Solar Panel Cost Guide in Rockford, KS (Aug 2022)

  • Rockford Solar Installation Cost: $14,145
  • 25-Year Savings: $29,996
  • Payback Period: 8.0 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 7/19/2022

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Average Cost of Solar Panels in Rockford

Here's how much it might cost to install solar panels in Rockford.

While the national average of solar panels is $2.66 per watt, solar panels in Rockford generally cost around $3. The average solar panel system size in Rockford is around 7.4 kilowatts, meaning a cost of about $14,145 for a solar installation, or $10,467 after the federal solar tax credit is applied.

These figures are just averages, and the cost of going solar for you will differ based on the amount of energy your home requires and what company you choose to go with. But, after you've paid the upfront cost of installation, the ROI for most homeowners is typically good, with a net average savings of about $23,000 over 20 years on utility bills.

To calculate your potential savings and connect with a local solar expert, click the button below.

Solar savings over time in Rockford

Year Return on Investment
1 years $-12,379
3 years $-8,848
5 years $-5,316
7 years $-1,785
9 years $1,746
11 years $5,278
13 years $8,809
15 years $12,340
17 years $15,871
19 years $19,403
21 years $22,934
23 years $26,465
25 years $29,996

Top Solar Installers in Rockford

Do-it-yourself solar panel installation is a choice some homeowners opt for, but it's an undertaking that can use up a lot of your time and energy. Hiring an installer can make converting to solar much easier. Some solar installers, especially local ones, can help you make the most of incentives in Rockford, thereby optimizing your ROI.

If you'd like to switch to solar energy but still aren't certain which solar system installer to go with, here are our suggestions for providers nearby:

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

The Green Panel

★★★★★
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 Rockford

Factors that Affect Solar Panel Costs in Rockford

For many Rockford homeowners, the decision to go solar comes down to cost. However, the range of solar installation costs can be quite wide in Rockford, with typical prices between $20,000 to $40,000. There are a number of factors that significantly influence the price you'll pay, which we'll go over below.

Solar Equipment Size

When it comes to estimating the cost of a solar system in Rockford, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home's energy usage, which you can gauge by looking at past electricity bills. Your overall cost can increase by around $2,590 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 more savings over time. Plus, if you want add-ons like an electric vehicle charger or solar batteries, this will also increase the cost.

Solar Financing Terms

For some homeowners, paying for solar out of pocket can be difficult. Solar loans are offered by most installers in Rockford, which can reduce, or in some cases eliminate, your upfront costs to make solar more accessible. You'll have to consider the long-term cost of financing options, including the amount of interest you'll pay over the length of the loan. If you're only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs considerably.

Solar Panel Installation Company

The solar panel installation company you pick will play a role in your total cost to make the switch to solar power. Different companies will charge different amounts for the equipment and labor. Additionally, some companies in Rockford 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 walking you through the whole process. 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 $2.69 $11,960 $23,925 8.3 years
8 kW $2.64 $15,639 $32,206 8.2 years
10 kW $2.59 $19,166 $40,641 8.0 years
12 kW $2.54 $22,539 $49,229 7.9 years
14 kW $2.49 $25,759 $57,971 7.7 years
16 kW $2.43 $28,826 $66,866 7.5 years
18 kW $2.38 $31,739 $75,914 7.4 years
20 kW $2.33 $34,499 $85,115 7.2 years

Solar Incentives in Rockford

Name Renewable Energy Property Tax Exemption
Incentive Amount 100%
More Info Click here

Name ITC
Type Tax Incentive
Incentive Amount 26% of installation cost
Website Visit here

How to Save on Solar Panels

The solar installer you go with will influence not only your total costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are several important things you should take into account, including:

  • Reputation: Your solar installer should have a solid reputation as a company and have verifiable expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from previous customers.
  • Solar Panel Brands: The model of solar panel you want to get plays a part in which company you should opt for, since different companies provide different panels.
  • Installation Process: Homeowners should make sure they know how exactly the installation process will go, as well as important factors like the completion timeline.
  • Warranty: A quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.

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

The Green Panel

★★★★★
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 Rockford, KS Solar Cost FAQs

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

This is a difficult question to answer precisely, because the cost depends on many factors. Generally speaking, it costs about $12,950 for a 5-kW system and $25,900 for a 10-kW system after the ITC is applied. You can expect to pay more if you want additional solar equipment or more efficient panels, or if you have above-average energy usage. On the other hand, you can spend less if you go with a smaller solar panel system or less efficient solar panels.

Should I lease or buy solar panels in Rockford?

Leasing solar panels can be an option if you can't afford to pay upfront or get a solar loan, but since you don't own the system, you can't take advantage of many solar incentives. Also your home value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most financial benefits from going solar.

Can solar panels significantly reduce my electricity bills?

It is possible to erase your electricity bills with solar panels, but for most homeowners in Rockford, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you'll want to contact a local solar installer to see how many panels can fit on your roof.

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

The exact number of solar panels you need depends on your household energy usage 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 account for 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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