Solar Panel Cost Guide in Warrenville, IL (2024 Update)
- Warrenville Solar Installation Cost: $17,196
- 25-Year Savings: $14,036
- Payback Period: 16.2 Years
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Average Cost of Solar Panels in Warrenville
Find out what the average cost of installing solar panels is in Warrenville.
Although the national average of solar panels is $2.66 per watt, solar panels in Warrenville generally cost around 4.Using this figure, a typical 6.5-kW system would cost about $17,196 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar energy system. The true cost of making the switch to solar can vary based on several factors, such as what size system you need, your energy consumption and what company you go with.With average savings of about $15,000 on utility bills over 20 years, many homeowners in Warrenville find investing in solar can be quite rewarding.
Click the button below to get connected to a reputable solar company in your area for a customized quote.
Solar savings over time in Warrenville
Year | Return on Investment |
---|---|
1 years | $-16,040 |
3 years | $-13,728 |
5 years | $-11,415 |
7 years | $-9,103 |
9 years | $-6,791 |
11 years | $-4,478 |
13 years | $-2,166 |
15 years | $146 |
17 years | $2,459 |
19 years | $4,771 |
21 years | $7,083 |
23 years | $9,396 |
25 years | $11,708 |
Top Solar Installers in Warrenville
Many homeowners opt for a solar panel installer since trying to put up solar panels on your own can be hard. A solar installer can also help save you money over the lifespan of your system by providing warranties, repairs and part replacements.
If you’d like to make the switch to solar but still aren’t certain which solar installer to go with, here are our recommendations for providers in Warrenville:
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
Best Technology
Tesla Energy
- 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 Warrenville
Factors that Affect Solar Panel Costs in Warrenville
For many Warrenville homeowners, the decision to install a solar energy system rests on cost. However, the range of solar installation costs can be quite wide in Warrenville, with typical prices between $20,000 to $40,000. There are several factors that considerably influence the price you’ll pay, which we'll go over below.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power production require better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,760.There are several different solar panel brands and the one you pick also affects the cost. Usually, the brands that have better efficiency tend to also cost more. Plus, the type of equipment you’re looking to install can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
If paying for a solar system in cash is out of reach, solar loans are a popular route because they reduce your upfront costs and let you pay for your system over a term of, on average, between five and seven years.However, the interest on solar loans also increases your total costs, so it’s important to consider that as well. You can always bring down the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
The solar installation company you pick will influence your total cost to make the switch to solar energy. Different companies will bill different amounts for the equipment and labor.You may see national solar installers that have lower prices due to their larger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or promotions to compete with those major players.
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 | $7,932 | 16.9 years |
8 kW | $3.84 | $21,477 | $10,997 | 16.5 years |
10 kW | $3.76 | $26,320 | $14,273 | 16.2 years |
12 kW | $3.68 | $30,952 | $17,759 | 15.9 years |
14 kW | $3.61 | $35,374 | $21,456 | 15.6 years |
16 kW | $3.53 | $39,585 | $25,363 | 15.2 years |
18 kW | $3.46 | $43,586 | $29,481 | 14.9 years |
20 kW | $3.38 | $47,376 | $33,809 | 14.6 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Warranty: An all-inclusive, long-term warranty can help keep your solar panel system running smoothly and save you money on part replacement and repairs.
- Contract: Even though reading through a contract can be tedious, it’s important to do it fully so you can be sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Reputation: Make sure your solar installer has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like EcoWatch.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and energy needs. Even though there are many options for which kind of solar panel you can get, not every company will have the exact one you may want or need, so be sure to ask for their list of options before making your decision.
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
Best Technology
Tesla Energy
- 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 Warrenville, IL Solar Cost FAQs
How much does it cost to install solar panels in Warrenville?
The average cost of solar panels in Warrenville 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 stuff like the model of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Warrenville?
You can’t get solar panels for free in Warrenville. 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 rather own your solar panels, you can finance them with a solar loan.
Is it worth going solar in Warrenville?
Whether or not solar panels are worth it depends on some different factors like how much you pay for electricity and the amount of direct sunlight your roof gets.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy usage and the amount of sunlight your roof gets. You can take a 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 install between 20 and 35 panels to account for 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.
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.