Solar Panels Cost 5.4k-16k in Edgerton, WI | October, 2024

Solar Panels Cost $5.4k-$16k in Edgerton, WI | October, 2024

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How much do solar panels cost in Edgerton, WI in 2024?

Typically, in Edgerton, WI in the month of October, 2024, the cost per each watt for solar panel systems is $3.89/W.

In accordance with the price, you can conclude that for every 1 kW (1000 watts) your solar system can generate you will need to invest $3,890 to get your panels installed. After receiving the 30% federal tax credit, a 5 kW solar panel install in Edgerton sets you back $13,615. Be aware that a larger system might be required to fulfill your energy requirements.

To the left,choose your area to find out the average roof size and the average maximum capacity of solar panel systems for homes in your county. Below is a full analysis of the price, 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.
Edgerton: $13,615US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Edgerton: 10 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Edgerton: $8,282US Average: $15,784

Solar Potential in Edgerton

Estimated system size and solar electricity production per median viable roof in
Edgerton.

Roof size 751sq. ft.
Capacity 10.5kW DC
Electricity 11.8kkWh AC per yr.

Electricity Costs in Edgerton, WI & What that Means for Your Solar Panel Pricing

On average, Edgerton residents use 697 kWh each month, and the electric bill is $115.55. Bear in mind that this figure incorporates data from both apartments and smaller homes with reduced energy requirements.

In October 2024, the electricity rate in Edgerton, WI is on average 16.57¢ per kWh.

Average electricity users in Edgerton may want a solar panel system with a generation capacity of 6 kW or more to satisfy their full electricity usage needs. At the moment, a 6 kW solar installation will cost you roughly $23,340upfront, but thanks to the 30% federal tax credit, you receive 30% back, reducing the total to $16,338.

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Average solar panel costs by system size in Edgerton

Below on the left side, there is the cost breakdown for multiple sizes of solar panel systems set up in Edgerton. Even though a larger solar installation carries a larger expense, it also offers higher electricity savings and larger income tax credits.

In the calculator provided to the right and below, you will find a breakdown of solar panel costs and benefits, calculated with an average $115.55 electric bill for Edgerton. Adjust the $115.55 to your average electricity bill payment for results that are tailored to you.

System Size 2kW
Roof Size Min. space required
143 ft²
Electricity Value Annual Production $486 a year
Est. Price
$5,446
Savings from a 2kWthis system
  • Est. yearly production 2,859 kWh
  • Est. monthly savings $40
  • Full payback in 4 years
Environmental Impacts
  • Reduces CO2 emissions by 2.08 tons a year
  • Equivalent to planting 96 trees a year
  • Equivalent to driving 5,153 mi less a year
System Size 3kW
Roof Size Min. space required
215 ft²
Electricity Value Annual Production $729 a year
Est. Price
$8,169
Savings from a 3kWthis system
  • Est. yearly production 4,288 kWh
  • Est. monthly savings $61
  • Full payback in 6 years
Environmental Impacts
  • Reduces CO2 emissions by 3.12 tons a year
  • Equivalent to planting 143 trees a year
  • Equivalent to driving 7,730 mi less a year
System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $972 a year
Est. Price
$10,892
Savings from a 4kWthis system
  • Est. yearly production 5,718 kWh
  • Est. monthly savings $81
  • Full payback in 8 years
Environmental Impacts
  • Reduces CO2 emissions by 4.16 tons a year
  • Equivalent to planting 191 trees a year
  • Equivalent to driving 10,307 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,215 a year
Est. Price
$13,615
Savings from a 5kWthis system
  • Est. yearly production 7,147 kWh
  • Est. monthly savings $101
  • Full payback in 10 years
Environmental Impacts
  • Reduces CO2 emissions by 5.2 tons a year
  • Equivalent to planting 239 trees a year
  • Equivalent to driving 12,883 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,458 a year
Est. Price
$16,338
Savings from a 6kWthis system
  • Est. yearly production 8,576 kWh
  • Est. monthly savings $116
  • Full payback in 12 years
Environmental Impacts
  • Reduces CO2 emissions by 5.96 tons a year
  • Equivalent to planting 274 trees a year
  • Equivalent to driving 14,760 mi less a year

Edgerton Solar Panel Installation Incentives & Rebates | 2024

Small businesses and farms in rural areas may see between 80% and 100% of their solar or wind turbine installation costs covered by the REAP Grant. Wondering if you fall into this category? Check your eligibility with our REAP Grant eligibility tool.

Almost all homeowners can benefit from the 30% federal income tax credit for residential solar, making solar energy a sensible option across most parts of the country. Alongside federal incentives, there are many state and local efforts to encourage solar energy adoption.

Several utilities and government agencies in Wisconsin currently offer 12 solar rebates and incentives.

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?

For homeowners in Edgerton planning to remain in their homes after the payback period for solar panels, solar energy is a sensible choice. In Edgerton, WI, a 5 kW solar system installation might save you $14,117 on average over 20 years, with a typical break even point of 10 years.

The cost of not having solar panels in Edgerton, WI

Besides missing out on the aforementioned savings, not having solar panels or a different backup energy source makes you fully reliant on your electric utility for electricity. The news has provided several examples demonstrating that full reliance on your utility is not always ideal.

The utilities in Rock County have averaged about 0.83 outages per customer per year in recent years. Usually, outages have an average duration of 114.75 minutes. However, during critical events like planned maintenance, grid management errors or winter storms, these times can extend dramatically.

A solar panel system, with or without a backup battery or not, could reduce the impact of future power outages you might face.

Power Outages

Currently, 0 customers are being tracked in Rock County.

Learn more

Customers Out:

0

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What impacts the cost of solar panels in Edgerton, WI?

Your Energy Needs - Even though larger solar panel systems have a larger initial cost, the cost per watt drops. For most individuals, setting up a system that can produce enough power to reduce their entire electric bill is useful, providing significant savings.

Make & Model - Similar to many other products, there are a variety of makes and models of solar panels on the market. The potential brand preferences of your installer mean that it is it's even more necessary to pick a highly rated company. Choosing superior quality materials generally yields a more favorable long-term experience for the buyer.

Solar Panel Type - For good reasons, monocrystalline panels have emerged as the standard in the industry. Even though they are costlier, they generate additional energy. The majority of installers use panels crafted from this material.

Your Property - Each property and home has its own characteristics. Factors like irregular terrain, trees, or other challenges can make the installation more challenging. Nowadays, solar installers commonly leverage satellite images to evaluate your home and incorporate these considerations into the preliminary cost estimate.

Labor Rates - Companies offer varying pay rates to their employees, which are then passed on to the prices consumers pay. Businesses that invest in higher wages often see higher reviews for their services and customer service.

Permitting & Interconnection - Regional differences in permitting and utility interconnection fees will affect your installation cost. Reliable 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 Edgerton?

Academy Energy Group

Newburgh, IN(812) 518-2150

Services

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

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

Dividend Finance

San Francisco, CA(415) 805-7000

Services

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

Palmetto Solar

Charleston, SC(855) 339-1831

Services

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

SunPower Corporation

San Jose, CA(800) 786-7693

Services

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

Silver Sun Solar

Deltona, FL(340) 227-7785

Services

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

Generac

Waukesha, WI(888) 436-3722

Services

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

ConEdison Solutions

Valhalla CDP, NY(914) 286-7000

Services

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

Bright Skies

Pleasant Grove, UT(608) 293-1163

Services

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

Harvest Solar

Jackson, MI(888) 907-6527

Services

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

Olson Solar Energy

Onalaska, WI(608) 780-2347

Services

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

Sunrun

San Francisco, CA(833) 394-3384

Services

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

GRNE Solar

Palatine, IL(312) 859-3417

Services

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

Entegrity

Little Rock, AR(800) 700-1414

Services

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

Ideal Energy

Fairfield, IA(800) 634-4454

Services

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

DT Solar

(888) 984-6786

Services

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

Edgerton, WI Solar Panel Cost FAQs

  • In October, 2024, the typical price per watt for solar panels in Edgerton, WI is $3.89/W. After the federal tax credit, the estimated cost for a 5 kW solar panel system in Edgerton, WI is roughly $13,615.
  • Residents of Wisconsin can currently take advantage of 12 rebates and incentives offered by various utilities and government bodies. In addition, the 30% federal income tax credit is available to almost everyone.
  • Paying in cash provides the highest savings, but there are several financing options available today for solar panels that are also financially advantageous. Many installers will detail information about financing options in their initial quotes.
  • Yes, in Edgerton, WI, the average time for 5 kW solar panel systems to pay for themselves is 10 years, leading to electricity savings of $14,117 over a 20-year period.
Alex Zdanov
Last Reviewed By: Alex Zdanov
Published: 2024-10-01