Solar Panel Cost Guide in Burke, VA (Feb 2023)
- Burke Solar Installation Cost: $15,515
- 25-Year Savings: $20,688
- Payback Period: 10.7 Years
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Top Solar Installers in Burke
Many homeowners opt for a solar panel company since trying to put up solar panels on your own can be time-consuming. Companies can also provide access to a large variety of the best solar panels and help you decide which one will be best for your family.
If you'd like to make the switch to solar but still aren't sure which solar panel company to go with, here are our recommendations for providers near you:
See all of the solar companies in Burke
Factors that Affect Solar Panel Costs in Burke
Cost is often one of the most important factors for homeowners considering investing in solar. There are a few key factors that determine your overall cost in Burke: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.
The size of the solar system you need, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by about $2,750. The brand of solar panels and equipment you choose is another factor that will greatly influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Furthermore, solar equipment goes beyond just the solar panels themselves. You'll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when researching a solar system that's in your budget.
Solar Financing Terms
If paying for solar panels in cash is out of reach, solar loans are an affordable route because they cut back your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years. However, the interest on solar loans also increases your all-in costs, so it's important to take that into consideration as well. You can always bring down the total you pay in interest and in some cases even your APR by putting more money down.
Solar Panel Installation Company
The solar installer you pick will impact your total cost to make the switch to solar . Different companies will charge different amounts for the equipment and labor. Larger national companies generally have lower costs, but some local companies compete with them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or extra 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||$14,928||11.1 years|
|8 kW||$2.81||$15,708||$20,212||10.9 years|
|10 kW||$2.75||$19,250||$25,650||10.7 years|
|12 kW||$2.69||$22,638||$31,242||10.5 years|
|14 kW||$2.64||$25,872||$36,988||10.3 years|
|16 kW||$2.58||$28,952||$42,888||10.1 years|
|18 kW||$2.53||$31,878||$48,942||9.9 years|
|20 kW||$2.48||$34,650||$55,150||9.6 years|
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because choosing a company can be difficult, we have some tips to help you, such as:
- Installation Process: Homeowners should make sure they know how exactly the installation process will be carried out, as well as important factors like the project completion timeline.
- Reputation: Solar panel companies that have great reviews from their customers and that have been in business for many years in most cases offer high-quality solar panel installation and expertise.
- Solar Panel Brands: The model of solar panel you want to get plays a role in which installer you should opt for, since different companies have access to different panels.
- Contract: Although reading through a contract can be tedious, it's important to do it fully so you can make sure you understand how much the equipment and services will cost and the terms of the warranty.
EcoWatch's Burke, 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.