Solar Panels Cost 10k-21k in Mondovi, WI | October, 2024

Solar Panels Cost $10k-$21k in Mondovi, WI | October, 2024

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

It averages out to $3.9/W to go solar in October, 2024 in Mondovi, WI.

For every 1000 watts (1 kW) your solar system can produce, you will need to spend, on average, $3,900 to have it installed. You are able to conclude this by using this rate price cost above. Typically, the cost of a 5 kW panel install in Mondovi, after you deduct 30% federal tax credit, comes to $13,650. It's vital to take into account that a higher capacity system could be needed to fully meet your energy demands.

To the left,choose your area to access information on the typical roof size and the average maximum capacity of residential solar for homes in your county. You can review the price, payback period, and 20-year average savings for a 5 kW system in your county below.

Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Mondovi: $13,650US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Mondovi: 8 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Mondovi: $13,572US Average: $15,784

Solar Potential in Mondovi

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

Roof size 679sq. ft.
Capacity 9.5kW DC
Electricity 10.3kkWh AC per yr.

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

Energy consumers in Mondovi usually use 867 kWh per month, with an average monthly bill of $137.80. Small residences, such as lofts and duplexes, are also encompassed in the figures mentioned in the prior sentence.

The electricity rate per kWh in Mondovi, WI for October 2024 averages 15.9¢.

To cover their full power consumption requirements of an average user in Mondovi, a solar power system of 8 kW or higher is a must. Currently, an 8 kW setup costs around $21,840 after incentives.

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Average solar panel costs by system size in Mondovi

Presented on the left, you will find a cost summary for different solar panel system sizes set up in Mondovi. Of course, with a bigger solar system, you will have a larger initial investment, but the rewards are higher electricity savings and larger income tax credits.

The solar panel cost calculator, positioned down and to the right, provides a breakdown of costs and benefits using an average $137.80 electric bill for Mondovi. Custom results can be gotten by adjusting the $137.80 to your typical bill amount.

System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $915 a year
Est. Price
$10,920
Savings from a 4kWthis system
  • Est. yearly production 5,718 kWh
  • Est. monthly savings $76
  • Full payback in 7 years
Environmental Impacts
  • Reduces CO2 emissions by 3.29 tons a year
  • Equivalent to planting 151 trees a year
  • Equivalent to driving 8,154 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,144 a year
Est. Price
$13,650
Savings from a 5kWthis system
  • Est. yearly production 7,147 kWh
  • Est. monthly savings $95
  • Full payback in 8 years
Environmental Impacts
  • Reduces CO2 emissions by 4.12 tons a year
  • Equivalent to planting 189 trees a year
  • Equivalent to driving 10,192 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,372 a year
Est. Price
$16,380
Savings from a 6kWthis system
  • Est. yearly production 8,576 kWh
  • Est. monthly savings $114
  • Full payback in 10 years
Environmental Impacts
  • Reduces CO2 emissions by 4.94 tons a year
  • Equivalent to planting 227 trees a year
  • Equivalent to driving 12,231 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,601 a year
Est. Price
$19,110
Savings from a 7kWthis system
  • Est. yearly production 10,006 kWh
  • Est. monthly savings $133
  • Full payback in 12 years
Environmental Impacts
  • Reduces CO2 emissions by 5.76 tons a year
  • Equivalent to planting 265 trees a year
  • Equivalent to driving 14,269 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,830 a year
Est. Price
$21,840
Savings from a 8kWthis system
  • Est. yearly production 11,435 kWh
  • Est. monthly savings $138
  • Full payback in 13 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

Mondovi Solar Panel Installation Incentives & Rebates | 2024

The financial burden of installing solar or wind turbines for rural agricultural enterprises and small businesses could be eased with the REAP Grant, covering 80% to 100% of the costs. Wondering if you fall into this category? Check your eligibility with our REAP Grant eligibility tool.

Homeowners can benefit from a 30% federal income tax credit for setting up residential solar panels, which makes solar power a feasible option throughout much of the country. Moreover, a number of state and local programs are available to promote solar adoption.

Wisconsin provides 12 solar rebates and incentives from various utility companies and government departments.

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 in Mondovi intending to stay in their homes past the payback period of their solar system, solar panels make good sense. By installing a 5 kW solar system in Mondovi, WI, you can expect to save around $19,422 over 20 years, with the break even point usually being 8 years.

The cost of not having solar panels in Mondovi, WI

Skipping solar panels or an alternative backup energy source results in you'll miss out on the savings highlighted before and be completely dependent on your electric utility for power. As recent news articles have shown, full dependence on your utility provider is not always ideal.

On average, customers in Mondovi have experienced 1.08 utility outages per year over the past few years. Typically, outages have an average duration of 127.66 minutes. However, during significant events such as equipment failure, hurricanes or wildlife damage, these times can drastically increase.

Whether equipped with a backup battery or not, a solar panel system can reduce the strain of potential future outages.

Power Outages

Currently, 0 customers are being tracked in Eau Claire County.

Learn more

Customers Out:

0

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

Your Energy Needs - The upfront cost for larger solar panel systems is larger, but the cost per watt reduces as the system size expands. Many consumers realize it's a good idea to set up a solar system that can make enough power to offset their electric bill, because it helps them achieve greater savings.

Make & Model - There are a range of makes and models of solar panels and mounting equipment. Since your contractor may prefer particular brands, it's crucial to select a highly rated company. Choosing better quality materials can yield a much better long-term experience for the buyer.

Solar Panel Type - For several valid reasons, monocrystalline panels are now the industry standard. They come with a higher price, but they provide more energy. Most solar panel installers opt for this type of material.

Your Property - Each home and property is unique in its own way. Uneven land, trees, or additional considerations may complicate the installation. Today, the majority of solar installers can assess your home with satellite images and factor in these considerations in the preliminary cost estimate.

Labor Rates - Companies provide varying pay rates to their employees, which are then shown in the prices consumers pay. Businesses tend to receive higher reviews for their services and customer service when they pay better wages.

Permitting & Interconnection - Local permitting and utility interconnection fees, which vary by area, will influence your installation cost. That said, reputable local installers will be able to incorporate these numbers into your first quotes so there are no surprises.

See what solar panels cost in other WI cities

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Who are the best solar installers in Mondovi?

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.

Mondovi, WI Solar Panel Cost FAQs

  • As recorded in October, 2024, the standard cost for solar panel installations in Mondovi, WI is $3.9/W. Installing a 5 kW solar panel system in Mondovi, WI will cost approximately $13,650 after applying the federal tax credit.
  • Currently, Wisconsin residents can benefit from 12 rebates and incentives available through various utilities and government bodies. Moreover, nearly everyone is eligible for the 30% federal income tax credit.
  • Paying cash offers the most savings, but there are now numerous financing options for solar panels that are also advantageous. Initial quotes from installers will frequently include information about available financing options.
  • Yes, the typical duration for 5 kW solar panel systems to pay back their cost in Mondovi, WI is 8 years, with electricity savings estimated at $19,422 over 20 years.
Ginalyn Gelera
Last Reviewed By: Ginalyn Gelera
Published: 2024-10-01