Solar Panel Cost Guide in Du Quoin, IL (Oct 2022)

  • Du Quoin Solar Installation Cost: $11,619
  • 25-Year Savings: $12,200
  • Payback Period: 12.2 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 9/16/2022

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Average Cost of Solar Panels in Du Quoin

Let's take a look at the average cost of solar in Du Quoin.

In Du Quoin, solar panels cost about $3 per watt on average. Because a 6.1-kW system is needed to cover the energy costs of a typical home in Du Quoin, the average price of going solar will be about $11,619 before claiming the federal solar tax credit of 30%.

The prices above are just estimates to give you an idea of the cost of a solar panel system. The exact cost of going solar can vary depending on multiple factors, such as how many panels you need, your energy usage and what company you go with. Even with the high initial cost, the average Du Quoin homeowner can save about $15,000 on their electricity bills over 20 years, which is one of the advantages of solar.

Click the button below to get connected to a highly rated solar company in your area for a customized quote.

Solar savings over time in Du Quoin

Year Return on Investment
1 years $-10,666
3 years $-8,761
5 years $-6,855
7 years $-4,950
9 years $-3,044
11 years $-1,139
13 years $767
15 years $2,672
17 years $4,578
19 years $6,483
21 years $8,389
23 years $10,294
25 years $12,200

Top Solar Installers in Du Quoin

Although you can install solar panels on your own, it involves extra labor and know-how. That's one of the reasons almost all homeowners choose to go with a solar panel installer. Another advantage of going with a solar company is that they can help you make the most of your ROI by bringing down your future costs of repairs and replacements because of warranties and helping you learn about local incentives you can take advantage of.

If you're on the hunt for a solar installer in Du Quoin, the EcoWatch team has organized a list of our top suggestions here:

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

The Green Panel

★★★★★
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 Du Quoin

Factors that Affect Solar Panel Costs in Du Quoin

For many Du Quoin homeowners, the decision to go solar rests on cost. However, the range of solar installation costs can be quite wide in Du Quoin, with typical prices between $20,000 to $40,000. There are several factors that greatly influence the price you'll pay, which we'll go over below.

Solar Equipment Size

System size is one of the largest factors that affects the overall cost of installing solar panels. Because of that, it's a priority to accurately gauge the size of the solar energy system needed for your home by figuring out your typical energy use. Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Du Quoin, where sunlight is relatively abundant, efficiency can quickly pay off. In addition, if you have a small roof or you don't have a lot of 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 companies in Du Quoin have solar loans, which reduce the initial cost of installing solar panels. Though solar loans make going solar more accessible for Du Quoin homeowners, they can also raise 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

The last key cost factor you should consider is the installer you choose. Given the booming popularity of clean energy solutions in Du Quoin, you'll have plenty of options to choose from, but each comes at various price points for labor and equipment. Larger national companies typically have lower costs, but some local companies compete with 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 $2.84 $11,925 $11,564 12.7 years
8 kW $2.78 $15,594 $15,724 12.4 years
10 kW $2.73 $19,110 $20,037 12.2 years
12 kW $2.68 $22,473 $24,503 12.0 years
14 kW $2.62 $25,684 $29,122 11.7 years
16 kW $2.57 $28,741 $33,894 11.5 years
18 kW $2.51 $31,646 $38,819 11.2 years
20 kW $2.46 $34,398 $43,896 11.0 years

Solar Incentives in Du Quoin

Name Special Assessment for Solar Energy Systems
Incentive Amount Varies
More Info Click here

Name Solar Renewable Energy Credits
Website Visit here
More Info Click here

Name Residential Renewable Energy Tax Credit
Website Visit here
More Info Click here

How to Save on Solar Panels

Since the type of solar panels and the installation company you choose has an impact on your costs and your system's durability and efficiency, it's important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:

  • Solar Panel Brands: Different companies have various brands and types of panels. If you prefer a specific brand, make sure the solar company you're considering has it.
  • Contract: When reading over your solar installer's contract, ask questions about any terms you're not sure of and make sure you understand what happens in scenarios like a system part breaking or the company going out of business.
  • Warranty: A quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
  • Reputation: Make sure your solar company has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by past customers and solar experts like the EcoWatch team.

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

The Green Panel

★★★★★
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 Du Quoin, IL Solar Cost FAQs

How much does it cost to install solar panels in Du Quoin?

The average cost of solar panels in Du Quoin 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 like the type of solar panels you want, what size system you need and how much energy you use.

Should I lease or buy solar panels in Du Quoin?

Leasing solar panels can be an appealing choice, because it typically comes with low or $0 upfront payments. The drawback 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.

Can solar panels eliminate my power bills?

It is possible to erase your electricity bills with solar panels, but for most homeowners throughout Du Quoin, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you'll want to contact a local solar installer to see how many panels can fit on your roof.

How often do you have to replace solar panels?

On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger 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.

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