Solar Panel Cost Guide in Innsbrook, VA (2023 Update)
- Innsbrook Solar Installation Cost: $14,976
- 25-Year Savings: $21,227
- Payback Period: 10.3 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Innsbrook
Let's take a look at the average cost of solar in Innsbrook.
In Innsbrook, solar panels cost about 2.75 per watt on average. To cover the typical energy usage of the average home in Innsbrook, most homeowners require a 7.8-kilowatt system. Using the per-watt figure above, a solar installation costs about $14,976, or $21,416 before the federal solar tax credit of 30% is applied.
The prices above are just estimates to give you an idea of how much a solar energy system could cost. The exact cost of making the switch to solar can vary quite a bit based on a few factors, such as how many panels you need, your energy usage and what company you go with. But, after you've paid the initial cost of installation, the ROI for most homeowners is typically good, with a net average savings of about $18,000 over 20 years on energy bills.
You can click the button below to get connected with a pre-vetted solar company in Innsbrook that can help you get a more accurate cost estimate for your home.
Solar savings over time in Innsbrook
| Year | Return on Investment |
|---|---|
| 1 years | $-13,528 |
| 3 years | $-10,632 |
| 5 years | $-7,736 |
| 7 years | $-4,839 |
| 9 years | $-1,943 |
| 11 years | $953 |
| 13 years | $3,849 |
| 15 years | $6,746 |
| 17 years | $9,642 |
| 19 years | $12,538 |
| 21 years | $15,435 |
| 23 years | $18,331 |
| 25 years | $21,227 |
Top Solar Installers in Innsbrook
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can be a pain. Using an installer can make your swap to solar power much easier. A solar company can also help save you money in the long run by providing warranties, repairs and system component replacements.
Working with a professional solar installer can help you make the most of your investment in solar. Here are our recommendations:
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 Innsbrook
Factors that Affect Solar Panel Costs in Innsbrook
The cost of installing a solar system in Innsbrook can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The biggest one is your system size, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
One of the most important factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more power your household uses, the larger your system will likely need to be. You can expect to spend about $2,750 per kilowatt in Innsbrook. The kind of 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 over time on your power bills. Additionally, add-on products, such as solar batteries, can bring your total well above the Innsbrook average.
Solar Financing Terms
Most solar installers in Innsbrook offer solar loans, which reduce the initial cost of installing solar. It's a good idea to add 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 how long it'll take to pay off the loan.
Solar Panel Installation Company
The solar company you hire to handle your switch to sustainable energy can play a part in your total costs. There are about 3 solar installation companies operating in Innsbrook, and each can charge varying amounts for labor and equipment. Larger national companies typically have lower costs, but some local companies compete with them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or add-on services like electric vehicle charger installation, they might be cheaper overall.
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 | $15,906 | 10.8 years |
| 8 kW | $2.81 | $15,708 | $21,515 | 10.5 years |
| 10 kW | $2.75 | $19,250 | $27,279 | 10.3 years |
| 12 kW | $2.69 | $22,638 | $33,197 | 10.1 years |
| 14 kW | $2.64 | $25,872 | $39,269 | 9.9 years |
| 16 kW | $2.58 | $28,952 | $45,495 | 9.7 years |
| 18 kW | $2.53 | $31,878 | $51,875 | 9.5 years |
| 20 kW | $2.48 | $34,650 | $58,409 | 9.3 years |
How to Save on Solar Panels
Since the brand of solar panels and the installation company you choose considerably impacts your costs and your system's durability and efficiency, it's important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Contract: Before signing a contract with a solar installer, make sure you read it through completely so you understand the terms. Also, ask questions if you're not sure about some of the terms, such as what to do if a component breaks or malfunctions and if there are any guarantees about energy production.
- Warranty: An all-inclusive, long-term warranty can help keep your solar panels running for a long time and save you money on repairs and maintenance.
- Solar Panel Brands: Not all solar companies offer the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you hire.
- Reputation: Make sure your solar installer has a good reputation by verifying it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like EcoWatch.
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 Innsbrook, VA Solar Cost FAQs
How much does it cost to install solar panels in Innsbrook?
The average cost of solar panels in Innsbrook 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 stuff such as the kind of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Innsbrook?
Solar panels aren't free in Innsbrook, 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 you can take advantage of.
Is switching to solar power worth it?
Whether or not solar panels are worth it depends on some different factors like the cost of electricity near you and the amount of direct sunlight your roof gets.
How long do solar panels last in Innsbrook?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is how much energy they produce will have decreased significantly after that point. You can opt to replace them after having them for that long or you can keep using them at a lower efficiency.
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.