With the itc you can deduct 26 percent of the cost of your solar equipment from your taxes that means major savings on your solar installation.
Buy solar panels in virginia.
On a cost per watt w basis a solar panel installation in virginia ranges in price from 2 46 to 3 34.
Yes the whole range of zero down payment options are available in virginia from loans to leases to power purchase agreements ppas.
Installing a typical 5 kw solar system should start at about 18 750.
There are plans for a significant expansion of large scale solar energy in virginia.
These solar panels are high efficiency 12 volt solar panels featuring sturdy aluminum frames and high transparency tempered glass tops.
How long does it take to earn back your initial investment in solar panels.
But in the last five years the cost of solar panels has dropped by 80 making home solar much more affordable.
From virginia data it is shown that the average cost of a solar panel installation ranges from 12 325 to 16 675.
They have a scratch resistant and anti reflective coating to help keep the solar panel in good shape for many years.
Moving to solar power may be a smart move for virginia residents.
Now in virginia the average home can get solar installed for 20 000 or less.
How much do solar panels cost in virginia.
In response solar is on the rise meeting the economic and environmental needs of the state.
The feds offer a tax credit of 30 of out of pocket costs so you ll get 5 625 back next april.
The benefits of going solar in virginia federal solar energy tax credit itc without a doubt the federal solar tax credit also referred to as the investment tax credit is one of the best incentives available for property owners in virginia.
Here s an example of how the numbers work for a purchase of a 5 kw rooftop solar system in virginia.
According to the united health foundation the state s air is the 17th dirtiest in the nation and much of that pollution comes from power plants.
According to dominion energy virginia s most recent long term plan at least 15 900 megawatts of new solar energy could be added in the next 15 years.
Dominion energy currently has solar energy services in nine states.