Solar Panel Cost Guide in Pecatonica, IL (2025 Update)
- Pecatonica Solar Installation Cost: $17,167
- 25-Year Savings: $11,576
- Payback Period: 17.9 Years
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Average Cost of Solar Panels in Pecatonica
Let’s have a look at the average cost of solar in Pecatonica.
In Pecatonica, solar panels cost about 4 per watt on average.The average Pecatonica homeowner needs a 6.5-kilowatt system, which would cost about $17,167 with the federal tax credit, or $24,549 before the 0 tax credit is applied.
How much you pay can be above or below the average in Pecatonica depending on several factors, such as the brand of solar panels you choose and the solar contractor you hire.Even with the large upfront cost, the average Pecatonica homeowner can save around $14,000 on their electricity bills over 20 years, which is one of the perks of solar.
To receive a free estimate from a vetted solar installer in Pecatonica, you can click the button below.
Solar savings over time in Pecatonica
| Year | Return on Investment |
|---|---|
| 1 years | $-16,011 |
| 3 years | $-13,698 |
| 5 years | $-11,386 |
| 7 years | $-9,074 |
| 9 years | $-6,761 |
| 11 years | $-4,449 |
| 13 years | $-2,137 |
| 15 years | $176 |
| 17 years | $2,488 |
| 19 years | $4,801 |
| 21 years | $7,113 |
| 23 years | $9,425 |
| 25 years | $11,738 |
Top Solar Installers in Pecatonica
Although you can install solar panels by yourself, it requires extra labor and know-how. Because of that, the majority of homeowners choose to go with a solar panel installer. Solar warranties and repairs are ordinarily included in the cost of installation when you go with a solar contractor too, which can save you more money after your upfront investment.
Working with a professional solar company can help your solar project go smoothly. Here are our recommendations:
See all of the solar companies in Pecatonica
Factors that Affect Solar Panel Costs in Pecatonica
Cost is typically one of the most important factors for homeowners wanting to invest in solar. There are a few primary factors that will push your cost above or below the average in Pecatonica: solar equipment and system size, financing options and the solar installation company you choose. We’ll go over each of these briefly below.
Solar Equipment
When it comes to estimating the cost of solar panels in Pecatonica, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home’s energy consumption, which you can determine by looking at past energy bills. Your total cost can increase by about $3,760 for each additional kilowatt you need.There are many different solar panel brands and the one you choose also affects the cost. In general, the brands that are more efficient tend to also be more expensive. Plus, the type of equipment you want to install can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Many homeowners find the average cost of solar in Pecatonica to be prohibitively costly, even if the investment pays off over time. Fortunately, almost every solar company in the area provides financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also lead to paying more over time due to interest.You’ll have to consider the long-term cost of loans, including the amount of interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the original cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
The solar company you select will influence your total cost to adopt solar power. Different companies will bill different amounts for the equipment and labor.The company’s size sometimes plays the most considerable role in the cost. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have more resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger companies.
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 | $5,692 | 18.6 years |
| 8 kW | $3.84 | $21,477 | $8,010 | 18.2 years |
| 10 kW | $3.76 | $26,320 | $10,539 | 17.9 years |
| 12 kW | $3.68 | $30,952 | $13,278 | 17.5 years |
| 14 kW | $3.61 | $35,374 | $16,228 | 17.1 years |
| 16 kW | $3.53 | $39,585 | $19,389 | 16.8 years |
| 18 kW | $3.46 | $43,586 | $22,760 | 16.4 years |
| 20 kW | $3.38 | $47,376 | $26,341 | 16.1 years |
How to Save on Solar Panels
The solar company you choose will be a major factor in determining not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are several important things you should take into account, such as:
- Solar Panel Brands: Each solar panel brand and kind has varying levels of quality, longevity and energy efficiency. They will come at different costs as well. The company you choose affects which solar panel brands you have access to.
- Warranty: A quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Installation Process: When making the switch to solar power, it’s essential to keep an open line of communication with your solar installer. Confirm that you understand how the installation process works and the project timeline.
- Reputation: Solar system installers that have great reviews from their customers and that have been operating for many years most likely offer high-quality solar panel installation and expertise.
EcoWatch's Pecatonica, IL Solar Cost FAQs
What is the average cost of installing solar panels in Pecatonica?
The average cost of solar panels in Pecatonica is about $18,800 for a 5-kW system and $37,600 for a 10-kW system before the ITC, but the real cost will depend on stuff such as the kind of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider apart from cost 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.
How much can I save on electricity bills after switching to solar?
Solar panels can potentially eliminate your electricity bills depending on where you’re located 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 $737.17 per year.
How long do solar panels last in Pecatonica?
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 their energy production will have decreased significantly after that point. You can replace them after having them for that long or you can continue to use 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.