Solar Panel Cost Guide in Spring Hill, KS (2023 Update)
- Spring Hill Solar Installation Cost: $14,190
- 25-Year Savings: $27,381
- Payback Period: 8.5 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Spring Hill
We break down average solar pricing in Spring Hill.
The average cost of a solar system in Spring Hill is 2.59 per watt. The average Spring Hill homeowner needs a 7.8-kilowatt system, which would cost about $14,196 with the federal tax credit, or $20,300 before the 30% tax credit is applied.
The prices above are just estimates to give you an idea of how much a solar energy system could cost. The true cost of installing solar panels can vary quite a bit based on several factors, such as what size system you need, your energy consumption and what solar installer you go with. With typical savings of about $20,000 on power bills over 20 years, many homeowners in Spring Hill find going solar can be quite rewarding.
Click the button below to get connected to a vetted solar company in Spring Hill for a custom estimate.
Solar savings over time in Spring Hill
| Year | Return on Investment |
|---|---|
| 1 years | $-12,806 |
| 3 years | $-10,039 |
| 5 years | $-7,271 |
| 7 years | $-4,503 |
| 9 years | $-1,735 |
| 11 years | $1,033 |
| 13 years | $3,801 |
| 15 years | $6,569 |
| 17 years | $9,336 |
| 19 years | $12,104 |
| 21 years | $14,872 |
| 23 years | $17,640 |
| 25 years | $20,408 |
Top Solar Installers in Spring Hill
Putting up solar panels on your own can be a time-consuming task, which is why using a solar installation company is a good option for many homeowners. The expertise that solar installers provide can be helpful as well, especially if you aren't sure what brand of solar equipment would be right for your home.
There are a number of 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
See all of the solar companies in Spring Hill
Factors that Affect Solar Panel Costs in Spring Hill
For many Spring Hill homeowners, the decision to adopt solar energy depends on cost. However, the range of solar installation costs can be quite wide in Spring Hill, with typical prices between $20,000 to $40,000. There are numerous factors that considerably influence the price you'll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the cost of a solar energy system in Spring Hill, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home's energy consumption, which you can determine by looking at past power bills. Your total cost can increase by about $2,590 for each additional kilowatt you need. The type of solar panels and equipment you want is another factor that will significantly influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Furthermore, solar equipment is more than just the solar panels themselves. You'll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when looking for a solar system that falls within your budget.
Solar Financing Terms
Solar panels can save you money on utility bills over many years, but they can also be a significant investment. That's why many Spring Hill homeowners choose to finance their solar panel systems to make going solar more affordable. It's a good idea to include the interest you'll pay in your final cost estimate. If you can afford to pay a higher 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
A final consideration when trying to figure out the cost of solar for your home or business in Spring Hill is the company you choose to install your solar panel system. Similar to choosing a company to renovate your kitchen, for example, there's no shortage of solar installers that offer a range of services at different price points. You may see national solar installers that have lower prices due to their bigger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or specials to compete with those larger companies.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $2.69 | $11,313 | $20,554 | 8.9 years |
| 8 kW | $2.64 | $14,794 | $27,696 | 8.7 years |
| 10 kW | $2.59 | $18,130 | $34,982 | 8.5 years |
| 12 kW | $2.54 | $21,321 | $42,414 | 8.4 years |
| 14 kW | $2.49 | $24,367 | $49,991 | 8.2 years |
| 16 kW | $2.43 | $27,268 | $57,712 | 8.0 years |
| 18 kW | $2.38 | $30,023 | $65,579 | 7.9 years |
| 20 kW | $2.33 | $32,634 | $73,591 | 7.7 years |
How to Save on Solar Panels
Since the model of solar panels and the installation company you choose has an impact on your costs and your system's durability and efficiency, it's important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Reputation: Make sure your solar company has a good reputation by verifying it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like EcoWatch.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and energy needs. Although there are many options for which model of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to ask for their list of offerings before making your decision.
- Warranty: Each company may offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Contract: Read the contract terms carefully to make sure you understand the cost breakdown, project completion timeline rebates and warranties.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Spring Hill, KS Solar Cost FAQs
How much does it cost to install solar panels in Spring Hill?
The average cost of solar panels in Spring Hill is about $12,950 for a 5-kW system and $25,900 for a 10-kW system before the ITC, but the actual cost will depend on certain factors like the type of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Spring Hill?
Solar panels aren't free in Spring Hill, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Can you sell solar power back to the grid in Spring Hill?
The majority of states offer net metering programs of some kind. Through these, you can either receive compensation for the extra power your system generates or or receive credits to put toward future energy bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher level of energy production.
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.