Categories: Locations

Your Guide to Solar Panel Cost in Schaumburg, IL

Illinois is known as a state with long summer days but short winter sunny hours. Thus, many homeowners are interested in solar panel installation in Schaumburg, IL. We are here to help you choose the best option for your situation, whether you are looking for a residential or commercial system, with or without batteries.

Today, you’ll find out about solar panel installers in Schaumburg, the average price, and available incentives.

How We Determine the Best Solar Companies In Schaumburg, IL

Schaumburg has enough sunny days to make solar electricity production profitable. That’s why many local homeowners look for solar installers in Schaumburg. While there are dozens of companies offering installation services, we recommend you evaluate them carefully using the following tips:

  • Experience and reviews: Choose companies with many reviews about their work. Look for a solar company in Schaumburg with at least 3-5 years of experience. That’s how you can be sure that you collaborate with professionals.
  • Warranties: Ensure selected installers provide a craftsmanship warranty for at least 4-6 years. If your panel gets damaged due to installation errors, the team must fix it for free.
  • Customization: Look for solar installers in Schaumburg that can modify the system to your needs to ensure maximum efficiency.
  • Competitive pricing: Ensure the company offers fair prices in line with market rates. Some may have seasonal offers and package discounts during low demand (usually from late October to March).
  • Comprehensive service: Pick solar energy companies in Schaumburg that can handle the installation process, from permits and roofing needs to maintenance.
  • Long-term insurance and warranties: A fine solar panel has at least a 15-year warranty. Look for companies that install only high-quality systems.

Solar accounted for 15.9% of electricity generated by renewable sources in 2022, up from 13.5% in 2021. These numbers just continue to grow. Solar energy is becoming more and more affordable, so it’s high time to explore the market.

Source:  U.S. Energy Efficiency Administration

 

What Are Costs For Solar Panels Purchase And Installation in Schaumburg, IL?

Сurrently, the approximate cost of solar panels in Schaumburg is $3.15 per watt, including installation expenses. So, if you want to install an average 6 kW system, be prepared to spend almost $19,000 before incentives. However, ITC (Federal Solar Tax Credit) provides a 30% tax credit, so you can lower your taxes by $5,700 for a 6 kW system. You will still need to make an initial payment of $19,000. However, solar systems will be cheaper in the long run than you expected.

Also, don’t forget additional government stimuli like Illinois Shines. They also make this purchase even more profitable by providing power bill credits covering your night grid usage.

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What Are the Best Solar Companies In Schaumburg, IL?

The next step is to evaluate solar businesses available in town. We want to save you time, that’s why we’ve gathered a short list of 3 best installers in the area:

Company Operation Area Description
RxSun Nationwide Installers with Illinois background finished over 2700 commercial, industrial, and municipal energy efficiency projects in 48 states. This company was founded in 2012, so its experts have 10+ years of experience.
Centrasun IL, WI Certasun has installed over 2,000 solar systems in the Chicago and Milwaukee areas, proving their vast experience in this field. This solar company in Schaumburg performs solar installations on a turnkey basis, from initial design to maintenance during usage.
Blue Raven Solar IL, CO, FL, ID, IN, KS, KY, MI, MN, MO, NV, NC, OH, OR, SC, UT, VA, WA, WI One of the leading nationwide installers with over 3,200 team members nationwide. They also have a referral program that allows you to earn money by referring friends, family, and colleagues.

Once you find Schaumburg, IL, solar power companies, there’s a little left to do: choose the panels and batteries to install. Reliable installers will gladly help you with it.

What Affects The Cost of Solar Panels In Schaumburg, IL?

The solar panel price in Schaumburg depends on the panel type, solar battery presence, manufacturer, and condition of your roof. The average 7 kWh solar system cost approximately $18,000. However, if you decide to get highly-efficient monocrystalline panels or systems from premium manufacturers, it can cost even more.

Don’t forget about batteries, as they also affect solar panel costs in Schaumburg. The cheapest options may start from $1,000, but they will store less than 1 kWh, which won’t be enough to power the house. The average 6 kWh battery system costs around $7,000.

The last factor in solar installation in Schaumburg, IL, is the condition of your roof. Solar panels mount permanently onto your roof for 25-30 years, so it needs to be in perfect condition. If your roof needs repair, it may also add a few grand to the final price.

Are Solar Panels Worth It in Schaumburg, IL?

Switching to renewable energy, especially solar, is advantageous for all Illinois cities. According to Forbes’s 6-factor evaluation of the best states for solar energy, Illinois ranked 19th, which is promising considering its northern location. So, solar installation in Schaumburg will be a beneficial process both for residential and commercial entities:

  • Schaumburg gets 190 sunny days, close to the nationwide average of 206 days. During long summer days, the town receives vast amounts of sunlight that can be easily converted into electricity.
  • There are many Schaumburg solar incentives that can make this purchase even more affordable. Federal solar tax credit allows you to get 30% of the system’s price in tax credits, while Illinois Shines and other rebates make this purchase more appealing in the long run.

On average, you’ll need to wait 4-7 years before your panels finally pay off. But once this time passes, the solar panel system in Schaumburg will start to bring you only profits. Considering that the lifespan of a solar system is 20-25 years, it’s a fast payback period.

Solar in Schaumburg: Local vs. National Solar Installers

It’s quite natural to choose local solar companies in Schaumburg, as they are aware of all local specifics and can personalize your whole solar experience. However, bear in mind that solar companies operating nationwide typically have more experience dealing with installation in various weather conditions and collaborating with multiple suppliers. But the final decision is yours to make.

Eliminate the guesswork – get your personalized free solar quote and find the best solar installers in Schaumburg, IL!

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