Solar Panel Cost Guide in Innsbrook, VA (2024 Update)
- Innsbrook Solar Installation Cost: $19,553
- 25-Year Savings: $21,226
- Payback Period: 13.5 Years
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Average Cost of Solar Panels in Innsbrook
Find out what the average cost of solar panels are in Innsbrook.
The national average cost of solar panels is $2.66 per watt, but in Innsbrook it’s 4 per watt.Using this figure, a typical 7.8-kW system would cost about $19,553 before the 0 federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average Innsbrook homeowner. The price of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.But, after you've paid the initial cost of installation, the payback for most homeowners is typically fruitful, with a net average savings of about $18,000 over 20 years on electricity bills.
To get a free estimate from a top solar installation company in Innsbrook, you can click the button below.
Solar savings over time in Innsbrook
Year | Return on Investment |
---|---|
1 years | $-17,954 |
3 years | $-14,756 |
5 years | $-11,558 |
7 years | $-8,361 |
9 years | $-5,163 |
11 years | $-1,965 |
13 years | $1,233 |
15 years | $4,431 |
17 years | $7,629 |
19 years | $10,827 |
21 years | $14,025 |
23 years | $17,223 |
25 years | $20,420 |
Top Solar Installers in Innsbrook
Installing solar panels yourself can be a dangerous undertaking, which is why hiring a solar installer is a good option for many homeowners. Another perk of going with a solar company is that they can help you make the most of your return of investment by lowering your future costs of repairs and replacements with the help of warranties and giving you information on local incentives you can take advantage of.
You can get a free quote from a local solar installer on the cost of solar panels for your home. Here are some nearby:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Technology
Tesla Energy
- 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 Innsbrook
Factors that Affect Solar Panel Costs in Innsbrook
Cost is often one of the most important factors for homeowners considering investing in solar. There are a few major factors that determine your overall cost in Innsbrook: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household uses, the larger your system will likely need to be. You can expect to pay about $3,590 per kilowatt in Innsbrook.Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Innsbrook, where sunlight is relatively abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar installers in Innsbrook provide solar loans, which reduce your upfront costs of installing solar panels.Even though solar loans make adopting solar energy more accessible for Innsbrook homeowners, they can also increase the total you pay for your system, depending on your interest rate. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
A final factor to consider when trying to estimate the cost of solar for your home or business in Innsbrook is the company you get to install your solar panel system. As with choosing a company to build a deck or pool, for example, you’ll have no shortage of solar installers that offer a range of services at different costs.Additionally, some companies in Innsbrook know more about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for that service. 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 | $3.73 | $15,681 | $12,236 | 14.0 years |
8 kW | $3.66 | $20,506 | $16,717 | 13.8 years |
10 kW | $3.59 | $25,130 | $21,399 | 13.5 years |
12 kW | $3.52 | $29,553 | $26,282 | 13.2 years |
14 kW | $3.45 | $33,775 | $31,366 | 13.0 years |
16 kW | $3.37 | $37,796 | $36,651 | 12.7 years |
18 kW | $3.30 | $41,615 | $42,137 | 12.4 years |
20 kW | $3.23 | $45,234 | $47,825 | 12.2 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you select the right company for you, here are some tips to keep in mind:
- Warranty: Many companies offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Reputation: Make sure your solar company has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by past customers and solar experts like the EcoWatch team.
- Contract: When reading through your solar company’s contract, ask questions about any terms you’re not sure of and make sure you understand what happens in scenarios such as a system component breaking or the company going out of business.
- Installation Process: Get details from your solar installer about the installation process and what to expect, including when the site survey will be done and how long it will take.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Technology
Tesla Energy
- 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 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 $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 things like the type of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Innsbrook?
You can’t get solar panels for free in Innsbrook. 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’d prefer to own your solar panels, you can finance them with a solar loan.
Does Innsbrook have a net metering program?
Most states have net metering programs of some kind. Through these, you can either be compensated for the extra power your system produces or or receive credits to put toward future electricity bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
What solar power system size is right for 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 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.