Solar Panel Cost Guide in Pinckneyville, IL (2025 Update)
- Pinckneyville Solar Installation Cost: $16,014
- 25-Year Savings: $14,967
- Payback Period: 15.1 Years
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Average Cost of Solar Panels in Pinckneyville
Find out what the average cost of solar panels are in Pinckneyville.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Pinckneyville, the average cost of solar panels is 4 per watt.To account for the typical energy usage of the average home in Pinckneyville, most homeowners require a 6.1-kilowatt system. Using the figure above, a solar installation costs about $16,014, or $22,900 before the federal solar tax credit of 0 is applied.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The actual cost of going solar can vary based on a few factors, such as how many panels you need, your energy usage and what installation company you go with.For most homeowners, the upfront investment in solar power is worth paying. On average homeowners in Pinckneyville see about $17,000 in savings on energy bills over 20 years.
You can click the button below to get connected with a pre-vetted solar company in Pinckneyville for a quote for your home.
Solar savings over time in Pinckneyville
| Year | Return on Investment |
|---|---|
| 1 years | $-15,163 |
| 3 years | $-13,462 |
| 5 years | $-11,761 |
| 7 years | $-10,060 |
| 9 years | $-8,358 |
| 11 years | $-6,657 |
| 13 years | $-4,956 |
| 15 years | $-3,254 |
| 17 years | $-1,553 |
| 19 years | $148 |
| 21 years | $1,850 |
| 23 years | $3,551 |
| 25 years | $5,252 |
Top Solar Installers in Pinckneyville
Although you can install solar panels yourself, it takes extra effort and know-how. For that reason, most people choose to hire a solar panel installer. Plus, warranties and repairs from your solar panel installer can protect your investment and bring down the cost of maintenance in the long run.
If you’d like to go solar but still aren’t certain which solar installer to go with, here are our suggestions for providers nearby:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best for Leasing
Sunrun
- 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 Pinckneyville
Factors that Affect Solar Panel Costs in Pinckneyville
Cost is often one of the most important factors for homeowners wanting to invest in solar. There are a few key factors that affect your total cost in Pinckneyville: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household uses, the larger your system will likely need to be. You can expect to spend about $3,760 per kilowatt in Pinckneyville.Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Pinckneyville, where sunlight is relatively abundant, efficiency can quickly pay off. In addition, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for solar panels in cash is too expensive, solar loans are a solid choice because they cut back your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years.When trying to figure out your overall cost, you should also calculate the interest you’ll pay if you choose to go with a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
The solar company you choose will play a role in your total cost to adopt solar energy. Different companies will bill different amounts for the equipment and labor.The company’s size can sometimes play the most significant role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have greater resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower 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 | $9,802 | 15.7 years |
| 8 kW | $3.84 | $21,477 | $13,490 | 15.4 years |
| 10 kW | $3.76 | $26,320 | $17,389 | 15.1 years |
| 12 kW | $3.68 | $30,952 | $21,499 | 14.8 years |
| 14 kW | $3.61 | $35,374 | $25,819 | 14.5 years |
| 16 kW | $3.53 | $39,585 | $30,349 | 14.2 years |
| 18 kW | $3.46 | $43,586 | $35,090 | 13.8 years |
| 20 kW | $3.38 | $47,376 | $40,042 | 13.5 years |
How to Save on Solar Panels
The solar installer you go with will affect not only your total costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should consider, including:
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you choose.
- Installation Process: Homeowners should make sure they understand how exactly the installation process will be carried out, as well as important factors like the project completion timeline.
- Contract: When looking through your solar installer’s contract, ask questions about any terms you’re not sure of and be sure you understand what happens in scenarios such as a system component breaking or the company going out of business.
- Warranty: Warranties that cover panel repairs and maintenance over around 25 years are the best you can get in the business, and offering such a warranty is one sign of a quality company.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's Pinckneyville, IL Solar Cost FAQs
How much does it cost to install solar panels in Pinckneyville?
This is a hard question to answer exactly, because the cost depends on many 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 more efficient panels, or if you have above-average energy consumption. Conversely, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
What other factors should I consider in addition to cost when buying solar panels?
Cost is definitely one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Is it worth going solar in Pinckneyville?
Solar panels can be a good investment for many homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your power bills are already fairly low, solar panels might not be for you.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy consumption and how much 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.