Solar Panel Cost Guide in Jerseyville, IL (2024 Update)

  • Jerseyville Solar Installation Cost: $16,123
  • 25-Year Savings: $18,229
  • Payback Period: 13.5 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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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 Jerseyville

Find out what the average cost of a solar system is in Jerseyville.

The average cost of a solar panel system in Jerseyville is 4 per watt.The average Jerseyville homeowner needs a 6.1-kilowatt system, which would cost about $16,123 with the federal tax credit, or $23,056 before the 0 tax credit is applied.

Keep in mind that the numbers above are only averages. The price you’ll end up paying for solar may look quite different based on your household energy consumption, the type of equipment you want to get, your solar contractor and more.With average savings of about $19,000 on energy bills over 20 years, many homeowners in Jerseyville find installing solar panels can be quite rewarding.

To receive a free estimate from a vetted solar company in Jerseyville, you can click the button below.

Solar savings over time in Jerseyville

Year Return on Investment
1 years $-15,273
3 years $-13,571
5 years $-11,870
7 years $-10,169
9 years $-8,468
11 years $-6,766
13 years $-5,065
15 years $-3,364
17 years $-1,662
19 years $39
21 years $1,740
23 years $3,441
25 years $5,143

Top Solar Installers in Jerseyville

When making the switch to solar, many homeowners prefer to hire a solar installer since installing a solar system yourself can be a time-consuming project. The expertise that solar companies provide can be helpful as well, especially if you don’t quite know what type of solar equipment you need.

There are a number of licensed solar professionals that can take care of your solar installation project. 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

Best for Leasing

Sunrun

★★★★★
4.0

  • 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 Jerseyville

Factors that Affect Solar Panel Costs in Jerseyville

The cost of installing a solar system in Jerseyville can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The largest one is your system size, and other factors include equipment choices, financing options and the solar company you choose.

Solar Equipment

System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. That’s why it’s crucial to accurately ascertain the size of the solar energy system needed for your home by figuring out your average energy use.The kind of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more in the long run on your power bills. In addition, extra products, such as solar batteries, can bring your total well above the Jerseyville average.

Solar Financing Terms

If paying for a solar system out of pocket is difficult, solar loans are a solid option because they lower your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years.However, the interest on solar loans also adds to your overall costs, so it’s vital to consider that as well. You can always reduce the total you pay in interest and sometimes even your APR by putting more money down.

Solar Panel Installation Company

The solar installer you go with to handle your switch to clean energy can have an effect on your total costs. There are about 3 solar panel companies in Jerseyville, and each can charge different amounts for labor and equipment.Larger national companies typically have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have 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 $3.91 $16,424 $12,897 14.0 years
8 kW $3.84 $21,477 $17,617 13.7 years
10 kW $3.76 $26,320 $22,547 13.5 years
12 kW $3.68 $30,952 $27,688 13.2 years
14 kW $3.61 $35,374 $33,040 12.9 years
16 kW $3.53 $39,585 $38,602 12.7 years
18 kW $3.46 $43,586 $44,375 12.4 years
20 kW $3.38 $47,376 $50,358 12.1 years

How to Save on Solar Panels

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

  • Solar Panel Brands: Not all solar installers offer the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you hire.
  • Installation Process: Make sure you’re aligned with the company regarding how the installation process will go and what you need to do before your solar system is installed, such as updating or replacing your electrical system or roof.
  • Contract: When reading over your solar installer’s contract, ask questions about any terms you’re not sure of and be sure you understand what happens in scenarios such as a system part breaking or if the company goes out of business.
  • Reputation: Solar panel companies that have great reviews from their customers and that have been in business for many years in most cases provide high-quality solar panel installation and expertise.

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

Best for Leasing

Sunrun

★★★★★
4.0

  • Expansive service area
  • Many financing options
  • Some reported issues with customer service
  • Some reported issues with door-to-door sales

EcoWatch's Jerseyville, IL Solar Cost FAQs

What is the average cost of installing solar panels in Jerseyville?

This is a difficult 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 additional solar equipment or higher quality panels, or if you have above-average energy consumption. On the flip side, you can spend less if you choose a smaller solar panel system or cheaper solar panels.

Is cost the most important consideration when buying solar panels?

The upfront cost is a key factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In areas where rooftop space is limited, efficiency can trump the cost. Other factors that are important to take into account are the quality and durability of your solar panels.

Is going solar worth it?

Whether or not solar panels are worth it depends on some different factors like how much you pay for electricity and the amount of direct sunlight your roof gets.

What solar power system size is right for my home?

The exact number of solar panels you need depends on your household energy needs and the average daily 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.

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