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

  • Marseilles Solar Installation Cost: $16,938
  • 25-Year Savings: $11,127
  • Payback Period: 18.1 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 Marseilles

Let’s have a look at the average cost of solar panels in Marseilles.

The national average cost of solar panels is $2.66 per watt, but in Marseilles it’s 4 per watt.To cover the typical energy usage of the average home in Marseilles, most homeowners require a 6.4-kilowatt system. Using the per-watt 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 only estimates, and your own solar costs will most likely vary based on the amount of energy your home requires and what company you want to go with.But, once you've paid the upfront cost of installation, the savings for most homeowners is usually fruitful, with a net average savings of about $14,000 over 20 years on electricity bills.

To receive a free quote from a top solar installer in Marseilles, you can click the button below.

Solar savings over time in Marseilles

Year Return on Investment
1 years $-15,782
3 years $-13,469
5 years $-11,157
7 years $-8,845
9 years $-6,532
11 years $-4,220
13 years $-1,908
15 years $405
17 years $2,717
19 years $5,029
21 years $7,342
23 years $9,654
25 years $11,966

Top Solar Installers in Marseilles

Many homeowners choose to hire a solar panel company since trying to install solar panels yourself can be hard. Another upside of working with a solar installer is that they can help you make the most of your ROI by reducing your future costs of repairs and replacements with the help of warranties and giving you information on local incentives you can take advantage of.

If you’d like to start using solar energy but still aren’t sure which solar panel company to go with, here are our recommendations for providers nearby:

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 Marseilles

Factors that Affect Solar Panel Costs in Marseilles

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

Solar Equipment

The size of the solar system you need to offset your energy usage, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $3,760. There are a lot of different solar panel brands and the one you pick also affects the cost. Generally, the brands that are more efficient tend to also be more expensive. Additionally, the type of equipment you choose can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.

Solar Financing Terms

Solar panels can save you money on utility bills over many years, but they can also be a big investment. That’s why many Marseilles homeowners opt to finance their solar panel systems to make paying for solar more affordable.Even though solar loans make going solar more accessible for Marseilles homeowners, they can also add to the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can avoid paying as much in interest.

Solar Panel Installation Company

The solar company you hire to handle your switch to renewable energy can play a part in your total costs. There are about 3 solar installation companies in Marseilles, and each can charge different amounts for labor and equipment.You may notice national solar installers that have lower prices because of their bigger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or specials to compete with those major players.

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 $5,417 18.8 years
8 kW $3.84 $21,477 $7,643 18.4 years
10 kW $3.76 $26,320 $10,081 18.1 years
12 kW $3.68 $30,952 $12,728 17.7 years
14 kW $3.61 $35,374 $15,587 17.4 years
16 kW $3.53 $39,585 $18,656 17.0 years
18 kW $3.46 $43,586 $21,935 16.6 years
20 kW $3.38 $47,376 $25,425 16.3 years

How to Save on Solar Panels

There are a lot of companies to choose from in Marseilles, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be tough, so here are some tips to help you decide:

  • Reputation: Solar installers that have great reviews from their customers and that have been in business for many years likely offer quality solar panel installation and expertise.
  • Installation Process: Get details from your solar installer about the installation process and what to expect, such as when the site survey will be completed and how long it will take.
  • Contract: Read the contract terms closely to make sure you understand the cost breakdown, project timeline incentives and warranties.
  • Solar Panel Brands: The type of solar panel you want to install plays a role in which installer you should go with, since different companies offer different panels.

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 Marseilles, IL Solar Cost FAQs

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

This is a hard question to answer precisely, because the cost depends on a variety of 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 extra solar equipment or higher quality panels, or if you have higher-than-average energy needs. On the flip side, you can spend less if you want a smaller solar panel system or cheaper solar panels.

Is cost the most important consideration when buying solar panels?

Cost is without a doubt one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.

Can solar panels eliminate my electricity bills?

It is possible to eradicate your electricity bills with solar panels, but for most homeowners throughout Marseilles, 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.

What solar power system size is right for my home?

The exact number of solar panels you need depends on your household energy consumption 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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