Solar Panel Cost Guide in Blackberry, IL (2023 Update)
- Blackberry Solar Installation Cost: $12,479
- 25-Year Savings: $14,373
- Payback Period: 11.6 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Blackberry
Let's take a look at the average cost of solar panels in Blackberry.
The average cost of a solar system in Blackberry is 2.73 per watt. Because a 6.5-kW system is needed to cover the energy usage of a typical home in Blackberry, the average price of going solar will be about $12,479 after claiming the federal solar tax credit of 30%.
Remember that the numbers above are only averages. The price you'll end up paying for solar may vary based on your household energy consumption, the type of equipment you choose, your solar contractor and more. For most homeowners, the upfront cost of solar is worth paying. On average you could be looking at about $16,000 in savings on energy bills over 20 years.
To get a free estimate from a highly rated solar installer in Blackberry, you can click the button below.
Solar savings over time in Blackberry
| Year | Return on Investment |
|---|---|
| 1 years | $-11,405 |
| 3 years | $-9,257 |
| 5 years | $-7,108 |
| 7 years | $-4,960 |
| 9 years | $-2,812 |
| 11 years | $-664 |
| 13 years | $1,484 |
| 15 years | $3,633 |
| 17 years | $5,781 |
| 19 years | $7,929 |
| 21 years | $10,077 |
| 23 years | $12,225 |
| 25 years | $14,373 |
Top Solar Installers in Blackberry
Although it's possible to install solar panels on your own, it takes extra labor and handiness. Because of that, most homeowners choose to hire a solar panel installer. Companies can also offer access to a large variety of the best solar panels and help you decide which one will be best for you.
You can get a free estimate from a local solar installer on how much solar panels could cost for your home. Here are some in Blackberry:
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 Blackberry
Factors that Affect Solar Panel Costs in Blackberry
Cost is usually one of the most important factors for homeowners who want to invest in solar. There are a few key factors that will push your cost above or below the average in Blackberry: solar equipment and system size, financing options and the solar installation company you choose. We'll go over each of these briefly below.
Solar Equipment
One of the most important factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more energy your household consumes, the larger your system will likely need to be. You can expect to spend around $2,730 per kilowatt in Blackberry. There are many different solar panel brands and the one you pick also changes the cost. Generally, the brands that offer higher efficiency tend to also be more expensive. In addition, the type of equipment you're looking to install can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be difficult. Solar loans are provided by most installers in Blackberry, which can bring down, or in some cases eliminate, your upfront costs to make solar more accessible. You'll have to consider the long-term cost of loans, including the amount of interest you'll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or getting a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
The solar company you opt for to handle your switch to clean energy can have an effect on your total costs. There are about 3 solar panel companies in Blackberry, and each can charge different amounts for labor and equipment. You may come across national solar installers that have lower prices because of their larger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or specials 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 | $12,747 | 12.1 years |
| 8 kW | $2.78 | $15,594 | $17,302 | 11.9 years |
| 10 kW | $2.73 | $19,110 | $22,009 | 11.6 years |
| 12 kW | $2.68 | $22,473 | $26,870 | 11.4 years |
| 14 kW | $2.62 | $25,684 | $31,883 | 11.2 years |
| 16 kW | $2.57 | $28,741 | $37,050 | 10.9 years |
| 18 kW | $2.51 | $31,646 | $42,369 | 10.7 years |
| 20 kW | $2.46 | $34,398 | $47,841 | 10.5 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because picking a company can be difficult, we have some tips to help you, such as:
- Contract: Look through the contract terms closely to make sure you understand how much it will cost, completion timeline incentives and warranties.
- Reputation: Companies that have been operating for many years likely have a good 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 support, such as part repairs and replacements.
- Solar Panel Brands: Different companies offer different brands and kinds of panels. If you prefer a specific brand, make sure the solar panel installer you're considering has it.
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to align on any details you should know with your solar installer, such as what permits you should secure and how long the project will take.
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 Blackberry, IL Solar Cost FAQs
What is the average cost of installing solar panels in Blackberry?
The average cost of solar panels in Blackberry is about $13,650 for a 5-kW system and $27,300 for a 10-kW system before the ITC, but the actual cost will depend on stuff like the model of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Blackberry?
You can't get solar panels for free in Blackberry. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd rather own your solar panels, you can finance them with a solar loan.
Can you sell solar power back to the grid in Blackberry?
The majority of states offer net metering programs of some kind. Through these, you can either receive compensation for the extra power your system generates or or receive credits to put toward future electricity bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy needs and how much sunlight your roof gets. You can 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 install between 20 and 35 panels to account for 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.