatt you need.There are many different solar panel brands and the one you pick also affects the cost. Usually, the brands that are more efficient tend to also cost more. Additionally, the type of equipment you’re looking to install can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.

Solar Financing Terms

Many homeowners find the average cost of solar in East Troy to be prohibitively expensive, even if the investment pays off over time. Fortunately, nearly every solar installer in the area offers financing options. Solar loans substantially decrease upfront costs in most cases, but they also result in paying more over time because of interest.While solar loans make adopting solar energy more accessible for East Troy homeowners, they can also add to the total you pay for your system, depending on your interest rate. 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 installation company you select will impact your total cost to adopt solar power. Different companies will charge different amounts for the equipment and labor.The company’s size sometimes plays the most considerable role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower prices because of access to greater resources and better 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 promotion can bring their pricing lower to compete with bigger names.

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 $17,003 12.5 years
8 kW $3.96 $22,163 $23,105 12.2 years
10 kW $3.88 $27,160 $29,425 12.0 years
12 kW $3.80 $31,940 $35,962 11.8 years
14 kW $3.72 $36,503 $42,716 11.5 years
16 kW $3.65 $40,849 $49,687 11.3 years
18 kW $3.57 $44,977 $56,876 11.0 years
20 kW $3.49 $48,888 $64,282 10.8 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 brands and price points. To help you find the right company for you, here are some tips to keep in mind:

  • Solar Panel Brands: The model of solar panel you’d like plays a role in which company you should go with, since different companies provide different panels.
  • Installation Process: One of the most important things to understand when adopting solar power is the installation process itself. Be sure to clarify any details you need to know with your solar company, such as what permits you should acquire and what the project timeline is.
  • Reputation: Long-standing companies likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
  • Contract: Though reading through a contract can take a lot of time, it’s important to do it fully so you can make sure you understand what services your solar company will provide and how part repairs and replacements will be handled.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.0

  • 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

★★★★★
4.0

  • Expansive service area
  • Makes charitable contributions
  • Certified B Corp
  • No leases or PPAs
  • Quality of installation may vary by location

EcoWatch's East Troy, WI Solar Cost FAQs

How much does it cost to install solar panels in East Troy?

The average cost of solar panels in East Troy 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 certain factors like the type of solar panels you want, what size system you need and how much energy you use.

Can you get solar panels for free in East Troy?

You can’t get solar panels for free in East Troy. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.

Is switching to solar power worth it?

Whether or not solar panels are worth it depends on a variety of factors like how much you pay for electricity and the amount of direct sunlight your roof gets.

How long do solar panels last in East Troy?

Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is how much energy they produce will have decreased significantly after that point. You can opt to replace them once you've had them for that long or you can keep using them at a lower efficiency.

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.

Follow us