Solar Panels Cost 2.6k-13k in Hobart, WI | November, 2024

Solar Panels Cost $2.6k-$13k in Hobart, WI | November, 2024

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

To go solar costs approximately $3.78 per watt in Hobart, WI in the month of November, 2024.

Expect the price to be $3,780, on average, for every 1 kW (or 1000 watts) of solar energy your solar panel system can produce. In Hobart, you will spend approximately $13,230 for a 5 kW solar system once the 30% federal income tax credit is factored in. Don't overlook, a more powerful system may be essential to fully meet your energy demands.

To the left,choose your area to view the typical roof size and the average maximum capacity of solar panels for homes in your county. Shown below is a summary 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.
Hobart: $13,230US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Hobart: 11 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Hobart: $4,351US Average: $16,169

Solar Potential in Hobart

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

Roof size 697sq. ft.
Capacity 9.75kW DC
Electricity 10.5kkWh AC per yr.

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

The average electric bill for an energy consumer in Hobart is $96.88 and the average number of kWh used each month per household is 592. This statistic also encompasses data from apartments and smaller residences, which typically have less energy consumption.

Hobart, WI's electricity rate averages 16.37¢ per kWh in November 2024.

To account for the electricity requirements of a typical consumer in Hobart, a solar power system of 5 kW or higher is essential. Upfront, a 5 kW solar installation is around $18,900, with the federal tax credit providing 30% back, lowering the cost to $13,230.

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Average solar panel costs by system size in Hobart

On your left, you will see a thorough cost analysis for multiple solar panel system sizes set up in Hobart. As expected, with a larger solar system, there will be a larger initial investment, but the benefits are more electricity savings and more substantial income tax credits.

Check the solar panel cost calculator to the right and below to see the cost and benefit details based on an average $96.88 electric bill in Hobart. If you want tailored results, adjust the $96.88 to your usual electricity bill amount.

System Size 1kW
Roof Size Min. space required
72 ft²
Electricity Value Annual Production $229 a year
Est. Price
$2,646
Savings from a 1kWthis system
  • Est. yearly production 1,429 kWh
  • Est. monthly savings $19
  • Full payback in 2 years
Environmental Impacts
  • Reduces CO2 emissions by 1.14 tons a year
  • Equivalent to planting 52 trees a year
  • Equivalent to driving 2,824 mi less a year
System Size 2kW
Roof Size Min. space required
143 ft²
Electricity Value Annual Production $457 a year
Est. Price
$5,292
Savings from a 2kWthis system
  • Est. yearly production 2,859 kWh
  • Est. monthly savings $38
  • Full payback in 5 years
Environmental Impacts
  • Reduces CO2 emissions by 2.28 tons a year
  • Equivalent to planting 105 trees a year
  • Equivalent to driving 5,648 mi less a year
System Size 3kW
Roof Size Min. space required
215 ft²
Electricity Value Annual Production $686 a year
Est. Price
$7,938
Savings from a 3kWthis system
  • Est. yearly production 4,288 kWh
  • Est. monthly savings $57
  • Full payback in 7 years
Environmental Impacts
  • Reduces CO2 emissions by 3.42 tons a year
  • Equivalent to planting 157 trees a year
  • Equivalent to driving 8,472 mi less a year
System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $915 a year
Est. Price
$10,584
Savings from a 4kWthis system
  • Est. yearly production 5,718 kWh
  • Est. monthly savings $76
  • Full payback in 9 years
Environmental Impacts
  • Reduces CO2 emissions by 4.56 tons a year
  • Equivalent to planting 210 trees a year
  • Equivalent to driving 11,296 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,144 a year
Est. Price
$13,230
Savings from a 5kWthis system
  • Est. yearly production 7,147 kWh
  • Est. monthly savings $95
  • Full payback in 11 years
Environmental Impacts
  • Reduces CO2 emissions by 5.7 tons a year
  • Equivalent to planting 262 trees a year
  • Equivalent to driving 14,120 mi less a year

Hobart Solar Panel Installation Incentives & Rebates | 2024

If you run a small business or farm in a rural area, you could receive REAP Grant support that covers 80% to 100% of your solar or wind turbine installation costs. To see if you qualify, use our REAP Grant eligibility tool.

Nearly all homeowners can benefit from the federal 30% income tax credit for solar panels, which renders switching to solar energy a practical choice in many regions of the U.S. Furthermore, numerous state and local programs aim to promote further adoption of solar energy.

There are 12 solar incentive and rebate initiatives in Wisconsin, provided by various utilities and governmental agencies.

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 those planning to remain in their homes after the solar system's payback period, installing solar panels is a smart choice in Hobart. A 5 kW system in Hobart, WI will help you save the average homeowner, on average, $10,021.2 over a 20 period and the average break even point is 11 years.

The cost of not having solar panels in Hobart, WI

In addition to missing out on the savings mentioned above, not having solar panels or an alternative backup energy source results in total reliance on your electric utility for electricity. Several recent news reports have illustrated that total reliance on your utility is not always ideal.

Annually, customers in Hobart deal with about 0.67 outages. The average length of an outage is 76.75 minutes. However, during significant events such as landslides, grid management errors, or vandalism, this duration can grow considerably.

Even if it is without a backup battery, a solar panel system can reduce the stress of possible future outages.

Power Outages

Currently, 0 customers are being tracked in Brown County.

Learn more

Customers Out:

0

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

Your Energy Needs - The upfront cost for larger solar panel systems is higher, but the cost per watt reduces as the system size expands. A lot of people find it useful to install a solar energy system that can replace their entire electric bill. This ensures optimal savings.

Make & Model - Similar to other industries, the solar energy sector includes a range of solar panel brands and designs. The system preferences of your chosen installer can make it important to pick a highly rated company. The use of high-quality models can greatly better the long-term experience for buyers.

Solar Panel Type - Monocrystalline panels are widely recognized as the industry standard, and for valid reasons. They are associated with a higher price, but they produce more energy. Most solar panel installers opt for this type of material.

Your Property - Every property and home is distinct. Sloping terrain, trees, or other barriers can make the installation more difficult. Currently, many solar installers are able to utilize satellite images to evaluate your home and incorporate these aspects for the first cost estimate.

Labor Rates - The wages that companies give their employees vary, and these expenses are eventually passed on in consumer prices. Businesses typically receive higher reviews for their work and customer service when they pay higher wages.

Permitting & Interconnection - Your installation cost will be influenced by area-specific permitting and utility interconnection fees. Reputable local installers will integrate these numbers into your preliminary quotes to prevent any surprises.

See what solar panels cost in other WI cities

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Who are the best solar installers in Hobart?

All Energy Solar

St. Paul, MN(800) 620-3370

Services

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

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

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

Micrometer Engineering

Scottsdale, AZ(602) 790-5749

Services

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

Dividend Finance

Cincinnati, OH(415) 805-7000

Services

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

Eagle Point Solar

Dubuque, IA(563) 582-4044

Services

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

Palmetto Solar

Charleston, SC(855) 339-1831

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.

SunPower Corporation

San Jose, CA(800) 786-7693

Services

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

Silver Sun Solar

Deltona, FL(407) 832-42452

Services

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

ConEdison Solutions

Valhalla CDP, NY(914) 286-7000

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.

Bright Skies

Pleasant Grove, UT(608) 293-1163

Services

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

Appleton Solar

Appleton, WI(920) 470-6393

Services

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

Harvest Solar

Jackson, MI(888) 907-6527

Services

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

Olson Solar Energy

Onalaska, WI(608) 780-2347

Services

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

Sunrun

San Francisco, CA(833) 394-3384

Services

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

GRNE Solar

Palatine, IL(312) 859-3417

Services

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

Entegrity

Little Rock, AR(800) 700-1414

Services

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

Ideal Energy

Fairfield, IA(800) 634-4454

Services

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

City Electric Supply

Dallas, TX(866) 634-9853

Services

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

DT Solar

(888) 984-6786

Services

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

Hobart, WI Solar Panel Cost FAQs

  • The cost per watt for solar panels in Hobart, WI during November of 2024 averages $3.78/W. After federal tax credits, the installation of a 5 kW solar panel system in Hobart, WI is estimated to cost $13,230.
  • Various utility providers and government organizations in Wisconsin are offering 12 rebates and incentives at this time. Moreover, nearly everyone is eligible for the 30% federal income tax credit.
  • Opting to pay in cash provides the highest savings, but there are now numerous financing options for solar panels that make financial sense. Installers typically partner with financing companies and will include this information into your initial quotes.
  • Yes, in Hobart, WI, the average payback period for 5 kW solar panels is 11 years, resulting in average electricity savings of $10,021.2 over 20 years.
Alex Zdanov
Last Reviewed By: Alex Zdanov
Published: 2024-11-05