Solar Panel Cost Guide in Beardstown, IL (2024 Update)

  • Beardstown Solar Installation Cost: $16,530
  • 25-Year Savings: $19,013
  • Payback Period: 13.3 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Beardstown

See how much it might cost to make the switch to solar in Beardstown.

Currently, the national average cost of solar panels is $2.66 per watt. However, in Beardstown, the typical cost of a solar system is 4 per watt.Using this figure, a typical 6.3-kW system would cost about $16,530 before the 0 federal solar tax credit is applied.

Keep in mind that the figures above are only estimates based on the average energy use of Beardstown homeowners. 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.For most homeowners, the upfront investment in solar is worth paying. On average homeowners in Beardstown see about $19,000 in savings on utility bills over 20 years.

To see your potential savings and connect with a local solar company, click the button below.

Solar savings over time in Beardstown

Year Return on Investment
1 years $-15,679
3 years $-13,978
5 years $-12,277
7 years $-10,576
9 years $-8,874
11 years $-7,173
13 years $-5,472
15 years $-3,770
17 years $-2,069
19 years $-368
21 years $1,333
23 years $3,035
25 years $4,736

Top Solar Installers in Beardstown

Many homeowners opt for a solar installation company since trying to put up solar panels yourself can be a lot of work. Solar companies provide key benefits that can help you get the most out of your investment, like warranties, monitoring and free repairs.

You can work with a local solar installer to get a free quote on how much solar panels could cost for your home. Here are some nearby:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best for Leasing

Sunrun

★★★★★
4.0

  • Expansive service area
  • Many financing options
  • Some reported issues with customer service
  • Some reported issues with door-to-door sales

See all of the solar companies in Beardstown

Factors that Affect Solar Panel Costs in Beardstown

For many Beardstown homeowners, the decision to adopt solar energy rests on cost. However, the range of solar installation costs can be quite wide in Beardstown, with typical prices between $20,000 to $40,000. There are numerous factors that greatly influence the price you’ll pay, which we'll go over below.

Solar Equipment

One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household uses, the larger your system will likely need to be. You can expect to spend around $3,760 per kilowatt in Beardstown.The type of solar panels and equipment you get is another factor that will substantially influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Plus, solar equipment goes beyond just the solar panels themselves. You’ll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when searching for a solar system that falls within your budget.

Solar Financing Terms

Many homeowners find the average cost of solar in Beardstown to be prohibitively expensive, even if the investment pays off over time. Thankfully, nearly every solar installer in the area offers financing options. Solar loans greatly decrease upfront costs in most cases, but they also lead to a higher cost over time because of interest.Even though solar loans make going solar more accessible for Beardstown homeowners, they can also increase the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can avoid paying as much in interest.

Solar Panel Installation Company

A final consideration when trying to estimate the cost of solar for your home or business in Beardstown is the company you hire to install your solar panel system. As with choosing a company to build a deck or pool, for example, you’ll have many options for solar installers that offer a range of services at different price points.Companies that only sell high-quality, high-efficiency and high-price 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 decide on the company that provides the products, warranties and services you’re looking for and also fit into 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 $3.91 $16,424 $13,206 13.9 years
8 kW $3.84 $21,477 $18,030 13.6 years
10 kW $3.76 $26,320 $23,064 13.3 years
12 kW $3.68 $30,952 $28,308 13.1 years
14 kW $3.61 $35,374 $33,763 12.8 years
16 kW $3.53 $39,585 $39,428 12.5 years
18 kW $3.46 $43,586 $45,304 12.3 years
20 kW $3.38 $47,376 $51,391 12.0 years

How to Save on Solar Panels

The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since choosing a company can be a challenge, we have some tips to help you, such as:

  • Reputation: Long-running companies likely have a high reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
  • Warranty: Warranties that cover panel repairs and maintenance over a couple decades are the best you can get in the business, and offering such a warranty is one sign of a quality company.
  • Installation Process: Homeowners should make sure they know how exactly the installation process will go, as well as important factors like the completion timeline.
  • Contract: Before signing a contract with a solar company, make sure to read it through completely so you understand the terms. Also, ask questions if you’re unsure about some of the terms, such as what to do if a part breaks or malfunctions and what services you can expect from them.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best for Leasing

Sunrun

★★★★★
4.0

  • Expansive service area
  • Many financing options
  • Some reported issues with customer service
  • Some reported issues with door-to-door sales

EcoWatch's Beardstown, IL Solar Cost FAQs

How much does it cost to install solar panels in Beardstown?

The average cost of solar panels in Beardstown is about $18,800 for a 5-kW system and $37,600 for a 10-kW system before the ITC, but the real cost will depend on things such as the model of solar panels you want, what size system you need and how much energy you use.

Are solar panels free in Beardstown?

A solar panel system isn’t free in Beardstown, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.

Can you sell solar power back to the grid in Beardstown?

Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just offer you credit toward your future power bills.

What solar power system size is right for my home?

The exact number of solar panels you need depends on your household energy needs and the average daily sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to cover their typical energy usage.

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.

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