Solar Panel Cost Guide in Enon, VA (2023 Update)
- Enon Solar Installation Cost: $14,919
- 25-Year Savings: $21,285
- Payback Period: 10.3 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Enon
Find out what the average cost of installing solar panels is in Enon.
Although the national average of solar panels is $2.66 per watt, solar panels in Enon typically cost around 2.75. The average solar panel system size in Enon is around 7.8 kilowatts, meaning a cost of about $14,919 for a solar installation, or $21,334 before the 30% federal solar tax credit is applied.
These figures are only estimates, and how much solar costs for you may vary based on your energy needs and what company you go with. Even with the significant upfront cost, the average Enon homeowner can save about $18,000 on their electricity bills over 20 years, which is one of the advantages of solar.
To receive a free estimate from a vetted solar installation company in Enon, you can click the button below.
Solar savings over time in Enon
| Year | Return on Investment |
|---|---|
| 1 years | $-13,471 |
| 3 years | $-10,574 |
| 5 years | $-7,678 |
| 7 years | $-4,782 |
| 9 years | $-1,885 |
| 11 years | $1,011 |
| 13 years | $3,907 |
| 15 years | $6,804 |
| 17 years | $9,700 |
| 19 years | $12,596 |
| 21 years | $15,492 |
| 23 years | $18,389 |
| 25 years | $21,285 |
Top Solar Installers in Enon
Although you can install solar panels on your own, it takes extra labor and knowledge. Because of that, almost all homeowners choose to go with a solar panel installer. The expertise that solar companies provide can be invaluable as well, particularly if you don't quite know what kind of solar equipment would be right for your home.
Working with a licensed solar company can make going solar easier. 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 Enon
Factors that Affect Solar Panel Costs in Enon
For many Enon homeowners, the decision to adopt solar energy comes down to cost. However, the range of solar installation costs can be quite wide in Enon, with typical prices between $20,000 to $40,000. There are a number of factors that considerably influence the price you'll pay, which we'll go over below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power production need better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $2,750. The brand and kind of equipment you choose for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have limited roof space or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want add-ons like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
If paying for solar panels out of pocket is out of reach, solar loans are an affordable route because they lower your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years. Although solar loans make going solar more accessible for Enon homeowners, they can also raise the total you pay for your system due to interest. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar panel installation company you pick will play a role in your total cost to go solar. Different companies will bill different amounts for the equipment and labor. You may come across national solar installers that have lower prices because of their larger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or promotions to compete with those major players.
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 | $16,031 | 10.7 years |
| 8 kW | $2.81 | $15,708 | $21,683 | 10.5 years |
| 10 kW | $2.75 | $19,250 | $27,488 | 10.3 years |
| 12 kW | $2.69 | $22,638 | $33,448 | 10.1 years |
| 14 kW | $2.64 | $25,872 | $39,561 | 9.9 years |
| 16 kW | $2.58 | $28,952 | $45,829 | 9.7 years |
| 18 kW | $2.53 | $31,878 | $52,251 | 9.5 years |
| 20 kW | $2.48 | $34,650 | $58,826 | 9.3 years |
How to Save on Solar Panels
There are a large number of companies available in Enon, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, so here are some tips to help you decide:
- Contract: Look through the contract terms closely to make sure you understand the cost breakdown, completion timeline incentives and warranties.
- Reputation: Make sure your solar installer has a good reputation by verifying 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: Not all solar companies have the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you go with.
- Installation Process: Make sure you're aligned with the company regarding how the installation process will go and what needs to be done before your solar panel system is installed, such as updating or replacing your electrical system or roof.
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 Enon, VA Solar Cost FAQs
How much does it cost to install solar panels in Enon?
The average cost of solar panels in Enon 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 model of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Enon?
You can't get solar panels for free in Enon. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
How will solar panels impact my home value?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Enon is currently $237,300, so you can look forward to a value of about $9,729 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Enon is a fruitful investment.
How long do solar panels last in Enon?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is their energy production will have decreased significantly after that point. You can replace them after having them for that long or you can continue to use them at a lower efficiency.
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.