Solar Panel Cost Guide in Broadlands, VA (2023 Update)
- Broadlands Solar Installation Cost: $15,650
- 25-Year Savings: $20,951
- Payback Period: 10.7 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Broadlands
See how much it might cost to go solar in Broadlands.
The national average cost of solar panels is $2.66 per watt, but in Broadlands it's 2.75 per watt. The average Broadlands homeowner needs a 8.1-kilowatt system, which would cost about $15,650 with the federal tax credit, or $22,380 before the 30% tax credit is applied.
The prices above are just estimates to give you an idea of how much solar panels could cost. The true cost of going solar can vary based on several factors, such as how many panels you need, your energy usage and what solar installer you go with. With typical savings of about $17,000 on utility bills over 20 years, many homeowners in Broadlands find investing in solar can pay off big.
To receive a free quote from a pre-vetted solar installation company in Broadlands, you can click the button below.
Solar savings over time in Broadlands
| Year | Return on Investment |
|---|---|
| 1 years | $-14,186 |
| 3 years | $-11,258 |
| 5 years | $-8,330 |
| 7 years | $-5,402 |
| 9 years | $-2,474 |
| 11 years | $454 |
| 13 years | $3,383 |
| 15 years | $6,311 |
| 17 years | $9,239 |
| 19 years | $12,167 |
| 21 years | $15,095 |
| 23 years | $18,023 |
| 25 years | $20,951 |
Top Solar Installers in Broadlands
When switching to solar energy, many homeowners prefer to go with a solar company since installing a solar system yourself can be a time-consuming project. A solar installer can also help save you money over the lifespan of your system by offering warranties, repairs and component replacements.
Working with a professional solar company can help your solar project go smoothly. Here are our recommendations:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
See all of the solar companies in Broadlands
Factors that Affect Solar Panel Costs in Broadlands
Though the average cost of a solar system in Broadlands is $15,650, your actual cost may differ. There are many factors that can have a major impact on the cost of a solar system installation. Below are some of the more important things to take into consideration.
Solar Equipment
One of the most important factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more power your household consumes, the larger your system will likely need to be. You can expect to pay around $2,750 per kilowatt in Broadlands. The kind of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, more efficient panels could save you more over time on your power bills. In addition, extra products, like solar batteries, can bring your total well above the Broadlands average.
Solar Financing Terms
Solar panels can save you money on power bills over time, but they can also be a significant investment. That's why many Broadlands homeowners choose to finance their solar panel systems to offset upfront costs. 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're only able to 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 significantly.
Solar Panel Installation Company
Lastly, the company you choose to install your solar panel system can impact your pricing. Broadlands' solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Broadlands know more about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could end up saving you more money in the long run.
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 | $15,015 | 11.1 years |
| 8 kW | $2.81 | $15,708 | $20,328 | 10.9 years |
| 10 kW | $2.75 | $19,250 | $25,795 | 10.7 years |
| 12 kW | $2.69 | $22,638 | $31,417 | 10.5 years |
| 14 kW | $2.64 | $25,872 | $37,192 | 10.3 years |
| 16 kW | $2.58 | $28,952 | $43,121 | 10.0 years |
| 18 kW | $2.53 | $31,878 | $49,204 | 9.8 years |
| 20 kW | $2.48 | $34,650 | $55,441 | 9.6 years |
How to Save on Solar Panels
There are a lot of companies available in Broadlands, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be challenging, so here are some tips to help you decide:
- Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the completion timeline.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and how much efficiency they need. Although there are many options for which kind of solar panel you can get, not every company will have the exact one you may want or need, so make sure you take a look at their list of offerings before deciding.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to get the job done well. Another way you can check your installer's reputation is by reading reviews.
- 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 the installation process.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Broadlands, VA Solar Cost FAQs
What is the average cost of installing solar panels in Broadlands?
The average cost of solar panels in Broadlands is about $13,750 for a 5-kW system and $27,500 for a 10-kW system before the ITC, but the actual cost will depend on certain factors like the type of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important thing to think about when buying solar panels?
The initial cost is a very important factor to consider, but whether it's the most important for you depends on why you decided to go solar. In areas where rooftop space is limited, efficiency can trump the cost. Other factors that are important to think about are the quality and durability of your solar panels.
Is going solar worth it?
Solar panels can be a good investment for lots of homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your power bills are already fairly low, solar panels might not be for you.
How many solar panels should I get to power my home?
To figure out what solar panel system size you need, you should find out how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average home will need 20 to 35 panels.
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.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.