Solar Panel Cost Guide in Spring Hill, KS (2024 Update)
- Spring Hill Solar Installation Cost: $18,299
- 25-Year Savings: $27,381
- Payback Period: 11.0 Years
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Average Cost of Solar Panels in Spring Hill
We break down average solar pricing in Spring Hill.
The average cost of a solar panel system in Spring Hill is 3 per watt.Using this figure, a typical 7.8-kW system would cost about $18,299 before the 0 federal solar tax credit is applied.
These figures are only averages, and how much solar costs for you will most likely vary based on the amount of energy your home requires and what company you go with.With average savings of about $20,000 on utility bills over 20 years, many homeowners in Spring Hill find installing solar panels can pay off big.
For a personalized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Spring Hill
| Year | Return on Investment |
|---|---|
| 1 years | $-16,916 |
| 3 years | $-14,148 |
| 5 years | $-11,380 |
| 7 years | $-8,612 |
| 9 years | $-5,844 |
| 11 years | $-3,076 |
| 13 years | $-308 |
| 15 years | $2,459 |
| 17 years | $5,227 |
| 19 years | $7,995 |
| 21 years | $10,763 |
| 23 years | $13,531 |
| 25 years | $16,299 |
Top Solar Installers in Spring Hill
Trying to put up solar panels on your own can be a time-consuming undertaking, which is why getting a solar installer is a good option for many homeowners. Another great thing about going with a vetted solar installer is that it'll usually provide warranties and free repairs, which help protect your solar investment.
If you’d like to make the switch to solar but still aren’t certain which solar installer to go with, here are our suggestions for providers near you:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
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 Spring Hill
Factors that Affect Solar Panel Costs in Spring Hill
There are a number of criteria that can affect your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
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 better efficiency or power production 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 $3,340.The type 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. On the other hand, more efficient panels could save you more in the long run on your electric bills. Additionally, extra products, such as solar batteries, can bump up your total well above the Spring Hill average.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be challenging. Solar loans are provided by most installers in Spring Hill, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more affordable.When trying to figure out your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.
Solar Panel Installation Company
Finally, the company you hire to install your solar system can affect your pricing. Spring Hill’s solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies generally 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 | $3.47 | $14,589 | $17,278 | 11.4 years |
| 8 kW | $3.41 | $19,078 | $23,412 | 11.2 years |
| 10 kW | $3.34 | $23,380 | $29,732 | 11.0 years |
| 12 kW | $3.27 | $27,495 | $36,240 | 10.8 years |
| 14 kW | $3.21 | $31,423 | $42,935 | 10.6 years |
| 16 kW | $3.14 | $35,164 | $49,816 | 10.3 years |
| 18 kW | $3.07 | $38,717 | $56,885 | 10.1 years |
| 20 kW | $3.01 | $42,084 | $64,141 | 9.9 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:
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and how much efficiency they need. Even though there are many options for which type of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to ask for their list of options before deciding.
- Contract: Before signing a contract with a solar installer, be sure to look it over completely so you understand the terms. Also, ask questions if you aren’t 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: Homeowners should make sure they understand how exactly the installation process will go, as well as important factors like the project timeline.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to install your solar system. Another way you can look into your installer’s reputation is by reading reviews.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
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 Spring Hill, KS Solar Cost FAQs
How much does it cost to install solar panels in Spring Hill?
This is a difficult question to answer exactly, because the cost depends on a variety of factors. Broadly speaking, it costs about $16,700 for a 5-kW system and $33,400 for a 10-kW system after the ITC is applied. It will be more expensive if you want additional 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 opt for a smaller solar panel system or less efficient solar panels.
Is it better to lease or buy solar panels in Spring Hill?
Leasing solar panels can be an attractive choice, because it usually comes with low or $0 upfront payments. The drawback is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any incentives and your home value won’t increase. Buying solar panels is a better way to go if you want to maximize your savings.
Can solar panels completely eradicate my energy bills?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners throughout Spring Hill, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you’ll want to contact a local solar installer to see how many panels can fit on your roof.
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount 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.