Solar Panel Cost Guide in Wheaton, IL (Dec 2022)

  • Wheaton Solar Installation Cost: $12,479
  • 25-Year Savings: $11,089
  • Payback Period: 13.2 Years

See cost of a solar system near you:

EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 11/09/2022

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Average Cost of Solar Panels in Wheaton

Let's take a look at the average cost of solar panels in Wheaton.

While the national average of solar panels is $2.66 per watt, solar panels in Wheaton typically cost around $3. To account for the typical energy usage of the average home in Wheaton, most homeowners require a 6.5-kilowatt system. Using the per-watt figure above, a solar installation costs about $12,479, or $9,234 after the federal solar tax credit of 30% is applied.

The prices above are just estimates to give you an idea of how much a solar panel system could cost. The true cost of going solar can vary quite a bit based on a few factors, such as how many panels you need, your energy usage and what solar installer you go with. Many homeowners find adopting solar power is a sound investment. The average homeowner in Wheaton can save around $14,000 on their electricity bills over 20 years.

To receive a free estimate from a highly rated solar company in Wheaton, you can click the button below.

Solar savings over time in Wheaton

Year Return on Investment
1 years $-11,536
3 years $-9,651
5 years $-7,765
7 years $-5,880
9 years $-3,994
11 years $-2,109
13 years $-223
15 years $1,662
17 years $3,548
19 years $5,433
21 years $7,319
23 years $9,204
25 years $11,089

Top Solar Installers in Wheaton

Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can be a pain. Going with a solar panel installer can make switching to solar power much easier. The expertise that solar companies offer can be useful as well, especially if you aren't sure what brand of solar equipment you need.

If you're searching for a solar company in Wheaton, we've organized 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 Wheaton

Factors that Affect Solar Panel Costs in Wheaton

While the average cost of a solar system in Wheaton is $12,479, your actual cost may differ. There are many factors that can have a significant impact on the cost of a solar panel installation. Below are some of the more crucial things to take into consideration.

Solar Equipment

The cost of solar panels varies by thousands of dollars due to a few different factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power generation need 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 $2,730. 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 choose 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, add-on products, like solar batteries, can bring your total well above the Wheaton average.

Solar Financing Terms

If paying for a solar system out of pocket is out of reach, solar loans are a solid option because they decrease your upfront costs and let you pay for your system over a term of, on average, between five and seven years. When figuring out your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying more on your down payment can lower the total interest paid over time.

Solar Panel Installation Company

A final consideration when trying to estimate the cost of solar for your home or business in Wheaton is the company you hire to install your solar system. As with choosing a company to build a deck or pool, for instance, there's no shortage of solar installers that provide a range of services at different costs. You may see national solar installers that have lower prices because of their bigger brand name and access to bulk prices, or you might see small, local installation companies offering deals or promotions to compete with those larger 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 $9,719 13.8 years
8 kW $2.78 $15,594 $13,264 13.5 years
10 kW $2.73 $19,110 $16,962 13.2 years
12 kW $2.68 $22,473 $20,813 13.0 years
14 kW $2.62 $25,684 $24,817 12.7 years
16 kW $2.57 $28,741 $28,974 12.4 years
18 kW $2.51 $31,646 $33,284 12.2 years
20 kW $2.46 $34,398 $37,747 11.9 years

How to Save on Solar Panels

The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because picking a company can be a challenge, we have some tips to help you, such as:

  • Reputation: Solar panel companies that have great reviews from their customers and that have been operating for many years in most cases provide high-quality solar panel installation and expertise.
  • Warranty: Each company may offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
  • Contract: Even though reading through a contract can take a lot of time, it's important to do it fully so you can make sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
  • Solar Panel Brands: Not all solar installers offer the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you choose.

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 Wheaton, IL Solar Cost FAQs

What is the average cost of installing solar panels in Wheaton?

The average cost of solar panels in Wheaton 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 things 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 Wheaton?

You can't get solar panels for free in Wheaton. However, you may still be able to get 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.

Can solar panels completely eradicate my energy bills?

Solar panels can potentially eliminate your electricity bills depending on your location and the efficiency of your system. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $721.45 per year.

How many solar panels should I get to power my home?

To figure out how many solar panels you need, you should find out how much energy your home uses 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 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.

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