Solar Panel Cost Guide in Lac du Flambeau, WI (2024 Update)
- Lac du Flambeau Solar Installation Cost: $20,621
- 25-Year Savings: $22,010
- Payback Period: 14.4 Years
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Average Cost of Solar Panels in Lac du Flambeau
See how much it might cost to install solar panels in Lac du Flambeau.
The national average cost of solar panels is $2.66 per watt, but in Lac du Flambeau it’s 4 per watt.Because a 7.6-kW system is needed to cover the energy needs of a typical home in Lac du Flambeau, the average price of going solar will be about $20,621 after claiming the federal solar tax credit of 0.
Remember that the numbers above are only averages. The price you’ll end up paying for solar will differ based on your household energy consumption, the type of equipment you want, your solar contractor and more.But, once you've paid the upfront cost of installation, the return on investment for most homeowners is usually rewarding, with a net average savings of about $18,000 over 20 years on utility bills.
To receive a free quote from a pre-vetted solar installer in Lac du Flambeau, you can click the button below.
Solar savings over time in Lac du Flambeau
| Year | Return on Investment |
|---|---|
| 1 years | $-19,517 |
| 3 years | $-17,309 |
| 5 years | $-15,100 |
| 7 years | $-12,892 |
| 9 years | $-10,683 |
| 11 years | $-8,475 |
| 13 years | $-6,266 |
| 15 years | $-4,058 |
| 17 years | $-1,849 |
| 19 years | $359 |
| 21 years | $2,568 |
| 23 years | $4,777 |
| 25 years | $6,985 |
Top Solar Installers in Lac du Flambeau
When switching to solar energy, many homeowners prefer to use a solar installation company since DIY solar panel installation can be a difficult project. Solar companies offer key benefits that can help you get the most out of your investment, like warranties, monitoring and free repairs.
If you're on the hunt for a solar installer in Lac du Flambeau, the EcoWatch team has put together a list of our top suggestions here:
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 Lac du Flambeau
Factors that Affect Solar Panel Costs in Lac du Flambeau
There are several factors that can affect your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. That’s why it’s crucial to accurately assess the size of the solar energy system needed for your home by figuring out your typical energy use.The type of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you opt for 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 over time on your power bills. Additionally, add-on products, like solar batteries, can bring your total well above the Lac du Flambeau average.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be challenging. Solar loans are offered by most installers in Lac du Flambeau, which can bring down, or in some cases eliminate, your upfront costs to make solar more affordable.Though solar loans make going solar more accessible for Lac du Flambeau homeowners, they can also add to the total you pay for your system, depending on your interest rate. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The remaining key cost factor you should keep in mind is the installer you choose. Given the growing popularity of renewable energy solutions in Lac du Flambeau, you’ll have many options to choose from, but each comes at varying price points for labor and equipment.The company’s size sometimes plays the most considerable role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have more 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 discount can bring their pricing lower to compete with bigger 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 | $11,365 | 15.0 years |
| 8 kW | $3.96 | $22,163 | $15,588 | 14.7 years |
| 10 kW | $3.88 | $27,160 | $20,028 | 14.4 years |
| 12 kW | $3.80 | $31,940 | $24,686 | 14.1 years |
| 14 kW | $3.72 | $36,503 | $29,560 | 13.8 years |
| 16 kW | $3.65 | $40,849 | $34,652 | 13.5 years |
| 18 kW | $3.57 | $44,977 | $39,962 | 13.2 years |
| 20 kW | $3.49 | $48,888 | $45,488 | 13.0 years |
How to Save on Solar Panels
The solar installer you choose will influence not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should take into account, including:
- Contract: It’s important to read through your solar installer’s contract carefully to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system’s energy production.
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years most likely provide quality solar panel installation and expertise.
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, longevity and energy efficiency. They will come at different costs as well. The company you choose affects which solar panel brands you have access to.
- Installation Process: One of the most important things to understand when adopting solar energy is the installation process itself. Be sure to align on any details you need to know with your solar company, such as what permits you should secure and how long the project will take.
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 Lac du Flambeau, WI Solar Cost FAQs
How much does it cost to install solar panels in Lac du Flambeau?
The average cost of solar panels in Lac du Flambeau 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 such as the model of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Lac du Flambeau?
Solar panels aren’t free in Lac du Flambeau, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Can solar panels eliminate my energy bills?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners in Lac du Flambeau, 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.
How often do you have to replace solar panels?
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 their energy production will have decreased significantly after that point. You can decide 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.