Solar Panel Cost Guide in Kings Park West, VA (2024 Update)
- Kings Park West Solar Installation Cost: $20,263
- 25-Year Savings: $3,609
- Payback Period: 26.5 Years
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Average Cost of Solar Panels in Kings Park West
Find out what the average cost of solar panels are in Kings Park West.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Kings Park West, the typical cost of a solar system is 4 per watt.The average Kings Park West homeowner needs a 8.1-kilowatt system, which would cost about $20,263 with the federal tax credit, or $28,976 before the 0 tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar energy system. The actual cost of going solar can vary quite a bit depending on a few factors, such as what size system you need, your energy consumption and what company you go with.Despite the high upfront cost, the average Kings Park West homeowner can save around $9,500 on their energy 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 Kings Park West for a quote for your home.
Solar savings over time in Kings Park West
| Year | Return on Investment |
|---|---|
| 1 years | $-18,664 |
| 3 years | $-15,466 |
| 5 years | $-12,268 |
| 7 years | $-9,070 |
| 9 years | $-5,872 |
| 11 years | $-2,674 |
| 13 years | $524 |
| 15 years | $3,722 |
| 17 years | $6,919 |
| 19 years | $10,117 |
| 21 years | $13,315 |
| 23 years | $16,513 |
| 25 years | $19,711 |
Top Solar Installers in Kings Park West
Installing solar panels on your own can be a time-consuming project, which is why getting a solar installation company is a good option for many homeowners. Local solar companies can also help you maximize your return on investment by walking you through any local incentives and by offering warranties and repairs.
If you're looking for a solar company in Kings Park West, we've put together a list of our top suggestions here:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
See all of the solar companies in Kings Park West
Factors that Affect Solar Panel Costs in Kings Park West
Even though the average cost of a solar system in Kings Park West is $20,263, your final cost may be higher or lower than that. There are several factors that can have a major impact on the cost of a solar panel installation. Below are some of the more important things to take into consideration.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. Because of that, it’s a priority to accurately gauge the size of the solar energy system needed for your home by figuring out your average energy use.There are many different solar panel brands and the one you pick also changes the cost. In general, the brands that have better efficiency tend to also be more expensive. Plus, the type of equipment you’re looking to get can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar companies in Kings Park West have solar loans, which reduce the initial cost of installing solar.When trying to figure out your overall cost, you should also calculate the interest you’ll pay if you choose to go with a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Kings Park West is the company you get to install your solar system. As with choosing a company to renovate your kitchen, for example, there’s no shortage of solar installers that provide a range of services at different price points.Larger national companies typically have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or add-on services like electric car 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 | $3.73 | $15,681 | $-1,445 | 27.5 years |
| 8 kW | $3.66 | $20,506 | $-1,525 | 27.0 years |
| 10 kW | $3.59 | $25,130 | $-1,404 | 26.5 years |
| 12 kW | $3.52 | $29,553 | $-1,081 | 25.9 years |
| 14 kW | $3.45 | $33,775 | $-558 | 25.4 years |
| 16 kW | $3.37 | $37,796 | $166 | 24.9 years |
| 18 kW | $3.30 | $41,615 | $1,092 | 24.4 years |
| 20 kW | $3.23 | $45,234 | $2,218 | 23.8 years |
How to Save on Solar Panels
The solar panel company you go with will affect 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 keep in mind, such as:
- 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 past customers and solar experts like the EcoWatch team.
- Installation Process: When making the switch to solar power, it’s important 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 project completion timeline.
- Solar Panel Brands: The brand of solar panel you’d like to install plays a role in which installer you should go with, since different companies have access to different panels.
- Warranty: Each company may offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
EcoWatch's Kings Park West, VA Solar Cost FAQs
How much does it cost to install solar panels in Kings Park West?
This is a hard question to answer exactly, because the cost depends on many factors. Broadly speaking, it costs about $17,950 for a 5-kW system and $35,900 for a 10-kW system after the ITC is applied. It will cost more if you want other solar equipment or higher quality panels, or if you have higher-than-average energy consumption. On the flip side, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
Are solar panels free in Kings Park West?
You can’t get solar panels for free in Kings Park West. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d prefer to own your solar panels, you can finance them with a solar loan.
How will installing solar panels impact my property value?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Kings Park West is currently $685,984, so you could be looking at a value of about $28,125 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Kings Park West is a worthwhile investment.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is 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.