Solar Panel Cost Guide in LaSalle, IL (2023 Update)
- LaSalle Solar Installation Cost: $12,298
- 25-Year Savings: $12,047
- Payback Period: 12.6 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in LaSalle
Let's take a look at the average cost of solar panels in LaSalle.
The average cost of a solar panel system in LaSalle is 2.73 per watt. The average solar panel system size in LaSalle is around 6.4 kilowatts, meaning a cost of about $12,307 for a solar installation, or $17,599 before the 30% federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you'll pay for solar will differ based on your household energy use, the type of solar panels you choose, your solar contractor and more. Many homeowners find adopting solar power is a solid investment. The average homeowner in LaSalle can save around $14,000 on their electricity bills over 20 years.
To calculate your potential ROI and connect with a local solar installer, click the button below.
Solar savings over time in LaSalle
| Year | Return on Investment |
|---|---|
| 1 years | $-11,346 |
| 3 years | $-9,441 |
| 5 years | $-7,536 |
| 7 years | $-5,631 |
| 9 years | $-3,726 |
| 11 years | $-1,821 |
| 13 years | $84 |
| 15 years | $1,989 |
| 17 years | $3,894 |
| 19 years | $5,799 |
| 21 years | $7,704 |
| 23 years | $9,609 |
| 25 years | $11,514 |
Top Solar Installers in LaSalle
Although it's possible to install solar panels on your own, it takes extra effort and know-how. For that reason, most people choose a solar panel installer. The expertise that solar companies provide can be valuable as well, especially if you aren't sure what type of solar equipment you need.
If you'd like to switch to solar energy but still aren't certain which solar panel company to go with, here are our recommendations for providers near you:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
See all of the solar companies in LaSalle
Factors that Affect Solar Panel Costs in LaSalle
For many LaSalle homeowners, the decision to adopt solar energy comes down to cost. However, the range of solar installation costs can be quite wide in LaSalle, with typical prices between $20,000 to $40,000. There are several factors that considerably influence the price you'll pay, which we'll go over below.
Solar Equipment
The size of the solar energy system you need, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $2,730. The model of solar panels and equipment you get is another factor that will greatly affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Plus, solar equipment goes beyond just the solar panels themselves. You'll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when searching for a solar system that's in your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in LaSalle to be too expensive, even if the investment pays off over time. Fortunately, nearly every solar installer in the area offers financing options. Solar loans remarkably decrease upfront costs for most homeowners, but they also lead to higher prices over time because of interest. It's a good idea to add the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it'll take to pay back the loan.
Solar Panel Installation Company
Lastly, the company you choose to install your solar panels can play a role in determining how much you pay. LaSalle's solar companies all have different labor costs and add varying upcharges to 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 extra 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 | $10,773 | 13.1 years |
| 8 kW | $2.78 | $15,594 | $14,670 | 12.9 years |
| 10 kW | $2.73 | $19,110 | $18,720 | 12.6 years |
| 12 kW | $2.68 | $22,473 | $22,923 | 12.4 years |
| 14 kW | $2.62 | $25,684 | $27,278 | 12.1 years |
| 16 kW | $2.57 | $28,741 | $31,787 | 11.9 years |
| 18 kW | $2.51 | $31,646 | $36,448 | 11.6 years |
| 20 kW | $2.46 | $34,398 | $41,262 | 11.4 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 decide on the right company for you, here are some tips to keep in mind:
- Installation Process: When making the switch to solar energy, it's crucial to keep an open line of communication with your solar company. Make sure you understand how the installation process works and the project completion timeline.
- Contract: When looking through your solar company's contract, ask for clarification about any terms you're not sure of and make sure you understand what happens in scenarios like a system component breaking or the company going out of business.
- Solar Panel Brands: Different companies will offer various brands and models of panels. If you know you want a specific brand, make sure the solar installer you're considering has it.
- Reputation: Solar panel companies that have great reviews from their customers and that have been in business for many years likely provide quality solar panel installation and expertise.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's LaSalle, IL Solar Cost FAQs
How much does it cost to install solar panels in LaSalle?
The average cost of solar panels in LaSalle is about $13,650 for a 5-kW system and $27,300 for a 10-kW system before the ITC, but the actual cost will depend on things such as the type of solar panels you want, what size system you need and how much energy you use.
Are solar panels 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.
Is switching to solar power worth it?
Whether or not solar panels are worth it depends on some different factors like the cost of electricity near you and the amount of direct sunlight your roof gets.
How often do you have to replace solar panels?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can replace them after having them for that long or you can keep using them at a lower efficiency.
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.