Solar Panel Cost Guide in Danville, VA (Feb 2023)

  • Danville Solar Installation Cost: $14,707
  • 25-Year Savings: $24,084
  • Payback Period: 9.5 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated January 20, 2023

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Danville

We go over average solar pricing in Danville.

Although the national average of solar panels is $2.66 per watt, solar panels in Danville typically cost around $3. To account for the typical energy usage of the average home in Danville, most homeowners require a 7.6-kilowatt system. Using the per-watt figure above, a solar installation costs around $14,707, or $10,883 after the federal solar tax credit of 30% is applied.

These figures are only estimates, and how much solar costs for you will most likely vary based on the amount of energy your home requires and what company you go with. With average savings of about $19,000 on utility bills over 20 years, many homeowners in Danville find installing solar panels can pay off big.

For a customized quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.

Solar savings over time in Danville

Year Return on Investment
1 years $-13,155
3 years $-10,052
5 years $-6,949
7 years $-3,846
9 years $-742
11 years $2,361
13 years $5,464
15 years $8,567
17 years $11,671
19 years $14,774
21 years $17,877
23 years $20,980
25 years $24,084

Top Solar Installers in Danville

Although it's possible to install solar panels on your own, it requires extra effort and knowledge. Because of that, the majority of homeowners choose a solar panel installer. In addition, if you'd like to maximize your investment in solar, going with a solar company can help with that too. Different providers can offer repairs, expertise on solar panel installation and sometimes even information on local incentives.

You can work with a local solar installer to get a free estimate on the cost of solar panels for your home. Here are some near you:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Technology

Tesla Energy

★★★★★
4.5

  • Price-match guarantee
  • Sleek, efficient, and durable solar panels
  • Best solar battery on the market
  • Some reported issues with customer service
  • Customer service varies by local dealer

See all of the solar companies in Danville

Factors that Affect Solar Panel Costs in Danville

There are a number of criteria that can determine your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.

Solar Equipment

The cost of solar panels varies by thousands of dollars due to some different factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power generation require better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,750. The type of solar panels and equipment you choose is another factor that will considerably impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more pricey. Further, solar equipment consists of more than just the solar panels themselves. You'll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when searching for a solar system that falls within your budget.

Solar Financing Terms

Most solar installers in Danville have solar loans, which reduce the initial cost of installing a solar system. It's wise to include the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it'll take to pay off the loan.

Solar Panel Installation Company

The last major cost factor you should take into consideration is the installer you choose. Given the booming popularity of sustainable energy solutions in Danville, you'll have plenty of options to choose from, but each comes at varying price points for labor and equipment. The company's size sometimes plays the most significant role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower pricing because of access to more resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing down to compete with bigger names.

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 $18,465 9.9 years
8 kW $2.81 $15,708 $24,927 9.7 years
10 kW $2.75 $19,250 $31,544 9.5 years
12 kW $2.69 $22,638 $38,315 9.3 years
14 kW $2.64 $25,872 $45,240 9.1 years
16 kW $2.58 $28,952 $52,319 8.9 years
18 kW $2.53 $31,878 $59,552 8.7 years
20 kW $2.48 $34,650 $66,938 8.5 years

How to Save on Solar Panels

The solar panel company you go with will be a major factor in determining not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should consider, including:

  • Contract: Before you sign a contract with a solar company, make sure to look it over completely so you understand the terms. Also, ask questions if you're unsure about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
  • Warranty: Warranties that provide coverage for replacement parts and repairs over a couple decades are the best you can get in the business, and offering that kind of warranty is one sign of a quality company.
  • Reputation: Make sure your solar system installer has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like the EcoWatch team.
  • Solar Panel Brands: The model of solar panel you need to get plays a part in which company you should go with, since different companies provide different panels.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Technology

Tesla Energy

★★★★★
4.5

  • Price-match guarantee
  • Sleek, efficient, and durable solar panels
  • Best solar battery on the market
  • Some reported issues with customer service
  • Customer service varies by local dealer

EcoWatch's Danville, VA Solar Cost FAQs

How much does it cost to install solar panels in Danville?

This is a tough question to answer precisely, because the cost depends on a few different factors. Generally speaking, it costs about $13,750 for a 5-kW system and $27,500 for a 10-kW system after the ITC is applied. You can expect to pay more if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy consumption. On the flip side, you can spend less if you choose a smaller solar panel system or less expensive solar panels.

Are solar panels free in Danville?

A solar panel system isn't free in Danville, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.

How much can I save on energy bills after switching to solar?

It is possible to eradicate your electricity bills with solar panels, but for most homeowners throughout Danville, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you'll want to contact a local solar installer to see how many panels can fit on your roof.

How often do you have to replace solar panels?

On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount of energy production.

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.

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