Solar Panel Cost Illinois

On a cost per watt w basis a solar panel installation in illinois ranges in price from 2 63 to 3 55.

Solar panel cost illinois.

Solar panels in illinois cost about 15 700 with average prices for a solar panel system ranging from 13 345 to 18 055 in the us for 2020 according to energysage this is the estimated cost of installing a 6kw solar system before deducting solar tax credits. For now the cost of the solar electricity generated by a 7 5 kw solar system should be around 997 per year but the energy the panels generate will save you 1 179 per year. As of sep 2020 the average cost of solar panels in illinois is 2 57 per watt making a typical 6000 watt 6 kw solar system 11 397 after claiming the 26 federal solar tax credit now available. As of august 2020 the average cost of solar panels per watt in illinois is 3 08 watt a typical 6000 watt 6 kw solar system is 18 484 before the federal solar credit and 13 678 after claiming the federal solar tax credit.

As of september 2020 the average solar panel cost in illinois is 3 10 w given a solar panel system size of 5 kilowatts kw an average solar installation in illinois ranges in cost from 13 175 to 17 825 with the average gross price for solar in illinois coming in at 15 500 after accounting for the 26 federal investment tax credit itc and other state and local solar incentives the. What is the current average solar panel cost in illinois based on current offers. Solar panel cost data illinois 2020 updated. This is lower than the average price of residential solar power systems across the united states which is currently 2 60 per watt.

Illinois average cost of a solar panel installation ranges from 13 132 to 17 768.