Solar Panel in Illinois 2024: Cost, Companies & Tips

Energy bills can be horrendous but not when it comes to high-quality solar panels. With a top-notch solar panel, you will get completely renewable energy. You will also rest assured that these solar panels can deliver energy when it is cloudy, which is very important for a state, like Illinois.

Benefits of Solar Panels

There are tons of benefits when it comes to solar panels. In addition to reducing electrical bills, you can secure a rebate. Solar panels are also great for the environment since it’s renewable energy, instead of fossil fuels. Other benefits include low maintenance, property value increase, and energy independence.

When it comes to cleaner air, greenhouse gas emissions reduce tremendously. For instance, more than 250 tonnes in their lifespan are reduced with the installation of a 6.6W solar system. And with this 6.6kW solar power system, you can save up to $1,200 to $2,000 annually.

Local Solar System Installation Costs


The average cost of solar panels in Illinois is $3.24/W. The average cost range for a solar panel system that is 5 kilowatts (kW) is $13,120 to $17,980. The net price will also reduce by thousands of dollars after applying the 26% federal investment tax credit (FTC) and local and state solar incentives.

The costs are usually derived from solar shoppers who compare solar quotes to the EnergySage Marketplace.  So, shoppers can expect to see up to 20% lower than with a single solar company. That is when comparing quotes for solars on EnergySage Marketplace.

Average Cost of the Solar Panel by the Size of the System in Illinois

Please note that ‘the Net’ by system cost is after calculating the ITC.

System Size System Cost System Cost (the Net)
3 kW $9,120 $6,384
4 kW $12,160 $8,512
5 kW $15,200 $10,640
6 kW $18,240 $12,768
7 kW $21,280 $14,896
8 kW $24,320 $17,024
9 kW $27,360 $19,152
10 kW $30,400 $21,280

Incentives, Tax Credits & Rebates for Illinois Solar Panels

The following table is a breakdown of the incentives, tax credits, and rebates for Illinois Solar Panels:

Incentive Value
Federal Solar Investment Tax Credit (ITC) The ITC available is 30% for home solar systems that are installed by December 31, 2033.
Solar Renewable Energy Credits (SRECs) The solar system production compensated for each kilowatt-hour (kWh)
Solar Energy System Property Tax Incentive The added home value from the solar system on the roof will permit a property tax exemption.
Illinois Solar for All Programs The ability to obtain funding to install solar panels is available for qualified low-income households.
State Rebate


A 25% rebate to help Illinois business owners and residents to pay installation costs of solar energy products in their homes. The rebate is allocated until the budget is gone. It’s given on a first-come, first-serve basis. Also, homeowners may obtain a rebate for solar electric and solar thermal systems.

What to Look for When Installing Solar Panels in Illinois


Now, that you see the value, costs, tax credits, and incentives, it only makes sense that people will purchase a solar panel system. However, it is also important to know what to look for when installing solar panels in Illinois.

One main factor to consider is the climate. Chicago, for instance, is known as the ‘windy city’ for a reason. Also, the state of Illinois is in the straight middle of the midwest. Thus said, you need a solar panel system that can withstand storms, strong winds, cloudy days, and more.

Other things to consider when it comes to installing solar panels in this state include peak hours and the direction and angle of solar panels. Peak hours when the sun is the sunniest will greatly assist you when installing your solar system. Since the solar system uses the sun, you can see and feel how your solar system is installed and warming your home.

You will also need to get an inspection on your roof to ensure your roof can hold the solar panel’s weight. If your roof replacement is due within five or more years especially, it is crucial to get a roof inspection.

As previously mentioned, solar panels can add value to your home. Even if you are planning on moving eventually, getting a solar panel installation may still be a financially viable option for you.

It was also previously mentioned that solar panels are also good for the environment. These systems rely on the sun, instead of relying on nonrenewable resources that can’t be quickly replaced.  Also, nonrenewable resources, such as natural gas, coal, and petroleum, may run out and aren’t clean like the rays from the sun.

Solar energy is renewable energy. So, there is no need to worry that you may be robbing future generations by using a solar panel today.

With solar energy getting its activation from the sun, there will be no air pollution or greenhouse gases from it. And thus, you may significantly reduce local and global pollution, especially when joining the growing number of people going solar.

1. Sunrun


When it comes to obtaining top-notch solar energy in Illinois, Sunrun is a great option with flexible solar financing options. Sunrun even has 0-down options available as well.

Sunrun offers local, professional, high-quality installation. They will also give you a guarantee of a complete, no-hassle system. Sunrun also offers 24/7 system monitoring of your smartphone, tablet, and desktop.

  • 2309 S Mt. Prospect Rd, Des Plaines, IL 60018
  • Phone: (855) 478-6786


2. Kapital Electric, Inc.


Since 2009, Kapital Electric, Inc. has been installing solar panels. They offer financing, a free site evaluation, and EV charging stations.

Since they are a certified installer of the Illinois Commerce Commission, you can rest assured that you’ll be in great hands. They will ensure you will have prompt and dependable installation.

  • 1270 Mark St, Bensenville, IL 60106
  • Phone: 630-833-2389


3. Solar Energy of Illinois


Solar Energy of Illinois is another extraordinary solar energy company with amazingly flexible options in solar financing. They also provide a full array of solar energy solutions.

  • 4735 Locust Ave, Glenview IL 60025
  • 224-659-2961


4. Windfree Wind and Solar Energy Company


Established in 2009, the vision of this company’s team is sustainable energy sources for Illinois communities. Windfree has customized storage and solar panel solutions that include the Tesla Powerall. With this technology, you can power your company or home for up to seven days for a possible power outage. Also, this company has full performance guarantees and warranties for all this company’s products.

  • 5022 W Foster Ave, Chicago, IL 60630
  • Phone: (312) 588-6953

5. Power Home Solar


With this solar panel company, you’ll get the best value for your money. Located in Aurora, Illinois, this company provides comprehensive solutions for home energy. With the development of its energy-efficient solutions, there would be a maximation of your savings and boost the energy production of your solar panel.

  •  505 Tyler Rd Ste A, St Charles, IL 60174
  • (630) 934-1448

6. Safeguard Solar LLC


Also, located in Aurora, Illinois, this organization has over 15 years of experience in this field. With this company, you will gain outstanding customer relations and durable services.

Safeguard Solar provides meticulous installation services and high-quality materials to ensure your investment is durable and protected. Financing options are also available.

  • 2863 95th St Ste 143-219, Naperville, IL 60564
  • Phone: (331) 226-0866

7. Greenlink Energy Solutions


As the name implies, this company provides green solutions that change your house into a green home. This company specializes in restoration, insulation, indoor air quality, and efficiency.

Their renewable solar panel has the following abilities as well: Energy audits, installation services, attic restoration, heating cooling, and weatherization. This company also provides customer free energy assessments and more.

  • 3020 Forest View Rd, Rockford, IL 61109
  • (779) 210-6260

8. Ultra Energy Solar

The team at Ultra Energy Solar works hard in helping to produce a positive contribution to climate change. They provide customized solutions for a solar panel for more energy efficiency in your home.

This company is also dedicated to clean power. So, they provide comprehensive energy evaluations to assess the power usage of a client’s home. And with that, they will be innovative with innovative solar solutions.

  • 3510 Hobson Rd, Woodridge, IL 60517
  • Phone: (630) 541-8938

9. Iconic Energy


When it comes to Iconic Energy, they provide comprehensive solutions at more reasonable prices than others. This locally-owned company is also committed to helping the community change to sustainable, clean energy.

Some of this organization’s services include commercial solar, residential solar, and agricultural solar. This organization also provides 25-year solar panel warranties.

  •  4617 American Rd, Rockford, IL 61109
  • (815) 975-8303


You’ll get completely renewable energy with solar panels. With high-quality solar panels, energy bills will be much lower. You’ll also have renewable energy, low maintenance, property value increase, and energy independence. By contacting one of those proven solar panel companies mentioned, you will obtain one of the best solar panel systems.

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