Solar Panel Cost Guide in Dorr, IL (2024 Update)
- Dorr Solar Installation Cost: $17,168
- 25-Year Savings: $11,736
- Payback Period: 19.0 Years
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Average Cost of Solar Panels in Dorr
Let’s have a look at the average cost of solar panels in Dorr.
The average cost of a solar system in Dorr is 4 per watt.Because a 6.5-kW system is needed to cover the energy usage of a typical home in Dorr, the average price of going solar will be about $17,168 after claiming the federal solar tax credit of 0.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The true cost of making the switch to solar can vary depending on a few factors, such as what size system you need, your energy consumption and what company you go with.For most homeowners, the upfront investment in solar is worth paying. On average homeowners in Dorr see about $13,000 in savings on energy bills over 20 years.
To receive a free estimate from a highly rated solar installer in Dorr, you can click the button below.
Solar savings over time in Dorr
Year | Return on Investment |
---|---|
1 years | $-16,012 |
3 years | $-13,700 |
5 years | $-11,387 |
7 years | $-9,075 |
9 years | $-6,762 |
11 years | $-4,450 |
13 years | $-2,138 |
15 years | $175 |
17 years | $2,487 |
19 years | $4,799 |
21 years | $7,112 |
23 years | $9,424 |
25 years | $11,736 |
Top Solar Installers in Dorr
Installing solar panels yourself can be a challenging task, which is why getting a solar installer is a good option for many homeowners. The expertise that solar companies provide can be invaluable as well, particularly if you don’t quite know what type of solar equipment would be right for your home.
You can work with a local solar installer to get a free quote on the cost of solar panels for your home. Here are some near you:
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 Dorr
Factors that Affect Solar Panel Costs in Dorr
The cost of installing a solar system in Dorr can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The most significant one is the size of the system your home needs, and other factors include equipment choices, financing options and the solar company you choose.
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 consumes, the larger your system will likely need to be. You can expect to pay about $3,760 per kilowatt in Dorr.The brand and kind of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be challenging. Solar loans are available from most installers in Dorr, which can lower, or in some cases completely eliminate, your upfront costs to make solar more accessible.When estimating your overall cost, you should also calculate the interest you’ll pay if you go with a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Dorr is the company you hire to install your solar system. Similar to choosing a company to install new cabinets, for instance, there are plenty of solar installers that provide a range of services at different costs.Larger national companies typically have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or additional 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 | $3.91 | $16,424 | $4,375 | 19.7 years |
8 kW | $3.84 | $21,477 | $6,255 | 19.4 years |
10 kW | $3.76 | $26,320 | $8,345 | 19.0 years |
12 kW | $3.68 | $30,952 | $10,646 | 18.6 years |
14 kW | $3.61 | $35,374 | $13,157 | 18.2 years |
16 kW | $3.53 | $39,585 | $15,879 | 17.8 years |
18 kW | $3.46 | $43,586 | $18,812 | 17.5 years |
20 kW | $3.38 | $47,376 | $21,955 | 17.1 years |
How to Save on Solar Panels
The solar panel company you choose will affect not only your total costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should keep in mind, including:
- Reputation: Your solar installer should have a sound reputation as a company and have proven expertise in the field. Two ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from previous customers.
- Installation Process: Make sure you’re on the same page with the installer with regard to how the installation process will go and what needs to be done before your solar panels are installed, such as repairing your electrical system or roof.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and energy needs. Even though 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 peruse their list of offerings before making your decision.
- Warranty: If you care about the endurance of your solar system, making sure your company offers a 25-year, all-inclusive warranty can help put you at ease.
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 Dorr, IL Solar Cost FAQs
How much does it cost to install solar panels in Dorr?
This is a tough question to answer precisely, because the cost depends on many factors. Generally 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 other solar equipment or more efficient panels, or if you have higher-than-average energy usage. Conversely, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
What other factors should I consider apart 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.
Is it worth going solar in Dorr?
Solar panels can be a beneficial investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your electricity bills are already reasonably low, solar panels might not be for you.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption and the amount of sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to cover their typical energy usage.
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.