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Top Solar Installers in Rockford
Installing solar panels on your own can be a dangerous task, which is why hiring a solar installer is a good option for many homeowners. A solar installer can also help save you money over the lifespan of your system by providing warranties, repairs and system component replacements.
Working with a professional solar installer can help you make the most of your investment in solar. Here are our recommendations:
See all of the solar companies in Rockford
Factors that Affect Solar Panel Costs in Rockford
The cost of installing a solar system in Rockford can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The largest one is the size of the system your household needs, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment Size
The size of the solar panel system you need to offset your energy usage is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by about $2,840. There are many different solar panel brands and the one you pick also changes the cost. Usually, the brands that have better efficiency tend to also cost more. Plus, the type of equipment you're looking to install can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar companies in Rockford provide solar loans, which reduce your upfront costs of installing a solar system. However, the interest on solar loans also increases your all-in costs, so it's crucial to keep that in mind as well. You can always reduce the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
The solar installer you opt for to handle your switch to clean energy can have an effect on your total costs. There are about 3 solar installation companies in Rockford, and each can charge varying amounts for labor and equipment. The company's size sometimes plays the most significant role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower prices due to access to greater resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing down to compete with bigger names.
Solar Panel Cost Data by System Size
|System size||Cost per system watt||Solar system cost||25-Year savings||Payback period|
|6 kW||$2.95||$12,405||$15,743||11.0 years|
|8 kW||$2.90||$16,222||$21,308||10.8 years|
|10 kW||$2.84||$19,880||$27,033||10.6 years|
|12 kW||$2.78||$23,379||$32,917||10.4 years|
|14 kW||$2.73||$26,719||$38,959||10.2 years|
|16 kW||$2.67||$29,900||$45,161||10.0 years|
|18 kW||$2.61||$32,921||$51,522||9.7 years|
|20 kW||$2.56||$35,784||$58,042||9.5 years|
Solar Incentives in Rockford
|Name||Wind and Solar-Electric (PV) Systems Exemption|
|Incentive Amount|| Solar: 100% exemption from real property taxes |
Wind: 100% exemption from real and personal property taxes
|More Info||Click here|
|Name||Solar Energy Sales Tax Exemption|
|Incentive Amount||100% exemption|
|More Info||Click here|
|Name||Xcel Energy - Solar*Rewards Program|
|Incentive Amount|| Residential Systems: $0.07 per kWh produced over 10 years. |
Income-Qualified Residential Systems: $0.07 per kWh produced over 10 years, plus $2.00/W up-front.
Income-Qualified Multifamily: $0.06 per kWh produced over 10 years, plus $1.00/W up-front.
Income-Qualified Solar Garden: $0.06 per kWh produced over 10 years, plus $0.50/W up-front.
Commercial Systems: $0.06 per kWh produced over 10 years
|More Info||Click here|
How to Save on Solar Panels
There are numerous companies available in Rockford, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:
- Installation Process: Make sure you're on the same page with the company in regard to how the installation process will go and what needs to be done before your solar panels are installed, such as repairing your electrical system or roof.
- Contract: Before signing a contract with a solar company, make sure to read it through carefully so you understand the terms. Also, ask questions if you're unsure about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, durability and energy efficiency. They will come at different prices as well. The company you choose has an impact on which solar panel brands you have access to.
- Reputation: Your solar installer should have a sound reputation as a company and have proven 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 past customers.
EcoWatch's Rockford, MN Solar Cost FAQs
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.