Solar Panels Cost 5.5k-16k in Harwood Heights, IL | November, 2024

Solar Panels Cost $5.5k-$16k in Harwood Heights, IL | November, 2024

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

It costs about $3.94/W to go solar in November, 2024 in Harwood Heights, IL.

For every 1000 watts (1 kW) your solar system can produce, you will need to invest, on average, $3,940 to have it installed. In Harwood Heights, the cost of a 5 kW panel install is typically $13,790, after a 30% federal tax credit. In accordance with your energy consumption, your home might need a larger system.

Select your county from the menu on the left to view the average roof size and maximum residential solar capacity for homes in your area. Below, you can see a full breakdown of the price, 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.
Harwood Heights: $13,790US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Harwood Heights: 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.
Harwood Heights: $12,638US Average: $16,169

Solar Potential in Harwood Heights

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

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

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

The average monthly electric bill for a Harwood Heights energy consumer is $134.74, based on an typical usage of 641 kWh. Keep in mind, this statistic includes smaller residential units such as apartments, which generally have reduced energy consumption.

As of November 2024, the mean rate for electricity per kWh in Harwood Heights, IL is 21.03¢.

Average electricity users in Harwood Heights will require a solar power system of 6 kW or higher to take care of all of their electricity requirements. The initial cost for a 6 kW setup amounts to $23,640, but with a 30% tax credit, your cost is reduced to $16,548.

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Average solar panel costs by system size in Harwood Heights

On the left side below, you can find a detailed cost breakdown for different solar panel system sizes installed in Harwood Heights. A bigger solar array will obviously cost more, but it will also offer more significant electricity savings and more substantial income tax credits.

The solar panel cost calculator down and to the right details costs and benefits, based on an average $134.74 electric bill in Harwood Heights If you want tailored results, modify the $134.74 to your average electricity bill amount.

System Size 2kW
Roof Size Min. space required
143 ft²
Electricity Value Annual Production $622 a year
Est. Price
$5,516
Savings from a 2kWthis system
  • Est. yearly production 2,960 kWh
  • Est. monthly savings $52
  • Full payback in 3 years
Environmental Impacts
  • Reduces CO2 emissions by 0.89 tons a year
  • Equivalent to planting 41 trees a year
  • Equivalent to driving 2,206 mi less a year
System Size 3kW
Roof Size Min. space required
215 ft²
Electricity Value Annual Production $932 a year
Est. Price
$8,274
Savings from a 3kWthis system
  • Est. yearly production 4,440 kWh
  • Est. monthly savings $78
  • Full payback in 5 years
Environmental Impacts
  • Reduces CO2 emissions by 1.34 tons a year
  • Equivalent to planting 61 trees a year
  • Equivalent to driving 3,309 mi less a year
System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $1,243 a year
Est. Price
$11,032
Savings from a 4kWthis system
  • Est. yearly production 5,920 kWh
  • Est. monthly savings $104
  • Full payback in 7 years
Environmental Impacts
  • Reduces CO2 emissions by 1.78 tons a year
  • Equivalent to planting 82 trees a year
  • Equivalent to driving 4,412 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,554 a year
Est. Price
$13,790
Savings from a 5kWthis system
  • Est. yearly production 7,400 kWh
  • Est. monthly savings $129
  • Full payback in 9 years
Environmental Impacts
  • Reduces CO2 emissions by 2.23 tons a year
  • Equivalent to planting 102 trees a year
  • Equivalent to driving 5,515 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,865 a year
Est. Price
$16,548
Savings from a 6kWthis system
  • Est. yearly production 8,880 kWh
  • Est. monthly savings $135
  • Full payback in 10 years
Environmental Impacts
  • Reduces CO2 emissions by 2.32 tons a year
  • Equivalent to planting 107 trees a year
  • Equivalent to driving 5,749 mi less a year

Harwood Heights Solar Panel Installation Incentives & Rebates | 2024

The REAP Grant can potentially cover between 80% and 100% of the installation costs for solar energy or wind turbines for rural small businesses and agricultural businesses. If you feel you might be eligible, try our REAP Grant eligibility tool to confirm your qualification.

Homeowners can benefit from a 30% federal income tax credit for installing residential solar panels, making solar power a feasible option in much of the country. A number of state and local programs are set up to enhance the adoption of solar energy.

There are 7 solar incentive and rebate programs in Illinois, provided by different utilities and governmental agencies.

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?

For those expecting to remain in their homes after the solar system's payback period, adding solar panels is a clear choice in Harwood Heights. Over a 20 year period, a 5 kW solar system in Harwood Heights, IL could save you approximately $18,547.6, with the average break even time being 9 years.

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

In addition to missing out on the savings mentioned previously, not installing solar panels or another form of backup power leaves you completely dependent on your electric utility. Full reliance on your utility isn't always the best scenario as the news has recently highlighted.

Each year, the average number of outages per customer in Harwood Heights is about 0.54. Outages typically last for an average of 44.56 minutes. Major occurrences like thunderstorms, planned maintenance, or aging infrastructure can lead to a significant rise in these time frames.

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

Power Outages

Currently, 0 customers are being tracked in Cook County.

Learn more

Customers Out:

0

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

Your Energy Needs - Even though larger solar panel systems are more expensive initially, the average price per watt reduces as the system size increases. Consumers often find that setting up a solar system to fully cover their electric bill is a smart choice, leading to the most savings.

Make & Model - There are a variety of makes and models of solar panels. The contractor’s preference for brand makes it essential to select a recommended installer. Better makes and models typically provide an enhanced long-term experience for the buyer.

Solar Panel Type - There's a good reason why monocrystalline panels are now considered the industry standard. They have a higher price, but they produce more energy. Many solar panel installers prefer this type of material.

Your Property - No two properties or homes are identical. Rough terrain, trees, or additional considerations can increase the difficulty of the installation. Solar installers today frequently utilize satellite imagery to evaluate your home and factor in these factors into the preliminary cost estimate.

Labor Rates - Various wages are offered to employees by various companies, and these costs are transferred to the consumers. Higher wages often lead to businesses getting better reviews for their services and customer service.

Permitting & Interconnection - Local permitting and utility level interconnection fees differ by area and will affect your final install price. That said, reputable local installers will be able to incorporate these numbers into your initial quotes so there are no surprises.

See what solar panels cost in other IL cities

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Who are the best solar installers in Harwood Heights?

Freedom Forever

Temecula, CA(800) 685-1850

Services

  • Installation of solar arrays.
  • 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.

Solar SME

Duncanville, TX(832) 626-2337

Services

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

YellowLite

Cleveland, OH(216) 333-1364

Services

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

Academy Energy Group

Newburgh, IN(812) 518-2150

Services

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

SunVest Solar

Pewaukee, WI(262) 547-1200

Services

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

Core Development Group

(201) 825-2195

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.
  • Consulting on all things solar related.

Plug PV

Troy, NY(518) 948-5316

Services

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

SunPro Solar

Mandeville, LA(866) 599-3643

Services

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

Power Home Solar

Mooresville, NC(704) 870-3670

Services

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

RISE Power

Richardson, TX(855) 747-3769

Services

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

Dividend Finance

Cincinnati, OH(415) 805-7000

Services

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

Eagle Point Solar

Dubuque, IA(563) 582-4044

Services

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

Palmetto Solar

Charleston, SC(855) 339-1831

Services

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

SunPower Corporation

San Jose, CA(800) 786-7693

Services

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

Silver Sun Solar

Deltona, FL(407) 832-42452

Services

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

Continental Energy Solutions

Oak Brook, IL(630) 637-2150

Services

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

Tick Tock Energy

Effingham, IL(217) 994-9020

Services

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

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

Sunnova Energy

Houston, TX(866) 786-6682

Services

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

Sunrun

San Francisco, CA(833) 394-3384

Services

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

GRNE Solar

Palatine, IL(312) 859-3417

Services

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

Sigora Solar

Charlottesville, VA(434) 465-6192

Services

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

Entegrity

Little Rock, AR(800) 700-1414

Services

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

Ideal Energy

Fairfield, IA(800) 634-4454

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.
  • Reparation 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 solar arrays.
  • Installation of batteries for energy storage.

City Electric Supply

Dallas, TX(866) 634-9853

Services

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

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

Empire Solar Group

Salt Lake City, UT(800) 467-4562

Services

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

Badass Energy

Claremont, CA(909) 320-9860

Services

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

Harwood Heights, IL Solar Panel Cost FAQs

  • As of November, 2024, the average per-watt cost for solar panels in Harwood Heights, IL is $3.94/W. In Harwood Heights, IL, the cost of installing a 5 kW solar panel system is approximately $13,790 after applying the federal tax credit.
  • At present, there are 7 rebates and incentives available to Illinois residents from various utility and government programs. Moreover, nearly everyone is eligible for the 30% federal income tax credit.
  • Choosing to pay cash offers the most savings, but today there are numerous financing options for solar panels that are also financially advantageous. Your preliminary quotes will usually contain financing options available through installers.
  • Yes, in Harwood Heights, IL, the average payback period for 5 kW solar panels is 9 years, resulting in average electricity savings of $18,547.6 over 20 years.
Matt Hope
Last Reviewed By: Matt Hope
Published: 2024-11-01