Solar Panel Cost Guide in West Springfield, VA (2023 Update)
- West Springfield Solar Installation Cost: $15,521
- 25-Year Savings: $20,682
- Payback Period: 10.7 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in West Springfield
Find out what the average cost of solar panels are in West Springfield.
The national average cost of solar panels is $2.66 per watt, but in West 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.
How much you pay can go higher or lower than the average in West Springfield based on a few factors, such as the type of solar panels you choose and the solar installer you hire. With typical savings of about $17,000 on electricity bills over 20 years, many homeowners in West Springfield find investing in solar can pay off big.
You can click the button below to get connected with a vetted solar installer in West Springfield that can help you get a more accurate cost estimate for your home.
Solar savings over time in West Springfield
Year | Return on Investment |
---|---|
1 years | $-15,401 |
3 years | $-15,159 |
5 years | $-14,918 |
7 years | $-14,677 |
9 years | $-14,435 |
11 years | $-14,194 |
13 years | $-13,953 |
15 years | $-13,711 |
17 years | $-13,470 |
19 years | $-13,229 |
21 years | $-12,987 |
23 years | $-12,746 |
25 years | $-12,504 |
Top Solar Installers in West Springfield
When going solar, many homeowners opt to hire a solar company since DIY solar panel installation can be a difficult project. Companies can also provide access to various kinds of the best solar panels and help you decide which one will be right for your home.
There are various licensed solar professionals that can install solar panels for you. Here are our suggestions:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
See all of the solar companies in West Springfield
Factors that Affect Solar Panel Costs in West Springfield
Though the average cost of a solar system in West Springfield is $15,515, your actual cost may be above or below the average. There are many factors that can have a sizable impact on the cost of a residential solar panel installation. Below are some of the more important things to keep in mind.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems that have higher efficiency or power generation 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 $2,750. The brand and kind of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Most solar installers in West Springfield provide solar loans, which reduce the initial cost of installing solar. 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 upfront can lower the total interest paid over time.
Solar Panel Installation Company
The solar panel installation company you pick will influence your total cost to go solar. Different companies will bill different amounts for the equipment and labor. 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 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 | $2.86 | $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 solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you find the right company for you, here are some tips to keep in mind:
- Contract: Before signing a contract with a solar installer, make sure you look it over completely so you understand the terms. Also, ask questions if you're not sure about some of the terms, such as what to do if a component breaks or malfunctions and what services you can expect from them.
- Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to align on any details you should know with your solar company, such as what permits you should acquire and how long the project will take.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to do the job well. Another way you can verify your installer's reputation is by reading reviews.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and how much efficiency they need. While there are many options for which kind of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you peruse their list of options before making your decision.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's West Springfield, VA Solar Cost FAQs
How much does it cost to install solar panels in West Springfield?
This is a tough question to answer exactly, because the cost depends on a variety of factors. Broadly speaking, it costs about $13,750 for a 5-kW system and $27,500 for a 10-kW system after the ITC is applied. You can expect to pay more if you want extra solar equipment or higher quality panels, or if you have above-average energy needs. On the other hand, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
Should I lease or buy solar panels in West Springfield?
Leasing solar panels can be an option if you are unable to pay upfront or secure a solar loan, but since you don't own the system, you can't take advantage of many solar incentives. Also your property value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most bang for your buck from going solar.
Do solar panels increase the value of your home?
Solar panels can increase your property's value considerably as long as you buy or finance your panels and don't choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."
How long do solar panels last in West Springfield?
Even though 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 their energy production will have decreased significantly after that point. You can replace them after having 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.