Solar Panel Cost Guide in West Galena, IL (2023 Update)
- West Galena Solar Installation Cost: $12,460
- 25-Year Savings: $15,846
- Payback Period: 11.0 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in West Galena
Find out what the average cost of a solar system is in West Galena.
The average cost of a solar panel system in West Galena is 2.73 per watt. Using this figure, a typical 6.5-kW system would cost about $12,460 before the 30% federal solar tax credit is applied.
The true price you pay can be above or below the average in West Galena depending on a variety of factors, such as the type of solar panels you choose and the solar installer you hire. Many homeowners find going solar is a sound investment. The average homeowner in West Galena can save around $16,000 on their electricity bills over 20 years.
Click the button below to get connected to a reputable solar installer in your area for a custom estimate.
Solar savings over time in West Galena
| Year | Return on Investment |
|---|---|
| 1 years | $-11,327 |
| 3 years | $-9,063 |
| 5 years | $-6,799 |
| 7 years | $-4,534 |
| 9 years | $-2,270 |
| 11 years | $-5 |
| 13 years | $2,259 |
| 15 years | $4,524 |
| 17 years | $6,788 |
| 19 years | $9,053 |
| 21 years | $11,317 |
| 23 years | $13,582 |
| 25 years | $15,846 |
Top Solar Installers in West Galena
Although it's possible to install solar panels yourself, it requires extra labor and know-how. Because of that, most homeowners choose to go with a solar panel installer. Plus, if you're unsure what kind of solar panels and equipment you want, a solar company can help you find the right equipment for you after a site survey and consultation.
Working with a licensed solar installer can help you make the most of your investment in solar. Here are our recommendations:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
See all of the solar companies in West Galena
Factors that Affect Solar Panel Costs in West Galena
Although the average cost of a solar system in West Galena is $12,460, your final cost may differ. There are several factors that can have a major impact on the cost of a solar system installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
When it comes to estimating the cost of a solar panel system in West Galena, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home's energy consumption, which you can determine by looking at past energy bills. Your total cost can increase by about $2,730 for each additional kilowatt you need. The brand and type of equipment you get for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want extra equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Most solar installers in West Galena have solar loans, which reduce your upfront costs of installing solar. While solar loans make going solar more accessible for West Galena homeowners, they can also raise the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
Finally, the company you choose to install your solar panels can play a part in determining how much it costs. West Galena's solar companies all have different labor costs and add varying upcharges to equipment. The size of the company can sometimes play the most considerable role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower pricing due to access to more resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion 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 | $2.84 | $11,925 | $14,117 | 11.4 years |
| 8 kW | $2.78 | $15,594 | $19,128 | 11.2 years |
| 10 kW | $2.73 | $19,110 | $24,293 | 11.0 years |
| 12 kW | $2.68 | $22,473 | $29,610 | 10.8 years |
| 14 kW | $2.62 | $25,684 | $35,080 | 10.6 years |
| 16 kW | $2.57 | $28,741 | $40,703 | 10.3 years |
| 18 kW | $2.51 | $31,646 | $46,478 | 10.1 years |
| 20 kW | $2.46 | $34,398 | $52,407 | 9.9 years |
How to Save on Solar Panels
Since the type of solar panels and the installation company you choose significantly influences your costs and your system's durability and efficiency, it's important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Reputation: Solar system installers that have great reviews from their customers and that have been operating for many years most likely provide high-quality solar panel installation and expertise.
- Solar Panel Brands: Different companies will carry different brands and types of panels. If you want a specific brand, make sure the solar panel company you're considering has it.
- Contract: Review the contract terms closely to make sure you understand the cost breakdown, project completion timeline rebates and warranties.
- Warranty: Warranties that provide coverage for panel repairs and maintenance over a couple decades are the best you can get in the business, and offering such a warranty is one mark 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 Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's West Galena, IL Solar Cost FAQs
What is the average cost of installing solar panels in West Galena?
The average cost of solar panels in West Galena is about $13,650 for a 5-kW system and $27,300 for a 10-kW system before the ITC, but the real cost will depend on stuff like the type of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in West Galena?
A solar panel system isn't free in West Galena, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Does West Galena have a net metering program?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just offer you credit toward your future utility bills.
How many solar panels do I need to power my home?
To figure out how many solar panels you need, you should find out how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average house 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.