Solar Panel Cost Guide in Springfield, GA (2023 Update)
- Springfield Solar Installation Cost: $11,425
- 25-Year Savings: $24,694
- Payback Period: 7.9 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Springfield
We break down average solar pricing in Springfield.
The average cost of a solar panel system in Springfield is 2.55 per watt. Because a 6.4-kW system is needed to cover the energy consumption of a typical home in Springfield, the average price of going solar will be about $11,424 after claiming the federal solar tax credit of 30%.
Remember that the numbers above are only averages. The price you'll pay for solar may vary based on your household energy needs, the type of equipment you want, your solar contractor and more. Even with the large upfront cost, the average Springfield homeowner can save about $21,000 on their power bills over 20 years, which is one of the positives of solar.
You can click the button below to get connected with a vetted solar company in Springfield for a quote for your home.
Solar savings over time in Springfield
| Year | Return on Investment |
|---|---|
| 1 years | $-9,831 |
| 3 years | $-6,645 |
| 5 years | $-3,459 |
| 7 years | $-272 |
| 9 years | $2,914 |
| 11 years | $6,101 |
| 13 years | $9,287 |
| 15 years | $12,474 |
| 17 years | $15,660 |
| 19 years | $18,847 |
| 21 years | $22,033 |
| 23 years | $25,220 |
| 25 years | $28,406 |
Top Solar Installers in Springfield
DIY solar panel installation is a way to cut costs, but it's an undertaking that can be a pain. Using an installer can make switching to solar power much easier. The expertise that solar companies provide can be useful as well, particularly if you aren't sure what kind of solar equipment would be right for your home.
There are various licensed solar professionals that can install solar panels for you. Here are our suggestions:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
See all of the solar companies in Springfield
Factors that Affect Solar Panel Costs in Springfield
There are a number of criteria that can determine your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
When it comes to estimating the cost of a solar system in Springfield, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home's energy usage, which you can figure out by looking at past electricity bills. Your overall cost can increase by about $2,550 for each additional kilowatt you need. There are many different solar panel brands and the one you choose also affects the cost. Generally speaking, the brands that have better efficiency tend to also be more expensive. In addition, the type of equipment you choose can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar installers in Springfield provide solar loans, which reduce the initial cost of installing solar. It's wise to factor the interest you'll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and the amount of time it'll take to pay off the loan.
Solar Panel Installation Company
The solar company you go with to handle your switch to clean energy can have an effect on your total costs. There are about 3 solar installation companies operating throughout Springfield, and each can charge different amounts for labor and equipment. Some companies only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It's best to do some research and find a company that provides the products, warranties and services you're looking for and also is within your budget.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $2.65 | $11,138 | $22,721 | 8.2 years |
| 8 kW | $2.60 | $14,566 | $30,580 | 8.1 years |
| 10 kW | $2.55 | $17,850 | $38,582 | 7.9 years |
| 12 kW | $2.50 | $20,992 | $46,727 | 7.7 years |
| 14 kW | $2.45 | $23,990 | $55,015 | 7.6 years |
| 16 kW | $2.40 | $26,846 | $63,445 | 7.4 years |
| 18 kW | $2.35 | $29,560 | $72,018 | 7.3 years |
| 20 kW | $2.29 | $32,130 | $80,734 | 7.1 years |
How to Save on Solar Panels
There are many companies available in Springfield, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be difficult, so here are some tips to help you decide:
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, durability and energy efficiency. They will come at different costs as well. The company you choose has an impact on which solar panel brands you have access to.
- Installation Process: When going solar, it's essential to keep an open line of communication with your solar panel installer. See to it that you understand how the installation process works and the completion timeline.
- Contract: It's important to read your solar installer's contract carefully to understand what services they will provide, what the warranty covers and what you can expect about your solar system's energy production.
- Warranty: Companies typically offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
EcoWatch's Springfield, GA Solar Cost FAQs
What is the average cost of installing solar panels in Springfield?
The average cost of solar panels in Springfield is about $12,750 for a 5-kW system and $25,500 for a 10-kW system before the ITC, but the actual cost will depend on stuff like the type of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important thing to think about when buying solar panels?
Cost is definitely one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Is switching to solar power worth it?
Solar panels can be a good investment for lots of homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your energy bills are already reasonably low, solar panels might not be for you.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy usage and how much sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to cover their typical energy usage.
Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.