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

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

The average monthly electric bill for a Flossmoor energy consumer is $114.22, with an typical usage of 601 kWh. Compact dwellings, such as townhouses and condos, are also covered in the figures noted in the prior sentence.

In October 2024, Flossmoor, IL's mean electricity rate is 18.99¢ per kWh.

To take care of the electricity requirements of a typical consumer in Flossmoor, a solar system of 5 kW or higher is necessary. After incentives, a 5 kW solar system is priced at around $13,475.

Are solar panels worth it in Illinois?

If you intend to live in your home beyond the payback period of your solar system, solar panels are an excellent choice in Flossmoor. A 5 kW solar system in Flossmoor, IL might save you an average of $13,937.8 over 20 years, with the break even point typically being 10 years.

The cost of not having solar panels in Flossmoor, IL

Skipping solar panels or an alternative backup energy source results in you'll miss out on the savings mentioned above and be completely dependent on your electric utility for power. Full reliance on your utility provider is not always ideal, as recent examples in the news have highlighted.

On average, customers in Flossmoor have faced 0.59 utility outages per year in recent times. On average, the length of an outage is 48.99 minutes. Major events like heavy rain and flooding, construction accidents, or aging infrastructure can cause these durations to rise considerably.

A solar panel system, with or without a backup battery, could mitigate the effects of future outages you might face.

What impacts the cost of solar panels in Flossmoor, IL?

Your Energy Needs - Investing in larger solar panel systems costs more upfront, but the price per watt is reduced as the system size grows. Most consumers find it useful to install a solar system that can produce enough electricity to offset the entirety of their electric bill. This approach makes the most sense for optimal savings.

Make & Model - Similar to many other products, there are different makes and models of solar panels and mounting equipment to choose from. Given the certain brand preferences an installer might have, picking a highly rated company is crucial. The choice of better materials can substantially better the long-term experience for buyers.

Solar Panel Type - Monocrystalline panels have emerged as the standard in the industry, and deservedly so. Although the cost is more, they yield more energy. Many installers use these panels.

Your Property - Each home and property is unique in its own way. Rough terrain, trees, or additional obstacles may complicate the installation. These days, solar installers frequently utilize satellite images to evaluate your home and include these elements into the preliminary cost estimate.

Labor Rates - Companies pay varying pay rates to their employees, which are then passed on to the prices consumers pay. Businesses typically garner higher reviews for their services and customer service when they pay higher wages.

Permitting & Interconnection - Your final installation cost will be influenced by local permitting and utility interconnection fees, which vary by area. Reputable local installers will integrate these numbers into your preliminary quotes to prevent any surprises.