Solar Panel Cost Guide in LaSalle, IL (2024 Update)
- LaSalle Solar Installation Cost: $16,938
- 25-Year Savings: $12,047
- Payback Period: 17.4 Years
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Average Cost of Solar Panels in LaSalle
Find out what the average cost of solar panel installation is in LaSalle.
Although the national average of solar panels is $2.66 per watt, solar panels in LaSalle generally cost about 4.To cover the typical energy usage of the average home in LaSalle, most homeowners require a 6.4-kilowatt system. Using the figure above, a solar installation costs around $16,938, or $24,221 before the federal solar tax credit of 0 is applied.
These figures are just averages, and how much solar costs for you will differ based on your energy needs and what company you go with.For many homeowners, the upfront investment in solar is worth paying. On average you could be looking at about $14,000 in savings on energy bills over 20 years.
To receive a free estimate from a pre-vetted solar company in LaSalle, you can click the button below.
Solar savings over time in LaSalle
| Year | Return on Investment |
|---|---|
| 1 years | $-15,986 |
| 3 years | $-14,081 |
| 5 years | $-12,176 |
| 7 years | $-10,271 |
| 9 years | $-8,366 |
| 11 years | $-6,461 |
| 13 years | $-4,556 |
| 15 years | $-2,651 |
| 17 years | $-746 |
| 19 years | $1,159 |
| 21 years | $3,064 |
| 23 years | $4,969 |
| 25 years | $6,874 |
Top Solar Installers in LaSalle
When making the switch to solar, many homeowners prefer to use a solar company since installing a solar system yourself can be a difficult project. Since solar panels are exposed to the elements every day, warranties and repairs from your solar installer can help you get the most out of your investment in solar panels by reducing potential costs down the line.
You can get a free estimate from a local solar installer on the cost of solar panels for your home. Here are some in LaSalle:
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 LaSalle
Factors that Affect Solar Panel Costs in LaSalle
Cost is typically one of the most important factors for homeowners considering investing in solar. There are a few major factors that determine your overall cost in LaSalle: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. That’s why it’s crucial to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs.The brand of solar panels and equipment you get is another factor that will greatly impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more expensive. Plus, 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 researching a solar system that falls within your budget.
Solar Financing Terms
Most solar installers in LaSalle provide solar loans, which reduce your upfront costs of installing solar panels.When trying to figure out your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The solar company you choose to handle your switch to clean energy can play a role in your total costs. There are about 3 solar panel companies operating in LaSalle, and each can charge different amounts for labor and equipment.Larger national companies generally have lower costs, but some local companies undercut 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 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 | $6,274 | 18.1 years |
| 8 kW | $3.84 | $21,477 | $8,787 | 17.7 years |
| 10 kW | $3.76 | $26,320 | $11,510 | 17.4 years |
| 12 kW | $3.68 | $30,952 | $14,444 | 17.0 years |
| 14 kW | $3.61 | $35,374 | $17,588 | 16.7 years |
| 16 kW | $3.53 | $39,585 | $20,943 | 16.3 years |
| 18 kW | $3.46 | $43,586 | $24,508 | 16.0 years |
| 20 kW | $3.38 | $47,376 | $28,284 | 15.7 years |
How to Save on Solar Panels
The company that does your 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:
- Contract: It’s important to read through your solar installer’s contract well to understand what services they will provide, what the warranty covers and what you can expect about the installation process.
- Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, longevity and efficiency. They will come at different costs as well. The company you choose affects which solar panel brands you have access to.
- Reputation: Solar companies that have great reviews from their customers and that have been operating for many years most likely provide high-quality solar panel installation and expertise.
- Installation Process: Get detailed information from your solar company about the installation process and what to expect, such as when the site survey will be done and what the project timeline is.
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 LaSalle, IL Solar Cost FAQs
How much does it cost to install solar panels in LaSalle?
This is a tough question to answer exactly, because the cost depends on many factors. Broadly 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 cost more if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy consumption. On the other hand, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
Can you get solar panels for free in LaSalle?
You can’t get solar panels for free in LaSalle. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
How much can I save on energy bills after switching to solar?
Solar panels can potentially eliminate your electricity bills depending on your location and how much sunlight your home gets. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $756.60 per year.
How long do solar panels last in LaSalle?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount 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.