Comprehensive Solar Energy Analysis in Waukegan
Waukegan, IL, has embraced solar energy, and its progress can be examined through various factors like system sizes, costs, and incentives.
Understanding Solar Potential in Waukegan
Waukegan's solar potential is calculated considering the average roof size and system capacity:
Roof Size (sq. ft.) | System Capacity (kW DC) | Annual Electricity Production (kWh AC) |
697 | 9.75 | 11k |
Cost Analysis of Solar Systems in Waukegan
The cost of solar installations in Waukegan varies based on the system size and local pricing:
System Size (kW) | Average Cost in Waukegan | Price-per-Watt |
6 | $22,380 | $3.73 |
Financial Comparison: Waukegan vs. US Average
A comparative look at the costs in Waukegan and the national average:
Aspect | Waukegan | US Average |
Out-of-Pocket Cost (5 kW) | $18,650 | $18,172 |
Average Payback Period | 13 years | 11 years |
Net 20-Year Savings | $10,592 | $14,915 |
System Size Impact on Savings
Analyzing the benefits associated with various system sizes:
System Size | Annual Production (kWh) | Estimated Savings |
2kW | 2,827 | $543 |
3kW | 4,240 | $814 |
4kW | 5,653 | $1,085 |
5kW | 7,066 | $1,356 |
6kW | 8,479 | $1,628 |
Environmental Benefits
The positive environmental impact of a 2kW system in Waukegan:
CO2 Reduction (tons/year) | Equivalent Trees Planted | Reduced Driving Miles |
0.9 | 41 | 2,223 |
Solar Incentives and Rebates in Waukegan
Waukegan offers a range of incentives to promote solar energy use:
Solar Installation Services in Waukegan
Waukegan is served by 45 verified solar installers, providing diverse services, including installation and solar financing consultation.
Frequently Asked Questions - Solar Energy in Waukegan Illinois
What factors limit solar panel installation in Waukegan homes?
Key limitations include available roof space, electricity usage, net metering policies, and household electrical system capacity.
What is the cost to install solar panels in Waukegan?
The average price per installed watt in Waukegan is $3.73, leading to an estimated cost of $37,300 for a 10kW system, subject to variations.
How do solar panels influence property values in Waukegan?
Reflecting national trends, a 2019 Zillow study indicates homes in Waukegan with solar panels typically sell for about 4.1% more. Solar Energy in Waukegan Illinois