Solar Panel Cost Guide in South Rock Island, IL (Nov 2022)

  • South Rock Island Solar Installation Cost: $12,326
  • 25-Year Savings: $7,461
  • Payback Period: 15.6 Years

See cost of a solar system near you:

EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 11/09/2022

Why you can trust EcoWatch

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 South Rock Island

Let's take a look at the average cost of solar panels in South Rock Island.

Currently, the national average cost of solar panels is $2.66 per watt. However, in South Rock Island, the typical cost of a solar system is $3 per watt. To account for the typical energy usage of the average home in South Rock Island, most homeowners require a 6.5-kilowatt system. Using the per-watt figure above, a solar installation costs around $12,326, or $9,121 after the federal solar tax credit of 30% is applied.

Keep in mind that the numbers above are only averages. The price you'll end up paying for solar may look quite different based on your household energy needs, the type of equipment you choose, your solar contractor and more. Despite the high initial cost, the average South Rock Island homeowner can save around $12,000 on their electricity bills over 20 years, which is one of the benefits of solar.

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

Solar savings over time in South Rock Island

Year Return on Investment
1 years $-11,534
3 years $-9,952
5 years $-8,369
7 years $-6,786
9 years $-5,203
11 years $-3,620
13 years $-2,037
15 years $-454
17 years $1,129
19 years $2,712
21 years $4,295
23 years $5,878
25 years $7,461

Top Solar Installers in South Rock Island

Although you can install solar panels yourself, it involves extra labor and handiness. For that reason, most homeowners choose to hire a solar panel installer. Companies can also offer access to a large variety of the best solar panels and help you decide which one will be right for your family.

If you're searching for a solar installer in South Rock Island, we've put together a list of our top suggestions here:

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

Tesla Energy

★★★★★
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 South Rock Island

Factors that Affect Solar Panel Costs in South Rock Island

Even though the average cost of solar panels in South Rock Island is $12,326, your final cost may differ. There are quite a few factors that can have a significant impact on the cost of a residential solar panel installation. Below are some of the more important things to keep in mind.

Solar Equipment

Size is one of the largest factors that determines the overall cost of installing solar panels. For that reason, it's a priority to accurately gauge the size of the solar energy system needed for your home by figuring out your typical energy use. 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 get 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 electric bills. Additionally, extra products, like solar batteries, can bump up your total well above the South Rock Island average.

Solar Financing Terms

For some homeowners, paying for solar panels out of pocket can be difficult. Solar loans are provided by most installers in South Rock Island, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more accessible. 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're only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal 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 installation company you choose will affect your total cost to go solar. Different companies will bill different amounts for the equipment and labor. Larger national companies typically 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 additional services like electric car 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 $6,471 16.2 years
8 kW $2.78 $15,594 $8,934 15.9 years
10 kW $2.73 $19,110 $11,550 15.6 years
12 kW $2.68 $22,473 $14,318 15.3 years
14 kW $2.62 $25,684 $17,240 15.0 years
16 kW $2.57 $28,741 $20,314 14.6 years
18 kW $2.51 $31,646 $23,541 14.3 years
20 kW $2.46 $34,398 $26,921 14.0 years

How to Save on Solar Panels

Since the type of solar panels and the installer you choose has an impact on your costs and your system's durability and efficiency, it's important to pick the right ones for you. Here are some things to keep in mind to help with your decision:

  • Warranty: If you're worried about the longevity of your solar energy system, making sure your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
  • Contract: Review the contract terms thoroughly to make sure you understand how much it will cost, completion timeline incentives and warranties.
  • Installation Process: When making the switch to solar energy, it's important to maintain an open line of communication with your solar installer. See to it that you understand how the installation process will go and the project timeline.
  • Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and how much efficiency they need. Although there are many options for which kind of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you take a look at their list of options before deciding.

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

Tesla Energy

★★★★★
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 South Rock Island, IL Solar Cost FAQs

How much does it cost to install solar panels in South Rock Island?

This is a hard question to answer exactly, because the cost depends on many factors. Broadly speaking, it costs about $13,650 for a 5-kW system and $27,300 for a 10-kW system after the ITC is applied. It will be more expensive if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you choose a smaller solar panel system or less expensive solar panels.

Can you get solar panels for free in South Rock Island?

You can't get solar panels for free in South Rock Island. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd prefer to own your solar panels, you can finance them with a solar loan.

How much can I save on power bills after installing solar panels?

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 $613.19 per year.

What solar power system size is right for my home?

To figure out what solar panel system size you need, you need to know how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can typically 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.

solar panel and sunny sky
Invest in clean solar energy, save thousands of dollars.

Save $$ on your electricity bill by getting a free quote today.

Follow us