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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Updated February 03, 2024
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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.To cover the typical energy needs of the average home in Spring Hill, most homeowners require a 7.8-kilowatt system. Using the per-watt figure above, a solar installation costs around $18,299, or $26,168 before the federal solar tax credit of 0 is applied.
Remember that the numbers above are only averages. The price you’ll pay for solar will differ based on your household energy consumption, the type of solar system you want to get, your solar contractor and more.With average savings of about $20,000 on energy bills over 20 years, many homeowners in Spring Hill find going solar has a decent ROI.
To see your potential ROI and connect with a local solar company, 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
Although it's possible to install solar panels yourself, it involves extra effort and expertise. Because of that, almost all homeowners choose to hire a solar panel installer. Solar warranties and repairs are usually included in the cost of installation when you go with a solar contractor too, which can save you more money after your upfront investment.
You can get a free estimate from a local solar installer on the cost of solar panels for your home. Here are some nearby:
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 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
The cost of installing a solar system in Spring Hill can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The most significant one is your system size, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
When it comes to estimating the price of solar panels in Spring Hill, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home’s energy usage, which you can determine by looking at past electricity bills. Your total cost can increase by about $3,340 for each additional kilowatt you need.The brand and type of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a 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. Plus, if you want extra equipment 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 Spring Hill homeowners choose to finance their solar panel systems to make going solar more affordable.Although solar loans make going solar more accessible for Spring Hill homeowners, they can also increase the total you pay for your system, depending on your interest rate. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The solar panel installation company you select will impact your total cost to go solar. Different companies will bill different amounts for the equipment and labor.Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It’s best to do some research and go with the company that offers 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 | $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 a lot of 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: 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: It’s important to read your solar installer’s contract well to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system’s energy production.
- 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 how long it will take.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to install your solar system. Another way you can look into your installer’s reputation is by reading reviews.
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 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 few different 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 other solar equipment or higher quality panels, or if you have higher-than-average energy needs. Conversely, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.
Is it better to lease or buy solar panels in Spring Hill?
Leasing solar panels can be an attractive choice, because it often 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 get the most savings.
Can solar panels completely eradicate my electricity bills?
Solar panels can potentially eliminate your electricity bills depending on where you’re located and the efficiency of your system. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $1,062.25 per year.
How long do solar panels last in Spring Hill?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is their energy production will have decreased significantly after that point. You can decide to replace them once you've had them for that long or you can continue to use 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.