Solar Panel Cost Guide in Sullivan, IL (2024 Update)

  • Sullivan Solar Installation Cost: $16,502
  • 25-Year Savings: $16,506
  • Payback Period: 14.5 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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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 Sullivan

Find out what the average cost of installing solar panels is in Sullivan.

While the national average of solar panels is $2.66 per watt, solar panels in Sullivan generally cost around 4.Using this figure, a typical 6.3-kW system would cost about $16,502 before the 0 federal solar tax credit is applied.

The prices above are just estimates to give you an idea of the cost of solar panels. The actual cost of installing solar panels can vary based on several factors, such as how many panels you need, your energy usage and what solar installer you go with.With average savings of about $17,000 on utility bills over 20 years, many homeowners in Sullivan find going solar can pay off big.

Click the button below to get connected to a highly rated solar company in Sullivan for a personalized quote.

Solar savings over time in Sullivan

Year Return on Investment
1 years $-15,651
3 years $-13,950
5 years $-12,248
7 years $-10,547
9 years $-8,846
11 years $-7,145
13 years $-5,443
15 years $-3,742
17 years $-2,041
19 years $-339
21 years $1,362
23 years $3,063
25 years $4,764

Top Solar Installers in Sullivan

Trying to install solar panels by yourself can be a time-consuming undertaking, which is why getting a solar installation company is a good option for many homeowners. Plus, warranties and repairs from your solar panel installer can protect your investment and lower the cost of maintenance in the long run.

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

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

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 Sullivan

Factors that Affect Solar Panel Costs in Sullivan

Though the average cost of a solar system in Sullivan is $16,502, your final cost may differ. There are quite a few factors that can have a major impact on the cost of a solar system installation. Below are some of the more important things to keep in mind.

Solar Equipment

The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power production use 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 $3,760.The brand of solar panels and equipment you choose is another factor that will considerably affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more costly. Further, solar equipment goes beyond just the solar panels themselves. You’ll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking for a solar system that’s in your budget.

Solar Financing Terms

Most solar companies in Sullivan offer solar loans, which reduce the initial cost of installing a solar system.While solar loans make adopting solar energy more accessible for Sullivan homeowners, they can also add to the total you pay for your system due to interest. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.

Solar Panel Installation Company

The solar panel installation company you pick will play a role in your total cost to make the switch to solar . Different companies will bill different amounts for the equipment and labor.Larger national companies usually have lower costs, but some local companies compete with them by offering sales and discounts. While the smaller companies might not have 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 $3.91 $16,424 $10,838 15.1 years
8 kW $3.84 $21,477 $14,872 14.8 years
10 kW $3.76 $26,320 $19,116 14.5 years
12 kW $3.68 $30,952 $23,571 14.2 years
14 kW $3.61 $35,374 $28,237 13.9 years
16 kW $3.53 $39,585 $33,113 13.6 years
18 kW $3.46 $43,586 $38,199 13.3 years
20 kW $3.38 $47,376 $43,496 13.0 years

How to Save on Solar Panels

There are a large number of companies to choose from in Sullivan, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be difficult, so here are some tips to help you decide:

  • Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, durability and efficiency. They will come at different price points as well. The company you choose plays a role in which solar panel brands you have access to.
  • Contract: It’s important to look over your solar installer’s contract carefully to understand what services they will provide, what the warranty covers and what expectations you should have about the installation process.
  • Warranty: If you’re worried about the longevity of your solar system, making sure your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
  • Installation Process: Get details from your solar company about the installation process and what to expect, including when the site survey will be done and how long it will take.

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

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 Sullivan, IL Solar Cost FAQs

How much does it cost to install solar panels in Sullivan?

The average cost of solar panels in Sullivan is about $18,800 for a 5-kW system and $37,600 for a 10-kW system before the ITC, but the actual cost will depend on things such as the type 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 bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.

Does Sullivan have a net metering program?

The majority of states offer net metering programs of some kind. Through these, you can get paid for the extra power your system generates or or receive credits to put toward future electricity bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.

How long do solar panels last in Sullivan?

On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount of energy production.

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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