Solar Panel Savings in Edwardsville, IL

Calculate how much you can save with solar panels in Edwardsville, Illinois. Based on 3.9 peak sun hours/day and 13.8¢/kWh average electricity rate.

3.9

Peak Sun Hours/Day

13.8¢

Avg Rate (¢/kWh)

15.7 yr

Payback Period

$32k

25-Year Savings

Edwardsville Solar Overview

Population:25,332
Sunny Days/Year:186
Avg Temperature:51°F
Solar Penetration:8.2%
Utility Company:ComEd
Net Metering:Available

Calculate Your Edwardsville Solar Savings

3 kW15 kW

Edwardsville average: $124/mo

South-facing roofs produce the most energy

Add $8,000-$12,000 for whole-home battery backup

Annual Production

6,833

kWh/year

Annual Savings

$943

per year

Net System Cost

$14,448

after 30% ITC

Payback Period

15.3 yr

break-even time

25-Year Total Savings

$32,211

Monthly Savings

$79

Federal Tax Credit

$6,192

Cumulative Savings vs System Cost

$0k$8k$17k$25k$34kYr 0Yr 5Yr 10Yr 15Yr 20Yr 25System CostBreak-even
Cumulative Savings System Cost

Cost Breakdown

ItemEdwardsvilleNational Avg
Gross System Cost (6kW)$20,640$17,100
Federal Tax Credit (30%)-$6,192-$5,130
Net System Cost$14,448$11,970
Cost Per Watt$3.44/W$2.85/W

Solar Potential in Edwardsville

Sun Hours vs National Average

3.9 hrs
4.5 hrs

Edwardsville gets 13% less sun than the national average, but high-efficiency panels compensate.

Climate Advantages

  • 186 sunny days per year
  • Average temperature: 51°F — cooler temps actually improve panel efficiency
  • Average roof size: 1,899 sq ft — enough for a 105-panel system

Edwardsville Solar Incentives & Programs

Federal Investment Tax Credit (ITC)

30% of total system cost deducted from federal taxes. For a $20,640 system, that's a $6,192 credit. Valid through 2032.

Illinois State Incentives

Adjustable Block Program; SREC market.

Net Metering — ComEd

ComEd offers net metering in Edwardsville. Earn credits for excess solar energy sent to the grid, reducing your electric bill further.

Environmental Impact in Edwardsville

2.8

Tons CO2 Offset/Year

47

Equivalent Trees Planted

0.6

Homes Worth of Energy

Based on 6,833 kWh annual production with a 6kW system. EPA average: 0.417 metric tons CO2 per MWh, 10,632 kWh per US home.

Solar Energy in Edwardsville, Illinois

Edwardsville, Illinois receives an average of 3.9 peak sun hours per day, offering adequate solar resources for homeowners looking to reduce their electricity bills. With electricity rates averaging 13.8¢ per kWh from ComEd, below the national average, but with rates rising 2-3% annually, the long-term savings are still meaningful.

A typical 6kW solar system in Edwardsville produces approximately 6,833 kWh per year, saving homeowners an estimated $943 annually. The system pays for itself in about 15.3 years, after which you enjoy essentially free electricity for the remaining 10+ years of the system's warranty life.

Edwardsville has a solar penetration rate of 8.2% — showing growing adoption of residential solar, with significant room for expansion. The cost of living index of 94.2 (national average: 100) reflects a lower cost of living, keeping installation costs competitive.

Other Cities in Illinois

Frequently Asked Questions

How much do solar panels cost in Edwardsville, IL?

The average cost of a 6kW solar panel system in Edwardsville is approximately $20,640 before incentives ($3.44/watt). After the 30% federal Investment Tax Credit, the net cost is about $14,448. Adjustable Block Program; SREC market.

How many peak sun hours does Edwardsville get?

Edwardsville, IL receives an average of 3.9 peak sun hours per day and approximately 186 sunny days per year. While below the national average, solar panels can still provide significant savings due to advancing panel technology.

What is the solar payback period in Edwardsville?

The average solar payback period in Edwardsville is approximately 15.7 years. After payback, your solar panels generate essentially free electricity for the remaining 15-20 years of their warranty. Over 25 years, total savings can reach $32,211.

Does Edwardsville have net metering?

Yes, Edwardsville has access to net metering through ComEd. This allows you to earn credits for excess solar energy sent to the grid, significantly improving your solar investment returns.

Is solar worth it in Edwardsville, IL?

Solar can still be worthwhile in Edwardsville, especially with rising electricity rates. The 15.7-year payback means long-term savings of $32,211 over the system lifetime. The 30% federal tax credit and local incentives help make solar financially attractive.

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