Solar Panel Cost Guide in Batavia, IL (2023 Update)
- Batavia Solar Installation Cost: $12,479
- 25-Year Savings: $14,170
- Payback Period: 11.7 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Batavia
Here's how much it might cost to go solar in Batavia.
In Batavia, solar panels cost about 2.73 per watt on average. Because a 6.5-kW system is needed to cover the energy needs of a typical home in Batavia, the average price of going solar will be about $12,479 after claiming the federal solar tax credit of 30%.
Keep in mind that the figures above are only estimates based on the average Batavia homeowner. The cost of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor. But, after you've paid the initial cost of installation, the savings for most homeowners is quite fruitful, with a net average savings of about $16,000 over 20 years on energy bills.
To see your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in Batavia
| Year | Return on Investment |
|---|---|
| 1 years | $-11,413 |
| 3 years | $-9,281 |
| 5 years | $-7,149 |
| 7 years | $-5,017 |
| 9 years | $-2,885 |
| 11 years | $-753 |
| 13 years | $1,379 |
| 15 years | $3,511 |
| 17 years | $5,643 |
| 19 years | $7,775 |
| 21 years | $9,907 |
| 23 years | $12,038 |
| 25 years | $14,170 |
Top Solar Installers in Batavia
Installing solar panels on your own can be a time-consuming project, which is why hiring a solar installer is a good option for many homeowners. Companies can also provide access to a large variety of the best solar panels and help you choose which one will be best for your family.
You can get a free quote from a local solar installer on the cost of solar panels for your home. Here are some in Batavia:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
See all of the solar companies in Batavia
Factors that Affect Solar Panel Costs in Batavia
For many Batavia homeowners, the decision to install solar panels comes down to cost. However, the range of solar installation costs can be quite wide in Batavia, with typical prices between $20,000 to $40,000. There are a few factors that greatly influence the price you'll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the price of a solar energy system in Batavia, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home's energy usage, which you can determine by looking at past power bills. Your total cost can increase by about $2,730 for each additional kilowatt you need. The model of solar panels and equipment you want is another factor that will substantially affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more expensive. Further, solar equipment goes beyond just the solar panels themselves. You'll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when looking into a solar system that's in your budget.
Solar Financing Terms
Most solar installers in Batavia offer solar loans, which reduce your upfront costs of installing solar. However, the interest on solar loans also adds to your all-in costs, so it's vital to include that in your estimate as well. You can always lower the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
The solar company you go with to handle your switch to green energy can have an effect on your total costs. There are about 3 solar installation companies operating in Batavia, and each can charge different amounts for labor and equipment. Some companies only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It's best to do some research and find a company that provides the products, warranties and services you're looking for and also fits within your budget.
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 | $12,560 | 12.2 years |
| 8 kW | $2.78 | $15,594 | $17,053 | 11.9 years |
| 10 kW | $2.73 | $19,110 | $21,699 | 11.7 years |
| 12 kW | $2.68 | $22,473 | $26,497 | 11.5 years |
| 14 kW | $2.62 | $25,684 | $31,448 | 11.2 years |
| 16 kW | $2.57 | $28,741 | $36,552 | 11.0 years |
| 18 kW | $2.51 | $31,646 | $41,809 | 10.8 years |
| 20 kW | $2.46 | $34,398 | $47,219 | 10.5 years |
How to Save on Solar Panels
The solar installer you choose will influence not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are several important things you should take into account, such as:
- Reputation: Companies that have been in business for many years likely have a high reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
- Installation Process: Get details from your solar company about the installation process and what to expect, such as when the site survey will be done and what the project timeline is.
- Solar Panel Brands: Not all solar companies offer the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you opt for.
- Contract: Before signing a contract with a solar installer, make sure to read it through fully so you understand the terms. Also, ask questions if you're not certain about some of the terms, such as what to do if a component breaks or malfunctions and what services you can expect from them.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Batavia, IL Solar Cost FAQs
How much does it cost to install solar panels in Batavia?
The average cost of solar panels in Batavia is about $13,650 for a 5-kW system and $27,300 for a 10-kW system before the ITC, but the real cost will depend on stuff like the kind of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider in addition to cost when buying solar panels?
The initial cost is a key factor to consider, but whether it's the most important for you depends on your reasons for going solar. In cities where rooftop space is limited, efficiency can trump the cost. Other factors that are important to consider are the quality and durability of your solar panels.
Do solar panels increase the value of your home?
Solar panels can increase the value of your home remarkably as long as you buy or finance your panels and don't choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing a solar system."
What solar power system size is right for my home?
To figure out what solar panel system size you need, you should find out how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average home will need 20 to 35 panels.
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.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.