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Best 5 Solar Companies in Elgin, IL

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Written By Max Peterson|Last Updated: February 05, 2024

Elgin residents are purposeful about conserving resources and embracing sustainability. That includes embracing alternative energy sources like solar. Local homeowners might consider solar to break free of high power costs from sources like nuclear. A professional solar company can help you set up and tune a system that matches your energy needs without being too expensive. Discover Elgin's top-rated solar companies and learn essential decision-making strategies on this page.

Best High-Efficiency System
4.8
  • Builds custom, high-efficiency solar systems suited to each home
  • Extensive coverage area throughout the country
  • Offers energy storage and EV charger add-ons
Most Reputable
4.4
  • Offers high-efficiency panels and storage options
  • Provides unique in-house financing options
  • Recognized as one of the most reputable solar companies
Best Solar Panel Leasing
4.4
  • Provides system monitoring
  • Offers diverse financing options for various budgets
  • Provides EV and solar battery solutions

Top Elgin Solar Companies

Phoenix Exteriors Roofing & Solar Logo

Phoenix Exteriors Roofing & Solar

4.5/5
Based on 160 customer reviews.

Services Offered

Panel InstallationSkilled RepairsFinancing Assistance

Highlights

  • Free quotes
  • Reliable customer support
  • Clear pricing policy
1066 National Pkwy, Schaumburg, IL 630-998-8140 phoenixexteriors.com
Nelnet Renewable Energy Logo

Nelnet Renewable Energy

4.5/5
Based on 140 customer reviews.

Services Offered

Battery StoragePanel InstallationFinancing AssistanceConsultationCleaning And Maintenance

Highlights

  • Free quotes
  • Reliable customer support
  • Clear pricing policy
230 N Hicks Pl, Palatine, IL 888-202-5630 nelnetenergy.com
TruHome Pros Solar Logo

TruHome Pros Solar

4.2/5
Based on 19 customer reviews.

Services Offered

Financing AssistanceGrid-Tied Solar SystemPanel InstallationConsultationSkilled RepairsBattery Storage

Highlights

  • Reliable customer support
  • Free quotes
  • Clear pricing policy
1701 Woodfield Rd # 950, Schaumburg, IL 847-665-3376 truhome-pros.com
Kapital Electric, Inc. Logo

Kapital Electric

5/5
Based on 464 customer reviews.

Services Offered

ConsultationTesla PowerwallPanel InstallationBattery StorageCleaning And MaintenancePermit Assistance

Highlights

  • Clear pricing policy
  • Free quotes
  • Informative resources
1270 Mark St, Bensenville, IL 630-833-2389 kapitalelectric.com

More Local Solar Companies

Safeguard Solar LLC

User Reviews: 4.7/5 

2819 Village Green Dr
Aurora, IL 60504

Reficiency Solar

User Reviews: 4.6/5 

4513 Lincoln Ave # 110
Lisle, IL 60532

Greentech Renewables North Chicago

User Reviews: 4.7/5 

1305 Busch Pkwy
Buffalo Grove, IL 60089

Certasun

User Reviews: 4.6/5 

1582 Barclay Blvd
Buffalo Grove, IL 60089

Illinois Solar Express, LLC

User Reviews: 4.7/5 

1 Mid America Plaza 3rd Floor
Oakbrook Terrace, IL 60181

Smart Sky Solar

User Reviews: 4.6/5 

250 Parkway Dr Ste 150
Lincolnshire, IL 60069

JD Pro Electric Inc

User Reviews: 4.7/5 

9230 Grand Ave
Franklin Park, IL 60131

Unity Solar Group

User Reviews: 4.1/5 

1111 W 22nd St ste 240b
Oak Brook, IL 60523

93Energy Solar

User Reviews: 4.6/5 

4517 Oakton St
Skokie, IL 60076

To share feedback or ask a question about this article, send a note to our Reviews Team at reviewsteam@thisoldhousereviews.com.

Ranking Methodology

Our team has screened dozens of solar providers near Elgin, keeping in mind the following criteria:

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Facts about Elgin
Average Max Temp:57°F
Solar Payback Period:13.8 years
Average Daily Sunlight:52%
Homes Powered by Solar:242
Average Annual Energy Bill:$1,156
Solar Power per Capita Percentile:48.0%

Expert Tips By

This Old House empowers homeowners with the knowledge and tools they need to tackle various projects and navigate the complexities of homeownership.

Benefits of Solar Energy

Solar energy offers multiple advantages that will enhance your home for years to come.

  • Reduced carbon footprint: Embracing solar is a surefire way to decrease your carbon footprint and home fossil fuel dependency.
  • Better energy independence: Solar energy can keep your home powered through emergencies and blackouts. You can use your solar energy anytime with optional battery storage.
  • Smaller power bills: Producing some or all of your own energy will save you money on your electric bills long-term.

What Solar Incentives Are Available to Elgin Homeowners?

Illinois homeowners who upgrade to solar could qualify for special financing, reimbursements, rebates and tax credits. Here are just a few of the local incentive programs.

Incentive Type: Property Tax Incentive

Incentive Amount:

Varies

Incentive Type: Rebate Program

Website: comed.com

Incentive Amount:

Appliances
Air Purifier: $50
Clothes Washer: $50
Dehumidifier: $50
Electric Clothes Dryer: $50
Freezer: $50
Refrigerator: $50
Room Air Conditioner: $25

Refrigerator/Freezer Recycling: Free pickup and $50, plus an additional $10 if recycling a room A/C at the same time
Heating & Cooling
Air Source Heat Pump: $400 - $600
Central A/C: $300 - $600
Ductless Mini-Split Heat Pump: $400
Geothermal Heat Pump: Up to $6,000/home
Furnace Blower Motor (ECM): $50 - $100
Miscellaneous
Advanced Power Strip: $10
Air Sealing: Up to $400/home
Attic Insulation: Up to $300/home
Duct Sealing: Up to $500/home
Lighting: In-store discounts, varies
Pool Pump: $275
Smart Thermostat: $100
Wall Insulation: Up to $400/home

Incentive Type: Solar Renewable Energy Credit Program

Website: icc.illinois.gov

Incentive Amount:

Negotiated with procurement administrators

Incentive Type: Personal Tax Credit

Website: ecowatch.com

Incentive Amount:

30% federal tax credit for systems placed in service after 12/31/2021 and before 01/01/2033. Good for: solar water heat, solar photovoltaics, biomass, geothermal heat pumps, wind (small), fuel cells using renewable fuels.

How To Choose the Best Solar Company in Elgin

The more thorough your company investigation is, the better your solar installation will ultimately work. Consider each of these criteria in your company search.

Licensing and Training

In Illinois, the state Commerce Commission licenses distributed generation energy contractors, including home solar installers. You should also visit a company's website to learn about its private certifications. Two of the most recognized are the Solar Heating Installer and PV Installation Professional certificates, backed by the North American Board of Certified Energy Practitioners (NABCEP). Some companies don't publish this information online, so you should also ask your estimator about them.

Cost of Solar Panels in Elgin

Your solar modules' model will impact how much electricity you can produce. Monocrystalline panels cost the most but perform the best. Polycrystalline panels offer you a budget panel with a traditional design, but at the cost of less power generation. Thin-film panels have a low cost and are excellent for non-traditional roofs, but aren't recommended for large home installations.

Additional components, such as battery storage and electric vehicle (EV) chargers, will add to your overall costs. However, they might make your solar system more efficient and convenient to use. Not every solar company provides these optional components, so look for a contractor that sells them if it's important for you.

If you're a resident of Elgin and are considering getting a five-kilowatt solar energy system, you could plan to spend about $18,800 for parts and installation. See more information on specific component and panel costs in the table.

Solar Panel CostAverage Cost
Solar Monocrystalline$1,191
Solar Polycrystalline$929
Thin-Film$543
Solar Battery$762
Solar Home EV Charger$2,858

Financing Solar Energy in Elgin

Solar installers offer multiple different financing options to lower your costs and increase your savings. Though some providers offer unique payment plans, the most common are power purchase agreements (PPAs), solar loans, solar leases and cash payments. Though it requires a large up-front payment, cash is the most affordable choice because it qualifies you for solar incentives and doesn't accrue interest. Solar loans are the second most effective option. As with a home or auto loan, you'll pay a monthly rate towards system ownership, including interest. You can still apply for cost-saving solar incentives, and depending on your lender, you could put as little as $0 down. Solar leases involve paying a set monthly rate to use rooftop panels. A PPA (Power Purchase Agreement) enables you to pay a monthly rate based only on the energy you use, like an electric bill. We generally don’t recommend these two options because you won't own the system and are disqualified from using solar incentives. Look for companies that offer two or more payment plans to find the right fit for your wallet.

The table below lists the average payback periods for different capacities of solar systems in Elgin.

A 26% federal tax credit applies to recently-purchased solar equipment purchased through 2032. Extra incentives may be available through city and state governments, usually in the form of rebates and special financing programs.

Solar System CapacityEstimated Payback period
1 kW2.8 years
2 kW5.5 years
5 kW13.8 years
10 kW27.6 years

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Frequently Asked Questions About Solar in Elgin

How much money could I save by going solar in Elgin?

On average, Elgin homeowners spend approximately $1,156 per year on electric bills. Once you repay your solar array, you could reduce your costs by $720.75 per kilowatt you produce.

Is solar energy common in Elgin?

Yes, solar energy is readily available in Elgin. A growing number of local homes generate or access solar power on-site or through utility grids, and Illinois has about 5513 jobs forming its solar economy.

Will a solar PV system improve my Elgin home value?

Yes, new solar systems lead to higher property values according to the National Renewable Energy Laboratory (NREL.) Homeowners could project a $20 property value increase for each dollar they save on energy. Therefore, $600 in energy savings could boost your property value by $12,000.

What if I live in a gloomy or heavily-wooded

Solar panels could still work well in cloudy conditions. Your provider will position your panels to capture the most sunlight possible. They might also recommend a backup battery to keep your system working at its best.

How can I assess my property's solar feasibility?

One common way to determine your home's solar viability is by using PVWatts. This free, powerful tool considers system size, tree cover, local weather and topography, and panel efficiency to determine how much electricity your array could generate. However, it's not a substitute for consulting with a solar energy professional, who can build a full estimate with the most updated data.

What's the average solar system size in Elgin?

The average Elgin solar system size is 6.5 kilowatts (kW). However, your final system size depends on your home's power consumption. Your surrounding shading, roof size, and panel model could also impact your final result. A professional solar company will consider these factors and determine the right array size for your home.

What is "net metering," and how does it work?

Net metering is a system that credits solar homeowners for any excess electricity they generate and feed back to the grid.

Some states or power companies require you to enroll in net metering when installing your solar system, while others give you a choice. Either way, once you participate, you'll get a bill credit or check for your excess generation at a retail or wholesale rate.

What's the difference between a PPA and traditional financing?

A PPA is a contract between you and your installer. They set up, own, and care for the panels, and you buy the generated electricity from them for 10–25 years. There will usually be options to buy out early to own your system and extend the agreement.

In contrast, solar loans can come from local banks, specialty lenders, installer and the government. You'll need to pass a credit check to qualify for most of them. While the upfront costs are higher, and you'll be responsible for upkeep, you'll also have total ownership and can apply for many more incentives.

To share feedback or ask a question about this article, send a note to our Reviews Team at reviewsteam@thisoldhousereviews.com.

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