Solar Panel Cost Guide in Spring, PA (2023 Update)
- Spring Solar Installation Cost: $11,870
- 25-Year Savings: $13,084
- Payback Period: 11.9 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated May 04, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in Spring
We go over average solar pricing in Spring.
In Spring, solar panels cost about 2.55 per watt on average. Because a 6.7-kW system is needed to cover the energy consumption of a typical home in Spring, the average price of going solar will be about $11,870 after claiming the federal solar tax credit of 30%.
These figures are only estimates, and how much solar costs for you will most likely vary based on your energy needs and what company you want to go with. With typical savings of about $14,000 on power bills over 20 years, many homeowners in Spring find investing in solar has a decent ROI.
To see your potential savings and connect with a local solar expert, click the button below.
Solar savings over time in Spring
| Year | Return on Investment |
|---|---|
| 1 years | $-10,872 |
| 3 years | $-8,876 |
| 5 years | $-6,879 |
| 7 years | $-4,883 |
| 9 years | $-2,887 |
| 11 years | $-890 |
| 13 years | $1,106 |
| 15 years | $3,102 |
| 17 years | $5,098 |
| 19 years | $7,095 |
| 21 years | $9,091 |
| 23 years | $11,087 |
| 25 years | $13,084 |
Top Solar Installers in Spring
Many homeowners decide to use a solar panel installer since figuring out how to install solar panels by yourself can be challenging. Companies can also provide access to various kinds of the best solar panels and help you decide which one will be right for you.
You can get a free estimate from a local solar installer on how much solar panels could cost for your home. Here are some near you:
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 Spring
Factors that Affect Solar Panel Costs in Spring
There are a number of factors that can affect your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a variety of factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power production need better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $2,550. Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Spring, where sunlight is relatively abundant, efficiency can quickly pay off. Also, if you have a small roof or you don't have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Solar panels can save you money on power bills over many years, but they can also be a significant investment. That's why many Spring homeowners decide to finance their solar panel systems to make paying for solar more affordable. When considering your overall cost, you should also calculate the interest you'll pay if you go with a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
The final significant cost factor you should consider is the installer you choose. Given the booming popularity of green energy solutions in Spring, you'll have many options to choose from, but each comes at various price points for labor and equipment. Larger national companies usually have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or add-on services like electric vehicle charger installation, they might be cheaper overall.
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 | $11,373 | 12.4 years |
| 8 kW | $2.60 | $14,566 | $15,449 | 12.1 years |
| 10 kW | $2.55 | $17,850 | $19,669 | 11.9 years |
| 12 kW | $2.50 | $20,992 | $24,031 | 11.7 years |
| 14 kW | $2.45 | $23,990 | $28,536 | 11.4 years |
| 16 kW | $2.40 | $26,846 | $33,184 | 11.2 years |
| 18 kW | $2.35 | $29,560 | $37,974 | 10.9 years |
| 20 kW | $2.29 | $32,130 | $42,908 | 10.7 years |
How to Save on Solar Panels
The solar panel company you opt for will impact not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should take into account, including:
- Contract: When looking through your solar company's contract, ask for clarification about any terms you're not sure of and make sure you understand what happens in scenarios like a system component breaking or the company going out of business.
- Solar Panel Brands: The kind of solar panel you want to install plays a role in which installer you should go with, since different companies offer different panels.
- Reputation: Companies that have been operating for many years likely have a high reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
- Installation Process: When making the switch to solar, it's essential to keep an open line of communication with your solar installer. See to it that you understand how the installation process works and the project completion timeline.
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 Spring, PA Solar Cost FAQs
What is the average cost of installing solar panels in Spring?
This is a tough question to answer exactly, because the cost depends on a few different factors. Generally speaking, it costs about $12,750 for a 5-kW system and $25,500 for a 10-kW system after the ITC is applied. It will cost more if you want other solar equipment or more efficient panels, or if you have above-average energy consumption. On the flip side, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
Should I lease or buy solar panels in Spring?
Leasing solar panels can be an attractive choice, as it often comes with low or $0 upfront payments. The downside is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any incentives and your home value won't increase. Buying solar panels is a better way to go if you want to get the most savings.
Can solar panels completely eradicate my energy bills?
Solar panels can potentially eliminate your electricity bills depending on where you're located and the efficiency of your system. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $750.38 per year.
How long do solar panels last in Spring?
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.