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  1. Aug 21, 2024 · Solar panel cost Chicago: Prices & data 2024 Updated: August 21, 2024. As of Aug 2024, the average cost of solar panels in Chicago is $2.47 per watt making a typical 6000 watt (6 kW) solar system $10,389 after claiming the 30% federal solar tax credit now available.

  2. 5 days ago · As of August 2024, the average solar panel system costs $3.10/W including installation in Illinois. For a 5 kW installation, this comes out to about $15,489 before incentives, though prices range from $13,166 to $17,812. After the federal tax credit, the average price drops by 30%.

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  3. [C] The maximum size for projects was increased from 2M to 5 MW through Public Act 102-0662 and REC Prices have now been developed for this size category. Illinois Solar for All

  4. Aug 15, 2024 · In August, 2024, the average cost of solar panels per watt in Illinois is $3.78/W. A 5 kW solar panel system will cost you around $13,230 in Illinois after the federal tax credit is applied.

  5. Jun 24, 2024 · The average cost of solar panels in Chicago is about $18,800 for a 5-kW system and $37,600 for a 10-kW system before the ITC, but the real cost will depend on things such as the type of solar panels you want, what size system you need and how much energy you consume.

  6. Aug 25, 2024 · On the EnergySage Marketplace, solar shoppers in Illinois pay an average of $28,000 for a 9.2 kW solar panel system prior to incentives. The savings from offsetting 100% of an electric bill with solar can add up fast!

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