Solar Panel Cost Guide in King George, VA (Mar 2023)
- King George Solar Installation Cost: $15,092
- 25-Year Savings: $22,045
- Payback Period: 10.2 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in King George
Find out what the average cost of solar panel installation is in King George.
The average cost of a solar panel system in King George is 2.75 per watt. Because a 7.8-kW system is needed to cover the energy usage of a typical home in King George, the average price of going solar will be about $15,092 after claiming the federal solar tax credit of 30%.
These figures are only averages, and your own solar costs may vary based on your specific situation and what company you want to go with. But, after you've paid the initial cost of installation, the ROI for most homeowners is typically rewarding, with a net average savings of about $18,000 over 20 years on energy bills.
Click the button below to get connected to a vetted solar company in King George for a customized quote.
Solar savings over time in King George
| Year | Return on Investment |
|---|---|
| 1 years | $-13,607 |
| 3 years | $-10,636 |
| 5 years | $-7,665 |
| 7 years | $-4,694 |
| 9 years | $-1,723 |
| 11 years | $1,248 |
| 13 years | $4,219 |
| 15 years | $7,190 |
| 17 years | $10,161 |
| 19 years | $13,132 |
| 21 years | $16,103 |
| 23 years | $19,074 |
| 25 years | $22,045 |
Top Solar Installers in King George
Many homeowners opt for a solar installation company since trying to put up solar panels by yourself can be time-consuming. Companies can also provide access to quality options of the best solar panels and help you choose which one will be best for you.
There are several 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 (coming 2022)
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 King George
Factors that Affect Solar Panel Costs in King George
For many King George homeowners, the decision to install solar panels comes down to 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 significantly 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 uses, the larger your system will likely need to be. You can expect to pay about $2,750 per kilowatt in King George. There are a lot of different solar panel brands and the one you choose also changes the cost. Usually, the brands that are more efficient tend to also cost more. Plus, the type of equipment you want to install can affect your total cost. If you just need panels, your system will be far 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 King George homeowners opt to finance their solar panel systems to make paying for solar more affordable. Although solar loans make adopting solar energy more accessible for King George homeowners, they can also raise the total you pay for your system due to interest. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
A final consideration when trying to estimate the cost of solar for your home or business in King George is the company you get to install your solar system. Similar to choosing a company to install new cabinets, for example, there's no shortage of solar installers that provide a range of services for different budgets. The company's size sometimes plays the most considerable role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have 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 discount can bring their pricing lower to compete with bigger companies.
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 | $16,391 | 10.6 years |
| 8 kW | $2.81 | $15,708 | $22,163 | 10.4 years |
| 10 kW | $2.75 | $19,250 | $28,089 | 10.2 years |
| 12 kW | $2.69 | $22,638 | $34,168 | 10.0 years |
| 14 kW | $2.64 | $25,872 | $40,402 | 9.8 years |
| 16 kW | $2.58 | $28,952 | $46,790 | 9.6 years |
| 18 kW | $2.53 | $31,878 | $53,332 | 9.4 years |
| 20 kW | $2.48 | $34,650 | $60,027 | 9.1 years |
How to Save on Solar Panels
The solar panel company you choose will affect not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should keep in mind, such as:
- Solar Panel Brands: The type of solar panel you want to install plays a part in which company you should go with, since different companies offer different panels.
- Warranty: Warranties that cover panel repairs and maintenance over around 25 years are the gold standard in the business, and offering that kind of warranty is one sign of a quality company.
- Reputation: Companies that have been operating for many years likely have a high reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
- Contract: Even though reading through a contract can be tedious, it's important to do it fully so you can be sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 King George, VA Solar Cost FAQs
What is the average cost of installing solar panels in King George?
This is a hard question to answer precisely, because the cost depends on many factors. Broadly speaking, it costs about $13,750 for a 5-kW system and $27,500 for a 10-kW system after the ITC is applied. It will cost more if you want extra solar equipment or higher quality panels, or if you have above-average energy usage. On the other hand, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
Is cost the most important consideration when buying solar panels?
The initial cost is a very important factor to consider, but whether it's the most important for you depends on your reasons for going solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.
Is it worth going solar in King George?
Whether or not solar panels are worth it depends on some different factors like local electricity rates and how much direct sunlight your roof gets.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy usage 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 buy 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.