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Best 5 Solar Companies in Schaumburg, IL

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

With Schaumburg's clear skies and little rainfall, it's an excellent area for families and businesses seeking to harness the added sunlight. Local homeowners might choose solar to break free of high power costs from sources like nuclear. A knowledgeable team can help you install and tune a system that meets your energy needs without costing a fortune. Discover Schaumburg's best solar companies and learn important decision-making advice 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 Schaumburg Solar Companies

Nelnet Renewable Energy Logo

Nelnet Renewable Energy

4.5/5
Based on 140 customer reviews.

Services Offered

Financing AssistanceConsultationCleaning And MaintenancePanel InstallationBattery Storage

Highlights

  • Reliable customer support
  • Informative resources
  • Clear pricing policy
230 N Hicks Pl, Palatine, IL 888-202-5630 nelnetenergy.com
Phoenix Exteriors Roofing & Solar Logo

Phoenix Exteriors Roofing & Solar

4.5/5
Based on 160 customer reviews.

Services Offered

Financing AssistancePanel InstallationSkilled Repairs

Highlights

  • Free quotes
  • Informative resources
  • Clear pricing policy
1066 National Pkwy, Schaumburg, IL 630-998-8140 phoenixexteriors.com
TruHome Pros Solar Logo

TruHome Pros Solar

4.2/5
Based on 19 customer reviews.

Services Offered

ConsultationSkilled RepairsGrid-Tied Solar SystemBattery StorageFinancing AssistancePanel Installation

Highlights

  • Informative resources
  • Clear pricing policy
  • Reliable customer support
1701 Woodfield Rd # 950, Schaumburg, IL 847-665-3376 truhome-pros.com
ilumen Solar Logo

ilumen Solar

4.7/5
Based on 59 customer reviews.

Services Offered

Grid-Tied Solar SystemPermit AssistancePanel InstallationConsultationBattery StorageSkilled RepairsFinancing AssistanceCleaning And Maintenance

Highlights

  • Informative resources
  • Clear pricing policy
  • Free quotes
4 N Hillview Dr C, Lake Barrington, IL 847-852-3370 ilumen-solar.com

More Local Solar Companies

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

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

Illinois Solar Express, LLC

User Reviews: 4.7/5 

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

Reficiency Solar

User Reviews: 4.6/5 

4513 Lincoln Ave # 110
Lisle, IL 60532

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

Green Power Works Inc

User Reviews: 4.1/5 

6124 N Milwaukee Ave #3
Chicago, IL 60646

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

Ranking Methodology

We assessed dozens of Schaumburg solar companies, using the following criteria to select the superior:

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Facts about Schaumburg
Average Max Temp:57°F
Solar Payback Period:13.8 years
Average Daily Sunlight:53%
Homes Powered by Solar:280
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 provides multiple advantages that will enhance your home for years to come.

  • Smaller power bills: Producing some or all of your own electricity will spend less on electricity long-term.
  • Better energy independence: Solar energy can keep your home running through blackouts and emergencies, giving you additional security. You can use your solar energy anytime with an optional battery backup system.
  • Reduced carbon footprint: Using clean solar power means you're less dependent on fossil fuels, which emit harmful greenhouse gasses.

What Solar Incentives Are Available to Schaumburg Homeowners?

Illinois agencies and electric companies offer a range of solar incentives to help reduce your solar system costs. Here is a breakdown of available solar programs where you live.

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 Schaumburg

The more comprehensive your company research is, the better your solar installation will ultimately perform. Here are some important factors to keep in mind while shopping for a solar specialist.

Licensing and Training

In Illinois, the state Commerce Commission licenses distributed generation energy contractors, including solar contractors. Look for private accreditations from the North American Board of Certified Energy Practitioners (NABCEP), one of the solar industry's most trusted trade groups. Its program includes certifications for both solar photovoltaic and water heating installers.

Cost of Solar Panels in Schaumburg

Different solar panel types look and perform differently. Monocrystalline panels cost more than other options, but they generate the most power. Polycrystalline panels provide a lower price point but produce less power. Thin-film panels work well for small projects like RVs and sheds, but they're not ideal for larger installations due to their low performance.

If you need to charge an electric car or use your solar power in cloudy weather, you can pay extra for accessories. By selecting the right components, you can make your panel array more effective and user-friendly. Not all solar companies include these add-ons, so look for a provider that installs them if it's essential for you.

Generally speaking, it costs about $18,800 for a five-kilowatt solar array in Schaumburg. This table displays more specific prices for different solar panel types and system components in your area.

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 Schaumburg

There are a plethora of ways to pay for a new solar system, and the right one will help you decrease overhead. A few of the most common options include power purchase agreements (PPAs), cash payments, leases, and loans. Though it involves a large up-front payment, cash is the most cost-effective choice because it qualifies you for solar incentives and doesn't accrue interest. Solar loans are the next best option. As with a home or auto loan, you'll pay a monthly rate towards system ownership, including interest. You can still apply for valuable solar incentives, and depending on your lender, you could put as little as $0 down. Solar leases allow you to pay a monthly fee to rent your panels, while a PPA lets you pay a variable rate based on only the energy you use. We generally advise against these options since you won't own your system and are disqualified from solar incentives, but they might be suitable in specific circumstances. We recommend working with a company that offers multiple financing options. Speak with each consultant about what's available, and get more than one estimate for the best odds of keeping within your budget.

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

You are eligible for a 26% federal tax credit for new solar energy equipment until the year 2032. Municipal and state governments and utility companies might also offer discounts, rebates, and unique financing solutions that could save you more.

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 Schaumburg

How much energy and money could I save per year by switching to solar?

On average, Schaumburg homeowners pay roughly $1,156 per year on power bills. Once you pay off your solar array, you could reduce your costs by $707.72 per kilowatt you produce.

How widespread is solar energy in Schaumburg?

Yes, solar energy is spreading quickly in Schaumburg. Some homes already generate solar power on-site or through utility grids, and they're supported by a state solar economy with 5513 jobs and counting.

Should I expect a property value increase after installing solar panels?

Yes, new solar systems translate 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 increase your home's value by $12,000.

Could I still use solar power if I live in a dark, wooded, or rainy area?

A solar setup could still operate in cloudy conditions. Your provider will orient your panels to absorb the most sunlight possible. They might also recommend a backup battery to keep your system working at its best.

What's a Schaumburg solar panel's average lifespan?

Modern solar panels are built for longevity. The average unit is good for 25 years of service. Budget panels tend to have shorter lifespans than top-tier models.

What's the average solar system size in Schaumburg?

The average Schaumburg solar system size is 6.4 kilowatts (kW). However, your final system size depends on your household's energy needs. Your roof size, panel model, and surrounding shading could also impact your final result. A professional solar contractor will consider these factors and determine the right array size for your home.

How are a solar lease and PPA different?

After you sign a PPA, your solar contractor will not charge to set up and take care of your new panel array. Instead, you'll pay them only for the electricity you generate. Typically, PPAs last for 10–25 years or until you "buy out" of the contract.

If you choose a lease, you'll make fixed payments each month.

With both leases and PPAs, you do not own your panels and lose eligibility for some incentives. Further, you'll have to "buy out" or transfer the contract if you sell your home during the term.

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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