Solar Panel Cost Guide in Huntington, VA (2023 Update)
- Huntington Solar Installation Cost: $15,515
- 25-Year Savings: $20,688
- Payback Period: 10.7 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Huntington
Find out what the average cost of a solar system is in Huntington.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Huntington, the typical cost of a solar system is 2.75 per watt. The average Huntington homeowner needs a 8.1-kilowatt system, which would cost about $15,515 with the federal tax credit, or $22,186 before the 30% tax credit is applied.
Remember that the numbers above are only averages. The price you'll pay for solar may look quite different based on your household energy use, the type of solar system you want to get, your solar contractor and more. But, after you've paid the initial cost of installation, the savings for most homeowners is usually good, with a net average savings of about $17,000 over 20 years on power bills.
To see your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in Huntington
| Year | Return on Investment |
|---|---|
| 1 years | $-14,067 |
| 3 years | $-11,171 |
| 5 years | $-8,275 |
| 7 years | $-5,378 |
| 9 years | $-2,482 |
| 11 years | $414 |
| 13 years | $3,310 |
| 15 years | $6,207 |
| 17 years | $9,103 |
| 19 years | $11,999 |
| 21 years | $14,896 |
| 23 years | $17,792 |
| 25 years | $20,688 |
Top Solar Installers in Huntington
Many homeowners choose to hire a solar panel company since trying to install solar panels on your own can be time-consuming. Plus, if you're unsure what type of solar panels and equipment you want, a solar installer can help you find the right equipment for you after a site survey and consultation.
There are a number of licensed solar professionals that can help you install your solar panels. Here are our suggestions:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
See all of the solar companies in Huntington
Factors that Affect Solar Panel Costs in Huntington
For many Huntington homeowners, the decision to adopt solar energy rests on cost. However, the range of solar installation costs can be quite wide in Huntington, with typical prices between $20,000 to $40,000. There are a number of factors that greatly influence the price you'll pay, which we'll go over below.
Solar Equipment
One of the most significant 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 consumes, the larger your system will likely need to be. You can expect to pay around $2,750 per kilowatt in Huntington. There are several different solar panel brands and the one you choose also affects the cost. Generally, the brands that are more efficient tend to also be more expensive. Additionally, the type of equipment you're looking to get can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a significant investment. That's why many Huntington homeowners opt to finance their solar panel systems to make going solar more affordable. It's wise to include the interest you'll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and the amount of time it'll take to pay off the loan.
Solar Panel Installation Company
The solar installer you opt for to handle your switch to sustainable energy can have an effect on your total costs. There are about 3 solar panel companies in Huntington, and each can charge different amounts for labor and equipment. Additionally, some companies in Huntington have more knowledge about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you 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 | $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
The solar panel company you choose will influence not only your total costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are several important things you should take into account, including:
- Reputation: Solar installers that have great reviews from their customers and that have been operating for many years most likely provide quality solar panel installation and expertise.
- Installation Process: Homeowners should make sure they understand how exactly the installation process will be carried out, as well as important factors like the completion timeline.
- Contract: Although reading through a contract can take a lot of time, it's important to do it fully so you can make sure you understand how much the equipment and services will cost and the terms of the warranty.
- Solar Panel Brands: Different companies will carry various brands and types of panels. If you prefer a specific brand, make sure the solar installer you're considering has it.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Huntington, VA Solar Cost FAQs
What is the average cost of installing solar panels in Huntington?
The average cost of solar panels in Huntington 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 certain factors such as the type of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider in addition to cost when buying solar panels?
Cost is certainly one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Is it worth going solar in Huntington?
Solar panels can be a beneficial investment for many homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your electricity bills are already fairly low, solar panels might not be for you.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy needs and how much sunlight your roof gets. You can take a 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.