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

  • Winfield Solar Installation Cost: $17,196
  • 25-Year Savings: $13,429
  • Payback Period: 16.6 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 Winfield

Here’s how much it might cost to make the switch to solar in Winfield.

The average cost of a solar system in Winfield is 4 per watt.The average solar panel system size in Winfield is around 6.5 kilowatts, meaning a cost of about $17,196 for a solar installation, or $24,590 before the 0 federal solar tax credit is applied.

These figures are just estimates, and your own solar costs will differ based on your specific situation and what company you want to go with.Many homeowners find installing a solar system is a fruitful investment. The average homeowner in Winfield can save around $15,000 on their power bills over 20 years.

For a personalized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.

Solar savings over time in Winfield

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 Winfield

Although you can install solar panels on your own, it takes extra labor and know-how. Because of that, the majority of homeowners choose a solar panel installer. Another good thing about going with a top solar installer is that it'll usually provide warranties and free repairs, which help protect your investment.

Working with a licensed solar installer can help you make the most of your investment in solar. Here are our recommendations:

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 Winfield

Factors that Affect Solar Panel Costs in Winfield

There are a number of factors that can affect your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.

Solar Equipment

The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power production 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 $3,760.There are many different solar panel brands and the one you pick also affects the cost. Usually, the brands that offer higher efficiency tend to also cost more. Plus, the type of equipment you’re looking to get can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.

Solar Financing Terms

Solar panels can save you money on energy bills over many years, but they can also be a big investment. That’s why many Winfield homeowners choose to finance their solar panel systems to make paying for solar more affordable.Even though solar loans make going solar more accessible for Winfield homeowners, they can also raise the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can avoid paying as much in interest.

Solar Panel Installation Company

The last key cost factor you should consider is the installer you choose. Given the booming popularity of clean energy solutions in Winfield, you’ll have plenty of options to choose from, but each comes at varying price points for labor and equipment.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 $7,375 17.3 years
8 kW $3.84 $21,477 $10,254 16.9 years
10 kW $3.76 $26,320 $13,344 16.6 years
12 kW $3.68 $30,952 $16,645 16.3 years
14 kW $3.61 $35,374 $20,156 15.9 years
16 kW $3.53 $39,585 $23,878 15.6 years
18 kW $3.46 $43,586 $27,810 15.3 years
20 kW $3.38 $47,376 $31,952 14.9 years

How to Save on Solar Panels

The solar installer you opt for will be a major factor in determining not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are some important things you should keep in mind, such as:

  • Reputation: Make sure your solar installer has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like EcoWatch.
  • Installation Process: Get details from your solar company about the installation process and what to expect, such as when the site survey will be done and how long it will take.
  • Contract: Look through the contract terms closely to make sure you understand the cost breakdown, project timeline incentives and warranties.
  • Solar Panel Brands: The kind of solar panel you need to install plays a part in which company you should opt for, since different companies have different panels.

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 Winfield, IL Solar Cost FAQs

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

This is a difficult question to answer precisely, because the cost depends on many factors. Generally speaking, it costs about $18,800 for a 5-kW system and $37,600 for a 10-kW system after the ITC is applied. It will be more expensive if you want additional solar equipment or higher quality panels, or if you have above-average energy needs. Conversely, you can spend less if you want a smaller solar panel system or less expensive solar panels.

Are solar panels free in Winfield?

A solar panel system isn’t free in Winfield, 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 you can take advantage of.

Does Winfield have a net metering program?

Each state has some kind 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 give you credit toward your future electricity bills.

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

The exact number of solar panels you need depends on your household energy needs and how much sunlight your roof gets. You can 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 cover 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.

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