Solar Panel Cost Guide in Dixon, IL (2024 Update)
- Dixon Solar Installation Cost: $17,026
- 25-Year Savings: $10,250
- Payback Period: 18.8 Years
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Average Cost of Solar Panels in Dixon
See how much it might cost to switch to solar power in Dixon.
While the national average of solar panels is $2.66 per watt, solar panels in Dixon generally cost around 4.Using this figure, a typical 6.5-kW system would cost about $17,026 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The actual cost of going solar can vary based on several factors, such as what size system you need, your energy consumption and what solar installer you go with.With average savings of about $13,000 on utility bills over 20 years, many homeowners in Dixon find investing in solar can be quite rewarding.
To calculate your potential ROI and connect with a local solar expert, click the button below.
Solar savings over time in Dixon
| Year | Return on Investment |
|---|---|
| 1 years | $-15,870 |
| 3 years | $-13,557 |
| 5 years | $-11,245 |
| 7 years | $-8,933 |
| 9 years | $-6,620 |
| 11 years | $-4,308 |
| 13 years | $-1,996 |
| 15 years | $317 |
| 17 years | $2,629 |
| 19 years | $4,942 |
| 21 years | $7,254 |
| 23 years | $9,566 |
| 25 years | $11,879 |
Top Solar Installers in Dixon
Many homeowners decide to use a solar installation company since trying to install solar panels by yourself can be time-consuming. Companies can also provide access to various kinds of the best solar panels and help you decide which one will be right for your home.
There are various licensed solar professionals that can help you install your solar panels. Here are our suggestions:
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 Dixon
Factors that Affect Solar Panel Costs in Dixon
For many Dixon homeowners, the decision to install a solar energy system depends on cost. However, the range of solar installation costs can be quite wide in Dixon, with typical prices between $20,000 to $40,000. There are numerous factors that considerably influence the price you’ll pay, which we'll go over 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 electricity your household uses, the larger your system will likely need to be. You can expect to spend about $3,760 per kilowatt in Dixon.The model of solar panels and equipment you want is another factor that will largely influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Furthermore, solar equipment goes beyond just the solar panels themselves. You’ll also need to consider 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’s in your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Dixon to be too steep, even if the investment pays off over time. Thankfully, nearly every solar installer in the area provides access to financing options. Solar loans remarkably decrease upfront costs for most homeowners, but they also result in a higher cost over time due to interest.However, the interest on solar loans also adds to your all-in costs, so it’s crucial to include that in your estimate as well. You can always bring down the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
The remaining significant cost factor you should consider is the installer you choose. Given the booming popularity of green energy solutions in Dixon, you’ll have a great number of options to choose from, but each comes at various price points for labor and equipment.Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It’s best to do some research and decide on the company that offers the products, warranties and services you’re looking for and also fit into your budget.
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 | $4,549 | 19.6 years |
| 8 kW | $3.84 | $21,477 | $6,487 | 19.2 years |
| 10 kW | $3.76 | $26,320 | $8,635 | 18.8 years |
| 12 kW | $3.68 | $30,952 | $10,993 | 18.4 years |
| 14 kW | $3.61 | $35,374 | $13,563 | 18.1 years |
| 16 kW | $3.53 | $39,585 | $16,342 | 17.7 years |
| 18 kW | $3.46 | $43,586 | $19,333 | 17.3 years |
| 20 kW | $3.38 | $47,376 | $22,534 | 16.9 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because choosing a company can be a challenge, we have some tips to help you, such as:
- Warranty: A comprehensive, 25-year warranty can help keep your solar system running for a long time and save you money on repairs and maintenance.
- Contract: Look through the contract terms carefully to make sure you understand how much it will cost, project completion timeline rebates and warranties.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and how much efficiency they need. Although there are many options for which model of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you ask for their list of options before making your decision.
- Reputation: Solar installers that have great reviews from their customers and that have been operating for many years in most cases offer good-quality solar panel installation and expertise.
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 Dixon, IL Solar Cost FAQs
What is the average cost of installing solar panels in Dixon?
The average cost of solar panels in Dixon is about $18,800 for a 5-kW system and $37,600 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as the model of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider aside from cost when buying solar panels?
Cost is without a doubt one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Does Dixon have a net metering program?
The majority of states offer net metering programs of some kind. Through these, you can receive compensation for the extra power your system produces 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 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 generally 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.