Solar Panel Cost Guide in Breese, IL (2023 Update)
- Breese Solar Installation Cost: $11,699
- 25-Year Savings: $13,807
- Payback Period: 11.5 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Breese
Here's how much it might cost to go solar in Breese.
The average cost of a solar system in Breese is 2.73 per watt. To account for the typical energy usage of the average home in Breese, most homeowners require a 6.1-kilowatt system. Using the figure above, a solar installation costs around $11,695, or $16,724 before the federal solar tax credit of 30% is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The actual cost of installing solar panels can vary depending on a few factors, such as what size system you need, your energy usage and what installation company you go with. With typical savings of about $16,000 on power bills over 20 years, many homeowners in Breese find investing in solar can pay off big.
Click the button below to get connected to a top solar company in Breese for a personalized quote.
Solar savings over time in Breese
| Year | Return on Investment |
|---|---|
| 1 years | $-11,614 |
| 3 years | $-11,444 |
| 5 years | $-11,274 |
| 7 years | $-11,104 |
| 9 years | $-10,933 |
| 11 years | $-10,763 |
| 13 years | $-10,593 |
| 15 years | $-10,423 |
| 17 years | $-10,253 |
| 19 years | $-10,083 |
| 21 years | $-9,913 |
| 23 years | $-9,743 |
| 25 years | $-9,573 |
Top Solar Installers in Breese
When going solar, many homeowners prefer to hire a solar installer since installing a solar system yourself can be a challenging project. Another benefit of going with a solar company is that they can help you maximize your return of investment by reducing your future costs of repairs and replacements because of warranties and informing you of local incentives you can take advantage of.
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 Breese:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
See all of the solar companies in Breese
Factors that Affect Solar Panel Costs in Breese
While the average cost of a solar system in Breese is $11,695, your actual cost may be above or below the average. There are quite a few factors that can have a significant impact on the cost of a solar system installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. Because of that, it's crucial to accurately ascertain the size of the solar energy system needed for your home by figuring out your energy needs. There are several different solar panel brands and the one you pick also changes the cost. Generally speaking, the brands that are more efficient tend to also cost more. Plus, the type of equipment you want to install can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Many homeowners find the average cost of solar in Breese to be prohibitively expensive, even if the investment pays off over time. Fortunately, nearly every solar company in the area offers financing options. Solar loans substantially decrease upfront costs in most cases, but they also lead to paying more over time due to interest. While solar loans make switching to solar energy more accessible for Breese homeowners, they can also add to 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 cut back on how much interest you have to pay.
Solar Panel Installation Company
Finally, the company you choose to install your solar panel system can affect your pricing. Breese's solar companies all have different labor costs and add varying upcharges to equipment. The company's size can sometimes play the most significant role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower prices due to greater resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower to compete with bigger companies.
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 | $13,074 | 11.9 years |
| 8 kW | $2.78 | $15,594 | $17,737 | 11.7 years |
| 10 kW | $2.73 | $19,110 | $22,554 | 11.5 years |
| 12 kW | $2.68 | $22,473 | $27,523 | 11.2 years |
| 14 kW | $2.62 | $25,684 | $32,645 | 11.0 years |
| 16 kW | $2.57 | $28,741 | $37,920 | 10.8 years |
| 18 kW | $2.51 | $31,646 | $43,348 | 10.5 years |
| 20 kW | $2.46 | $34,398 | $48,929 | 10.3 years |
How to Save on Solar Panels
Since the kind of solar panels and the installation company you choose has an impact on your costs and your system's efficiency, production, and durability, it's important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- 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 the warranty covers and if there are any guarantees about energy production.
- Reputation: Solar installers that have great reviews from their customers and that have been operating for many years likely offer high-quality solar panel installation and expertise.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and energy needs. While 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 ask for their list of options before deciding.
- Warranty: Companies typically offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Breese, IL Solar Cost FAQs
How much does it cost to install solar panels in Breese?
This is a difficult question to answer precisely, because the cost depends on a few different factors. Broadly speaking, it costs about $13,650 for a 5-kW system and $27,300 for a 10-kW system after the ITC is applied. It will be more expensive if you want extra solar equipment or more efficient panels, or if you have above-average energy consumption. Conversely, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
Can you get solar panels for free in Breese?
A solar panel system isn't free in Breese, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Is it worth going solar in Breese?
Solar panels can be a great investment for many homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your electricity bills are already reasonably low, solar panels might not be for you.
How many solar panels do I need to power my home?
To figure out what solar panel system size you need, you need to know how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average household 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.