Solar Panel Cost Guide in Franconia, VA (2023 Update)
- Franconia Solar Installation Cost: $15,521
- 25-Year Savings: $20,682
- Payback Period: 10.7 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Franconia
Find out what the average cost of solar panel installation is in Franconia.
In Franconia, solar panels cost about 2.75 per watt on average. Since a 8.1-kW system is needed to cover the energy consumption of a typical home in Franconia, the average price of going solar will be about $15,515 after claiming the federal solar tax credit of 30%.
Bear in mind that the figures above are only estimates based on the average energy use of Franconia homeowners. The cost of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor. For many homeowners, the upfront cost of solar panels is worth paying. On average you could be looking at about $17,000 in savings on energy bills over 20 years.
To get a free estimate from a top solar installation company in Franconia, you can click the button below.
Solar savings over time in Franconia
Year | Return on Investment |
---|---|
1 years | $-15,401 |
3 years | $-15,159 |
5 years | $-14,918 |
7 years | $-14,677 |
9 years | $-14,435 |
11 years | $-14,194 |
13 years | $-13,953 |
15 years | $-13,711 |
17 years | $-13,470 |
19 years | $-13,229 |
21 years | $-12,987 |
23 years | $-12,746 |
25 years | $-12,504 |
Top Solar Installers in Franconia
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can be a pain. Taking advantage of a solar company can make converting to solar power much easier. Companies can also offer access to a large variety of the best solar panels and help you pick which one will be best for you.
You can get a free quote from a local solar installer on how much solar panels could cost for your home. Here are some in Franconia:
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 Franconia
Factors that Affect Solar Panel Costs in Franconia
The cost of installing a solar system in Franconia can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The biggest one is the size of the system your household needs, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
When it comes to estimating the price of a solar panel system in Franconia, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home's energy consumption, which you can gauge by looking at past power bills. Your total cost can increase by about $2,750 for each additional kilowatt you need. Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Franconia, where sunlight is relatively abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries 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. When considering your overall cost, you should also calculate the interest you'll pay if you decide on a solar loan. Also, paying more on your down payment can lower the total interest paid over time.
Solar Panel Installation Company
Finally, the company you opt for to install your solar panel system can play a role in determining the cost. Franconia's solar companies all have different labor costs and add varying upcharges to equipment. Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It's best to do some research and find a company that offers the products, warranties and services you want and also fit into your budget.
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
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you select the right company for you, here are some tips to keep in mind:
- Reputation: Well-established companies likely have a good reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you choose.
- Warranty: A comprehensive, 25-year warranty can help keep your solar system running for years to come and save you money on repairs and maintenance.
- Contract: Before you sign a contract with a solar installer, make sure you look it over carefully 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.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Franconia, VA Solar Cost FAQs
How much does it cost to install solar panels in Franconia?
The average cost of solar panels in Franconia 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 things like the type of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Franconia?
Solar panels aren't free in Franconia, but there are some options that can make getting them more affordable, 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 will solar panels impact my property value?
Solar panels can increase your property's value significantly as long as you buy or finance your panels and don't opt for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing a solar system."
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 the average daily 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 buy 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.