Solar Panels Cost 7.9k-18k in Iroquois County, IL | November, 2024

Solar Panels Cost $7.9k-$18k in Iroquois County, IL | November, 2024

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How much do solar panels cost in Iroquois County, IL in 2024?

Having solar panels in Iroquois County, IL is $3.78/W in the month of November, 2024.

In accordance with the cost, we are able to come to the conclusion that for every 1000 watts (1 kW) your solar system can produce, you will have to spend, on average, $3,780 for its installation. In Iroquois County, a 5 kW solar panel install will require you to pay, on average, $13,230 after the 30% federal income tax credit. A 5kW system may not be enough to fulfill your energy requirements.

To the left, you can choose your county to find the average roof size and the maximum capacity of solar panel systems for houses in your area. Below is a full breakdown of the 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.
Iroquois County: $13,230US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Iroquois County: 7 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Iroquois County: $19,536US Average: $16,169

Solar Potential in Iroquois County

Estimated system size and solar electricity production per median viable roof in
Iroquois County.

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

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

The typical energy consumer in Iroquois County has a monthly electric bill of 160.15 and uses 782 kWh on average. Flats and smaller homes with lower energy consumption are included in this statistic.

Iroquois County, IL's electricity rate is on average 20.48¢ per kWh in November 2024.

The price of a a 7 kW solar installation is approximately $26,460 before any incentives, but the federal tax credit provides a 30% credit, lowering your final cost to $18,522.

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Average solar panel costs by system size in Iroquois County

Shown below and to the left, you will see a detailed price breakdown for multiple solar panel system sizes installed in Iroquois County. The investment for a larger solar panel setup is greater, but it also offers more significant electricity savings and increased income tax credits.

Using the solar panel cost calculator positioned below and to the right, you can view a detailed cost and benefit analysis based on an average electric bill of $160.15 in Iroquois County. To get results more customized, modify the $160.15 to align with your typical electricity bill.

System Size 3kW
Roof Size Min. space required
215 ft²
Electricity Value Annual Production $888 a year
Est. Price
$7,938
Savings from a 3kWthis system
  • Est. yearly production 4,440 kWh
  • Est. monthly savings $74
  • Full payback in 4 years
Environmental Impacts
  • Reduces CO2 emissions by 0 tons a year
  • Equivalent to planting 0 trees a year
  • Equivalent to driving 0 mi less a year
System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $1,184 a year
Est. Price
$10,584
Savings from a 4kWthis system
  • Est. yearly production 5,920 kWh
  • Est. monthly savings $99
  • Full payback in 6 years
Environmental Impacts
  • Reduces CO2 emissions by 0 tons a year
  • Equivalent to planting 0 trees a year
  • Equivalent to driving 0 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,480 a year
Est. Price
$13,230
Savings from a 5kWthis system
  • Est. yearly production 7,400 kWh
  • Est. monthly savings $123
  • Full payback in 7 years
Environmental Impacts
  • Reduces CO2 emissions by 0 tons a year
  • Equivalent to planting 0 trees a year
  • Equivalent to driving 0 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,776 a year
Est. Price
$15,876
Savings from a 6kWthis system
  • Est. yearly production 8,880 kWh
  • Est. monthly savings $148
  • Full payback in 8 years
Environmental Impacts
  • Reduces CO2 emissions by 0 tons a year
  • Equivalent to planting 0 trees a year
  • Equivalent to driving 0 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $2,072 a year
Est. Price
$18,522
Savings from a 7kWthis system
  • Est. yearly production 10,360 kWh
  • Est. monthly savings $160
  • Full payback in 10 years
Environmental Impacts
  • Reduces CO2 emissions by 0 tons a year
  • Equivalent to planting 0 trees a year
  • Equivalent to driving 0 mi less a year

Iroquois County Solar Panel Installation Incentives & Rebates | 2024

The REAP Grant can potentially cover between 80% and 100% of the installation costs for photovoltaic or wind turbines for rural small businesses and farmlands. Curious if you are eligible? Our REAP Grant eligibility tool can help you verify.

Due to the 30% federal income tax credit, residential solar installations are affordable for most people, rendering solar power a practical investment throughout various states. In addition to the federal incentives, state and local programs also seek to boost solar energy uptake.

There are 10 solar incentive and rebate initiatives in Illinois, provided by different utilities and governmental organizations.

Solar incentives in IL

City of Chicago - Small Business Improvement Fund

Value:Up to $150,000

The Chicago government has established a Small Business Improvement Fund to support businesses making energy efficiency upgrades through grants. A private organization, SomerCor 504, handles the practical business of the fund. Projects eligible for grants include energy-efficient HVAC, roofing, windows, and insulation. Funding can cover three quarters of project costs. Applicants are subject to caps on net worth and number of employees. Businesses that rent their property may be subject to additional conditions. Additional information is available from the SomerCor website.

City of Chicago - Green Building Permit Programs

Value:Up to $25,000

Chicago offers specialized permitting processes for various environmentally-friendly projects or energy efficiency upgrades. Any home, business, or industrial facility may qualify to have their review period expedited and fees waived. Eligible installations and upgrades include solar PV/thermal systems, wind turbines, efficient roofing, rain reclamation, and geothermal systems; all must be LEED or Green Globes certified to qualify. Once a project is approved, the maximum turnaround time shortens to 30 days. Further, any fees up to $25,000 become waived. Additional information and early application forms are available from the Chicago website.

City of Chicago - Solar Express Permit Program

Value:Varies

Through a 2013 ordinance, Chicago homes and businesses may be eligible for a streamlined permitting process for rooftop solar PV installations. Depending on the system's size, applicants may receive a $100 discount on permit fees and a same-day approval with waived zoning evaluation. Interested property owners must hire a solar contractor certified by both ComEd and the City of Chicago. Participating contractors will follow new guidelines established by the ordinance when applying for the expedited process. Additional information is available through the Chicago municipal website.

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 Iroquois County, IL?

For those in Iroquois County looking to stay in their homes past the payback period of their solar system, solar panels make good sense. If you install a 5 kW solar system in Iroquois County, IL, you might save $25,206 over 20 years on average, with a break even point at roughly 7 years.

The cost of not having solar panels in Iroquois County, IL

Without solar panels or another energy backup source, you miss out on the savings highlighted earlier and are entirely dependent on your electric utility for power. Complete reliance on your utility provider is not always ideal, as recent examples in the news have shown.

On average, customers in Iroquois County have experienced 0.75 utility outages per year in recent times. Each outage lasts an average of 83.31 minutes. In the case of major events such as hurricanes, wildlife damage, or grid management errors, this period can increase substantially.

View the component below to see the number of current electricity customers without power in Iroquois County.

A solar panel system with (or without) a backup battery could relieve the stress of future outages you experience.

Power Outages

Currently, 0 customers are being tracked in Iroquois County.

Learn more

Customers Out:

0

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What impacts the cost of solar panels in Iroquois County, IL?

Your Energy Needs - The cost per watt decreases with larger solar panel systems, even if the upfront cost is larger. For most homeowners, installing a system that can make enough power to fully offset their entire electric bill is advantageous, providing significant savings.

Make & Model - There are a variety of makes and models of solar panels. Your installer’s potential brand preferences make it essential to choose a recommended company. The selection of better makes and models can substantially improve the long-term experience for buyers.

Solar Panel Type - It's clear why monocrystalline panels are now the preferred option in the industry. They are pricier but generate more energy. Many professionals in solar installation use panels made from this material.

Your Property - Each home and property is unique in its own way. Trees, uneven land, or additional hurdles may complicate the installation. Most solar installers today are able to utilize satellite imagery to assess your home and factor in these elements in the initial cost estimate.

Labor Rates - The pay that various companies offer their employees differ, and these costs are borne by the consumers. Businesses frequently get higher reviews for their work and customer service when they pay better wages.

Permitting & Interconnection - The local permitting and utility interconnection fees, which vary by region, will affect your final installation price. Quality local installers will include these figures in your first estimates to guarantee transparency.

See what solar panels cost in other Iroquois County cities

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    Who are the best solar installers in Iroquois County?

    Freedom Forever

    Temecula, CA(800) 685-1850

    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.

    Solar SME

    Duncanville, TX(832) 626-2337

    Services

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

    YellowLite

    Cleveland, OH(216) 333-1364

    Services

    • Installation of solar arrays.
    • Reparation 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.

    Academy Energy Group

    Newburgh, IN(812) 518-2150

    Services

    • Installation of solar arrays.
    • Reparation of solar arrays.
    • Auditing of energy requirements for independent energy generation.
    • Monitoring of independent energy generation.
    • 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

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

    SunPro Solar

    Mandeville, LA(866) 599-3643

    Services

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

    Power Home Solar

    Mooresville, NC(704) 870-3670

    Services

    • Installation of solar arrays.
    • Reparation 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.

    RISE Power

    Richardson, TX(855) 747-3769

    Services

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

    Dividend Finance

    Cincinnati, OH(415) 805-7000

    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.

    Eagle Point Solar

    Dubuque, IA(563) 582-4044

    Services

    • Installation of solar arrays.
    • Reparation 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.

    Palmetto Solar

    Charleston, SC(855) 339-1831

    Services

    • Installation of solar arrays.
    • Reparation 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.

    SunPower Corporation

    San Jose, CA(800) 786-7693

    Services

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

    Silver Sun Solar

    Deltona, FL(407) 832-42452

    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.

    Continental Energy Solutions

    Oak Brook, IL(630) 637-2150

    Services

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

    Tick Tock Energy

    Effingham, IL(217) 994-9020

    Services

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

    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

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

    Sunnova Energy

    Houston, TX(866) 786-6682

    Services

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

    Sunrun

    San Francisco, CA(833) 394-3384

    Services

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

    GRNE Solar

    Palatine, IL(312) 859-3417

    Services

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

    Sigora Solar

    Charlottesville, VA(434) 465-6192

    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.

    Entegrity

    Little Rock, AR(800) 700-1414

    Services

    • Installation of solar arrays.
    • Reparation of solar arrays.
    • Installation of batteries for energy storage.
    • Auditing of energy requirements for independent energy generation.
    • Monitoring of independent energy generation.
    • Expertise in consulting on advantageous financing for solar.
    • Consulting on all things solar related.

    Ideal Energy

    Fairfield, IA(800) 634-4454

    Services

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

    Soltage

    Jersey City, NJ(201) 432-1786

    Services

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

    Engie North America

    Houston, TX(713) 636-1900

    Services

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

    City Electric Supply

    Dallas, TX(866) 634-9853

    Services

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

    LightEdison

    Denver, CO(888) 966-6377

    Services

    • Installation of solar arrays.
    • Reparation of solar arrays.
    • Installation of batteries for energy storage.
    • Reparation of batteries.
    • Auditing of energy requirements for independent energy generation.
    • 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.

    PowerHome Solar

    Mooresville, NC(704) 870-3670

    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.

    Empire Solar Group

    Salt Lake City, UT(800) 467-4562

    Services

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

    Badass Energy

    Claremont, CA(909) 320-9860

    Services

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

    Iroquois County, IL Solar Panel Cost FAQs

    • As of November, 2024, the average per-watt cost for solar panels in Iroquois County, IL is $3.78/W. For a 5 kW solar panel system, the total cost in Iroquois County, IL after federal tax credits is around $13,230.
    • As of now, there are 10 rebates and incentives offered by various utilities and government entities in Illinois. In addition, the 30% federal income tax credit is available to almost everyone.
    • Even though paying cash offers the most savings, there are now multiple financing options for solar panels that also make financial sense. Installers will often provide details on financing partners in the quotes they provide initially.
    • Yes, the average 5 kW solar panel payback time in Iroquois County, IL is 7 years, with expected savings of $25,206 on electricity over 20 years.
    Alex Zdanov
    Last Reviewed By: Alex Zdanov
    Published: 2024-11-05