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Top Solar Installers in Addison
When going solar, many homeowners choose to go with a solar company since putting up a solar system yourself can be a challenging project. The expertise that solar installers offer can be useful as well, especially if you don't quite know what kind of solar equipment you need.
There are several licensed solar professionals that can install solar panels for you. Here are our suggestions:
See all of the solar companies in Addison
Factors that Affect Solar Panel Costs in Addison
Even though the average cost of solar panels in Addison is $12,479, your actual cost may be above or below the average. There are many factors that can have a major impact on the cost of a solar panel installation. Below are some of the more crucial things to take into consideration.
Solar Equipment Size
The size of the solar energy system you need for your household is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $2,730. The brand and type of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have a small roof or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want add-ons like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be financially overwhelming. Solar loans are provided by most installers in Addison, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more accessible. Though solar loans make going solar more accessible for Addison homeowners, they can also increase the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
A final factor to keep in mind when trying to figure out the cost of solar for your home or business in Addison is the company you get to install your PV system. As with choosing a company to install new cabinets, for instance, there are plenty of solar installers that provide a range of services at different price points. You may notice national solar installers that have lower prices due to their larger brand name and access to bulk prices, or you might see small, local installation companies offering deals or promotions to compete with those major players.
Solar Panel Cost Data by System Size
|System size||Cost per system watt||Solar system cost||25-Year savings||Payback period|
|6 kW||$2.84||$11,925||$8,840||14.4 years|
|8 kW||$2.78||$15,594||$12,093||14.1 years|
|10 kW||$2.73||$19,110||$15,498||13.8 years|
|12 kW||$2.68||$22,473||$19,057||13.5 years|
|14 kW||$2.62||$25,684||$22,768||13.3 years|
|16 kW||$2.57||$28,741||$26,632||13.0 years|
|18 kW||$2.51||$31,646||$30,649||12.7 years|
|20 kW||$2.46||$34,398||$34,819||12.4 years|
Solar Incentives in Addison
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to align on any details you need to know with your solar installer, such as what permits you should acquire and what the project timeline is.
- Reputation: Solar installers that have great reviews from their customers and that have been in business for many years in most cases offer good-quality solar panel installation and expertise.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and energy needs. Even though there are many options for which type of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to take a look at their list of offerings before deciding.
- Contract: Read the contract terms thoroughly to make sure you understand the cost breakdown, project timeline rebates and warranties.
EcoWatch's Addison, IL Solar Cost FAQs
Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert’s opinion on the top solar companies featured here, follow this link.