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

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

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

As of October, 2024, the current price to go solar in Stoughton, WI is $3.87 per watt.

This means that, solar panels will cost you approximately, on average, $3,870 per 1000 watts (1 kW) of generation capacity. In Stoughton, you can expect to spend about $13,545 for a 5 kW solar panel install after factoring in the 30% federal income tax credit. However, a 5kW system may not be big enough to fully meet your energy demands.

Use the left-hand menu to select your area and view the typical roof size and the maximum capacity for residential solar on homes in your county. You can review the costs, 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.
Stoughton: $13,545US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Stoughton: 13 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Stoughton: $2,291US Average: $15,784

Solar Potential in Stoughton

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

Roof size 912sq. ft.
Capacity 12.75kW DC
Electricity 14.7kkWh AC per yr.

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

The monthly kWh usage for a Stoughton energy consumer is 644, with a typical electric bill of $90.17. Smaller houses, including condos and duplexes, are also covered in the statistics cited in the preceding sentence.

The average electricity rate in Stoughton, WI in October 2024 is 14.01¢ per kWh.

Typical electricity users in Stoughton may need a solar system of 6 kW or larger to meet their entire electricity consumption demands. Initially, a 6 kWsolar installation costs about $23,220, with the 30% tax credit, this drops to $16,254.

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Average solar panel costs by system size in Stoughton

Displayed below and to the left, you will see a thorough pricing structure for different solar panel system sizes installed in Stoughton. The investment for a larger solar panel setup is higher, but it also provides higher electricity savings and increased income tax credits.

Using the solar panel cost calculator located to the right and below, you can view a detailed cost and benefit analysis based on an average electric bill of $90.17 in Stoughton. For results that are more personalized, modify the $90.17 to align with your regular electricity bill.

System Size 2kW
Roof Size Min. space required
143 ft²
Electricity Value Annual Production $400 a year
Est. Price
$5,418
Savings from a 2kWthis system
  • Est. yearly production 2,859 kWh
  • Est. monthly savings $33
  • Full payback in 5 years
Environmental Impacts
  • Reduces CO2 emissions by 2.21 tons a year
  • Equivalent to planting 101 trees a year
  • Equivalent to driving 5,470 mi less a year
System Size 3kW
Roof Size Min. space required
215 ft²
Electricity Value Annual Production $600 a year
Est. Price
$8,127
Savings from a 3kWthis system
  • Est. yearly production 4,288 kWh
  • Est. monthly savings $50
  • Full payback in 8 years
Environmental Impacts
  • Reduces CO2 emissions by 3.31 tons a year
  • Equivalent to planting 152 trees a year
  • Equivalent to driving 8,205 mi less a year
System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $800 a year
Est. Price
$10,836
Savings from a 4kWthis system
  • Est. yearly production 5,718 kWh
  • Est. monthly savings $67
  • Full payback in 10 years
Environmental Impacts
  • Reduces CO2 emissions by 4.42 tons a year
  • Equivalent to planting 203 trees a year
  • Equivalent to driving 10,940 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,001 a year
Est. Price
$13,545
Savings from a 5kWthis system
  • Est. yearly production 7,147 kWh
  • Est. monthly savings $83
  • Full payback in 13 years
Environmental Impacts
  • Reduces CO2 emissions by 5.52 tons a year
  • Equivalent to planting 254 trees a year
  • Equivalent to driving 13,675 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,201 a year
Est. Price
$16,254
Savings from a 6kWthis system
  • Est. yearly production 8,576 kWh
  • Est. monthly savings $90
  • Full payback in 15 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

Stoughton Solar Panel Installation Incentives & Rebates | 2024

Rural small business and farm owners might benefit from the REAP Grant, which could cover 80% to 100% of their solar energy or wind energy installation expenses. To see if you qualify, use our REAP Grant eligibility tool.

Homeowners can qualify for a 30% federal income tax credit for installing residential solar panels, making solar power a sensible option throughout much of the country. Alongside federal efforts, state and local programs help to support the use of solar power.

A total of 12 solar rebates and incentives are available in Wisconsin through various utility companies and government 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?

If you plan living in your home longer than the solar system's payback period, installing solar panels is an smart decision in Stoughton. With a 5 kW solar system in Stoughton, WI, the average savings over a 20 period is $8,095.8, with break even usually occurring at 13 years.

The cost of not having solar panels in Stoughton, WI

Besides missing out on the aforementioned savings, not installing solar panels or any backup energy system leaves you totally reliant on your electric utility for power. Recent news has demonstrated that complete dependence on your utility company is not always ideal.

Lately, utilities in Stoughton have recorded an average of 0.32 outages per customer annually. Usually, outages have an average duration of 34.42 minutes. However, during critical events like tornadoes, overloaded power grids, or wildlife damage, these times can extend dramatically.

A solar panel system, with or without a backup battery, could help mitigate the effects of future outages you might face.

Power Outages

Currently, 0 customers are being tracked in Dane County.

Learn more

Customers Out:

0

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

Your Energy Needs - Though the initial cost of larger solar panel systems is greater, the price per watt diminishes as the system gets larger. A majority of homeowners find it advantageous to set up a solar system that can generate enough electricity to replace the entirety of their electric bill. This approach makes the most sense for maximum savings.

Make & Model - Solar panels and mounting equipment are offered in a range of makes and models. The preferences for brand that your installer has may make it vital to pick a recommended installer. Buyers frequently find that utilizing higher quality equipment results in a more favorable long-term experience.

Solar Panel Type - The standard in the industry is now monocrystalline panels, and for good reason. Despite the higher price tag, these panels produce greater energy output. Most installation experts use panels crafted from this material.

Your Property - Each property and home has its own characteristics. Factors such as trees, sloping terrain, or additional hurdles can make the installation more challenging. By using satellite images, many solar installers nowadays can assess your home and include these factors into the initial cost estimate.

Labor Rates - Different companies have varying pay scales for their employees, and these costs are ultimately passed on to consumers. Higher reviews for services and customer service are often associated with companies that pay higher wages.

Permitting & Interconnection - Local permitting and utility interconnection fees, which change by area, will impact your installation cost. Reputable local installers will include these figures in your initial estimates to provide transparency.

See what solar panels cost in other WI cities

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Who are the best solar installers in Stoughton?

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.

Stoughton, WI Solar Panel Cost FAQs

  • As of October, 2024, the average per-watt cost for solar panels in Stoughton, WI is $3.87/W. The installation of a 5 kW solar panel system in Stoughton, WI will cost about $13,545 after federal tax credits.
  • Utilities and government agencies in Wisconsin are currently offering 12 different rebates and incentives. Moreover, nearly everyone is eligible for the 30% federal income tax credit.
  • Even though cash payments provide the greatest savings, many financing options for solar panels today are also cost-effective. Your initial quotes will often contain information about financing options provided by installers.
  • Yes, in Stoughton, WI, 5 kW solar panel systems usually pay off in 13 years, providing an average electricity cost savings of $8,095.8 over a 20-year period.
King Manalo
Last Reviewed By: King Manalo
Published: 2024-10-01