Solar Panel Cost Guide in Murphysboro, IL (Mar 2023)
- Murphysboro Solar Installation Cost: $11,600
- 25-Year Savings: $12,219
- Payback Period: 12.2 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Murphysboro
Find out what the average cost of solar panel installation is in Murphysboro.
In Murphysboro, solar panels cost about 2.73 per watt on average. The average solar panel system size in Murphysboro is around 6.1 kilowatts, meaning a cost of about $11,600 for a solar installation, or $16,588 before the 30% federal solar tax credit is applied.
The true cost of your system can be above or below the average in Murphysboro depending on a variety of factors, such as the brand of solar panels you choose and the solar contractor you hire. With average savings of about $15,000 on power bills over 20 years, many homeowners in Murphysboro find going solar can be quite rewarding.
You can click the button below to get connected with a top solar installer in Murphysboro that can help you get a more accurate cost estimate for your home.
Solar savings over time in Murphysboro
| Year | Return on Investment |
|---|---|
| 1 years | $-10,647 |
| 3 years | $-8,742 |
| 5 years | $-6,836 |
| 7 years | $-4,931 |
| 9 years | $-3,025 |
| 11 years | $-1,120 |
| 13 years | $786 |
| 15 years | $2,691 |
| 17 years | $4,597 |
| 19 years | $6,502 |
| 21 years | $8,408 |
| 23 years | $10,313 |
| 25 years | $12,219 |
Top Solar Installers in Murphysboro
Putting up solar panels on your own can be a difficult project, which is why getting a solar installer is a good option for many homeowners. Companies can also provide access to quality options of the best solar panels and help you decide which one will be best for your home.
There are various licensed solar professionals that can help you install your solar system. Here are our suggestions:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Murphysboro
Factors that Affect Solar Panel Costs in Murphysboro
The cost of installing a solar system in Murphysboro can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The most significant one is the size of the system your home needs, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power generation need better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $2,730. Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Murphysboro, where sunlight is relatively abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be challenging. Solar loans are available from most installers in Murphysboro, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more accessible. Though solar loans make going solar more accessible for Murphysboro homeowners, they can also raise the total you pay for your system due to interest. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
A final factor to consider when trying to evaluate the cost of solar for your home or business in Murphysboro is the company you get to install your solar system. As with choosing a company to install new cabinets, for instance, there are plenty of solar installers that provide a range of services at different price points. Some companies only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It's best to do some research and choose a company that has the products, warranties and services you're looking for and also fits within 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 | $11,626 | 12.7 years |
| 8 kW | $2.78 | $15,594 | $15,807 | 12.4 years |
| 10 kW | $2.73 | $19,110 | $20,141 | 12.2 years |
| 12 kW | $2.68 | $22,473 | $24,628 | 11.9 years |
| 14 kW | $2.62 | $25,684 | $29,268 | 11.7 years |
| 16 kW | $2.57 | $28,741 | $34,061 | 11.4 years |
| 18 kW | $2.51 | $31,646 | $39,006 | 11.2 years |
| 20 kW | $2.46 | $34,398 | $44,105 | 11.0 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 find the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, durability and efficiency. They will come at different prices as well. The company you choose has an impact on which solar panel brands you have access to.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar system running smoothly and save you money on repairs and maintenance.
- Reputation: Make sure your solar panel installer has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like EcoWatch.
- Contract: Review the contract terms carefully to make sure you understand how much it will cost, project timeline rebates and warranties.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Murphysboro, IL Solar Cost FAQs
What is the average cost of installing solar panels in Murphysboro?
The average cost of solar panels in Murphysboro is about $13,650 for a 5-kW system and $27,300 for a 10-kW system before the ITC, but the real cost will depend on things like the model of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Murphysboro?
Solar panels aren't free in Murphysboro, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Can you sell solar power back to the grid in Murphysboro?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future electricity bills.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is 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 higher 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.