Typical home: Worth it

Solar in Hanover Park, IL

With ComEd's electricity at about 19.3¢ per kWh and 1,330 kWh of sun per kW, solar is worth it for a typical Hanover Park home today: about a 12.6-year payback.

Payback, typical home
12.6 yrsIllinois: 13.5 yrs
25-year net
$24,440after paying $16,760
Sun
1,330kWh per kW per year
Electricity
19.3¢7% above U.S. average

A typical Hanover Park home, by the numbers

UtilityComEd
Electricity use622 kWh a month
Best-value system5.1 kW, about 12 panels, 6,782 kWh a year (91% of use)
Cost$18,290, or $16,760 after state incentives
First-year savings$1,237
Payback12.6 years
Exported power9¢/kWh (ComEd)

Cash purchase, no federal credit, 3.5% yearly rate increases. Run it with your own numbers.

Solar production per kW in Hanover Park

kWh per kW each month, south-facing at 20° tilt. PVWatts v8 with local typical-year weather.

Show as a table
PeriodValue
Jan74
Feb85
Mar111
Apr127
May146
Jun142
Jul152
Aug142
Sep124
Oct94
Nov71
Dec63

Homes in Hanover Park

Owner-occupied homes
77%
Single-family detached
51%
Median home value
$274k
Median year built
1976
Population
36,732
Roofs suitable for solar†
92%

Census ACS 2020–2024. †Share of 7,967 buildings Google Project Sunroof rated technically suitable (2019 snapshot).

Installers working in Hanover Park

Public installation records for Illinois don't name installers, so we can't rank local companies here. Browse installers in Illinois.

Always verify the license and get at least three quotes. Compare quotes side by side.

Questions about solar in Hanover Park

Is solar worth it in Hanover Park, IL?

For a typical home in Hanover Park, solar is worth it at 2026 prices: a 5.1 kW system costs about $16,760 after state incentives, saves about $1,237 in year one and pays back in about 12.6 years. Enter your address for an estimate based on your roof and bill.

How much solar power does a system produce in Hanover Park?

About 1,330 kWh per year for each kW of panels on a south-facing roof, based on PVWatts and local weather. That's 1% less than the Illinois average. East- or west-facing roofs produce roughly 10–20% less.

Who is the electric utility in Hanover Park?

Most homes in Hanover Park are served by ComEd, at about 19.3¢ per kWh on average.

How much do solar panels cost in Hanover Park?

A fair cash price is around $3.40 per watt before incentives, so about $18,290 for a 5.1 kW system. There's no federal tax credit for homeowners who buy in 2026.

Nearby

Data: PVWatts (National Laboratory of the Rockies), EIA-861 2025 adjusted to 2026, U.S. Census ACS, LBNL Tracking the Sun, state policy research as of October 2026.