Solar Panels Cost 2.6k-13k in Arlington Heights, IL | October, 2024

Solar Panels Cost $2.6k-$13k in Arlington Heights, IL | October, 2024

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How much do solar panels cost in Arlington Heights, IL in 2024?

The typical price per watt of solar panel systems in Arlington Heights, IL in October, 2024 is $3.81/W.

This means that, solar panel installations will cost you approximately, on average, $3,810 per 1 kW (or 1000 watts) of generation capacity. A 5 kW solar panel install in Arlington Heights will generally cost you $13,335 after applying the 30% federal tax credit. To fulfill your energy needs, you could require more than a 5kW system.

On the left-hand side, pick your county to determine the average roof size and the average maximum capacity for solar panels on homes within your area. Find below a full analysis of the {price|costs, payback period, and 20-year average savings for a 5 kW system installed in your county.

Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Arlington Heights: $13,335US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Arlington Heights: 10 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Arlington Heights: $8,363US Average: $15,784

Solar Potential in Arlington Heights

Estimated system size and solar electricity production per median viable roof in
Arlington Heights.

Roof size 518sq. ft.
Capacity 7.25kW DC
Electricity 8.3kkWh AC per yr.

Electricity Costs in Arlington Heights, IL & What that Means for Your Solar Panel Pricing

Arlington Heights residents typically have an average monthly electric bill of $114.22 per month, with a typical consumption of 601 kWh. Smaller dwellings, such as townhouses and condos, are also encompassed in the numbers cited in the previous sentence.

The average electricity rate in Arlington Heights, IL in October 2024 is 18.99¢ per kWh.

In Arlington Heights, a typical electricity user's electricity requirements should be fully accounted for by a solar panel system with a production capacity of 5 kW or more. Upfront, a 5 kWsolar system costs around $19,050, with the 30% tax credit, the price drops to $13,335.

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Average solar panel costs by system size in Arlington Heights

On the left side below, the cost breakdown for multiple sizes of the solar panel systems set up in Arlington Heights is displayed. Of course, with a bigger solar system, you will have a larger initial investment, but the rewards are higher electricity savings and more substantial income tax credits.

The solar panel cost and benefit breakdown, displayed in the calculator below and to the right, is based on an average electric bill of $114.22 in Arlington Heights. Adjust the $114.22 to fit your average bill payment for more precise outcomes.

System Size 1kW
Roof Size Min. space required
72 ft²
Electricity Value Annual Production $281 a year
Est. Price
$2,667
Savings from a 1kWthis system
  • Est. yearly production 1,480 kWh
  • Est. monthly savings $23
  • Full payback in 2 years
Environmental Impacts
  • Reduces CO2 emissions by 0.47 tons a year
  • Equivalent to planting 22 trees a year
  • Equivalent to driving 1,173 mi less a year
System Size 2kW
Roof Size Min. space required
143 ft²
Electricity Value Annual Production $562 a year
Est. Price
$5,334
Savings from a 2kWthis system
  • Est. yearly production 2,960 kWh
  • Est. monthly savings $47
  • Full payback in 4 years
Environmental Impacts
  • Reduces CO2 emissions by 0.95 tons a year
  • Equivalent to planting 44 trees a year
  • Equivalent to driving 2,346 mi less a year
System Size 3kW
Roof Size Min. space required
215 ft²
Electricity Value Annual Production $844 a year
Est. Price
$8,001
Savings from a 3kWthis system
  • Est. yearly production 4,440 kWh
  • Est. monthly savings $70
  • Full payback in 6 years
Environmental Impacts
  • Reduces CO2 emissions by 1.42 tons a year
  • Equivalent to planting 65 trees a year
  • Equivalent to driving 3,518 mi less a year
System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $1,125 a year
Est. Price
$10,668
Savings from a 4kWthis system
  • Est. yearly production 5,920 kWh
  • Est. monthly savings $94
  • Full payback in 8 years
Environmental Impacts
  • Reduces CO2 emissions by 1.9 tons a year
  • Equivalent to planting 87 trees a year
  • Equivalent to driving 4,691 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,406 a year
Est. Price
$13,335
Savings from a 5kWthis system
  • Est. yearly production 7,400 kWh
  • Est. monthly savings $114
  • Full payback in 10 years
Environmental Impacts
  • Reduces CO2 emissions by 2.31 tons a year
  • Equivalent to planting 106 trees a year
  • Equivalent to driving 5,706 mi less a year

Arlington Heights Solar Panel Installation Incentives & Rebates | 2024

The REAP Grant is designed to assist rural agricultural enterprises and small businesses by covering 80% to 100% of the costs associated with solar or wind turbine installations. If you think you might be in this category, we suggest verifying your qualification with our REAP Grant eligibility tool.

For residential solar installations, the majority of homeowners are eligible for a 30% federal income tax credit, which makes solar energy a feasible choice in many parts of the country. State and local governments offer various programs to promote the switch to solar energy.

Residents of Illinois can access 7 solar rebate and incentive initiatives from a variety of utilities and governmental organizations.

Illinois Clean Energy Community Foundation Grants

Value:Varies

Commonwealth Edison funds the Illinois Clean Energy Community Foundation (ICECF). The foundation supports private investment in renewable energy for Illinois through a variety of grant initiatives targeted at communities and schools. Eligible projects for a grant include solar, wind, and biomass installations interconnected to the grid. One initiative funding wind power for schools also supports related educational programs. Additional information is available through the ICECF website.

Net Metering

Value:Varies

Renewable energy and distributed generation customers in Illinois may enter net metering or "dual metering" arrangements with their utility. By using their generation system, customers generate renewable energy credits. By law, they hold ownership of the RECs they generate, but they may choose to sell them to the utility upon signing a net metering contract. Dual metering is for property types in a "competitive class". Utilities should install a dual-channel meter to measure net excess generation (NEG) sent back to the grid. The customer will receive a bill credit for monthly NEG at a variable rate. Net metering operates in a similar fashion, but uses a single bidirectional meter and is designed for residential and certain commercial properties (these are "non-competitive classes".) Additional information is available from the Illinois Department of Energy.

Interconnection Standards

Value:Varies

Illinois has adopted various state standards for distributed generation and interconnection using systems rated for less than 10 MW. Regulations are amended and enforced by the Illinois Commerce Commission (ICC). Each connected generation system is sorted into one of four tiers based on capacity. Which tier a system falls into determines engineering standards, permit processes, and the minimum liability insurance coverage that the system's owner must carry. Distributed generation for systems over 10 MW is also standardized under a different set of rules. Additional information is available from the ICC website.

Renewable Portfolio Standard

Value:Varies

The Illinois legislature enacted the state's first renewable portfolio standard in 2007 and established the Illinois Power Agency for its enforcement. The current standard requires 25% of the state's renewable energy to come from renewable sources by 2026, with 6% coming from solar installations, 75% from wind turbines, and 1% from distributed generation systems. Compliance is measured using a renewable energy credit (REC) system pegging electric capacity to an adjusted dollar value. Utilities in the state must obtain these credits through their own generation activities or by purchasing them from distributed generation customers.

Energy Efficiency in State Government

Value:Varies

New government buildings or renovation projects in Illinois should comply with certain green building standards. Any new occupied state building or renovation affecting a maximum of 10,000 square feet should meet the highest feasible LEED standard, though the state does not need to apply for formal LEED certification. New buildings or renovation projects over 10,000 square feet must meet LEED Silver standards and apply for formal certification. A project may be exempt if costs toward meeting green building standards exceed benefits. Historic buildings may carry an exemption by default if improvements would negatively affect their aesthetics or status. Additional information is available from the Illinois Department of Commerce website.

Illinois Municipal Electric Agency - Electric Efficiency Program

Value:Varies

Residential, commercial, and wholesale customers of the Illinois Municipal Electric Agency may be eligible for a variety of financial incentives on energy efficiency equipment and projects. Eligible items and services will change from time to time. Current programs include rebate offers on HVAC, lighting, motors, and generation equipment. For each of these projects, the rebate amount averages at 7 cents per saved kilowatt hour for the first year of the improvements' deployment. The application process involves project reviews. Customers should submit copies of the city permits they have obtained for their proposed projects. To ensure accountability, IMEA requires the submission of receipts and a final inspection upon completion of the project. Additional information is available from the IMEA website.

Solar Renewable Energy Credits

Value:Varies

The Illinois Power Agency is a legislative organization that aids several private electrical utilities (Commonwealth Edison and Ameren, specifically) in purchasing renewable energy credits, including credits designated exclusively for solar energy. To meet renewable portfolio standards, the IPA acts as a diplomatic middleman to create purchasing agreements between utilities. As IPA both designs and operates procurement programs using a variety of tracking systems, customers participating in arrangements such as net metering may interface directly with the IPA. Additional information is available from the agency website.

Are solar panels worth it in Illinois?

If you're planning to reside in your home past the solar system's payback period, solar panels are a smart decision in Arlington Heights. A 5 kW solar system in Arlington Heights, IL might save you an average of $14,077.8 over 20 years, with the break even point generally being 10 years.

The cost of not having solar panels in Arlington Heights, IL

In addition to missing out on the aforementioned savings, not having solar panels or a separate backup energy source results in complete dependence on your electric utility for electricity. Recent news coverage has demonstrated that complete reliance on your utility company is not always ideal.

Generally, customers in Arlington Heights face around 0.59 outages. Outages typically last for an average of 48.99 minutes. Major occurrences like overloaded power grids, tornadoes or planned maintenance can lead to a significant rise in these time frames.

A solar energy system, regardless of a backup battery, could lessen the effects of any future power interruptions you might encounter.

Power Outages

Currently, 0 customers are being tracked in Cook County.

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Customers Out:

0

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What impacts the cost of solar panels in Arlington Heights, IL?

Your Energy Needs - While the upfront cost is higher, the price per watt drops with larger solar panel systems. Individuals often realize that installing a solar system to fully cover their electric bill is a beneficial decision, resulting in the most savings.

Make & Model - Just like many products, solar panels are offered in a variety of makes and models. The system preferences of your chosen installer can make it essential to choose a highly rated company. Selecting superior quality materials generally provides a more favorable long-term experience for the buyer.

Solar Panel Type - It's understandable that monocrystalline panels are now the standard in the industry. Although the cost is more, they yield more energy. Most installers use these types of panels.

Your Property - Each property and home presents unique challenges. Sloping terrain, trees, or other impediments may complicate the installation process. By using satellite images, solar installers these days can evaluate your home and incorporate these elements into the first cost estimate.

Labor Rates - The costs associated with the different wages given by companies to their employees are borne by the consumers. Companies paying more to their employees typically get higher reviews for their work and customer service.

Permitting & Interconnection - Depending on the location, permitting and utility interconnection fees will influence your installation price. Quality local installers will integrate these numbers into your preliminary quotes to prevent any surprises.

See what solar panels cost in other IL cities

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Who are the best solar installers in Arlington Heights?

Freedom Forever

Temecula, CA(800) 685-1850

Services

  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.

Solar SME Inc.

Duncanville, TX(832) 626-2337

Services

  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

YellowLite

Cleveland, OH(877) 743-8757

Services

  • Reparation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of batteries for energy storage.
  • Installation of solar arrays.

Academy Energy Group

Newburgh, IN(812) 518-2150

Services

  • Auditing of energy requirements for independent energy generation.
  • Solar systems for selling electricity back to the grid.
  • Monitoring of independent energy generation.
  • Reparation of solar arrays.
  • Installation of solar arrays.

SunVest Solar

Pewaukee, WI(262) 547-1200

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

Plug PV

Albany, NY(518) 948-5316

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Monitoring of independent energy generation.

SunPro Solar

Mandeville, LA(866) 599-3643

Services

  • Auditing of energy requirements for independent energy generation.
  • Installation of solar arrays.
  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.
  • Installation of batteries for energy storage.

Power Home Solar

Mooresville, NC(704) 870-3670

Services

  • Installation of batteries for energy storage.
  • Consulting on all things solar related.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.
  • Reparation of solar arrays.
  • Installation of solar arrays.

RISE Power

Richardson, TX(855) 747-3769

Services

  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Monitoring of independent energy generation.
  • Consulting on all things solar related.

Dividend Finance

San Francisco, CA(415) 805-7000

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.
  • Installation of batteries for energy storage.

Eagle Point Solar

Dubuque, IA(563) 582-4044

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

Palmetto Solar

Charleston, SC(855) 339-1831

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.
  • Reparation of solar arrays.

SunPower Corporation

San Jose, CA(800) 786-7693

Services

  • Installation of solar arrays.
  • Solar systems for selling electricity back to the grid.
  • Monitoring of independent energy generation.
  • Installation of batteries for energy storage.
  • Reparation of solar arrays.
  • Consulting on all things solar related.
  • Expertise in consulting on advantageous financing for solar.

Silver Sun Solar

Deltona, FL(340) 227-7785

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.

Tick Tock Energy

Effingham, IL(217) 994-9020

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of batteries for energy storage.

Harvest Solar

Jackson, MI(888) 907-6527

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

AES Solar

Carterville, IL(618) 988-0888

Services

  • Expertise in consulting on advantageous financing for solar.
  • Solar systems for selling electricity back to the grid.
  • Consulting on all things solar related.
  • Installation of batteries for energy storage.
  • Installation of solar arrays.

Sunnova Energy

Houston, TX(866) 786-6682

Services

  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

Sunrun

San Francisco, CA(833) 394-3384

Services

  • Expertise in consulting on advantageous financing for solar.
  • Monitoring of independent energy generation.
  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Solar systems for selling electricity back to the grid.

GRNE Solar

Palatine, IL(312) 859-3417

Services

  • Installation of solar arrays.
  • Consulting on all things solar related.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of batteries for energy storage.

Sigora Solar

Charlottesville, VA(434) 465-6192

Services

  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of batteries for energy storage.
  • Installation of solar arrays.

Entegrity

Little Rock, AR(800) 700-1414

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.

Ideal Energy

Fairfield, IA(800) 634-4454

Services

  • Expertise in consulting on advantageous financing for solar.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Installation of solar arrays.

Soltage

Jersey City, NJ(201) 432-1786

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of batteries for energy storage.
  • Installation of solar arrays.

Engie North America

Houston, TX(713) 636-0000

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of batteries for energy storage.
  • Installation of solar arrays.

City Electric Supply

Dallas, TX(866) 634-9853

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

LightEdison

Denver, CO(888) 966-6377

Services

  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.

PowerHome Solar

Mooresville, NC(704) 870-3670

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.

Empire Solar Group

Salt Lake City, UT(800) 467-4562

Services

  • Installation of solar arrays.
  • Solar systems for selling electricity back to the grid.
  • Installation of batteries for energy storage.

Badass Energy

Claremont, CA(909) 320-9860

Services

  • Installation of solar arrays.
  • Consulting on all things solar related.
  • Installation of batteries for energy storage.

Arlington Heights, IL Solar Panel Cost FAQs

  • The typical cost per watt for solar panels in Arlington Heights, IL as of October, 2024 is $3.81/W. The approximate cost of a 5 kW solar panel system in Arlington Heights, IL, after deducting federal tax credits, is $13,335.

  • Various utility providers and government organizations in Illinois are offering 7 rebates and incentives at this time. In addition, the 30% federal income tax credit is available to almost everyone.

  • Cash payments result in the greatest savings, but numerous financing options for solar panels that are financially advantageous are now available. Financing options are frequently available through installers and will be included in your initial quotes.

  • Yes, the average 5 kW solar panel payback time in Arlington Heights, IL is 10 years, with expected savings of $14,077.8 on electricity over 20 years.
Alex Zdanov
Last Reviewed By: Alex Zdanov
Published: 2024-10-01