Best 5 Solar Companies in Romeoville, IL

How To Choose the Best Solar Company in Romeoville

The cost and performance of solar panels often rely on the solar company that mounted them. Here are some crucial criteria to consider while searching for a solar company.

Licensing and Training

In Illinois, the state Commerce Commission regulates distributed generation energy contractors, including home solar installers. Solar installers can also pursue accreditations from trade groups and standards organizations. The most recognized 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 Romeoville

The kind of solar panels you select decides how much electricity you can produce. Monocrystalline panels and high-quality and cost more but give you the best performance. Polycrystalline panels work with a tried-and-true mechanism and cost less, but produce less power. Thin-film panels aren't meant for large home installations, but they're excellent for small projects like sheds and RVs.

If you'd like to charge an electric vehicle (EV) or use your solar power in inclement weather, you can pay extra for accessories. By choosing the right components, you can make your system more productive and convenient to use. Not all solar companies include these extras, so look for a contractor that installs them if it's important for you.

Most Romeoville homeowners opt for solar systems sized for five kilowatts (kW) of electrical capacity. These systems run about $18,800 to install, considering both materials and labor. You can find more specific solar cost information in the table.

Financing Solar Energy in Romeoville

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), cash payments, solar loans and solar leases. We recommend making a cash payment 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 have full ownership of 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 pay more in total due to accruing interest. Solar leases involve paying a set monthly rate to use rooftop panels. A PPA (Power Purchase Agreement) lets you pay a monthly rate determined by the energy you use, like an electric bill. We usually don’t recommend these two choices because you won't own the solar system and are disqualified from using solar incentives. We suggest working with a contractor that offers multiple financing options. Speak with each agent about what's available, and obtain more than one estimate for the best odds of staying within your spending limits.

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

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