Solar Panel Cost Guide in Glen Allen, VA (Oct 2022)

  • Glen Allen Solar Installation Cost: $14,976
  • 25-Year Savings: $20,821
  • Payback Period: 10.5 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 9/16/2022

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Average Cost of Solar Panels in Glen Allen

We break down average solar pricing in Glen Allen.

In Glen Allen, solar panels cost about $3 per watt on average. Because a 7.8-kW system is needed to cover the energy needs of a typical home in Glen Allen, the average price of going solar will be about $14,976 before claiming the federal solar tax credit of 30%.

The actual price you pay can be higher or lower than the average in Glen Allen depending on a variety of factors, such as the type of solar panels you choose and the solar company you hire. But, after you've paid the upfront cost of installation, the return on investment for most homeowners is quite good, with a net average savings of about $17,000 over 20 years on energy bills.

To receive a free quote from a top solar installation company in Glen Allen, you can click the button below.

Solar savings over time in Glen Allen

Year Return on Investment
1 years $-13,545
3 years $-10,681
5 years $-7,817
7 years $-4,953
9 years $-2,089
11 years $774
13 years $3,638
15 years $6,502
17 years $9,366
19 years $12,229
21 years $15,093
23 years $17,957
25 years $20,821

Top Solar Installers in Glen Allen

Although you can install solar panels by yourself, it takes extra time and knowledge. Because of that, most people choose to hire a solar panel installer. Companies can also offer access to various kinds of the best solar panels and help you pick which one will be best for your family.

There are several licensed solar professionals that can install solar panels for you. Here are our suggestions:

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

The Green Panel

★★★★★
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 Glen Allen

Factors that Affect Solar Panel Costs in Glen Allen

For many Glen Allen homeowners, the decision to adopt solar energy comes down to cost. However, the range of solar installation costs can be quite wide in Glen Allen, with typical prices between $20,000 to $40,000. There are several factors that significantly influence the price you'll pay, which we'll go over below.

Solar Equipment Size

When it comes to estimating the cost of a solar panel system in Glen Allen, one of the most crucial 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 usage, which you can figure out by looking at past energy bills. Your overall cost can increase by about $2,750 for each additional kilowatt you need. The solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more in the long run on your power bills. Additionally, extra products, such as solar batteries, can bring your total well above the Glen Allen average.

Solar Financing Terms

For some homeowners, paying for solar out of pocket can be a challenge. Solar loans are available from most installers in Glen Allen, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more accessible. When figuring out your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying more upfront can reduce the total interest paid over time.

Solar Panel Installation Company

The final key cost factor you should take into consideration is the installer you choose. Given the booming popularity of clean energy solutions in Glen Allen, you'll have plenty of options to choose from, but each comes at various price points for labor and equipment. The company's size sometimes plays the most significant role in your total costs. 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 lower 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 $15,592 10.9 years
8 kW $2.81 $15,708 $21,098 10.7 years
10 kW $2.75 $19,250 $26,757 10.5 years
12 kW $2.69 $22,638 $32,570 10.3 years
14 kW $2.64 $25,872 $38,538 10.0 years
16 kW $2.58 $28,952 $44,659 9.8 years
18 kW $2.53 $31,878 $50,935 9.6 years
20 kW $2.48 $34,650 $57,364 9.4 years

Solar Incentives in Glen Allen

Name Income Tax Deduction for Energy-Efficient Products
More Info Click here

Name Local Option- Renewable Energy Machinery and Tools Property Tax Exemption
Website Visit here
More Info Click here

Name Local Option - Residential Property Tax Exemption for Solar
Website Visit here
More Info Click here

Name Residential Renewable Energy Tax Credit
Website Visit here
More Info Click here

How to Save on Solar Panels

The company that does your system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since picking a company can be difficult, we have some tips to help you, such as:

  • Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to clarify any details you should know with your solar company, such as what permits you should acquire and how long the project will take.
  • Contract: Although reading through a contract can be tedious, it's important to do it carefully so you can be sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
  • Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and energy needs. Although there are many options for which type of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you peruse their list of offerings before deciding.
  • Reputation: Your solar installer should have a good reputation as a company and have verifiable expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from past customers.

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

The Green Panel

★★★★★
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 Glen Allen, VA Solar Cost FAQs

How much does it cost to install solar panels in Glen Allen?

The average cost of solar panels in Glen Allen is about $13,750 for a 5-kW system and $27,500 for a 10-kW system before the ITC, but the real cost will depend on things like the model of solar panels you want, what size system you need and how much energy you consume.

Can you get solar panels for free in Glen Allen?

You can't get solar panels for free in Glen Allen. 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 much can I save on energy bills after switching to solar?

Solar panels can potentially eliminate your electricity bills depending on your location and the efficiency of your system. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $920.14 per year.

How many solar panels do I need to power my home?

The exact number of solar panels you need depends on your household energy usage and the amount of 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.

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