How Much Does A Solar Panel Cost In Illinois
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September 10 2020 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.
How much does a solar panel cost in illinois. Solar panel cost data 2020 updated. What is the current average solar panel cost in illinois based on current offers. Another calculation that potential solar buyers have to consider is the solar payback period. Illinois average cost of a solar panel installation ranges from 13 132 to 17 768.
As of august 2020 the average cost of solar panels per watt in illinois is 3 08 watt. As of september 2020 the average solar panel cost in illinois is 3 10 w. September 12 2020 the average cost of installed residential solar power systems is currently 2 60 per watt. A typical 6kw system costs 11 544 after claiming the 26 solar tax credit.
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. According to energy sage the cost per watt of solar panel installation in chicago averages around 3 20 watt. 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.
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