Solar Panel Cost Guide in Springfield, VA (2023 Update)
- Springfield Solar Installation Cost: $15,515
- 25-Year Savings: $20,688
- Payback Period: 10.7 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Springfield
Find out how much it might cost to go solar in Springfield.
The national average cost of solar panels is $2.66 per watt, but in Springfield it's 2.75 per watt. Using this figure, a typical 8.1-kW system would cost about $15,515 before the 30% federal solar tax credit is applied.
The true cost of your system can be higher or lower than the average in Springfield depending on several factors, such as the model of solar panels you choose and the solar installer you hire. Many homeowners find going solar is a sound investment. The average homeowner in Springfield can save around $17,000 on their energy bills over 20 years.
Click the button below to get connected to a top solar panel company in your area for a personalized quote.
Solar savings over time in 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 Springfield
Many homeowners opt for a solar panel installer since trying to install solar panels on your own can be challenging. Also, companies with a high reputation that cost more upfront could actually save you money in the long term with their warranties, repair services and expert design.
Working with a licensed solar company can help your solar project go smoothly. Here are our recommendations:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
See all of the solar companies in Springfield
Factors that Affect Solar Panel Costs in Springfield
Although the average cost of a solar system in Springfield is $15,515, your final cost may differ. There are quite a few factors that can have a major impact on the cost of a solar system installation. Below are some of the more important things to keep in mind.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. For that reason, it's important to accurately ascertain the size of the solar energy system needed for your home by figuring out your typical energy use. The brand and type of equipment you get for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have a small roof or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also raise 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 Springfield homeowners opt to finance their solar panel systems to make going solar more affordable. It's a good idea to add the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it'll take to pay off the loan.
Solar Panel Installation Company
Finally, the company you get to install your solar panel system can impact your pricing. Springfield's solar companies all have different labor costs and add varying upcharges to equipment. You may see national solar installers that have lower prices due to their bigger brand name and access to bulk prices, 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 | $2.86 | $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
There are many companies available in Springfield, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be tough, so here are some tips to help you decide:
- Reputation: Make sure your solar panel installer has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like EcoWatch.
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, durability and energy efficiency. They will come at different prices as well. The company you choose has an impact on which solar panel brands you have access to.
- Contract: Though reading through a contract can be tedious, it's important to do it carefully so you can be sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Installation Process: Get details from your solar installer about the installation process and what to expect, such as when the site survey will be completed and what the project timeline is.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Springfield, VA Solar Cost FAQs
What is the average cost of installing solar panels in Springfield?
The average cost of solar panels in Springfield is about $13,750 for a 5-kW system and $27,500 for a 10-kW system before the ITC, but the actual cost will depend on things 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 think about when buying solar panels?
Cost is a very important factor to consider, but whether it's the most important for you depends on why you decided to go solar. In places where rooftop space is limited, efficiency can trump the cost. Other factors that are important to consider are the quality and durability of your solar panels.
Is it worth going solar in Springfield?
Whether or not solar panels are worth it depends on some different factors like how much you pay for electricity and how much direct sunlight your roof gets.
What solar power system size is right for my home?
To figure out how many solar panels you need, you should find out 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.