Solar Panel Cost Guide in Brookside, IL (2024 Update)
- Brookside Solar Installation Cost: $16,112
- 25-Year Savings: $14,766
- Payback Period: 15.2 Years
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Updated February 03, 2024
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Average Cost of Solar Panels in Brookside
Let’s take a look at the average cost of solar in Brookside.
Although the national average of solar panels is $2.66 per watt, solar panels in Brookside generally cost around 4.The average solar panel system size in Brookside is around 6.1 kilowatts, meaning a cost of about $16,112 for a solar installation, or $23,040 before the 0 federal solar tax credit is applied.
The true cost of your system can go above or below the average in Brookside based on a few factors, such as the type of solar panels you choose and the solar company you hire.But, after you've paid the upfront cost of installation, the return on investment for most homeowners is usually good, with a net average savings of about $16,000 over 20 years on power bills.
You can click the button below to get connected with a pre-vetted solar installer in Brookside that can help you get a more accurate cost estimate for your home.
Solar savings over time in Brookside
Year | Return on Investment |
---|---|
1 years | $-15,262 |
3 years | $-13,560 |
5 years | $-11,859 |
7 years | $-10,158 |
9 years | $-8,457 |
11 years | $-6,755 |
13 years | $-5,054 |
15 years | $-3,353 |
17 years | $-1,651 |
19 years | $50 |
21 years | $1,751 |
23 years | $3,452 |
25 years | $5,154 |
Top Solar Installers in Brookside
Although you can install solar panels yourself, it involves extra labor and handiness. Because of that, most homeowners choose a solar panel installer. A solar installer can also help save you money over time by offering warranties, repairs and part replacements.
If you're searching for a solar installer in Brookside, the EcoWatch team has put together a list of our top suggestions here:
Best National Provider
SunPower
- 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
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best for Leasing
Sunrun
- 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 Brookside
Factors that Affect Solar Panel Costs in Brookside
There are several factors that can play into your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
One of the most important factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more energy your household uses, the larger your system will likely need to be. You can expect to pay about $3,760 per kilowatt in Brookside.There are several different solar panel brands and the one you pick also changes the cost. In many cases, the brands that offer higher efficiency tend to also cost more. In addition, the type of equipment you want 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
Many homeowners find the average cost of solar in Brookside to be prohibitively costly, even if the investment pays off over time. Fortunately, almost every solar installer in the area offers financing options. Solar loans remarkably decrease upfront costs in most cases, but they also lead to paying more over time because of interest.When considering your overall cost, you should also calculate the interest you’ll pay if you go with a solar loan. Also, paying a higher down payment can reduce 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 Brookside 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 for different budgets.You may notice national solar installers that have lower prices because of 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 | $9,514 | 15.8 years |
8 kW | $3.84 | $21,477 | $13,107 | 15.5 years |
10 kW | $3.76 | $26,320 | $16,910 | 15.2 years |
12 kW | $3.68 | $30,952 | $20,924 | 14.9 years |
14 kW | $3.61 | $35,374 | $25,148 | 14.6 years |
16 kW | $3.53 | $39,585 | $29,583 | 14.3 years |
18 kW | $3.46 | $43,586 | $34,229 | 14.0 years |
20 kW | $3.38 | $47,376 | $39,084 | 13.7 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since selecting a company can be difficult, we have some tips to help you, such as:
- Warranty: A comprehensive, long-term warranty can help keep your solar panel system running for years to come and save you money on repairs and maintenance.
- Installation Process: Get details from your solar company about the installation process and what to expect, such as when the site survey will be completed and what the project timeline is.
- Reputation: Your solar installer should have a sound reputation as a company and have demonstrated expertise in the field. Two 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 positive reviews from previous customers.
- Solar Panel Brands: The type of solar panel you want to get plays a part in which company you should go with, since different companies provide different panels.
Best National Provider
SunPower
- 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
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's Brookside, IL Solar Cost FAQs
What is the average cost of installing solar panels in Brookside?
This is a difficult question to answer precisely, because the cost depends on a variety of 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 other solar equipment or higher quality panels, or if you have above-average energy needs. On the other hand, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
Can you get solar panels for free in Brookside?
You can’t get solar panels for free in Brookside. 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 want to own your solar panels, you can finance them with a solar loan.
Is it worth going solar in Brookside?
Whether or not solar panels are worth it depends on some different factors like local electricity rates and how much direct sunlight your roof gets.
How many solar panels do I need to power my home?
To figure out what solar panel system size you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average household 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.