Solar Panel Cost Guide in Oneida, WI (2024 Update)
- Oneida Solar Installation Cost: $19,712
- 25-Year Savings: $23,906
- Payback Period: 13.3 Years
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Average Cost of Solar Panels in Oneida
We go over average solar pricing in Oneida.
While the national average of solar panels is $2.66 per watt, solar panels in Oneida generally cost about 4.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 just estimates, and your own solar costs may vary based on your specific situation and what company you go with.With average savings of about $19,000 on electricity bills over 20 years, many homeowners in Oneida find going solar has a decent ROI.
Click the button below to get connected to a highly rated solar panel company in Oneida for a customized estimate.
Solar savings over time in Oneida
| Year | Return on Investment |
|---|---|
| 1 years | $-18,447 |
| 3 years | $-15,919 |
| 5 years | $-13,391 |
| 7 years | $-10,863 |
| 9 years | $-8,335 |
| 11 years | $-5,806 |
| 13 years | $-3,278 |
| 15 years | $-750 |
| 17 years | $1,778 |
| 19 years | $4,306 |
| 21 years | $6,835 |
| 23 years | $9,363 |
| 25 years | $11,891 |
Top Solar Installers in Oneida
DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can take a lot of hard work. Using a solar company can make switching to solar power much easier. The expertise that solar installers provide can be helpful as well, particularly if you don’t quite know what brand of solar equipment you need.
There are a number of licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
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 Oneida
Factors that Affect Solar Panel Costs in Oneida
For many Oneida homeowners, the decision to adopt solar energy depends on cost. However, the range of solar installation costs can be quite wide in Oneida, with typical prices between $20,000 to $40,000. There are several factors that considerably influence the price you’ll pay, which we'll go over below.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. That’s why it’s important to accurately ascertain the size of the solar energy system needed for your home by figuring out your typical energy use.Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Oneida, where sunlight isn’t as abundant, efficiency can quickly pay off. Plus, 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
Many homeowners find the average cost of solar in Oneida to be prohibitively costly, even if the investment pays off over time. Thankfully, nearly every solar installer in the area offers financing options. Solar loans remarkably decrease upfront costs in most cases, but they also result in paying more over time because of interest.You’ll have to consider the long-term cost of loans, including the total interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
The solar installer you hire to handle your switch to clean energy can play a role in your total costs. There are about 3 solar panel companies operating in Oneida, and each can charge varying amounts for labor and equipment.The size of the company sometimes plays the most significant role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower pricing because of access to more resources and better pricing. Smaller local companies might be more costly, but they generally 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 | $13,736 | 13.8 years |
| 8 kW | $3.96 | $22,163 | $18,749 | 13.5 years |
| 10 kW | $3.88 | $27,160 | $23,979 | 13.3 years |
| 12 kW | $3.80 | $31,940 | $29,427 | 13.0 years |
| 14 kW | $3.72 | $36,503 | $35,092 | 12.7 years |
| 16 kW | $3.65 | $40,849 | $40,974 | 12.5 years |
| 18 kW | $3.57 | $44,977 | $47,074 | 12.2 years |
| 20 kW | $3.49 | $48,888 | $53,391 | 11.9 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you select the right company for you, here are some tips to keep in mind:
- Installation Process: When making the switch to solar energy, it’s necessary to maintain an open line of communication with your solar installer. See to it that you understand how the installation process works and the project completion timeline.
- Warranty: Many companies offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Reputation: Make sure your solar company has a good reputation by verifying it has certifications and licenses, checking its number of years in business and reading reviews by previous customers and solar experts like the EcoWatch team.
- Solar Panel Brands: Not all solar installers offer the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you hire.
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 Oneida, WI Solar Cost FAQs
What is the average cost of installing solar panels in Oneida?
The average cost of solar panels in Oneida 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 kind 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 Oneida?
Leasing solar panels can be an option if you can’t afford to pay upfront or secure a solar loan, but since you don’t own the system, you don’t have access to many solar incentives. Also your property 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.
Is it worth going solar in Oneida?
Solar panels can be a beneficial investment for lots of homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your energy bills are already reasonably low, solar panels might not be for you.
How many solar panels should I get to power my home?
To figure out how many solar panels you need, you should find out how much energy your home uses 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.