How much do solar panels cost in Virginia?

In Virginia, the typical cost of solar panels is $3.04 per watt, and the average system size is 11 kW. The cost per watt is calculated by taking the total cost of the solar system and dividing it by the system’s total wattage capacity. » WHAT’S THE DIFFERENCE? Kilowatt vs. kilowatt-hour Are solar panels worth it in Virginia?

Are solar panels a good investment in Virginia?

Solar panels will save you a lot of money over time, but the upfront costs aren't cheap. The average Virginia homeowner needs a 12.82 kW solar panel system to cover their electricity needs, which comes out to $36,980 before incentives.

What are the best Solar Lease companies in Virginia?

Plus, SunPower guarantees the energy output from the system you lease, which is an additional protection that other companies don’t always provide. Sunrun is another big name you’ll likely come across when researching solar leases in Virginia.

Are solar loans a good idea in Virginia?

Solar loans are popular among homeowners because you don’t have to have the money for the installation upfront, but you get better lifetime savings than with a leased system. You also get to directly use the incentives (tax credits, rebates, etc.) available in Virginia, rather than a leasing company retaining them.

How can I save money on solar in Virginia?

Virginia also offers other ways to save on solar. For example, the state offers home and business owners property tax exemptions that can save you a substantial amount each year. The state also has loan programs, including the PACE program. Through this program, your solar is 100% paid for.

Are solar incentives a good idea in Virginia?

Solar incentives and rebates can cut the cost of installing solar in Virginia by thousands of dollars. The most significant incentive is the 30% federal solar tax credit, available to any taxpayer in the country when they purchase solar panels or battery storage.