Solar Panel Cost Guide in Lansdowne, VA (2023 Update)
- Lansdowne Solar Installation Cost: $15,650
- 25-Year Savings: $20,951
- Payback Period: 10.7 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Lansdowne
We go over average solar pricing in Lansdowne.
In Lansdowne, solar panels cost about 2.75 per watt on average. The average solar panel system size in Lansdowne is around 8.1 kilowatts, meaning a cost of about $15,650 for a solar installation, or $22,380 before the 30% federal solar tax credit is applied.
How much you pay can be higher or lower than the average in Lansdowne based on a variety of factors, such as the type of solar panels you choose and the solar company you hire. Many homeowners find going solar is a solid investment. The average homeowner in Lansdowne can save around $17,000 on their power bills over 20 years.
Click the button below to get connected to a reputable solar panel company in your area for a personalized quote.
Solar savings over time in Lansdowne
| Year | Return on Investment |
|---|---|
| 1 years | $-14,186 |
| 3 years | $-11,258 |
| 5 years | $-8,330 |
| 7 years | $-5,402 |
| 9 years | $-2,474 |
| 11 years | $454 |
| 13 years | $3,383 |
| 15 years | $6,311 |
| 17 years | $9,239 |
| 19 years | $12,167 |
| 21 years | $15,095 |
| 23 years | $18,023 |
| 25 years | $20,951 |
Top Solar Installers in Lansdowne
Many homeowners decide to hire a solar installer since trying to put up solar panels by yourself can be time-consuming. In addition, if you'd like to maximize your investment in solar energy, opting for a solar installer can help with that too. Different providers can offer warranties, expertise on how to install solar panels and sometimes even information on local incentives, rebates and net metering programs.
There are a number of 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
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 Lansdowne
Factors that Affect Solar Panel Costs in Lansdowne
Though the average cost of a solar system in Lansdowne is $15,650, your actual cost may be higher or lower than that. There are several factors that can have a significant impact on the cost of a solar system installation. Below are some of the more important things to take into consideration.
Solar Equipment
When it comes to estimating the price of solar panels in Lansdowne, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home's energy consumption, which you can figure out by looking at past electricity bills. Your total cost can increase by about $2,750 for each additional kilowatt you need. The type of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you opt for 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, more efficient panels could save you more in the long run on your electric bills. Additionally, add-on products, like solar batteries, can bump up your total well above the Lansdowne average.
Solar Financing Terms
If paying for a solar system in cash is difficult, solar loans are a solid choice because they decrease your upfront costs and allow you to pay for your system over five to seven years on average. However, the interest on solar loans also adds to your overall costs, so it's important to include that in your estimate as well. You can always bring down the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
The solar installer you pick will affect your total cost to go solar. Different companies will charge different amounts for the equipment and labor. Larger national companies usually have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or extra services like electric car 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 | $15,015 | 11.1 years |
| 8 kW | $2.81 | $15,708 | $20,328 | 10.9 years |
| 10 kW | $2.75 | $19,250 | $25,795 | 10.7 years |
| 12 kW | $2.69 | $22,638 | $31,417 | 10.5 years |
| 14 kW | $2.64 | $25,872 | $37,192 | 10.3 years |
| 16 kW | $2.58 | $28,952 | $43,121 | 10.0 years |
| 18 kW | $2.53 | $31,878 | $49,204 | 9.8 years |
| 20 kW | $2.48 | $34,650 | $55,441 | 9.6 years |
How to Save on Solar Panels
There are many companies to choose from in Lansdowne, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be challenging, so here are some tips to help you decide:
- Warranty: Warranties that provide coverage for replacement parts and repairs over around 25 years are the gold standard in the business, and offering such a warranty is one sign of a good company.
- Reputation: Solar panel companies that have great reviews from their customers and that have been operating for many years likely provide high-quality solar panel installation and expertise.
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, longevity and energy efficiency. They will come at different prices as well. The company you choose impacts which solar panel brands you have access to.
- Contract: Before you sign a contract with a solar company, be sure to look it over fully so you understand the terms. Also, ask questions if you aren't sure about some of the terms, such as what to do if a component breaks or malfunctions and what services you can expect from them.
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 Lansdowne, VA Solar Cost FAQs
What is the average cost of installing solar panels in Lansdowne?
This is a tough question to answer precisely, because the cost depends on a variety of 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 be more expensive if you want other solar equipment or more efficient panels, or if you have higher-than-average energy needs. Conversely, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.
Should I lease or buy solar panels in Lansdowne?
Leasing solar panels can be an option if you are unable to pay upfront or secure a solar loan, but since you don't own the system, you don't have access to many solar incentives. Also your home value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.
Does Lansdowne have a net metering program?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future utility bills.
How long do solar panels last in Lansdowne?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount 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.