Best 5 Solar Companies in Shields, IL

How To Choose the Best Solar Company in Shields

Choosing a company is the first step toward an effective and cost-efficient solar system. Here are some key items to bear in mind while searching for a solar company.

Licensing and Training

In Illinois, the state Commerce Commission issues licenses to distributed generation energy contractors, including solar contractors. Solar providers can also pursue certificates from standards organizations and trade groups. The most prestigious ones in the industry come from the North American Board of Certified Energy Practitioners. Most company websites will prominently display earned credentials, but you should also ask your estimator for more information.

Cost of Solar Panels in Shields

Different solar panel types look and perform differently. Monocrystalline panels offer the best energy production but cost more than other options and generally have the highest quality. Polycrystalline panels produce less power, but start at a more budget-friendly price point. 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.

You can also add battery backups and electric vehicle (EV) chargers. These will increase your total installation cost, but they can maximize your solar system's performance. Not every solar provider provides these additional features, so look for a company that sells them if it's important for you.

Most Shields homeowners select solar systems sized for five kilowatts (kW) of electrical capacity. These systems cost about $18,800 to install, considering both parts and installation. You can see more specific solar cost information in the table.

Financing Solar Energy in Shields

Choosing the ideal financing option will affect your overall solar system cost and potential savings. Common payment options include loans, power purchase agreements, leases, and cash payments. Though it involves a large up-front payment, cash is the most affordable choice because it doesn't accrue interest and qualifies you for incentives. 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 money-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) permits you to pay a monthly rate based only on the energy you use, like an electric bill. We typically don’t recommend these two options because you won't own the solar system and cannot use solar incentives. Ask each provider you're considering about the financing options it offers. A staff member can help you determine the optimal option for your financial situation.

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

You are eligible for a 26% federal solar tax credit for new solar power systems until the year 2032. City and state officials and utility companies might also offer discounts, rebates, and dedicated financing plans that could save you more.