Solar Panels in
Shipman, IL

Updated 12/4/2021

How much do solar panels cost in Shipman, IL in 2021?

As of December 2021, the average solar panel cost in Shipman, IL is $3.04/W. Given a solar panel system size of 5 kilowatts (kW), an average solar installation in Shipman, IL ranges in cost from $12,920 to $17,480, with the average gross price for solar in Shipman, IL coming in at $15,200. After accounting for the 26% Federal Investment Tax Credit (ITC) and other state and local solar incentives, the net price you'll pay for solar can fall by thousands of dollars.

Importantly, these costs are typical for solar shoppers comparing solar quotes on the EnergySage Marketplace. When you compare quotes for solar panels on EnergySage's competitive solar marketplace, you can expect to see prices up to 20% lower than working with a single solar company.

Average solar panel cost by system size in Shipman, IL

System Size System Cost System Cost (after ITC)
3 kW $9,120 $6,749
4 kW $12,160 $8,998
5 kW $15,200 $11,248
6 kW $18,240 $13,498
7 kW $21,280 $15,747
8 kW $24,320 $17,997
9 kW $27,360 $20,246
10 kW $30,400 $22,496

2021 average solar panel cost graph in Shipman, IL

for a 5kW system

Great Price
$12,920 or less
Market Average
$15,200
Above Market
$17,480 or more
Note: Showing cost data for Macoupin County, IL.

Solar installation costs do not include the 26% Federal Investment Tax Credit or local incentives. Learn more about local IL incentives, tax credits & rebates.

Payback Period

9.49 Years

20-Year Savings

$30,656

Cost per Watt

$3.04

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Top solar installers in Shipman, IL

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