Solar Panel Cost Guide in Fondulac, IL (Jan 2023)
- Fondulac Solar Installation Cost: $12,154
- 25-Year Savings: $7,676
- Payback Period: 15.3 Years
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Top Solar Installers in Fondulac
Installing solar panels on your own can be a challenging undertaking, which is why using a solar installation company is a good option for many homeowners. Another great thing about using a top solar installer is that it'll provide warranties and free repairs, which help protect your solar system over time.
You can get a free estimate from a local solar installer on the cost of solar panels for your home. Here are some in Fondulac:
See all of the solar companies in Fondulac
Factors that Affect Solar Panel Costs in Fondulac
There are several criteria that can determine your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. For that reason, it's a priority to accurately assess the size of the solar energy system needed for your home by figuring out your average energy use. The model of solar panels and equipment you want is another factor that will significantly affect 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 decide on 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 into a solar system that falls within your budget.
Solar Financing Terms
Most solar installers in Fondulac provide solar loans, which reduce your upfront costs of installing solar panels. Even though solar loans make going solar more accessible for Fondulac homeowners, they can also add to 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 avoid paying as much in interest.
Solar Panel Installation Company
Finally, the company you hire to install your solar system can impact your pricing. Fondulac's solar companies all have different labor costs and add varying upcharges to 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 come at a higher cost. It's best to do some research and go with the company that has the products, warranties and services you want 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||$2.84||$11,925||$6,772||15.9 years|
|8 kW||$2.78||$15,594||$9,336||15.6 years|
|10 kW||$2.73||$19,110||$12,052||15.3 years|
|12 kW||$2.68||$22,473||$14,921||15.0 years|
|14 kW||$2.62||$25,684||$17,943||14.7 years|
|16 kW||$2.57||$28,741||$21,117||14.4 years|
|18 kW||$2.51||$31,646||$24,445||14.1 years|
|20 kW||$2.46||$34,398||$27,925||13.8 years|
How to Save on Solar Panels
Since the model 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:
- Contract: Read the contract terms closely to make sure you understand how much it will cost, project timeline incentives and warranties.
- Warranty: A high-quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the project completion timeline.
- Solar Panel Brands: Not all solar companies offer the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you go with.
EcoWatch's Fondulac, IL Solar Cost FAQs
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.