Solar Panel Cost Guide in Gloucester Point, VA (2025 Update)
- Gloucester Point Solar Installation Cost: $18,866
- 25-Year Savings: $21,752
- Payback Period: 13.0 Years
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Average Cost of Solar Panels in Gloucester Point
Let’s have a look at the average cost of solar in Gloucester Point.
The national average cost of solar panels is $2.66 per watt, but in Gloucester Point it’s 4 per watt.The average solar panel system size in Gloucester Point is around 7.5 kilowatts, meaning a cost of about $18,866 for a solar installation, or $26,978 before the 0 federal solar tax credit is applied.
How much you pay can be higher or lower than the average in Gloucester Point depending on a variety of factors, such as the type of solar panels you choose and the solar installer you hire.Many homeowners find adopting solar power is a rewarding investment. The average homeowner in Gloucester Point can save about $18,000 on their electricity bills over 20 years.
You can click the button below to get connected with a vetted solar company in Gloucester Point for a quote for your home.
Solar savings over time in Gloucester Point
| Year | Return on Investment |
|---|---|
| 1 years | $-17,267 |
| 3 years | $-14,069 |
| 5 years | $-10,871 |
| 7 years | $-7,673 |
| 9 years | $-4,476 |
| 11 years | $-1,278 |
| 13 years | $1,920 |
| 15 years | $5,118 |
| 17 years | $8,316 |
| 19 years | $11,514 |
| 21 years | $14,712 |
| 23 years | $17,910 |
| 25 years | $21,107 |
Top Solar Installers in Gloucester Point
Many homeowners opt for a solar panel installer since installing solar panels on your own can be time-consuming. The payback period of solar panels will vary based on factors like your roof configuration and energy needs, but going with a solar company can shorten it. Your provider will be able to help you identify incentives available in your area.
Working with a professional solar installer 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
See all of the solar companies in Gloucester Point
Factors that Affect Solar Panel Costs in Gloucester Point
Though the average cost of a solar system in Gloucester Point is $18,866, your actual cost may differ. There are quite a few factors that can have a sizable impact on the cost of a solar system installation. Below are some of the more important things to keep in mind.
Solar Equipment
One of the most important factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more energy your household uses, the larger your system will likely need to be. You can expect to pay around $3,590 per kilowatt in Gloucester Point.The model of solar panels and equipment you want is another factor that will substantially influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Plus, solar equipment consists of more than just the solar panels themselves. You’ll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when researching a solar system that’s in your budget.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be financially overwhelming. Solar loans are available from most installers in Gloucester Point, which can lower, or in some cases completely eliminate, your upfront costs to make solar more accessible.However, the interest on solar loans also increases your overall costs, so it’s crucial to take that into consideration as well. You can always reduce the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
Lastly, the company you opt for to install your solar panel system can influence the cost. Gloucester Point’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Gloucester Point are more knowledgeable about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could help you save more money in the long run.
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 | $13,253 | 13.5 years |
| 8 kW | $3.66 | $20,506 | $18,073 | 13.3 years |
| 10 kW | $3.59 | $25,130 | $23,094 | 13.0 years |
| 12 kW | $3.52 | $29,553 | $28,316 | 12.8 years |
| 14 kW | $3.45 | $33,775 | $33,739 | 12.5 years |
| 16 kW | $3.37 | $37,796 | $39,363 | 12.2 years |
| 18 kW | $3.30 | $41,615 | $45,188 | 12.0 years |
| 20 kW | $3.23 | $45,234 | $51,214 | 11.7 years |
How to Save on Solar Panels
There are a lot of companies available in Gloucester Point, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be tough, so here are some tips to help you decide:
- Reputation: Make sure your solar installer has a good reputation by confirming it has certifications and licenses, checking its number of years in business and reading reviews by previous customers and solar experts like the EcoWatch team.
- Warranty: Warranties that cover replacement parts and repairs over a long period of time such as 25 years are the gold standard in the business, and offering that kind of warranty is one mark of a good company.
- Contract: When reading through your solar installer’s contract, ask for clarification about any terms you’re not sure of and be sure you understand what happens in scenarios such as a system part breaking or the company going out of business.
- Solar Panel Brands: The type of solar panel you want to install plays a role in which installer you should go with, since different companies have different panels.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Gloucester Point, VA Solar Cost FAQs
What is the average cost of installing solar panels in Gloucester Point?
The average cost of solar panels in Gloucester Point 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 stuff like the model of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in Gloucester Point?
Leasing solar panels can be an attractive choice, as it typically comes with low or $0 upfront payments. The drawback is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any incentives and your home value won’t increase. Buying solar panels is a better option if you want to maximize your savings.
Can you sell solar power back to the grid in Gloucester Point?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future power bills.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy consumption 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 account for 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.