Solar Panel Cost Guide in North Springfield, VA (Mar 2023)
- North Springfield Solar Installation Cost: $15,515
- 25-Year Savings: $20,688
- Payback Period: 10.7 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in North Springfield
Let's have a look at the average cost of solar panels in North Springfield.
Although the national average of solar panels is $2.66 per watt, solar panels in North Springfield generally cost around 2.75. Using this figure, a typical 8.1-kW system would cost about $15,515 before the 30% federal solar tax credit is applied.
Remember that the numbers above are only averages. The price you'll end up paying for solar will differ based on your household energy consumption, the type of solar system you choose, your solar contractor and more. But, after you've paid the upfront cost of installation, the savings for most homeowners is quite rewarding, with a net average savings of about $17,000 over 20 years on energy bills.
You can click the button below to get connected with a pre-vetted solar company in North Springfield for a quote for your home.
Solar savings over time in North Springfield
| Year | Return on Investment |
|---|---|
| 1 years | $-14,067 |
| 3 years | $-11,171 |
| 5 years | $-8,275 |
| 7 years | $-5,378 |
| 9 years | $-2,482 |
| 11 years | $414 |
| 13 years | $3,310 |
| 15 years | $6,207 |
| 17 years | $9,103 |
| 19 years | $11,999 |
| 21 years | $14,896 |
| 23 years | $17,792 |
| 25 years | $20,688 |
Top Solar Installers in North Springfield
Installing solar panels on your own can be a difficult task, which is why getting a solar installation company is a good option for many homeowners. A solar company can also help save you money in the long run by offering warranties, repairs and component replacements.
If you'd like to make the switch to solar but still aren't sure which solar panel installer to go with, here are our suggestions for providers nearby:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in North Springfield
Factors that Affect Solar Panel Costs in North Springfield
Though the average cost of a solar system in North Springfield is $15,515, your actual cost may be above or below the average. There are many factors that can have a significant impact on the cost of a solar panel installation. Below are some of the more crucial things to consider.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power generation require 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 $2,750. The kind of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more in the long run on your energy bills. Additionally, extra products, like solar batteries, can bring your total well above the North Springfield average.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a big investment. That's why many North Springfield homeowners opt to finance their solar panel systems to offset upfront costs. 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
A final consideration when trying to figure out the cost of solar for your home or business in North Springfield is the company you get to install your PV system. As with choosing a company to build a deck or pool, for instance, you'll have no shortage of solar installers that offer a range of services for different budgets. Some companies only sell high-efficiency and high-priced products — 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 go with the 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 | $2.86 | $12,012 | $14,928 | 11.1 years |
| 8 kW | $2.81 | $15,708 | $20,212 | 10.9 years |
| 10 kW | $2.75 | $19,250 | $25,650 | 10.7 years |
| 12 kW | $2.69 | $22,638 | $31,242 | 10.5 years |
| 14 kW | $2.64 | $25,872 | $36,988 | 10.3 years |
| 16 kW | $2.58 | $28,952 | $42,888 | 10.1 years |
| 18 kW | $2.53 | $31,878 | $48,942 | 9.9 years |
| 20 kW | $2.48 | $34,650 | $55,150 | 9.6 years |
How to Save on Solar Panels
The solar company you go with will influence not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are several important things you should keep in mind, such as:
- Reputation: Well-established companies 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 adequate aftercare and customer service, such as part repairs and replacements.
- Solar Panel Brands: The model of solar panel you'd like plays a part in which company you should choose, since different companies have different panels.
- Warranty: Many companies offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Contract: When reading over your solar company's contract, ask for clarification about any terms you're not sure of and be sure you understand what happens in scenarios such as a system part breaking or if the company goes out of business.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's North Springfield, VA Solar Cost FAQs
What is the average cost of installing solar panels in North Springfield?
The average cost of solar panels in North Springfield is about $13,750 for a 5-kW system and $27,500 for a 10-kW system before the ITC, but the real cost will depend on stuff such as the model of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important thing to keep in mind when buying solar panels?
The initial cost is a key factor to consider, but whether it's the most important for you depends on why you decided to go solar. In cities 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.
Can you sell solar power back to the grid in North Springfield?
The majority of states offer net metering programs of some kind. Through these, you can either receive compensation for the extra power your system produces or or receive credits to put toward future utility bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
How long do solar panels last in North Springfield?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can choose to replace them once you've had them for that long or you can keep using them at a lower efficiency.
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.