Solar Panel Cost Guide in Blacksburg, VA (Feb 2023)
- Blacksburg Solar Installation Cost: $15,169
- 25-Year Savings: $23,316
- Payback Period: 9.9 Years
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Top Solar Installers in Blacksburg
When going solar, many homeowners opt to hire a solar installation company since putting up a solar system yourself can be a challenging project. A solar company can also help save you money over time by offering warranties, repairs and part replacements.
You can get a free estimate from a local solar installer on how much your investment in solar could cost for your home. Here are some near you:
See all of the solar companies in Blacksburg
Factors that Affect Solar Panel Costs in Blacksburg
For many Blacksburg homeowners, the decision to go solar rests on cost. However, the range of solar installation costs can be quite wide in Blacksburg, with typical prices between $20,000 to $40,000. There are various factors that significantly influence the price you'll pay, which we'll go over below.
One of the most significant factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more energy your household consumes, the larger your system will likely need to be. You can expect to pay around $2,750 per kilowatt in Blacksburg. The brand and type of equipment you get for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have a small roof or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Most solar companies in Blacksburg provide solar loans, which reduce the initial cost of installing solar. You'll have to consider the long-term cost of financing options, including the total interest you'll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs considerably.
Solar Panel Installation Company
The remaining significant cost factor you should keep in mind is the installer you choose. Given the booming popularity of clean energy solutions in Blacksburg, you'll have plenty of options to choose from, but each comes at different price points for labor and equipment. Larger national companies generally have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or add-on services like electric vehicle charger installation, they might be cheaper overall.
Solar Panel Cost Data by System Size
|System size||Cost per system watt||Solar system cost||25-Year savings||Payback period|
|6 kW||$2.86||$12,012||$17,277||10.3 years|
|8 kW||$2.81||$15,708||$23,344||10.1 years|
|10 kW||$2.75||$19,250||$29,566||9.9 years|
|12 kW||$2.69||$22,638||$35,941||9.7 years|
|14 kW||$2.64||$25,872||$42,470||9.5 years|
|16 kW||$2.58||$28,952||$49,153||9.3 years|
|18 kW||$2.53||$31,878||$55,990||9.1 years|
|20 kW||$2.48||$34,650||$62,981||8.9 years|
How to Save on Solar Panels
There are a large number of companies to choose from in Blacksburg, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be tough, so here are some tips to help you decide:
- Warranty: A high-quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to get the job done well. Another way you can look into your installer's reputation is by reading reviews.
- Solar Panel Brands: Not all solar companies offer the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you hire.
- Contract: It's important to read your solar installer's contract thoroughly to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system's energy production.
EcoWatch's Blacksburg, VA Solar Cost FAQs
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.