Solar Panel Cost Guide in Springfield, PA (2024 Update)
- Springfield Solar Installation Cost: $16,181
- 25-Year Savings: $15,023
- Payback Period: 15.2 Years
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Average Cost of Solar Panels in Springfield
Find out what the average cost of a solar system is in Springfield.
The national average cost of solar panels is $2.66 per watt, but in Springfield it’s 4 per watt.The average solar panel system size in Springfield is around 6.5 kilowatts, meaning a cost of about $16,181 for a solar installation, or $23,139 before the 0 federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Springfield homeowners. The price of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.With typical savings of about $16,000 on power bills over 20 years, many homeowners in Springfield find installing solar panels can be quite rewarding.
To receive a free quote from a highly rated solar company in Springfield, you can click the button below.
Solar savings over time in Springfield
Year | Return on Investment |
---|---|
1 years | $-14,890 |
3 years | $-12,310 |
5 years | $-9,729 |
7 years | $-7,149 |
9 years | $-4,568 |
11 years | $-1,988 |
13 years | $593 |
15 years | $3,174 |
17 years | $5,754 |
19 years | $8,335 |
21 years | $10,915 |
23 years | $13,496 |
25 years | $16,076 |
Top Solar Installers in Springfield
Trying to install solar panels on your own can be a difficult undertaking, which is why using a solar installer is a good option for many homeowners. Because solar panels are exposed to the elements every day, warranties and repairs from your solar company can help you get the most out of your investment in solar panels by avoiding potential costs down the line.
You can work with a local solar installer to get a free estimate on how much solar panels could cost for your home. Here are some nearby:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
See all of the solar companies in Springfield
Factors that Affect Solar Panel Costs in Springfield
There are several factors that can influence your total 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
One of the most significant factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more energy your household consumes, the larger your system will likely need to be. You can expect to spend about $3,550 per kilowatt in Springfield.The type of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more in the long run on your energy bills. In addition, add-on products, such as solar batteries, can bump up your total well above the Springfield average.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be difficult. Solar loans are available from most installers in Springfield, which can reduce, or in some cases totally eliminate, your upfront costs to make solar more affordable.When figuring out your overall cost, you should also calculate the interest you’ll pay if you choose to go with a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.
Solar Panel Installation Company
Lastly, the company you hire to install your solar panels can play a role in determining how much it costs. Springfield’s solar companies all have different labor costs and add varying upcharges to equipment. Companies that 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 has the products, warranties and services you want 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 | $3.69 | $15,506 | $9,047 | 15.8 years |
8 kW | $3.62 | $20,278 | $12,460 | 15.5 years |
10 kW | $3.55 | $24,850 | $16,072 | 15.2 years |
12 kW | $3.48 | $29,224 | $19,882 | 14.9 years |
14 kW | $3.41 | $33,398 | $23,892 | 14.6 years |
16 kW | $3.34 | $37,374 | $28,100 | 14.3 years |
18 kW | $3.27 | $41,152 | $32,508 | 14.0 years |
20 kW | $3.19 | $44,730 | $37,113 | 13.7 years |
How to Save on Solar Panels
The solar company you opt for will be a major factor in determining not only your total costs, but also the types 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, such as:
- Reputation: Solar panel companies that have great reviews from their customers and that have been operating for many years most likely provide good-quality solar panel installation and expertise.
- Installation Process: Get detailed information from your solar company about the installation process and what to expect, including when the site survey will be completed and what the project timeline is.
- Solar Panel Brands: Different companies carry various brands and kinds of panels. If you want a specific brand, make sure the solar company you’re considering has it.
- Warranty: If you care about the endurance of your solar energy system, making sure your installer offers a 25-year, all-inclusive warranty can help put you at ease.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's Springfield, PA Solar Cost FAQs
How much does it cost to install solar panels in Springfield?
The average cost of solar panels in Springfield is about $17,750 for a 5-kW system and $35,500 for a 10-kW system before the ITC, but the real cost will depend on stuff such as the kind of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider aside from cost when buying solar panels?
The upfront cost is a crucial factor to consider, but whether it’s the most important for you depends on your goals for going solar. In places where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to consider are the quality and durability of your solar panels.
Does Springfield have a net metering program?
The majority of states offer net metering programs of some kind. Through these, you can either get paid for the extra power your system produces or or receive credits to put toward future electricity bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How many solar panels do I need to power my home?
To figure out how many solar panels you need, you need to know how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.
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.