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Chicago Solar Panels: 2022 Cost and Local Incentives

Edited by Jamie Cesanek

Last updated 07/27/2023

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Key Points

  • Installing solar panels in Chicago can help you save thousands of dollars in electricity bills.
  • The average price of a solar array in Illinois is $26,320 before using tax credits and incentives, providing an opportunity for further cost reduction.
  • Chicago residents can take advantage of local and federal solar incentives to reduce the upfront cost of solar installation.

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Solar power FAQs

  • It costs approximately $3.76 per watt for solar panels in Chicago. A solar system of 7 kW is the average size for installations in Illinois. This equates to an installation cost of $26,320 before any incentives. The 30% federal tax credit would allow you to recoup about $7,896, bringing the final cost down to $18,424.

  • Yes, solar power helps you save a considerable amount of money over the long term. In addition to the federal tax credit, you can also take advantage of state incentives. You can save up to 70% of the installation cost by accessing the federal and state tax credits for solar power installations.

  • Chicago receives an average of about 6.7 hours of sunlight per day. However, it can vary depending on the season and weather conditions. Solar panels can generate enough power during winter in Chicago, despite the colder temperatures and shorter daylight hours. While it’s true that solar panels produce the most electricity under direct sunlight, they can still generate power even on cloudy or overcast days. While the intensity of sunlight may be lower and the days shorter during the winter, solar panels can still capture sunlight and convert it into electricity.

  • You can choose from many great solar installers in the Chicago area on the SaveOnEnergy marketplace. The site allows you to search by ZIP code to see offers tailored to your local area. You can also select from specific services offered by solar installers, including battery installation.

  • Yes, you can still install solar panels on roofs that are not south-facing. While south-facing roofs receive the most sunlight, panels on east or west-facing roofs can still produce a significant amount of electricity and help you save money on your energy bills.

  • Solar power is a green energy source. It helps to reduce the amount of carbon dioxide emitted into the atmosphere. Lower CO2 levels can help prevent climate change and related environmental damage. Solar power can also reduce local pollution created by burning fossil fuels to produce energy. You can do your part in the renewable energy transition by going solar and reducing your home’s carbon footprint.

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