Solar Panel Cost Guide in Oregon-Nashua, IL (2025 Update)

  • Oregon-Nashua Solar Installation Cost: $17,094
  • 25-Year Savings: $10,200
  • Payback Period: 18.9 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated January 24, 2025

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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 Oregon-Nashua

Let’s take a look at the average cost of solar panels in Oregon-Nashua.

While the national average of solar panels is $2.66 per watt, solar panels in Oregon-Nashua generally cost about 4.The average Oregon-Nashua homeowner needs a 6.5-kilowatt system, which would cost about $17,094 with the federal tax credit, or $24,444 before the 0 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 want, your solar contractor and more.Despite the high upfront cost, the average Oregon-Nashua homeowner can save about $13,000 on their energy bills over 20 years, which is one of the benefits of solar.

To see your potential ROI and connect with a local solar expert, click the button below.

Solar savings over time in Oregon-Nashua

YearReturn on Investment
1 years$-15,938
3 years$-13,626
5 years$-11,313
7 years$-9,001
9 years$-6,689
11 years$-4,376
13 years$-2,064
15 years$248
17 years$2,561
19 years$4,873
21 years$7,186
23 years$9,498
25 years$11,810

Top Solar Installers in Oregon-Nashua

Although you can install solar panels yourself, it involves extra labor and expertise. For that reason, the majority of homeowners choose to go with a solar panel installer. Solar companies offer key benefits that can help you maximize your investment, like warranties, monitoring and free repairs.

There are various licensed solar professionals that can help you install your solar panels. Here are our suggestions:

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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 Oregon-Nashua

Factors that Affect Solar Panel Costs in Oregon-Nashua

There are many criteria that can affect your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.

Solar Equipment

When it comes to estimating the price of a solar panel system in Oregon-Nashua, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home’s energy consumption, which you can gauge by looking at past power bills. Your total cost can increase by around $3,760 for each additional kilowatt you need.The type 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 energy bills. Additionally, extra products, such as solar batteries, can bump up your total well above the Oregon-Nashua average.

Solar Financing Terms

Solar panels can save you money on power bills over time, but they can also be a significant investment. That’s why many Oregon-Nashua homeowners decide to finance their solar panel systems to make going solar more affordable.However, the interest on solar loans also adds to your overall costs, so it’s vital to include that in your estimate as well. You can always reduce the total you pay in interest and possibly even your APR by putting more money down.

Solar Panel Installation Company

The solar panel installation company you select will affect your total cost to adopt solar power. Different companies will bill different amounts for the equipment and labor.Additionally, some companies in Oregon-Nashua are more knowledgeable about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you more money in the long run.

Solar Panel Cost Data by System Size

System sizeCost per system wattSolar system cost25-Year savingsPayback period
6 kW$3.91$16,424$4,46519.7 years
8 kW$3.84$21,477$6,37519.3 years
10 kW$3.76$26,320$8,49518.9 years
12 kW$3.68$30,952$10,82618.5 years
14 kW$3.61$35,374$13,36718.1 years
16 kW$3.53$39,585$16,11917.8 years
18 kW$3.46$43,586$19,08117.4 years
20 kW$3.38$47,376$22,25417.0 years

How to Save on Solar Panels

There are numerous companies to choose from in Oregon-Nashua, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be challenging, so here are some tips to help you decide:

  • Warranty: A quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
  • Installation Process: Make sure you’re on the same page with the company with regard to how the installation process will go and what needs to be done before your solar panels are installed, such as repairing your electrical system or roof.
  • Reputation: Solar panel companies that have great reviews from their customers and that have been operating for many years likely offer high-quality solar panel installation and expertise.
  • Solar Panel Brands: The model of solar panel you’d like plays a role in which company you should opt for, since different companies offer different panels.
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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 Oregon-Nashua, IL Solar Cost FAQs

What is the average cost of installing solar panels in Oregon-Nashua?

This is a difficult question to answer exactly, because the cost depends on a few different 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 be more expensive if you want additional solar equipment or higher quality panels, or if you have above-average energy needs. On the other hand, you can spend less if you want a smaller solar panel system or less efficient solar panels.

Are solar panels free in Oregon-Nashua?

Solar panels aren’t free in Oregon-Nashua, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.

Can solar panels significantly reduce my electricity bills?

It is possible to eradicate your electricity bills with solar panels, but for most homeowners throughout Oregon-Nashua, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you’ll want to check with 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 usage 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 install between 20 and 35 panels to account for 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.