Solar Panels Cost 5.4k-16k in East Galesburg, IL | October, 2024

Solar Panels Cost $5.4k-$16k in East Galesburg, IL | October, 2024

High Power Bills?

Reduce or replace your electricity bill with solar

How much do solar panels cost in East Galesburg, IL in 2024?

Getting solar panels in East Galesburg, IL averages out to $3.92 per watt in the month of October, 2024.

Put another way, solar panels will cost you about $3,920 per 1 kW (or 1000 watts) of production capacity. In East Galesburg, a 5 kW panel install sets you back, on average, $13,720 after the 30% federal income tax credit. To fulfill your energy demands, you may require more than a 5kW system.

Use the menu on the left to pick your county and determine the average roof size and the average maximum capacity for residential solar on residences in your area. Below, you can see an overview of the costs, payback period and 20 year average savings for a 5 kW system in your county.

Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
East Galesburg: $13,720US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
East Galesburg: 9 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
East Galesburg: $12,109US Average: $15,784

Solar Potential in East Galesburg

Estimated system size and solar electricity production per median viable roof in
East Galesburg.

Roof size 679sq. ft.
Capacity 9.5kW DC
Electricity 11kkWh AC per yr.

Electricity Costs in East Galesburg, IL & What that Means for Your Solar Panel Pricing

In East Galesburg, the average kWh usage is 701 per month, and the electric bill is $132.12. Compact dwellings, such as townhouses and duplexes, are also encompassed in the statistics cited in the preceding sentence.

The rate of electricity in East Galesburg, IL, on average, is 18.85¢ per kWh in October 2024.

Typical users in East Galesburg will want a solar power system of 6 kW or larger to cover their full electricity usage needs. Right now, a 6 kW setup is priced at $23,520, but after a 30% tax credit, it drops to $16,464

Go Solar for less than your cell phone bill.

Average solar panel costs by system size in East Galesburg

To the left and below, the price breakdown for different sizes of the solar panel systems installed in East Galesburg is shown. The investment for a larger solar panel setup is higher, but it also offers greater electricity savings and increased income tax credits.

Using the solar panel cost calculator located down and to the right, you can view a detailed cost and benefit analysis based on an average electric bill of $132.12 in East Galesburg. By modifying the $132.12 to your average electricity bill, you can get tailored results.

System Size 2kW
Roof Size Min. space required
143 ft²
Electricity Value Annual Production $562 a year
Est. Price
$5,488
Savings from a 2kWthis system
  • Est. yearly production 2,960 kWh
  • Est. monthly savings $47
  • Full payback in 3 years
Environmental Impacts
  • Reduces CO2 emissions by 0.82 tons a year
  • Equivalent to planting 38 trees a year
  • Equivalent to driving 2,024 mi less a year
System Size 3kW
Roof Size Min. space required
215 ft²
Electricity Value Annual Production $844 a year
Est. Price
$8,232
Savings from a 3kWthis system
  • Est. yearly production 4,440 kWh
  • Est. monthly savings $70
  • Full payback in 5 years
Environmental Impacts
  • Reduces CO2 emissions by 1.23 tons a year
  • Equivalent to planting 56 trees a year
  • Equivalent to driving 3,036 mi less a year
System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $1,125 a year
Est. Price
$10,976
Savings from a 4kWthis system
  • Est. yearly production 5,920 kWh
  • Est. monthly savings $94
  • Full payback in 7 years
Environmental Impacts
  • Reduces CO2 emissions by 1.64 tons a year
  • Equivalent to planting 75 trees a year
  • Equivalent to driving 4,048 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,406 a year
Est. Price
$13,720
Savings from a 5kWthis system
  • Est. yearly production 7,400 kWh
  • Est. monthly savings $117
  • Full payback in 9 years
Environmental Impacts
  • Reduces CO2 emissions by 2.04 tons a year
  • Equivalent to planting 94 trees a year
  • Equivalent to driving 5,059 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,687 a year
Est. Price
$16,464
Savings from a 6kWthis system
  • Est. yearly production 8,880 kWh
  • Est. monthly savings $132
  • Full payback in 10 years
Environmental Impacts
  • Reduces CO2 emissions by 2.3 tons a year
  • Equivalent to planting 106 trees a year
  • Equivalent to driving 5,700 mi less a year

East Galesburg Solar Panel Installation Incentives & Rebates | 2024

Eligible rural small businesses and farms might have their solar or wind turbine installation costs covered by the REAP Grant, ranging from 80% to 100%. Not sure if you qualify? Use our REAP Grant eligibility tool to verify.

For those considering residential solar options, a 30% federal income tax credit is broadly available, boosting the appeal and practicality of solar energy in numerous areas in the nation. Together with federal efforts, state and local programs help to support the use of solar power.

Several utilities and government organizations in Illinois currently offer 7 solar rebates and incentives.

Solar incentives in IL

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?

When you expect to live in your home beyond the payback period of your solar system, solar panels are an clear choice in East Galesburg. Over a 20 year time frame, a 5 kW solar system in East Galesburg, IL could save you around $17,988.8, with the average break even time being 9 years.

The cost of not having solar panels in East Galesburg, IL

In addition to missing out on the previously mentioned savings, not having solar panels or a separate backup energy source makes you fully reliant on your electric utility for electricity. As shown by recent news, total dependence on your utility isn't always ideal.

Lately, the average number of utility outages per customer in East Galesburg has been 0.78 annually. Outages generally last for an average of 92.9 minutes. During major occurrences like wildfires, grid management errors, or planned maintenance, these times can extend significantly.

A solar panel system, with or without a backup battery or not, could help lessen the impact of future power outages you might encounter.

Power Outages

Currently, 0 customers are being tracked in Knox County.

Learn more

Customers Out:

0

Go Solar for less than your cell phone bill.

What impacts the cost of solar panels in East Galesburg, IL?

Your Energy Needs - While the upfront cost is larger, the price per watt decreases with larger solar panel systems. Most consumers see the benefit in setting up a solar setup that can generate enough power to cover their entire electric bill, ensuring significant savings.

Make & Model - There are numerous brands and models of solar panels. Selecting an installer with certain brand preferences means it is even more important essential to go with a highly rated contractor. Selecting better quality equipment usually yields 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. These panels have a higher cost but generate more energy. Most installers in the industry use panels constructed of this material.

Your Property - No two homes or properties are the same. Elements like trees, uneven landscapes, or additional considerations might complicate the installation process. Solar installers today have the ability to use satellite images to evaluate your home and incorporate these factors in the preliminary cost estimate.

Labor Rates - Companies provide varying pay rates to their employees, which are then reflected in the prices consumers pay. Often, businesses paying more in wages additionally enjoy higher ratings for their services and customer service.

Permitting & Interconnection - Your final installation cost will be affected by local permitting and utility interconnection fees, which change by area. Quality local installers will include these numbers into your first quotes to prevent any surprises.

See what solar panels cost in other IL cities

Go Solar for less than your cell phone bill.

Who are the best solar installers in East Galesburg?

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.

East Galesburg, IL Solar Panel Cost FAQs

  • As of October, 2024, the typical cost for solar panels in East Galesburg, IL is $3.92/W. In East Galesburg, IL, the cost of installing a 5 kW solar panel system is approximately $13,720 after applying the federal tax credit.
  • Currently, Illinois residents can benefit from 7 rebates and incentives available through various utilities and government bodies. Additionally, the vast majority qualify for the 30% federal tax credit.
  • Paying cash offers the most savings, yet there are many financing options available today for solar panels that are also beneficial. Initial quotes from installers will frequently contain information about available financing options.
  • Yes, the average time to recoup the cost of 5 kW solar panels in East Galesburg, IL is 9 years, with homeowners saving an average of $17,988.8 on electricity over 20 years.
Alex Zdanov
Last Reviewed By: Alex Zdanov
Published: 2024-10-01