Cost Of Installing Solar Panels In Virginia

The feds offer a tax credit of 30 of out of pocket costs so you ll get 5 625 back next april.

Cost of installing solar panels in virginia.

Installing a typical 5 kw solar system should start at about 18 750. This is higher than the average price of residential solar power systems across the united states which is currently 2 53 per watt. Solar panels cost 1 77 to 2 20 per watt and a 6 kw solar panel installation for the average home costs from 10 626 to 13 230 after the 30 federal solar tax credit. Expect to pay 2 50 to 3 50 per watt with most systems in the 3kw to 10kw range.

Solar energy costs 0 08 to 0 10 per kwh to produce on average depending on your location. With energy prices on the rise this may be the perfect time to go solar. A typical 6kw system costs 11 544 after claiming the 26 solar tax credit. The average cost of installed residential solar power systems is currently 2 60 per watt.

Most homeowners pay between 16 532 and 30 820. As of sep 2020 the average cost of solar panels in virginia is 2 66 per watt making a typical 6000 watt 6 kw solar system 11 797 after claiming the 26 federal solar tax credit now available. Get free estimates from solar installers near you or view our cost guide below. Until the end of 2020 you can deduct 26 of the installation costs with the federal investment tax credit itc.

On a cost per watt w basis a solar panel installation in virginia ranges in price from 2 46 to 3 32.