Solar Panels Cost $5.7k-$17k in Pontiac, IL | April, 2025

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

The typical monthly electric bill for Pontiac residents is $105.96, with a typical usage of 681 kWh. These numbers cover apartments and other smaller housing units, which tend to have reduced energy needs.

The average rate for electricity in Pontiac, IL during April, 2025 is 15.56¢ per kWh.

In Pontiac, a system size of 6 kW or larger is a must for the typical energy user to satisfy all of their power needs. Currently, a 6 kW solar panel system is priced at around $17,178 after incentives.

Are solar panels worth it in Illinois?

When you plan to live in your home beyond the payback period of your solar system, solar panels are an obvious choice in Pontiac. With a 5 kW solar system in Pontiac, IL, the average savings over a 20 period is $11,115.4, with break even generally occurring at 11 years.

The cost of not having solar panels in Pontiac, IL

The absence of solar panels or another backup power source results in missing out on the aforementioned savings and full dependence on your electric utility for power. Several recent examples in the news have shown that full reliance on your utility company is not always ideal.

Over the past few years, customers in Pontiac have experienced an average of 0.85 utility outages each year. On average, each outage lasts for 106.21 minutes. Major events like grid management errors, thunderstorms or planned maintenance can considerably extend these durations.

A solar energy system, whether it includes a backup battery or not, could help relieve the burden of future power outages you may encounter.

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

Your Energy Needs - The price per watt decreases with larger solar panel systems, even though the upfront cost is greater. Most homeowners see the advantage in installing a solar setup that can generate enough power to replace their entire electric bill, ensuring significant savings.

Make & Model - Solar panels and mounting equipment are offered in a wide variety of makes and models. The brand preferences of your chosen installer can make it essential to choose a reputable company. Selecting superior quality models generally provides a more favorable long-term experience for the buyer.

Solar Panel Type - It's clear why monocrystalline panels are now the go-to choice in the industry. Although they are costlier, they generate increased energy. Many installers use panels constructed of this material.

Your Property - Uneven land, trees, or other challenges can increase the complexity of the installation. Nowadays, satellite images allow many solar installers to assess your home and incorporate these elements into the first cost estimate.

Labor Rates - The wages that companies offer their employees are different, and these expenses are ultimately reflected in consumer prices. It is common for businesses that provide higher wages to receive better reviews for their services and customer service.

Permitting & Interconnection - The cost of installation will vary depending on local permitting and utility interconnection fees. Quality installers will factor these costs into your preliminary quotes to prevent unexpected expenses.