Solar Panel Cost Guide in Freedom, WI (2025 Update)
- Freedom Solar Installation Cost: $19,712
- 25-Year Savings: $23,244
- Payback Period: 13.5 Years
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Average Cost of Solar Panels in Freedom
Let’s take a look at the average cost of solar panels in Freedom.
The average cost of a solar panel system in Freedom is 4 per watt.Using this figure, a typical 7.3-kW system would cost about $19,712 before the 0 federal solar tax credit is applied.
These figures are only averages, and how much solar costs for you will most likely vary based on your specific situation and what company you choose to go with.Many homeowners find installing a solar panel system is a solid investment. The average homeowner in Freedom can save around $19,000 on their power bills over 20 years.
You can click the button below to get connected with a pre-vetted solar company in Freedom that can help you get a more accurate cost estimate for your home.
Solar savings over time in Freedom
| Year | Return on Investment |
|---|---|
| 1 years | $-18,416 |
| 3 years | $-15,825 |
| 5 years | $-13,234 |
| 7 years | $-10,643 |
| 9 years | $-8,052 |
| 11 years | $-5,461 |
| 13 years | $-2,870 |
| 15 years | $-279 |
| 17 years | $2,312 |
| 19 years | $4,903 |
| 21 years | $7,494 |
| 23 years | $10,085 |
| 25 years | $12,676 |
Top Solar Installers in Freedom
When going solar, many homeowners opt to go with a solar company since installing a solar system yourself can be a time-consuming project. The payback period of solar panels will vary depending on factors like your roof configuration and energy use, but working with a solar company can help you reach a break-even point sooner. Your provider will be able to help you apply for incentives available in your area.
Working with a vetted solar installer can make going solar easier. Here are our recommendations:
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 Freedom
Factors that Affect Solar Panel Costs in Freedom
There are a number of criteria that can play into your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. Because of that, it’s a priority to accurately gauge the size of the solar energy system needed for your home by figuring out your energy needs.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, more efficient panels could save you more in the long run on your electric bills. In addition, add-on products, such as solar batteries, can bump up your total well above the Freedom average.
Solar Financing Terms
Most solar installers in Freedom have solar loans, which reduce the initial cost of installing solar.However, the interest on solar loans also adds to your total costs, so it’s important to include that in your estimate as well. You can always bring down the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
The solar installation company you pick will play a role in your total cost to make the switch to solar power. Different companies will bill different amounts for the equipment and labor.You may come across national solar installers that have lower prices due to their larger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or promotions to compete with those larger companies.
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 | $13,188 | 14.1 years |
| 8 kW | $3.96 | $22,163 | $18,019 | 13.8 years |
| 10 kW | $3.88 | $27,160 | $23,067 | 13.5 years |
| 12 kW | $3.80 | $31,940 | $28,332 | 13.2 years |
| 14 kW | $3.72 | $36,503 | $33,814 | 13.0 years |
| 16 kW | $3.65 | $40,849 | $39,514 | 12.7 years |
| 18 kW | $3.57 | $44,977 | $45,431 | 12.4 years |
| 20 kW | $3.49 | $48,888 | $51,565 | 12.2 years |
How to Save on Solar Panels
There are a lot of companies available in Freedom, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be difficult, so here are some tips to help you decide:
- Installation Process: Get detailed information from your solar company about the installation process and what to expect, such as when the site survey will be done and what the project timeline is.
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, durability and efficiency. They will come at different costs as well. The company you choose impacts which solar panel brands you have access to.
- Contract: Before signing a contract with a solar installer, make sure to read it through completely so you understand the terms. Also, ask questions if you’re not certain about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
- Reputation: Make sure your solar company has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like EcoWatch.
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 Freedom, WI Solar Cost FAQs
How much does it cost to install solar panels in Freedom?
This is a hard question to answer precisely, because the cost depends on a variety of factors. Generally 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 be more expensive if you want additional solar equipment or higher quality panels, or if you have higher-than-average energy consumption. Conversely, you can spend less if you go with a smaller solar panel system or less efficient solar panels.
Should I lease or buy solar panels in Freedom?
Leasing solar panels can be an option if you are unable to pay upfront or get a solar loan, but since you don’t own the system, you can’t take advantage of many solar incentives. Also your home 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.
How will having solar panels impact my property value?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Freedom is currently $378,961, which means you can expect a value of about $15,537 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Freedom is a fruitful investment.
How long do solar panels last in Freedom?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount of energy production.
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.