Cost Of Solar Panels In Wisconsin: Local Solar Installation Prices
Heres a quick look at the estimated cost of solar in Wisconsin:
- Average Cost Per Watt: $2.60
- Cost of Average System: $13,468*
- Cost of Energy Without Solar: $39,205
- Payback Period: 11 Years**
- Lifetime Savings of Going Solar: $21,005
*Average system size is calculated using data from the Energy Information Administration. This price is after tax credit.**Payback period is calculated assuming the system is purchased in cash.
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Should I Buy Or Lease My Solar Panels
When you decide to install solar panels on your home, youll have two choices: buying or leasing your solar panels.
While both options have their advantages, buying your own solar panels is ultimately the most cost-effective. First, you can only take advantage of the federal tax credit and other financial incentives if you buy your panels. Buying your panels will also save you the most money on energy in the long run and can increase the resale value of your home by an average of $15,000.
While buying solar panels is cost-effective for most people, it simply isnt possible for everyone. Because of that, leasing solar panels helps to make solar more accessible. First, you can avoid the upfront cost required for buying your own solar panels. Additionally, leasing is better suited to renters for whom it doesnt make sense to buy panels.
A final option is participating in a community solar project. These shared solar programs allow anyone to join and share the benefit of the solar energy generated by the project. This type of program is ideal for those who cant afford solar panels or who live in homes where they cant install solar panels.
Order Of Module Connection
Module electrical connections are made in series to achieve a desired output voltage or in parallel to provide a desired current capability of the solar panel or the PV system. The conducting wires that take the current off the modules are sized according to the current rating and may contain silver, copper or other non-magnetic conductive transition metals. Bypass diodes may be incorporated or used externally, in case of partial module shading, to maximize the output of module sections still illuminated.
Some special solar PV modules include concentrators in which light is focused by lenses or mirrors onto smaller cells. This enables the use of cells with a high cost per unit area in a cost-effective way.
Solar panels also use metal frames consisting of racking components, brackets, reflector shapes, and troughs to better support the panel structure.
Scientists from Spectrolab, a subsidiary of Boeing, have reported development of multi-junction solar cells with an efficiency of more than 40%, a new world record for solar photovoltaic cells. The Spectrolab scientists also predict that concentrator solar cells could achieve efficiencies of more than 45% or even 50% in the future, with theoretical efficiencies being about 58% in cells with more than three junctions.
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All Energy Solar In Wisconsin
As the premiere solar provider to the Badger State, All Energy Solar strives to provide the best quality solar power systems at competitive prices. And with our ongoing monitoring and maintenance, you can feel confident in your investment in renewable energy.
All Energy Solar has roots in the Midwest including Wisconsin. In fact, President of All Energy Solar, Michael Allen is a proud Badger and graduate of University of Wisconsin Madison.
With the installation of solar panels for your home or business, you also get monitoring software that allows you to monitor your current usage and production, and tells us immediately if there are any problems with your system. The software also shows you how much coal youve offset and how many trees youve saved by using solar instead of fossil fuels.
Want to see the install process? Check out this time lapse:
The History Of How Solar Panels Generate Energy
Weve gone over it simply, but you might still be wondering how it really works. How do solar panels generate energy in the form of DC current? How is the sun powerful enough to power our entire planet for 500,000 years with just a small bit of light? And how do solar engineers plan on harnessing that energy for the good of mankind? Lets take a deeper look.
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The Age Of Solar Panels
Its argued throughout the scientific community as to when the first photovoltaic cells were created. But scientists give credit for the invention to a French scientist Edmond Becquerel. He determined that light could increase electricity generation when two metal electrodes were placed into a conducting solution. This breakthrough was deemed the photovoltaic effect.
There were several other great minds involved in the process throughout the 1800s who worked with different products to find the best way to produce electricity. But it wasnt until 1954 that Daryl Chapin, Calvin Fuller, and Gerald Pearsons created the silicon photovoltaic cell at Bell Labs. This event was significant because it was the first time that a solar cell could power an electric device for several hours a day. The first-ever cell could convert energy at just 4% efficiency. Thats a huge difference from the almost 50% efficiency thats been obtained today.
As you can see, solar panels have come a long long way from where they first started. Not only are they much more complex and efficient but scientists today are still working towards making these systems more and more efficient so that you can save more money and pay less to get them installed.
Where Does The Energy Go
When you have a solar battery installed as part of the solar energy system for your house, you may wonder where the electricity goes when your solar panels produce it. Does it go to the battery, the grid, or to your home? We understand that it can definitely be confusing, so lets break it down a bit.
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What Happens If I Produce More Solar Power Than I Need
Your home will still be connected to the electric grid so you have power when your system is not producing. Excess energy produced beyond what your home is using at any moment can flow back into the grid, and will earn you credit on your electricity bill. If you choose to integrate energy storage with your solar power system, any excess energy that is produced and not immediately used by your household will function to charge your battery. This, in turn, allows you to access stored solar power for your home when energy usage exceeds production, and provide valuable backup power during an outage.
Go Solar Anywhere In Wisconsin
We advocate for rules and policies that make clean energy available and affordable to you. Looking to install solar power at your home, business, or nonprofit organization? Wisconsin is fortunate to be served by a strong network of high-quality, homegrown solar installation firms located throughout the state. Check out our map so you can find the closest solar installers to you.
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Wisconsin Solar Power Is Helping The Environment
Wisconsin is filled with special and beautiful natural treasures, from Big Manitou Falls, to the Eagle River Chain of Lakes, Horicon Marsh and more. Preserving these epic spaces is something everyone is passionate about.
Solar power is part of a set of solutions that help support our move toward a cleaner, safer, and healthier environment. Each new residential solar power installation is one more way to:
· Reduce local greenhouse gas emissions
· Shrink carbon footprints
· Decrease fossil fuel dependence
· Support reduced local emissions and improved community health
If youre like many of your friends and neighbors, these environmental benefits are another reason to embrace solar energy.
The Path Of Current Without A Battery Bank
Without a battery bank, the AC current will flow to your homes electrical panel and then to the rest of your home as you need it. Any extra electricity will be sent to the grid where it can be used by your neighbors. The biggest advantage to the electricity being sent back to the grid is net metering. We talked about it above, but net metering is when your electric company meters the amount of electricity that you give back to the grid and deducts it from your electric bill. In the best-case scenario, youll receive a slight refund for the electricity you provide to the grid in surplus.
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Is Solar Worth It In Wisconsin
Wisconsin is unique for its commitment to solar rights: the state grants solar and wind rights that support unrestricted access to the sun. This also guarantees that your HOA cannot stop you from installing a solar system for power generation.
Wisconsin receives an average of 1,500+ hours per year of usable sunlight on a fixed solar panel. While it might seem like Wisconsin suffers from too much inclement weather to make solar energy worth it, that amount of sunlight is actually more than enough to power the average home and create a tidy surplus. A 5-7 kW solar installation will likely cover your entire annual electricity usage, and leave an amount left over for net metering.
In short: yes, solar energy is definitely worthwhile for Wisconsin homes.
On This Page You Can:
Learn what solar incentives are available to Wisconsin homeowners
See what Wisconsin solar incentives you qualify for based on your utility company and city
Find out how much these incentives and/or Wisconsin solar tax credits will reduce your cost to go solar and add batteries
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How Do We Get Energy From The Sun
Solar energy isnt quite as difficult to explain or understand as you might expect. Its actually quite simple. All solar energy starts with the sun. After all, its not really solar energy if it doesnt use the biggest star in our galaxy to create electric power. Heres how solar panels capture the suns energy and then turn it into usable electricity with the help of inverters.
Best Solar Panel Brands And Installed Solar System Costs In 2022
Whether youre installing a DIY solar panel system or having one of the best solar companies in Wisconsin handle the details, youll want to choose the best solar panels for your home. So, how much will the panels themselves set you back?
Heres a price comparison of the best solar panel brands on the market:
|Solar Panel Brand
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Solar Lease In Wisconsin
Leasing would work wonders for those who cant tap the equity in their home for a loan. Or those who cant access the upfront cash for a purchase. A lease would let you put $0 down, get those panels on your roof, and then watch the savings roll in.
The savings wouldnt be as impressive as using your own money.
But as weve said, the law in Wisconsin doesnt let you take his option yet. Hopefully its just a matter of time.
Lower Taxes & Access To Other Incentives
Solar power is incentivized by both the State of Wisconsin and the federal government, so there are some tax incentives and other upsides to converting. Most important is the federal solar tax credit, also called the ITC. This is a tax credit in the amount of 26% of your total installation costs that gets credited to your federal income taxes. The ITC averages around $4,732 in Wisconsin.
There are some additional Wisconsin solar incentives available, which well list and explain briefly below:
- Net Metering: Net metering is mandated in Wisconsin and lets you offset your costs for incoming electricity using overproduction from your panels. Wisconsins net metering rates vary, and most are below the retail rate.
- Sales Tax Exemption: In an effort to keep installation costs down, Wisconsin waives sales tax on all solar equipment and installation charges.
- Property Tax Exemption: Solar panels will improve your property value, which would, under normal circumstances, cause your property taxes to increase. To prevent this from keeping residents from installing solar power systems, Wisconsin has a property tax exemption that stops your taxes from increasing as a result of going solar.
- Focus on Energy Program: Many Wisconsin homeowners will also be eligible for this solar rebate program, which provides solar customers with up to $500 for converting to solar.
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Are There 0 Down Payment Financing Options In Wisconsin
Yes, but theres not a complete range of pay-nothing-now choices in Wisconsin. Strange to say, but its because its actually against the law to be a third-party supplier of energy here.
What you can do instead is to take out a solar loan with no down-payment.
The alternative solar leases and power purchase agreements where a third-party supplies your powercant happen here.
Thats a real shame.
Elsewhere in the U.S. it has been leases and PPAs that have driven forward rates of adoption of solar.
With them you can power your home with the sun without needing cash in hand. Or getting into debt or having onerous credit checks run. Plus, all the hassles of ownership fall onto that third-party.
Huge numbers of homeowners across the USA have switched onto solar as a result.But in here in Wisconsin youll just have to rely on solar loans alone. That doesnt have to be a problem, though, especially if you can tap the equity in your home to get lower rates.
Lets run quickly through the different types of zero-down solar schemes, so you can understand what all the fuss is about in other states.
Choose The Right Solar Partner
The company that sells and installs your solar system isnt just your solar installer theyre your solar partner for years to come. When looking for a solar partner, find a local company with a reputation for quality work and service. Youll want to be able to contact and work with your solar partner in case anything goes wrong in the future.
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Net Metering Policies In Wisconsin
Wisconsin mandates net metering from all electric companies, so every solar customer will have access to the program. However, the rate at which youre compensated for excess energy production and other program specifics can vary among electricity providers. The policy you have usually wont make or break solar viability, but you should check with your provider before committing. Less favorable net metering programs often require customers to pay more to install a solar battery if they want to eliminate their utility bills.
How To Switch To Solar Energy
If you like the benefits that solar panels offer, want to give back to the planet by lowering your carbon footprint, and save money on electricity, you can switch to solar in no time. The process of switching from conventional electricity to solar panels for your home is quite simple. The easiest way to go about it is to find a solar provider that you want to partner with.
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Components Of A Solar Panel
The components of a solar panel arent as complex as you might think. Some of the first solar panels were developed in the late 1800s. The most important solar panels component is the photovoltaic cells that capture sunlight and transfer the energy to the inverters that change the DC electricity to AC electricity. Each photovoltaic cell is contained within a larger silicon cell encased in glass and metal to protect it from weather and water damage.
The glass that covers the silicon PV cells is covered in an anti-reflective coating to help the panels collect the most sunlight possible and, in turn, generate an optimal amount of electricity. A solar inverter is the portion of the solar energy system that acts as the systems power plant and converts the energy to alternating current .
Returning Power To The Grid
After your solar energy system generates power, it has to go somewhere. Electricity isnt like water or gas because its not able to live in the lines forever. Instead, it needs to either be used or moved to a new place. This is just one of the reasons we encourage homeowners to use a battery bank. Battery banks are the only way to store your solar power until youre ready to use it.
But, on the chance that youre not ready or able to get a battery bank installed in your home, you might be in luck! Many power companies offer a service referred to as net metering. Net metering is a way for solar energy systems to create electricity and then give whats not used to the power company. Power companies can then offer you a credit to your electric bill for the power youre providing to the grid. This is a great way to help maximize your investment in solar panels.
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Advantages Of A Solar Battery Bank
If you do choose to install a battery bank on your home, here are some of the advantages that youll be able to experience.
- On-demand power whenever you need it.
- Security during power outages.
- Cleaner energy is better for the environment.
- A quiet solution to power outages. No need for noisy generators and their gas fuel consumption
- Lower electric bills because you wont be using traditional power almost at all.
There are more advantages than that, but these are the most important advantages weve found over the years. If youre sold on the idea of a solar battery bank, contact us today, and we can estimate your cost for a solar battery bank.