Solar Panel Cost Guide in Marinette, WI (2024 Update)
- Marinette Solar Installation Cost: $19,779
- 25-Year Savings: $22,154
- Payback Period: 14.0 Years
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Average Cost of Solar Panels in Marinette
Find out what the average cost of solar panels are in Marinette.
In Marinette, solar panels cost about 4 per watt on average.To cover the typical energy usage of the average home in Marinette, most homeowners require a 7.3-kilowatt system. Using the figure above, a solar installation costs about $19,779, or $28,284 before the federal solar tax credit of 0 is applied.
Keep in mind that the figures above are only estimates based on the average Marinette homeowner. The price of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor.Despite the significant initial cost, the average Marinette homeowner can save around $18,000 on their power bills over 20 years, which is one of the benefits of solar.
To receive a free estimate from a highly rated solar installer in Marinette, you can click the button below.
Solar savings over time in Marinette
| Year | Return on Investment |
|---|---|
| 1 years | $-18,641 |
| 3 years | $-16,363 |
| 5 years | $-14,086 |
| 7 years | $-11,809 |
| 9 years | $-9,532 |
| 11 years | $-7,255 |
| 13 years | $-4,978 |
| 15 years | $-2,700 |
| 17 years | $-423 |
| 19 years | $1,854 |
| 21 years | $4,131 |
| 23 years | $6,408 |
| 25 years | $8,685 |
Top Solar Installers in Marinette
When making the switch to solar, many homeowners choose to hire a solar installer since DIY solar panel installation can be a difficult project. Also, if you’d like to maximize your investment in solar energy, opting for a solar installer can help with that too. Different providers can offer warranties, expertise on solar panel installation and sometimes even information on local incentives, rebates and net metering programs.
If you're on the hunt for a solar installer in Marinette, the EcoWatch team has organized 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 Marinette
Factors that Affect Solar Panel Costs in Marinette
While the average cost of a solar system in Marinette is $19,779, your actual cost may differ. There are quite a few factors that can have a significant impact on the cost of a solar system installation. Below are some of the more crucial things to take into consideration.
Solar Equipment
The size of the solar system you need for your household, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by about $3,880. Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Marinette, where sunlight isn’t as abundant, efficiency can quickly pay off. Also, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for solar panels in cash is too expensive, solar loans are an affordable route because they cut back your upfront costs and let you pay for your system over a term of, on average, between five and seven years.Although solar loans make switching to solar energy more accessible for Marinette homeowners, they can also raise the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar company you choose will impact your total cost to go solar. Different companies will bill different amounts for the equipment and labor.You may see 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 specials 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 | $12,225 | 14.5 years |
| 8 kW | $3.96 | $22,163 | $16,735 | 14.2 years |
| 10 kW | $3.88 | $27,160 | $21,461 | 14.0 years |
| 12 kW | $3.80 | $31,940 | $26,406 | 13.7 years |
| 14 kW | $3.72 | $36,503 | $31,567 | 13.4 years |
| 16 kW | $3.65 | $40,849 | $36,946 | 13.1 years |
| 18 kW | $3.57 | $44,977 | $42,542 | 12.8 years |
| 20 kW | $3.49 | $48,888 | $48,355 | 12.6 years |
How to Save on Solar Panels
There are numerous companies to choose from in Marinette, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be difficult, so here are some tips to help you decide:
- Solar Panel Brands: Different companies will have different brands and types of panels. If you prefer a specific brand, make sure the solar panel company you’re considering has it.
- Contract: Before signing a contract with a solar company, make sure to look it over completely so you understand the terms. Also, ask questions if you’re not sure about some of the terms, such as what the warranty covers and what services you can expect from them.
- Installation Process: Get details from your solar installer about the installation process and what to expect, such as when the site survey will be completed and how long it will take.
- Warranty: A comprehensive, 25-year warranty can help keep your solar panel system running for a long time and save you money on repairs and maintenance.
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 Marinette, WI Solar Cost FAQs
What is the average cost of installing solar panels in Marinette?
The average cost of solar panels in Marinette 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 things like the model of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in Marinette?
Leasing solar panels can be an attractive choice, because it typically comes with low or $0 upfront payments. The downside 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 way to go if you want to maximize your savings.
Is it worth going solar in Marinette?
Whether or not solar panels are worth it depends on a variety of factors like local electricity rates and how much direct sunlight your roof gets.
How many solar panels do I need to power my home?
To figure out how many solar panels you need, you need to know how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.
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.