Solar Panel Cost Guide in Hampton, VA (Sep 2022)

  • Hampton Solar Installation Cost: $14,052
  • 25-Year Savings: $22,151
  • Payback Period: 9.7 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 Hampton

Let's take a look at the average cost of solar in Hampton.

Although the national average of solar panels is $2.66 per watt, solar panels in Hampton typically cost around $3. The average Hampton homeowner needs a 7.3-kilowatt system, which would cost about $14,052, or $10,398 after the federal solar tax credit of 30% is applied.

These figures are just averages, and your own solar costs will differ based on your energy needs and what company you go with. For most homeowners, the upfront cost of solar is worth paying. On average you could be looking at about $19,000 in savings on electricity bills over 20 years.

To receive a free estimate from a top solar installation company in Hampton, you can click the button below.

Solar savings over time in Hampton

Year Return on Investment
1 years $-12,604
3 years $-9,708
5 years $-6,812
7 years $-3,915
9 years $-1,019
11 years $1,877
13 years $4,773
15 years $7,670
17 years $10,566
19 years $13,462
21 years $16,359
23 years $19,255
25 years $22,151

Top Solar Installers in Hampton

When making the switch to solar, many homeowners prefer to use a solar company since handling can be a time-consuming project. The payback period of solar panels will vary based on factors like your location and energy needs, but working with a solar installer can shorten it. Your provider will be able to help you apply for incentives available in your area.

Working with a vetted solar company can help you make the most of your investment in solar. Here are our recommendations:

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 Hampton

Factors that Affect Solar Panel Costs in Hampton

Although the average cost of solar panels in Hampton is $14,052, your final cost may be above or below the average. There are quite a few factors that can have a significant impact on the cost of a solar panel installation. Below are some of the more important things to consider.

Solar Equipment Size

The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the key factors is the system size. Solar power systems with better efficiency or power production use 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 type of equipment you get for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often have a higher price tag 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 greater 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

For some homeowners, paying for solar panels out of pocket can be challenging. Solar loans are offered by most installers in Hampton, which can reduce, or in some cases totally eliminate, your upfront costs to make solar more affordable. Though solar loans make going solar more accessible for Hampton homeowners, they can also raise the total you pay for your system due to interest. If you put down a larger down payment, though, you can avoid paying as much in interest.

Solar Panel Installation Company

Lastly, the company you opt for to install your solar system can affect the cost. Hampton's solar companies all have different labor costs and add varying upcharges to equipment. Some companies only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It's best to do some research and decide on the company that offers the products, warranties and services you're looking for and also is within 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 $17,744 10.1 years
8 kW $2.81 $15,708 $23,967 9.9 years
10 kW $2.75 $19,250 $30,344 9.7 years
12 kW $2.69 $22,638 $36,874 9.5 years
14 kW $2.64 $25,872 $43,559 9.3 years
16 kW $2.58 $28,952 $50,398 9.1 years
18 kW $2.53 $31,878 $57,391 8.9 years
20 kW $2.48 $34,650 $64,537 8.7 years

Solar Incentives in Hampton

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

There are many companies to choose from in Hampton, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be tough, so here are some tips to help you decide:

  • Contract: Before signing a contract with a solar installer, make sure you look it over carefully so you understand the terms. Also, ask questions if you're not sure about some of the terms, such as what the warranty covers and what services you can expect from them.
  • Warranty: Warranties that cover panel repairs and maintenance over a couple decades are the best you can get in the business, and offering such a warranty is one indication of a good company.
  • Solar Panel Brands: The type of solar panel you need to install plays a part in which installer you should go with, since different companies have access to different panels.
  • Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to install your solar system. Another way you can check your installer's reputation is by reading reviews.

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 Hampton, VA Solar Cost FAQs

What is the average cost of installing solar panels in Hampton?

The average cost of solar panels in Hampton 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 such as the type of solar panels you want, what size system you need and how much energy you use.

Are solar panels free in Hampton?

Solar panels aren't free in Hampton, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.

Can you sell solar power back to the grid in Hampton?

Most states offer net metering programs of some kind. Through these, you can receive compensation for the extra power your system produces or or receive credits to put toward future energy bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.

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

To figure out what solar panel system size you need, you should find out how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average home will need 20 to 35 panels.

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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