Solar Panel Cost Guide in Casey, IL (2024 Update)
- Casey Solar Installation Cost: $16,536
- 25-Year Savings: $12,873
- Payback Period: 16.6 Years
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Average Cost of Solar Panels in Casey
See how much it might cost to make the switch to solar in Casey.
The average cost of a solar system in Casey is 4 per watt.The average Casey homeowner needs a 6.3-kilowatt system, which would cost about $16,536 with the federal tax credit, or $23,646 before the 0 tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar energy system. The exact cost of installing solar panels can vary depending on a few factors, such as how many panels you need, your energy usage and what installation company you go with.Even with the high upfront cost, the average Casey homeowner can save around $15,000 on their electricity bills over 20 years, which is one of the advantages of solar.
For a personalized quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Casey
| Year | Return on Investment |
|---|---|
| 1 years | $-15,685 |
| 3 years | $-13,984 |
| 5 years | $-12,283 |
| 7 years | $-10,582 |
| 9 years | $-8,880 |
| 11 years | $-7,179 |
| 13 years | $-5,478 |
| 15 years | $-3,776 |
| 17 years | $-2,075 |
| 19 years | $-374 |
| 21 years | $1,327 |
| 23 years | $3,029 |
| 25 years | $4,730 |
Top Solar Installers in Casey
When making the switch to solar, many homeowners decide to hire a solar company since overseeing your solar installation yourself can be a difficult project. Plus, if you’re not certain what kind 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.
You can work with a local solar installer to get a free quote on how much your investment in solar could cost for your home. Here are some nearby:
Best National Provider
SunPower
- 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
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best for Leasing
Sunrun
- 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 Casey
Factors that Affect Solar Panel Costs in Casey
For many Casey homeowners, the decision to install solar panels comes down to cost. However, the range of solar installation costs can be quite wide in Casey, with typical prices between $20,000 to $40,000. There are a few factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. For that reason, it’s important to accurately gauge the size of the solar energy system needed for your home by figuring out your energy needs.Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Casey, where sunlight is relatively abundant, efficiency can quickly pay off. Also, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar installers in Casey offer solar loans, which reduce the initial cost of installing solar panels.Though solar loans make adopting solar energy more accessible for Casey homeowners, they can also add to the total you pay for your system due to interest. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar company you go with to handle your switch to sustainable energy can have an effect on your total costs. There are about 3 solar panel companies operating in Casey, and each can charge different amounts for labor and equipment.Larger national companies typically have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or additional services like electric vehicle 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 | $3.91 | $16,424 | $7,336 | 17.3 years |
| 8 kW | $3.84 | $21,477 | $10,203 | 16.9 years |
| 10 kW | $3.76 | $26,320 | $13,280 | 16.6 years |
| 12 kW | $3.68 | $30,952 | $16,568 | 16.3 years |
| 14 kW | $3.61 | $35,374 | $20,066 | 16.0 years |
| 16 kW | $3.53 | $39,585 | $23,775 | 15.6 years |
| 18 kW | $3.46 | $43,586 | $27,694 | 15.3 years |
| 20 kW | $3.38 | $47,376 | $31,824 | 15.0 years |
How to Save on Solar Panels
The solar company you opt for will be a major factor in determining not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are several important things you should keep in mind, such as:
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and energy needs. Although there are many options for which brand 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 peruse their list of options before making your decision.
- Contract: When reading through your solar company’s contract, ask for clarification about any terms you’re not sure of and make sure you understand what happens in scenarios such as a system component breaking or the company going out of business.
- Warranty: Many companies offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Installation Process: Homeowners should make sure they understand how exactly the installation process will be carried out, as well as important factors like the project timeline.
Best National Provider
SunPower
- 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
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's Casey, IL Solar Cost FAQs
What is the average cost of installing solar panels in Casey?
This is a tough question to answer exactly, because the cost depends on a few different factors. Broadly speaking, it costs about $18,800 for a 5-kW system and $37,600 for a 10-kW system after the ITC is applied. It will be more expensive if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy needs. On the flip side, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
Are solar panels free in Casey?
A solar panel system isn’t free in Casey, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Do solar panels increase the value of your home?
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 Casey is currently $105,398, so you could be looking at a value of about $4,321 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Casey is a fruitful investment.
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 house 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.