Solar Panel Cost Guide in Lake of the Woods, VA (2025 Update)

  • Lake of the Woods Solar Installation Cost: $19,812
  • 25-Year Savings: $20,215
  • Payback Period: 14.0 Years

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By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated January 24, 2025

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Lake of the Woods

We break down average solar pricing in Lake of the Woods.

Although the national average of solar panels is $2.66 per watt, solar panels in Lake of the Woods generally cost around 4.Using this figure, a typical 7.9-kW system would cost about $19,812 before the 0 federal solar tax credit is applied.

Keep in mind that the numbers above are only averages. The price you’ll pay for solar will differ based on your household energy use, the type of solar panels you want to get, your solar contractor and more.Many homeowners find adopting solar power is a rewarding investment. The average homeowner in Lake of the Woods can save around $17,000 on their power bills over 20 years.

Click the button below to get connected to a highly rated solar panel company in your area for a custom quote.

Solar savings over time in Lake of the Woods

YearReturn on Investment
1 years$-18,213
3 years$-15,015
5 years$-11,817
7 years$-8,620
9 years$-5,422
11 years$-2,224
13 years$974
15 years$4,172
17 years$7,370
19 years$10,568
21 years$13,766
23 years$16,963
25 years$20,161

Top Solar Installers in Lake of the Woods

Many homeowners choose to hire a solar installer since trying to install solar panels by yourself can be a labor-intensive endeavor. The expertise that solar companies provide can be useful as well, especially if you aren’t sure what type of solar equipment would be right for your home.

There are a number of licensed solar professionals that can install solar panels for you. Here are our suggestions:

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Best Solar Financing

Blue Raven Solar

★★★★★
4.5
  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

See all of the solar companies in Lake of the Woods

Factors that Affect Solar Panel Costs in Lake of the Woods

The cost of installing a solar system in Lake of the Woods can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The biggest one is the size of the system your household needs, and other factors include equipment choices, financing options and the solar company you choose.

Solar Equipment

The size of the solar system you need, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by about $3,590. There are a lot of different solar panel brands and the one you pick also changes the cost. Typically, the brands that have better efficiency 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

Most solar installers in Lake of the Woods offer solar loans, which reduce your upfront costs of installing a solar system.Even though solar loans make going solar more accessible for Lake of the Woods homeowners, they can also add to the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can avoid paying as much in interest.

Solar Panel Installation Company

The remaining key cost factor you should keep in mind is the installer you choose. Given the booming popularity of green energy solutions in Lake of the Woods, you’ll have many options to choose from, but each comes at varying price points for labor and equipment.The company’s size sometimes plays the most considerable role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because of 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 down to compete with bigger companies.

Solar Panel Cost Data by System Size

System sizeCost per system wattSolar system cost25-Year savingsPayback period
6 kW$3.73$15,681$11,25314.6 years
8 kW$3.66$20,506$15,40614.3 years
10 kW$3.59$25,130$19,76014.0 years
12 kW$3.52$29,553$24,31513.7 years
14 kW$3.45$33,775$29,07113.4 years
16 kW$3.37$37,796$34,02913.2 years
18 kW$3.30$41,615$39,18712.9 years
20 kW$3.23$45,234$44,54612.6 years

How to Save on Solar Panels

The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because picking a company can be difficult, we have some tips to help you, such as:

  • Contract: When reading over your solar installer’s contract, ask questions about any terms you’re not sure of and make sure you understand what happens in scenarios like a system component breaking or if the company goes out of business.
  • Warranty: A comprehensive, 25-year warranty can help keep your solar panels running smoothly and save you money on repairs and maintenance.
  • Reputation: Solar panel companies that have great reviews from their customers and that have been operating for many years most likely offer quality solar panel installation and expertise.
  • Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, longevity and efficiency. They will come at different costs as well. The company you choose impacts which solar panel brands you have access to.
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Best Solar Financing

Blue Raven Solar

★★★★★
4.5
  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

EcoWatch's Lake of the Woods, VA Solar Cost FAQs

What is the average cost of installing solar panels in Lake of the Woods?

This is a hard question to answer precisely, because the cost depends on a variety of factors. Generally speaking, it costs about $17,950 for a 5-kW system and $35,900 for a 10-kW system after the ITC is applied. It will cost more if you want additional solar equipment or higher quality panels, or if you have above-average energy needs. On the other hand, you can spend less if you choose a smaller solar panel system or cheaper solar panels.

What other factors should I consider aside from cost when buying solar panels?

Cost is a crucial factor to consider, but whether it’s the most important for you depends on your goals for going solar. In cities where rooftop space is limited, efficiency can trump the cost. Other factors that are important to consider are the quality and durability of your solar panels.

Is making the switch to solar worth it?

Whether or not solar panels are worth it depends on a variety of factors like the cost of electricity near you and the amount of direct sunlight your roof gets.

How long do solar panels last in Lake of the Woods?

On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level of energy production.

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.