Solar Panel Cost Guide in Cicero, IN (2025 Update)
- Cicero Solar Installation Cost: $25,487
- 25-Year Savings: $21,854
- Payback Period: 16.5 Years
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Average Cost of Solar Panels in Cicero
Let’s take a look at the average cost of solar in Cicero.
While the national average of solar panels is $2.66 per watt, solar panels in Cicero typically cost around 4.The average solar panel system size in Cicero is around 8.9 kilowatts, meaning a cost of about $25,487 for a solar installation, or $36,446 before the 0 federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you’ll pay for solar will differ based on your household energy needs, the type of equipment you want to get, your solar contractor and more.Many homeowners find installing a solar system is a fruitful investment. The average homeowner in Cicero can save about $16,000 on their power bills over 20 years.
Click the button below to get connected to a vetted solar company in Cicero for a customized estimate.
Solar savings over time in Cicero
| Year | Return on Investment |
|---|---|
| 1 years | $-24,162 |
| 3 years | $-21,511 |
| 5 years | $-18,859 |
| 7 years | $-16,208 |
| 9 years | $-13,557 |
| 11 years | $-10,906 |
| 13 years | $-8,254 |
| 15 years | $-5,603 |
| 17 years | $-2,952 |
| 19 years | $-301 |
| 21 years | $2,350 |
| 23 years | $5,002 |
| 25 years | $7,653 |
Top Solar Installers in Cicero
Although you can install solar panels yourself, it involves extra energy and expertise. Because of that, the majority of homeowners choose to hire a solar panel installer. The payback period of solar panels will vary depending on factors like your location and energy needs, but going with a solar company can shorten that period. Your provider will be able to help you get the most out of incentives available in your area.
Working with a licensed solar installer can make going solar easier. Here are our recommendations:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
See all of the solar companies in Cicero
Factors that Affect Solar Panel Costs in Cicero
The cost of installing a solar system in Cicero can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The most significant one is the size of the system your home needs, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
When it comes to estimating the cost of a solar system in Cicero, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home’s energy usage, which you can determine by looking at past power bills. Your total cost can increase by around $4,100 for each additional kilowatt you need.Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Cicero, where sunlight is relatively abundant, efficiency can quickly pay off. In addition, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be financially overwhelming. Solar loans are provided by most installers in Cicero, which can bring down, or in some cases eliminate, your upfront costs to make solar more affordable.However, the interest on solar loans also adds to your all-in costs, so it’s vital to keep that in mind as well. You can always lower the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
The final significant cost factor you should consider is the installer you choose. Given the booming popularity of clean energy solutions in Cicero, you’ll have lots of options to choose from, but each comes at different price points for labor and equipment.Additionally, some companies in Cicero have more knowledge about local solar incentives and can help you make good use of additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could end up saving you more money in the long run.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $4.26 | $17,909 | $8,112 | 17.2 years |
| 8 kW | $4.18 | $23,419 | $11,275 | 16.9 years |
| 10 kW | $4.10 | $28,700 | $14,668 | 16.5 years |
| 12 kW | $4.02 | $33,751 | $18,290 | 16.2 years |
| 14 kW | $3.94 | $38,573 | $22,142 | 15.9 years |
| 16 kW | $3.85 | $43,165 | $26,224 | 15.6 years |
| 18 kW | $3.77 | $47,527 | $30,535 | 15.2 years |
| 20 kW | $3.69 | $51,660 | $35,076 | 14.9 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you select the right company for you, here are some tips to keep in mind:
- Contract: Although reading through a contract can be tedious, it’s important to do it carefully so you can make sure you understand what services your solar company will provide and the terms of the warranty.
- Warranty: An all-inclusive, long-term warranty can help keep your solar panel system running for a long time and save you money on part replacement and repairs.
- Reputation: Companies that have been in business for many years likely have a good reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you choose.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Cicero, IN Solar Cost FAQs
How much does it cost to install solar panels in Cicero?
The average cost of solar panels in Cicero is about $20,500 for a 5-kW system and $41,000 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as the kind of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider apart from cost when buying solar panels?
Cost is a crucial factor to consider, but whether it’s the most important for you depends on why you decided to go solar. In places where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.
How will solar panels impact how much my home is worth?
Solar panels can increase your property’s value considerably as long as you buy or finance your panels and don’t choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption 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.