Solar Panels Cost 5.3k-15k in Eagle Lake CDP, WI | November, 2024

Solar Panels Cost $5.3k-$15k in Eagle Lake CDP, WI | November, 2024

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How much do solar panels cost in Eagle Lake CDP, WI in 2024?

For solar systems in Eagle Lake CDP, WI, the price per watt in November, 2024 is around $3.79/W.

Put another way, for every 1000 watts (or 1 Kw) your system can generate you will spend $3,790 to get your system installed in . Subtracting the 30% federal tax credit, a 5 kW solar installation in Eagle Lake CDP typically costs $13,265. It's worth noting that a larger system may be necessary to fully meet your energy requirements.

To the left, you can choose your county to view the average roof size and the maximum capacity of solar panel systems for houses in your area. Find below a detailed overview of the {price|costs, payback period, and 20-year average savings for a 5 kW system in your county.

Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Eagle Lake CDP: $13,265US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Eagle Lake CDP: 9 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Eagle Lake CDP: $9,783US Average: $16,169

Solar Potential in Eagle Lake CDP

Estimated system size and solar electricity production per median viable roof in
Eagle Lake CDP.

Roof size 590sq. ft.
Capacity 8.25kW DC
Electricity 9.3kkWh AC per yr.

Electricity Costs in Eagle Lake CDP, WI & What that Means for Your Solar Panel Pricing

The average electricity bill in Eagle Lake CDP, for a usage of 624 kWh per month, is $119.72. Smaller homes, such as micro-apartments, are also included in the data mentioned in the previous sentence.

As of November 2024, the mean rate for electricity per kWh in Eagle Lake CDP, WI amounts to 19.17¢.

The average electricity user in Eagle Lake CDP will require a 6 kW or more solar setup to account for their full electricity requirements. Upfront, a 6 kW solar panel installation is priced at around $22,740, with a 30% tax credit, the total comes down to $15,918.

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Average solar panel costs by system size in Eagle Lake CDP

Shown below and to the left, you can find a detailed pricing structure for multiple solar panel system sizes installed in Eagle Lake CDP. With larger solar systems, the price increases, but so do the electricity savings and the income tax credits you can gain.

The solar panel calculator, positioned to the right and below, provides a detailed cost and benefit analysis based on a typical $119.72 electric bill for Eagle Lake CDP. For personalized results, adjust the $119.72 to what your average electricity bill is.

System Size 2kW
Roof Size Min. space required
143 ft²
Electricity Value Annual Production $543 a year
Est. Price
$5,306
Savings from a 2kWthis system
  • Est. yearly production 2,859 kWh
  • Est. monthly savings $45
  • Full payback in 4 years
Environmental Impacts
  • Reduces CO2 emissions by 2.19 tons a year
  • Equivalent to planting 101 trees a year
  • Equivalent to driving 5,421 mi less a year
System Size 3kW
Roof Size Min. space required
215 ft²
Electricity Value Annual Production $815 a year
Est. Price
$7,959
Savings from a 3kWthis system
  • Est. yearly production 4,288 kWh
  • Est. monthly savings $68
  • Full payback in 6 years
Environmental Impacts
  • Reduces CO2 emissions by 3.29 tons a year
  • Equivalent to planting 151 trees a year
  • Equivalent to driving 8,132 mi less a year
System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $1,086 a year
Est. Price
$10,612
Savings from a 4kWthis system
  • Est. yearly production 5,718 kWh
  • Est. monthly savings $91
  • Full payback in 7 years
Environmental Impacts
  • Reduces CO2 emissions by 4.38 tons a year
  • Equivalent to planting 201 trees a year
  • Equivalent to driving 10,843 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,358 a year
Est. Price
$13,265
Savings from a 5kWthis system
  • Est. yearly production 7,147 kWh
  • Est. monthly savings $113
  • Full payback in 9 years
Environmental Impacts
  • Reduces CO2 emissions by 5.48 tons a year
  • Equivalent to planting 251 trees a year
  • Equivalent to driving 13,553 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,629 a year
Est. Price
$15,918
Savings from a 6kWthis system
  • Est. yearly production 8,576 kWh
  • Est. monthly savings $120
  • Full payback in 11 years
Environmental Impacts
  • Reduces CO2 emissions by 5.81 tons a year
  • Equivalent to planting 267 trees a year
  • Equivalent to driving 14,373 mi less a year

Eagle Lake CDP Solar Panel Installation Incentives & Rebates | 2024

Rural entrepreneurs and farmers might find that the REAP Grant pays for 80% to 100% of their costs when installing solar energy or wind energy systems. Think you fit the criteria? Confirm your eligibility with our REAP Grant eligibility tool.

For those looking into residential solar, the 30% federal income tax credit is available to most people, making solar a practical option in various states. A multitude of state and local programs are in place to encourage the use of solar energy.

Wisconsin residents have access to 12 solar rebate and incentive initiatives from multiple utilities and governmental organizations.

Solar incentives in WI

Renewable Energy Competitive Incentive Program

Value:Up to $500,000

Through Wisconsin's Focus on Energy program, nonprofits and public-sector agencies may receive grants to fund large-scale renewable energy investments. The current grant amount is variable per kilowatt hour for power generation or per kBTU for thermal systems. There are two requests for proposals (RFPs) opened annually. Organizations must include the technical specifications for their planned equipment, estimated energy/cost savings, and a suggested funding amount based on rate schedule guidelines. Additional information is available from the Focus on Energy website.

Design Assistance Program

Value:Up to $0.15

Through Wisconsin's Focus on Energy program, architects, building engineers, contractors, and property owners may be incentivized for meeting green construction standards. Qualifying projects include walls, lighting, windows/doors, insulation/weatherization, HVAC, water heating, and new renewable energy equipment. Awards are paid on a per-property basis; any home, business, or industrial facility may qualify. The current rebate amount is based on energy efficiency at a rate per kilowatt hour saved. Builders will receive a rebate during construction; property owners will receive their smaller rebate after construction is complete.

Renewable Rewards Program

Value:Up to $1,000

Wisconsin homeowners may be eligible for rebates on new solar PV/thermal and geothermal devices. For solar panels, the current rebate stands at $500 per array. Business customers are eligible for similar incentives but will be paid a capacity-based rebate. The maximum possible rebate is currently $1,000 for homes and $50,000 for businesses. Additional information is available from the Focus on Energy website.

Renewable Energy Sales Tax Exemptions

Value:Varies

Wisconsin sales/use tax exemptions apply to biofuel for residential energy production. Qualifying purchases include some agricultural crops, landfill gas, pellets, and wood chips/pellets/sawdust. Components used to store biofuels are not eligible for the exemption. Interested customers should submit a completed form S-211 to their retailer, who will apply for the exemption and offer a discount. Additional information and the necessary paperwork are available from the state Department of Revenue.

Net Metering

Value:Varies

In Wisconsin, all private and local public electrical utilities are required to offer net metering to their interconnected renewable customers up to a maximum quota. Cooperatives may participate in net metering, but they are not required to offer it. Any system up to 300 kW is eligible. Upon entering a net metering contract, the customer's utility will install a bidirectional meter to measure net excess generation (NEG) sent back to the grid. Customers will receive either monthly or annual bill credits for the NEG they export at a fixed, avoided-cost rate. Fees and capacity limits may apply. The Public Service Commission reserves the right to alter any net metering or energy tariff program.

Renewable Portfolio Standard

Value:Varies

Wisconsin first established a renewable portfolio standard in 1999. Initial goals required at least 10% of the state's retail electricity to be generated using renewable technology. New specific goals have never been implemented, but utilities are nonetheless obligated to increase their renewable energy activities at a rate of 6% per year. Carve-out provisions apply to keep most renewable investments within state lines. Compliance is measured using renewable energy credit (REC) and renewable resource credit (RRC) systems pegging one megawatt hour of electricity to a fluctuating dollar value. Utilities may generate credits through the use of their own renewable installations or purchase them through tariff arrangements and power purchase agreements. Each credit expires after four years of use.

Focus on Energy - Business & Marketing Grant

Value:Varies

Focus on Energy grant funding is available for Wisconsin businesses making new renewable energy investments or energy efficiency improvements. The maximum available grant is $10,000 to fund half of project costs. Eligible projects include new solar, wind, or biomass energy systems not involved in academic or corporate research and development. Grants may also support professional training and marketing initiatives. To apply, the business should be located in a participating utility's service area and submit a successful proposal. Additional information is available from the Focus on Energy website.

Energy Innovation Grant Program

Value:Varies

Wisconsin Energy Innovation grants are available to local governments, public schools, and manufacturing businesses making renewable energy investments or energy efficiency improvements. The Public Service Commission keeps an annual grant budget of roughly $5 million to award in proportion. Grants can fund new generation/energy storage equipment, sustainable transportation, and engineering reviews/project studies. Application periods, known as requests for proposals, are opened annually. Additional information is available on the Public Service Commission's website.

Interconnection Standards

Value:Varies

Distributed generation and grid interconnection practices have been standardized in Wisconsin since 2004. Each new solar, wind, or other renewable energy system is sorted into one of four regulatory "categories" based on capacity. Category 1 ends at 20 kW, Category 2 at 200 kW, and Category 3 at one megawatt. The category of a system will determine the UL/IEEE standards it must follow and the rigor of its permitting process, including application fees and review turnaround time. The state requires all system owners, even of Category 1 systems, to hold minimum liability insurance coverage of more than $300,000 per occurrence. Utilities may further require the installation of external disconnect switches, but may not charge additional fees or require additional regulatory reviews beyond what is necessary. Additional information is available from the Wisconsin Public Service Commission.

Public Benefits Fund

Value:Varies

In 1999, the Wisconsin legislature first established a public benefits fund for renewable energy and energy efficiency among low-income residents. The fund's day-to-day business is managed by a public/private partnership between Focus on Energy and the Department of Administration. Current fund initiatives support incentives, loans, and grants to home and business owners. Funding is sourced through both consumer surcharges and mandatory utility "buy-ins." Additional information is available from the Focus on Energy website.

Energy Efficiency and Green Building Standards for State Buildings

Value:Varies

Public buildings in Wisconsin are subject to sustainability and green construction standards set by the state's Department of Administration. Standards apply to new and existing buildings. New buildings must demonstrate energy efficiency of at least 30% above the state's commercial building codes, themselves based on LEED standards. Remodeling projects in existing facilities should procure only those building materials and appliances which have earned ENERGY STAR certification or which meet EPA/ASHRAE standards. Additional information, including compliance reports, is available from the Department of Administration.

Focus on Energy Program

Value:Varies

Wisconsin Focus on Energy (FoE) is a public benefits fund providing a central management infrastructure for energy efficiency and renewable energy incentive and financing programs. Utilities may tap from the fund to support loans, grants, rebates, and educational initiatives. Funding is supported through customer surcharges and mandatory utility "buy-ins." Additional information is available from the FoE website.

Are solar panels worth it in Wisconsin?

If you expect to own your residence longer than the solar system's payback period, solar panels are a good investment in Eagle Lake CDP. If you install a 5 kW solar system in Eagle Lake CDP, WI, you might save $15,467.8 over 20 years on average, with a break even point at roughly 9 years.

The cost of not having solar panels in Eagle Lake CDP, WI

Opting not to install solar panels or a separate backup energy solution results in you missing out on the savings noted earlier and makes you fully reliant on your electric utility for electricity. As we've seen in numerous recent news reports, complete reliance on your utility is not always ideal.

Recently, utilities in Eagle Lake CDP have averaged an average of 0.68 outages per customer annually. On average, an outage lasts 82.25 minutes. When major events such as aging infrastructure, tornadoes or construction accidents occur, these durations can increase significantly

Whether featuring a backup battery or not, a solar panel system can help alleviate the stress of possible future outages.

Power Outages

Currently, 0 customers are being tracked in Racine County.

Learn more

Customers Out:

0

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What impacts the cost of solar panels in Eagle Lake CDP, WI?

Your Energy Needs - Investing in larger solar panel systems costs more upfront, but the price per watt is reduced as the system size grows. Many consumers realize it's a good idea to set up a solar system that can produce enough power to fully cover their electric bill, because it helps them reduce costs.

Make & Model - Solar panels and mounting equipment are available in a range of makes and models. It's important to choose a highly rated contractor, considering the brand preferences that contractors may have. Buyers often find that using better quality equipment leads to a more satisfactory long-term experience.

Solar Panel Type - The industry standard is now monocrystalline panels, and for good reason. Although they are pricier, they provide increased energy. The majority of installers utilize panels made from this material.

Your Property - Each property and home presents unique challenges. Irregular terrain, trees, or other obstructions may complicate the installation process. These days, the majority of solar installers can assess your home with satellite images and incorporate these considerations in the first cost estimate.

Labor Rates - Different companies have varying pay scales for their employees, and these costs are ultimately borne by consumers. It is often observed that businesses with higher wages garner superior reviews for their work and customer service.

Permitting & Interconnection - Your final installation price will be impacted by the permitting and utility interconnection fees, which differ by area. Quality local installers will incorporate these figures into your preliminary estimates to avoid any surprises.

See what solar panels cost in other WI cities

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Who are the best solar installers in Eagle Lake CDP?

All Energy Solar

St. Paul, MN(800) 620-3370

Services

  • Consulting on all things solar related.
  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.

Academy Energy Group

Newburgh, IN(812) 518-2150

Services

  • Auditing of energy requirements for independent energy generation.
  • Solar systems for selling electricity back to the grid.
  • Monitoring of independent energy generation.
  • Reparation of solar arrays.
  • Installation of solar arrays.

SunVest Solar

Pewaukee, WI(262) 547-1200

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

Micrometer Engineering

Scottsdale, AZ(602) 790-5749

Services

  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.
  • Installation of batteries for energy storage.

Dividend Finance

Cincinnati, OH(415) 805-7000

Services

  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.
  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.

Eagle Point Solar

Dubuque, IA(563) 582-4044

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.

Palmetto Solar

Charleston, SC(855) 339-1831

Services

  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Reparation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

SunPower Corporation

San Jose, CA(800) 786-7693

Services

  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.
  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Monitoring of independent energy generation.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.

Silver Sun Solar

Deltona, FL(407) 832-42452

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.

ConEdison Solutions

Valhalla CDP, NY(914) 286-7000

Services

  • Consulting on all things solar related.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of batteries for energy storage.
  • Installation of solar arrays.

Bright Skies

Pleasant Grove, UT(608) 293-1163

Services

  • Reparation of batteries.
  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.

Harvest Solar

Jackson, MI(888) 907-6527

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

Olson Solar Energy

Onalaska, WI(608) 780-2347

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.
  • Solar systems for selling electricity back to the grid.
  • Consulting on all things solar related.

Sunrun

San Francisco, CA(833) 394-3384

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.

GRNE Solar

Palatine, IL(312) 859-3417

Services

  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.
  • Installation of solar arrays.

Entegrity

Little Rock, AR(800) 700-1414

Services

  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Monitoring of independent energy generation.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.
  • Installation of solar arrays.
  • Auditing of energy requirements for independent energy generation.

Ideal Energy

Fairfield, IA(800) 634-4454

Services

  • Reparation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.
  • Installation of batteries for energy storage.
  • Installation of solar arrays.

City Electric Supply

Dallas, TX(866) 634-9853

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Monitoring of independent energy generation.
  • Auditing of energy requirements for independent energy generation.

Current Electric

Wauwatosa, WI(262) 214-5598

Services

  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

DT Solar

(888) 984-6786

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of batteries for energy storage.

Eagle Lake CDP, WI Solar Panel Cost FAQs

  • As recorded in November, 2024, the standard cost for solar panel installations in Eagle Lake CDP, WI is $3.79/W. With the federal tax credit, the cost of a 5 kW solar panel system in Eagle Lake CDP, WI drops to roughly $13,265.
  • There are 12 rebates and incentives available in Wisconsin from a range of utility providers and government organizations. Also, nearly everyone can take advantage of the 30% federal tax credit.
  • Paying cash offers the most savings, but there are now numerous financing options for solar panels that are also cost-effective. Information about financing options is typically detailed in initial quotes provided by installers.
  • Yes, in Eagle Lake CDP, WI, 5 kW solar panel systems typically pay off in 9 years, and users save around $15,467.8 in electricity costs over 20 years.
Ginalyn Gelera
Last Reviewed By: Ginalyn Gelera
Published: 2024-11-05