What Should You Pay For Solar In Virginia?

Find Out For Your Home Based On Recent Installations In Your ZIP

Solar power in Virginia

Last fact checked on July 08, 2019 by Catherine Lane

Virginia has some room for improvement as far as solar incentives go; there is no solar carve out within their renewable portfolio standard and there are no mandatory tax exemptions. However, there is a net metering law in place which can provide savings on electric bills for homes with solar systems. 

Combine mandatory net metering with the 30% federal tax credit and there is potential for great savings when you make the switch to solar in Virginia. 

 

Estimate your solar savings

 

Solar power in Virginia

Virginia solar power facts

$3.72
/watt

Average cost of a 5kw solar power system in 2019
Price shown before incentives

10 Years 6 Months

Average payback time

$46,014

Average lifetime savings
Price shown after repayments of capital


/kWh

levelized cost of solar energy

24¢
/kWh

If you don't get solar
The forecast average utility price over the next 25 years

13,636
kWh

Annual power production

Cash flow graph based on cash purchase of a 10.64kW system

This 10.64kW system would offset 100% of your energy usage if your typical monthly bill in Virginia is $150, however your situation may vary so try our solar calculator to get a result tailored to you.


Solar companies in Virginia that provide pricing through the Solar-Estimate marketplace

1


Best solar offers currently available in Virginia


Solar calculator and quote comparison tool

Compare solar quotes from the top solar companies in Virginia

How much do solar panels cost in Virginia

$3.72 per watt

Cash purchased solar system
Before 30% solar tax credit

$4.18 per watt

Financed solar system
Before 30% solar tax credit

N/A cents/kWh

Lease/PPA
Av. 15 year term, 2.5% price escalator

What are the pros and cons of buying solar panels for your home in Virginia

The main advantage of installing solar panels in Virginia is the state’s net metering law, which requires retail sellers of electricity to provide solar customers credit for the excess generation their systems create. Also, homeowners can take advantage of the federal solar tax credit. These two incentives alone make solar an excellent investment for your home or business in Virginia. 

SolarPowerRocks provides a great breakdown of solar incentives and policy for each state within the US.

The disadvantage of installing solar panels is that Virginia receives less sunshine than some other states. This means that a solar system will produce a little less here than it will in sunnier states like Arizona. Also, the state does not require a property tax exemption on solar energy equipment like many other states do. The lack of a solar carve out and Virginia’s renewable portfolio goals being voluntary puts less pressure on utilities to create incentives for expanding solar. 

Enter your details to calculate the potential costs and savings you can expect to receive from installing solar panels for your home. 

Best brands of solar panels

To find the best brands of solar panels you can use America's most trusted solar panel comparison and reviews website, SolarReviews.

However, reviews of solar panels can be a bit meaningless because most consumer owners have not had any issues and so whilst solar company reviews are very important when choosing solar installers they are of less use when choosing solar panels.

For more information to help you make an informed decision about this topic, I would recommend this article about buying solar panels.

 

Unlock live pricing on the best solar panel brands!

 

How much electricity will solar panels produce in Virginia

Solar panels produce different amounts of energy in different locations.

Around the Norfolk area solar panels installed on a south facing 27 degree pitch roof will typically produce:

1,150kWh per year per 1kw of peak DC (direct current) capacity

For more information about how your location, roof direction and roof tilt affects solar power production use the solar panels calculator and enter your zipcode below.

 

See how much electricity your solar panels could produce

I want to buy a solar panel kit and install it myself

What rebates, solar tax credits and other solar incentives are available in Virginia?

Net metering in Virginia

Virginia law requires retail electric providers to make net metering available to their customers. This policy provides credits for any excess generation a solar system produces that can be applied to future bills to reduce costs. 

 


 

Virginia property tax exemption

There is no state-mandated property tax exemption for renewable energy systems. However, there is a law that allows counties, cities, or towns to choose if they would like to enact a policy exempting the costs of a solar system from an individual's property taxes. Some towns such as Alexandria, Charlottesville, and Chesterfield exempt solar system costs from property taxes. 

Check your county and city website to see if your solar system can be exempt from your property taxes. 

 


 

Tennessee Valley Authority Green Power Providers Program

Tennessee Valley Authority (TVA) teamed up with a select few local power companies to provide incentives for homeowners who go solar through the Green Power Provides program. Customers install a solar energy system on their home and TVA pays 9 cents for every kilowatt hour of energy generated by a system that is 10 kilowatts (kW) or less in size. Through this contract, TVA receives all renewable energy credits that are produced by the system. 

This program will close on December 31, 2019, so the sooner you install solar and apply to the program, the better!

Virginia Solar Calculator

Regardless of what you want to know about the economics of installing solar panels for your home or business in Virginia we have a solar calculator that can show you exactly the information your require.


 


 

What you can find out about installing solar panels in Virginia using our full monthly solar calculator

This solar calculator requires you to input your address, utility company, your average monthly power spend - It tells you:

If you want to see all of the above but also see live pricing, the three best solar deals available in your city and get binding quotes from each of these solar companies then use this Virginia solar panels calculator. This calculator requires you to also input your name and contact details because most of our 200+ installer partners will only authorize the sharing of their live solar pricing where we have validated that you are a real homeowner with a home in their service area. We respect the privacy of your data and only share your contact details with the solar companies you ask us to get binding quotes from.

 

Unlock live pricing in your state!

 

Solar calculator

Going solar in Virginia

Check out all of the ways energy providers of Virginia can help you be more energy efficient and save money.

The following programs are available:
Incentive Name Eligibility Type
Residential Renewable Energy Tax Credit Federal Personal Tax Credit
Net Metering State Net Metering
Net Metering State Net Metering
Find your local rebates and incentives

Your city may have further incentives to offer. Please keep in mind that the best source of up-to-date information on incentives are the solar installers who specialize in your area.