Solar Panel Cost Guide in Campton, IL (Mar 2023)
- Campton Solar Installation Cost: $12,479
- 25-Year Savings: $12,399
- Payback Period: 12.5 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Campton
We break down average solar pricing in Campton.
The national average cost of solar panels is $2.66 per watt, but in Campton it's 2.73 per watt. Using this figure, a typical 6.5-kW system would cost about $12,479 before the 30% federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average Campton homeowner. The price of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor. But, after you've paid the upfront cost of installation, the return on investment for most homeowners is quite good, with a net average savings of about $14,000 over 20 years on power bills.
To get a free quote from a top solar installer in Campton, you can click the button below.
Solar savings over time in Campton
| Year | Return on Investment |
|---|---|
| 1 years | $-11,484 |
| 3 years | $-9,494 |
| 5 years | $-7,503 |
| 7 years | $-5,513 |
| 9 years | $-3,523 |
| 11 years | $-1,533 |
| 13 years | $457 |
| 15 years | $2,448 |
| 17 years | $4,438 |
| 19 years | $6,428 |
| 21 years | $8,418 |
| 23 years | $10,408 |
| 25 years | $12,399 |
Top Solar Installers in Campton
Many homeowners opt for a solar installation company since trying to put up solar panels yourself can be a labor-intensive endeavor. Plus, if you aren't sure what type of solar panels and equipment you need, a solar expert can help you find the right equipment for you after a site survey and consultation.
There are a number of licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Campton
Factors that Affect Solar Panel Costs in Campton
Although the average cost of a solar system in Campton is $12,479, your final cost may be above or below the average. There are several factors that can have a sizable impact on the cost of a solar panel installation. Below are some of the more important things to take into consideration.
Solar Equipment
When it comes to estimating the price of a solar system in Campton, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home's energy consumption, which you can figure out by looking at past power bills. Your overall cost can increase by about $2,730 for each additional kilowatt you need. The type of solar panels and equipment you get is another factor that will greatly affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more costly. Moreover, solar equipment goes beyond just the solar panels themselves. You'll also need to think about 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 for a solar system that falls within your budget.
Solar Financing Terms
If paying for a solar system out of pocket is out of reach, solar loans are an affordable option because they reduce your upfront costs and allow you to pay for your system over five to seven years on average. Though solar loans make adopting solar energy more accessible for Campton 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 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 evaluate the cost of solar for your home or business in Campton is the company you choose to install your solar system. Similar to choosing a company to renovate your kitchen, for instance, there's no shortage of solar installers that offer a range of services at different price points. Larger national companies usually have lower costs, but some local companies undercut them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or add-on services like electric car charger installation, they might be cheaper overall.
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 | $10,933 | 13.0 years |
| 8 kW | $2.78 | $15,594 | $14,883 | 12.8 years |
| 10 kW | $2.73 | $19,110 | $18,985 | 12.5 years |
| 12 kW | $2.68 | $22,473 | $23,241 | 12.3 years |
| 14 kW | $2.62 | $25,684 | $27,650 | 12.0 years |
| 16 kW | $2.57 | $28,741 | $32,211 | 11.8 years |
| 18 kW | $2.51 | $31,646 | $36,926 | 11.5 years |
| 20 kW | $2.46 | $34,398 | $41,793 | 11.3 years |
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 find the right company for you, here are some tips to keep in mind:
- Contract: Before you sign a contract with a solar installer, be sure to look it over completely so you understand the terms. Also, ask questions if you aren't sure about some of the terms, such as what to do if a part breaks or malfunctions and what services you can expect from them.
- Warranty: If you're concerned about the durability of your solar energy system, ensuring your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and how much efficiency they need. Although there are many options for which kind 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 making your decision.
- 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 support, such as part repairs and replacements.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Campton, IL Solar Cost FAQs
How much does it cost to install solar panels in Campton?
The average cost of solar panels in Campton 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 such as the kind of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Campton?
A solar panel system isn't free in Campton, 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.
Do solar panels increase your home value?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Campton is currently $344,761, which means you could be looking at a value of about $14,135 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Campton is a rewarding investment.
How long do solar panels last in Campton?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher level of energy production.
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.