Solar Panel Cost Guide in Pinckneyville, IL (Sep 2022)

  • Pinckneyville Solar Installation Cost: $11,619
  • 25-Year Savings: $14,975
  • Payback Period: 10.9 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 9/16/2022

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Average Cost of Solar Panels in Pinckneyville

Find out how much it might cost to install solar panels in Pinckneyville.

Currently, the national average cost of solar panels is $2.66 per watt. However, in Pinckneyville, the typical cost of solar panels is $3 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 per-watt figure above, a solar installation costs around $11,619, or $8,598 after the federal solar tax credit of 30% is applied.

These figures are just averages, and how much solar costs for you will vary based on your specific situation and what company you choose to go with. For most homeowners, the upfront cost of solar is worth paying. On average Pinckneyville homeowners see about $17,000 in savings on electricity bills over 20 years.

For a personalized quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.

Solar savings over time in Pinckneyville

Year Return on Investment
1 years $-10,555
3 years $-8,428
5 years $-6,300
7 years $-4,172
9 years $-2,045
11 years $83
13 years $2,210
15 years $4,338
17 years $6,465
19 years $8,593
21 years $10,720
23 years $12,848
25 years $14,975

Top Solar Installers in Pinckneyville

Many homeowners choose to use a solar installation company since trying to put up solar panels by yourself can be challenging. Companies can also have access to a large variety of the best solar panels and help you decide which one will be best for you.

You can work with a local solar installer to get a free quote on how much solar panels could cost for your home. Here are some near you:

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 (coming 2022)

Best Technology

The Green Panel

★★★★★
4.5

  • 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 Pinckneyville

Factors that Affect Solar Panel Costs in Pinckneyville

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

Solar Equipment Size

The cost of solar panels varies by thousands of dollars due to a variety of factors. One of the major factors is the system size. Solar power systems that have better efficiency or power generation require 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. The kind of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more in the long run on your electric bills. In addition, add-on products, such as solar batteries, can bring your total well above the Pinckneyville average.

Solar Financing Terms

Many homeowners find the average cost of solar in Pinckneyville to be too costly, even if the investment pays off over time. Thankfully, nearly 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. When figuring out your overall cost, you should also calculate the interest you'll pay if you go with a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.

Solar Panel Installation Company

Finally, the company you hire to install your solar panels can influence your pricing. Pinckneyville's solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies generally have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or extra services like electric vehicle charger installation, they might be cheaper overall.

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 $14,301 11.4 years
8 kW $2.78 $15,594 $19,373 11.1 years
10 kW $2.73 $19,110 $24,599 10.9 years
12 kW $2.68 $22,473 $29,977 10.7 years
14 kW $2.62 $25,684 $35,509 10.5 years
16 kW $2.57 $28,741 $41,193 10.3 years
18 kW $2.51 $31,646 $47,030 10.1 years
20 kW $2.46 $34,398 $53,020 9.8 years

Solar Incentives in Pinckneyville

Name Special Assessment for Solar Energy Systems
Incentive Amount Varies
More Info Click here

Name Solar Renewable Energy Credits
Website Visit here
More Info Click here

Name Residential Renewable Energy Tax Credit
Website Visit here
More Info Click here

How to Save on Solar Panels

The company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because selecting a company can be difficult, we have some tips to help you, such as:

  • Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you opt for.
  • Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to get the job done well. Another way you can verify your installer's reputation is by reading reviews.
  • Warranty: Warranties that provide coverage for defective panels and repairs over a couple decades are the gold standard in the business, and offering such a warranty is one sign of a good company.
  • Contract: When reading through your solar installer's contract, ask questions about any terms you're not sure of and make sure you understand what happens in scenarios such as a system component breaking or if the company goes out of business.

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 (coming 2022)

Best Technology

The Green Panel

★★★★★
4.5

  • 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 Pinckneyville, IL Solar Cost FAQs

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

The average cost of solar panels in Pinckneyville is about $13,650 for a 5-kW system and $27,300 for a 10-kW system before the ITC, but the actual cost will depend on certain factors such as the type of solar panels you want, what size system you need and how much energy you use.

Can you get solar panels for free in Pinckneyville?

You can't get solar panels for free in Pinckneyville. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.

Is it worth going solar in Pinckneyville?

Solar panels can be a good investment for a majority of 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 pretty low, solar panels might not be for you.

What solar power system size is right for my home?

To figure out how many solar panels you need, you should find out how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.

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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