Solar Panel Cost Guide in Wethersfield, IL (2024 Update)
- Wethersfield Solar Installation Cost: $16,922
- 25-Year Savings: $11,682
- Payback Period: 17.7 Years
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Average Cost of Solar Panels in Wethersfield
Let’s have a look at the average cost of solar in Wethersfield.
The average cost of solar panels in Wethersfield is 4 per watt.Because a 6.4-kW system is needed to cover the energy costs of a typical home in Wethersfield, the average price of going solar will be about $16,922 after claiming the federal solar tax credit of 0.
Keep in mind that the figures above are only estimates based on the average Wethersfield homeowner. The cost of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.With typical savings of about $14,000 on energy bills over 20 years, many homeowners in Wethersfield find investing in solar has a decent ROI.
To calculate your potential savings and connect with a local solar expert, click the button below.
Solar savings over time in Wethersfield
| Year | Return on Investment |
|---|---|
| 1 years | $-16,071 |
| 3 years | $-14,370 |
| 5 years | $-12,668 |
| 7 years | $-10,967 |
| 9 years | $-9,266 |
| 11 years | $-7,565 |
| 13 years | $-5,863 |
| 15 years | $-4,162 |
| 17 years | $-2,461 |
| 19 years | $-759 |
| 21 years | $942 |
| 23 years | $2,643 |
| 25 years | $4,344 |
Top Solar Installers in Wethersfield
DIY solar panel installation is a possibility, but it's an undertaking that can take a lot of hard work. Hiring an installer can make your swap to solar power much easier. Also, companies with a good reputation that are more expensive upfront could actually save you money in the long term due to their warranties, repair services and expert design.
If you're looking for a solar company in Wethersfield, the EcoWatch team has compiled a list of our top suggestions here:
Best National Provider
SunPower
- 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
- 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
See all of the solar companies in Wethersfield
Factors that Affect Solar Panel Costs in Wethersfield
Cost is typically one of the most important factors for homeowners wanting to invest in solar. There are a few key factors that will push your cost above or below the average in Wethersfield: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more energy your household consumes, the larger your system will likely need to be. You can expect to pay around $3,760 per kilowatt in Wethersfield.There are many different solar panel brands and the one you pick also changes the cost. Generally, the brands that have better efficiency tend to also be more expensive. In addition, the type of equipment you choose 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 solar panels out of pocket is out of reach, solar loans are a solid option because they reduce your upfront costs and let you pay for your system over five to seven years on average.When trying to figure out your overall cost, you should also calculate the interest you’ll pay if you decide on a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Wethersfield is the company you get to install your solar panel system. As with choosing a company to install new cabinets, for instance, there are plenty of solar installers that offer a range of services for different budgets.Larger national companies typically have lower costs, but some local companies compete with 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 | $3.91 | $16,424 | $5,944 | 18.4 years |
| 8 kW | $3.84 | $21,477 | $8,346 | 18.0 years |
| 10 kW | $3.76 | $26,320 | $10,959 | 17.7 years |
| 12 kW | $3.68 | $30,952 | $13,783 | 17.3 years |
| 14 kW | $3.61 | $35,374 | $16,817 | 16.9 years |
| 16 kW | $3.53 | $39,585 | $20,062 | 16.6 years |
| 18 kW | $3.46 | $43,586 | $23,517 | 16.2 years |
| 20 kW | $3.38 | $47,376 | $27,183 | 15.9 years |
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 a tough decision, we have some tips to help you, such as:
- Installation Process: Homeowners should make sure they know how exactly the installation process will be carried out, as well as important factors like the project completion timeline.
- Warranty: A comprehensive, long-term warranty can help keep your solar panel system running for years to come and save you money on part replacement and repairs.
- Reputation: Make sure your solar system installer has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like EcoWatch.
- Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, longevity 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.
Best National Provider
SunPower
- 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
- 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
EcoWatch's Wethersfield, IL Solar Cost FAQs
What is the average cost of installing solar panels in Wethersfield?
The average cost of solar panels in Wethersfield is about $18,800 for a 5-kW system and $37,600 for a 10-kW system before the ITC, but the real cost will depend on stuff like the kind of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Wethersfield?
Solar panels aren’t free in Wethersfield, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Can you sell solar power back to the grid in Wethersfield?
Most states offer net metering programs of some kind. Through these, you can receive compensation for the extra power your system produces 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 often do you have to replace solar panels?
On average, solar panels can last 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 higher level 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.