Solar Panel Cost Guide in King George, VA (2024 Update)
- King George Solar Installation Cost: $19,714
- 25-Year Savings: $22,035
- Payback Period: 13.3 Years
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Average Cost of Solar Panels in King George
See how much it might cost to switch to solar power in King George.
Currently, the national average cost of solar panels is $2.66 per watt. However, in King George, the average cost of solar panels is 4 per watt.The average solar panel system size in King George is around 7.8 kilowatts, meaning a cost of about $19,714 for a solar installation, or $28,191 before the 0 federal solar tax credit is applied.
These figures are only averages, and your own solar costs will most likely vary based on the amount of energy your home requires and what company you go with.With typical savings of about $18,000 on power bills over 20 years, many homeowners in King George find going solar has a decent ROI.
You can click the button below to get connected with a top solar company in King George that can help you get a more accurate cost estimate for your home.
Solar savings over time in King George
| Year | Return on Investment |
|---|---|
| 1 years | $-18,115 |
| 3 years | $-14,917 |
| 5 years | $-11,719 |
| 7 years | $-8,521 |
| 9 years | $-5,324 |
| 11 years | $-2,126 |
| 13 years | $1,072 |
| 15 years | $4,270 |
| 17 years | $7,468 |
| 19 years | $10,666 |
| 21 years | $13,864 |
| 23 years | $17,062 |
| 25 years | $20,259 |
Top Solar Installers in King George
Many homeowners decide to use a solar panel company since trying to put up solar panels on your own can be a lot of work. Plus, if you’d like to maximize your investment in solar energy, using a solar installer can help with that as well. Different providers can offer repairs, expertise on installation and sometimes even information on local incentives and net metering programs.
There are several licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
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 King George
Factors that Affect Solar Panel Costs in King George
For many King George homeowners, the decision to install a solar energy system depends on cost. However, the range of solar installation costs can be quite wide in King George, with typical prices between $20,000 to $40,000. There are various factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the price of a solar energy system in King George, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home’s energy consumption, which you can gauge by looking at past electricity bills. Your overall cost can increase by about $3,590 for each additional kilowatt you need.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. On the other hand, higher efficiency could save you more in the long run on your power bills. Additionally, add-on products, such as solar batteries, can bring your total well above the King George average.
Solar Financing Terms
Most solar companies in King George offer solar loans, which reduce the initial cost of installing solar.You’ll have to consider the long-term cost of financing options, including the amount of interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs considerably.
Solar Panel Installation Company
The solar company you select will influence your total cost to adopt solar power. Different companies will bill different amounts for the equipment and labor.The size of the company can sometimes play the most significant role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower prices due to more resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing lower to compete with bigger names.
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 | $12,722 | 13.8 years |
| 8 kW | $3.66 | $20,506 | $17,365 | 13.5 years |
| 10 kW | $3.59 | $25,130 | $22,209 | 13.3 years |
| 12 kW | $3.52 | $29,553 | $27,254 | 13.0 years |
| 14 kW | $3.45 | $33,775 | $32,499 | 12.7 years |
| 16 kW | $3.37 | $37,796 | $37,946 | 12.5 years |
| 18 kW | $3.30 | $41,615 | $43,594 | 12.2 years |
| 20 kW | $3.23 | $45,234 | $49,443 | 11.9 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:
- 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 solid reputation and is qualified to install your solar system. Another way you can verify your installer’s reputation is by reading reviews.
- Contract: Before you sign a contract with a solar company, be sure to look it over carefully so you understand the terms. Also, ask questions if you’re not certain about some of the terms, such as what to do if a component breaks or malfunctions and what services you can expect from them.
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you go with.
- Installation Process: Get details from your solar company about the installation process and what to expect, such as when the site survey will be done and what the project timeline is.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's King George, VA Solar Cost FAQs
How much does it cost to install solar panels in King George?
The average cost of solar panels in King George is about $17,950 for a 5-kW system and $35,900 for a 10-kW system before the ITC, but the actual 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.
Can you get solar panels for free in King George?
You can’t get solar panels for free in King George. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
Can you sell solar power back to the grid in King George?
The majority of states have net metering programs of some kind. Through these, you can either receive compensation for the extra power your system produces or or receive credits to put toward future utility 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?
To figure out what solar panel system size you need, you should find out how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average household 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.