Solar Panel Cost Guide in Centreville, IL (Feb 2023)

  • Centreville Solar Installation Cost: $11,619
  • 25-Year Savings: $10,973
  • Payback Period: 12.9 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated January 20, 2023

Why you can trust EcoWatch

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 Centreville

We go over average solar pricing in Centreville.

While the national average of solar panels is $2.66 per watt, solar panels in Centreville generally cost around $3. Since a 6.1-kW system is needed to cover the energy needs of a typical home in Centreville, the average price of going solar will be about $11,619 before claiming the federal solar tax credit of 30%.

Remember that the numbers above are only averages. The price you'll pay for solar will differ based on your household energy needs, the type of solar panels you choose, your solar contractor and more. Many homeowners find going solar is a fruitful investment. The average homeowner in Centreville can save about $14,000 on their power bills over 20 years.

Click the button below to get connected to a top solar installer in Centreville for a custom quote.

Solar savings over time in Centreville

Year Return on Investment
1 years $-10,715
3 years $-8,908
5 years $-7,101
7 years $-5,293
9 years $-3,486
11 years $-1,679
13 years $129
15 years $1,936
17 years $3,743
19 years $5,551
21 years $7,358
23 years $9,165
25 years $10,973

Top Solar Installers in Centreville

Trying to put up solar panels yourself can be a difficult project, which is why hiring a solar installer is a good option for many homeowners. Plus, if you aren't sure what brand of solar panels and equipment you want, a solar installer can help you figure that out after a site survey and consultation.

There are a number of licensed solar professionals that can install solar panels for you. Here are our suggestions:

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 (coming 2022)

Best Technology

Tesla Energy

★★★★★
4.5

  • 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 Centreville

Factors that Affect Solar Panel Costs in Centreville

Although the average cost of a solar system in Centreville is $11,619, your actual cost may differ. There are quite a few factors that can have a significant impact on the cost of a residential solar panel installation. Below are some of the more crucial things to take into consideration.

Solar Equipment

The size of the solar panel system you need for your home, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $2,730. The brand of solar panels and equipment you want is another factor that will largely influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. 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 searching for a solar system that's in your budget.

Solar Financing Terms

If paying for a solar system out of pocket is difficult, solar loans are a popular option because they cut back your upfront costs and let you pay for your system over five to seven years on average. Even though solar loans make going solar more accessible for Centreville homeowners, they can also increase the total you pay for your system due to interest. 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

The last major cost factor you should consider is the installer you choose. Given the booming popularity of green energy solutions in Centreville, you'll have a great number of options to choose from, but each comes at different price points for labor and equipment. Larger national companies generally have lower costs, but some local companies undercut them by offering 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 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 $2.84 $11,925 $10,374 13.4 years
8 kW $2.78 $15,594 $14,137 13.1 years
10 kW $2.73 $19,110 $18,054 12.9 years
12 kW $2.68 $22,473 $22,123 12.6 years
14 kW $2.62 $25,684 $26,345 12.3 years
16 kW $2.57 $28,741 $30,720 12.1 years
18 kW $2.51 $31,646 $35,248 11.8 years
20 kW $2.46 $34,398 $39,929 11.6 years

How to Save on Solar Panels

There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you select the right company for you, here are some tips to keep in mind:

  • Warranty: Warranties that provide coverage for defective panels and repairs over a couple decades are the best you can get in the business, and offering such a warranty is one indication of a good company.
  • Contract: When reading through your solar installer's contract, ask for clarification about any terms you're not sure of and be sure you understand what happens in scenarios like a system component breaking or the company going out of business.
  • Reputation: Solar companies that have great reviews from their customers and that have been operating for many years most likely provide good-quality solar panel installation and expertise.
  • 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 the exact one you may want or need, so be sure to take a look at their list of options before deciding.

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 (coming 2022)

Best Technology

Tesla Energy

★★★★★
4.5

  • 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 Centreville, IL Solar Cost FAQs

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

This is a hard question to answer precisely, because the cost depends on many factors. Generally 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 other solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the flip side, you can spend less if you choose a smaller solar panel system or less expensive solar panels.

Should I lease or buy solar panels in Centreville?

Leasing solar panels can be an attractive choice, because it typically comes with low or $0 upfront payments. The downside is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any tax rebates and credits and your home value won't increase. Buying solar panels is a better way to go if you want to get the most savings.

How will solar panels impact how much my home is worth?

Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Centreville is currently $81,311, so you could be looking at a value of about $3,334 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Centreville is a rewarding investment.

How often do you have to replace solar panels?

Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is their energy production will have decreased significantly after that point. You can opt to replace them after having them for that long or you can keep using them at a lower efficiency.

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.

Follow us