Installation of solar panels offers many benefits. Over time, you can significantly lower your energy bills and become independent of energy grids. Using the sun’s power reduces your carbon footprint, making Earth a better place for you and your children to live.
As with any long-term investment, there’s an upfront cost, and this is the biggest, if not the only, drawback of going green.
Solar installation in Rockford, IL, involves several key steps to ensure you’re making the most of your investment:
The main factor impacting the price of a solar panel system in Rockford is its size, which is directly connected to its power output capacity. The average price per watt in Illinois is $3.13. At this cost, the price for a 7.5kW system capable of supplying the average U.S. household is $23,475. After applying Rockford solar incentives, such as federal tax credit, the cost of an upfront purchase is $16,432.
Average Solar Panel Cost in Rockford, IL
System Size (kW) | Price Before Tax Credit ($) | Price With Tax Credit ($) |
5.0 | 15,650 | 12,390 |
7.5 | 23,475 | 18,585 |
10.0 | 35,400 | 24,780 |
12 | 42,480 | 31,860 |
Seeking the best solar panel cost in Rockford, IL? Get your solar quote right away!
Given the abundance of solar companies in Illinois and Rockford, in particular, the choice may not seem simple. We selected the top three solar energy companies in Rockford based on their services, ratings, and pricing.
Company | Area of operation | Description |
Greenlink Energy Solutions | IL, WI | One of the most experienced solar installers in Rockford offers a complete spectrum of solar services, from financing to roofing. Look out for the company’s discounts, such as early payment, military, and referral discounts, that may lower your system’s price. |
Iconic Energy | IL, WI | Rockford-based solar company offering free consultations to help you make informed decisions and a 10%-discount on all cash or cheque payments. |
TruHome Solar | IL, WI, MI, FL | A trusted and popular solar installer offering a full suite of solar services and different types of solar panels and batteries. They also have various payment discounts and pricing packages to suit different budgets and preferences. |
The desired amount of solar energy your solar system should accumulate per hour directly impacts its size and, consequently, its price. When evaluating different offers from solar installers in Rockford, consider several factors. Some affect the system’s efficiency, while others address your specific requirements or home peculiarities.
Deciding whether solar energy systems are worth it in Rockford, IL, or any other location involves evaluating one important factor: the time it takes to return an investment. This factor, in turn, requires answering several questions, including the system’s initial cost, electricity rates, Rockford solar incentives, and the amount of energy the system generates. Finally, a close examination of the data from past decades reveals that energy consumption is not declining, thereby underscoring the importance of investment in alternative energy sources.
Given that in Illinois, the price per kWh of energy for the residential sector is 12.56¢, and the average U.S. household consumes 10,400 kWh, the average annual energy bill is $1,306. In Rockford, residents are eligible for a 30% federal tax credit, so the average cost for a 7,5 kW system, capable of generating 10,400 kWh annually, is $16,432. When we divide this investment cost by the annual energy bill, we get roughly 12.6, meaning it takes a little over 12 and a half years to achieve a return on investment and start making a profit.
Consider that Illinois typically has mild weather and many days with intensive sunlight, while the midwest states, on average, consume the largest amount of electricity per household. These factors make Rockford a highly favorable location for solar energy investment.
Large companies undeniably have some advantages over small, local competitors offering solar panels in Rockford. For example, they often have access to the latest solar technologies, can afford expensive, high-quality equipment, and offer a wider range of products. They often have more customer reviews and are more likely to appear on Google search pages. However, the last point doesn’t necessarily mean they offer better services, just increased marketing opportunities.
Additionally, consider that offering services in many U.S. states may require solar companies in Rockford to hire subcontractors, which usually negatively affects the quality of services while increasing the company’s prices.
On the other hand, solar panel installers in Rockford, focusing mainly on local customers, aim to build a positive reputation and grow locally. For them, word-of-mouth marketing may be crucial for success, so they’ll focus on delivering excellent services and a personal approach to each project. Finally, solar energy companies in Rockford may offer lower prices and have a better knowledge of local regulations, streamlining the installation process.
Looking for an affordable solar panel system in Rockford? Get your solar quote now!