Solar Panel Cost Guide in Ettrick, VA (2024 Update)
- Ettrick Solar Installation Cost: $19,466
- 25-Year Savings: $22,321
- Payback Period: 13.1 Years
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Average Cost of Solar Panels in Ettrick
We break down average solar pricing in Ettrick.
The average cost of a solar panel system in Ettrick is 4 per watt.The average solar panel system size in Ettrick is around 7.7 kilowatts, meaning a cost of about $19,466 for a solar installation, or $27,836 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The exact cost of going solar can vary depending on a few factors, such as what size system you need, your energy consumption and what company you go with.With typical savings of about $18,000 on energy bills over 20 years, many homeowners in Ettrick find installing solar panels can pay off big.
You can click the button below to get connected with a pre-vetted solar installer in Ettrick that can help you get a more accurate cost estimate for your home.
Solar savings over time in Ettrick
| Year | Return on Investment |
|---|---|
| 1 years | $-17,867 |
| 3 years | $-14,669 |
| 5 years | $-11,471 |
| 7 years | $-8,273 |
| 9 years | $-5,075 |
| 11 years | $-1,877 |
| 13 years | $1,321 |
| 15 years | $4,518 |
| 17 years | $7,716 |
| 19 years | $10,914 |
| 21 years | $14,112 |
| 23 years | $17,310 |
| 25 years | $20,508 |
Top Solar Installers in Ettrick
When making the switch to solar, many homeowners decide to use a solar installer since installing a solar system yourself can be a challenging project. The payback period on a solar system will vary based on factors like your roof configuration and energy needs, but going with a solar installer can help you reach a break-even point sooner. Your provider will be able to help you apply for incentives available in your area.
You can get a free quote from a local solar installer on how much your investment in solar could cost for your home. Here are some near you:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
See all of the solar companies in Ettrick
Factors that Affect Solar Panel Costs in Ettrick
There are many criteria that can influence your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
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 electricity your household uses, the larger your system will likely need to be. You can expect to pay around $3,590 per kilowatt in Ettrick.Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Ettrick, where sunlight is relatively abundant, efficiency can quickly pay off. In addition, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be a challenge. Solar loans are provided by most installers in Ettrick, which can lower, or in some cases completely eliminate, your upfront costs to make solar more affordable.When trying to figure out your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying more on your down payment can lower the total interest paid over time.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Ettrick is the company you choose to install your PV system. As with choosing a company to build a deck or pool, for instance, there are plenty of solar installers that provide a range of services at different price points.You may notice national solar installers that have lower prices because of their bigger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or specials to compete with those larger companies.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.73 | $15,681 | $13,159 | 13.6 years |
| 8 kW | $3.66 | $20,506 | $17,947 | 13.3 years |
| 10 kW | $3.59 | $25,130 | $22,936 | 13.1 years |
| 12 kW | $3.52 | $29,553 | $28,126 | 12.8 years |
| 14 kW | $3.45 | $33,775 | $33,518 | 12.5 years |
| 16 kW | $3.37 | $37,796 | $39,110 | 12.3 years |
| 18 kW | $3.30 | $41,615 | $44,904 | 12.0 years |
| 20 kW | $3.23 | $45,234 | $50,898 | 11.8 years |
How to Save on Solar Panels
The solar installer you opt for will impact not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should take into account, such as:
- Installation Process: Homeowners should make sure they know how exactly the installation process will go, as well as important factors like the project timeline.
- Warranty: A high-quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Reputation: Well-established companies likely have a high reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
- Solar Panel Brands: Each solar panel brand and kind has varying levels of quality, longevity and efficiency. They will come at different price points as well. The company you choose plays a role in which solar panel brands you have access to.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Ettrick, VA Solar Cost FAQs
How much does it cost to install solar panels in Ettrick?
The average cost of solar panels in Ettrick is about $17,950 for a 5-kW system and $35,900 for a 10-kW system before the ITC, but the real cost will depend on certain factors such as the kind of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important thing to consider when buying solar panels?
Cost is a key factor to consider, but whether it’s the most important for you depends on why you decided to go solar. In places where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to think about are the quality and durability of your solar panels.
Can solar panels eliminate my energy bills?
It is possible to erase your electricity bills with solar panels, but for most homeowners in Ettrick, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you’ll want to check with a local solar installer to see how many panels can fit on your roof.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy usage and how much sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to cover their typical energy usage.
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.