Best 5 Solar Companies in Joliet, IL

How To Choose the Best Solar Company in Joliet

Choosing a company is the first step toward a well-oiled and cost-efficient solar system. Here are some key items to remember while shopping for a solar specialist.

Licensing and Training

In Illinois, the state Commerce Commission issues licenses to distributed generation energy contractors, including solar installers. Solar companies can also pursue certificates from standards organizations and trade groups. The top ones in the industry come from the NABCEP. Most company websites will prominently display earned credentials, but you should also ask your estimator for more information.

Cost of Solar Panels in Joliet

Your photovoltaic panels' model will affect how much electricity you can generate. Monocrystalline panels are among the highest quality and cost the most but perform the best. Polycrystalline panels generate less, but they're a great traditional option for low budgets. Thin-film panels have a low cost and are excellent for non-traditional roofs, but aren't recommended for large home installations.

If you'd like to charge an electric car or use your solar power in inclement weather, you can pay extra for accessories. By selecting the right components, you can make your system more efficient and convenient to use. Not all solar companies provide these optional components, so look for a contractor that sells them if it's important for you.

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

Financing Solar Energy in Joliet

Choosing the optimal financing solution will affect your overall solar system cost and possible savings. Common payment options include power purchase agreements, leases, loans, and cash payments. We suggest paying with cash or using a solar loan for the best return on investment (ROI). Cash payments require a hefty sum up-front, but you’ll pay the least long-term by avoiding interest. You’ll also own your system and can apply for solar panel incentives to reduce your total costs. Solar loans are another solid option if you don’t want to make a big initial investment. You can pay for your system in monthly installments while still benefiting from energy bill savings and solar incentives. However, you’ll spend more in total due to accruing interest. Solar leases allow you to rent your panels for a fixed monthly rate, while PPAs let you pay just for the energy you use, akin to an electric bill. Both options disqualify you for solar incentives and don't grant you system ownership. Solar experts generally don't recommend them, but they might be suitable in some cases. We suggest working with a company that offers multiple financing options. Speak with each salesperson about what's available, and secure more than one estimate for the best odds of keeping within your financial plan.

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

The IRS allows you to claim a 26% federal solar tax credit on your new solar panels, so long as you purchase it before 2032. Municipal authorities and utilities might also offer their own incentives, financing programs, and rebates that could save you more money.